Comment on Rent is theft
EncryptKeeper@lemmy.world 1 month agoPeople always say this as if renting isn’t the exact same way but without the benefit of equity.
Comment on Rent is theft
EncryptKeeper@lemmy.world 1 month agoPeople always say this as if renting isn’t the exact same way but without the benefit of equity.
FunkyStuff@lemmy.ml 1 month ago
I’ve left a ton of comments in this thread that essentially boil down to this. You’re exactly right. Owning a property comes with some operational costs, renting it out adds some operational costs too, but the whole point of being a landlord is that rent exceeds the sum of the operational costs, then there is some surplus that goes toward covering the capital expense of buying the property in the first place; once the capital is paid off, that surplus is pure profit that goes to the landlord for providing absolutely 0 value to the world.
SaveTheTuaHawk@lemmy.ca 1 month ago
That’s not what Lemmy wants to hear. These people want 6 figure salaries , ‘work’ from home 3 days a week and endless weed.
If you own a condo, and that condo roof caves in, everyone gets a $20,000 bill. If you own a rental property and are not giving away rooms for free, you are stealing. The $8000-9000 municiple taxes, utilities, upkeep, are all supposed to be paid by the landlord at a net loss.
Clueless. A new roof is $25,000, a water heater is $2000+, and the list goes on and on, and " The renters pay for everything through rent." is bullshit from some kids who have lived with their parents their whole lives and are upset when they can’t smoke weed on the couch all day.
What these losers want is to live with no responsibility and point fingers to anyone who does. I got out of renting for this reason, and I never made money to make it worthwhile, so I can see why so many are leaving housing empty rather that fighting self-entitled assholes who don’t even clean where they live.
FunkyStuff@lemmy.ml 1 month ago
Can you link to the comment where anyone said this? On my own, all I’ve said is that if you do rent out a property and generate a profit, that profit is appropriated surplus value.