People Twitter

Yeah this one or the bicycle meme

Landlords don't care if your rent is sustainable for you in the long term. They have nothing to lose if at one point you can't afford it anymore, someone else will.

Banks on the other hand care very much if you'll be able to pay your loan in full. Even with the house as collateral, it's much better for them if you just paid your loan instead of them having to deal with all that.

If something were to happen, and you couldn't make rent, you might get evicted, which would be inconvenient.

If something were to happen, and you couldn't make the mortgage, the bank might lose money, which is unconscionable.

Not sure if you're in America but credit scores are some rigged ass bs. What do you mean paying off a loan made my score lower?? I have more disposable income!

This is a hoax account

I hope so. The dissonance and lack of self-awareness in the post was so profound, my head is still ringing.

The guy said "these houses, ...each" so he could own the whole area and jack up the rents, not be a small timer. But yeah, it's not the person renting out Grandma's old place to help pay for her nursing home.

Yes.

The fact that we have to ask this is the point I think.. Hilarious post btw! 🤣

I don't know how they could miss that. It is very clearly a satirical post. No rich people are either that self aware or interested in outing themselves as greedy useless pieces of shit.

There should be nothing wrong with owning multiple houses. But your property tax should be adjusted on every house you own depending on the number of houses that own. It should be completely cost prohibitive at a certain point to own more than 2 or 3 homes. It should kick in after a year or two, so that it gives people more than enough time to purchase a new home, fix it up or renovate, and then time to sell the previous house. Owning houses shouldn't be a profit-making venture.

Societal problems should be solved by the government, not by individual actions.

Parody account

YOU WON'T BELIEVE WHAT HAPPENED NEXT!!!

Those can be an alternative, but aren't great for longevity. They're almost always essentially entirely concrete, which means if you want to get to, say, a pipe in the wall, be ready to smash through rock and then have to fill in a vertical hole in the wall with concrete again. This weakens structural integrity over time any time you've gotta do repairs, and makes them more expensive to do.

The more sane alternative for most people will be prefab housing, where either the entire house is sent in as either a single prefab unit, or a unit for each room that's simply connected and stacked, or where just each wall is a pre-made unit that's then assembled. The latter has become much more common in construction already, and the former is growing market share rapidly right now, to the point you can, right now, literally order a prefab house from Amazon.