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Happy Labour Day to people who are not landlords.
(lemmy.world)
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this post was submitted on 04 Sep 2023
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Labor that they (under-)pay someone else to do, using the money that we (over-)paid them for the privilege of paying the mortgage (plus profit) while receiving no ownership in return.
They don’t reside there, they don’t do any work there, and they didn’t even put up the money — the bank did.
To quote Office Space: What would you say you do here?
In other words, there's a good fucking reason they call it "passive income."
They call it passive income so people aren't upset when their money is stolen from them.
If you don't pay your mortgage then you're paying someone else's mortgage, and taxes, and insurance in exchange for a place to live. That's how it works. Don't blame the player blame the game. I'm not a landlord but how you gonna have rental properties without landlords?
publicly operated social housing, like in semi functional parts of the world outside the US and UK
The game is these landleeches exploiting people