• Fraylor@lemm.ee
    link
    fedilink
    arrow-up
    49
    arrow-down
    5
    ·
    1 year ago

    It’s almost like this shit shouldn’t be an investment at all.

    • Cleverdawny@lemm.ee
      link
      fedilink
      arrow-up
      7
      arrow-down
      28
      ·
      1 year ago

      Someone needs to build and rehab rental houses and put up with tenants. No one is going to do that for free.

      • Fraylor@lemm.ee
        link
        fedilink
        arrow-up
        22
        arrow-down
        5
        ·
        1 year ago

        Doesn’t need to be free, it also doesn’t need to be profit either.

        • Cleverdawny@lemm.ee
          link
          fedilink
          arrow-up
          6
          arrow-down
          24
          ·
          1 year ago

          Without profit, you’re asking for them to sell their labor and expertise for free. Profit is the compensation people gain for the risk of making an investment, for the time and expense of doing what is necessary to manage and actualize that investment, and their expertise in knowing how to do so properly.

          • Fraylor@lemm.ee
            link
            fedilink
            arrow-up
            22
            arrow-down
            3
            ·
            1 year ago

            Well, expertise is a very, very generous term to use for landlords in any way, shape, or form. And let’s be real, for how much profit they make off of the labor of other people, them having to break a nail wouldn’t kill anybody.

            • Cleverdawny@lemm.ee
              link
              fedilink
              arrow-up
              4
              arrow-down
              15
              ·
              1 year ago

              Depends on what they’re doing. Rehabbing a house that has been trashed or abandoned and doing so in a safe and efficient manner takes work and expertise.

            • Maalus@lemmy.world
              link
              fedilink
              arrow-up
              5
              arrow-down
              21
              ·
              1 year ago

              Have you ever been a landlord? It feels like you haven’t, and are just repeating buzzwords like “they dont work but get money!”.

              • Grayox@lemmy.ml
                link
                fedilink
                arrow-up
                5
                arrow-down
                1
                ·
                1 year ago

                Sure sounds like you have… have you tried getting fuxked lately?

              • lingh0e@lemmy.film
                link
                fedilink
                English
                arrow-up
                4
                arrow-down
                1
                ·
                1 year ago

                I have not been a landlord, but I’ve dealt with many… and the amount of sympathy I have for them has decreased exponentially.

      • Prandom_returns@lemm.ee
        link
        fedilink
        arrow-up
        8
        arrow-down
        4
        ·
        edit-2
        1 year ago
        1. The state
        2. The state.
        3. Not for free, but the state.

        Just like social housing. But for everyne.

        If you want to own a home, buy it from the state. If you can’t afford it, rent it from the state. If you want to buy it, but can’t afford it, do the bank thing, but with the state.

        • Cleverdawny@lemm.ee
          link
          fedilink
          arrow-up
          4
          arrow-down
          7
          ·
          1 year ago

          Yeah, uh huh, okay. So go do that if you really think you can come up with public housing that isn’t a fucking nightmare. And if you think you can get it passed. Until then, the rest of us have to live in the real world.

            • Cleverdawny@lemm.ee
              link
              fedilink
              arrow-up
              4
              arrow-down
              3
              ·
              1 year ago

              You want the state to have a monopoly on rental housing and the sale of houses. That’s what I read.

              • Prandom_returns@lemm.ee
                link
                fedilink
                arrow-up
                4
                arrow-down
                3
                ·
                1 year ago

                That’s correct. How is this “social housing nightmare”? Instead of the bank owning your house, the state will.

                • Cleverdawny@lemm.ee
                  link
                  fedilink
                  arrow-up
                  3
                  arrow-down
                  7
                  ·
                  1 year ago

                  Sounds awful. I don’t want ownership of my house to be exposed to malicious politicians and underfunded, incompetent bureaucrats following Byzantine regulations.