this post was submitted on 21 Jan 2024
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Fuck all landlords
No. There are good landlords. They’re definitely small scale. Normal homeowners that are able to scale their efforts to a few rental units. There’s also a real need for renting rather than owning.
The real problems are all large scale landlords and also bad landlords (of all sizes) that overcharge, abuse tenants, forgo maintenance, etc.
Yeah my FIL, just recently sold a condo in FL. He’s had it since the 1980s and for the last 25 years it’s been rented by an elderly woman for basically the cost of condo fees, taxes and maintenance (though I think he lost money upgrading the sliding door after a hurricane). It was supposed to be where he retired to (15 years ago), but his wife had Alzheimer’s, so he ended up selling it when his tenant finally died, and sunk all the profit right back into his wife’s nursing home.