this post was submitted on 04 Sep 2023
1376 points (87.2% liked)

Memes

45731 readers
1063 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] GBU_28@lemm.ee 3 points 1 year ago* (last edited 1 year ago) (1 children)

That doesn't make any sense. Are you connecting mortgage payments to "getting money back" or something?

In a non private ownership situation the government "owns" the housing and citizens contribute via taxes. (Scaled to their ability/income) No argument on the validity of that approach, just saying someone still "owns" everything, and the money spent isn't just sitting around, waiting to come back

[–] blazera@kbin.social -1 points 1 year ago (1 children)

who said non-private ownership? Landlords are not the only property owners, as much as they would like to be.

[–] GBU_28@lemm.ee 3 points 1 year ago (1 children)
[–] blazera@kbin.social 0 points 1 year ago (1 children)

I said who said non-private ownership?

[–] GBU_28@lemm.ee 3 points 1 year ago (1 children)

You proposed getting money back. I discussed options of who you might hope to be getting money from, because it wasn't clear from your comment

[–] blazera@kbin.social -1 points 1 year ago

yes I was referring to the mortgage situation of payments going towards equity. And then you move, the property sells, and the difference between how much you still owed and the sell price of the property goes to you.