Comment on Rent is theft

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FunkyStuff@lemmy.ml ⁨1⁩ ⁨day⁩ 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.

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