Current Events > It's not just renters. Landlords are struggling, too

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As others have said, buying up property just to rent it out is basically scalping for homes.


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Musourenka posted...

As others have said, buying up property just to rent it out is basically scalping for homes.

I disagree, renters are either not interested in or able to buy a house so a landlord buying a home doesnt effect the renters situation, beyond offering another option to rent once it hits the market.

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I pay $192 a month to the government for my housing. It's a nice little 3 room house. I don't have to do repairs, or pay for gas and water unless I exceed predefined usage limits. I seldom ever come close to those limits, let alone exceed them. That's with three of us living in this house. On an income of around $1600 a month from myself and $850 in SSI from my mom.We don't have to maintain the house or the surrounding property but we do have to pay a small maintenance fee whenever a light goes out, or a fixture in the house breaks from wear-and-tear or personal error. Trash has to be done once a week and if you have a pet you have to clean up after them. Relatively standard rules.

We are also a smoke free/drug free property. If you have to smoke, you need to go out to the road to do it. If you have illegal drugs at all, you're given 3 chances to clean up or else you're gone.

Landlords absolutely are not the only way rentals can be handled. And all of my past landlords have either been extremely vile or basically servants to a larger corp that would raise our rent with no real reason for doing so, and not even warning us UNTIL the rent was due at the new rates.

Landlords are also not exactly the entire issue with housing prices though. A lot of it is extremely lax rental and price regulation that has lobbied for by groups with a vested interest in driving your rent prices and your mortgage payments as high as they possibly can.

Blaming the landlords is honestly foolish, since there ARE good ones. The oandemic is hard on everyone, landlords included, and honestly we need incentives for both the people who cannot pay rent, and the landlords themselves.


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Aysander posted...

I pay $192 a month to the government for my housing. It's a nice little 3 room house.

If that's sustainable without external subsidies, then I'll join the anti-landlord mob.

Aysander posted...

I pay $192 a month to the government for my housing. It's a nice little 3 room house. I don't have to do repairs, or pay for gas and water unless I exceed predefined usage limits. I seldom ever come close to those limits, let alone exceed them. That's with three of us living in this house. On an income of around $1600 a month from myself and $850 in SSI from my mom.We don't have to maintain the house or the surrounding property but we do have to pay a small maintenance fee whenever a light goes out, or a fixture in the house breaks from wear-and-tear or personal error. Trash has to be done once a week and if you have a pet you have to clean up after them. Relatively standard rules.

Out of simple curiosity, how do you qualify for a three-room house at under $200 a month when your collective income is around $2,400 a month?

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You can tell who is poor and entitled in this topic

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They should bootstrap themselves into a real job and stop spending all their money on avocado toast.

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Classic phil

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Just wait until they are so broke they shut the water and other utilities off under everyone catches up on their bills

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I'm a landlord, but I also have a job.

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