By saying being a landlord is not a job and implying that everyone should get handed a house to live in - this post is saying renting should not be allowed / an option.
If there is no financial incentive to maintain the house, then there is no reason anyone would become a landlord / rent out their property.
Most people also fail to consider how expensive it can get to own a home, even if you’re renting it out. Rent covers unexpected costs of the home. For example, through no fault of anyone - a tree put its roots through your main sewer line and now the house has been filled with back up nastiness. In this situation - is the landlord / homeowner expected to come up with the money out of their own pocket when the rent is capped at the mortgage? Something like that can easily cost upwards of $20,000. Landlords just magically make money appear to cover the maintenance?
Renting is more like insurance. You pay a fixed rate while the landlord takes the risk of potentially having to put out a large sum of cash in a short period of time. Just because you didn’t get in an accident today doesn’t mean your insurance company didn’t pay out claims today. It’s a shared risk for all renters of the property instead of them being directly on the hook.
Yearly, October typically.