Yeah the price for rent should be the amortized cost of upkeep/renovation + some salary to the landlord that is reasonable for the actually work done (which is usually very little).
It should never be enough to pay back a loan the landlord took out to buy the property in the first place.
You’re describing the Soviet model of housing. Flats were often assigned by the union of the worker, and the rent dues were about 3% of the monthly income, which paid for basic maintenance. Homelessness was eliminated and housing was constantly improved through the construction of literal millions of housing units per year, more than any country at the time.
Urban planning was also cool, organized in so-called “Mikroraion” (microdistricts) with accessibility on-foot to basic services being the core of planning. Green spaces, health centres, childcare and social activities were all within a 15-minute walk (the neighborhoods in most Eastern Block countries retain these features with whatever services haven’t been dismantled in capitalism). Quality affordable public transit (e.g. Moscow metro) also ensured mobility.
Yeah the price for rent should be the amortized cost of upkeep/renovation + some salary to the landlord that is reasonable for the actually work done (which is usually very little).
It should never be enough to pay back a loan the landlord took out to buy the property in the first place.
You’re describing the Soviet model of housing. Flats were often assigned by the union of the worker, and the rent dues were about 3% of the monthly income, which paid for basic maintenance. Homelessness was eliminated and housing was constantly improved through the construction of literal millions of housing units per year, more than any country at the time.
Urban planning was also cool, organized in so-called “Mikroraion” (microdistricts) with accessibility on-foot to basic services being the core of planning. Green spaces, health centres, childcare and social activities were all within a 15-minute walk (the neighborhoods in most Eastern Block countries retain these features with whatever services haven’t been dismantled in capitalism). Quality affordable public transit (e.g. Moscow metro) also ensured mobility.