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When Your Landlord Is a Billion-Dollar Corporation
(thewalrus.ca)
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this post was submitted on 05 Dec 2024
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Just a reminder, they're just better at being landlords. All landlords, every single one, is responsible for this, they were just too inefficient to raise rents this high this fast before becoming conglomerates.
Having more capital to invest in numerous properties that can be listed at whatever price they want, with the ability to leave them empty if no one is willing to rent them, is not "better at being a landlord".
It quite literally is. That's the purpose of being a landlord, exclusively, is to lord over land and expand your domain with the profits.
All landlords are leeches, all landlords would rather leave homes empty than rent them as long as the line goes up, all landlords exist still lely to make money from having money.
You should work on the binary thinking pattern displayed here because "quite literally" one does not need to invest in numerous properties to be a landlord, and not all landlords are mega corporations looking to sheer every sheep they can see.
In fact, some run Inns.
All landlords are rich people that hoard land and then, if they're inefficient, hold it hostage in exchange for many times its worth.
It is literally the explicit purpose. And yes, some landlords own inns, that they rent to inn keepers and proprietors that then sublet. They do not run the inns if theyre landlords.
I have family who own property with additional housing on it that they rent well below cost to students attending the local University.
Your argument of "all landlords" now fails with one example which is why I said "You should work on the binary thinking pattern displayed here".
No, it literally isn't.
No, by definition an "Innkeeper" is a "landlord" as they own/maintain/rent the Inn in question. You are confusing an Innkeeper with a Groundskeeper, or "employee", when they are not the same.
You’re right, but you’re not going to change their mind. The power of propaganda!
How is it always the landlords that end up defending their disgusting practices.
There is a difference between defending disgusting practices, and correcting the record.
Your claim is "all land lords bad".
Many are, and it sucks. But many aren't, and that is why you are wrong.
Take care.