What if it’s a new couple of two homeowners who move in together, should they sell one property before the relationship solidifies?
What if the grandchildren are in secondary school when Nana dies, is the family allowed to hold on to this second property for the few years until the kids move out/in?
What if you accept a contract position in another town, should you be forced to sell and buy, or is it okay to rent out the home you have and rent another elsewhere?
My point is that there is nuance at the lower end of the scale, and the enemy is big corporations and landlords of massive portfolios.
As an example of the problem, no one in my entire social circle has any hope of ever owning property, and many of us are just barely skirting homelessness. Unfortunately this is extremely common in the same world where some people own multiple homes. If you found yourself in that situation, I imagine the best course of action depends on where you live, but a good choice might be to convert your property into a non-equity low-income housing cooperative. There are lots of other options though, the main thing is just to get it into the hands of people who need it.
Leasehold is a type of property where you rent the land for a really long time (decades), and build your house on it. Every few years you extend the lease so it has no risk of running out. You don’t know how much the landlord will charge you, or indeed if they extend, although there are some legal protections for leaseholders.
What if I find myself in a situation when I have 2 houses? How can I become a better person?
Sell the house to another person.
Sell the house
What if it’s a new couple of two homeowners who move in together, should they sell one property before the relationship solidifies?
What if the grandchildren are in secondary school when Nana dies, is the family allowed to hold on to this second property for the few years until the kids move out/in?
What if you accept a contract position in another town, should you be forced to sell and buy, or is it okay to rent out the home you have and rent another elsewhere?
My point is that there is nuance at the lower end of the scale, and the enemy is big corporations and landlords of massive portfolios.
To whom? Greedy renting corp.?
Bad Faith Arguments, LLC
If that does happen then the one deserving of the guillotine shifts onto Greddy Renting Corp
Agree. But neither of us will be guillotined outside of wet leftists’ dreams
If I deserve the guillotine under those circumstances then so be it.
Until you actually do
No, I was a hypocrite once. If I am found to be a hypocrite then I deserve that punishment.
As an example of the problem, no one in my entire social circle has any hope of ever owning property, and many of us are just barely skirting homelessness. Unfortunately this is extremely common in the same world where some people own multiple homes. If you found yourself in that situation, I imagine the best course of action depends on where you live, but a good choice might be to convert your property into a non-equity low-income housing cooperative. There are lots of other options though, the main thing is just to get it into the hands of people who need it.
The only hope I ever have of owning property is my mum dying :(
And even then, she currently owns the property, not the land, so there’s still land rent
Property is land. Do you mean that she owns the building?
Leasehold is a type of property where you rent the land for a really long time (decades), and build your house on it. Every few years you extend the lease so it has no risk of running out. You don’t know how much the landlord will charge you, or indeed if they extend, although there are some legal protections for leaseholders.