Ask Lemmy
A Fediverse community for open-ended, thought provoking questions
Please don't post about US Politics. If you need to do this, try !politicaldiscussion@lemmy.world
Rules: (interactive)
1) Be nice and; have fun
Doxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them
2) All posts must end with a '?'
This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?
3) No spam
Please do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.
4) NSFW is okay, within reason
Just remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either !asklemmyafterdark@lemmy.world or !asklemmynsfw@lemmynsfw.com.
NSFW comments should be restricted to posts tagged [NSFW].
5) This is not a support community.
It is not a place for 'how do I?', type questions.
If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email info@lemmy.world. For other questions check our partnered communities list, or use the search function.
Reminder: The terms of service apply here too.
Partnered Communities:
Logo design credit goes to: tubbadu
view the rest of the comments
Here's the problem. Second homes (one that is lived in part time) tend to increase property values of the area where they are. Additionally, short term rentals also increase property values. On top of this, that is a home that is unavailable to folks who live there full time. This compounds to create a higher barrier of entry for people that want to purchase a home. Rising property values and nearby short term rentals also increase long term rent for people that live in the area. This isn't even to mention negative impacts on the environment, an additional tax burden for the area the second home resides, or additional carbon footprint being created.
On top of all of this. If you are renting a home to another person, this is exploitation. You are demanding money for providing something essential to modern life and increasingly to even exist in an area. Rent prices have also become a cabal and are constantly increasing due to landlords fixing rent prices. I think being a landlord is unethical, but they are necessary with the way housing is structured today.
We require massive revisions to housing policies and zoning laws, at a federal level, to solve these problems.
TL;DR Second homes are bad but there isn't a lot we as individuals can do about it right now.
Thank you for your reply! I will think about the first point. I didn't consider that second homes tend to increase property values in the area - that's a valid point.
I disagree with your second paragraph. When you rent a house at its price, aka only and exactly the price for electricity, water, and repairs of the building, I don't see any exploitation in it because you effectively aren't making any profit from the person living there.
However, I'm replying from a German standpoint. I presume that in the USA, the situation is different and in an advanced stadium of dystopican capitalism, so probably my thoughts aren't fully applicable.
Thank you for replying! I appreciate it.
I would agree with that. If you aren't making a profit, or if you are making enough profit to perform maintenance it sounds fine. If maintenance is a job, you should be obviously be compensated. That value doesn't seem to represent the level of work I see being put in.
I am writing specifically from an American point of view. All of the landlords set prices based on a data set that combines property values and rent cost. This basically means that rent prices have been rising rapidly, a long with home prices. It's all inflated value and the government doesn't seem interested in doing anything about it. Rent in my area specifically has more than doubled in the past decade and this is not uncommon.