- cross-posted to:
- loveforlandlords@lemmy.world
- cross-posted to:
- loveforlandlords@lemmy.world
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“Fix my AC!”
Particularly ironic that this is being framed as “unreasonable” because landlords themselves directly argue that their upkeep of the house justifies the significant upcharge they take from tenants. Like, even if we argued that landlord as a career is 100% acceptable and valid, that would literally be your job, would be like a professional chef complaining about people saying “make me food!”
Had a cook who literally complained about receiving too many different kinds of orders and the customers were not even in a hurry
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As a professional cook it be like that sometimes 😅
I’m sure that is a legit issue and the menu should be planned to reduce that load. In this case the guy was more suited to repetitive jobs in larger scale kitchens which mine isn’t.
I had a rentoid that would call me for the most insane shit all the time. Changing light bulbs, fixing their own personal AC unit and stopping a neibourhood dog from barking.
When they were evicted I held the damage deposit because the hardwood floors and internal doors were damaged to fuck by their dog which they tried to claim as being normal wear and tear.
Yup, people here are generally young and have only had experience being on the tenant side of the equation. Someday they may find out what it is like being on the other side and that tenants can be pigs.
They may be good tenants and assume that most tenants are good tenants. Not realizing how rare that is.
Then you also have the ones who say every landlord is bad, which is clearly them just being a bad tenant.
I put my rent fairly low to help people out but the low income people are generally disasters to rent to.
Aw man, it’s almost like they think they are paying you…
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Not nearly enough. Rents due rentoid.
Sounds rough man. Maybe you should just sell the property, then you wouldn’t have to deal with such things.
Maybe you should buy the property then you won’t have to deal with renting.
I own my house, doesn’t mean I can’t see landlords are leaches that are screwing the housing market.
Anyone who owns a home is a landlord by definition. You’re a lord of alloted land.
It’s silly that you believe that landlords are the problem. The housing crisis is 100% Chinese, Arab and Large buisness investors.
You’re the type that talks about the environmental impact of the people when 80% of pollution comes from a single source.
Anyone who owns a home is a landlord by definition.
I suppose if you completely fail to understand context sure, but why would I bother trying to have a discussion with someone who fails to understand basic context?
The housing crisis is 100% Chinese, Arab and Large buisness investors.
And what are these investors doing? Are they perhaps being landlords and renting out the property?
No. Most of the properties are left empty…
Or just evict them. I rent a portion of my home that I live in.
Bad renters exist, but for every story like yours I have five places I’ve lived in where it took months to fix the A/C in summertime and the landlord just let it fucking go meanwhile holding out their greedy mitts demanding $2000 a month.
2 grand! To live in 90° heat, if I wanted to do that I’d just live on the street.
Fucking landloids.
demanding $2000 a month.
Could be very reasonable or even cheap depending on location.
Does cheap mean they’re allowed to not fulfill their maintenance requirements meanwhile showing up on the dot collection day to take rent?
No. Use your rights. Withhold payment until the service is restored.
This will vary greatly from area to area but in most places for a tenant to withhold payment legally the property generally has to have a problem that would make the property “unliveable”. Like the front door falling off the hinges, no water or no functioning toilets or the landlord has to ignore the problem for an unreasonable length of time.
The A.C breaking in the beginning of summer and it taking a week to get an A.C company to look at it probably doesnt count. Them leaving the A.C broken for the whole three months probably does.
Even the father of capitalism thought landlords were parasites that only leeched off the economy
Adam Smith justifies the existence of rent as improvement in the value of land.
https://www.adamsmithworks.org/documents/chapter-xi-of-the-rent-of-land
Perhaps you’re misunderstanding the term ‘rent-seeking’ which is a different concept entitely
I read through until chapter 1 in that section you linked and he is pretty scathing of landlords and if I understand it correctly his argument is that landlords exist solely to soak up all extra profits above what would leave the tenant just enough to survive.
I feel so bad for mine I’ve raised the amount I tip them every month from ~12% to 20%. You should, too - they struggle so hard.
(Lol)
You should tip at least 200%. Less is just selfish.
