“I retired when I was 45, so your check covers the mortgage and my living expenses” - my landlord
She was upset that I auto-payed on the end of the month because she needed it to clear so she could pay her mortgage and rent. She bought in HCOL when it was cheaper, realized how much she could rent it for, “retired”, and then moved to LCOL. Landlords are cool.
Fucking amen… We aren’t giving a portion of the wheat we harvest to the landlords, but we’re effectively doing the same thing. Half of my buying power goes right to the landlord…
And to just +1 what the other commentor said, my landlord too depends on my income to pay her mortgage as did the last 3 landlords I had… So glad I could help four fucking people pay for their mortgage while I’ll never have a home of my own.
Except this is real. Land"lords" are parasites on our society. They could easily be replaced by an overseeing body or really nothing at all would even be better.
Facts. There’s really no excuse for being a landlord. Even the “mom and pop” ones people are sucking off in this thread are a fucking scourge who are hoarding resources and exploiting the working class. I don’t care how sweet and polite they might be about it.
The only good landlord is…
Edit: Blocklist fodder itt, so many greasy bootlickers…
It’s hilarious how many people are trying to defend landlords like they’re actually somehow good for society.
Outside of the rare landlord-as-a-roomate to afford the mortgage scenario, landlords and renting are a solution to a problem they’re creating themselves. They benefit property owners and developers, while creating housing environments that encourage the rest of us to be dependent on them until they day we die.
Yeah, it’s pretty disgusting and disappointing to see that here. I just had some bootlicker write a novel about how his father in law was “one of the good ones.”
My FiL owns a few properties that he rents out. He “retired” at 49. Now he spends most of his day, every day, either improving empty/not ready properties, or maintaining the currently rented properties. The people he rents to simply cannot afford a house, at any price, or they do not have the time and skills or maintain their own home. He’s only evicted one person in his time as a landlord, literally because the tenant didn’t pay for 6 months, turned the property into a drug den and went on the run when the police tried to serve a warrant.
I get that landlords on the surface level can be seen as predatory, and I agree that there are a disproportionate amount of scum and anti-humam business drones in the rental business; but its important to remember that there are genuine people who buy, maintain and rent out properties so that their community isn’t rife with dangerous dilapidated buildings filled with squatters.
Anyone who buys housing to rent it out is a part of the problem. Housing is a basic human right, not an investment.
Unless your fil was providing housing for free, fuck him, and fuck off with the classist shit about squatters. I’d take a million squatters over one landlord.
The people who owned and lived in it would maintain it, because it would be their home and they own it. He only has to maintain it because he’s getting other people to pay for it for him as an investment. The building wouldn’t just poof disappear if it were owned by a housing coop, and people could actually be earning equity with their living situation instead of paying for your FIL to spend 95% of his time fucking around doing nothing and 5% fixing leaks or whatever.
Landlords are leeches. They’re not valid by any stretch of the imagination. Even the “good ones” are exploitative.
I’m just not willing to downplay this just because someone has a hard time accepting that a friend or loved one who’s a landlord is a colossal piece of excrement.
What service do landlords offer? Every property I’ve ever rented myself or seen from my friends is falling apart and shitty for an insane amount of money each month. If landlords charged half as much as they do maybe you’d have a leg to stand on.
Rental property owners charge for the service of providing housing. Home Depot charges for the service of renting their tools. The bouncy house places charge for the service of renting their bouncy houses.
You aren’t doing yourself any favors bringing home depot into this, the owners are also greedy cunts.
There’s also a huge difference between something that protects you from the elements and renting a tool. There is no fundamental need for a tool, there is a fundamental need for shelter.
With how invested you are on your side, I wouldn’t be surprised to see you admit that you’re a landlord.
What service? They own something I need to live. Landlording is inherintly exploitative, there is really no way I can think of that renting out a property is ethical.
Before you say no I can’t live in a tent or my car that’s a crime. Sure technically I could but I wouldn’t be able to park or put up a tent without tresspassing or violating a no parking order, also not allowed to live in a caravan park either.
They provide a place to live that you can move into almost immediately with little upfront money, and with no worry about any maintenance costs that are associated with owning a property.
It’s very useful for social mobility as it allows people to move around for work relatively easy if they plan on relocating, especially when they’re young.
Buying a property not only takes a sizeable upfront amount of capital but it’s also a very slow process. I think it took 6 or 7 months for us to go from putting an offer in to getting the keys.
That’s the service and that’s why a rental market is important. I’m not defending scrupulous landlords here, they’re 100% an issue and there definitely needs to be changes to address that.
