LogFAQs > #973934120

The_shibe posted...

Some people get a 2nd home and supplement their SS and 401k money with rent income. What's so wrong about it?

It's extracting someone's labor for profit without contributing any labor in return for it.

It removes the ability of someone else to own that as a home and not an investment.

That's the top two reasons. Never mind all the other ones that involve how fucked up it is that the only way to retire is to have just enough money to exploit someone else who's still working.