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this post was submitted on 14 Nov 2023
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A Boring Dystopia
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Was the apartment bought with the intention to make profit? I understand what you’re saying, and maybe you inherited that apartment and it’s more effort than it’s worth. My overall concern is that as a whole, housing shouldn’t be seen through the lens of making someone else money - it should be a basic human right.
So surely you always have the option of just… not renting out a property?
I bought it to live in it when I lived in France for a few years in the late 90's. Then I kept it as an investment, and I put it up for rent to offset the maintenance costs and the taxes.
I didn't buy it to profit richly from my tenants, or make a living out of renting properties, if that's what you're driving at.
And you're right, I want out and I'm selling it. And you know who will buy it? Someone who wants to live in it. It's never going to be someone who wants to put it up for rent, unless they've gone funny in the head.
Meaning it's gonna be one less property that an idiot like me will put on the renting market. If the French government wanted to promote cheap rents, they're getting the exact opposite effect with their crazy anti-landlord laws: affordable places for rent are getting rarer and rarer because ordinary landlords like me looking to have a property to pass on to their children just don't want to deal with this shit.
Yeah, you’re right in that governments aren’t exactly helping with the problem either - there’s a lot of wanting to have their cake and eat it too. I hope you don’t think I’m attacking you for owning a property btw - I’m frustrated at the system, especially in my country, where the laws aren’t changing to help people own homes or protect renters, because the ones making the laws usually have a strong investment in housing themselves
to be honest like the way the french government is trying to violate other's peoeple privacy, also sharing info about bad tenants- and bad landlors too- is of big importance for both sides, and in some regards certain countries are already ahead in this context by using metrics among them a social score. Using an app like Airbnb to find a (well reviewed) tenant and then charge him/her regular rent could have helped prevent this but i am no landlord, so ..