• 7u5k3n@lemmy.world
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    11 months ago

    Got a buddy on that exact same path.

    • Military Contractor
    • Started with “very little” money
    • Bought a rental here a rental there. Has like 10 now
    • Now he “works” for himself (read that as plays games on steam all day) and enjoys his passive income.

    It’s a bunch of shit that he’s not taxed to below fiscal feasibility for his multiple single family homes.

    • just_change_it@lemmy.world
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      11 months ago

      Make it so 50%+ of rent becomes equity and instantly housing becomes accessible to all. Can’t rent without giving ownership to your tenants. Banks would get the lion’s share of the income (it’s their money anyway if you have a mortgage…) and owner occupied properties are still feasible.

      No one’s “value” would disappear either.