Ban landlording and put a high fucking tax on vacant homes. I’m talking 100,000 a year. Watch the price crash. People with mortgages will complain because they now have negative equity. I don’t care. Housing is a human right.
Can’t afford the fine? Don’t worry, your debt is forgiven if you give the government your house. Boom. Everyone with a little money gets to own a house, everyone else gets a government house.
Put a 5 year timer on the law so people know it’s coming.
In an ideal world, it would work, if the tenant has enough money ahead to do said repairs. If not, what will you do ? Ask the owner? He doesn’t have any money anymore, other than his own salary, which may also not be enough to pay for said repairs.
Rent isn’t just money lost, it is money that can be put asside in order to be used in the future to do those repairs.
How much money will be kept for that purpose depends on the landlord, which can be either a greedy cunt, a good guy, or anything in between), but that’s another topic.
Another use for rent money is to build new homes. Building new things costs money, be it for the material used or the workers involved, and you can’t just ask them to work for free.
In an ideal world, everyone would be kind enough to do the repairs in time. And give back the house in the same (if not better) shape than it was when you started renting it. But we are not in such world, and people, tenants as well as landlords, will think first about their own benefits before those of others they may never know.
I’d be happy to not ask a rent if my tenant would repair and improve the house with their own money. But who would want to upgrade or repair with his hard earned money a house they may move from some years later?
That’s kinda the main problem.
The tenant do not have much insentive to maintain the house in good shape, other than for it to be good enough to live in. Once they want to move, they will just expect any repairs or improvement to be done by the next tenant.
But if the house is in bad shape (it happened to me after my first tenant who basically wrecked my grandma old house), no tenant would want to live there knowing they will have to pay a lot of money upfront to get an acceptable place to live into.
That why it is logical for the owner/landlord to be the one to take care of all that.
They are the ones who have the most insentives at keeping the place in good shape and improve it.
And to do that, they need to earn enough money, which cannot be done alone by working himself, thus what tenant pays: a participation for future repairs and improvements, in the form of a rent.
Now you’ll always find greedy cunts amongs landlords, that considers the rent as their own pocket money. There are way to limit that kind of behaviour (rent limits, among others).
Add I didn’t even talk about how to actually build houses. Where would you find that money? The tenant obviously doesn’t have enough money, and so will the landowner without rent.
That’s because housing is only ever built so it can be sold to landlords to charge rent.
And the problem with that theory is, it’s wrong.
First, plenty of luxury housing is built to sell to rich people. The rich people move into the luxury housing, and sell their posh housing to well-to-do workers. They move into the posh housing and sell their nice housing to working professionals. Who sell their run-down housing to poor workers. Who will, under this system, either sell their crap housing to the destitute or just give it to the government to avoid the new taxes.
And second, housing is the government’s job to provide. Private capital should not be responsible for building the housing. Housing is a human right, so the govenment should be building it. We shouldn’t trust markets to distribute resources people need to live. Markets are okay for, like, video games and shit… but we shouldn’t trust markets with human rights.
Housing is a human right and should be free.
Ban landlording and put a high fucking tax on vacant homes. I’m talking 100,000 a year. Watch the price crash. People with mortgages will complain because they now have negative equity. I don’t care. Housing is a human right.
Can’t afford the fine? Don’t worry, your debt is forgiven if you give the government your house. Boom. Everyone with a little money gets to own a house, everyone else gets a government house.
Put a 5 year timer on the law so people know it’s coming.
I agree for the human right, but who will pay for the house repairs? With what money ?
The residents will take the money they would have spent paying rent, and spend it on repairs instead.
Think about it. If repairs cost more than rent, nobody would want to be a landlord! Landlords exist because repairs are cheaper than rent.
In an ideal world, it would work, if the tenant has enough money ahead to do said repairs. If not, what will you do ? Ask the owner? He doesn’t have any money anymore, other than his own salary, which may also not be enough to pay for said repairs.
Rent isn’t just money lost, it is money that can be put asside in order to be used in the future to do those repairs.
How much money will be kept for that purpose depends on the landlord, which can be either a greedy cunt, a good guy, or anything in between), but that’s another topic.
Another use for rent money is to build new homes. Building new things costs money, be it for the material used or the workers involved, and you can’t just ask them to work for free.
So you’re saying instead of saving our own money, we should trust a landlord to save our money for us, while skimming off the top?
That’s the worst trade deal in the history of trade deals. Maybe ever!
In an ideal world, everyone would be kind enough to do the repairs in time. And give back the house in the same (if not better) shape than it was when you started renting it. But we are not in such world, and people, tenants as well as landlords, will think first about their own benefits before those of others they may never know.
I’d be happy to not ask a rent if my tenant would repair and improve the house with their own money. But who would want to upgrade or repair with his hard earned money a house they may move from some years later?
That’s kinda the main problem. The tenant do not have much insentive to maintain the house in good shape, other than for it to be good enough to live in. Once they want to move, they will just expect any repairs or improvement to be done by the next tenant.
But if the house is in bad shape (it happened to me after my first tenant who basically wrecked my grandma old house), no tenant would want to live there knowing they will have to pay a lot of money upfront to get an acceptable place to live into.
That why it is logical for the owner/landlord to be the one to take care of all that.
They are the ones who have the most insentives at keeping the place in good shape and improve it.
And to do that, they need to earn enough money, which cannot be done alone by working himself, thus what tenant pays: a participation for future repairs and improvements, in the form of a rent.
Now you’ll always find greedy cunts amongs landlords, that considers the rent as their own pocket money. There are way to limit that kind of behaviour (rent limits, among others).
Add I didn’t even talk about how to actually build houses. Where would you find that money? The tenant obviously doesn’t have enough money, and so will the landowner without rent.
In your plan, no new housing on spec to sell would be built. Great solution.
That’s because housing is only ever built so it can be sold to landlords to charge rent.
And the problem with that theory is, it’s wrong.
First, plenty of luxury housing is built to sell to rich people. The rich people move into the luxury housing, and sell their posh housing to well-to-do workers. They move into the posh housing and sell their nice housing to working professionals. Who sell their run-down housing to poor workers. Who will, under this system, either sell their crap housing to the destitute or just give it to the government to avoid the new taxes.
And second, housing is the government’s job to provide. Private capital should not be responsible for building the housing. Housing is a human right, so the govenment should be building it. We shouldn’t trust markets to distribute resources people need to live. Markets are okay for, like, video games and shit… but we shouldn’t trust markets with human rights.
Would be nice but I doubt it’s going to happen