Landphobia on my Lemmy? It's more likely than you think.
this post was submitted on 22 Apr 2024
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A Boring Dystopia
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It's not a job but it's a great way to pad my bank account
It is a job though. A landlord:
- takes on risk - if the unit doesn't rent, they still need to pay taxes and whatnot
- repairs and renovates units
- maintains the grounds and whatnot
Some landlords are scum bags (maybe most), but I remember one fantastic landlord. They came on time when they needed to do service to the unit, were very responsive to issues we had, and didn't screw us on the security deposit. If the handful I've had, only one was truly awful.
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Landlords wanting to use AI to drive prices even more should be illegal. Landlords shouldn't exist.
Honestly anyone who happens to own two to five different properties shouldn't honestly be taxed nearly as much as anyone who is going to own 50.... 200..... 1,000 + properties who should then at that point be taxed 100% on their profits.
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