So here’s a story from other side of a coin. When I got married I decided to get a small house in the suburbs as my work is remote so I can work from anywhere. But after getting a baby me and my SO decided that we would live near my in-laws house to help with taking care of my baby for the time being. So we rented a house near my in-laws and to keep the house occupied I decided to rent out the house for a cheap price. It’s basically half the market price. Soon enough I got a renter. Being too trusting of others I decided to not ask for a deposit because the people renting are basically a friend of a friend.
But after they finished their rental period when I came to the house it was basically wrecked, they destroyed the toilets, one of the doors, and generally left the place in shambles. It’s amazing what kind of damage you can do in a short period of time, and the amount of money that I spent fixing the damage is more than the rent money that I got.
I’ve had someone rent my apartment, stopped paying rent after a few months and then rented one of the rooms.
This went on for about 3 years until I was finally able to legally remove the person from there.
3years of losses + all the legal fees for about 3 or 4 months of rent. Plus I had to fix the walls.
Not all renters are like this of course.
I agree that some landlords are absolutely predatory and that the rise of Airbnbs is killing communities while increasing rent prices (at least where I’m from).
However, people complain about it but have never been on the other side.
I do my part by not being an ass and taking good care of my renters. They need something? I’ll fix it ASAP.
Also, taking into consideration their job situation, family and such. Sometimes they can’t fully pay rent, that’s fine. Pay me back next month or dilute it slowly over the next couple of months.
For instance, while rents have increased high as fuck, I haven’t increased his rent since 2019. I will probably increase it a bit this year but about 20€ at most.
Yep, my deal with my landlord is if there’s anything that needs fixing I’ll fix it myself and if I spend any money I’ll just forward him the invoice and he’ll deduct it from my rent. Although others don’t have the same situation as myself, I think there’s a place for landlords to exist.
I’ve done that with my renter as well (don’t know the English word lol).
Whatever he asks for in the end, I just deduct from the next couple of rent(s).
If it’s something he’s not comfortable doing I’ll hire a professional.
Yeah, damn those tenants who use their legal rights to actually get their landlords to maintain their own damn property. They’re just mean. If only all tenants just did free labour for their landlords, the world would be a better place.
Something almost exactly like that happened to me. I bought a house so my money wouldn’t be stagnant and didn’t wanna live away from my parents yet so I rented it. They totally fucked up everything in it.
Should have sold your house. Another person could have bought it. Being the owner, they would have more respect for it since it’s their loss of it gets wrecked. Adding another house to the market also increases supply and makes houses more affordable.
Your landlord also should have sold his house and you could have bought it instead of paying his mortgage.
The ethical use case for rentals is short and medium term for travelers and people who are in a place for a few months to a year.
Selling your home is not a solution. “Being the owner they would of had more respect for it” is a ridiculous notion to abide by. People will wreck their home as owners just as much as renting. You can easily just argue to have the tenant pay full cost for rent, pay full down payment and then maybe he would have respected how much he was paying for his living solution.
Do you not understand the costs of buying and selling a home? Having to deal with banks and lending? You think this is the solution every time someone or a family needs to make a living change?
The guy tried to rent out his property at a reasonable price because he didn’t want to go through the other route. Even without the absurd costs of closing and dealing with mortgage lenders and every party involved, the volatility of the housing market is enough to make people insecure.
I can tell the majority of people here aren’t home owners and hate landlords like some evil boogeyman but they’re conflating a single or 2 house owner with a renting conglomerate. Selling your home so there’s more homes on the market as a solution is equivalent to turning the water off while brushing your teeth to fight the dwindling supply of water.
Selling your home so there’s more homes on the market as a solution is equivalent to turning the water off while brushing your teeth to fight the dwindling supply of water.
Fucking EXACTLY. Every drop counts, not running the water uselessly for 4 minutes a day saves enough water for you to survive a full day. Sure there are people wasting more water and we need to spend more energy reducing their waste, but just because someone is worse than you doesn’t mean you’re “good”.
So you expect me to buy another house when my kid is old enough that I don’t need help from my in-laws and spend much more money after the housing price goes up.
My landlord is in a similar position as mine, soon after he bought the house I’m staying in he got assigned to work abroad for five years and decided to rent the house for cheap. I did the same expecting the tenants would act like me.
