[kamaal]

>>By being a land lord, you are preventing people from buying and building equity.

Yeah me going to the gym, reading, and eating healthy is the reason why so many others are obese and unread.

>>Instead their hard earned money goes right into your pocket.

What is the connection between X being a landlord and Y not being allowed to be a landlord?

[twojacobtwo]

>Yeah me going to the gym, reading, and eating healthy is the reason why so many others are obese and unread.

Not OP, but do you actually think those situations are analogous? This feels like either a strawman or arguing in bad faith.

>What is the connection between X being a landlord and Y not being allowed to be a landlord?

The more houses being purchased for rental, the fewer that are available for individual ownership and landlords typically own more than one home. Additionally and probabaly more importantly, by using housing as an investment vehicle, it pits people with excess money to invest against people who may only have enough money for basic essentials in bidding for a house. This is all exacerbated further when you take note of the fact that companies/invesment funds are also buying up homes and becoming 'landlords'.

[kamaal]

>>Not OP, but do you actually think those situations are analogous? This feels like either a strawman or arguing in bad faith.

Yes, in fact it is as true as it gets. The thing is lots of things reduce to individual agency and responsibility and regardless one agrees with it or not, you are always in total ownership of any situation. Sure you can't buy a million dollar mansion inside a horse ranch. But there's always something you can buy.

There's always a minimal level of bootstrap anybody can start with. But you have to be very serious, very failure immune and be ok with taking multiple shots at the problem.

>>The more houses being purchased for rental, the fewer that are available for individual ownership and landlords typically own more than one home.

Have never ever seen homes go like hot cakes. You have time, you have lots of time. The question here really is do you want to buy a home? If yes, there is always something you can do about it. You might not get a million dollar home, but theres always something you can buy.

[twojacobtwo]

>Have never ever seen homes go like hot cakes.

Take a look at toronto or vancouver, to name a couple places in my country where no one has had to sell at or below sane asking prices for years.

>You have time, you have lots of time. The question here really is do you want to buy a home? If yes, there is always something you can do about it. You might not get a million dollar home, but theres always something you can buy.

You were originally saying that landlords buying up houses doesn't affect other people being able to buy a house. Sure, if we move the goalposts far enough and say 'it doesn't stop you from erecting 4 walls and a roof somewhere in the world', you're right. However, if you want a house anywhere near where it's likely to be of practical use, there is no question that landlords/investors scooping up houses absolutely affects those who need a house NOW and who are without the capital to compete against millionaires with multiple properties.

Also, if you say I/we 'have lots of time', that's implying that there's no marginal cost to having to rent for all that time. If that were the case all the time, why would anyone bother buying a house?

[kamaal]

Whatever rocks your boat buddy.

Since you already believe you can't buy a home, it might end up becoming a self full-filling prophecy.