I just saw this post about landlords being parasitic. While I agree in some points - mainly that by owning more property than you need for yourself, you’re driving up the price for others who want to buy a property. However, I don’t want to buy property when I move. I don’t have the funds for it, and I’m happy with a rented flat. Sure I want to get my own property at some point, however I’m also sure I want to move at least two more times in my life. Buying and selling each time sounds like a lot of hassle. Also, I live in a shared flat, that just sounds like a legal nightmare if the ownership changed every time someone moved out. How does this fit together? Are there solutions to this that don’t require landlords to exist?
Driving up the price is good for builders which is then good for buyers and renters. Nothing wrong with owning and renting homes.
What kind of mental gymnastics are you doing to come to the conclusion that higher prices are good for renters lol
Well, you see, when rich people get richer, the wealth, like, trickles down or something.
Maybe in the form of rain water from your leaky roof 😅
It’s already explained. More builders, more homes, more choices.
You forgot the most important thing for you, “more boots to lick.”
Not my kink but we don’t kink shame.
Bootlicker- noun someone who seeks favor or goodwill in a servile, degraded way; toady: He comes across as a facile bootlicker, someone who would do anything like a lapdog to please somebody in the chain of command.
Can you give us an example of a country where this is happening?
More builders. More homes being given the “contractor special” no renter asked for to justify raising the price. I added a Ring doorbell and Nest thermostats so it’s a SMART home now, please up!
Except they’re all bought out. There aren’t “more choices.” There are fewer, because now your options are “be notably wealthy” or “get fucked.”
The problem is that housing prices rise due to a shortage of homes, and a big issue is that there’s not enough land in populated areas to just build more housing.
No worries, fam, I got you fixed up.
Clearly that’s not how the real world works lol
You are correct that there’s nothing wrong with being a rental property owner.