I think the pro-landlord commenters are missing the fundamental point:
In the “please pay me to live in my extra house” scenario, the problem is not that someone is renting your extra house. The problem is that you and others can afford to have multiple houses, so much so that the person renting your house cannot buy their first house. If the cost of houses increases as the availability of houses decreases, there is an obvious outcome to the richest people buying all the houses and renting them out.
Yeah I think people forget that these kinds of complaints and memes arent geared at the nice old lady who rents the unit upstairs and who,along with her husband, in the 60s/70s invested in some cheap real estate to help get them through retirement.
This is more he big boys and girls who have eviction down to a science, who dont repair things on time, who are hard to get a hold of, and who raise rent on the regular because despite their overhead remaining the same “everyone else is doing it so good luck!”
The irony is that a lot of the “pro landlord” development and laws favor the big wealthy LLCs and very rich individuals over the mom and pops supplementing their fixed incomes.
I don’t have an inherit problem with “mom and pop” landlords as a thing if they’re willing to actually do what they’re resposible for. Rental property existing isn’t the problem and fills a need for a lot of people. Renting (at sane rates that allow saving up a down payment) is a pathway to ownership. It’s a solution to people that aren’t planning on settling down in an area – like students and people working towards another career.
Price gouging and landlords screwing over tenants is an issue. Huge rental companies buying up everything they can is the problem. As is reality companies creating artificial scarcity and driving up prices on housing.
The problem is what’s it’s always been: unmitigated greed, primarily by the rich and powerful.
I think the pro-landlord commenters are missing the fundamental point:
In the “please pay me to live in my extra house” scenario, the problem is not that someone is renting your extra house. The problem is that you and others can afford to have multiple houses, so much so that the person renting your house cannot buy their first house. If the cost of houses increases as the availability of houses decreases, there is an obvious outcome to the richest people buying all the houses and renting them out.
Yeah I think people forget that these kinds of complaints and memes arent geared at the nice old lady who rents the unit upstairs and who,along with her husband, in the 60s/70s invested in some cheap real estate to help get them through retirement.
This is more he big boys and girls who have eviction down to a science, who dont repair things on time, who are hard to get a hold of, and who raise rent on the regular because despite their overhead remaining the same “everyone else is doing it so good luck!”
The irony is that a lot of the “pro landlord” development and laws favor the big wealthy LLCs and very rich individuals over the mom and pops supplementing their fixed incomes.
As a landlord (renting out my basement) Amen. Fuck people with multiple homes for the purpose of “passive income”.
I don’t have an inherit problem with “mom and pop” landlords as a thing if they’re willing to actually do what they’re resposible for. Rental property existing isn’t the problem and fills a need for a lot of people. Renting (at sane rates that allow saving up a down payment) is a pathway to ownership. It’s a solution to people that aren’t planning on settling down in an area – like students and people working towards another career.
Price gouging and landlords screwing over tenants is an issue. Huge rental companies buying up everything they can is the problem. As is reality companies creating artificial scarcity and driving up prices on housing.
The problem is what’s it’s always been: unmitigated greed, primarily by the rich and powerful.
As opposed to what? You’re either living with somebody for free or you’re homeless if not currently renting or owning.