I’m in Australia. 72% of landlords own only one investment property. They fuck us over at every chance. It’s the same grift whoever plays it, they chase the highest market rates and pay the least expenses (I.e. neglect repairs, substandard maintenance, etc.)
There is no such thing as the ethical “mom and pop” landlords as Americans call it.
they chase the highest market rates and pay the least expenses
As everyone else does. While I don’t object your argument, I don’t see this as a specific issue with landlords. It’s just standard capitalism. Which sucks, but I personally think it’s unfair to blame just that one group specifically.
If you need a plumber, someone to fix your car, someone to help your children in school or to repair your PC… Most contractors typically will charge as much as the market allows. Also supermarkets don’t sell stuff cheaper out of goodwill. If the market gets out of control, it’s the government’s job to intervene and regulate. And unless it’s a multi billion corporation I at least think that such regulation is possible.
No.
I’m in Australia. 72% of landlords own only one investment property. They fuck us over at every chance. It’s the same grift whoever plays it, they chase the highest market rates and pay the least expenses (I.e. neglect repairs, substandard maintenance, etc.)
There is no such thing as the ethical “mom and pop” landlords as Americans call it.
As everyone else does. While I don’t object your argument, I don’t see this as a specific issue with landlords. It’s just standard capitalism. Which sucks, but I personally think it’s unfair to blame just that one group specifically.
If you need a plumber, someone to fix your car, someone to help your children in school or to repair your PC… Most contractors typically will charge as much as the market allows. Also supermarkets don’t sell stuff cheaper out of goodwill. If the market gets out of control, it’s the government’s job to intervene and regulate. And unless it’s a multi billion corporation I at least think that such regulation is possible.