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I can walk into a bank today with a mortgage cheaper than rent, and I’ll be denied cause I don’t make enough money, explain that logic to me.

A) This is a hoax account

B) You can still get cheaper housing if you don't live in the whitest, red-lined-ass, suburban enclaves in your state

C) Even then, it doesn't matter, because landlords primarily benefit from very low borrowing costs rather than low housing costs. A $300k house was still functionally unaffordable to anyone earning $45k/year, unless your credit score got you one of those sweet sub-3% ZIRP era loans. Renting was effectively paying a vig to a guy with a better interest rate than you.

D) ZIRP also flooded the market with the excess cash that made $300k basic bitch housing possible. And then turned those $300k homes into $600k homes 15 years later.

E) Build Public Housing

F) And municipal mass transit, so you don't have to sit in traffic for a hour every day

This isn't small timers, it's corporations buying up all of the housing, building only "luxury" apartments and price fixing the fuck out of the rent.

Then they spout "Trickle Down Housing" where the "luxury" apartments will be available in 30 years.

Lots of people seem to be missing this - Chase Passive Income is a satirical account.

Is this satire?

This is the, “If I don’t do it, someone else will,” argument. Which is true.

There is always all least one other ass hole out there.

Yes, this is a satire account, but I've heard the exact same crap from so-called "small landlords" who think clearly the problem is someone else.

Every small contributor that makes up the bulk of the problem thinks the REAL problem is the one that's bigger than them and they're the small potatoes, or the good one.

This applies to EVERYTHING. Not just property.

That's very nice. Now please face the wall.

I get that it's satire but it makes a good point. It is the government's problem that renting out property is financially incentivized. We can't expect any significant number of landlords to start charging below market rent. Especially because many of those landlords are public corporations who must act in the interest of their shareholders, directly against the interests of their tenants. This is the government's problem to regulate and in absence of the regulation effort is better spent targeting government than individual landlords/corporations imo. Ya the government won't do anything, they are the landlords after all, but at least there's a path to changing the financial incentive through government.

The problem tellimg the country to… remove him? Thats a first

This has to be satire. TELL ME IT'S SATIRE!