Comment on [deleted]
CryptoRoberto@sh.itjust.works 9 months agoThat’s capitalism. If you invest money you want a return. It’s the entire system. Maintaining anything if not required goes against the whole ethos.
Comment on [deleted]
CryptoRoberto@sh.itjust.works 9 months agoThat’s capitalism. If you invest money you want a return. It’s the entire system. Maintaining anything if not required goes against the whole ethos.
Transcendant@lemmy.world 9 months ago
I get what you’re saying, but he hasn’t invested jack. He inherited a portfolio of local properties when his dad passed away a few years back, all mortgage-free (I know other members of his family so have more info about him than he realises).
When his dad died, his cousin warned me: “His son is taking over the properties, he is a bastard, be prepared for your rent to go up”. Within weeks of gaining control he put my rent up. I dunno, maybe he immediately remortgaged all the properties to buy more. I hope he goes bust.