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[-] PuddleOfKittens@sh.itjust.works 1 points 2 days ago

A~~nother~~ use for ~~rent~~ money is to build new homes.

There's no particular reason to assume rent money specifically is what will pay for new homes. Literally any (investment) money can be invested into new homes.

[-] Dremor@lemmy.world 1 points 1 day ago* (last edited 1 hour ago)

Nor is it any reason to assume it will not.

That's a fundamental part of capitalism, that the one that owns the capital also get to choose where to invest it. It is their money.
Now you can get some that will invest in project that benefits the communitiy, like building new homes, schools. You can also get greedy asholes that only invest for their own benefits, buy new jets, etc.

Now calling all landlords greedy pigs like some does in this topic will only benefits the later, by discouraging those who works toward nobler goals to advertise them, which doesn't help those initiatives to reach their target audience.

Like I told on other replies, I do own a house, which I rent to an elderly couple, so I'm on the landlord "side". It was my grandma house, which I inherited when she died. I renovated it, rented it, had to do costly repair after the first tenant because he trashed the place, all that at a rather low rent for the area. To this day I didn't touch a cent from the rent other than for repairs, and reduced the rent again due to water damages in a room (coming from the neighbor which refuses to do the repairs as it do not affects him).

So, tell me, AITA?

this post was submitted on 20 Jul 2026
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