Elmo: Let me introduce you to the revolutionary who taught me all this.
*knocks on trash can
I'm not sure if this is an Oscar reference or a Zizek reference and either way I'm here for it.
I like to think you'd find both of them inside the trashcan of ideology.
Great theory until you get removed from your home trying to make a point because the family of 3 with nowhere else to go doesn't have the luxury of caring about things like this thanks to the broke ass system we all reside in.
Great theory until you get removed from your home trying to make a point
https://en.wikipedia.org/wiki/Rent_strike
When you get the whole building involve, it can be surprisingly effective.
the family of 3 with nowhere else to go doesn’t have the luxury of caring about things like this
You don't think a family of 3 cares when their rents double over five years while their wages barely budge?
It is virtually impossible to work individually against landlords. Instead, form or join a tensnts' union. And maybe some orgs opposed to landlordism.
They're describing a job in that scenario too lol.
Yes, people lose their shit once they stop doing their job lol. Landlords in their version are effectively building mechanics and paper pushers keeping their property above board so people can live in it. Most of them I knew all had jobs outside of it too because it doesn't pay the bills lol.
Yes, it would be phenomenal if they dropped all their extra money into the stock market like your average person but they diversified or put it into equity instead since they didn't trust stock or had houses willed to them.
I get when people talk about slumlords, or giant corpos. But I've had to quote it before that the lionshare of them are people like I mentioned above with corpos buying out more and more in recent years because they're just as poor as everyone else.
Meanwhile even the most liberal people on here get baited thinking they're scum. Meanwhile billionaires are still laughing at the poors fighting each other thinking one job is better than other or villifying entire professions still.
Unionize. Reform land and property ownership. Vote in as many Progressive > Democrats to help make that happen. Vote yes on school ballot measures even if you get taxes. Run for government yourself if you loathe who represents you. Grassroot campaigns are hard as hell with a huge uphill battle, but poor people aren't excluded from government.
Meanwhile billionaires are still laughing at the poors fighting each other thinking one job is better than other or villifying entire professions still.
Landlording isn't a job.
I mean, this is how businesses work in general. If you don't buy their products/services, then they wouldn't be able to continue providing them.
I understand that we're trying to draw attention to exploitative landlords, but if anyone can afford to keep their property regardless of whether or not you pay rent, it's the exploitative ones.
The problem is that landlords don't create value, they seek to endlessly profit off of one time labor. Rent-seeking creates no real Value of any substance.
That's the naivete of the Internet talking. Of course landlords create value; they do so in exactly the same way lenders create value: they absorb risk by amortizing upfront costs and charge a premium to do so.
If you didn't agree that it's an ethical way to participate in the economy, say that. Don't try to pass off a moral judgment as an objective truth.
There's no Value created by risk, that's an ad-hoc justification for profiting endlessly off of labor performed one time long ago.
car and house Insurance both provide value by reducing the capital investment required to continue having an item, landlords reduce the upfront cost of housing by charging a continuous fee instead of a lump sum.
Insurance is perhaps the peak of Financial Capital masquerading as Value.
Houses are not "one time labor.". Housing requires constant scheduled maintenance and upkeep over time.
Not to mention the financing required to pay for it all,which is normally spread over 30 years.
Building a house is one time. Maintenance creates Value, yes, but one only needs to compare the cost of maintaining a house with the cost of renting it to see that the vast majority of profits come from rent-seeking. It's non-productive extraction.
They do create value. They provide maintenance free housing as well as short term housing (short term as in 1-3 years.) Not everyone wants to stay in the same location for 5+ years. If you move around alot It you want to rent is usually the better option.
Now sure you could argue they are over charging for that service but that doesn't mean they aren't providing value.
The only reason why we are having issues is because there is a housing shortage that is raising the price and large companies have taken advantage of this by buying up all the houses at the crazy price and renting them out at crazy rent prices eating up the market for actual people to want to buy a house.
They do create value. They provide maintenance free housing as well as short term housing (short term as in 1-3 years.) Not everyone wants to stay in the same location for 5+ years. If you move around alot It you want to rent is usually the better option.
The ability to rent is useful, but the idea that endlessly profiting off of the same property and doing minor maintenance is creating Value is silly. There's no Value being created through simply owning something. Maintenance creates Value, yes, but that does not make up anywhere close to the profit of landlording.
No. It's not large companies. It's a sickness inherent in the system and exactly what this is taking about. The only service being provided is leveraging their own credit to get a mortgage from the bank and then paying that mortgage and taxes with rent. They do that because it will decrease supply and increase value. And that's a parasitic practice done not just by large companies by any means. In my city they even subcontract for maintenance and also pay for that out of the rent. If we're doing this shit, why exactly aren't we just letting the renters own their equity for paying the goddamn mortgage. It's a disgusting system.
They provide maintenance free housing...
Keep in mind this isn't always the case. Landlords where I used to live are increasingly requiring tenants to pay for some maintenance costs. A past landlord had us pay for anything $300 or less.
Generalizations that are oversimplified to the point of lacking all nuance are probably untrue because there are bound to be exceptions. Instead, try including 'many', 'most', or such as an easy remedy.
Specifically, landlords can create value when they handle property management and maintenance (and the related costs) efficiently. It is wrong that greed has made that so rare.
Generalizations that are oversimplified to the point of lacking all nuance are probably untrue because there are bound to be exceptions. Instead, try including 'many', 'most', or such as an easy remedy.
The act of landlording creates no Value. There isn't a "most" there, because it creates no Value, period.
Specifically, landlords can create value when they handle property management and maintenance (and the related costs) efficiently. It is wrong that greed has made that so rare.
Maintenance workers create Value, yes. Landlords are not creating value, here, the workers are. Landlords often pay management firms as well, cutting out all personal involvement. The minor, administrative labor does create Value, but that is incredibly small in the scope of the money expropriated from the renters.
Greed didn't make this happen, Capitalism did. The Mode of Production naturally led to this, it isn't a case of especially greedy people taking power.
Stop paying rent to see who loses their home. It's an ugly system.
Who forecloses on the tenant? The landlord
Who forecloses on the landlord? The bank
Who actually performs the eviction? The sheriff's office
Who therefore truly controls the property?
Is it Elmo?
Yes.
Corporate landlords who pick up the property at collapsed values and maximize rent to suppress the ability for these folks to buy property again?
ALAB.
No they aren't all bad. I've had good ones. They were there for us at the drop of a hat to fix things, they didn't over charge. We paid rent on time and they gave us good references for the next places we would move to. My friend currently rents a 1 bedroom apartment for 800$ in a six unit building. They asked the landlord why they don't charge more when they could easily ask 1500$ plus. He said he knows he could but he also is aware that's not in the budget for a lot of Canadians right now. So he only asks for what he needs to cover his own costs. Would you say that landlord is bad? My friend can't afford the upkeep of unexpected home maintenance and utilities on her current budget.
So you prefer having a millionaire landlord, noted..
I think the trade is, you take on the purchase of the house, and the landlord takes on all the downside risk.
I think the trade is, you buy the landlord a house, the landlord gets a house, and the landlord gets the capital gain on the house.
No, the taxpayers take on the risk because the landlord uses an LLC.
..So you're not living in the house in which you pay rent? You're paying for the landlord to live there?? Then where do you stay??? What is this logic??? It doesn't make sense.
