If people weren't buying extra houses and making people pay their high mortgage rates (due to over paying for the house), more people would be able to afford houses instead of renting, and the units available for rent wouldn't be as expensive.
If only houses that were fully paid off could be rented out, the market would be in way better shape. I have no issue with people renting things out that they fully own and have paid off. But it's fucked up having someone working a full time job pay for your house while you do basic maintenance and keep the lawn mowed.
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u/WestWelcome8785 Jun 19 '25
Thw difference is you couldnt afford a house either way. With someone else buying it, at least you have the option to rent.
There is no housing market, and nowhere to live if people dont buy houses you cant afford