• 0 Posts
  • 5 Comments
Joined 1 year ago
cake
Cake day: September 29th, 2023

help-circle

  • Landlords take on risk. For example, when I rented an apartment, I came home one day to a plumbing disaster. I called emergency maintenance and left. The landlord fixed it and paid for my hotel in the meantime. As a home owner now, that would be entirely on me to figure out. I’m pretty handy, but I have no disrespect for someone who doesn’t want to be responsible for that.

    More importantly, selling a house costs about 10% of the value of the house, and the first few years of a mortgage you’re mostly paying interest. If you move every 3 years, it’s actually cheaper to rent than to buy. It’s just that your money is going to a landlord instead of to banks and realtors.

    So while I see your argument that landlords don’t “deserve” the money they make, practically they’re an important part of the housing market, and I respect people who make an informed decision to rent.


  • But the stadium will bring so much economic benefit to the city! Well get at least 4 new fast food restaurants hiring only minimum wage workers, and a small boost in hotel revenue!

    Transit won’t bring any return on investment. Only poor people use transit and they don’t have any money. And if someone who has a car does use transit that’s hurting the economy! Think of the poor gas station owners and car dealers!

    /S /S /S /S /S