I’m fine with renting as it spares me all the hassle that comes with owning. I live in Germany where renting is heavily regulated and it works so good that nearly 60% of the people over here never own any of the flats or houses they happily live in.
Ten should be the max number as that represents an average apartment house over here.
Yeah, but you could rent from the government instead of private owners. You have completely no leverage over them, and government could use the rent money to build more housing for renting or sale and drive prices of housing down instead.
I’m all in with your suggestion and want to point to housing cooperatives which are nonprofit by default and make the members co-owners of the complete stock of housing the cooperative is owning and managing.
Over here in Hamburg cooperatives handle about 20% of all housing dampening prices in general as they rent noticeably cheaper than owners who want to turn a profit (in Germany rents are bound to certain maximum levels defined by the market in the city).
Vienna has even more housing in the hands of cooperatives which definitely helps with housing and prices.
I have more leverage over civilians than I’ll have over any government agency, ever.
