Quote:
Originally Posted by Purrybonker
Seems like much hubris on display here.
Rent seekers are possibly amongst the least contributing form (I too confess to being a landlord) of capitalists amongst the capital obsessed world we live in and seem to adore.
They contribute nothing, zero, zip, ziltch to the general advancement and well being of society.
In fact, as we have seen recently as housing has become an extremely inflationary force in recent times (perhaps largely because of Covid), we see huge corporations investing billions buying up housing as rental properties to take advantage of increased demand in the face of housing shortages.
It is obvious that home occupancy costs can only see upward pressure in such an environment.
This can only be deleterious for all of our general well being. More homeless? More people unable to afford the simple basics of life?
Who wants to live in such a world, or sees such pressures as a positive force?
I guess I'm suggesting that this, in particular, is an environment where we probably would benefit as a society from government involvement and control.
Business people, people who develop new concepts, industries and inventions, these are the capitalists that advance our world.
People and corporations with simple wealth, owning housing, particularly as a predatory profit motive contribute nothing and are, in fact a net negative to the advancement of our world.
Just my HO.
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Ok, I agree with you to a certain extend, so lets hear your suggestions?
I have two SFRs left empty since covid. My very nice tenants informed me of her job lost at the very beginning of covid, writer, the other, studio lighting. I let them go without holding them to their least. Its the right thing to do, so they left for their home states. The thought of renting to someone else without eviction puts the fear of god in me also, knowing they can destroy the place in front of my very eyes and it has to be repaired on my dime (while they walk away free and clear of anything but a F you). Eviction takes about 5-7000 bucks here and it takes 6 months normally. Now, with the courts backed up, it may take up to a year or more (another year of free rent). My other dead beat, has a job, but decided to not pay me since the announcement of this BS none eviction. I have to believe that there's still great and honest people out there. My other tenants that rent my SFRs have been fantastic, pay on time and never any issue. In the mean time, I am paying to repair small tears in the screens, pay whatever fees and permits they deem necessary so they can keep their pay scale up at about 95k a year sitting behind their desk working for the city raping us of every fees possible. These are the people you suggested that should regulate or be involve in my life long investments and the huge risks I have taken to get here. Tell me how they benefit me with their involvements? My ears are now opened.