1063
submitted 10 months ago by Grayox@lemmy.ml to c/memes@lemmy.ml
you are viewing a single comment's thread
view the rest of the comments
[-] eclectic_electron@sh.itjust.works 2 points 10 months ago

I'd be willing to bet you bought at least a few years ago, and probably couldn't afford the house you're in now if you had to buy it today. I'm in a similar spot. It definitely feels wrong. The rapid increase in prices in the housing market in the past few years is ridiculous. I think it's a lot more complicated than "landlords" though. I think a lot of the issue stems from restrictive zoning that prevents the construction of small homes in dense neighborhoods. A lack of respect for trade jobs also contributes, with massive shortages of skilled construction workers driving prices up.

Granted, I live in a relatively affordable smaller city. If I were in a city with a lot of real estate speculation like LA or Toronto I might feel differently. But speculators aren't landlords. I have a much bigger beef with a speculator who let's a house sit empty than a landlord renting out apartments.

this post was submitted on 23 Dec 2023
1063 points (91.7% liked)

Memes

45530 readers
1798 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS