but they definitely have enough rental income to get by even if they lose their jobs.
You had them cover your other mortgage. These people can coast off of rent money. You are not the same.
Comment on Who are the "middle class" supposed to support in the class stuggle?
Rhynoplaz@lemmy.world 2 days agoWhen I bought my current home, I rented out my previous home to friends of friends. They covered the payments on that house until they were in a situation where they could get a loan to buy it from me. There were no yachts or caviar for me during those years.
Renting out one or two homes doesn’t make someone “owner class”.
but they definitely have enough rental income to get by even if they lose their jobs.
You had them cover your other mortgage. These people can coast off of rent money. You are not the same.
I think the line is when the primary bread winner is your tenant. Covering costs of mortgage only is a nice thing to do, profiting off of them beyond the mortgage is exploitation. That’s the difference, your assertion at the end is highly dependent on how they choose the rates for said houses and whether they profit off the work of others in that transaction.
A_Union_of_Kobolds@lemmy.world 2 days ago
“My uncle Greg is one of the good ones” yeah yeah I’ve heard it before, go read some theory
blarghly@lemmy.world 1 day ago
Theory and practice are the same in theory, but in practice, they are different.
Rhynoplaz@lemmy.world 2 days ago
You must be right, because generalizations are always 100% accurate.