Current Events > Landlord: "the rent only pays for my mortgage on the property!"

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Solid Snake07
03/16/20 11:15:04 AM
#52:


gunplagirl posted...
They go out buy 5 houses off the marketplace that they don't need, denying people who'd want to buy a house those as options. Then they get them paid for by their tenants while putting in the bare minimum maintenance they'd have had to handle had they intended to use the property to begin with.

As for the guy who said renting is cheaper than buying, there's this really old excerpt from a book about shoes. A rich person can pay $40 for a nice pair of shoes that'll last for years and keep their feet nice and dry. A poor person will pay $10 for shoes that last a season, and in the end his feet still end up wet. Or else, for a comparison more modern. You can buy some roller skates, or over time you can pay way more than that to rent them. In the end you'll still never actually own them.


Then save up for a better pair of shoes

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Oatcakes
03/16/20 11:15:31 AM
#53:


PCgamingIS_Best posted...


A person who owns a home would put in only the minimum amount of maintenance too. Your argument is just full of flaws. If the landlord isn't doing a good job, they won't have consistent renters and those renters won't take care of the place anyway.

If you want to own 5 houses, go fucking work for it. Make a budget, get your spending in order, and prepare yourself for a good career.



Wut
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Nick_Saban
03/16/20 11:15:58 AM
#54:


AlephZero posted...
landlords will be first to the gulag after bernie wins


"We hate private prisons but we salivate at the opportunity to jail nonviolent people we disagree with"

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Romes187
03/16/20 11:16:13 AM
#55:


if you think landlords are parasitic then you've never had a good landlord

a good landlord is great and they exist in a lot of places

usually its the shitty properties with shitty tenants in shitty areas that breed shitty landlords

sometimes its shitty landlords that breed shitty tenants. I've had cheap ones, I've had not cheap ones

but when something goes terribly wrong like a pipe bursting or water leaks everywhere or whatever...it is SO nice not being an owner. the risk is real and that is why they are paid for it.
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nemu
03/16/20 11:16:20 AM
#56:


How dare people want to make a profit off of their services!
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AbstraktProfSC2
03/16/20 11:16:27 AM
#57:


Ill just leave this here

https://www.huckmag.com/perspectives/opinion-perspectives/there-is-no-such-thing-as-a-good-landlord/

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BathroomWater
03/16/20 11:18:11 AM
#58:


Nick_Saban posted...
"We hate private prisons but we salivate at the opportunity to jail nonviolent people we disagree with"

Forcibly removing someone from their abode is an act of violence.

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teepan95
03/16/20 11:18:28 AM
#59:


Romes187 posted...
if you think landlords are parasitic then you've never had a good landlord

a good landlord is great and they exist in a lot of places

usually its the shitty properties with shitty tenants in shitty areas that breed shitty landlords

sometimes its shitty landlords that breed shitty tenants. I've had cheap ones, I've had not cheap ones

but when something goes terribly wrong like a pipe bursting or water leaks everywhere or whatever...it is SO nice not being an owner. the risk is real and that is why they are paid for it.

So why not put protections in place to ensure landlords act like 'good' landlords?
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EndOfDiscOne
03/16/20 11:18:39 AM
#60:


There are more bad landlords than bad tenants

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Veggeta X
03/16/20 11:18:47 AM
#61:


Well, my landlord is a relative so I can honestly say I have a good landlord. The dude is hella reasonable to us because the house is already paid off and legit wants us to succeed. He wants me to buy it for 40k but I don't want it.

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Questionmarktarius
03/16/20 11:18:57 AM
#62:


Oatcakes posted...
Wut
When redoing your foundation will cost $15000, or you can put it off for several years by putting in a $100 support column, which do you choose?
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gmanthebest
03/16/20 11:19:52 AM
#63:


BathroomWater posted...
Forcibly removing someone from their abode is an act of violence.
Not if they're breaking a written agreement.

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Kolibri X
03/16/20 11:20:23 AM
#64:


"Waaah, someone else isn't paying 100% of my house I bought even though in 30 years it would have increased in value and all I had to do was pay for taxes and some repairs and my tenants that paid the interest and principle will have nothing."

Absolute parasites and scum.

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Rexdragon125
03/16/20 11:20:35 AM
#65:


Romes187 posted...
but when something goes terribly wrong like a pipe bursting or water leaks everywhere or whatever...it is SO nice not being an owner. the risk is real and that is why they are paid for it.
This. I have a good landlord now. Cheap american plastic siding fell off again, cheap american roof leaking, dishwasher leaking, landscaping, I don't have time for that crap lol
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Nick_Saban
03/16/20 11:21:06 AM
#66:


BathroomWater posted...
Forcibly removing someone from their abode is an act of violence.

If they dont own it, it's not theirs. And I wish the left would stop trying to redefine words. No, it's not violence. The definition of violence isnt "everything that makes the left mad"

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Veggeta X
03/16/20 11:21:55 AM
#67:


Holy shit, guys. Why did yall turn this into a poor vs rich topic?

