good thing “providing” housing costs nothing. it only makes money. you get the equity of owning the building and the rent. the cost of upkeep is always FAR behind rent. the idea that providing housing costs a huge amount of money is absurd. It’s parasitic. If the people paying the rent, which is the upkeep and additional profit, owned the equity, they would also eventually break even and make money. Talking to people like they aren’t smart enough to understand how badly they are getting robbed, isn’t an argument. it’s assholery.
Honestly, I’m under the impression that building a building requires scarce resources and labor, which have opportunity costs reflected in market prices, and maintaining a building likewise requires ongoing expenditures. I would agree that, when someone becomes a landlord, the goal is generally to earn a return on the capital they risk, while facing uncertainties such as tenants not paying rent, changes in government policy, and other market risks. Whether any particular landlord is a good or bad person is something I can’t really speak to.
good thing “providing” housing costs nothing. it only makes money. you get the equity of owning the building and the rent. the cost of upkeep is always FAR behind rent. the idea that providing housing costs a huge amount of money is absurd. It’s parasitic. If the people paying the rent, which is the upkeep and additional profit, owned the equity, they would also eventually break even and make money. Talking to people like they aren’t smart enough to understand how badly they are getting robbed, isn’t an argument. it’s assholery.
Honestly, I’m under the impression that building a building requires scarce resources and labor, which have opportunity costs reflected in market prices, and maintaining a building likewise requires ongoing expenditures. I would agree that, when someone becomes a landlord, the goal is generally to earn a return on the capital they risk, while facing uncertainties such as tenants not paying rent, changes in government policy, and other market risks. Whether any particular landlord is a good or bad person is something I can’t really speak to.