Landlord Party In Berkeley Ends In Fights - eviltoast
  • Fraylor@lemm.ee
    link
    fedilink
    arrow-up
    68
    arrow-down
    7
    ·
    1 year ago

    It’s almost like this shit shouldn’t be an investment at all.

    • Cleverdawny@lemm.ee
      link
      fedilink
      arrow-up
      10
      arrow-down
      40
      ·
      1 year ago

      Someone needs to build and rehab rental houses and put up with tenants. No one is going to do that for free.

      • Fraylor@lemm.ee
        link
        fedilink
        arrow-up
        28
        arrow-down
        6
        ·
        1 year ago

        Doesn’t need to be free, it also doesn’t need to be profit either.

        • Cleverdawny@lemm.ee
          link
          fedilink
          arrow-up
          10
          arrow-down
          33
          ·
          1 year ago

          Without profit, you’re asking for them to sell their labor and expertise for free. Profit is the compensation people gain for the risk of making an investment, for the time and expense of doing what is necessary to manage and actualize that investment, and their expertise in knowing how to do so properly.

          • Fraylor@lemm.ee
            link
            fedilink
            arrow-up
            28
            arrow-down
            5
            ·
            1 year ago

            Well, expertise is a very, very generous term to use for landlords in any way, shape, or form. And let’s be real, for how much profit they make off of the labor of other people, them having to break a nail wouldn’t kill anybody.

      • Prandom_returns@lemm.ee
        link
        fedilink
        arrow-up
        10
        arrow-down
        5
        ·
        edit-2
        1 year ago
        1. The state
        2. The state.
        3. Not for free, but the state.

        Just like social housing. But for everyne.

        If you want to own a home, buy it from the state.

        If you can’t afford it, rent it from the state.

        If you want to buy it, but can’t afford it, do the bank thing, but with the state.

        • Cleverdawny@lemm.ee
          link
          fedilink
          arrow-up
          4
          arrow-down
          12
          ·
          1 year ago

          Yeah, uh huh, okay. So go do that if you really think you can come up with public housing that isn’t a fucking nightmare. And if you think you can get it passed. Until then, the rest of us have to live in the real world.

          • aesthelete@lemmy.world
            link
            fedilink
            arrow-up
            8
            arrow-down
            3
            ·
            1 year ago

            Yeah, uh huh, okay. So go do that if you really think you can come up with public housing that isn’t a fucking nightmare.

            The FHA is already involved with lots of real estate transactions. The VA already provides some of the best loans in the country to military personnel. Just because you cannot envision the state being involved in housing without it turning into housing testaments from USSR doesn’t mean it’s not possible.

            • Cleverdawny@lemm.ee
              link
              fedilink
              arrow-up
              4
              arrow-down
              5
              ·
              1 year ago

              Yep, and the great thing is that people have other choices, too. I’ve got no problem with FHA, VA, USDA loans.

            • Cleverdawny@lemm.ee
              link
              fedilink
              arrow-up
              4
              arrow-down
              4
              ·
              1 year ago

              You want the state to have a monopoly on rental housing and the sale of houses. That’s what I read.

              • Prandom_returns@lemm.ee
                link
                fedilink
                arrow-up
                6
                arrow-down
                4
                ·
                1 year ago

                That’s correct. How is this “social housing nightmare”? Instead of the bank owning your house, the state will.

                • Cleverdawny@lemm.ee
                  link
                  fedilink
                  arrow-up
                  3
                  arrow-down
                  8
                  ·
                  1 year ago

                  Sounds awful. I don’t want ownership of my house to be exposed to malicious politicians and underfunded, incompetent bureaucrats following Byzantine regulations.