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Re:JPMorgan to spend $1B on rental homes in the US to become... by geoduck14 on Saturday December 31, 2022 @10:08AM (#34197063)
>Homes need to stop being seen as an investment, but rather a consumption, much like a car or other goods.

I'm a little skeptical that homes being disposable is a good idea.

Re:JPMorgan to spend $1B on rental homes in the US to become... by BenFranklin100 on Saturday December 31, 2022 @10:14AM (#34197112)
Who said anything about disposable? In fact, they could make attractive rental investments maintained and held over decades if not a century. See Vienna’s social or privately owned housing that is rented out.

Housing simply should not be seen as the primary personal investment vehicle for the average person.

Re:JPMorgan to spend $1B on rental homes in the US to become... by gtirloni on Saturday December 31, 2022 @10:14AM (#34197113)
By their own nature, they will never be disposable in the original sense of that word.
Re:JPMorgan to spend $1B on rental homes in the US to become... by geocon on Saturday December 31, 2022 @11:43AM (#34198122)
"Consumption" doesn't mean disposable, it means homes should be used to be used to fulfill needs and desires, and not used to increase wealth (as an investment good).

Easiest way to do that is a land value tax; the home itself is not what is appreciating in value anyways, the land is what is appreciating.

Re:JPMorgan to spend $1B on rental homes in the US to become... by postalrat on Saturday December 31, 2022 @12:03PM (#34198323)
So instead of private megalandlords you want government gigalandlords.
Re:JPMorgan to spend $1B on rental homes in the US to become... by geocon on Saturday December 31, 2022 @12:06PM (#34198362)
Please, taxing something doesn't mean the government owns it. Does the government own someone's home because they have to pay property taxes to the city for paving the streets and running the garbage service?
Re:JPMorgan to spend $1B on rental homes in the US to become... by postalrat on Saturday December 31, 2022 @12:31PM (#34198581)
They are collecting rent as taxes and if you don't pay the rent they kick you out. I'd say they own it.

The homeowner just owns the liabilities.

Re:JPMorgan to spend $1B on rental homes in the US to become... by geocon on Saturday December 31, 2022 @12:39PM (#34198662)
Do you think the government owns you too, since they take a portion of the proceeds of your work and will put you in jail if you don't pay it?
Re:JPMorgan to spend $1B on rental homes in the US to become... by postalrat on Saturday December 31, 2022 @01:58PM (#34199524)
Nope
Re:JPMorgan to spend $1B on rental homes in the US to become... by itsyaboi on Saturday December 31, 2022 @02:04PM (#34199583)
Good point. At the end of the day, men with guns will come and put you in a cage if you disobey. Drafts are pretty nightmarish too, if you think about it.