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Fucking leeches (lemmy.dbzer0.com)
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[-] mechoman444@lemmy.world -1 points 1 month ago

I don't understand. What exactly is the complaint here? That they're over charging or charging at all?

Or is this just bandwagon hate on a common and ancient business practice?

Because there is nothing immoral or unethical about having multiple rental property.

And don't give me this shit about how they're evil for over charging. The middle class holds all the power all we're lacking is organization and education.

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[-] Melvin_Ferd@lemmy.world -1 points 1 month ago

I mean why not?

[-] finitebanjo@lemmy.world -1 points 1 month ago* (last edited 1 month ago)

In this specific example the 4 rental homes likely don't even pay for themselves. Add up the mortgage, insurance, maintenance averages, and property taxes then divide by units and subtract the average rent (include vacancies in the average): that's how much you make per tenant.

At most I could see a profitable location with 4 units covering groceries and vehicles, but not vacations. You would need more like 8 or 9 units for that. Bonus points if they're combined into a single building to reduce maintenance costs and save on heating.

This meme seems to specifically target mom & pop level operations. If the Tenants are really such victims they should just get together buy the property out.

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[-] thisfro@slrpnk.net -2 points 1 month ago

I had to rant in a couple of comments because I drives me crazy when people defend leeching.

On a more constructive note: Housing cooperatives. I think they should be more widespread. Some people come together to build a house and then live in it for the cost it takes to actually support it. No crazy big apartments with a reasonable amount of people (roughly one bedroom per person), shared luxury such as gardens, in house shops, hell even a pool if you want. There is no leeching, just collective ownership.

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[-] Nastybutler@lemmy.world -2 points 1 month ago

ITT: people who want free housing without understanding the costs of owning a house

[-] jerkface@lemmy.ca -1 points 1 month ago

Imagine that, people in the wealthiest nations in the world, wanting to meet their basic needs for survival with dignity. Ha ha ha, when will they ever learn, right my friend?

[-] commander@lemmings.world -2 points 1 month ago* (last edited 1 month ago)

Owning a house isn't that expensive.

I own one. It's so much cheaper than renting it's not even funny. I could pay someone to do all the work I don't want to and still come out so far ahead it's not even funny.

Renting is a scam and only useful idiots and scammers defend it.

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this post was submitted on 08 Mar 2025
319 points (96.5% liked)

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