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CNBC breaks shocking news
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this post was submitted on 03 Dec 2023
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Some folks are able to buy a home but choose to rent because they can also afford a landlord that'll actually do the job a landlord is hypothetically there to do and fix the place up if there's an issue
Weird to me how hypothetical a landlord's "job" is compared to, y'know, any actual job.
Yeah they're all parasites unless I'm demanding they fix something then I need them and life sucks unless they do a bunch of work.
People love to trash landlords for not working 24/7 the same way they trash teachers for having summers off, but when it rains it pours for landlords and problems always come at the worst time.
There are good landlords and there are bad landlords. Just like tenants.
The difference here is teachers provide a valuable service, and landlords do not. I don't care how good the good ones are, their entire job is "had enough money some years ago to buy a building, and now lives off other people's income".
In all my years renting from individuals to big property management companies, good and bad alike, never was it easy to get things fixed which is apparently the only advantage to renting. Days/weeks/months go by, all the while I'm dumping money into their pockets for the privilege.
At least when owning, the money I have to spend on my mortgage and repairs is going toward the value of my house, and not the ethereal void that is a landlord.
Landlords do provide a service. You said it yourself, they handle building maintenance. Are they generally lazy and overcharging, also yes
A proper landlord pays someone to maintain their buildings.
The landlord does nothing except sit on their arse and collect money they use to pay the people to maintain their properties.