Problem is that the upfront cost for renting is still steep. One months rent as a deposit (which 9/10 you won’t even get back even if you left the property pristine) on top of your first months rent is quite expensive, and most mortgage payments people make are also usually cheaper than what they would pay renting but they do not have the startup capital to even get on the ladder.
you also have to ask permission to even decorate the place and more than likely if you do you then have to put it back the way it was. So you are stuck with lovely magnolia walls, and if you want to redo the bathroom you best be careful that the landlord doesn’t decide your renovations increased the value and charge you more rent because of it.
Of the people I know who rent, which is basically everyone in my age bracket, they want to own a property but cannot afford to it’s a massive issue.
I agree buying properties takes ages I cannot dispute that, and you can still get screwed by unscrupulous sellers.
The place I live now is the best rented property I have and that is only because the estate agents actually listen to me and fix issues promptly. Which as far as I am concerned is the bare minimum which most just don’t do, you also have no recourse because the landlord has way more power over you.
Don’t get me started on flat inspections every 3 months is a piss take.
No, owning rental property is not exploitative. It gives people a choice of where to live. No one rental property is required for anyone to live – there’s millions of choices in the United States alone for places to live.
And yes, camping is legal. People camp every single day in the United States. And yes, people own RVs. They live in them and travel around the country. This is legal. Both of these give even more options for places to stay.
It doesn’t though you get a property you don’t own and you enrich someone else instead of making enough money to actually own a property which you won’t be able to afford anyway
Good for the USA I suppose not for me though, and that falls apart if the person wants to live in or near a city
Owning a property means shelling out money, sometimes unexpectedly. The furnace goes out in the middle of winter? Better fix that quick. Don’t have the money? Let it get to freezing now your pipes burst and that’s just thousands of dollars more to spend on top of the thousands of dollars to replace the furnace.
If I owned the property I could get the boiler fixed faster but seeing now I have to wait on the landlord and hope he understands the urgency, or I fix his property and good luck for me getting that money reimbursed.
Yeah. I think there is a pretty big difference in the dynamic between a person who owns and directly manages rental properties and a corporate land lord that exists purely to extract as much money as possible from a tenant.
Ya, I don’t love the mom and pop landlords who own a few rental properties as a way to actually retire at a reasonable age. They aren’t the same as fucking blackrock and the other corporate landlords who grew at exponential rates after the 08 collapse and have worked so hard to make housing unaffordable. At least the small guys seem to give a shit about their property even if they’re scumbags. So if there’s a water leak, mold etc they’re probably more interested in fixing it so it doesn’t get worse.
I think it’s the “said no land Lord ever” bit. There’s a lot of investment property owners with hundreds of units that can be shady AF. It’s just tough to be the " I can handle this mortgage if I get a basement suite rented out and work really hard" and get lumped in.
If it is the landlord’s primary home then they should not be lumped in. Renting out a room to help pay mortgage on the home you live in is not the problem. It’s the second homes, the third, fourth, tenth, hundredth homes where it is an issues, and I do think we can lump all of those together. They are using our limited housing supply as a portfolio piece, inserting themselves as profit-driven middle-men and making it less attainable for lower income families.
Entities that buy and own homes purely for “investment” at any scale are the problem. For-profit housing should not exist at any level. Want to own a second home and rent it out to cover the costs? Sure, but require that it be a non-profit.
The corporate owners and management companies have always been the problem. Individual owner landlords of course have a risk of being picky, nosey and overbearing, but 99% of the time they just want to preserve the investment value of their property while ensuring it pays for itself instead of being a huge money pit. Corporations are in it to maximize profit extraction by doing the minimum legally required maintenance (if even that), and literally nothing else.
Yeah one of my better landlords was a sparky that worked hard af. This is Aus though so might be different. Any time we reported shit with the house he was out the immediately when he didn’t have a job to fix it personally and you could tell he was hot shit at his work too because he had his own business.
Mine did, but the guy was a Shoe maker all his life and got basically no Pension money. On the other side my rent was pretty low and he repaired my shoes from time to time (for free) was a very nice guy as well.
“You know I don’t work an depend on your paycheck”
Said no landlord ever. This is almost as bad as the persecution fetish religious memes, same energy.
“I retired when I was 45, so your check covers the mortgage and my living expenses” - my landlord
She was upset that I auto-payed on the end of the month because she needed it to clear so she could pay her mortgage and rent. She bought in HCOL when it was cheaper, realized how much she could rent it for, “retired”, and then moved to LCOL. Landlords are cool.
She didn’t retire, she just found a serf to do the job for her.
Move that autopay to the last millisecond, friend.
Fucking amen… We aren’t giving a portion of the wheat we harvest to the landlords, but we’re effectively doing the same thing. Half of my buying power goes right to the landlord…
And to just +1 what the other commentor said, my landlord too depends on my income to pay her mortgage as did the last 3 landlords I had… So glad I could help four fucking people pay for their mortgage while I’ll never have a home of my own.
Murica!
Except this is real. Land"lords" are parasites on our society. They could easily be replaced by an overseeing body or really nothing at all would even be better.
