If one can’t afford to own, they rent. When you rent you are buying a service. Just like you buy electricity, water, and food.
You are not dependent on the landlord. It’s an equivalent exchange. He is dependent on you, just as much as you are dependent on them.
Market decides the value of this exchange. You don’t like the price tag you look somewhere else. Price is discovered and a fair value is usually achieved.
Yes, but what isn't priced into the rent is any lower quality of life. The worse neighborhood and infrastructure, the insecurity of not knowing if your lease will be extended or raised, bad landlords, higher running costs, etc.
We're renting and literally counting down the days until we can escape to our own property.
