It’s still super fucked up that you’re basically gifting some other person a sizeable chunk of your income just because they were able to put up a down payment and secure a mortgage. Landlords are rentseeking middlemen leaches that should not exist even by capitalist standards, see Adam Smith.
I think that’s only on few selected places.
I live in capital metropol area in decent location and can afford ~100m² rental apartment while working office hours on low end wages.
No housing crisis here.
It’s still super fucked up that you’re basically gifting some other person a sizeable chunk of your income just because they were able to put up a down payment and secure a mortgage. Landlords are rentseeking middlemen leaches that should not exist even by capitalist standards, see Adam Smith.
Why?
My rent is lower than mortage installments and upkeep costs of smaller apartment.
If I need to relocate, I can do it quite fast, like within a month if needed and no need to sell or buy.