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cross-posted from: https://lemmy.crimedad.work/post/12162

Why? Because apparently they need some more incentive to keep units occupied. Also, even though a property might be vacant, there's still imputed rental income there. Its owner is just receiving it in the form of enjoying the unit for himself instead of receiving an actual rent check from a tenant. That imputed rent ought to be taxed like any other income.

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[-] Blaze@discuss.tchncs.de 4 points 2 years ago

Isn't real estate affordability an important part of personal finances?

[-] Astroturfed@lemmy.world 26 points 2 years ago

This is an opinion piece on something that might slightly effect rent. If this is personal finance related than so is literally every economic or business article ever written. Because everything can maybe effect someone's rent or other expenses.

[-] Blaze@discuss.tchncs.de 2 points 2 years ago

I'm going to be honest, I see where you come from, and how this is not textbook personal finance.

However, Lemmy is still in its very infancy, and I try to keep this community active. It's not always easy to find content to post (most of the PF subreddit is usually questions from users), so here it is.

By the way, if you have any interesting content or question, feel free to post as well!

[-] JshKlsn@lemmy.ml 3 points 2 years ago

Literally no one can afford houses these days. This only affects rich and privileged people.

[-] Ryumast3r@lemmy.world 4 points 2 years ago

There are houses that sell for the same price as a car ($20‐50,000) in Pittsburgh, so your absolutist statement is dead wrong.

[-] Torvum@lemmy.world 4 points 2 years ago

There are plenty of houses for sale in the 50-70k range in smaller towns that orbit large cities but sure, "literally no one"

[-] wizardbeard@lemmy.dbzer0.com 1 points 2 years ago* (last edited 2 years ago)

One of the worst parts about house searching is when you look up how much you can get for relatively little if you're willing to live in impovershed areas in the middle of nowhere. The kind of places defined by the main industry that left the area at least a decade ago.

Then compare it to where you actually have to live die to life and career situations.

this post was submitted on 24 Aug 2023
774 points (100.0% liked)

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