Man people hate owning property here. Selling your house because you needed to change living conditions for a while is wild. Besides the absolute volatility of housing markets and prices, just the cost of buying/selling a home is a ton. Renting is an easy way of what you did.
No way do these people think selling your home was the right idea in your position. And it’s not entitlement to want people to take care of property.
Landlords gonna landlord. You’re literally the guy in the meme “owning other people’s homes and complaining about it”
Basically you wrote a story where you’re the good guy who out of the goodness of his heart rented his only house at HALF MARKET VALUE just because you love the poor and want to help them. Then an EVIL NON LAND OWNING tenant moves in and destroys it for no reason. And you didn’t even make any money. What a disaster. Thankfully for your landlord you’re a good land owning tenant. If only all tenants were like you.
Dude, I’m literally renting the house for a couple of years before I move back in after my kid is older. What the fuck do you expect me to do? Do you know how much I rented the house at? Only for 2 months cost of the mortgage for a year.
Let me sum it up for you simply, if you bought a house for some price and then you need to move for a short time like 3-4 years, why the fuck should you sell the house?
So let me get you straight. If I needed to live somewhere else for a short time like 3 years. I’ll need to sell my house and then buy the same house again after 3 years for 50% more price?
No? Why would you need to buy the same house again?
Also you’re getting mad at the exact evil that makes renting the only option for some - the shitty housing market. It just so happens that landlords exacerbate the shitty market by being economic parasites. It doesn’t matter how well intentioned you are as a landlord, the concept of renting is parasitic.
It’s not the problem but it’s part of the problem. Obviously the problem is giant corporations buying up tons and tons of homes, basically hoarding property, and renting them for near-mortgage prices. But that doesn’t change the fact that the concept of renting out property, renting out a home, is parasitic.
No it’s not. Renting is a totally normal way to have a place to live without having to deal with banks and the mess that getting a mortgage or a loan causes. Some people prefer to rent because they just pay for the home and live there. Don’t have to worry about the rest that comes with home ownership and leave it to the owner.
Renting as a business or corporation should absolutely be outlawed. Apartments should be owned by the tenants. Condos and HOA’s should be owned by the community they serve.
So here’s a story from other side of a coin. When I got married I decided to get a small house in the suburbs as my work is remote so I can work from anywhere. But after getting a baby me and my SO decided that we would live near my in-laws house to help with taking care of my baby for the time being. So we rented a house near my in-laws and to keep the house occupied I decided to rent out the house for a cheap price. It’s basically half the market price. Soon enough I got a renter. Being too trusting of others I decided to not ask for a deposit because the people renting are basically a friend of a friend.
But after they finished their rental period when I came to the house it was basically wrecked, they destroyed the toilets, one of the doors, and generally left the place in shambles. It’s amazing what kind of damage you can do in a short period of time, and the amount of money that I spent fixing the damage is more than the rent money that I got.
Yep. I’ve had something similar happen to me.
I’ve had someone rent my apartment, stopped paying rent after a few months and then rented one of the rooms. This went on for about 3 years until I was finally able to legally remove the person from there. 3years of losses + all the legal fees for about 3 or 4 months of rent. Plus I had to fix the walls.
Not all renters are like this of course.
I agree that some landlords are absolutely predatory and that the rise of Airbnbs is killing communities while increasing rent prices (at least where I’m from). However, people complain about it but have never been on the other side.
I do my part by not being an ass and taking good care of my renters. They need something? I’ll fix it ASAP. Also, taking into consideration their job situation, family and such. Sometimes they can’t fully pay rent, that’s fine. Pay me back next month or dilute it slowly over the next couple of months. For instance, while rents have increased high as fuck, I haven’t increased his rent since 2019. I will probably increase it a bit this year but about 20€ at most.
Yep, my deal with my landlord is if there’s anything that needs fixing I’ll fix it myself and if I spend any money I’ll just forward him the invoice and he’ll deduct it from my rent. Although others don’t have the same situation as myself, I think there’s a place for landlords to exist.
I’ve done that with my renter as well (don’t know the English word lol). Whatever he asks for in the end, I just deduct from the next couple of rent(s).
If it’s something he’s not comfortable doing I’ll hire a professional.
Yeah, damn those tenants who use their legal rights to actually get their landlords to maintain their own damn property. They’re just mean. If only all tenants just did free labour for their landlords, the world would be a better place.
What a fucking joke.
Dude, if you get to rent a place for half the market price, just try to be a decent person okay?
