• BedSharkPal@lemmy.ca
    link
    fedilink
    English
    arrow-up
    1
    ·
    1 year ago

    The VAST majority would rather buy a house. The idea that landlords are helping our people who would like to rent a home is tone deaf given the current state of affairs. I would wager 1% or less would rather rent a home vs buy if they had the option - for what I thought were very obvious reasons.

    They aren’t “providing a home to rent”. They removed a home for sale from the market, making buying a new home more expensive, and then rent at a rate that makes you money. So you’re simply adding a middleman to pay. Rents are set based off the sale prices, as sale prices go up, rental prices go up, because that’s the alternative.

    Hey, if landlords are creating purpose built rentals, great. But buying up SFH and renting them out as an investment? You’re a parasite.

    • karlhungus@lemmy.ca
      link
      fedilink
      English
      arrow-up
      1
      ·
      1 year ago

      I’m not a landlord. Ive rented in the past. Ive definitely preferred renting in the past. I don’t view owning a home as an investment, because even if I sell I very likely have to buy in the same market.

      I’m not a parasite by your definition.

      Maybe since we’ve both provided zero data to back up these speculations we both don’t really know. I’m really not going to go do research.