Facts. There’s really no excuse for being a landlord. Even the “mom and pop” ones people are sucking off in this thread are a fucking scourge who are hoarding resources and exploiting the working class. I don’t care how sweet and polite they might be about it.
The only good landlord is…
Edit: Blocklist fodder itt, so many greasy bootlickers…
It’s hilarious how many people are trying to defend landlords like they’re actually somehow good for society.
Outside of the rare landlord-as-a-roomate to afford the mortgage scenario, landlords and renting are a solution to a problem they’re creating themselves. They benefit property owners and developers, while creating housing environments that encourage the rest of us to be dependent on them until they day we die.
Yeah, it’s pretty disgusting and disappointing to see that here. I just had some bootlicker write a novel about how his father in law was “one of the good ones.”
Capitalism has rotted their minds.
My FiL owns a few properties that he rents out. He “retired” at 49. Now he spends most of his day, every day, either improving empty/not ready properties, or maintaining the currently rented properties. The people he rents to simply cannot afford a house, at any price, or they do not have the time and skills or maintain their own home. He’s only evicted one person in his time as a landlord, literally because the tenant didn’t pay for 6 months, turned the property into a drug den and went on the run when the police tried to serve a warrant.
I get that landlords on the surface level can be seen as predatory, and I agree that there are a disproportionate amount of scum and anti-humam business drones in the rental business; but its important to remember that there are genuine people who buy, maintain and rent out properties so that their community isn’t rife with dangerous dilapidated buildings filled with squatters.
Anyone who buys housing to rent it out is a part of the problem. Housing is a basic human right, not an investment.
Unless your fil was providing housing for free, fuck him, and fuck off with the classist shit about squatters. I’d take a million squatters over one landlord.
The housing literally wouldnt exist if he didn’t maintain them. It takes work to keep a building standing. He deserves to get paid for his work right?
The people who owned and lived in it would maintain it, because it would be their home and they own it. He only has to maintain it because he’s getting other people to pay for it for him as an investment. The building wouldn’t just poof disappear if it were owned by a housing coop, and people could actually be earning equity with their living situation instead of paying for your FIL to spend 95% of his time fucking around doing nothing and 5% fixing leaks or whatever.
Just curious, do you eat meat?
Make everything black and white and then plug your ears when anyone brings in nuance.
Sounds about right.
Landlords are leeches. They’re not valid by any stretch of the imagination. Even the “good ones” are exploitative.
I’m just not willing to downplay this just because someone has a hard time accepting that a friend or loved one who’s a landlord is a colossal piece of excrement.
Yeah, like that.
Everything you said is a lie. There’s no exploitation. Paying rent is trading money for a service.
What service do landlords offer? Every property I’ve ever rented myself or seen from my friends is falling apart and shitty for an insane amount of money each month. If landlords charged half as much as they do maybe you’d have a leg to stand on.
Landlords provide housing.
No they don’t, they charge people to live in property that they own. That’s not “providing” housing, that’s profiting off of someone else’s need.
Rental property owners charge for the service of providing housing. Home Depot charges for the service of renting their tools. The bouncy house places charge for the service of renting their bouncy houses.
shelter is a human necessity. It is wrong to hoard shelter while there are people who have none.
You aren’t doing yourself any favors bringing home depot into this, the owners are also greedy cunts.
There’s also a huge difference between something that protects you from the elements and renting a tool. There is no fundamental need for a tool, there is a fundamental need for shelter.
With how invested you are on your side, I wouldn’t be surprised to see you admit that you’re a landlord.
So they’re giving the housing to those in need for free, or at the very least at cost? That would be “providing” housing.
That’s not the definition in the slightest. You don’t seem to have an understanding of what a landlord does.
A land lord does fuck all.
No they steal housing and extort its use
There’s no stealing and no extorting. The only ones who steal are tenants who don’t pay rent.
Only two kinds say that, parasites and bootlickers, which are you?
Capitalist brainrot is real, holy shit
Ew. What a gross little parasite they are… Like watching a leech suck the blood out of a person and saying at least it lowers their blood pressure…
They are my first block on Lemmy just cause they are clearly mentally deranged
But don’t you understand? This is a mom-and-pop leech, so that makes it ok
What service? They own something I need to live. Landlording is inherintly exploitative, there is really no way I can think of that renting out a property is ethical.
Before you say no I can’t live in a tent or my car that’s a crime. Sure technically I could but I wouldn’t be able to park or put up a tent without tresspassing or violating a no parking order, also not allowed to live in a caravan park either.
They provide a place to live that you can move into almost immediately with little upfront money, and with no worry about any maintenance costs that are associated with owning a property.
It’s very useful for social mobility as it allows people to move around for work relatively easy if they plan on relocating, especially when they’re young.
