I agree, but limiting rights is not a good way to approach the issue. Raising taxation on 2+ properties is much better. And perhaps there are even better approaches, but an not an economist.
I agree, but limiting rights is not a good way to approach the issue. Raising taxation on 2+ properties is much better. And perhaps there are even better approaches, but an not an economist.
So disallowing renting. So you don’t control your property, which means you don’t own it but lease it.
This is problematic, since not being able to open your house is worse than having difficulties with obtaining it. I agree that generally having some people own a lot of housing units is bad, but not being able to own a house means communism. And not as a scare, but quite literally, as in definition.
Let’s say the mortgage is payed. Then the rent pays whatever the landlord decides to do with that money. Like literally any other transaction.
That’s some alternative reality, you’re talking about. My government does try, and succeeds in bleeding every last penny that I earn.
Seems like that absolute lot here are just American Vs British pronunciation, and for me, who learned the British version make 0 sense.
If nothing is different, why bother changing?
How did you come to this conclusion? If someone is renting it means they they can’t pay for mortgage. Otherwise they would’ve done so. He said, that he needed to make a 20% payment to even get the mortgage. Idk how much money that was for him, but where I live that would be around 130k$. Clearly not everyone has that kind of cash.
And what’s your solution? Disallow renting properties for which mortgage wasn’t posted in full?
No one is paying for his mortgage. Someone is paying for a rent. If you think this is bad, then rent should be outlawed.
What about multiple of anything? How about 2 cars? After all, each car takes limited parking space and adds to traffic problems. How about eating more calories than one needs to live? Should we review all existing items that one can buy?