Because I love my landlord so much I only communicate with him through my lawyer to make extra sure every letter is worded really nicely and politely, much more polite than anything I would every write him. Also got him two very nicely worded court orders by know he would’ve missed out on if it wasn’t for me.
Ours put our rent up 25% so just because I was upset I paid this month’s rent a week late and they were complaining they needed the money to pay their montgage… Bitch please I don’t wanna hear about your financial problems
They need your money to pay their mortgage. Looks like you are paying for their house. I guess it’s one thing if that house is entirely occupied by you, but I’ve had this very same situation where I’m renting their basement yet paying $1300 (which was actually more than their mortgage)
It’s so fucking disgusting and insulting to not only not be able to afford your own home because of all this b.s, but to also be paying for someone else’s home…
Yeh I support LGBT…
Landlords
GOP
Billionaires
The police
😎
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the alternative is that I don’t rent out part of my house and then there will be less housing
This is only part of it. The “housing shortage” exists not because there aren’t enough homes, but that there are not enough homes on the market. Truthfully, renting out a spare bedroom is not the focus of people’s ire (though through a certain lens it is still a problem, but I won’t go into it here). The problem is that rent seekers are pricing people out of the housing market, which is creating higher demand for rentals, which drives up the market price, ect. It’s a systemic problem, and not necessarily one of individual culpability. Another part of the problem is the commodification of homes: any action taken to address home affordability will necessarily drive down home values (they are the same thing, after all), and many people depend on the value of their home not dropping. It’s a bubble with millions of people at risk of loosing their homes if it pops.
There’s this convenient assumption for landlords that the rental market is full of people who simply want to be renters, or full of people who simply can’t afford to purchase their own home (usually by some moral failing), when the reality is that rent seekers are creating the problem that they claim to be solving. Houses wouldn’t be so expensive if there weren’t so many people buying houses for the purpose of renting out.
All these cucks can blow me.
Of course, there are other reasons why people might be angry with landlords.
You can also tell by her anorexic physique that she’s no landchad. No fridge raiding happening here.
Historically people with the title “lord” have had it so hard.
The Gaylords would like a word
This landlord loving bullshit always starts as a joke until it isn’t.
Buy your own fucking house if you don’t think the owner deserves his rent money.
Can’t. Rich assholes and massive firms are buying them at insane prices so they can rent them out at double what a mortgage would cost. And that drives more people to apartments which drives their prices up.
There’s a housing shortage in my area, and 30 percent of houses are empty. But if you jack up the rent enough, you make more money off those that can pay the ransom than you would by lowering the rent to get all units rented. It’s an artificial scarcity created by landlords.
I work in municipal development and literally every single-family project that’s approached the city in the last 18 months is for rental only, because they figured out that mortgages don’t go up and eventually end, so why sell the houses at all?
That’s an option that is actively being removed by massive firms. Empty houses are common, but available houses are few and affordable available houses are very rare.
It’s expensive to be poor
You’re a troll right? Because I refuse to belive anyone could genuinely be this clueless.
You make use of someone’s services, you pay for it. If you hate landlords, don’t indebt yourself to landlords. I started off with nothing, now I’m a homeowner.
If I’m so fucking clueless, how come I have a mortgage and you don’t?
My old landlord refused to fix our water heater, the leaking roof causing mould and water damage, the outlets that were falling off, the broken light switches that didn’t work, the ceiling light that was flickering and and literally hanging by the wires. All for $2000/month + utilities. Then he kicked us out because he wanted to sell the place, but now he can’t sell it because no bank will touch it with the amount of water damage it has lmao.
Oh ya, can’t forget the 5 times he’s banged on our door threatening us with his lawyer because he stole $100 from us, we asked for it back, but he refused to answer our calls, so we had to wait 12 fucking months before our lease was up and we started paying month to month for us to subtract the $100 he owed us for 12 months from the payment.
I’m a landlord. I’m priced WELL below the market because my tenant is state patrol and is a great guy and a good family. I haven’t raised his rent ever. I will raise it when my HOA goes up next year, but that’s only to help cover my fees. If keep the rent so I can pick the right renters that is compatible with me. I rather have a good renter than a few bucks more a month.
