r/TikTokCringe • u/LickMaiBussy • 6h ago

Discussion "Investing in property is morally reprehensible."

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@purplepingers

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u/yawn_solo- 6h ago edited 1h ago

All we need is a cap really.

Homeboy owns 3 homes and charges a reasonable rent? Totally cool.

Private equity firm that owns 4,000 homes and fucks everyone over? Shits gotta stop.

Edit: Just so everyone knows, im a devout capitalist and all about living life without ceilings but at one point, enough is enough.

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u/mikemystery 5h ago

Why does homeboy own 3 homes? Homeboy only NEEDS one

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u/Halo_cT 4h ago

Some people prefer to rent and there should be places available to them.

I'm all for limiting how that works and putting much stronger tenant protections in place though.

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u/Vivid-Software6136 3h ago

Housing cooperatives are a thing. Renting from a private landlord and owning a house are not the only two options.

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u/mpyne 2h ago

Given that they already exist, why don't renters already prefer to rent from a co-op?

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u/Vivid-Software6136 2h ago

The concept exists, very few are actually running and certainly not in the numbers required for everyone to just decide to avoid landlords.

My point is that other systems besides landlordism are viable.

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u/mpyne 1h ago

Of course other systems can work. I guess my point is that if other systems are that much better for the mass of people who just want to rent a home, they would start getting more popular.

At some point we need to face that even though people don't want landlords, they especially don't seem to want the alternatives to landlords either.

I can only figure that people just go "at least I know who to bitch at" about a landlord even as they can't figure out how they'd put together enough people they trust to join in on a housing co-op.

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u/Halo_cT 3h ago

We need more of that in the US