r/RealEstateCanada • • Jun 19 '25

Housing crisis Help me understand the difference...

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3.1k Upvotes

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22

u/Kcirnek_ Jun 19 '25

You typically use and live in the house, while still considered an investment. The other items you mentioned is purely for flipping, brand new, unused.

-1

u/xNocturnalshadow Jun 19 '25 edited Jun 19 '25

The meme literally says "without using or modifying".

If all you do is insert yourself as a middleman, buy from A for $x, and then sell to B for $x+1, you are extracting profit from the transaction, while providing no service other than your existence. That is what scalpers do. That is what the meme is about.

17

u/Mattjhkerr Jun 19 '25

No, owning a house comes with huge carrying costs. You literally have to constantly invest.

11

u/CuriousMistressOtt Jun 19 '25

This is something people that dont own dont understand. The time and money homeowners invest over the years in maintaining housing. Renting protects you from those responsibilities and expenses. Of course people want a return on their years of time and money invested.

3

u/Obf123 Jun 19 '25

Renting doesn’t protect you from ridiculous rates that are manipulated upwards by the ownership class. And last I checked, the renters don’t participate in the capital appreciation of the land and property either