Please use gender neutral inclusive language, instead of landlord, use the gender neutral term, landleech.
We don't have an instance stance on landlord apologia, but maybe we should make one, based on the number of people from other instances defending these mooching rent-seeking parasites.
i hope you do; seeing it is a depressing reminder of how much americans think that exploitation like this is okay and even more depressing to see people exploited like this want to perpetuate it.
Landlord said to me "property tax has gone up. This is my only form of income. Will need to increase rent"
Told him "yeah, everything has gone up and my paycheck is still the same".
Like, these types of relationships are so parasitic. This is the "nice" mom and pop style landlord too that every liberal seems to want to give a pass too.
Sure, are they less bad than the big corporate faceless landlords? Yes. But the entire relationship is the problem.
They get to justify forcing me out of my home because the value of the house that they own WENT UP.
That's why their property tax is more. They literally own something that is more valuable and making it further impossible for me to ever buy a place of my own.
You know what's the fastest way to make landlords disappear? Ask about some broken shit around the house that they are required by law to fix. Radio silence for months guaranteed. Until the next rent increase of course.
For a lot of them, they don't even care if there's tenant turnover, especially if its a high-demand area. There's no incentive to fix a broken AC; the tenants already signed the year lease. They can get to it next year when its time to clean up the place for the re-listing.
If it's a longer term tenant, the landlord is actually disincentivized from fixing the AC, because they can fix the AC and jack the rent way up as soon as the old, abuse tenant inevitably leaves.
One of my friends suffered through this during the recent heat wave. They've been told there's no budget for AC despite a recent $50 rent hike.
Their landlord is an independently wealthy multimillionaire — they don't even need the money!
How do people still argue that landlords are useful and necessary?
By being landlords or personally knowing landlords.
I swear my uncle is a good landlord. Keeps prices low, I swear he doesn't rip off his renters. He would never do that.
If there were as many good landlords as I have heard this story we wouldn't have any problems Kyle, sit the fuck back down.
Assuming this comment isn't ironic: there is no such thing as a good landlord. Landlords are parasitic middlemen who live by leeching off the value created by workers. They contribute no value whatsoever.
This is admitted even in mainstream economics, its termed rent-seeking.
The people saying that are usually hoping to become landlords themselves.
And then they raise rent. For what? They haven't upgraded anything. They haven't added any of that value to the property. Every year the house gets older. Cars lose value every year even if you maintain it perfectly.
And then they try to fuck you over when you leave the place by pinning all the costs of normal dilapidation on you. Fortunately where I live the law forbids it but it doesn't stop them from trying every time.
When I married my wife and she moved in we tried renting out her house with a property management company. She got one tenant and had that tenant for over 2 years with no complaints and we never raised the rent, just enough to cover taxes going up too.
But when we wanted to move to a larger house we gave her an 8 month notice we couldn't renew since the market is so bad and we needed to sell. And my wife wasn't profiting at all, she was still in the red from the repairs and setting up the house to rent out. We offered her like $10k off the price.
Anyway long story short, the tenant gave us hell for those 8 months, and when she moved out we found she never complained about anything because she ignored all the problems which made things worse and the house needed thousands of more dollars to prepare and sell.
She'll never try being a landlord again, she hated it and the tenant shit talked her "landlord" on Facebook all the time like she was some evil monster.
I don't know how anyone else does the landlord thing, this must be all the ones run by evil corporations.
This was a house my wife bought for like $150-180k originally.
Cry us a river
No sympathy for landlords.
No sympathy lmao, you dont get to cry
Standard rent is at least 1-1.5% of current not original value per month and taxes are about that per year.
you probably bought for 150 you earned 100,000 when it ballooned up to 250k rented it for at least 2500 a month x24 months or 60,000 paid 6000 each to taxes and management pocketed another 48,000
When you sold realizing that cool 100k you naturally had to do all the repairs and upkeep you had been putting off so you ended up coming out of pocket for "thousands"
In the end you netted 140k for doing 10 hours work once whereas the median worker earns 200-250
You probably charged here so much to ensure you made the "market rate" eg people like you that she had no funds saved to actually move and you probably nickel and dimed her deposit away for stuff that was actually on you.
Where am I wrong?
Owning 1 extra property and renting: Okay
Owning apartment complex and renting: Okay
Owing millions of single family homes and duplexes and rent hiking/price hiking the entire market: not okay
Owning 1 slave: Okay
Owning a dozen slaves: Okay
Owning hundreds of slaves: not okay.
/s obviously
/uj
Of course slavery and landlordism aren't identical in every respect, but they both are based on a parasite class doing no work, and extracting labor value from people who do. Large-scale vs small-scale doesn't make landlording any more ethical.
If i had Jeff Bozos money, I'd buy a bunch of houses and offer them to the homeless to get the back into society. Fucking bozo Bozos is. And that's why I'll never have Jeff Bozos money.
Capitalism rewards the worst most selfish hoarders of wealth. How can we build a system like this and expect this type of altruism? Makes no sense. The system was always broken.
Oh, I know. I was just explaining why I’ll never be a billionaire. I care about people. Sad that that’s a fact of life
"understood, create a factory town and offer housing in exchange for employment." ~ Bezos
I know this will be downvoted to hell, but this whole let's rally against landlords is kind of stupid in my opinion.
You can say the exact same thing about a bank that gives you a lone, they do zero work and get money.
Or a company that leases or rents out cars.
For a landlord you can make the argument that a home is a primary life necessity. But when you borrow money from a bank it's pretty much the same thing.
Some people don't want to stay in a place too long and like the option to rent. Also it's not like a landlord hard zero risks, you can get tenants that are horrible and trash a place.
Just to be clear I'm not a landlord myself, but also not someone that just hates them because it's a thing now.
I think we should make the same argument against banks, leasing, and other highly financialized capital.
Also it's not like a landlord hard zero risks
Then they should sell instead of renting.
Once again, may I introduce you to GEORGISM.
Please, I know lemmy is a bit left leaning, and georgism are mostly libertarians/liberal, but the ideology is so centrist and common sense I'm sure even far left communist advocates can get behind it.
