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How to approach second house ownership? (lemmygrad.ml)

submitted 2 months ago by CurseAvoider@lemmygrad.ml to c/comradeship@lemmygrad.ml

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was reading a thread on twitter about this. i know it's a topic that comes up every so often on communist spaces too, how do we approach house ownership - i don't mean a house to live in, I mean owning a second home that they won't live in?

I might come into a second home through inheritance at some point (hoping my parents still live long though lol). getting through a first home is probably going to be a mess bc of how i live in it with my siblings and here you get a mortgage until you die, because it makes more sense for taxes. Usually when kids inherit a home, they sell it because they're already living somewhere else and the next owner inherits the mortgage + a new one. oh well it's still far off lol, we'll see when we get there.

but if you come into inheriting a second home... what is the best solution? sell it to someone who will rent it out instead of you?

i know usually these discussions revolve around no ethical consumption in capitalism but they never seem to reach a final answer.

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[–] robot_dog_with_gun@hexbear.net 0 points 2 months ago (1 children)

could be some kind of non-scam "rent"-to-own thing you can set up where they don't need another mortgage but that's something to ask a lawyer about if you can get a free consultation

[–] Maeve@lemmygrad.ml 0 points 2 months ago

That's my first thought.