It is absolutely a job if you personally handle upkeep. Managing something is still a job. Although if you outsource every aspect of it I would consider it more an investment.
It is always an investment that requires work to be put into it, but you doing the work isn’t an inherent component, you can always pay someone to do it for you.
Just rephrasing what you said in a way I think you’d agree with to repeat the point that it is always an investment.
Why are we gatekeeping the word job? all a job is “a task or piece of work, especially one that is paid” that seems to fit the definition of a homeowner renting out their property.
You’re just not getting like, a basic political economy concept.
Regardless of whether the investor also does the job of maintaining the property, the property they invested in is an investment. Investments always require some sort of work on someone’s part.
Also you were the one gatekeeping the word investment
Something can be both an investment and a job. If you found a startup, for instance. I just don’t get the meaningless arguments about how maintaining a property isn’t a job. If it requires you to work, then it’s a job.
Oh, looking back you were objecting to “being a landlord isn’t a job it is an investment”
We’ve had a semantic misunderstanding. I think what the op was trying to say is that being a landlord is a property relation, and you were saying “but if can also be a job” and if you want to analyze social relations I’d argue that it’d be confusing to call maintaining property as being a landlord. You could say that some land managers are also landlords, or that some landlords are also land managers?
The job in that case is property management, not being a landlord in and of itself. If you do upkeep yourself as in renting out a basement or a second property, you’re technically both a landlord and a property manager. Homeowners can have property managers as well, such as in a condo, in that case the property manager is hired by the owners council and paid for with condo fees.
The “professional” landlords, the type that are hated by far the most, hire dedicated property managers who do basically everything (up to and including approving new renters and evicting people in some cases) and basically the only thing the actual landlords personally do is hold the deed, which is why those businesses are called holding companies.
it’s not a job. it’s an investment.
basically like trading or renting out equipment.
(but yeah treating homes people live in as investment is pretty fucked up, as that leads to poor treatment of tenants)
It is absolutely a job if you personally handle upkeep. Managing something is still a job. Although if you outsource every aspect of it I would consider it more an investment.
It is always an investment that requires work to be put into it, but you doing the work isn’t an inherent component, you can always pay someone to do it for you.
Just rephrasing what you said in a way I think you’d agree with to repeat the point that it is always an investment.
Why are we gatekeeping the word job? all a job is “a task or piece of work, especially one that is paid” that seems to fit the definition of a homeowner renting out their property.
You’re just not getting like, a basic political economy concept.
Regardless of whether the investor also does the job of maintaining the property, the property they invested in is an investment. Investments always require some sort of work on someone’s part.
Also you were the one gatekeeping the word investment
Something can be both an investment and a job. If you found a startup, for instance. I just don’t get the meaningless arguments about how maintaining a property isn’t a job. If it requires you to work, then it’s a job.
Something can be both an investment and a job. I do not know why you were saying “it is a job not an investment” originally.
where did I say that
Oh, looking back you were objecting to “being a landlord isn’t a job it is an investment”
We’ve had a semantic misunderstanding. I think what the op was trying to say is that being a landlord is a property relation, and you were saying “but if can also be a job” and if you want to analyze social relations I’d argue that it’d be confusing to call maintaining property as being a landlord. You could say that some land managers are also landlords, or that some landlords are also land managers?
The job in that case is property management, not being a landlord in and of itself. If you do upkeep yourself as in renting out a basement or a second property, you’re technically both a landlord and a property manager. Homeowners can have property managers as well, such as in a condo, in that case the property manager is hired by the owners council and paid for with condo fees.
The “professional” landlords, the type that are hated by far the most, hire dedicated property managers who do basically everything (up to and including approving new renters and evicting people in some cases) and basically the only thing the actual landlords personally do is hold the deed, which is why those businesses are called holding companies.