Hard to feel bad for a fucking landlord. Get a real job loser.
“I don’t have empathy for others who are better off than I am. Work hourly as a W2 like the rest of us instead of using systems, tax codes, and laws in place by the government to generate a better life for yourself while growing society.”
Ah yes, all I have to do is pretend landlords are “growing society” instead of buying up properties with the sole intention of making money off of people who cant for a myriad of reasons out of their control. One of those reason being real estate “investors”.
And what about the squatters? They are doing what you said, using the local systems and laws(squatters rights) to generate a better life for themselves. So it’s fair game right?
Sure, I’ll give you that. The squatters are also taking advantage of the system for gain. But then I ask, imagine your home, or your workplace. Do you possibly work in construction? In an office? Perhaps in a leased retail space? How would you feel if a squatter took residence in your employee break room? Could you honestly say you would feel the same way?
I’m not going to feel bad for my employer having to go through the legal channels to remove a squatter in this hypothetical because it would have been their failure to provide a safe working environment that caused it to happen.
And I’m not here in support of squatters, simply to point out that this person is in a situation he created because he chose to become a landlord in a strained housing market with record high homelessness. The squatters are definitely still legally wrong. But in my opinion, buying homes with the sole intent of renting it out is morally reprehensible.
They aren’t growing shit. They are leeching off of people who actually work qnd majority of them do as little to improve these as they possibly can.
Explain to me who then takes responsibility to repair derelict properties into livable condition? The city? Local government? Would you take this on? What would you expect as compensation to take this on?
Well the landlords certainly don’t. I don’t give a shit about people taking advantage of others to generate a passive income for themselves without giving anything back in return while rents increase and just pocket in and continue screwing others over. Also companies buying up everything to artificially increase house costs can burn to the ground with the CEOs and executives inside.
The people who own them? What do landlords have to do with derelict properties anyway? Once repaired they could be sold or rented, but landlords are not the ones fixing up old houses…
edit below
Not one yet, I just understand how landlording and real estate investing works. Sure there are scum landlords out there, but what good do we bring the situation by demonizing an entire group, complaining online and cutting ourself off from the greater understanding of how things work and interplay in a complex society?
This could apply to any news or situation. Have you ever considered that maybe there is more to understand than what you currently know? Have you considered the strength of the force that the way information is presented upon you can have on your perspective, attitudes, and beliefs about a situation? News articles have a tendency to use this in an effort to weaponize your emotions against something or someone, or to distract you from other causes.
In this case, perhaps it has succeeded in manipulating your emotions to blindly attack me without fully and coherently understanding the situation.
Edit: take these arbitrary downvotes for example. They communicate what is called a “social proof” to you that I am wrong, subverting your own free thinking and making potentially yourself as well as others stop and simply shortcut to agree the same.
while growing society
How is increasing the price of housing (by pulling houses off the market and renting them out to make a profit) “growing society”?
Take the money from small projects like single family rentals and use them to fund larger projects by using leverage. That’s the only way cities and apartment buildings, or commercial spaces like shopping malls are able to be funded and built. Same as you taking money from a small thing (e.g working and saving a down payment) and using leverage to finance a new car. A profit is needed in these cases as it maintains incentive for maintaining homes and investing in the creation and rehabilitation of additional living spaces.
The primary issue right now from my best knowledge is that there simply isn’t enough supply of homes and living spaces available, leading to increased demand, and willingness to pay a higher price. Investors partially solve this issue by funding new developments and high density dwellings like apartment complexes. If you ever take an economics class, you will learn the simple truth that the value of something is only up to what people are willing to pay. If demand is lowered, people, as a whole are less likely to pay for the price being asked, and the seller will need to continue lowering, and lowering their price to find what the buyer will willingly pay. This is part of the reason that we have the consequence of high interest rates at the moment as well.
If rentals were useless they would not exist in a given market, but they serve a need.
Yes, we are well aware that exploitation of the working class is the starting point for a lot of our power structures.
