A Boring Dystopia

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With Shared Software, Landlords Are Teaming Up to Raise Rents (jacobin.com)

submitted 3 months ago by [email protected] to c/[email protected]

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[–] [email protected] 63 points 3 months ago (13 children)

I have a real problem with landlords. It feels like an especially predatory business. Some things just shouldn't be for profit. I mean, when you own something that people universally need, and charge as much as you possibly can for it, to maximize your own profit, for nothing other than just being the owner, it feels really scummy.

[+] [email protected] -28 points 3 months ago* (last edited 3 months ago) (10 children)

I own my home. I may rent it out when I retire because I sure as fuck won't have any money. Maybe we'll get an RV or move to the Philippines. Dunno. But I need to get paid on that home.

For one, renters are likely to fuck shit up, because it's not theirs, they have no stake in the property. They may simply be ignorant and ignore problems that cost $100 to fix today, $1,000 to fix tomorrow. Also, I need to buy extra liability insurance.

Then there's routine stuff. When my ex and I bought the place we took payday loans for 2-months just to get the tools and stuff we needed to care for the place. And nearly everything we bought was used. Paid them off responsibly and quickly, but it was costly.

Ever priced a new roof? Hell, within the last 30-days our sink stopped up, the washer died, fridge finally died. and that's only the big stuff. Even buying off FB, that was $1,000 in new appliances and repairs. Oh, and the hot water heater leaks, but that's under control for the moment. And the roof needs patched. I'm scared to even price that, can't afford it ATM anyway.

So yeah, I need serious "profit" just to break even.

EDIT: Do you idiots think I'm currently renting this home? FFS, try reading from the beginning.

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