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0 pointscom2kid7y ago0 comments

Most new housing I see around me (Seattle Area) is apartments for rent. Various legal reasons in WA state for it, but I'm of the opinion that having everyone rent is worse long term for society than having people become part of the local community.

Of course time will tell.

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3 comments · 1 top-level

iamtheworstdev7y ago· 2 in thread

On the other hand if everyone is bound to a mortgage then they are handcuffed to an area.

sampo7y ago

> if everyone is bound to a mortgage then they are handcuffed to an area

A condo in a growing city is very liquid property and easy to sell.

gshdg7y ago

Unless it’s 2008 and nobody can get credit. Or you bought into the peak of the market and now you’re underwater.

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