this post was submitted on 31 Jan 2024
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Companies should not own houses. Residents of houses should own their own houses.
Nobody should own someone else's house. A roof over one's head is a basic human right. Not an extortionate investment.
The problem with companies owning hundreds of houses is that they hire property management companies to manage these houses that were built by the lowest bidders and everybody blames each other when something needs to be maintained and the maintenance never gets done and the people living in the houses suffer because they are paying their hard-earned money to these companies while their shoddily-built houses are falling apart.
remember there are real actual humans hiding behind the facade of these corporations, greedy extortionate millionaires & billionaires thriving on exponential dollars from poor people's paychecks, and this needs to be stopped.
But what about apartments?
Those should be co-ops/non market housing.
And if the incentives for new co-ops to be made isn't enough, it's time for the government to finance/build/zone for new ones. If the government just fucking spams medium and high density housing in the form of co-ops, bans corps from owning housing, bans AirBnB, etc, it would very quickly fix the housing crisis.