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submitted 8 months ago by tkk13909@sopuli.xyz to c/asklemmy@lemmy.ml

Does having an AirBNB setup make someone deserving of the guillotine or does that only apply to owners of multiple houses? What about apartments?

Please explain your reasoning as well.

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[-] xmunk@sh.itjust.works 147 points 8 months ago

Landlords aren't inherently evil - it's a useful job... a good landlord will make sure that units are well maintained and appliances are functional. A good landlord is also a property manager.

Landlords get a bad name because passive income is a bullshit lie. If you're earning "passive income" you're stealing someone else's income - there's no such thing as money for nothing, if you're getting money and doing nothing it's because someone else isn't being properly paid for their work.

[-] Hello_there@fedia.io 69 points 8 months ago

How many landlords actually do it as a job? And how many just collect the checks and hire bottom of the barrel contractors for anything that involves work? In my experience it's been the latter.

[-] xmunk@sh.itjust.works 22 points 8 months ago

I think most of the older landlords were like this but their renters are very reluctant to move. The landlords that suck have high turn overs - and recently there's been a wave of idiots buying apartments to park their money and get "free" income - so the environment is actively getting worse.

[-] NathanUp@lemmy.ml 18 points 8 months ago

I have never had a single landlord where this isn't the case, except in instances where they are too cheap to even hire professionals to do things that they don't have the skill to do, and they get their dipshit son to "fix" the sink that fell clean out of the kitchen counter with a lumpy bead of clear silicone and a 1' piece of 2x4 wedged underneath.

[-] kakes@sh.itjust.works 48 points 8 months ago

Another thing that pisses me off is that I'm literally paying >100% of the cost of the property over time, yet they retain full ownership. It's an investment with essentially zero risk, if you have a tenant that isn't a racoon.

Not sure I have a good solution for that issue, honestly, but the idea of it irks me.

My overall position boils down to: Housing should never generate profit. A landlord can take pay for the work they do, and put money aside for maintenance, but there should never be a profit made on rent.

[-] squid_slime@lemm.ee 23 points 8 months ago* (last edited 8 months ago)

This was less of an issue before as we could save to buy property. Now we must inherit

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[-] ASeriesOfPoorChoices@lemmy.world 18 points 8 months ago

there absolutely should be a profit for rent. Being a good landlord is work, work should be compensated. Taking the risk of ownership (low though it might be) should be compensated.

The issue isn't profit. The issue is a) artificial lack of supply driving up prices b) greed and exploitation of basic needs.

In some countries, like some of the USA, you get clean drinking water pumped into your house for your toilets. However you do the math a) people need to work on the system to keep it working and they should get paid a living wage b) water is a need even more than housing. We pay for water, and people make profit on it. How you pay for it - taxes, city rates, privately - whatever, you pay for it.

that isn't the issue, just like paying rent isn't the issue. it's the amount which is.

the solution is simple and already exists: universal basic income, and make basic needs like water and rent limited by this amount.

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[-] tkk13909@sopuli.xyz 25 points 8 months ago

So basically, a good landlord doesn't make any actually passive income? That makes sense. I just see a lot of people on here saying things like "we should kill all landlords" and they just sound ridiculous to me.

[-] squid_slime@lemm.ee 18 points 8 months ago* (last edited 8 months ago)

People speak in absolutes as it gets the point across. Also socialism is pretty hot here I myself am a democratic socialist and I have said "kill landlords/rich/owner class" but in reality when the socialist party get in the owner class wont be murder but forced to pay more taxes, slowly forgo they're business and property.

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[-] tkk13909@sopuli.xyz 11 points 8 months ago

So basically, a good landlord doesn't make any actually passive income? That makes sense. I just see a lot of people on here saying things like "we should kill all landlords" and they just sound ridiculous to me.

[-] nickhammes@lemmy.world 15 points 8 months ago

To me the question is whether the result of what you're doing makes the world around you better or worse. Would the people living in your place be better off if you were out of the equation? Then you're a bad landlord.

If you're making money from providing labor for the people who live in a place you own, and they're paying your costs to do so, I think there's a case for that being a reasonable occupation to hold. If there's an issue with it, it's not my highest priority, and there's definitely some value in flexible housing stock for people.

