A Boring Dystopia

Where did this post say renting shouldn't be allowed?

Maniacal is a strong word but the lemmy community does seem to have a particular bent to it.

Congratulations on renting out of choice. That's a choice most renters never have.

It is an investment, not a job. All investments generally exploit others (by "stealing" surplus value). Stuff like maintenance and even management of properties are jobs, but they don't require ownership of the property (in which case, some of the value of their labor is being stolen, assuming the landlord is making a profit/building equity in excess of rent).

Alternatives could be public housing, some type of housing cooperatives where tenants build equity which can be redeemed when they move, and probably many other systems I am unaware of.

HOUSES SHOULD NOT BE INVESTMENTS. They are an essential need and we have many people with no homes.

The alternative is stop treating them like investments. An owner should live in the house for some reasonable portion of the year. Crucially, this means corporations wouldn't be able to purchase homes. If you do that, housing prices would stabilize to much more reasonable, attainable levels.

If people weren't allowed to own property in absentia, then real estate prices would stabilise at a much lower level. As it is, this arrangement allows speculation which creates an unlimited market size. Some of the highest priced real estate in the world sits entirely empty for exactly this reason.

Without that the only people trying to buy housing would be residents, and at the point where everybody would be housed, housing prices would presumably be extremely low.

As for temporary, emergency or other unusual housing arrangements, non-profit organisations or cooperative systems could exist, and without property prices to protect everyone could be housed.

And because someone will always bring this up: going on holiday doesn't mean you're not using your house. Most of your shit is still in there. That's a facile argument that vanishes the moment you give it even the most cursory critical thought.

That said, this entire thing is unlikely to change in a world where the wealthy decide our policy. Landlording will probably be with us until we can find a way to abolish the market form entirely.

Put a limit on how many single family homes anyone can own. Especially corporations. They should honestly be banned from owning these homes at all. The housing market will adjust naturally without all these shitty big companies scooping up homes and making them inaccessible to buyers.

Individuals should also be limited on how many homes they can own if anything to prevent corporations from exploiting loopholes and having individual people "own" them instead. But also because it's just morally wrong to hoard property in the first place. I pay more in rent than I would on a mortgage but I can't afford the down payment for the very few homes that are even available within a reasonable distance from my job. Even if I could so many companies smatch them up over the asking price so people don't have a chance.

People like me that could financially afford the payments on their own homes are blocked by bullshit that was created solely to keep them perpetually renting. It's wrong. I shouldn't have to move to a whole new state or two hours away from my job because the same big company has bought up every house here. Not to mention a bunch of them recently got busted for illegally controlling the rent prices across multiple companies/properties using some kind of third party algorithm.

I don't think anyone should have to give up their property for free but if we're paying someone else's mortgage we should be getting more than a roof over our head.