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To everyone who hates the concepts of landlords and rent, what counts as being a landlord? (sopuli.xyz)

submitted 8 months ago by [email protected] to c/[email protected]

253 comments fedilink hide all child comments

Does having an AirBNB setup make someone deserving of the guillotine or does that only apply to owners of multiple houses? What about apartments?

Please explain your reasoning as well.

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[+] [email protected] -14 points 8 months ago (1 children)

People have some myth of passive income. I sold all my rentals because they were taking to much time. I never turned a profit but it was good for my taxes. If you want to slum lord you can turn a profit but even I dislike those people.

[–] [email protected] 4 points 8 months ago (1 children)

Market rent is basically set by current home costs. Any long term owners who have 15+ year old tax base essentially get to pocket the difference due to lower property taxes. Any newer buyer who is renting can only cover costs.