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[-] Apollo42@lemmy.world 0 points 7 months ago

Housing should be socialised, with any profits being put back into expanding housing stock.

[-] teejay@lemmy.world 1 points 7 months ago* (last edited 7 months ago)

Whose profits? See my post above:

profit for who? Was the bank allowed to make a profit on the home loan? Was the insurance company allowed to make a profit on the policy? Could the maintenance and repair folks earn a profit on their services? Could the home remodeling companies make a profit if the home needed updating? Or is every person and entity involved in home ownership allowed to profit from the rental except the landlord?

If your answer is "anyone and any entity making a profit", then that's about two or three dozen different industries (including banks, insurance agencies, title companies, all kinds of home builders, repair folks, etc.). Regardless of my opinion on that argument, your problem isn't with the landlord, it's with a huge swatch of industries who are all tied to and profit from renting.

[-] archomrade@midwest.social 0 points 7 months ago

including banks, insurance agencies, title companies, all kinds of home builders, repair folks

It's only the profit derived from ownership that's of concern here, none of these other industries (aside from the bank, arguably) apply to the critique.

this post was submitted on 22 Apr 2024
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