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this post was submitted on 12 Oct 2023
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You've also taken that starter home off the market, preventing someone else from being able to own a home and follow your path to ownership of a forever-property.
If it's not unethical at one rental property, when is it? Two? Three? Five?
In Europe, maybe yes this would make sense.
But in the US? Not a chance, there's so much space you're not taking anything from anyone.
No argument, but there does need to be a certain rental market density. Not everyone wants to own, thats why we bought an easy to maintain unit near a university. Air BNB, holiday homes and "property parking" are the ones taking things out of circulation.
Answer me this. Why should I take on the moral burden of the ethics and not a property group that owns literally hundreds of properties? Thats what I'm saying, these "landlord" memes seem to be trying to make me making a good choice as one family unit a despicable act in the eyes of "working people" when the people with real money and real power who have no shame and dont care just sieze the opportunity if I dont.
you're doing less of the same thing the huge property groups are doing, but you're still doing it