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this post was submitted on 11 Apr 2024
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One landlord may be more or less "ethical and community minded" than another, but being a landlord is 100% about profiting from somebody else's precariousness. The best you can say is, "Don't hate the player, hate the game." I appreciate a landlord who fixes the broken pipes and doesn't totally gouge me... but that always feels like Stockholm Syndrome.
I don't see what difference that would make. They still get to set the price, and you can either take it or leave it.
I suspect that this number is extremely low.
Easily with far (far far far) fewer landlords.
It's genuinely ridiculous to paint "rental homes" as some boutique service offered as a choice to home-owners who have money for a house but just don't want the "commitment" (?!?!?!?!?) of not throwing a huge portion of your money away every month. Absurd.
I don't hate small landlords. We all have to betray humanity to avoid being homeless. We work at unscrupulous companies, because what other kind of companies are usually hiring? But we don't have to contort ourselves to the point of breaking every single bone in our bodies to morally justify profiting from the unfair precariousness of people terrified of homelessness.
Yeah, the short of it is if you are a landlord and you're not undermining your own industry by encouraging tenants to become owners of their own personal property, then you're not community minded in the socialist (own the means of production) sense. There are exceptions, like one case where a rapper bought a poor neighborhood but did so to keep rent hikes and evictions from happening, arguably giving those families more stability so they have a chance to build family wealth.
I’m a flighty motherfucker and feel extremely unsettled if I can’t throw all my shit in a couple duffel/sea bags and scoot my ass anywhere I feel like at a moments notice. Getting a cat was a big deal, but homie loves car rides so I’m good there. Getting to the point where I’d need to probably rent a truck to change scenery gave me my first actual panic attack of my life. I honestly thought more people were like this, in my personal friend group this is a pretty common desire/feeling. I’m getting the distinct impression that this is not a universal thing however.
The one issue I would raise with your analysis is that if things were very different (like all people who wanted a home had one) a second home rented out not to the desperate but people in a transitional state could be a benefit to the community. Think college students who are attending school somewhere they do not plan to live long term, and who prefer not to live in a dormitory. Or people who are staying for a few months in another city for their work or visiting family, where a hotel would be prohibitively expensive.
Interestingly enough, something like 86% of Vietnamese people own their own homes...
In part it's because 70% of the population are farmers, and if you live in a rural area and pass a test on raising crops the government will just assign you a plot to farm.
I imagine home ownership is also very high in Japan, where they've had a negative interest rate and deflation for 25 years. Their housing bubble burst with their aged population explosion and the total population being in decline.
Yes, if things were different then things would be different.