this post was submitted on 08 Mar 2025
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A Boring Dystopia
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You still take someone elses money, just less of it.
See, when the Landlord charges reasonable rates, and actually provides services in exchange for that rent (helping update appliances to newer, having paperwork on hand for any code/inspections needed for property changes (that the landlord would ultimately benefit from,) and in general treating it as a matter of 'I have obligations' instead of 'I will do nothing but I will absolutely blame the tennants for the inevetable crumbling of the property.'
I dislike the concept at base level, but that is a someone who is trying to not be a scumbag.
The renting part isn't even that bad, the owning part and selling for profit is the problem.
What are you talking about? I buy a house for $200k in 2012, real estate market goes crazy and now my house is worth $500, selling it for market value iis… wrong?
Can we not shit all over normal people for doing normal stuff? This dude doesn't run Blackrock, he had a single rental property.
Hundred years ago it was normal to beat women of they were out of line. Millenia ago it was normal to own slaves. It's also "normal" for the US Healthcare to screw over people who need Healthcare. Just because something is "normal" doesn't mean it's somehow right. Slavery was normal but then different societies over time understood that slavery is not right and it stopped being normal. Beating women used to be normal but over time we learned that's also not right and it stopped being normal. I don't know about you but I don't think ripping people off is right. However ripping people off has been normalized for capital owners (including land lords).
Nobody should be wishing for his demise (compared to Blackrock and its kin, who I do think should cease to exist), but at the same time he shouldn't be padded on the back for not ripping off his friend as much as he could've. What he did shouldn't be normal.
He didn't rip off his friend at all. He took just enough to pay the mortgage and save something up in case of repairs. That isn't ripping him off. That's doing him a favor since he charged him so little.
Not everyone is in a situation where they can or even want to own a house. Renting is much safer in terms of sudden emergencies. Water heater blows out in a house? Fuck you, 3k to replace at least. In an apartment? That's a landlord problem.
Someone who needs a place to live in and doesn't have the money or doesn't want to buy their own place. IMO, it is a fair trade as long as the landlord isn't a cunt. The reasons to why they don't have enough to buy their own place have nothing to do with a single landlord, some people don't want to take roots in a single place. If you wanna go to war with someone, go to war with companies, ban companies on owning and renting places, not people.
I live in the UK and many neighbours of mine are "professional landlords" and it is so annoying seeing them so relaxed and doing nothing while I am stressed and anxious at my job.
Your "friend" still paid a substantial portion of your mortgage and gained nothing from it beyond being out of the rain. You used him and paint it as mutually beneficial.
How is a stable comfortable place to live 'nothing'? If being out of the rain was all it took we'd all live in tents and this conversation would not occur. Owning a house and keeping it repaired/functional is hard and expensive. You don't do your side favors by acting like our boy kept his friend in a locked closet when we all know that isn't true.
I'm not going to argue with you. Shelter is not a commodity.
Why do you get extra properties to rent out to others while he has to pay the rent?
The only reason why he doesn't have enough is because people like you have too much.
We're coming for you.
This should be satire.
TBH I think you're even overstating how lucrative it is for the average person. Most houses don't double in value, most areas don't rent for $1500 USD, most tenants don't maintain properties well.