Yay? Maybe then it could be sold to people who are desperate to get off of the rental merry-go-round.
As in, these homes will be owned by people who actually live in them; non-parasites who aren’t going to be sucking the lifeblood out of hard-working, working-class Americans.
And maybe instead of being landlords, these parasites could actually go out and get a job?
Sounds like we don't only need to cap increases at 3%. We also need to give loan assistance programs so the people currently living there can capitalize on the sudden availability. Otherwise, you get into the situation of "I'm spending $2000 on rent now, the mortgage + escrow payment on the same property would be $1500, but the bank says I don't qualify".
If you can't buy it while renting today, you won't be able to buy it tomorrow when your landlord sells it. The house will be bought by a corporate investor and you'll get fucked. Just like it's happening in the UK right now. Prepare for mass homelessness.
Yay? Maybe then it could be sold to people who are desperate to get off of the rental merry-go-round.
As in, these homes will be owned by people who actually live in them; non-parasites who aren’t going to be sucking the lifeblood out of hard-working, working-class Americans.
And maybe instead of being landlords, these parasites could actually go out and get a job?
Sounds like we don't only need to cap increases at 3%. We also need to give loan assistance programs so the people currently living there can capitalize on the sudden availability. Otherwise, you get into the situation of "I'm spending $2000 on rent now, the mortgage + escrow payment on the same property would be $1500, but the bank says I don't qualify".
If you can't buy it while renting today, you won't be able to buy it tomorrow when your landlord sells it. The house will be bought by a corporate investor and you'll get fucked. Just like it's happening in the UK right now. Prepare for mass homelessness.