If your goal is passive income, or you're making money from owning housing and denying that ownership to people who need a place to live, then you're behaving as a parasite, and I think it's reasonable for people to give you an amount of respect proportional to that.

[-] Lemvi@lemmy.sdf.org 106 points 8 months ago

If you own housing that you rent out more than you use it yourself, you're a landlord.

If you rent out your house or apartment while you're on vacation, I wouldn't call you a landlord. But if you have a house or apartment that you only ever offer on AirBNB without ever using it yourself, you're a landlord.

Btw, I don't agree that being a landlord makes you deserving of a guillotine, but I do agree that we should limit the ownership of housing to natural persons, with a limit on how much space a person can own.

[-] dream_weasel@iusearchlinux.fyi 22 points 8 months ago

I appreciate a sane viewpoint.

Buy a second house, fix it up, then sell it OR rent it to help cover the debt and maybe generate enough income to retire early. It's one of not very many ways regular(ish) people can reliably climb the financial ladder or not work until 75.

Nobody needs 40 properties, but I don't see anything wrong with one or two. I'm not a landlord myself, but I've rented and owned and can see the appeal of a second property.

[-] z00s@lemmy.world 73 points 8 months ago

If you are engaging with housing as an investment vehicle, you are part of the reason why there is a global housing crisis.

Housing is a human right and should be legislated as such.

[-] flying_sheep@lemmy.ml 23 points 8 months ago

I own a flat that I rent out to people who make similar amounts of money as I do.

That allows me to take a lower paid job that allows me to do more open source work.

I agree with your second paragraph.

[-] SkippingRelax@lemmy.world 26 points 8 months ago

This is lemmy. You are no better than musk or bezos for doing that you filthy capitalist.

You should do you open source work hungry, naked and in the cold while someone is whipping you. Like all the virtuous 14yo tankies that are downvoting you certainly do.

/s in case it's needed

[-] Thorry84@feddit.nl 20 points 8 months ago

And coal plants provide power and heat to millions of people, that doesn't make it right. The ends do not justify the means.

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[-] WalrusDragonOnABike@reddthat.com 72 points 8 months ago

If you are owning houses just to use them as AIRBNBs, yes. Profiting off of artificial scarcity and already having money is bad. Being wealthy doesn't mean you deserve to be more wealthy.

[-] CrimeDad@lemmy.crimedad.work 63 points 8 months ago

A landlord is a landlord, regardless of the particular lease terms. In general, they aren't automatically good or bad. They're just people acting as rationally as anyone else with respect to their material conditions and interests.

If you're asking why they get a bad reputation, I think that's also pretty straight forward:

  • Almost everyone has had or knows someone who's had to deal with an especially neglectful or difficult landlord;
  • landlords have been engaging in notoriously greedy and abusive behavior since the industrial revolution;
  • landlords aren't doing themselves any favors they way some of them publicly brag and whine about being landlords;
  • and there's just something that isn't right about owning someone else's home and probably everyone has some faint sense of that.

Personally, I don't think that landlords should be guillotined, but housing policy that's accommodating to them is bad policy. We should be strengthening tenant protections and building new housing to the point that private landlords become practically obsolete.

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[-] BreakDecks@lemmy.ml 50 points 8 months ago

Do you own a residential home for a purpose other than you or your family living in it? You're a landlord.

[-] BallsandBayonets@lemmy.world 48 points 8 months ago* (last edited 8 months ago)

It's a really easy definition for me. Do you acquire recurring income from a residential location that you don't personally live at? You get the French haircut.

Owning a home and having roommates that share the mortgage is fine. Putting your guest bedroom on Airbnb is fine. Owning an apartment building and living in one of the units and actually providing labor to contribute to the running of the apartment building (whether through maintenance or office work), perfectly ok.

With that being said, when it comes time for the guillotine, we'll start with the corporate landlords to give the "mom and pop" landlords time to come to their senses.

Edit: explaining my reasoning: Passive income is theft. Owning things is not a job. Humans have a right to live by nature of being alive, profiting off of a human right is evil.

