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submitted 1 year ago by Custoslibera@lemmy.world to c/memes@lemmy.ml
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[-] nodsocket@lemmy.world -1 points 1 year ago

If you're talking about the owner of a property company, that's a company owner not a landlord. Still a tough job to run a company.

[-] tocopherol@lemmy.dbzer0.com 2 points 1 year ago

What does it mean to be a landlord then? Are you saying the properties owned by these companies have no landlord? I don't doubt it's a tough job to run a company, I still don't think that justifies the amount of our profits we give up to ensure we have shelter.

[-] nodsocket@lemmy.world 2 points 1 year ago

Properties owned by a corporation do not have a landlord. They are owned jointly by a group of investors who assume the financial risk. You can be a property company investor too if you want, there are a number of such companies called REITs that sell shares on the stock market and return a quarterly dividend.

this post was submitted on 02 Oct 2023
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