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Joined 1 year ago
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Cake day: July 6th, 2023

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  • Insurance exists for a reason, loans exist for a reason, and the difficulty in selling a home is artificial because it’s treated like an investment that appreciates instead of a commodity that depreciates like it actually is.

    Landlords buy bad appliances all the time, they are incentivized to, the cheaper the better because they don’t have to live with the consequences except for repairing it when it breaks.

    In exchange for not owning anything in the place you live and having a fundamentally worse experience for it you get to pay someone else their mortgage AND their repair fund. You don’t take that into account. Renters pay for everything, we just pay it every month instead of in lump sum hits like an appliance dying.

    Landlords do not provide a service, at best they provide living mobility which could be improved drastically if housing wasn’t treated like a private investment but instead a public service - so what little service they do provide is artificial.