The current level of ownership is an historical anomaly and it seems to be going down now but is it really something we should be glad is happening? I personally don't think so although I also understand that not everyone wants to own, everyone who wants to should be able to, even if it's just a small condo.
I like all the people on lemmy that just expect everyone to buy a house instead of renting.
Edit. I love how everyone hates me because I can't afford a house. Thumbs up lemmy
Buying a house is currently the backbone of middle class wealth.
If we want a society with a lot of renters and a strong middle class, then we will need to introduce strict rent controls.
Otherwise rent becomes a way for the owning class to exploit the working class.
Over the past 4 decades we have greatly loosened rent controls and promoted home ownership.
Either model can work, but most people seem to prefer owning their home rather than renting.
You can send me money for a down payment on a house at any time.
The current level of ownership is an historical anomaly and it seems to be going down now but is it really something we should be glad is happening? I personally don't think so although I also understand that not everyone wants to own, everyone who wants to should be able to, even if it's just a small condo.
How does the leather taste
I have no idea I can't afford leather, or a down payment on a house.