No Stupid Questions

Why don't you ask them?

it is not possible to have a property as an investment, without screwing someone else over. So yeah, her too.

Making money on the back of someone else with little to no work of yours is parasitic. Having enough money at one point in life to become a parasite doesn't change anything.

Owning your place to live should be a right. Anyone who holds more housing stock than they personally need and who will only let it out if there's profit on their investment (because if it's an investment, then there is an expectation that the line must always go up, which is also very inflationary), tightens the market and makes it harder for other people to become a home owner.

The big difference between renting and paying of a mortgage, is that by paying off the mortgage, the home owner has build up equity and secured a financially more secure future. But if someone is too poor to get a mortgage to afford the inflated house prices (inflated because other people treat it like an investment), then in the current system they pay rent to pay off the mortgage/debt of their landlord and after the renter has paid off their landlord's mortgage, they'll still be poor and without any equity themselves.

It's a very antisocial system. And with landlords building up more and more equity on the backs of people who are unable to build up equity themselves, there's a good reason why landlords are often said to be parasitic.

I would argue that nobody should own a home they don't actually live in. All renting out does is increase the housing cost overall because nobody would ever operate at a loss or to break even. This is the issue people have with say, Blackrock who buys hundreds of homes at a time and rents them out.

Your family aren't bad people but the business they decided to take up is inherently bad by design. If the law changed tomorrow saying all multi homes must sell to non homeowners, everyone would watch prices drop and be able to afford it.

Using homes as an investment is at its basics, exploiting a need by interpreting it as a want or practical goods. Homes are for living in. The housing industry views homes like commodities as if people have a wide choice and selection when it's really "Omg we can afford this one that popped up randomly, we have 12 hours to decide if we want to pay 50k more to beat others away" and then lose anyway after bidding to Blackrock who pays 100k over asking.

Ideologies tend to sort people into a limited number of overly simplistic categories. This makes theorising easier but applying it to reality much harder.

Very few people could live in a capitalist system and remain pure. e.g. My pension fund is invested in the stock market so I very partially own thousands of companies. I've also purchased a small amount of shares in selected companies, a situation I had more agency in creating. Sometimes I subcontract work to other contractors who function as my temporary employees. And so on.

No.

I of course can't speak for anyone except myself, but for me, what your aunt is doing is what essentially capitalism is all about.

Its when those landlords get replaced by venture capital corporations and reits that it becomes a problem.

In your aunts case, the rent money stays local, contributes back to the local economy, etc...

In the case of venture capital and corporate ownership, the only goal is to increase a stock price for a corporation. None of that money gets returned to the local economy except for possibly hiring a local property management firm to handle things on the ground for them.

When capitalism remains about people, all of good. When corporations take the reins of ownership so their profit becomes the sole motive is when things go bad.

I don't know if I'm leftist, but the US spectrum is well right of most of the world.

The question is multi-layered. Your aunt may or may not be a bad person, I don't know her. Them renting out property may or may not be for good reason, even if they're doing it to "survive" in the capitalistic economy.

The real issue is that capitalism itself is exploitative, and (depending on where you draw the line) participating may fall under being complicit.

My understanding of parasitism is extracting resources for their own benefit, with little to no benefit for the exploited/system.

The first hint of parasitism is amassing resources they aren't using for living. Your aunt and husband made surplus money to be able to afford buying the properties. Unless they did that by extracting resources, refining them, working them and making provisions for them to be recycled and ecologically compensated - others will have had to pay the cost. Either by working harder than them, or suffering more than them, for example due to an imbalance of ecology. This is one form of parasitism.

Another perspective of parasitism is inserting themselves as a middle party. Your aunt almost certainly isn't providing the housing at cost, where rent barely covers their labor and property upkeep. That means they are keeping someone from a home, unless they pay extra to your aunt. Just like a bully.

Now, this doesn't mean that your aunt has any malicious intent. The point is that the system itself is evil, like a pyramid scheme of bullies, where each layer extracts something from each underlying layer. This is useful for making ventures, but at the cost of ever increasing exploitation and misery. Especially when capitalists are allowed to avoid paying for restoring the exploited, or incentivised to do it more. I'm sure you've heard of enshittification.

Now, example time!

I'm sure you've thought that air is important for you to survive. And maybe you've ever worried that traffic or other pollution might make your air less good for you?

Enter the capitalist! For a small premium we'll offer your personalised air solution, a nifty little rebreather loaded with purified air you carry with you all day. The price is so reasonable as well, for only $1/day you can breathe your worries away!

Now, producing the apparatus means mining and logging upstream of your town, removing natural air filtering and permanently damaging your environment, but they only charge for the machines and labor. Restoration is Future You's problem. Selling and refilling the apparatus happens to also produce pollution, making the air worse for everyone. But that makes the apparatus more valuable! Price rises to $2/day.

Competitors arrive, some more successful than others, all leaving ecological devastation and pollution that can't be naturally filtered. Air gets worse. One brand rises to the top, air is more valuable and lack of competition makes it so that air is now $4/day.

Then an unethical capitalist figures that if we just make the air slightly worse, profits will go up! They don't want to be evil, but cutting corners when upgrading the production facility means the pollution gets worse. Other adjacent capitalists see that they also can pollute more without consequences. Air gets worse and price increases to 6$/day.

Air is starting to get expensive, rebreather sharing services, one-use air bottles, and home purifyers crop up, increasing pollution and raising costs, air is now $8/day for most people.

People start dying from poor air, new regulations on apparatus safety and mandatory insurance come up, driving prices further to $10/day. You now also need a spare apparatus and maintain it in case your main one breaks down.

Etc.

The point of the example is that through a series of innocuous steps, all making perfect sense within capitalism, you are now paying $300/month more to live than before capitalism, with little real benefit to you, and no real choice to opt out.

Each and every step is parasiting on your life, by requiring you to work harder for that money, and/or suffer more due to pollution and ravaged environment.

The only solution to not work/suffer into an early grave is to have others work on your behalf, perpetuating the parasitic pyramid scheme. This is where your aunt is, is she evil? Probably not. Is her being an active part of an evil system bad? Yes, yes it is. Capitalism bad.

Landlords being parasites isn't even a leftist sentiment, it's common sense. Here's Adam Smith:

“As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed and demand a rent even for its natural produce.”

They are the only one of the three orders whose revenue costs them neither labour nor care, but comes to them, as it were, of its own accord, and independent of any plan or project of their own. That indolence, which is the natural effect of the ease and security of their situation, renders them too often, not only ignorant, but incapable of that application of mind"