I think the real test is if you give their deposit back. I’ve never gotten my deposit back without a fight, even after cleaning the apartment top-to-bottom. That’s why I always take photos before leaving.
This happened to me once. They sent a guy to check my place out, he said “Looks good, you’ll get your security deposit back.” Then months went by. Well unfortunately for them my BIL is a real estate lawyer and he was happy to draw up a packet of documents I could take to small claims court. I had to serve them about 3 times, each time the cost of serving them got tacked on. They didn’t show so I won by default so now the real work begang, collecting. They FINALLY paid it but I said, “You need to add the cost of serving you to it.” so they drew up a new check. Yup, a pain in the ass.
Shit my place was in better condition when I left than the way it was when moved in and they still wouldn’t give the deposit back.
Free market doesn’t work quite so well when it’s a required item like housing or medical.
Other landlords have different policies, but personally, what I return depends on if things are damaged not caused by wear and tear. So that depends on how long a tenant rents from my place.
Eg., If someone stays for a year and I got new carpets for them and it’s ruined, then I’m charging for the spots that couldn’t be cleaned.
Eg.,2: If someone stayed with me for 3 years and the carpet is already 8 years old, it doesn’t matter if it’s completely ruined, I’m not charging for that carpet.
This holds true for everything in the house.
One of my tenants wants to get a dog and the carpet is already 10 years old. I didn’t even charge more security deposits because once he lives, I’m going to replace that carpet.
This is the way!
My previous landlord was like this. Lived there 4 years, rent never went up. We left the place like we found it (which was pristine).
Just bc you are a great landlord doesn’t mean anyone should be able to hold such power over anyone. Not to mention ownership of land is a human concept we can live without.
Not to mention ownership of land is a human concept we can live without.
How would you do it differently?
So how do you handle it when there are more people than space available? How do you cover the cost of maintenance? What would prevent someone from taking your house without ownership rights?
‘Abolish ownership’ is a pretty simple talking point, how would you make it work in a legal sense?
Who determines what is your responsibility vs the neighbor vs the city? How do you establish legal boundaries for purposes of theft, vandalism, or trespassing?
Laws might seem cold (because they are) or inhumane (because they are) but they are also the thing that keeps society organized. And that makes them one of the most important human inventions. Rights are the result of laws.
If you’re concerned about land prices, or people being ‘priced out’ of things, there are important alternate solutions to that kind of problem. Things like social services, improving education, breaking up super corporations, promoting healthy neighborhood design and small business, etc.
I think one main argument of people that take the ‘abolish ownership’ seriously don’t mean the concept of owning things you need and use, but the concept of claiming ownership of property that you DON’T use and use that as a way of enacting power over others. So I would say it wouldn’t be throwing people out of their homes but that owning property you are not using your self would not be legal. You could grab land or an empty house and it would be yours as long as you need it. Of cause this will not get rid of all the problems and conflict that already exists in some form now, but it doesn’t have to be total chaos and lawlessness.
I don’t have power over my tenants. They have as much power as I do. They can leave and I can also ask him to leave.
They have zero obligation to stay at my place.
I have a space to rent and they need a place to live. It’s a business transaction that both parties benefit from.
Even if you try being a good landlord, dealing with some tenants can really darken your soul…
No such thing as a good landlord.
That’s not true at all.
I move around a lot and have rented from some great landlords in the past who kept the price low, property in great condition and couldn’t be more helpful when I’ve had problems. Granted I’ve had some awful ones too, usually big companies, but it’s definitely not fair to say there aren’t good ones out there.
I get that the world likes things in absolutes, and it’s easy to say that landlords are parasites and shouldn’t exist … but that neglects that not everyone wants to put down roots or go through the property of buying and selling a property every time they move. I’m definitely not defending the big investment companies who are just there to monopolise the market and squeeze every penny they can out of it, but it’s the same with every industry, there will always be bad actors who will exploit the system if they’re allowed to.
