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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] 16 points 3 days ago

Renting allows those without the needed capital to access a resource.

Backing out from that, one should question why shelter is a resource that someone cannot access on a minimum wage salary.

So, fundamentally, landlording isn't inherently evil, but it's presentation in the system is inherently corrupting. As in, at any moment that someone retains an excess of shelter they do not need, and instead rent it out, they are constraining the market for their own gain, at the detriment of others who in need shelter.

Next consider degrees of influence: large corporations buy up tons of units and exert inordinate power on the system. They systemically unbalance the purchasing ability of normal folk, due to process or sheer wealth. Fine, that's the high water of corruption. From there it's only shades of difference down to the mom and pop landlord. It's up to you to decide where they land on the scale.