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Are ‘mom-and-pop’ investors pricing out first-time homebuyers?
(globalnews.ca)
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Why the arbitrary distinction? What's so special about the number 1 here?
There are two solutions.
Both provide people the ability to have homes without direct ownership nor dealing with the hassle of ownership nor the uncertainty of renting.
It has the benefits of owning. Control over rent prices, ability of modifying living space (including putting up pictures) and benefits of renting (allowing easy relocation, delegate maintenance responsibility).
Housing cooperatives and CLTs have the benefits of both without the drawbacks of either. It also treats housing as a human right as opposed to an "investment".
There are housing cooperatives for students, the most temporary population and the least wanting to maintain a property.
https://www.nasco.coop/
You can be a part of this movement too by donating or investing in such projects. I urge you to do so.
They work, and work well. There just needs be mass injection of funds into them.
It is most certainly the government's business providing housing for its citizens. Like we did, the state- and thereby the people (who own the fucking state), collectively owned like half of all homes in the country. Rent was dirt cheap, anything belonging to the apartment or house was the responsibility of the landlord (a communal entity) to maintain on their own buck, everyone could easily get a home, and it was considered one of the social wonders of the world.
Then the capitalists bought their way into government, sold it all, and now we have a "housing crisis".
Conservatives- they sure know how to create a good life for everyone.