this post was submitted on 06 Sep 2023
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The issue is that all of those apartments are owned by one person getting filthy fucking rich from rent.
Then organise the renters, let them buy the house to transform it into syndicate or cooperative housing. Social apartment construction isn't impossible.
What a fuckin great idea. Immediate downside is who's in charge of the bills?
ask yourself this: if the apartment is owned by a company who is in charge of bills?
in the case witht he syndicate, the syndicate is in charge of the bills, the bills are split up among the members, this stuff all already exists btw.
Maybe in the US. In Germany this defintly isn't the rule. Many people own their own flats and a lot of people own 2-4 flats to rent them out as an extra income.
No, maybe you are in a more wealthy environment. It is not possible that everyone has multiple flats to rent out. In fact, Germany has one of the lowest ownership rates.
https://en.m.wikipedia.org/wiki/List_of_countries_by_home_ownership_rate
Where did I say "everyone"?
But it is defintly not a given that an apartment has to be the tool of a slum lord, the way they portrayed it to discredit the idea that appatments are a more sustainable way of living...
Apartments can be owned by the people who live in it and this is quite common in many countries.
If one person rents out 4 appartments, that means that at least 4 others do not own their home. It's the same with houses of course.
Germany is just a particularly bad example unfortunately. Low ownership is a problem because it increases wealth inequality, which is also worse in Germany than many other nations.