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gunplagirl
03/16/20 11:22:29 AM
#68:


PCgamingIS_Best posted...
A person who owns a home would put in only the minimum amount of maintenance too. Your argument is just full of flaws. If the landlord isn't doing a good job, they won't have consistent renters and those renters won't take care of the place anyway.

If you want to own 5 houses, go fucking work for it. Make a budget, get your spending in order, and prepare yourself for a good career.
Oh LMFAO there's plenty of landlords and rental companies that are shitty but still have renters. People need a place to live, after all.

Solid Snake07 posted...
Then save up for a better pair of shoes
The entire point of the comparison is that the poor people can't save up for better shoes, so they end up paying more only to have less in the end and still have wet feet.

Landlords in comparison can just use their credit to get a loan, then have the renters pay their mortgage. They pay less in the end while others buy their things for them and then after it's paid off the landlord can still profit off what others bought for them.

Would you be okay paying the entirety for someone else's brand new car with no actual right to use it?

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PCgamingIS_Best
03/16/20 11:23:57 AM
#69:


Plenty of people don't care too much about their rental, its just a temporary place to live for them after all.
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scar the 1
03/16/20 11:24:17 AM
#70:


Why is it that defenders of capitalism often refuse to acknowledge that there's an inherent difference between making money off of owning stuff and making money off of working?

The whole point of landlords is to turn a profit, yet always in these topics someone thinks that them being able to pay off their mortgages with the rent money is "breaking even", or someone says something like this:
Questionmarktarius posted...
When redoing your foundation will cost $15000, or you can put it off for several years by putting in a $100 support column, which do you choose?
knowing full well that after you take away the money spent for redoing the foundation, the landlord still makes a profit.

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DevsBro
03/16/20 11:24:25 AM
#71:


EndOfDiscOne posted...
There are more bad landlords than bad tenants
Now that's just silly. One landlord might have dozens, hundreds of tenants. Hell, there are almost certainly more bad tenants than there are landlords period.

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#72
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Clutch
03/16/20 11:27:05 AM
#73:


Most rental properties dont really cash flow if they carry debt.

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Jabodie
03/16/20 11:28:01 AM
#74:


I'd like to clear something up. Which of you wish to ban renting, which wish to ban property ownership in general, and which are just complaining about rich people but don't want to uproot the system or want more regulations on landlords?

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DevsBro
03/16/20 11:30:47 AM
#75:


Hairistotle posted...
Exactly his point
*dog headtilt motion*

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#76
Post #76 was unavailable or deleted.
MudKip_Master
03/16/20 11:31:30 AM
#77:


Does the landlord only have 1 tenant or something?
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Questionmarktarius
03/16/20 11:32:11 AM
#78:


Alright, let's force landlords to sell their properties, somehow, or cripple them with enough regulations that selling off is the only viable option.
Now, let's find out whose credit isn't too shitty to get a mortgage.
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#79
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BewmHedshot
03/16/20 11:32:52 AM
#80:


Veggeta X posted...
How many rental properties is too many? My cousin literally owns like 5 houses he's rented out and he says it is a fucking nightmare and not worth investing in. He says the main problem are the tenants.
The "main problem" with any job / business is other people.

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#81
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DevsBro
03/16/20 11:33:42 AM
#82:


Crono99 posted...
I own a building. It's not easy.

Here, I'm not legally allowed to ask for a security deposit. And it often happens that when a tenant leaves, the apartment is in such a sorry state that the cost of repairs ends up being more than 2 or 3 years of rent from that apartment.

In fact, just today I need to meet a contractor to get an estimate of how much it will cost me to repair a fucking hole in the ground that a tenant left after suddenly moving to mexico with 4 months left in his lease and not even giving me a notice.

You couldn't pay me to lease property.

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Questionmarktarius
03/16/20 11:36:58 AM
#83:


Crono99 posted...
a fucking hole in the ground
WTF? Why?
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teepan95
03/16/20 11:37:43 AM
#84:


Questionmarktarius posted...
cripple them with enough regulations that selling off is the only viable option
This is a myth.

Germany has the balance firmly in favour of renters. The link I posted earlier should be a good demonstration of that.



The percentage of households that rent is shown in blue. It's consistently above 50%

Source: https://de.statista.com/statistik/daten/studie/237719/umfrage/verteilung-der-haushalte-in-deutschland-nach-miete-und-eigentum/

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#85
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Questionmarktarius
03/16/20 11:41:35 AM
#86:


teepan95 posted...
The percentage of households that rent is shown in blue. It's consistently above 50%
Is this mostly single-family houses, or apartment towers?
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teepan95
03/16/20 11:42:06 AM
#87:


Questionmarktarius posted...
teepan95 posted...
The percentage of households that rent is shown in blue. It's consistently above 50%
Is this mostly single-family houses, or apartment towers?

