So, these numbers are a bit old …
https://ipropertymanagement.com/research/landlord-statistics
… basically, while OP is very likely correct specifically in NYC regarding apartments…
Broadly, at a national level?
The vast majority of single family rentals are provided by a landlord with less than 5 five rental properties.
IE, boomers trying to become rich by becoming petite landlords…perhaps roughly comparable to pre-Soviet kulaks.
This same pattern is borne out by more recent average age of a home seller / home purchaser: its 59 or 60. The ‘median age of a home seller/buyer’… yeah it pretty much just tracks the average age of a Boomer, in the last 30 years.
As you can to see, to the point that now, now the median age of a US first time home buyer is actually 40, if you extend this graph to current data, now, Q2 2026.
The boomers all went into the 90s and 00s and then 10s getting an increasing media diet of real estate is the path to wealth!… we started getting a bunch of TV shows about home renovations and house flipping… and woo.boy do the boomers love their boob tubes.
I have no doubt that in more literally concentrated areas, with even higher price floors, yeah, its more dominated by larger to hyperhuge organizations.
But on net?
While private equity moving in and building a development in an area, or starting to purchase a bunch of on market/for sale homes in a region… while things like that are often the sort of local reset for ‘comps’, seen as signals to boomer kulaks of well shit, I should do the same thing for myself!…
… The boomers are the ones that actually do the mass of the work of directly making home prices go up, as well as voting up anything that will benefit existing homeowners, and voting down anything that will add cost to existing homeowners.
They collectively decided that making their homes go up in value was their ticket to a secure retirement.
The problem is that if every boomer does this, it literally guarantees economic, demographic, and social collapse… new family formation becomes difficult to impossible, social welfare systems collapse, the broad concept of tactic agreement that the government is de facto legitimate erodes rapidly.
Any boomer that complains about or is worried about white birth rates tanking even harder than non white birth rates, that believes in ‘great replacement theory’?
They’re idiots. They are the cause of the effect they are observing.
Housing is a human right
This is the same con they pull with farming. They use the idea of the small family farmer to pass legislation that mainly helps massive agribusiness.
They will always keep one or two family farms to trot out the next time they need to legalize dumping fertilizer runoff directly into the aquifer
Owning 10 houses you don’t live in while charging other people to live there makes you more than a landlord.
It makes you a PIECE OF FUCKING SHIT
Parasites deserve to be removed.
I don’t see the difference between being a landlord and being a piece of shit, tbh. All landlords are parasites.
also, there’s such a thing as one group ruining it for everyone else
if someone keeps shitting all over the walls in the public bathroom at a convenience store, and the owners choose to close public access, we don’t blame them for it. we blame the people whose ruined it for the rest of us.
Even if there were small independent landlords all over the place, fuck them anyway.
Property should not be an investment opportunity.
Apparently I’m completely ignorant in this topic. Why is the concept of landlords so bad? It is not because I believe they are good,I have just never thought much of it, and I’ve lived in multiple rented apartments. What’s the alternative? Genuine question here. Should the apartments be owned by the municipality/government? Is the idea that housing will be so cheap, if the properties aren’t used for investment that everyone can afford to buy themselves?
Remember that shooting at Blackstone’s headquarters? They tried to blame the motive on football somehow but the shooter targeted the CEO of Blackstone’s real estate group, killing her along with a few others.
In my opinion, hoarding real estate is even more heinous than these tech billionaires who “merely” hoard money.
It’s on the same level as dumping food in a dumpster and pouring bleach on it because it expires soon and so that hungry people can’t eat it.
An old manager got fired because she donated food to a homeless shelter when instructed to open it all and pour the liquids down the drain and the food into a trash can with the pink mystery cleaner whose MSDS mysteriously went missing in all the stores I went to.
As with many things, it just served to further radicalized me.
In a just world that would be a criminal act and your old manager would be doing something normal and unremarkable
Indeed. In a sane world, it would be standard practice to donate foods long before expiration dates and nobody would need to dig through garbage hoping for scraps of a meal.
In this world though, The administrative assistant started donating everything and planned things strategically so the new store manager and district managers wouldn’t know, and anyone watching cameras would think we’re just helping her taking our normal trash out.
She kept it up through 5 or 6 managers before I left. As far as I know, nobody ever caught on that the empty bottles by the sink were just what a few of the employees drank every day, or the wrappers often weren’t even products we sell.
It’s insane the hoops some have to jump through just to donate food that nobody wants
Shelter is a basic human need. Money is merely a means to an end.
Apparently someone with an AR-15 agreed with us as well 😁
But what you you think they invest their money in?
Yatchs.
Drugs.
Child rape.
The gunman dying too was really too bad. Like Luigi Mangione being blamed as the shooter for the healthcare exec has kept the idea of murdering ceos more alive.
There is a technical term for mom&pop landlords. Parasites.
They, and other companies like them, are the ones buying up all of the extra real estate in the US, and then price fixing everyone’s rent. This is how our housing is so expensive, manufactured low supply and price fixing through software.
Sidebar, being a landlord sounds like an awful way to earn a living.
