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TheDemonBuer ,
@TheDemonBuer@lemmy.world avatar

I have a real problem with landlords. It feels like an especially predatory business. Some things just shouldn’t be for profit. I mean, when you own something that people universally need, and charge as much as you possibly can for it, to maximize your own profit, for nothing other than just being the owner, it feels really scummy.

shalafi ,

I own my home. I may rent it out when I retire because I sure as fuck won’t have any money. Maybe we’ll get an RV or move to the Philippines. Dunno. But I need to get paid on that home.

For one, renters are likely to fuck shit up, because it’s not theirs, they have no stake in the property. They may simply be ignorant and ignore problems that cost $100 to fix today, $1,000 to fix tomorrow. Also, I need to buy extra liability insurance.

Then there’s routine stuff. When my ex and I bought the place we took payday loans for 2-months just to get the tools and stuff we needed to care for the place. And nearly everything we bought was used. Paid them off responsibly and quickly, but it was costly.

Ever priced a new roof? Hell, within the last 30-days our sink stopped up, the washer died, fridge finally died. and that’s only the big stuff. Even buying off FB, that was $1,000 in new appliances and repairs. Oh, and the hot water heater leaks, but that’s under control for the moment. And the roof needs patched. I’m scared to even price that, can’t afford it ATM anyway.

So yeah, I need serious “profit” just to break even.

TheDemonBuer , (edited )
@TheDemonBuer@lemmy.world avatar

So yeah, I need serious “profit” just to break even.

That’s a contradiction in terms. To break even is by definition not a profit. To make a profit, you need a surplus after you minus expenses from revenue. If landlords were content to just break even, I wouldn’t necessarily have a problem with them. In fact, I think not-for-profit housing could go a long way in addressing the housing affordability crisis.

SoJB ,

Yeah you’re really not beating the allegations here, bud.

I hope that house turns you under.

metaStatic ,

price collusion is free speech, just ask the petrol stations

FlashMobOfOne ,
@FlashMobOfOne@lemmy.world avatar

I know that something like this won’t accomplish much, but like gun control, I’m a huge fan of making it terribly inconvenient to do the wrong thing.

It’s a shame that even in a place like San Francisco, it’s apparently impossible to enact rent control.

PP_BOY_ ,
@PP_BOY_@lemmy.world avatar

It’s a shame that even in a place like San Francisco, it’s apparently impossible to enact rent control.

It wasn’t until very recently that SF became synonymous with progressive politics like it is today. For most of the 20th century, it was a highly conservative, “rich people,” city. That kind of embedded wealth doesn’t just go away within a few decades, SF is still pretty conservative at its core.

FlashMobOfOne ,
@FlashMobOfOne@lemmy.world avatar

I didn’t know. Thanks for sharing.

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