[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.

[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.