this post was submitted on 22 Apr 2024
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A Boring Dystopia
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I don't get it.. if someone works and invests in a property, they pay a significant amount of money to have and maintain that property. If someone can only afford to rent for a short term period of time, what then? Is the next step that the person spending hundreds of thousands of dollars on a house supposed to just hand it over without selling it to a tenant? What is the alternative?
It is an investment, not a job. All investments generally exploit others (by "stealing" surplus value). Stuff like maintenance and even management of properties are jobs, but they don't require ownership of the property (in which case, some of the value of their labor is being stolen, assuming the landlord is making a profit/building equity in excess of rent).
Alternatives could be public housing, some type of housing cooperatives where tenants build equity which can be redeemed when they move, and probably many other systems I am unaware of.
most of my investments dont require me to fix a sink. or find someone to repair a leak that sprung in my cds.
"Stuff like maintenance and even management of properties are jobs, but they don’t require ownership of the property." You can hire a person or company to take care of everything; there's a whole industry around it.
yea sure i suppose if we move the goal posts it does fit.