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?

• mke_geek@lemm.ee ⁨1⁩ ⁨month⁩ ago

  That’s not what rental property owners do. They provide housing, not take it away.

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  • zalgotext@sh.itjust.works ⁨1⁩ ⁨month⁩ ago

    Builders provide housing. Landlords are nothing more than a middle man.

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    • mke_geek@lemm.ee ⁨1⁩ ⁨month⁩ ago

      Builders build housing. Then they sell it. Rental property owners provide housing.

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      • zalgotext@sh.itjust.works ⁨1⁩ ⁨month⁩ ago

        They literally do not provide housing. If they did, there wouldn’t be a housing shortage.

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• darreninthenet@lemmy.sdf.org ⁨1⁩ ⁨month⁩ ago

  So let’s say a landlord sells their property and somebody else buys it to live in.

  Where do the original renters live now?

  Or in a rental property, who is paying to maintain it if the landlord is not charging above their mortgage costs?

  Or why would a landlord take on the risk of loaning an expensive asset to somebody at cost knowing they may not get paid? Or the boiler stops working and they have to spend thousands fixing it without any risk to the tenant?

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  • zalgotext@sh.itjust.works ⁨1⁩ ⁨month⁩ ago

    If their rent went toward equity in the home they were renting, when the landlord sells, an equitable portion of the cash made during the sale would go to the renters. Ideally, the renters could then use that nest egg of cash to put a down payment on a home.

    If a person is paying money for access to and upkeep of a particular home, I think it’s very fair for them to build equity in that home proportional to what they pay in rent. If landlords find that too risky or not lucrative enough, well, they don’t have to be landlords.

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    • darreninthenet@lemmy.sdf.org ⁨1⁩ ⁨month⁩ ago

      So let’s say the landlords don’t want to do this and sell up, or at least try to… who can afford to buy now? Yes the prices will come down but that doesn’t remove the need for a deposit/downpayment - yes that will be smaller but how is somebody going to save that money still? Where do they live while doing that? That is still the biggest problem… the UK does have a help to buy scheme where the government owns part of your property (acts as deposit) and you pay the mortgage on the rest, but you also pay some rent to the government for their share.

      The whole system needs overhauling to make it work these changes alone won’t sort it out.

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      • zalgotext@sh.itjust.works ⁨1⁩ ⁨month⁩ ago

        The whole system needs overhauling to make it work these changes alone won’t sort it out.

        Correct, wholeheartedly agree.

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