return2ozma@lemmy.world to Memes@lemmy.ml · 2 months agoAnother valuable life lesson from Elmo and friends!lemmy.worldimagemessage-square151fedilinkarrow-up11.3Karrow-down142
arrow-up11.26Karrow-down1imageAnother valuable life lesson from Elmo and friends!lemmy.worldreturn2ozma@lemmy.world to Memes@lemmy.ml · 2 months agomessage-square151fedilink
minus-squarePersnickityPenguin@lemm.eelinkfedilinkarrow-up6arrow-down3·2 months agoHouses are not “one time labor.”. Housing requires constant scheduled maintenance and upkeep over time. Not to mention the financing required to pay for it all,which is normally spread over 30 years.
minus-squareCowbee [he/him]@lemmy.mllinkfedilinkarrow-up12arrow-down2·2 months agoBuilding a house is one time. Maintenance creates Value, yes, but one only needs to compare the cost of maintaining a house with the cost of renting it to see that the vast majority of profits come from rent-seeking. It’s non-productive extraction.
Houses are not “one time labor.”. Housing requires constant scheduled maintenance and upkeep over time.
Not to mention the financing required to pay for it all,which is normally spread over 30 years.
Building a house is one time. Maintenance creates Value, yes, but one only needs to compare the cost of maintaining a house with the cost of renting it to see that the vast majority of profits come from rent-seeking. It’s non-productive extraction.