- Let's say someone just HAS to get out of a bad living situation and needs somewhere to go within a week or 2. Without renting, would these people just have to buy a house?
- What about someone just starting out like me? I can't imagine owning a house at this point in my life.
- What about people who just don't want to own a house no matter what stage of life they're in? What about those who just want a smaller space?
- If there are no landlords, you would own the house/apartment, meaning YOU are responsible for all the maintenance it might need. I fucking love the luxury of texting my landlords and they either fix the issue or have someone else fix it, although I only see my 2 landlords fix issues. I don't want to spend my time off going to the store or calling a contractor to come out and fix my issues, I'd rather go to work and have the issue fixed by the time I come home. It's like leasing vs buying a car IMO. Some people just want a new car every 3 years to not fuck with maintenance. I'd rather rent and not fuck around with paying property taxes, school taxes, maintenance, maintenance time, and other expenses.
- How would renting work without landlords if you WANT to rent and NOT own?
By the way, this is ALL pertaining to an apartment complex, or a historic downtown with apartments over stores, or multifamily homes near the city/village. Single-family homes are another story. Yes, I have an issue with large companies buying up all the residences in a neighborhood and renting them out and way outcompeting a local family that just wants to build their nest egg. I have no problem with a local landlord that owns a few multifamily homes and/or a few small apartment buildings and/or a couple of single-family homes in one or a few towns in the area and puts them on the market, some luxury, some not luxury.
Perhaps someone can answer these questions, and/or offer a different way of looking at it? I'm genuinely curious. Thank you so much! No, this post isn't meant to support landlords in any way, that was just my viewpoint/questions about the whole thing.
Maybe I just lucked out with fantastic landlords who take care of their units, $600 rent, and very quiet neighbors (I have 2 other neighbors in the building I'm in).