Something almost exactly like that happened to me. I bought a house so my money wouldn’t be stagnant and didn’t wanna live away from my parents yet so I rented it. They totally fucked up everything in it.
Should have sold your house. Another person could have bought it. Being the owner, they would have more respect for it since it’s their loss of it gets wrecked. Adding another house to the market also increases supply and makes houses more affordable.
Your landlord also should have sold his house and you could have bought it instead of paying his mortgage.
The ethical use case for rentals is short and medium term for travelers and people who are in a place for a few months to a year.
Selling your home is not a solution. “Being the owner they would of had more respect for it” is a ridiculous notion to abide by. People will wreck their home as owners just as much as renting. You can easily just argue to have the tenant pay full cost for rent, pay full down payment and then maybe he would have respected how much he was paying for his living solution.
Do you not understand the costs of buying and selling a home? Having to deal with banks and lending? You think this is the solution every time someone or a family needs to make a living change?
The guy tried to rent out his property at a reasonable price because he didn’t want to go through the other route. Even without the absurd costs of closing and dealing with mortgage lenders and every party involved, the volatility of the housing market is enough to make people insecure.
I can tell the majority of people here aren’t home owners and hate landlords like some evil boogeyman but they’re conflating a single or 2 house owner with a renting conglomerate. Selling your home so there’s more homes on the market as a solution is equivalent to turning the water off while brushing your teeth to fight the dwindling supply of water.
Fucking EXACTLY. Every drop counts, not running the water uselessly for 4 minutes a day saves enough water for you to survive a full day. Sure there are people wasting more water and we need to spend more energy reducing their waste, but just because someone is worse than you doesn’t mean you’re “good”.
So you expect me to buy another house when my kid is old enough that I don’t need help from my in-laws and spend much more money after the housing price goes up.
My landlord is in a similar position as mine, soon after he bought the house I’m staying in he got assigned to work abroad for five years and decided to rent the house for cheap. I did the same expecting the tenants would act like me.
Man people hate owning property here. Selling your house because you needed to change living conditions for a while is wild. Besides the absolute volatility of housing markets and prices, just the cost of buying/selling a home is a ton. Renting is an easy way of what you did.
No way do these people think selling your home was the right idea in your position. And it’s not entitlement to want people to take care of property.
Landlords gonna landlord. You’re literally the guy in the meme “owning other people’s homes and complaining about it”
Basically you wrote a story where you’re the good guy who out of the goodness of his heart rented his only house at HALF MARKET VALUE just because you love the poor and want to help them. Then an EVIL NON LAND OWNING tenant moves in and destroys it for no reason. And you didn’t even make any money. What a disaster. Thankfully for your landlord you’re a good land owning tenant. If only all tenants were like you.
What a joke.
Dude, I’m literally renting the house for a couple of years before I move back in after my kid is older. What the fuck do you expect me to do? Do you know how much I rented the house at? Only for 2 months cost of the mortgage for a year.
Let me sum it up for you simply, if you bought a house for some price and then you need to move for a short time like 3-4 years, why the fuck should you sell the house?
Entitlement is a hell of a drug. I deserve to live wherever it’s easiest for my family, obviously. You don’t though.
Imagine complaining about having to buy a house in a bad market while also complaining about being a landlord
So let me get you straight. If I needed to live somewhere else for a short time like 3 years. I’ll need to sell my house and then buy the same house again after 3 years for 50% more price?
No? Why would you need to buy the same house again?
Also you’re getting mad at the exact evil that makes renting the only option for some - the shitty housing market. It just so happens that landlords exacerbate the shitty market by being economic parasites. It doesn’t matter how well intentioned you are as a landlord, the concept of renting is parasitic.
A man owning a home and renting it out isn’t the problem and you know it.
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It’s not the problem but it’s part of the problem. Obviously the problem is giant corporations buying up tons and tons of homes, basically hoarding property, and renting them for near-mortgage prices. But that doesn’t change the fact that the concept of renting out property, renting out a home, is parasitic.
No it’s not. Renting is a totally normal way to have a place to live without having to deal with banks and the mess that getting a mortgage or a loan causes. Some people prefer to rent because they just pay for the home and live there. Don’t have to worry about the rest that comes with home ownership and leave it to the owner.
Renting as a business or corporation should absolutely be outlawed. Apartments should be owned by the tenants. Condos and HOA’s should be owned by the community they serve.