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If renting were banned, there would be an awful lot of houses suddenly on the market, with a strong downward price trend.
Doesn’t even need to be a state thing - cancel the original mortgage, compensate the owner for their deposit and repayments and transfer it to the occupant on mortgage terms of their choice (up to property lifetime). Like renting but they build equity - possible to pay it off with short terms or just cheap and transferable to the next occupant.
Bank makes money on interest, original landlord gets a lump sum, occupant gets cheap housing.
Dramatic_Hammer
.mo.
Unfortunately private landlords have a place. I mean, where do estate agents get their properties?
How do you get a rental with bad credit?
No references?
Or you lived in a shared house someone put in arrears?