Buying a property not only takes a sizeable upfront amount of capital but it’s also a very slow process. I think it took 6 or 7 months for us to go from putting an offer in to getting the keys.
That’s the service and that’s why a rental market is important. I’m not defending scrupulous landlords here, they’re 100% an issue and there definitely needs to be changes to address that.
Problem is that the upfront cost for renting is still steep. One months rent as a deposit (which 9/10 you won’t even get back even if you left the property pristine) on top of your first months rent is quite expensive, and most mortgage payments people make are also usually cheaper than what they would pay renting but they do not have the startup capital to even get on the ladder.
you also have to ask permission to even decorate the place and more than likely if you do you then have to put it back the way it was. So you are stuck with lovely magnolia walls, and if you want to redo the bathroom you best be careful that the landlord doesn’t decide your renovations increased the value and charge you more rent because of it.
Of the people I know who rent, which is basically everyone in my age bracket, they want to own a property but cannot afford to it’s a massive issue.
I agree buying properties takes ages I cannot dispute that, and you can still get screwed by unscrupulous sellers.
The place I live now is the best rented property I have and that is only because the estate agents actually listen to me and fix issues promptly. Which as far as I am concerned is the bare minimum which most just don’t do, you also have no recourse because the landlord has way more power over you.
Don’t get me started on flat inspections every 3 months is a piss take.
No, owning rental property is not exploitative. It gives people a choice of where to live. No one rental property is required for anyone to live – there’s millions of choices in the United States alone for places to live.
And yes, camping is legal. People camp every single day in the United States. And yes, people own RVs. They live in them and travel around the country. This is legal. Both of these give even more options for places to stay.
It doesn’t though you get a property you don’t own and you enrich someone else instead of making enough money to actually own a property which you won’t be able to afford anyway
Good for the USA I suppose not for me though, and that falls apart if the person wants to live in or near a city
Paying rent is trading money for a service.
Owning a property means shelling out money, sometimes unexpectedly. The furnace goes out in the middle of winter? Better fix that quick. Don’t have the money? Let it get to freezing now your pipes burst and that’s just thousands of dollars more to spend on top of the thousands of dollars to replace the furnace.
If I owned the property I could get the boiler fixed faster but seeing now I have to wait on the landlord and hope he understands the urgency, or I fix his property and good luck for me getting that money reimbursed.
I was gonna say, I’m a landlord and I work Monday to Friday… and I rely on your rent check.
Yeah. I think there is a pretty big difference in the dynamic between a person who owns and directly manages rental properties and a corporate land lord that exists purely to extract as much money as possible from a tenant.
Ya, I don’t love the mom and pop landlords who own a few rental properties as a way to actually retire at a reasonable age. They aren’t the same as fucking blackrock and the other corporate landlords who grew at exponential rates after the 08 collapse and have worked so hard to make housing unaffordable. At least the small guys seem to give a shit about their property even if they’re scumbags. So if there’s a water leak, mold etc they’re probably more interested in fixing it so it doesn’t get worse.
Exactly what I was getting at. Funny how we’re saying the exact same thing but I’m getting slammed, isn’t it.
I think it’s the “said no land Lord ever” bit. There’s a lot of investment property owners with hundreds of units that can be shady AF. It’s just tough to be the " I can handle this mortgage if I get a basement suite rented out and work really hard" and get lumped in.
If it is the landlord’s primary home then they should not be lumped in. Renting out a room to help pay mortgage on the home you live in is not the problem. It’s the second homes, the third, fourth, tenth, hundredth homes where it is an issues, and I do think we can lump all of those together. They are using our limited housing supply as a portfolio piece, inserting themselves as profit-driven middle-men and making it less attainable for lower income families.
Entities that buy and own homes purely for “investment” at any scale are the problem. For-profit housing should not exist at any level. Want to own a second home and rent it out to cover the costs? Sure, but require that it be a non-profit.
The corporate owners and management companies have always been the problem. Individual owner landlords of course have a risk of being picky, nosey and overbearing, but 99% of the time they just want to preserve the investment value of their property while ensuring it pays for itself instead of being a huge money pit. Corporations are in it to maximize profit extraction by doing the minimum legally required maintenance (if even that), and literally nothing else.
Yeah one of my better landlords was a sparky that worked hard af. This is Aus though so might be different. Any time we reported shit with the house he was out the immediately when he didn’t have a job to fix it personally and you could tell he was hot shit at his work too because he had his own business.
Is a sparky an electrician in Australia?
It’s considered more polite than “elekchicken.”
Seriously lemmy disappoints me.
Most of Lemmy’s users disappoint me.
Humanity disappoints me
All the time while also being insanely inspirational on small scale
Mine did, but the guy was a Shoe maker all his life and got basically no Pension money. On the other side my rent was pretty low and he repaired my shoes from time to time (for free) was a very nice guy as well.