News for hackers. Stuff that matters.
Re:Mortgages are a manufactured product by fuzzer37 on Friday January 14, 2022 @03:54PM (#29940290)
> the rent will be stable, and it will mostly not go to do-nothing lanloards.

I see you've never rented before.

Re:Mortgages are a manufactured product by Ericson2314 on Friday January 14, 2022 @04:28PM (#29940686)
I am renting right now with a shitty do-nothing landlord, and in a dispute over maintainence --- the boiler is leaking and smoking up my apartment. I am under no such illusions.

Landlords maintain power through the restriction of supply. They don't need to actively do it, the single-family-home complex does it for them.

Land value tax (+ land use regulation reform) demolishes that. Appartment management, divorced from land speculation, will become the boring low-margin business it deserves to be.