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this post was submitted on 11 Dec 2025
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if this were a socialist country, rent would be abolished and everyone would be living comfortably. would socialism/communism help reduce homelessness and such?
Not in the long term, because owning a house is not free. The houses would fall apart after a few years without money for maintenance, repairs or upgrades. Any expenses that come with house ownership are paid by rent. My parents own their house that was build maybe 120 years ago, and every 10 years or so there is some expensive bill because something needs modernisation or repairs like roof, windows, plumbing, power, facade, wet basement, heating, ...
As the owner of an historic property, really in a fully socialist or communist state, we would be knocking old houses down to make way for multifamily dwellings. Maybe that would be better. I can't stomach the thought, although, amusingly, I can't afford the upkeep on my own house, nor can I afford to sell it and move elsewhere. The golden handcuffs that rot while you are stuck in them.
So your parents are landlords.
and are raking in the rewards of their tenants paying rent
Lol, they live alone in the house they inherited from their parents. Nobody pays them any rent since I don't live there. It's in a small town without any jobs and population decline since the 90s, not exactly the place where there is high demand.
what if house ownership is collectivized and nationalized?
What keeps the guy at the top of that pyramid from not being an asshat?
who are you talking about?
Guillotine
Ignoring the equity you gain when you're paying down a mortgage on a house.
Just ... No.
That was not the question. While still being cheaper than rent because nobody is trying to profit from you living there, getting the roof fixed, 15 new insulated windows installed, 1900s electric grid replaced did cost them more than 10k euros each time, for which they had to take out a credit.