Nothing wrong with that if she’s fair. Some people can’t buy a house, some don’t want to. Let’s stop conflating small landlords with the corporations and institutional investors who are raping us.
Every house owned reduces the available stock and drives the prices up for everyone else. One thousand "small landlords"have the exact same effect on the market as one corporation that owns 1000. You don’t get to evade judgement or responsibility just because there’s a lot of people doing it. You are sitting on an asset there isn’t enough of to extract other people’s labor in perpetuity. It’s Housing as a Service and it’s just as scummy as the software version.
As a landlord myself - eh. I don’t care about your judgement. I charge some of the cheapest rent in my city, and my tenants like me. The demo I serve is typically young people who recently moved to my city, who want a cheap place to live while they go to school or start a new job. I put a lot of effort into making the house not just nice, but into providing a good vibe and better amenities which will attract more cool people. And by attracting more cool people to live here, I create a community that makes it easy for the people who move in to make friends.
Now, if you want to get into the economic weeds, sure, the amount of rent I charge for the scarce resources of land in my city in this particular location is unfair. For more on this, I recommend looking into Georgist land value taxes, which I’m a big fan of.
But on the other hand, I decided a long time ago that I would stop hamstringing myself and making myself miserable in the name of moral purity. I saw an opportunity. I took it. If I hadn’t, someone else would have. I’m not going to feel bad about doing what is in my own best interests when living within a system that I have no possibility of changing, while directly harming no one.
And I am likewise not going to feel bad for judging you as a bad person who I would absolutely not get along with if I met in real life. I’m glad we’re both comfortable in our moral stances.
And of COURSE your tenants will pretend to like you. Do you not understand how having power over someone works? Are you new?
Lol. Guess that’s why they keep in touch, invite me to hang out, have heart to heart conversations with me, and give me big hugs after they have moved out. They definitely just secretly hate me.
Don’t take it so personally. You just got done telling me you’re comfortable. Why should you care what I think? I’m some guy on the internet. If you don’t need to justify yourself, don’t justify yourself.
Jesus Christ you are an angry child with no understanding of the economy. I repeat:
Some people can’t buy a house, some don’t want to.
This dude owning a rental is not hurting you. In fact, OP is actually helping people like you. Companies owning thousands of rentals are hurting you. And you’re so blinded by your pain you can’t see the truth, and man, there’s no nuance to parse in that distinction between landlords.
Some people can’t buy a house BECAUSE THE PRICES ARE ARTIFICIALLY SO HIGH BECAUSE THE SUPPLY IS SO LOW BECAUSE THEY ARE OWNED BY PEOPLE USING THEM FOR RENTAL INCOME. But by all means, insult MY understanding of the economy when supply and demand seems to be evading your grasp.
There’s functionally no difference between a company with a thousand rentals and a thousand small owners with a thousand rentals. It’s exactly the same economic impact. But if it makes you feel better to belittle me, go right ahead. I don’t particularly care if you want to attack me - it doesn’t change the reality of the situation.
I have seen comments calling for “landlords” to be killed. Even people that spent their whole lives buying their one house and then renting out a floor of it for retirement.
A lot of people believe that, if you have enough money to own property, you are automatically immoral and expendable.
The hate is misdirected and fucking childish. Said one time that I might rent my single house out when I retire and move my wife back the the Philippines. Apparently I’m a beast.
OK kids, get fucked, I’ll take the house off the market at any price, you ain’t renting it. If they hate landlords so much, they’ll likely fuck the place up. Don’t need the hassle and cost from half a planet away. I’d probably make more money from appreciating house value than renting it for a fair price.
Nothing wrong with that if she’s fair. Some people can’t buy a house, some don’t want to. Let’s stop conflating small landlords with the corporations and institutional investors who are raping us.
Every house owned reduces the available stock and drives the prices up for everyone else. One thousand "small landlords"have the exact same effect on the market as one corporation that owns 1000. You don’t get to evade judgement or responsibility just because there’s a lot of people doing it. You are sitting on an asset there isn’t enough of to extract other people’s labor in perpetuity. It’s Housing as a Service and it’s just as scummy as the software version.
As a landlord myself - eh. I don’t care about your judgement. I charge some of the cheapest rent in my city, and my tenants like me. The demo I serve is typically young people who recently moved to my city, who want a cheap place to live while they go to school or start a new job. I put a lot of effort into making the house not just nice, but into providing a good vibe and better amenities which will attract more cool people. And by attracting more cool people to live here, I create a community that makes it easy for the people who move in to make friends.
Now, if you want to get into the economic weeds, sure, the amount of rent I charge for the scarce resources of land in my city in this particular location is unfair. For more on this, I recommend looking into Georgist land value taxes, which I’m a big fan of.
But on the other hand, I decided a long time ago that I would stop hamstringing myself and making myself miserable in the name of moral purity. I saw an opportunity. I took it. If I hadn’t, someone else would have. I’m not going to feel bad about doing what is in my own best interests when living within a system that I have no possibility of changing, while directly harming no one.
LOL, I say again:
You’re arguing with angry teens OP. :)
And I am likewise not going to feel bad for judging you as a bad person who I would absolutely not get along with if I met in real life. I’m glad we’re both comfortable in our moral stances.
And of COURSE your tenants will pretend to like you. Do you not understand how having power over someone works? Are you new?
Lol. Guess that’s why they keep in touch, invite me to hang out, have heart to heart conversations with me, and give me big hugs after they have moved out. They definitely just secretly hate me.
Don’t take it so personally. You just got done telling me you’re comfortable. Why should you care what I think? I’m some guy on the internet. If you don’t need to justify yourself, don’t justify yourself.
Jesus Christ you are an angry child with no understanding of the economy. I repeat:
This dude owning a rental is not hurting you. In fact, OP is actually helping people like you. Companies owning thousands of rentals are hurting you. And you’re so blinded by your pain you can’t see the truth, and man, there’s no nuance to parse in that distinction between landlords.
Some people can’t buy a house BECAUSE THE PRICES ARE ARTIFICIALLY SO HIGH BECAUSE THE SUPPLY IS SO LOW BECAUSE THEY ARE OWNED BY PEOPLE USING THEM FOR RENTAL INCOME. But by all means, insult MY understanding of the economy when supply and demand seems to be evading your grasp.
There’s functionally no difference between a company with a thousand rentals and a thousand small owners with a thousand rentals. It’s exactly the same economic impact. But if it makes you feel better to belittle me, go right ahead. I don’t particularly care if you want to attack me - it doesn’t change the reality of the situation.
You must be new here.
I have seen comments calling for “landlords” to be killed. Even people that spent their whole lives buying their one house and then renting out a floor of it for retirement.
A lot of people believe that, if you have enough money to own property, you are automatically immoral and expendable.
The hate is misdirected and fucking childish. Said one time that I might rent my single house out when I retire and move my wife back the the Philippines. Apparently I’m a beast.
OK kids, get fucked, I’ll take the house off the market at any price, you ain’t renting it. If they hate landlords so much, they’ll likely fuck the place up. Don’t need the hassle and cost from half a planet away. I’d probably make more money from appreciating house value than renting it for a fair price.