Political Memes

Yeah, baffles me when people think that they're doing people a favor by being landlords. Like dude, you are trying to get rich, nothing more. You're not doing anybody anywhere any favors.

I like the unspoken part where the people who have lived in this home must vacate when she decides she wants to spend a few years living in the UK again. They should have to find new accommodation when it suits her, but she is not subject to such requirements.

Seems like there's a lack of understanding in this thread.

Someone who owns a duplex and rents half is not a problem. My barber, who moved to be closer to sick, aging parents, but did not sell their house in Asheville, because they want to retire there and won't be able to afford that if they sell now, is not a problem.

Corporations are the problem. They're buying up hundreds of thousands of properties, and why not? To a greedy corporation that only cares about money, it makes sense. If you sell a house, you make money once. If you rent a house, you have a subscription model and a revenue stream. Adobe did it with Photoshop. HP wants to do it with printers. Greedy Bastard Inc. wants to do it with housing.

Legislate big business out of housing. It's the only way to fix it.

The utter god-complex some of these people have

The real question is- where are those people going to live when you get back and evict them?

I’m in this situation and I’m renting out my house while working overseas, where I am living in a rental property. Just because the market has been perverted by capital doesn’t mean there aren’t legit purposes for a rental market.

The only value landlords have is that is easier to be transient and move around for work and stuff, and not be tied down.

It should be for those in that niche, not because home ownership is too hard to obtain.

If you live in the same town doing the same job, the only reason you should be renting is because you didn't like doing the extra work homeownership requires.

If anything beyond these niche is your market, fuck off.

lmao so retarded

"where would you live if I didn't own all the houses?"

IN MY OWN HOUSE, BITCH

thanks for trying to pass off you owning more houses than you can live in as a favour to me though, you fuckin fuck

Tbh this type of landlord isn't really the problem. It is the people who intentionally buy up masses amounts of housing just to rent out. Middle class people who have a heart using it for their own security is the ideal landlord situation.

Landlords are the most delusional class.

If I was a landlord, I'd make the serfs work the fields for even more profit. I mean, If I'm gonna be evil, I'm going all-in.

My family owns a few rental properties. It was the mechanism that allowed my grandfather who grew up in 1930s Mississippi working the same land his slave grandparents did to escape poverty and retire pretty well off. He moved to Chicago, worked as a garbage man, bought a 3 flat and lived in one unit and rented the other two. Eventually he invested his money in more properties and and had his lawyer buy his house in the racist suburb of Oak Park so my mother could grow up in relative comfort.

The company was never ment to extract unlimited profit, we actually had many unprofitable years due to demographics changes, recessions, maintenance, and poor tenants causing damage ( who flushes weave down the drain?). But in aggregate it's made enough to give stability, because being a landlord is always our side job.

During the pandemic my mother worked with all the tenants who lost their jobs or had limited or no income. Since none of our properties have a mortgage, she reduced rent to just enough to cover the insane Illinois property taxes and the shared utilities for the people that could pay. When the boiler went out she picked up a few extra nursing shifts with covid pay to cover it. When things returned to the new normal or when tenants found new work, she just had them resume normal rent without needing to pay any back rent in their lease.

You'd think we would be rewarded for doing the right thing and treating people with basic human decency, but no. When we applied for covid assistance, the money was gone. We then started to receive building violations for one of our properties is an up and coming area. The funny thing about these violations was that they were for items repairs 10 years earlier, and also for things we received city and used city grants and contracts to fix. Now we are currently in a legal battle with the city where they want us to take a $900k loan to fully renovated the building or have the city seize the property because it's a "crime den" in their words. Like how, we screen everyone, rent mostly to old people and single mothers, and have camera in public areas and around the buildings. We even routinely provide footage to the police when they request it, even though that means we have to buy a new DVR since we have yet to have one returned.

But ever since covid and this inspection bull, we get daily calls letters, emails from corporations expressing their interest in buying our not for sale property.

If it wasn't for hoarders I'd be able to afford a house. Shit my parents bought in 2003 and paid 233k, the fucking place is about a million now. They only make like $4 more an hour than they did in 2003, but because they were able to get in before it got stupid they are set.

Like shit it's an entire house and they pay what I'd be paying to rent a two bedroom apartment.