It's almost like this shit shouldn't be an investment at all.
Someone needs to build and rehab rental houses and put up with tenants. No one is going to do that for free.
Doesn't need to be free, it also doesn't need to be profit either.
Without profit, you're asking for them to sell their labor and expertise for free. Profit is the compensation people gain for the risk of making an investment, for the time and expense of doing what is necessary to manage and actualize that investment, and their expertise in knowing how to do so properly.
Well, expertise is a very, very generous term to use for landlords in any way, shape, or form. And let's be real, for how much profit they make off of the labor of other people, them having to break a nail wouldn't kill anybody.
Depends on what they're doing. Rehabbing a house that has been trashed or abandoned and doing so in a safe and efficient manner takes work and expertise.
You mean when they're finally forced to hire a contractor?
Have you ever been a landlord? It feels like you haven't, and are just repeating buzzwords like "they dont work but get money!".
Sure sounds like you have.. have you tried getting fuxked lately?
I have not been a landlord, but I've dealt with many... and the amount of sympathy I have for them has decreased exponentially.
You have had shitty landlords then.
You don't say!
No need to repeat yourself
Since when are facts buzzwords?
The state
The state.
Not for free, but the state.
Just like social housing. But for everyne.
If you want to own a home, buy it from the state.
If you can't afford it, rent it from the state.
If you want to buy it, but can't afford it, do the bank thing, but with the state.
Yeah, uh huh, okay. So go do that if you really think you can come up with public housing that isn't a fucking nightmare. And if you think you can get it passed. Until then, the rest of us have to live in the real world.
Yeah, uh huh, okay. So go do that if you really think you can come up with public housing that isn’t a fucking nightmare.
The FHA is already involved with lots of real estate transactions. The VA already provides some of the best loans in the country to military personnel. Just because you cannot envision the state being involved in housing without it turning into housing testaments from USSR doesn't mean it's not possible.
Yep, and the great thing is that people have other choices, too. I've got no problem with FHA, VA, USDA loans.
It's not public housing, you did not understand what I wrote.
You want the state to have a monopoly on rental housing and the sale of houses. That's what I read.
That's correct.
How is this "social housing nightmare"?
Instead of the bank owning your house, the state will.
Sounds awful. I don't want ownership of my house to be exposed to malicious politicians and underfunded, incompetent bureaucrats following Byzantine regulations.
Lmao, yeah... Now you get all that AND you're paying for it.
Good luck.
Not really. We are in a best of both worlds situation here, with government credit backing competitive private loans.
Capitalism fanboys are the worst... You're either a landlord, a boomer or deranged.
"Best of both worlds". While housing crisis destroying lives of young people around the world. How fucking dare you.
Kiddo, the reason we have a housing crisis is because of restrictive zoning and other barriers to redevelopment or new construction. Very much not "capitalism."
You are fucking high or really deep up your own ass.
There are developments and developments of new housing that are empty. Maybe in good ol'murica, with your stupid racist zoning laws you have different issues. In Europe, the new developments are scooped up by resale/rent companies before the architect touches a mouse. And they can afford to keep them empty, at high price, because the ridiculous margins that they charge other tenants. Some of the developments are bought out as investments, because "line goes up". Capitalism all the way.
I'm done wasting my time explaining you what is happening in the world. Enjoy the smell.
It's almost like this shit shouldn't be an investment at all.
Someone needs to build and rehab rental houses and put up with tenants. No one is going to do that for free.
Doesn't need to be free, it also doesn't need to be profit either.
Without profit, you're asking for them to sell their labor and expertise for free. Profit is the compensation people gain for the risk of making an investment, for the time and expense of doing what is necessary to manage and actualize that investment, and their expertise in knowing how to do so properly.
Well, expertise is a very, very generous term to use for landlords in any way, shape, or form. And let's be real, for how much profit they make off of the labor of other people, them having to break a nail wouldn't kill anybody.
Depends on what they're doing. Rehabbing a house that has been trashed or abandoned and doing so in a safe and efficient manner takes work and expertise.
You mean when they're finally forced to hire a contractor?
Have you ever been a landlord? It feels like you haven't, and are just repeating buzzwords like "they dont work but get money!".
Sure sounds like you have.. have you tried getting fuxked lately?
I have not been a landlord, but I've dealt with many... and the amount of sympathy I have for them has decreased exponentially.
You have had shitty landlords then.
You don't say!
No need to repeat yourself
Since when are facts buzzwords?
Just like social housing. But for everyne.
If you want to own a home, buy it from the state.
If you can't afford it, rent it from the state.
If you want to buy it, but can't afford it, do the bank thing, but with the state.
Yeah, uh huh, okay. So go do that if you really think you can come up with public housing that isn't a fucking nightmare. And if you think you can get it passed. Until then, the rest of us have to live in the real world.
The FHA is already involved with lots of real estate transactions. The VA already provides some of the best loans in the country to military personnel. Just because you cannot envision the state being involved in housing without it turning into housing testaments from USSR doesn't mean it's not possible.
Yep, and the great thing is that people have other choices, too. I've got no problem with FHA, VA, USDA loans.
It's not public housing, you did not understand what I wrote.
You want the state to have a monopoly on rental housing and the sale of houses. That's what I read.
That's correct. How is this "social housing nightmare"? Instead of the bank owning your house, the state will.
Sounds awful. I don't want ownership of my house to be exposed to malicious politicians and underfunded, incompetent bureaucrats following Byzantine regulations.
Lmao, yeah... Now you get all that AND you're paying for it. Good luck.
Not really. We are in a best of both worlds situation here, with government credit backing competitive private loans.
Capitalism fanboys are the worst... You're either a landlord, a boomer or deranged.
"Best of both worlds". While housing crisis destroying lives of young people around the world. How fucking dare you.
Kiddo, the reason we have a housing crisis is because of restrictive zoning and other barriers to redevelopment or new construction. Very much not "capitalism."
You are fucking high or really deep up your own ass.
There are developments and developments of new housing that are empty. Maybe in good ol'murica, with your stupid racist zoning laws you have different issues. In Europe, the new developments are scooped up by resale/rent companies before the architect touches a mouse. And they can afford to keep them empty, at high price, because the ridiculous margins that they charge other tenants. Some of the developments are bought out as investments, because "line goes up". Capitalism all the way.
I'm done wasting my time explaining you what is happening in the world. Enjoy the smell.