Landlords aren’t bad because they treat their tenants poorly, they’re bad because they make a living by monetizing a basic human necessity. It’s like saying there are no good billionaires, or all cops are bastards. Of course there are landlords who treat their tenants well, billionaires who donate a lot of money, cops who actually want to serve and protect, but saying they’re all bad is really saying they are perpetuating a broken system. Landlords are bad because you shouldn’t have to pay a monthly bill to have somewhere to sleep. Billionaires are bad because you can’t make that much money without exploiting the working class. Cops are bad because their complicit in abusing power.
There’s a reason “rent seeing behaviour” is a derogatory term.
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I don’t think privatized water utility companies are any better than landlords. They’re both symptoms of the same broken system. Utilities should really be government services, paid for by taxes. When water treatment is privatized, their business is no longer providing clean water, it’s making money. They just choose to make their money by throttling people’s access to clean water
All rentoids are bad. Rents due poor.
What’s a “good” landlord? Someone that upholds all of their obligations that the law says they have to do in order to make money off of the actual work of others? Still a parasite.
ThEy PrOvIdE a SeRvIcE!
Yes, the service of buying property so now property is unaffordable for me and I HAVE to rent if from you for more than my mortgage would have been, but you know, banks…
There might not be a good landlord, but there might be landlords that are not bad. My rent is low (too low and the government starts adding taxes to compensate your “non-competition”) and did not get increased in the years I have been living here. Broken things get fixed in a reasonable time, there are no scammy charges and so on.
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So does the person who made your coffee this morning not deserve a place to live? What about the person who delivered your dinner? The person who delivers your mail? The one who picks up your trash? The people who built your house? The person who stocks your groceries?
wHaT dO yOu Do FoR a LiViNg?
What does that have to do with your right to a roof over your head?
What do you do for a living?
So you have no idea and just assume they don’t “deserve” to have shelter of their own?
It’s also not as lucrative as most would think. I have a few rentals and it’s certainly not enough to quit my day job in IT. It’s maybe an extra $15-20k in my pocket at the end of the year after expenses and taxes and such, and I spend at least 10-20 hours a week doing accounting, maintenance tasks, coordinating contractors, legal stuff, etc. Sure, the equity is nice too, but it doesn’t do a whole lot for me until retirement age.
As far as whether landlords can be “good”, I see myself as providing a valuable service to those who cannot or don’t want to become homeowners. In a perfect world, those who cannot but want to become homeowners should, but the cost of housing has little to do with rentals and almost everything to do with zoning, development restrictions, and tax structure. Until that world exists, someone has to offer rental properties to these people, otherwise where would they live?
Until that world exists, someone has to offer rental properties to these people, otherwise where would they live?
If all the available housing wasn’t bought up by people wanting an extra 20k a year in rent, they’d live there.
If not landlords (and it often isn’t), it would be owner occupants buying them at equally obscene prices. Contrary to what the media might lead you to believe, something like 80% of housing units are owner occupant.
If not landlords (and it often isn’t), it would be owner occupants
That’s exactly what I’m saying. If it wasn’t for someone purchasing it just to profit off someone else just trying to live, it could be purchased by someone actually living there. You see how that’s better right?
It might be better for that one individual who purchased for themselves, but the people who can afford to buy is a much smaller group than those who can afford to rent. A healthy housing market has a good mix of both, because even if everyone who wants to own does, there will still be plenty of people who want to rent too. Whether it’s because they aren’t planning on staying more than a few years, or simply because they don’t want to have to deal with the tribulations of home ownership of which there are many.
Well, we’re already moving quite the distance from
In a perfect world, those who cannot but want to become homeowners should
In regards to
but the people who can afford to buy is a much smaller group than those who can afford to rent
You did say you were profiting off the rent. So the person paying the rent could afford to make all the payments you are making with the money they are currently spending on rent.
there will still be plenty of people who want to rent too.
I have no problem with people renting out their basement, that is adding to the number of available homes. Single unit dwellings should be illegal to rent out and landlords should have to live on the property they are renting.
The main point I’m trying to make is that rentals existing is not the reason housing is expensive and difficult to obtain, it’s a supply issue. Remove red tape, build more housing, so there’s enough for all the people who want to own and the people who want to rent. Fix that, then see how it balances out with natural market forces, and then you create policy if things are still wacky.
