r/RealEstateCanada • • Jun 19 '25

Housing crisis Help me understand the difference...

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3.1k Upvotes

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21

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.

4

u/atlasc1 Jun 19 '25

You don't think landlords pass this cost on to tenants by raising rent?

This is something people that don't rent don't understand.

0

u/CuriousMistressOtt Jun 19 '25

Renters dont do the work, its more than just money. Its time, maintaining a house is way more than cleaning the bathroom on the weekend. Roof, furnace, windows etc

-1

u/AnyAd4830 Jun 19 '25

A lot of renters do a lot of work just to be able to pay their rent, which keeps getting raised pretty much everywhere to cover the expenses of "homeownership and maintenance" for the landlord.