One landlord: “How will I pay my bills?”
Their multitude of tenants and their families: “How will WE pay our bills?!”
this post was submitted on 11 May 2025
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Landlord: "(dead serious) That's not my problem!"
Always remember that "the market" is just a signal to the landlord that they could get more if the property were on the market today. It's still their choice to squeeze you to take advantage of that. "It's the market" is code for "because I can".
Also they know that people don't want to move every year or two, so they can absolutely raise the rent above market level without you wanting to leave yet. This has the effect of pushing the market higher. The switching cost is very high, so it's in their favour that way too.
A landlord I knew about through a friend said they never raised the rent as long as their property is being paid off, because they would rather have it occupied and being paid than the tenants leave and the place sit empty.
Not to say that's a good landlord by any means, but there is a choice. The market isn't a mandate.
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Peter Parker: "you'll get your rent when you fix the damn DOOR!"
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Every time I see these posts: The happiest countries in the world are consistently: The Nordic countries are often considered happy due to high levels of social trust, strong welfare systems, and low income inequality, which contribute to a sense of security and well-being among their citizens. Additionally, their effective governance and access to quality public services play a significant role in enhancing overall life satisfaction. These governments are working for the people, not oligarchs.
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Landlords are parasites.
They're the foundation of society, I say!
property is theft
Private property yes, personal property no
The way i distinguish:
property in that you have a piece of paper saying something is yours and you can prevent people from using that thing or extract value from it, while not using it yourself. That’s theft.
But possession, ie. having things that you use, a house you live in etc. that’s not theft unless other circumstances that lead to the possession are theft.
We're on the same page then.
It's all about terminology. I like the concept of usofruct where your right to own something is bound to either use it directly or collect its fruits (in a literal or figurative sense). So a landlord wouldn't own a house but the people living there would. This has it's roots in Roman law where ownership had three aspects: usus, fructus and abusus (misuse, destroy, ...)
cars have paper attached to them, should people be forced to use cars to keep them?
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This is so obvious I don't understand why it needs highlighting. Nobody here is suggesting you cannot have stuff.
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"How will I pay my bills"
(Democratic) Socialism, UBI, and fair wages.
it's insane how deep propaganda has drilled into the heads of people where you have to specify the socialism is democratic
To be fair, there are a lot of tankies advocating for the non-democratic type.
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There are many kinds of socialism, democratic socialism being one of them
New to lemmy?
I mean, you can go one further and establish public utilities that ration resources per capita instead of charging a vig on top of the production cost.
Why do I need UBI and wages if I can just claim a vacant apartment and be guaranteed power/telecom, of which their are millions nationally?
We could divert the tens of billions (converted to energy/man hours) we're throwing away on AI subsidies and everyone can live a comfortable middle class life free of charge.
AI subsidies?
Yes but yokels in the flyover states will say no, so you're not allowed to do this.
You give the yokels far too little credit. Quite a few of them are convinced it is the liberals who want to means test away their quality of life and expose them to the predation of foreign markets.
And they're often right. DLC liberals were perfectly fine with Midwestern deindustrialized, education privatization, military expansion, and corrosive financialization. The problem is that they're boxed in, with nowhere to go. Conservatives ensconced them in a media monopoly, screaming a partial truth - that liberal business interests have fully compromised their wing of government. That's made selling "we're all you've got" an incredibly powerful message on the right. Even as the Congressional paymasters tip both parties generously.
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Is landlord a "job" where you live?
I think every single person I know who owns a house/flat and rents to someone has of course a regular job where he works at. Wouldn't be financially viable in any form otherwise (and it shouldn't be).
There are some people who own a bunch of properties and their job is maintaining them and dealing with the paperwork. And then there are some people who passively collect income and have a management company do that with no real connection to the place...
They are basically investors in the housing market when their money makes its own money without their direct involvement.
Depends a lot honestly - in my experience, there's two types of landlords.
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The person that inherited/bought an apartment, but doesn't want/can't live in it right now (because it's really remote, for example). They often buy these as "retirement homes", so something they can live in when they no longer work. While they don't live in it, they rent it to other people. The reason for that often is because their job requires physical presence and renting an apartment near their job is just cheaper if you factor in rent from the bought property.
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Large corporations that buy up houses left and right, make a few minor changes that classify as "modernizations" and then jacking up the rent by 33%. Those can go fuck themselves.
This omnious "landlord" that owns like 10 properties and only lives off of the rent is rare. I know a single person that does that, he inherited a company from his dad, sold it like 30 minutes after he became owner, built 3 houses with 4 apartments each and is now chillin. And I don't even feel like that's a "bad" thing, because he has literally built those houses - they would not even exist without him.
You just don't know those people. Also they don't all brag about it. I just learned my BIL ownes 5 rentals now and is looking at more. He also has a good day job, but he wants to transition into pandlordong full time. I know many many people like this in So cal as a construction worker.
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My mother was deserted by our father in the 60s. She had 4 children. She found a rental house. Our landlords became like family. She struggled, but always paid the rent, and our house was always well looked after. As an adult, I suspect the couple that owned the property never raised the rent. I don’t know that for sure as I didn’t have the opportunity to ask my Mom before she died. I will say that all 4 children were educated and are leading productive lives. Thank you to the kindness and humanity of that couple that were our landlords ❤️. You made such a difference in my Mother’s, and her 4 children’s lives.
A while ago my wife and I were debating on renting our home out and buying a different one. Just to break even on the house expenses it wasn't worth it.
Maybe I am wrong, but I don't understand how landlords make a lot of money unless they don't fix the house ever.
I think the idea is that even if you only break even after mortgage and expenses, you gain equity in the house and eventually own the house which you then have at your disposal. You can continue to rent it out without the expense of the mortgage, or sell it and cash in.
The landlord I know that makes a shit ton of money inherited the homes from their parents.
Yeah this is it, the ones who aren’t paying a mortgage on the house they’re renting out. That or corporate landlords.
My landlord makes 48k a year off where I'm living. I can easily see how he's making money.
I was able to refinance my home at 2.8% during COVID. Now I'm paying less than $2k for a 2200 sqft home. I've got neighbors who are paying $4-6k for equivalent housing.
My mom, who bought her home in the 90s, has the mortgage fully paid off and only owes real estate taxes (around $12k annually) on a 5000 sqft property.
A lot of landlords simply inherited their homes or had enough credit to buy cheap units during the dips.
They also do a shit job of maintenance. But it can't be overstated how much of this property is either owned on extremely low interest credit or fully paid off.
you make money if you don't have a mortgage.
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I recently learned that my dad used to be a landlord. Problem was, he has a sense of morals, ethics, and empathy. Tennants would be unable to pay rent for one reason or another, but he wouldn't evict them because he understood that sometimes shits hard. Eventually, he had to sell all his properties to a less scrupulous landlord.
I feel conflicted with the knowledge that I could have had a better childhood if my dad was a worse person.
He could have been the type of parent to charge their children rent once they turn 16.
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Remember to tip your landlord (down a staircase)
Get a real job idiot.
My landlord is the only homeowner that I can safely look down upon and tell to "get a job".
LMFAO this is so real lol, landlords have their own circlejerk claiming that market prices increased lmfao
(also if someone could help me out, when I upvote a post on Lemmy, it doesn't show my upvote or downvote or anything even after trying and reloading several times. I'm writing that on this post because it's happening on this one as well)
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