this post was submitted on 21 Oct 2025
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[–] Octavio@lemmy.world 32 points 4 days ago (4 children)

You know how California got sick of greedy companies ripping off people for insulin so now they're going to sell insulin themselves at a reasonable price? Yeah, they should do that with apartments.

[–] PeacefulForest@lemmy.world 17 points 4 days ago* (last edited 4 days ago) (14 children)

California’s housing would be much less of an issue if the high speed rail was built

[–] Octavio@lemmy.world 6 points 4 days ago (1 children)

High speed rail such a great way to travel medium distances anyway it’s downright criminal the US hasn’t figured it out yet.

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[–] SippyCup@lemmy.ml 10 points 3 days ago (2 children)

This literally happens in some areas outside the US. I can't remember if it's NotJustBikes or HappyTowns that talks about it on YouTube. But basically, the government offers affordable housing to force landlords to compete on quality and price. Shockingly in those areas rents are down and the quality of apartments is decent.

[–] Swedneck@discuss.tchncs.de 1 points 1 day ago* (last edited 1 day ago)

It's fairly standard for each municipality here in sweden to own a landlord company that has some small fraction of the local housing supply and is explicitly for the public good.
I've lived in such housing basically my entire life and it's so hilariously superior to anything else that if they removed the arbitrary limit on how much housing they can own, the municipal landlords would utterly dominate and the total spending on housing would probably drop by 50%..

[–] lemonwood@lemmy.ml 7 points 3 days ago

Vienna, Austria is a classic example. Don't know about the current situation, though.

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[–] Olgratin_Magmatoe@slrpnk.net 11 points 3 days ago (1 children)

Reality is worse than this picture though. The landlords are contributing to all thkse knives and grenades, intentionally.

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[–] lemonwood@lemmy.ml 11 points 3 days ago

Smith goes into great detail in "The wealth of Nations" about how landlords are parasites. He explains why theoretically and empirically and gives specific examples. He lacked an understanding of historical materialism, so he wrongly thought capitalism would naturally get rid of them.

[–] huquad@lemmy.ml 68 points 5 days ago (16 children)

I've seen a recent finance bro fad saying renting and investing is better than owning. My brother in Christ my rent was much higher than my mortgage for a shittier spot and I didn't get equity.

[–] The_v@lemmy.world 27 points 5 days ago

During the last housing bubble, you could rent the same place for less than 1/2 the cost of buying it. Renting and investing made more sense then.

Currently buying a house is overpriced but rent is even more so.

The best financial decision right now is to live with your parents your entire life. If you don't have a parent you can stay with, then a tent and cardboard boxes in the park it is.

[–] Sirence@feddit.org 28 points 5 days ago

It really depends on the circumstances. For me personally renting and investing is indeed better - but my rent is 500 Eur per month for 100m² cold and I can't finance a similar sized house for that here. Everyone needs to do their own math for their situation.

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[–] kingofthezyx@lemmy.zip 48 points 5 days ago (1 children)

I think it would work better if the weapons were firing at the sleeping kid directly from the soldier

[–] balance8873@lemmy.myserv.one 23 points 4 days ago (2 children)
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[–] ZILtoid1991@lemmy.world 19 points 4 days ago (1 children)

That picture is incorrect.

The landlord isn't pictured inside a Porsche SUV.

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[–] hansolo@lemmy.today 36 points 5 days ago (4 children)

I once rented a house from friends that were out of the country. We paid exactly their mortgage payment (plus utils and I did and paid for handyman level stuff, they covered big stuff), which was $600 a month less than the market rate for places a step down in quality.

Once we left I told them to increase the rent by $200 for higher insurance and a real handyman and whatever else and it's still a huge favor to anyone they get by word of mouth only. The next couple thought they had won the lottery scoring a place for almost $5000 a year less than the rest of the area.

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[–] notarobot@lemmy.zip 6 points 3 days ago

I had a contract with yearly price adjustment that lasted 3 years. We updated the price on January and in February there was A LOT of inflation in my country so I did get "cheap" rent for that year. When the end of year was approaching we made the math and the new total was outside what we could realistically pay so we ended the contract (paying the respective fees) and she tried to guilt trip us saying how much she had LOST because we adjusted on January.

Good luck with that. I'm not feeling sorry for someone who sits on her ass all day and expects money to just show up on her account. She didn't even fix shit that was going to cause permanent structural damage to the house

[–] stevedice@sh.itjust.works 11 points 4 days ago (6 children)

Rant incoming. I'm trying to rent a apartment that is less than 1/4th of my salary but I might not get it because the landlord is too stupid to understand 80% of my salary is stocks so they won't show up on a paystub. This is the people that love to label themselves as savvy investors. God damn it. Rant over.

why don't you just buy a house?

My president just consolidated the three branches into one so I'm holding up in case I have to flee.

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[–] melonhusk@sh.itjust.works 3 points 3 days ago

yeah, 'protecting' us from the very financial strain they create. truly the unsung heroes of our generation. what noble sacrifice.

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