bluGill

@bluGill@fedia.io

• ⁨Comment⁩ on ⁨If you argue for a cause like affordable housing for everyone, is it necessarily hypocritical if you also own investment properties?⁩ ⁨⁨8⁩ ⁨hours⁩ ago⁩:

  For many people owning their own housing is the wrong decision. That means somebody else needs to own their housing and that person may as well be you (depending of course on your situation - it isn't for everyone)

• ⁨Comment⁩ on ⁨If you argue for a cause like affordable housing for everyone, is it necessarily hypocritical if you also own investment properties?⁩ ⁨⁨8⁩ ⁨hours⁩ ago⁩:

  If you say that "look at how much money I'm making, tax me harder daddy" it's another.

  That is a bad thing for affordable housing. For affordable housing you need profits from investment property just enough to be worth doing. Any taxes a property owner pays needs to come from the rent they charge so high taxes mean they are charging more rent to cover it. So if taxes are high that means that rents are higher than they could be. You should get rich - to the extent you do - in property ownership by owning a lot of property for a long time, not charging high rents.

• ⁨Comment⁩ on ⁨[deleted]⁩ ⁨⁨1⁩ ⁨week⁩ ago⁩:

  unless you are rich you/him should be putting the cost of the apartment into savings for college. The rich can pay full price for their kids ivy league college and not notice it - almost nobody is that rich.