Well then, feel free to buy a house and sell it at cost. Don't worry about all that money you put into the home over the years to improve or maintain it, either.
Oh, and to add to the utter inanity of what you're proposing, make sure that you sell it at your purchase cost and not the 200%ish extra that they tack on to a 30 year loan at 4% interest.
Go ahead. Chalk it up to a personal experiment and let us know how it turns out in 30 years.
And I've done what you describe. I was a landlord for a decade.
I paid back each of my tenants all the profit I made from them, thousands and thousands of dollars per tenant. Adjusted upwards by the amount the property had appreciated.
I now rent in a sliding scale, capped at the cost of the unit.
Granted, it's only been ten years, not the thirty you suggest, but it's worked out great. Nearly every tenant has used their time with me to build a nest egg or savings that enabled them to move into a house they owned.
You could also just donate to charity, the effect might be similar (or even stronger, since it would go to needier people). By the way, this is all very nice of you but it is off-putting how you seem to want to impose forced charity on every other landlord.
When most people are talking about home ownership, we're not talking about being someone else's landlord. We're talking about living in a place until we move, and then selling that property.
Oh, and to add to the utter inanity of what you're proposing, make sure that you sell it at your purchase cost and not the 200%ish extra that they tack on to a 30 year loan at 4% interest.
Go ahead. Chalk it up to a personal experiment and let us know how it turns out in 30 years.