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Do you think we will ever have affordable housing again in our lifetime? (lemmy.world)

submitted 1 year ago by filister@lemmy.world to c/asklemmy@lemmy.world

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Considering how crazy expensive accommodations have become the last couple of years, concentrated in the hands of greedy corporations, landlords and how little politicians seem to care about this problem, do you think we will ever experience a real estate market crash that would bring those exorbitant prices back to Earth?

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[-] treadful@lemmy.zip 0 points 1 year ago

Is it less complicated? With renting you still have leases, weird rules, lack of control, rent/fee increases, creepy landlords, and the futility of trying to get security deposits back. Less paperwork, maybe. And it is kind of expensive to buy/sell if you plan on moving often.

Renting made sense for me basically when I either didn't expect to stay long, or before I could afford to own.

[-] FlashMobOfOne@lemmy.world 2 points 1 year ago

I think it's way less complicated.

I paid my rent and in return I got peace. I didn't have to worry a sudden plumbing or heating bill. I didn't have to furnish a house-sized space. It was just an easy life, but the only way I could guarantee that I'll be able to stay where I want to be was buy purchasing, so here we are.

this post was submitted on 21 Aug 2023

461 points (96.8% liked)

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