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Comment on When leftists say "landlord are parasites" or similar dislike of landlords, do they also mean the people that own like a couple of houses as an investment, or only the big landlords?

TranquilTurbulence@lemmy.zip ⁨1⁩ ⁨week⁩ ago

I have no problem with landlords.

Those who own apartments are also taking some big risks I’m not comfortable with. When something requires maintenance, it’s usually something very expensive.

This means that either the landlord has to have like 50 k€ ready for emergencies or be willing to borrow money from a bank and pay back with interest.

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ProdigalFrog@slrpnk.net ⁨1⁩ ⁨week⁩ ago
Sn alternative to a landlord is for the apartment complex to ve collectively owned by the tenets, making it a housing coop. That would mean any big expenses would be dustributed amongst everyone, making it more nsnageable. Collectively owned buoldings tend to recieve more maintainence, as the tenents have an incentive to maintain the value of their property.

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- TranquilTurbulence@lemmy.zip ⁨1⁩ ⁨week⁩ ago
  A similar setup can also be seen in the ownership of apartments buildings. You can have a limited liability company that manages major renovations and other expenses that concern the building as a whole. The idea is that you own shares in that company, which gives you the right to live in a specific apartment. In practice, you can still treat the inside as if you owned everything, although technically everything is still owned cooperatively.
  
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