this post was submitted on 29 Aug 2023
275 points (100.0% liked)
traingang
22600 readers
240 users here now
Post as many train pictures as possible.
All about urbanism and transportation, including freight transportation.
Home of train gang
:arm-L::train-shining::arm-R:
Talk about supply chain issues here!
List of cool books and videos about urbanism, transit, and other cool things
Titles must be informative. Please do not title your post "lmao" or use the tired "_____ challenge" format.
Archive links for reactionary sites, including the BBC.
LANDLORDS COWER IN FEAR OF MAOTRAIN
"that train pic is too powerful lmao" - u/Cadende
founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Because in some places renting is so much cheaper than buying it’s comical. Go look into rent vs prices of property and mortgages in London in the UK for example and then we can talk.
Renting can literally NEVER be cheaper than buying, because the landlord's mortgage MUST be less than the rent you're paying! If you'd had the option to buy the same place for what the landlord did, you'd be paying significantly less each month.
So what you mean is, landlords bought up all the cheap housing and all that's left to buy is what they can't bleed a profit out of.
Buy me a house then, if they're so much cheaper than renting.
I'll wait.
I'm not telling them to buy a house. We were trying to point out that landlords are leeches who provide nothing of value and suck up large percentages of peoples income.
The hypothetical here is if you weren't paying your landlord, you would have more money, because you're already paying them amd now you're not.
I've heard the real estate situation in London is particularly awful, even compared with other major cities where its also bad for similar reasons.