• Fraylor@lemm.ee
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    1 year ago

    It’s almost like this shit shouldn’t be an investment at all.

    • Cleverdawny@lemm.ee
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      1 year ago

      Someone needs to build and rehab rental houses and put up with tenants. No one is going to do that for free.

      • Fraylor@lemm.ee
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        1 year ago

        Doesn’t need to be free, it also doesn’t need to be profit either.

        • Cleverdawny@lemm.ee
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          1 year ago

          Without profit, you’re asking for them to sell their labor and expertise for free. Profit is the compensation people gain for the risk of making an investment, for the time and expense of doing what is necessary to manage and actualize that investment, and their expertise in knowing how to do so properly.

          • Fraylor@lemm.ee
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            1 year ago

            Well, expertise is a very, very generous term to use for landlords in any way, shape, or form. And let’s be real, for how much profit they make off of the labor of other people, them having to break a nail wouldn’t kill anybody.

      • Prandom_returns@lemm.ee
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        1 year ago
        1. The state
        2. The state.
        3. Not for free, but the state.

        Just like social housing. But for everyne.

        If you want to own a home, buy it from the state.

        If you can’t afford it, rent it from the state.

        If you want to buy it, but can’t afford it, do the bank thing, but with the state.

        • Cleverdawny@lemm.ee
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          1 year ago

          Yeah, uh huh, okay. So go do that if you really think you can come up with public housing that isn’t a fucking nightmare. And if you think you can get it passed. Until then, the rest of us have to live in the real world.

          • aesthelete@lemmy.world
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            1 year ago

            Yeah, uh huh, okay. So go do that if you really think you can come up with public housing that isn’t a fucking nightmare.

            The FHA is already involved with lots of real estate transactions. The VA already provides some of the best loans in the country to military personnel. Just because you cannot envision the state being involved in housing without it turning into housing testaments from USSR doesn’t mean it’s not possible.

            • Cleverdawny@lemm.ee
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              1 year ago

              Yep, and the great thing is that people have other choices, too. I’ve got no problem with FHA, VA, USDA loans.

            • Cleverdawny@lemm.ee
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              1 year ago

              You want the state to have a monopoly on rental housing and the sale of houses. That’s what I read.

              • Prandom_returns@lemm.ee
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                1 year ago

                That’s correct. How is this “social housing nightmare”? Instead of the bank owning your house, the state will.

                • Cleverdawny@lemm.ee
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                  1 year ago

                  Sounds awful. I don’t want ownership of my house to be exposed to malicious politicians and underfunded, incompetent bureaucrats following Byzantine regulations.