Everyone paints landlords as money grubbing evil people. I own a couple rental houses and set prices so that my return is 7% annually. While that may paint me as the description above realize this; that price was set when I set a tenant and only increases with inflation. The majority of my units are 25% below market rates because once I have a good tenant I don’t see a reason to make more work for me. 7% return and I never hear from them is worth it in my mind.
While the vast majority of wages don’t, not nearly enough to keep with inflation. Surely you can see the problem here, right? I agree with op that you should get a real job.
But yeah, putting the blame on individual landlords isn’t very productive. The core issue here is the capitalist system that allows landlords to exist in the first place.
There are very few jobs that actually give annual raises that keep up with inflation. You are no better than corporations that raise the price of food for no reason, other than following an arbitrary market metric(inflation) You should give your tenants 3 months free rent for Christmas, and give them the option to buy the properties from you for what you bought them for, and get a real job.
Everyone paints landlords as money grubbing evil people. I own a couple rental houses and set prices so that my return is 7% annually. While that may paint me as the description above realize this; that price was set when I set a tenant and only increases with inflation. The majority of my units are 25% below market rates because once I have a good tenant I don’t see a reason to make more work for me. 7% return and I never hear from them is worth it in my mind.
While the vast majority of wages don’t, not nearly enough to keep with inflation. Surely you can see the problem here, right? I agree with op that you should get a real job.
But yeah, putting the blame on individual landlords isn’t very productive. The core issue here is the capitalist system that allows landlords to exist in the first place.
There are very few jobs that actually give annual raises that keep up with inflation. You are no better than corporations that raise the price of food for no reason, other than following an arbitrary market metric(inflation) You should give your tenants 3 months free rent for Christmas, and give them the option to buy the properties from you for what you bought them for, and get a real job.