fiddlewheelx
489
24
7
Sep 8, 2026 6:05 AM
fiddlewheelx
489
24
7
TheDefective
TheDefective
TheDefective
amoth
my penis is stuck in a tree
spontaneous9
there are certain advantages to being prehensile
Targe0
There is a need for rentals, but no one should be allowed to own more than a single rental property.
The real issues in the system exist when people can legally own 20 - 100 rental properties.
Because that allows only a small number of Landlords to control an entire states rental market prices.
And that's why it becomes so fucked, because there's no viable competition.
fiddlewheelx
Aka scalping.
I know it isn't the perfect 1 to 1 description, but we need snappy expressions to get people to think differently.
Targe0
Closer to Price fixing than scalping.
So they are more Ticket master.
As they have taken over the system in such a way as to leave no room for anyone but Government actions able to displace them.
fiddlewheelx
Sure, but scalping is a word that causes a knee jerk reaction that will piss off angry people who don't like the finer details
Targe0
So is calling them Ticket Master at this point.
Or just calling them Land lords, as there's not much love for them from the start.
MattScifiBandit
I don't think anyone should have a a house they use to rent out. Especially since shelter is a necessity for life and people literally die without it
Targe0
It's needed though, because not everyone wants to own a house but can be in a position where they need to live in one for awhile.
For example say someone is backpacking around a country not their own, and they choose to stay in a city for 6 months to 1 year. They aren't going to buy a house, but renting one is a good option. And another example many collage students will rent a house while away from home. There's many reasons to need rentals, especially earlier in life.
MattScifiBandit
There are many solutions to those scenarios that don't involve the public turning a necessity for life into a profit
Targe0
There's always a need for it to be profitable though.
Because it takes a good amount of money to maintain a property. So even if you did social housing, it still ends up being a for profit system, you are just obfuscating it through taxes. And while the payments will be smaller, the time frame you make them is much longer and end up costing more depending on how long you stay renting. Rentals were never the problem, someone being able to own an entire street and thus control the whole areas ->
Targe0
rental market prices is the problem.
Because with healthy composition in the rental market, it actual drives prices down.
The issue is, the rental market hasn't been healthy in years because there's no restrictions on how many houses people can own. And after the GFC people were able to buy up dozens of properties at a time. And that broke the system fully and housing construction had also slowed down drastically in that time, which limited the new supply entering the market. Both drove up rents