Real estate thread

Parmesan

Pelican
Other Christian
He's not wrong, encouraging a rentier class is obviously destructive to society as the less people that have a stake in society, the quicker it decays. It's usurious at it's core, as the key component in usury is material multiplying itself, not interest rates, but it's not as if it's the worst thing in the West as it stands, it's more just a symptom of sickness/lack of love than a cause.

I don't see an issue if you're renting a space in the home you live in, because it's unfeasible to do it alone, and you're trying to raise a family. It's another if you're renting multiple residential properties for the sake of gain, so you can "retire" like the man in Luke 12:16-21 The rentier aspect of behavior has to have some higher goal for it to be morally justifiable.
In a more sane, homogeneous white/Christian society it wouldn't be such a big deal. I know a guy that gave up home ownership to focus solely on his own business, and as a result he makes more money and has more freedom to maximize his minimal free time. He still has a stake in society via his business. If you don't enjoy yard work and maintenance tasks home ownership can be a time and resource suck, if your time and resources can be more productive elsewhere, there's an argument for renting. I agree rent seeking should be minimized in a proper society, and in reality it probably should be discouraged for lower skilled workers, who benefit from cultivating an asset throughout their life, though I do think it has its place.
 

FrancisK

Pelican
Catholic
Gold Member
In a more sane, homogeneous white/Christian society it wouldn't be such a big deal. I know a guy that gave up home ownership to focus solely on his own business, and as a result he makes more money and has more freedom to maximize his minimal free time. He still has a stake in society via his business. If you don't enjoy yard work and maintenance tasks home ownership can be a time and resource suck, if your time and resources can be more productive elsewhere, there's an argument for renting. I agree rent seeking should be minimized in a proper society, and in reality it probably should be discouraged for lower skilled workers, who benefit from cultivating an asset throughout their life, though I do think it has its place.

To your first sentence I definitely agree but here's the thing, are we talking about people with families who can't afford a home? Or are we talking about dumb lazy idiots who spent their 20's getting high and drunk while playing video games complaining that they can't afford a home....or anything else for that matter?

Because I don't know too many stable families that can't afford a home but I sure do know a lot of burnout lazy losers who want to complain on Reddit that they aren't being handed a home for their "fur babies".
 

Cynllo

Ostrich
Orthodox Inquirer
The point was that we'd be better off if there was no renting, than the current situation. You can outline a situation where it seems like no harm is done by a renting market, but it's part of a wider ecosystem, an ecosystem that shifts over time. It's similar with various other situations, such as usury. If I've worked hard for $1m of stored value and I want to loan it to someone I know at a few percent interest to start a business that will employ people and strengthen the local economy, it's hard to not argue this is generally good. But it starts there and it morphs. The next thing you know your entire system is based on usury, and such loans would be high risk to make between small entities.

Similar with the commercial sale of nudes. It started with selling photos of other people's daughters in swimwear. Next thing you know you're going to jail for using force to stop your 18 year old daughter selling videos of herself in extreme acts.

I'm not an expert on the topic, but the history of property ownership and renting is quite different to the situation today. The historic norm centres around a leasehold system that slowly broke down and eventually was tipped over. But the highly commercialised nature of rentals today is quite new. It's gone from rentals being there at broadly affordable prices, to rentals being there at prices at which few people who work in the area can afford. Cities have been stripped of heritage populations because many can't afford to live in the same area as their parents. What's next on the spiral downwards? Pods with bug burger vending machines, under management by Blackrock and other large faceless entities.

There are a lot of factors behind the decline of cities, but the commercialisation of property is a big one. It is usury at this point. A small number of players circling the market and artificially inflating prices to the extent that they loose money on rentals to accrue on paper gains in a fake bubble that contributes to a sterile society. This is the fertile becoming infertile and the infertile becoming fertile. Usury.

Yes. There are plenty of hopeless people who've made bad decisions due to being in the various negative ecosystems of today. That's all that will happen with negative ecosystems. If the ecosystems promote healthier habits, then those will proliferate.

Banning women from college. You've got to dream.
 

cosine

Kingfisher
Even in a relatively Christian area, I've seen way too many people take their lucky breaks and blow tons of cash on impulsive garbage. We can pontificate about why, but that sort of person doesn't have the responsibility to manage expensive assets.
 

Cynllo

Ostrich
Orthodox Inquirer
Even in a relatively Christian area, I've seen way too many people take their lucky breaks and blow tons of cash on impulsive garbage. We can pontificate about why, but that sort of person doesn't have the responsibility to manage expensive assets.

This is the same in many areas. Many people struggle to have a normal middle class life, as they are not able to manage it themselves. They go down a number of unhelpful routes, putting off the routes they need to go down. That could be improved with better education, but not much. Unless society boths walls off and obstructs unhelpful paths and manages most people into good paths, such decline will follow.

You can't have sugar, trans fat, glupe and soy laden food everywhere and expect everyone to control themselves.

There can't be instant access to every kind of perversion and expect most men to abstain.

You can't expect most people to take care of their pensions, find a pathway to home ownership, in the current culture particularly.

You can't sell chewing gum on every corner and not expect the streets to become dotted with grey marks; or that food packaging won't find its way into every corner of the land.

The majority of people need to be kept in a moral and administrative order, while we live in an immoral order.
 

cosine

Kingfisher
This is the same in many areas. Many people struggle to have a normal middle class life, as they are not able to manage it themselves. They go down a number of unhelpful routes, putting off the routes they need to go down. That could be improved with better education, but not much. Unless society boths walls off and obstructs unhelpful paths and manages most people into good paths, such decline will follow.

You can't have sugar, trans fat, glupe and soy laden food everywhere and expect everyone to control themselves.

There can't be instant access to every kind of perversion and expect most men to abstain.

You can't expect most people to take care of their pensions, find a pathway to home ownership, in the current culture particularly.

You can't sell chewing gum on every corner and not expect the streets to become dotted with grey marks; or that food packaging won't find its way into every corner of the land.

The majority of people need to be kept in a moral and administrative order, while we live in an immoral order.
The gluttony of video games, pornography, social media, pop culture...etc isn't always as obvious as observing a crowd of obese people, but it doesn't make it any more gluttonous.

Saying, "no" to all of these stressors is one of the most important skills today.
 

Caduceus

Ostrich
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