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Joined 1 year ago
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Cake day: July 1st, 2023

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  • mke_geek@lemm.eetoMemes@lemmy.ml*Permanently Deleted*
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    1 year ago

    Being a landlord is a job. There’s no exploitation with renting out properties. People expect to get paid for their job. This is an extremely simple concept. I can’t fathom why you’re not understanding. Maybe I need to make it even simpler?

    • Landlord = self employed
    • Self employed = Charges for services rendered
    • Rent = Payment in exchange for services

    renting prices are effectively almost exclusively profits for the owner of the rented space

    This isn’t even true either.







  • mke_geek@lemm.eetoMemes@lemmy.ml*Permanently Deleted*
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    1 year ago

    It’s not exploitation because people have a choice of where to live. There’s hundreds of rentals in any given area and millions of rentals across the country. There’s not just one place for people to live. There’s also the option of living with family or friends.



  • The homeowners who let their house rot because they couldn’t afford to fix it or they just didn’t care? There’s been so many foreclosures that were blights on the neighborhood until investors bought them, fixed them up, and rented them to families who wanted a nice place to live.


  • emergency savings

    Not everyone who owns a house has emergency savings. Not everyone is good at saving money.

    Can’t say the same when waiting for profit-driven landlords to go through the script of checking it out themselves, finding some reason to claim its not broken, and then eventually pestering them for long enough that they do their damn job and hire someone to fix it in a couple weeks.

    Not sure where you’re getting that false narrative from.

    I’m sure I could build a nice doomsday-prepper shack in the woods somewhere for $70k, though.

    Or a single family house in a Midwest city. The United States isn’t just the coasts, you know. There’s a huge portion of land in between.

    And you don’t see how landlords—who are buying more real estate than they actually use—create increased demand?

    People live in those properties, they’re not “unused”.



  • mke_geek@lemm.eetoMemes@lemmy.ml*Permanently Deleted*
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    1 year ago

    Again, there’s no hoarding.

    The article you linked is misleading. Houses are vacant for various reasons. Some are temporarily vacant:

    • some are undergoing renovations
    • some are between tenants
    • some are for sale

    Some are more permanently vacant because they’re in such a state of disrepair that they can’t be lived in.

    Rental property owners rent out properties, which keeps people housed and off the streets. However there’s been a lack of housing development over the past decade in the United States which leads to a housing shortage.



  • mke_geek@lemm.eetoMemes@lemmy.ml*Permanently Deleted*
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    1 year ago

    Paying rent is trading money for a service.

    Owning a property means shelling out money, sometimes unexpectedly. The furnace goes out in the middle of winter? Better fix that quick. Don’t have the money? Let it get to freezing now your pipes burst and that’s just thousands of dollars more to spend on top of the thousands of dollars to replace the furnace.


  • mke_geek@lemm.eetoMemes@lemmy.ml*Permanently Deleted*
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    1 year ago

    Home Depot is just one example. Any other example works.

    People can grow their own food but choose to use the grocery store. The grocery store charges more for the food than they pay for it, because they’re providing a service.

    Pharmacies sell medication and people buy from them. They are providing a service of having all the medication in one place.

    People trade money for goods OR services. That’s how the economy operates.