[-] MajorMajormajormajor@lemmy.ca 21 points 8 months ago

I agree with your points but I'm curious what your solution is to single family homes that are being rented out? The obvious one is everyone who wants to buy a place is able to, but not everyone wants to buy yet (younger people, people who want flexibility, people who know they are moving [only in that city for school], etc). Having some corporation own everything is also obviously the worst option, but that only really leaves the government and the mom and pop operations (that is people who own 1 place and buy another to rent it out). Should all single family homes be run as co-ops? Torn down and rental apartments built instead?

Again, I agree that single entities owning multiple rental places is a bad thing, but there doesn't seem an obvious replacement. So I am genuinely curious as what can be done?

[-] KevonLooney@lemm.ee 19 points 8 months ago

Don't listen to anyone else mentions "guillotines". It didn't even work for the people of Paris, who eventually burned it.

The fundamental problem is, people want to live in certain locations and in modern homes. There's plenty of cheap land in the middle of nowhere but no modern comforts. And modern homes are much harder to build than older ones were. This reduces the supply of new homes and increases the value of existing housing.

One potential solution is taxing rental income and supporting first time homebuyers more. Or maybe increasing regulations and inspections of rental properties. This would remove the worst landlords and lower the cost of buying a house. Literally tax rentals and send the money to first time homebuyers.

Landlord are fine, just like private farming is fine. Food is necessary to live too, but few people are clamoring for "government cheese". The problem is the housing market is full of unregulated rentals where the only qualification to rent something is having the key. Make landlords jump through some hoops and the worst ones will sell to first time homebuyers.

[-] pearsaltchocolatebar@discuss.online 15 points 8 months ago

Yeah, owning a home is an expensive pain in the ass. I'm always spending either time or money doing some sort of work on it.

I definitely get not wanting the responsibility of all of the bullshit that comes with home ownership, and actually know a few people who sold their house and went back to renting because of it.

Landlords absolutely have their place, but corporations have no business being involved.

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[-] PM_Your_Nudes_Please@lemmy.world 47 points 8 months ago* (last edited 8 months ago)

AirBnB is horrible for local housing prices, because it removes long-term housing from the supply in exchange for more expensive short-term rentals. Guillotines are too nice for AirBnB owners; They should be thrown feet-first into a wood chipper.

[-] june@lemmy.world 11 points 8 months ago

I’ve always appreciated people who rent out rooms or expand their homes to let people rent a private space with airbnb.

I also don’t think VRBO, home away, house trip, and other companies that support this business model get enough visibility in the criticism against the model.

[-] PM_Your_Nudes_Please@lemmy.world 20 points 8 months ago* (last edited 8 months ago)

Which was the original stated intent of AirBnB. Going out of town for a day or two? Let someone stay for a day or two while they’re in town. Your place is watched while you’re out of town, it helps pay for your hotel while you’re gone, and everyone is happy.

But in practice, people buy houses for the sole purpose of listing them on AirBnB for 30% of the mortgage payment. They don’t care if it sits vacant for 80% of the month, because the four or five days it’s in use pays for the mortgage.

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[-] EmptySlime 36 points 8 months ago

My landlord is actually a community nonprofit group that owns several units in our neighborhood. They do rent for the most part based on income. I forget the exact breakdowns but iirc it's capped on the upper end at an actually reasonable percentage of your income so you're not paying most of your paycheck to rent. Then my wife and I are on the low end because we're on a fixed income. Before we got approved for section 8 we paid their lowest flat rate which is basically just enough to cover property taxes and maintenance which iirc percentage wise was a higher percentage of our income than their normal rate is but it still wasn't crazy for us.

Then they use the excess to do things like update the units to make them more energy efficient, community organizing, etc. They've also bought out a couple of abandoned houses in the area and redeveloped them so people can actually live in them.

I personally don't have a problem with landlords per se. Not everybody wants to own a home and deal with all of the maintenance and things that go along with it. I don't even necessarily have a problem with them getting paid to deal those things. What I personally have a problem with is housing being used as ~~passive income~~a free money cheat.

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[-] tiefling 29 points 8 months ago

Is your Airbnb a spare part of your primary home, or a money making scheme that exploits housing somebody else could live in?

[-] arthur@lemmy.zip 27 points 8 months ago

Someone who hords houses.

If you have an beach house that you uses every year, and rents it when it's not using or you have one second house that you got from a deceased family member... If you need to work to maintain this second house...

That's fine. It will not cause a inflation on the house market, it's not just an investment.

