How about making it illegal to rent-out a house that's still subject to mortgage repayments? I think there are both moral an economic imperatives.
Seems to me that depending on tenants to pay for the landlord's mortgage on the roof over their heads (for the landlord's "pension") might have some bearing on extortionate rents (and rent increases to compensate for mortgage interest increases).
Isn't the practice of buying a home on the premise of being able to extort the mortgage repayments from others in need of a roof over their heads, just a form of usury?
Its happening across the economy. Making money has become about securing control over necessary to life assets and then charging the population for access. The asset will be used as debt collateral and its value paid out to the owners. Further investment justifies yet higher prices. Its a hollowing out of the whole moral justification of making a profit.
Just a thought.
How about making it illegal to rent-out a house that's still subject to mortgage repayments? I think there are both moral an economic imperatives.
Seems to me that depending on tenants to pay for the landlord's mortgage on the roof over their heads (for the landlord's "pension") might have some bearing on extortionate rents (and rent increases to compensate for mortgage interest increases).
Isn't the practice of buying a home on the premise of being able to extort the mortgage repayments from others in need of a roof over their heads, just a form of usury?
Its happening across the economy. Making money has become about securing control over necessary to life assets and then charging the population for access. The asset will be used as debt collateral and its value paid out to the owners. Further investment justifies yet higher prices. Its a hollowing out of the whole moral justification of making a profit.