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If you make a profit for allowing another person shelter (particularly if you don't need that space for yourself and/or your own family), then you are a parasite.
A bit of a hyperbole, but for the sake of this discussion, let's say there is a house and no one can afford it but me. If I don't buy it and rent it, no one can live in it. What would be the right thing to do?
The market determines the price. If no one can afford it the price is too high.
Reduce the price of the house
I take umbrage with the hypothetical itself. Do you believe that buying the property and renting it out is the only possible solution here?
The "right thing" would be to not have a situation like that in the first place where only one person (or one small group of people) can afford to own the roof over their head.
But, obviously, an option you're neglecting here, is letting people live in the property without paying rent. Nobody is forcing you to make a profit off people's basic needs for survival.
No, but if they don't, someone else will.
This is supposed to be where the law/govt steps in so nobody CAN profit off of basic needs like this. Just like Healthcare, we can have a mountain of limp CEOs and still nothing will have changed until the law changes.
But maybe I'm wrong, maybe we should let The Adjuster do his job and see what happens. I hope property management CEOs realize they're the #2 spot underneath health insurance.
Bro, who here is talking about CEOs and "The Adjuster" (cringe)?
Not really... In the hypothetical (and in real life), nothing is stopping anyone from buying the property and allowing people to stay free of charge.
If you didnt buy it in this scenario, then market pressure eventually pushes the proce down until someone is willing (and able) to buy it.