In my city (not in US), there are a booming market of very small apartments that rich people buy just to protect their money from inflation. As result, higher prices, less units available for the general public, and the new units that are available are terrible.

[-] Dasus@lemmy.world 27 points 8 months ago

Worst fucking strawman I've seen.

[-] Phegan@lemmy.world 26 points 8 months ago

If you are making money on a place where someone lives then it all counts.

Airbnb is worse than traditional landlords because they remove supply for people to live (excluding shared spaces).

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[-] antlion@lemmy.dbzer0.com 26 points 8 months ago

Billionaires have a completely different level of capital as the doctors, lawyers, engineers, and business owners who have $1-5 million in assets. I’m not going to fault somebody for being successful and using their money to buy capital to make more money. Billionaires are the only ones who should be named, shamed, and blamed. It’s an entirely different level of greed and exploitation, because it’s totally needless. It’s like you already won capitalism, but that’s not enough, no, you have to rig it so that nobody else ever wins like you did. Those people are so rich they can employ bot farms to throw fuel on the social media fires that keep us all hating each other instead of them. It’s pretty simple. Don’t trust anybody with a private jet.

[-] Cowbee@lemmy.ml 25 points 8 months ago

Landlords are landlords. Rather than simply guillotine landlords forever, it's better to have publicly owned housing. It's not really a gray area, the system itself is fucked and should be abolished, but exists precisely because publicly owned housing isn't widespread yet.

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[-] Glytch@lemmy.world 21 points 8 months ago

AirBnB landlords are even worse than traditional landlords (although there's a lot of crossover between the two) because the overly high rates they charge for short-term leases are increasing the prices of long-term leases as well.

[-] ___@lemm.ee 21 points 8 months ago* (last edited 8 months ago)

The bottom line. We devised a system (note, it’s not some natural system, people made this) that allows a finite resource to be claimed indefinitely.

A developer comes and builds an apt complex, then collects rent on it FOREVER. The initial value they added to housing flexibility and additional housing expires, but the value they extract does not.

As available land disappears over time (which all finite resources do when being consumed), wealth inevitably coalesces to the owners. It seems fair at first, but it ignores what makes an economy work. It allows people to not work and extract value from others over time. It is not sustainable.

You can own an entire forest just so you can enjoy a stroll by yourself, while an entire group of people are left on the outside owning nothing. If you can’t use your land and block access, you’re hurting society more than helping.

It’s somewhat like an insidious monopoly growing slowly. Rent to own as an option is a much better system.

[-] Gabadabs 18 points 8 months ago

Deserving of the guillotine? What? This question doesn't feel sincere, and I wonder whether you're really going to be trying to understand other people's reasoning. I'll bite though. We have enough homes for everyone to have their own home, but a very large number of people rent or are homeless. Big corporations buy up all the property and convert it to rentals so even those who can afford to buy property have a very hard time finding anything, and what's available has jacked up prices. We're talking people like blackrock. THOSE people can burn in hell, those people are taking advantage of every single person who rents from them. It's a scale, you know. Blackrock is evil - my grandpa who rents out his old house is not, even if I disagree with the fact that he's renting at all. Charging someone enough to pay the mortgage and give you a paycheck is well... I mean it's demanding more money than what the property is worth from someone. They'd be better off without you there as a middle-man. At best you're taking advantage of a small number of people, at worst you're literally blackrock. There's no reason a single person should not have their own home, because we already have enough homes to go around.

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[-] DandomRude@lemmy.world 18 points 8 months ago* (last edited 8 months ago)

This doesn't seem like an open question to me.

[-] Omega_Haxors@lemmy.ml 17 points 8 months ago* (last edited 8 months ago)

Official communist stance: Corporate landlords who spend all their resources into buying more houses to price everyone out of the market. Renting out a single room out of your family house is immoral, but doesn't hold a candle to the absolute evil of corporate landlords.

Remember: Communists don't give a shit about individuals; that's liberalism. They care about systems and dismantling them. It's those who throw themselves in front of those systems to defend them who end up becoming causalities. There are plenty of examples in socialist history where the most evil of abusers would willingly give up their power (out of cowardice) and would ultimately go on to live a normal life. Perfect example of this was the literal king of China who the figurehead of the system oppressing them. When the communists won they gave up their power and their response was pretty much "You had no way of knowing what you were doing was wrong, we're going to teach you why it was wrong" and even though it was a LOT of work, they did eventually get the picture and integrated into post-monarchy society.