As for profiting off rent, yes, the tenants in any of my rentals could afford a 30yr mortgage payment with the cost of their rent. However, when I start adding in costs like maintenance, property taxes, insurance, and my own time and sweat, most of my tenants are paying similar if not less out of their pocket every month than they would be if they owned the home they lived in, the only difference being that they aren’t building equity. It’s not like they don’t get anything out of the deal either, they never have to worry about finding a plumber for a weekend emergency, or having to dig up $15k when the roof needs replacing, and most importantly, they can move somewhere else with zero risk of going underwater on a mortgage. Now, all that said, there are shitty landlords and property mgmt. companies out there and I would absolutely support reasonable legislation to get them to behave.
As for renting SFH, I disagree, although I am of course biased given that most of my portfolio is SFH. Just because someone doesn’t want to be a homeowner doesn’t mean they shouldn’t have the opportunity to live in a detached house. I’m not strictly opposed to some limitations on SFH rentals, but I still think we need to fix the supply issue before looking at that further. That said, I do think multi unit housing is much more efficient, and if it were made a lot easier to build, a huge number of landlords would readily switch from SFH to that. Heck, I want to replace some of my SFH rentals with multi units (I think du/triplexes are a good balance without sticking out too much in an otherwise SFH neighborhood), but getting planning approval for it is such a byzantine nightmare that I’ve given up for the most part.
My mom rented out 3 apartments and earned barely enough to take care of the two of us. A significant portion of her expenses go toward treating her type 1 diabetes
ah, the typical landlord. A good example of a useless “jobs” that litter the world
Paranormal story here…
I have the first good landlords I’ve had in my entire life. We have a clean, decent townhouse - two stories w/ unfinished basement. It’s in a safe residential/school zone, right behind my work, and he’s renting it to us for several hundred less than he could be getting based on other similar rentals. I guess he grew up here and has sentimental attachment, and just wants it taken care of. He purchased the connecting unit and is renting it equally low to other great tenants who take care of it. Guy is a defense lawyer and doesn’t need to squeeze every drop out of it I guess.
Him and his wife are super considerate of our time and our needs, get us nursery/greenhouse gift cards in the spring and Christmas baskets every year. They’re fucking anomaly and it’s absolutely perplexing after two decades of shitty landlords.
Oh, the hard, hard life of the rent-seeker who is stupidly greedy and unwilling to lose a little bit of profit to pay somebody else - like an agency - to take care of all the work and manage their assets, so instead of making money purely from having money without lifting a finger, they have to suffer the indignity of actually working a few hours a week like poor people.
The pain and suffering must be unbearable…
If there’s something that landlords and tenants can agree on, I think it’s that real estate agencies are the absolute fucking worst.
“Rent-seeking” as an economic concept is not when you collect rent, as a landlord does.
In Economics “rent-seeking” is seeking to receive a “rent”, but the concept of “rent” here is broader than merelly the kind of rent paid for a property (for example, when banks place themselves in the position to get a commission out of every small financial transaction out there, through “Touch To Pay” schemes, they are “rent-seeking”).
So whilst not all rent-seekers are landlords (probably not even most rent-seekers), all landlords are rent-seekers, which is exactly how I handled those definitions in my post.
Your post is like saying “‘Apple’ is not the same as ‘fruit’” when somebody else whilst talking about apples called them “fruit”.
Landlords aren’t necessarily rent-seekers (though some individuals conceivable could be) as economists use the term, and your lack of understanding of economic rent-seeking is something you can fix.
Rent-seeking is a concept in economics that states that an individual or an entity seeks to increase their own wealth without creating any benefits or wealth to the society. Rent-seeking activities aim to obtain financial gains and benefits through the manipulation of the distribution of economic resource
Providing a home is a benefit to the society.
Credit processors (what you’re calling “banks”) provide a service to merchants. They are also not rent-seeking.
Tenants do have rights. If the AC is owned by the landlord and part of the lease is on the landlord to fix it. And rent control is to keep rent from reaching New York closet for $6K levels.
