I appreciate your view on wanting to own the land you live on. Here are a few things to consider.
Everyone needs a place to live. Apartments should offer affordable housing to allow people to get up on their feet. Not everyone is fortunate enough to be able to live with their parents or family until they can buy a place.
Additionally, there are some people who aren't interested in the responsibility of owning a home. They don't want to worry about property taxes, insurance, and most importantly - maintenance. Sometimes people need a place to rent because they are only in town for a few months for work. Not everyone wants to be a homeowner.
I think that single family homes will become more affordable as #Bitcoin is adopted more as a store of value. The only property I'd be interested in owning as an investment for rental income is multifamily housing, or commercial buildings.
I also believe owning and managing rental property is a service industry. Where you should work to provide the best quality of service to your tenants. This opinion is not shared by all in my industry, but at least I can sleep easy knowing I'm providing the best quality of service to my tenants.
BlessedBovine
npub1c4…j559a
2024-08-10 19:09:06
in reply to nevent1q…l0nq
Author Public Key
npub1c4n25pm4tcvc9u4uamld60gmz3cv0vy5vq9q9gmzvlttp8ym5j3q7j559aPublished at
2024-08-10 19:09:06Event JSON
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"content": "I appreciate your view on wanting to own the land you live on. Here are a few things to consider.\n\nEveryone needs a place to live. Apartments should offer affordable housing to allow people to get up on their feet. Not everyone is fortunate enough to be able to live with their parents or family until they can buy a place. \n\nAdditionally, there are some people who aren't interested in the responsibility of owning a home. They don't want to worry about property taxes, insurance, and most importantly - maintenance. Sometimes people need a place to rent because they are only in town for a few months for work. Not everyone wants to be a homeowner.\n\nI think that single family homes will become more affordable as #Bitcoin is adopted more as a store of value. The only property I'd be interested in owning as an investment for rental income is multifamily housing, or commercial buildings.\n\nI also believe owning and managing rental property is a service industry. Where you should work to provide the best quality of service to your tenants. This opinion is not shared by all in my industry, but at least I can sleep easy knowing I'm providing the best quality of service to my tenants.",
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