TL;DR don't die on the hill and you won't die on the hill

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[-] Chewget@lemm.ee 15 points 8 months ago

Airbnb isn't ethical and definitely a landlord but worse than long-term rental landlords, unless it's also your home (so not all the time) or a guest house. Banning short term rentals lowers rent and decreases homelessness.

[-] i_stole_ur_taco@lemmy.ca 15 points 8 months ago

The answer to this question is hugely region dependent, so you’ll probably get vastly different answers that are all still valid.

Where I’m from, we’re in a housing crisis. There aren’t enough homes for everyone, property prices have ballooned well beyond reasonable year over year, to the point that anyone under 40 will not be able to buy their own home in their lifetime unless they have rich parents or work very very high paying jobs.

In this climate, someone buying a house so they can charge an insanely high rent (because rents and property values are closely linked) is… I’m not sure what the word is, but they’re clearly more driven by personal gain than any sort of common good.

Airbnb is the same issue when you have such limited housing supply. Someone else isn’t in a house because that house is off the market for people to live. There’s a reason why Airbnb is tightly restricted and banned in many cities.

Now while your stereotype landlord might be a lazy, parasitic ghoul, the fact of the matter is people need to rent just as much as they need to own. If someone owns another piece of property and they rent it out and maintain it, it’s kind of difficult to complain too much about it.

I know people who have had fantastic landlords that kept up the properties, did proactive upgrades, and seldom raised rents. I also know people whose landlords broke the law many times by refusing to deal with maintenance problems on a timely basis, increased rent by the maximum legally allowed amount every year, and were quick to evict the tenants because “family was moving into the home” (they didn’t). You get a great mix of shitheads and good people in any market.

The people arguing at either far end of the spectrum can easily be ignored. At best they have an axe to grind and use every opportunity to engage in hyperbole to support their naive position. At worst they’re trying to manipulate public opinion for their own purposes. At any rate, the more extreme and absolute an opinion you read online, the more easily you should be willing to reject and ignore it.

Ok, but all that nuance aside, if someone comes up to me and asks “Landlords. Guillotine or no?” then I’m going to say “guillotine!” because there wasn’t any room left for a conversation.

[-] DavidDoesLemmy@aussie.zone 14 points 8 months ago

Man there's so much indiscriminate hate in here. I rent out an apartment to some tenants, and I rent myself, elsewhere. So I'm both a landlord and a tenant.

The rent I receive doesn't even cover the cost of the apartment. I'm losing money on it every year. So I'm subsidising someone's housing.

So why all the hate?

I like moving around so I'm not going sell and buy every couple of years.

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[-] deathbird@mander.xyz 14 points 8 months ago

When AirBNB first arrived, I think we thought it would be a tool to let people rent a spare room in their house short term to travelers, with a built in system for reviews and reputation building to ensure that it's safe for both parties.

Turns out it's a platform that enables wannabe real estate moguls to buy up housing and convert it into unlicensed hotels for a tidy profit.

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[-] undergroundoverground@lemmy.world 13 points 8 months ago

People extorting money due to the finite nature of land, for the sole reason of having been born with better access to capital.

It's just making money, due to having money. They didn't invent anything, they didnt discover and invest in an emerging company. They didn't do anything innovative or clever. Anyone born to wealth could have done it. Which is why those are, by far and away, the vast majority of landlords.

Even a Conservative, union busting aristocrat like Churchill knew how bad landlordism was and landlords have been hated throughout all of human history. It's only the current neoliberal plague who've attempted to moralise it with rich people worship and bootstrap paradoxes.

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[-] sleepybisexual@beehaw.org 13 points 8 months ago

It applies to anyone who has a property they only use to generate income via rent

Hotels are a gray area as they provide some amount of service

[-] hanrahan@slrpnk.net 11 points 8 months ago

Needs socialised and subsidized; food, water, shelter, healthcare for example

Wants, not socialised

An example?

https://www.theguardian.com/lifeandstyle/2024/jan/10/the-social-housing-secret-how-vienna-became-the-worlds-most-livable-city

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this post was submitted on 01 Apr 2024
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