this post was submitted on 23 Apr 2024
374 points (81.8% liked)

Lefty Memes

3809 readers
35 users here now

An international (English speaking) socialist Lemmy community free of the "ML" influence of instances like lemmy.ml and lemmygrad. This is a place for undogmatic shitposting and memes from a progressive, anti-capitalist and truly anti-imperialist perspective, regardless of specific ideology.

Serious posts, news, and discussion go in c/Socialism.

If you are new to socialism, you can ask questions and find resources over on c/Socialism101.

Please don't forget to help keep this community clean by reporting rule violations, upvoting good contributions and downvoting those of low-quality!

Rules

0. Only post socialist memes That refers to funny image macros and means that generally videos and screenshots are not allowed. Exceptions include explicitly humorous and short videos, as well as (social media) screenshots depicting a funny situation, joke, or joke picture relating to socialist movements, theory, societal issues, or political opponents. Examples would be the classic case of humorous Tumblr or Twitter posts/threads. (and no, agitprop text does not count as a meme)

1. Socialist Unity in the form of mutual respect and good faith interactions is enforced here Try to keep an open mind, other schools of thought may offer points of view and analyses you haven't considered yet. Also: This is not a place for the Idealism vs. Materialism or rather Anarchism vs. Marxism debate(s), for that please visit c/AnarchismVsMarxism.

2. Anti-Imperialism means recognizing capitalist states like Russia and China as such, as well as condemning (their) imperialism, even if it is of the "anti-USA" flavor.

3. No liberalism, (right-wing) revisionism or reactionaries. That includes so called: Social Democracy, Democratic Socialism, Dengism, Market Socialism, Patriotic Socialism, National Bolshevism, Anarcho-Capitalism etc. . Anti-Socialist people and content have no place here, as well as the variety of "Marxist"-"Leninists" seen on lemmygrad and more specifically GenZedong (actual ML's are welcome as long as they agree to the rules and don't just copy paste/larp about stuff from a hundred years ago).

4. No Bigotry. The only dangerous minority is the rich.

5. Don't demonize previous and current socialist experiments or (leading) individuals. We must constructively learn from their mistakes, while acknowledging their achievements and recognizing when they have strayed away from socialist principles.

6. Don't idolize/glorify previous and current socialist experiments or (leading) individuals. Notable achievements in all spheres of society were made by various socialist/people's/democratic republics around the world. Mistakes, however, were made as well: bureaucratic castes of parasitic elites - as well as reactionary cults of personality - were established, many things were mismanaged and prejudice and bigotry sometimes replaced internationalism and progressiveness.

7. Absolutely no posts or comments meant to relativize(/apologize for), advocate, promote or defend:

(This is not a definitive list, the spirit of the other rules still counts! Eventual duplicates with other rules are for emphasis.)

founded 1 year ago
MODERATORS
[email protected]
374
Get rid of landlords... (lemmy.world)
submitted 2 months ago by [email protected] to c/[email protected]
100 comments fedilink hide all child comments
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 1 points 2 months ago* (last edited 2 months ago)

And you're now suggesting that instead of renting, property owners should hold the notes on subprime mortgages?

By and large, renters already have subprime credit. Landlords are already taking the risk on renters who would be subprime borrowers. That's how they are making their money: exploiting people who don't have the savings or income to qualify for lending.

Landlords aren't taking on any additional risk by lending to them vs renting to them. They are actually reducing their risk, as the same person as a buyer has more to lose than they would as a renter. Further, a stable mortgage payment becomes more affordable over time, as the borrower's income increases.

and that's assuming the seller doesn't also lose the house at foreclosure, since a foreclosure is a public sale.

That's the stupidest thing you've said. Yes, it's a public sale, and the beneficiary of that sale is the lender. The first bid at a foreclosure sale is always the lender, who bids what they are owed, including the foreclosure costs.

The only way the seller loses the house is if someone over bids them (or they are too stupid to bid the full amount they are owed) But if they are overbid, they receive the proceeds from the sale, and are made whole.

You don't get to talk about damage to the property: landlords have the same risk. The cost and process of a foreclosure is similar to that of an eviction, and the higher interest rate the buyer is paying more than covers it. Further, you're ignoring mortgage insurance that buyers would have to pay for as well.

And the owner-occupier thing? You know people can lie about their residency and building occupancy, right

Sure. That would be tax fraud. Property taxes are public records. Anyone can look up who was claiming what. Including the actual occupant of the property you say you live in, or the neighbor you pissed off. And when they look it up, you're on the hook for all the credits you claimed.

I'd sooner let it sit empty.

That attitude is a problem. You are contributing to the problem. You should be financially discouraged from this problematic course of action.

, it destroys class solidarity thay would otherwise exist between small landowners and renters.

There is no class solidarity between renters and landowners, nor should there be. The relationship of landowner to renter is the same as the relationship between tick and dog, fly and horse, mosquito and human.

Much like "impoverished child" or "battered spouse", "renter" is a class that should not exist, and for much the same reason.

Solidarity between the people you describe is best achieved by converting the renters into landowners.