lol “what people will pay” = “what it’s worth by definition”
you are joking right? trying to make fun if landlords?
because hoarding, limiting supply will artificially rise the prices of a necessity.
it’s pure evil, and with no moral justification besides you being selfish.
Imagine being thirsty in a desert, and I have gallons of water, but you and everyone else will die without it. I could give you all some at the cost of whatever it costs to distribute. or I could be a lazy fuck, and only give water to them highest bidder, they’ll trade all their income for something I made artificially expensive.
then pat myself on the back because I save some people from thirst, and let the “ungrateful” die.
Landlords arent hoarding. They have to rent out their properties to cover their investment.
Imagine you went to a bank and convinced them to lend you money to become a landlord. You’d pay for land, pay architects and engineers and labourers and buy materials and build the house. Then you’d pay lawyers and other service providers to get things ready and find some tenants. All the time you’d be paying biweekly mortgage payments. Then you start to get rent payments from your tenants (usually). It covers your mortgage payments, your insurance and legal fees and property taxes and maintenance costs mostly - you’re not making any significant money over the mortgage payments - but you figure that’s ok as you now ‘own’ the house that you can sell later at a profit for all your work - as long as the real estate market doesn’t crash - or you can’t find renters and fail to pay your mortgage so the bank forecloses. So then maybe 10 years later you sell (paying huge capital gains tax) and now you’ve got some money out of it, and you can reinvest then and build two houses and do the same thing again. In another 10 years you make more to retire on if things go well. Or maybe you lost because house prices stagnated. But at least you housed three families for your effort.
And yet people call you evil with no moral justification because they don’t understand how the world works. Kinda sad really.
Then you start to get rent payments from your tenants (usually). It covers your mortgage payments, your insurance and legal fees and property taxes and maintenance costs mostly
Your tenants are paying more in order to cover the costs of you being a middle man here, yes. Nowhere in that list did you say anything a landlord provides, they just insert themselves in the middle, raise the cost, and pretend that doesn’t make them a parasite.
But at least you housed three families for your effort.
No, you didn’t. You denied housing for three families and the equity they would have recieved if you didn’t exist.
The landlord provides a rental arrangement for someone who can’t buy. It’s a service that has risk and requires an investment. Those three families presumably would have bought a house if they could. But since they can’t, the landlord allowed them to be able to rent.
then you continue to describe why they are hoarding properties without providing any benefit. just being a greedy parasite. all you did was make someone else pay your mortgage. which you get to keep and once it is paid they still pay straight into your poket.
I know tapeworms who are better for society than landlords
If they aren’t providing a useful service - why do people use them? Just buy you’re own house. Oh, you can’t? Well it’s a good thing landlords exist so you can have a place to live!
lol “what people will pay” = “what it’s worth by definition”
you are joking right? trying to make fun if landlords?
because hoarding, limiting supply will artificially rise the prices of a necessity.
it’s pure evil, and with no moral justification besides you being selfish.
Imagine being thirsty in a desert, and I have gallons of water, but you and everyone else will die without it. I could give you all some at the cost of whatever it costs to distribute. or I could be a lazy fuck, and only give water to them highest bidder, they’ll trade all their income for something I made artificially expensive.
then pat myself on the back because I save some people from thirst, and let the “ungrateful” die.
Landlords arent hoarding. They have to rent out their properties to cover their investment.
Imagine you went to a bank and convinced them to lend you money to become a landlord. You’d pay for land, pay architects and engineers and labourers and buy materials and build the house. Then you’d pay lawyers and other service providers to get things ready and find some tenants. All the time you’d be paying biweekly mortgage payments. Then you start to get rent payments from your tenants (usually). It covers your mortgage payments, your insurance and legal fees and property taxes and maintenance costs mostly - you’re not making any significant money over the mortgage payments - but you figure that’s ok as you now ‘own’ the house that you can sell later at a profit for all your work - as long as the real estate market doesn’t crash - or you can’t find renters and fail to pay your mortgage so the bank forecloses. So then maybe 10 years later you sell (paying huge capital gains tax) and now you’ve got some money out of it, and you can reinvest then and build two houses and do the same thing again. In another 10 years you make more to retire on if things go well. Or maybe you lost because house prices stagnated. But at least you housed three families for your effort.
And yet people call you evil with no moral justification because they don’t understand how the world works. Kinda sad really.
Your tenants are paying more in order to cover the costs of you being a middle man here, yes. Nowhere in that list did you say anything a landlord provides, they just insert themselves in the middle, raise the cost, and pretend that doesn’t make them a parasite.
No, you didn’t. You denied housing for three families and the equity they would have recieved if you didn’t exist.
The landlord provides a rental arrangement for someone who can’t buy. It’s a service that has risk and requires an investment. Those three families presumably would have bought a house if they could. But since they can’t, the landlord allowed them to be able to rent.
If only they didn’t have to outbid Landlords for the property, or didn’t have to be the person to say “First!” They could have.
then you continue to describe why they are hoarding properties without providing any benefit. just being a greedy parasite. all you did was make someone else pay your mortgage. which you get to keep and once it is paid they still pay straight into your poket.
I know tapeworms who are better for society than landlords
If they aren’t providing a useful service - why do people use them? Just buy you’re own house. Oh, you can’t? Well it’s a good thing landlords exist so you can have a place to live!
wonder why they can’t buy? thank you landlord for jacking up prices.