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When leftists say "landlord are parasites" or similar dislike of landlords, do they also mean the people that own like a couple of houses as an investment, or only the big landlords? (lemmy.dbzer0.com)

submitted 3 days ago by [email protected] to c/nostupidquestions

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Reason I'm asking is because I have an aunt that owns like maybe 3 - 5 (not sure the exact amount) small townhouses around the city (well, when I say "city" think of like the areas around a city where theres no tall buildings, but only small 2-3 stories single family homes in the neighborhood) and have these houses up for rent, and honestly, my aunt and her husband doesn't seem like a terrible people. They still work a normal job, and have to pay taxes like everyone else have to. They still have their own debts to pay. I'm not sure exactly how, but my parents say they did a combination of saving up money and taking loans from banks to be able to buy these properties, fix them, then put them up for rent. They don't overcharge, and usually charge slightly below the market to retain tenants, and fix things (or hire people to fix things) when their tenants request them.

I mean, they are just trying to survive in this capitalistic world. They wanna save up for retirement, and fund their kids to college, and leave something for their kids, so they have less of stress in life. I don't see them as bad people. I mean, its not like they own multiple apartment buildings, or doing excessive wealth hoarding.

Do leftists mean people like my aunt too? Or are they an exception to the "landlords are bad" sentinment?

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[–] [email protected] 4 points 3 days ago* (last edited 3 days ago)

if the rents > mortgage, or youre doing some mostly non-existant rent to own plan, then parasite. Fundamentally speaking, its pretty fucked up that fundamental basic needs are treated as investments. At least with food, theres virtually always alternatives to get something cheaper, but that doesnt exist with some of the other forms of basic needs, and shelter is arguably the most important one of them.

The stock market was meant to be the location where people put money into investment. it's just housing got lucrative that parasites decided to pool their money into that instead of business. A consumer has the power to refuse to fund a specific business, they have very little control over keeping a roof over their heads, which is a huge problem.

You can be less of a leech against people by of course, like you mention, charging less, but using property as an investment is part of the reason why the system is fucked to begin with.

For example, even if you're charging less for rent vs other players, landlords are still likely voting against the public favor in terms of local measures in order to get places cheaper, in order to protect their "investment". It's a system designed to keep some people in while keeping others out.