• Morcyphr@lemmy.one
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    11 months ago

    Just curious, why? What difference would it make for you? Many of these mortgages are government funded anyway. I don’t rent anymore but my government is far more inept and corrupt than any landlord I’ve ever dealt with. Just my experience though.

    • abbotsbury@lemmy.world
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      11 months ago

      What difference would it make for you?

      Well, paying an at-cost price would mean it is inherently cheaper as the government wouldn’t be trying to turn a profit, merely charge an amount that compensates for upkeep.

      Many of these mortgages are government funded anyway.

      But is still building equity for a private individual.

      my government is far more inept and corrupt than any landlord I’ve ever dealt with

      I have a say in my government though, at least theoretically. I think housing (at least primary housing) shouldn’t be a for-profit industry, so I advocate against it via my government.

      • Morcyphr@lemmy.one
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        11 months ago

        the government wouldn’t be trying to turn a profit

        lol.

        But is still building equity for a private individual.

        With risk attached, yes.

        I think housing (at least primary housing) shouldn’t be a for-profit industry

        Agreed. Nor should food, water, electricity, health services, etc. but here we are.