Overall, ie both
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Rexdragon125
03/16/20 11:44:53 AM
#88:


Crono99 posted...
I own a building. It's not easy.

Here, I'm not legally allowed to ask for a security deposit. And it often happens that when a tenant leaves, the apartment is in such a sorry state that the cost of repairs ends up being more than 2 or 3 years of rent from that apartment.

In fact, just today I need to meet a contractor to get an estimate of how much it will cost me to repair a fucking hole in the ground that a tenant left after suddenly moving to mexico with 4 months left in his lease and not even giving me a notice.

Landlord doesn't know floor was rotting beforehand #9324
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Romes187
03/16/20 11:49:02 AM
#89:


teepan95 posted...
So why not put protections in place to ensure landlords act like 'good' landlords?

Because you can't just force everyone to act the way you want when they don't act the way you want
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Questionmarktarius
03/16/20 11:49:59 AM
#90:


teepan95 posted...
Overall, ie both
Okay.
How selective are landlords allowed to be then?
Is it strictly a first-come-first-served, or can a property owner do some sort of credit and/or background check?
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teepan95
03/16/20 11:54:15 AM
#91:


Romes187 posted...
teepan95 posted...
So why not put protections in place to ensure landlords act like 'good' landlords?

Because you can't just force everyone to act the way you want when they don't act the way you want

So what's the difference between forcing potential landlords to act like 'good' landlords and forcing citizens to act like 'good' citizens (ie punishing them for crimes)?

Questionmarktarius posted...
teepan95 posted...
Overall, ie both
Okay.
How selective are landlords allowed to be then?
Is it strictly a first-come-first-served, or can a property owner do some sort of credit and/or background check?

The latter. The philosophy is: no one's forcing you to rent your property out, but if you do you have to do it 'properly'
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Gamerguymass
03/16/20 11:55:03 AM
#92:


ITT: Extreme far left Bernie supporters would rather tens of millions of people be homeless instead of renting houses/apartments existing.

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averagejoel
03/16/20 12:02:07 PM
#93:


Romes187 posted...
if you think landlords are parasitic then you've never had a good landlord
personal experience is irrelevant. landlords are parasitic regardless of whether or not they're good. that is not a moral judgement on my part; it's a description of the role they play as a class of people

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Romes187
03/16/20 12:04:44 PM
#94:


teepan95 posted...
So what's the difference between forcing potential landlords to act like 'good' landlords and forcing citizens to act like 'good' citizens (ie punishing them for crimes)?

Because you do not have a choice to live in a society with criminals and that behavior needs to be regulated

You do have the choice to stay with a landlord.

averagejoel posted...
personal experience is irrelevant. landlords are parasitic regardless of whether or not they're good. that is not a moral judgement on my part; it's a description of the role they play as a class of people

You don't think paying someone to take on the risk of home ownership is a valuable service? You are not making a description of anything, you are giving your opinion on something and rewording it to suit your narrative. It's gross, so please stop.
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Proofpyros
03/16/20 12:05:20 PM
#95:


Rexdragon125 posted...
Landlord doesn't know floor was rotting beforehand #9324
Landlords MUST BE EVIL #8189911973571184
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Questionmarktarius
03/16/20 12:06:39 PM
#96:


teepan95 posted...
The latter. The philosophy is: no one's forcing you to rent your property out, but if you do you have to do it 'properly'
What that ends up doing, is punishing the very people it's meant to help, as landlords inevitably become more selective.
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teepan95
03/16/20 12:07:37 PM
#97:


Romes187 posted...
Because you do not have a choice to live in a society with criminals and that behavior needs to be regulated

You do have the choice to stay with a landlord.

I see your point. That said, I still disagree on the overall argument

Questionmarktarius posted...
teepan95 posted...
The latter. The philosophy is: no one's forcing you to rent your property out, but if you do you have to do it 'properly'
What that ends up doing, is punishing the very people it's meant to help, as landlords inevitably become more selective.

The evidence suggests otherwise, imo. How do so many households manage to rent if landlords are so selective?
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Romes187
03/16/20 12:11:14 PM
#98:


teepan95 posted...
I see your point. That said, I still disagree on the overall argument

Fair enough sir, at a certain point it all becomes opinion.
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averagejoel
03/16/20 12:12:42 PM
#99:


Romes187 posted...
You don't think paying someone to take on the risk of home ownership is a valuable service?
whether or not it's a service, or a "valuable" one, has no bearing on whether or not it's parasitic. stay on topic here

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Romes187
03/16/20 12:13:12 PM
#100:


averagejoel posted...
whether or not it's a service, or a "valuable" one, has no bearing on whether or not it's parasitic. stay on topic here

parasitic implies all gain and no give

use your words better. And stay on topic here.
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Romes187
03/16/20 12:13:30 PM
#101:


you know exactly what you're doing man...just say that its wrong to call that parasitic
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