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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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[–] Wogi 28 points 2 days ago

I your Aunt and Uncle are probably lovely people. They're trying to survive in the same system we're all stuck in.

Ask yourself this, who is paying the mortgage on those properties? If the renters can afford the rent, they can afford the mortgage and then some. Your aunt and uncle, and all landlords, are collecting a premium on housing, what do they actually provide? If they're trying to save for retirement, by renting homes, who's actually paying for their retirement? Will those people be about to afford to retire if they're spending so much on rent? They'll end up with nothing when they leave. Your aunt and uncle will still have 3 to 5 extra properties.

They own suburban townhomes, in some cases you find a renter who'd rather not own a home. In most cases, the market has progressed to a point where home ownership is impossible because people are hoarding homes and withholding access for rent.

It's an unethical system. Your aunt and uncle are small line landlords and a symptom of a larger problem. They're participating in an unethical system to gain an advantage, and it's hard to blame them for that. That doesn't make it ethical, or good.

Jefferson said he "participated in a broken system that he hated." In reference to slavery. He actively tried to reform that system and was rebuffed. He's still seen as a slave holding landed gentry today, and it remains a black spot on his (admittedly spotty) legacy. How are the people who owned 3 to 5 slaves different from those who owned 50? How are they compared to those who could afford and benefit to own slaves, and still advocated for abolition?