If short term apartment ownership is unattractive because of the hassle of buying and selling, we should look to reduce that hassle, not replace ownership with a parasitic financial relationship.
It’s only a parasitic financial relationship when the rented property is on the hands of a private owner. We could totally have collectively/publicly owned housing rented at maintenance costs, which would 100% remove the exploitation and parasitism
How would you reduce the hassle of apartment ownership? I’m thinking of the issues of having to make a large financial investment, find an apartment you’re happy to do that for and finding a new buyer for that apartment when you want to move elsewhere in a reasonable time and for the right time. And then there’s the worry about renovations to the building and other such (sometimes sudden and unexpected) financial burdens.
With renting you can just rent for a while, not comnit to anything and even use that time to look for the apartment you want to actually own. And if they find out that the pipes are in much worse condition than assumed, you can just say sayonara and move to next place.
No thanks. I’ve lived in 6 different US states in the past 6 years. I understand I’m an extreme edge case, but I’m a huge fan of renting apartments at this stage in my life.
Now maybe in this hypothetical society with better housing and whatnot, I wouldn’t have felt the need to hustle and grind and work my way up the corporate ladder and move around as much as I did… But for my situation, yea I like renting
If short term apartment ownership is unattractive because of the hassle of buying and selling, we should look to reduce that hassle, not replace ownership with a parasitic financial relationship.
It’s only a parasitic financial relationship when the rented property is on the hands of a private owner. We could totally have collectively/publicly owned housing rented at maintenance costs, which would 100% remove the exploitation and parasitism
How would you reduce the hassle of apartment ownership? I’m thinking of the issues of having to make a large financial investment, find an apartment you’re happy to do that for and finding a new buyer for that apartment when you want to move elsewhere in a reasonable time and for the right time. And then there’s the worry about renovations to the building and other such (sometimes sudden and unexpected) financial burdens.
With renting you can just rent for a while, not comnit to anything and even use that time to look for the apartment you want to actually own. And if they find out that the pipes are in much worse condition than assumed, you can just say sayonara and move to next place.
I don’t know. I don’t know much about apartment ownership, it’s not really an option where I live, so I don’t know much about the process.
Do I need to have a solution for improving a process in order to recognize that the process needs improvement though?
No thanks. I’ve lived in 6 different US states in the past 6 years. I understand I’m an extreme edge case, but I’m a huge fan of renting apartments at this stage in my life.
Now maybe in this hypothetical society with better housing and whatnot, I wouldn’t have felt the need to hustle and grind and work my way up the corporate ladder and move around as much as I did… But for my situation, yea I like renting