What brought you to Lemmy and are you on other social media platforms?

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It’s been this bad before? That’s funny too.

which makes a lot of them keep their old house when they move, and just rent it out.

Yeah, that’s not a thing:

Meet the Billionaire Investors Behind the US Housing Affordability Crisis

With roughly 800 billionaires in the U.S. with combined wealth of $6.2 trillion (and 2,781 billionaires globally with over $14.2 trillion), ultra-wealthy investors tend to diversify their holdings across multiple kinds of assets. A huge amount of this billionaire wealth is invested in property, land, and housing. Billions and possibly trillions of dollars are sucked into predatory investment practices and luxury housing schemes — where global billionaire investors park vast quantities of wealth in U.S markets.

This is not your grandparent’s gentrification, but rather a hyper-gentrification fueled by concentrated wealth driving up land and housing costs, expanding short-term rentals, and treating housing like a commodity to speculate on or a place to park wealth. The billionaires are displacing the millionaires, and the millionaires are disrupting the housing market for everyone else.

I think you misunderstood me, rentals should have more of limit on how much they can raise the rent, not that banks should get more money from homeowners. I guarantee that banks are making a shit ton of money or they wouldn’t do it.

It’s still a weird feeling when you;re 3 years later and everyone is complaining about their rent going up and yours is staying still. It kind of feels like cheating.

Congrats! You’re now going to find out that some of your expenses will go down. Your insurance specifically and that unless you take out another loan on the house or got a balloon loan, your monthly bill won’t change. It’s a fun thing to find out.

I thought tankie was for any government that used tanks on their own people? So many others should be included, China is missing, I think the Phillipines maybe? There’s more. I’m open to being corrected.