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tpmoney | 1 month ago

Landlords also contribute to educational and class mobility. Students can study at distant but better schools because they don't need to buy a home before they can move and they can return home or anywhere else much easier because they don't have to then find a buyer for the property to cash out. Job seekers can take a job across the country and not need enough spare cash to make multiple flights back and forth across the country to house hunt first. Landlords allow people to take vacations and trips to places they would otherwise never see because they don't live there. Landlords allow small businesses to launch without first needing to buy commercial real estate.

I spent 15 years living in my current state before I bought a home. In that time I moved on average every 2 years often due to changing jobs or changing living circumstances. There is no way I could have afforded to buy a home when I first moved here, and even if I could have, I didn't know anywhere near enough about the area or where I would be in 5 years let alone 10 or 20 to have made a good choice for where to buy that home. I love my home but owning this home has cost me well over 50k in repairs and maintenance in the 15 years I've owned it. That is absolutely money I would not and did not have when I first moved to this state and it would have financially ruined me to have bought and owned a home when I first moved here.

Have I had some crappy landlords? Sure. I've also had some great ones too and have very fond memories of some of the places I've lived over the years. None of which would have been possible without landlords in general.

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