[dee-bee]

Who wants to rent? I imagine most would opt to own instead. Rent is certainly far higher than a mortgage would be, which makes little sense if you're trying to encourage ownership (as often is the story about the american dream)

[fallingknife]

Anybody who doesn't want to:

- put up a ton of capital

- take housing price risk

- enter into a long term commitment

- deal with maintenance and repairs

- deal with selling my investment every time I move

And that includes me. I want to rent. I want the landlord to take care of all that crap for me. And I'm tired of all these people complaining about it.

[fatfingerd]

Yes, a nonprofit group running/developing a housing area and renting to its members is much nicer than having to own at least a condo and then dealing with a bunch of bank/lawyer/realtor nonsense every time you want to move.

[fallingknife]

I don't want to be a member of a non profit housing group. Sounds like an HOA but made worse by the sanctimony and lack of incentives of people who work for non profits. I just want to hand over my money to a landlord and not think about it. My only considerations are what I pay and what I get in return. How much the landlord is making isn't at all relevant to me.

[fatfingerd]

You want to pay more for less reliable service and have it used against adequate housing to ensure the service continues to decline?

A renter from a co-op, etc doesn't have to do anything for lower rent, more rights, options, etc, than another renter in the same city.

[rhaway84773]

Rent is only higher in the US because the U.S. govt greatly subsidized ownership.

As an example, 30 year fixed rate mortgages are only a thing in the US because of govt guarantees.