this post was submitted on 18 Oct 2023
1253 points (93.2% liked)
Political Memes
5520 readers
1776 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Saying landlords are renting and then subletting makes it sound like they're double dipping, just a passive middle man contributing nothing. They're not renting from the state, they're the owners who take on all the risk and other costs associating with full ownership. They pay for maintenance, they're subject to value changes in real estate markets. They bear the cost if someone builds a dump next door and tanks their value. Their asset is very un-liquid. The tenant can walk away from the property somewhat easily, but the landlord has to find a buyer.
Of course, some landlords actually do nothing. As long as we have a healthy competitive market where people can relatively easily build new housing, this competition would punish landlords who don't provide a good product. Unfortunately in a lot of the US building new housing is very difficult due to NIMBYism, zoning restrictions, and sometimes too harsh environmental or historical review.