Well the whole system is corrupt and it’s not your fault because you didn’t make the system, all you can do to relieve yourself of being a villain in the real estate industry is to get out of the real estate industry. Sell that apartment to someone who needs to live in it.
“Being a villian” lmao. It totally wasn’t the guy who trashed the place, or the government for stupid laws. It was the guy renting out the apartment. Because as we all know, the alternative is that the guy would give the apartment to you for free instead of renting, right? With no strings attached, everybody would get a house if only landlords weren’t villians!
They will buy it, live in it, and another unit of housing stock is now unavailable. That will reduce general availability, and push up prices. If that tenant wasn’t such a self centred, selfish asshole, the owner would have kept renting it at a loss, and availability would still be there. This is a two sided story, and many landlords are in the same situation. They are not all these insane, evil, wealthy monsters the internet makes them out to be.
Sell it, let their money be eaten by inflation in two years. Just because a rando on the internet calls them evil for renting out a house, because they themselves hate their landlord.
I’m a villain am I? I fucking worked my ass off to buy that property, then I let people live in it who more often than not leave me with bills and unpaid rent, and I’m the villain?
You bought it in the fucking 90’s when a bank loan required a high school degree and a firm handshake.
You fell just short of calling me a boomer. I’m almost disappointed…
If you think everything was so easy in the 90’s - especially for a college student working 3 jobs to afford that place - then believe what you will. I suppose that bizarre myth is part of the lore of people who weren’t even born back then and blame all the ills they suffer from today on the previous generations. I know, I did the same to my parents.
And yes, my property is now worth 5x what it was worth when I bought it… in today’s money. Adjusted for inflation, it’s not nearly as much. Still, it was an investment: do you understand what an investment is?
my property is now worth 5x what it was worth when I bought it… in today’s money. Adjusted for inflation, it’s not nearly as much
Are you under the impression that the US dollar has 5xd from inflation since the 90s? Lol
Seriously, I don’t know what reaction you’re expecting here - if you’re finding that being a landlord is a shitty way to make money, then… Stop? Sell the apartment and invest in something else instead of whining about how badly landlords are mistreated lol
Well the whole system is corrupt and it’s not your fault because you didn’t make the system, all you can do to relieve yourself of being a villain in the real estate industry is to get out of the real estate industry. Sell that apartment to someone who needs to live in it.
“Being a villian” lmao. It totally wasn’t the guy who trashed the place, or the government for stupid laws. It was the guy renting out the apartment. Because as we all know, the alternative is that the guy would give the apartment to you for free instead of renting, right? With no strings attached, everybody would get a house if only landlords weren’t villians!
Give it away? No I suggested he SELL it to escape from all the corruption. Wipe his hands clean of everything.
Yet the cycle would continue. What’s the point?
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They will buy it, live in it, and another unit of housing stock is now unavailable. That will reduce general availability, and push up prices. If that tenant wasn’t such a self centred, selfish asshole, the owner would have kept renting it at a loss, and availability would still be there. This is a two sided story, and many landlords are in the same situation. They are not all these insane, evil, wealthy monsters the internet makes them out to be.
This isn’t a problem if the person that buys the property lives in it.
You are just being dense on purpose to give a bad faith argument.
Because the person who lives in the home would be the person who owns the home, thereby ending the cycle of landlord woes.
Sell it, let their money be eaten by inflation in two years. Just because a rando on the internet calls them evil for renting out a house, because they themselves hate their landlord.
Yeah ok. Wanna buy it?
I’m a villain am I? I fucking worked my ass off to buy that property, then I let people live in it who more often than not leave me with bills and unpaid rent, and I’m the villain?
Fuck you.
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You fell just short of calling me a boomer. I’m almost disappointed…
If you think everything was so easy in the 90’s - especially for a college student working 3 jobs to afford that place - then believe what you will. I suppose that bizarre myth is part of the lore of people who weren’t even born back then and blame all the ills they suffer from today on the previous generations. I know, I did the same to my parents.
And yes, my property is now worth 5x what it was worth when I bought it… in today’s money. Adjusted for inflation, it’s not nearly as much. Still, it was an investment: do you understand what an investment is?
Are you under the impression that the US dollar has 5xd from inflation since the 90s? Lol
Seriously, I don’t know what reaction you’re expecting here - if you’re finding that being a landlord is a shitty way to make money, then… Stop? Sell the apartment and invest in something else instead of whining about how badly landlords are mistreated lol
Removed by mod