Does having an AirBNB setup make someone deserving of the guillotine or does that only apply to owners of multiple houses? What about apartments?
Please explain your reasoning as well.
Does having an AirBNB setup make someone deserving of the guillotine or does that only apply to owners of multiple houses? What about apartments?
Please explain your reasoning as well.
I agree with your points but I’m curious what your solution is to single family homes that are being rented out? The obvious one is everyone who wants to buy a place is able to, but not everyone wants to buy yet (younger people, people who want flexibility, people who know they are moving [only in that city for school], etc). Having some corporation own everything is also obviously the worst option, but that only really leaves the government and the mom and pop operations (that is people who own 1 place and buy another to rent it out). Should all single family homes be run as co-ops? Torn down and rental apartments built instead?
Again, I agree that single entities owning multiple rental places is a bad thing, but there doesn’t seem an obvious replacement. So I am genuinely curious as what can be done?
Co-op housing are not all rental apartments. They come as single family dwellings, town houses, apartments, everything in between. It’s about how they’re used and regulated for the communities and individuals sake instead of an investor. You could find an appropriate housing style for all walks of life within co-ops, even those more private and secluded types.
People don’t want to buy a house because it’s either unaffordable, unavailable or the process takes too long. If you eliminate those aspects of home ownership, people wouldn’t mind and maybe even prefer owning a home for short periods of time.