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[-] AdmiralShat@programming.dev 99 points 11 months ago

The issue is that all of those apartments are owned by one person getting filthy fucking rich from rent.

[-] 5714@lemmy.dbzer0.com 24 points 11 months ago

Then organise the renters, let them buy the house to transform it into syndicate or cooperative housing. Social apartment construction isn't impossible.

[-] AdmiralShat@programming.dev 14 points 11 months ago* (last edited 11 months ago)

The issue here is, in my country at least, the people who could possibly afford to buy one aren't wanting to live in an apartment and the people who live in apartments aren't capable of buying one.

It's not impossible, but it's also very unlikely

[-] Cryophilia@lemmy.world -1 points 11 months ago

It's the only option though. Bulldozing nature to build more cheap low density housing is not a viable plan.

[-] AdmiralShat@programming.dev 4 points 11 months ago

If it were the only option, it would be happening more.

Just because the other options are bad doesn't mean very much. They're still happening.

[-] Cryophilia@lemmy.world -1 points 11 months ago

It's literally banned in most of the US, that's why it's not happening more.

[-] JulyTheMonth@lemmy.ml 8 points 11 months ago

Not necessarily i don't know about the situation all arouns the world but in atleast the herman speaking countries we have the concept to buy flats like one would buy a house and own it. So not all of it is owned by the same person. You still have the house maintainer which looks after the infrastructure but afaik you don't pay them rent.

[-] Nerd02@lemmy.basedcount.com 9 points 11 months ago

Yeah I'd say it's pretty normal all over Europe, it might just be a common case of Americans being weird.

The type of arrangement I'm used to, property of the building is shared among the owners of the flats, who vote on how to run it in an assembly. They also appoint (and pay for) the maintainer you spoke of, but their role is more centered on overseeing/administering the building, handling paperwork, hiring contractors and such. Also, even for very large flats you end up paying a couple hundred euros a year for their services, so it hardly compares to rent.

[-] Tavarin@lemmy.ca 2 points 11 months ago

Canadian condos are like that, generally individually owned and there's a condo board made up of residents that deals with management of the building. I don't know of many buildings that are mostly owned by corporations in Toronto.

[-] Riven@lemmy.dbzer0.com 2 points 11 months ago

We have em in the US too. They're called HOA's. Most get a bad wrap for being ran by shitty people/busybodies with nothing to do but fine other homeowners. All condos have em here.

The problem, in the US, with the picture is that a condo would cost you pretty much the same as a house with a yard so why opt for the condo at all. If they were cheaper I would own one to live in now VS just trying to save to buy a house since they're all expensive.

[-] Cryophilia@lemmy.world 3 points 11 months ago

More supply would fix that.

[-] MystikIncarnate@lemmy.ca 7 points 11 months ago* (last edited 11 months ago)

Right? And the only thing adjacent to an apartment that you can own is a condo, which you still have to pay rent for, plus buy the damn thing, and on top of it all, you get to be forced into an HOA.

Woo.

[-] Jake_Farm@sopuli.xyz 2 points 11 months ago

And fuck HOAs. Fucking little tyrants designed to enforce racial segregation.

[-] toiletobserver@lemmy.world 5 points 11 months ago

While of course fuck hoas, they do serve a legit purpose for maintaining the building at a steady cost if managed properly.

[-] Jake_Farm@sopuli.xyz 3 points 11 months ago

The US needs to reign them in. They arent nearly as powerful in Europe.

[-] Cryophilia@lemmy.world 4 points 11 months ago

They need regulation badly. Petty tyrants living off the fat of the housing crisis. They're like employers during times of high unemployment.

[-] menemen@lemmy.world 4 points 11 months ago

Maybe in the US. In Germany this defintly isn't the rule. Many people own their own flats and a lot of people own 2-4 flats to rent them out as an extra income.

[-] akulium@feddit.de 0 points 11 months ago* (last edited 11 months ago)

No, maybe you are in a more wealthy environment. It is not possible that everyone has multiple flats to rent out. In fact, Germany has one of the lowest ownership rates.

https://en.m.wikipedia.org/wiki/List_of_countries_by_home_ownership_rate

[-] menemen@lemmy.world 4 points 11 months ago* (last edited 11 months ago)

Where did I say "everyone"?

But it is defintly not a given that an apartment has to be the tool of a slum lord, the way they portrayed it to discredit the idea that appatments are a more sustainable way of living...

Apartments can be owned by the people who live in it and this is quite common in many countries.

[-] akulium@feddit.de 1 points 11 months ago* (last edited 11 months ago)

If one person rents out 4 appartments, that means that at least 4 others do not own their home. It's the same with houses of course.

Germany is just a particularly bad example unfortunately. Low ownership is a problem because it increases wealth inequality, which is also worse in Germany than many other nations.

[-] menemen@lemmy.world 1 points 11 months ago

Low ownership is a problem because it increases wealth inequality

True, but even here their statement that "all of those apartments are owned by one person" is far from a given. Especially with new developments this is rarely the case, even here.

this post was submitted on 06 Sep 2023
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