this post was submitted on 09 Dec 2024
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No Stupid Questions

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Reason I'm asking is because I have an aunt that owns like maybe 3 - 5 (not sure the exact amount) small townhouses around the city (well, when I say "city" think of like the areas around a city where theres no tall buildings, but only small 2-3 stories single family homes in the neighborhood) and have these houses up for rent, and honestly, my aunt and her husband doesn't seem like a terrible people. They still work a normal job, and have to pay taxes like everyone else have to. They still have their own debts to pay. I'm not sure exactly how, but my parents say they did a combination of saving up money and taking loans from banks to be able to buy these properties, fix them, then put them up for rent. They don't overcharge, and usually charge slightly below the market to retain tenants, and fix things (or hire people to fix things) when their tenants request them.

I mean, they are just trying to survive in this capitalistic world. They wanna save up for retirement, and fund their kids to college, and leave something for their kids, so they have less of stress in life. I don't see them as bad people. I mean, its not like they own multiple apartment buildings, or doing excessive wealth hoarding.

Do leftists mean people like my aunt too? Or are they an exception to the "landlords are bad" sentinment?

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[–] [email protected] 4 points 1 week ago (1 children)

In order for there to be any rental property at all, someone has to own it and be the landlord. Unless they think it should be the state. Or unless they think that everyone should always own the property where they live.

I didn't think there is much of a logical argument for having no landlords whatsoever.

Who owns a hotel? Isn't that just another type of landlord?

[–] [email protected] 3 points 1 week ago* (last edited 1 week ago) (6 children)

In order for there to be any rental property at all, someone has to own it and be the landlord.

I mean yes, but all that means is there shouldn't be rental properties

Unless they think it should be the state.

You mean ppl think that housing is a human right that should be provided for and administer by "We the People" for "We the People".

I didn’t think there is much of a logical argument for having no landlords whatsoever.

What other kind of Lords do you think there isn't a logical argument against?

Who owns a hotel? Isn’t that just another type of landlord?

Surely you understand the difference between a hotel and a home. They are prima facie not the same thing. Also, we call the owners of hotels...owners. The same thing we call owners of homes. Landlords are not the same thing.

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[–] [email protected] 3 points 1 week ago

In an ideal world maybe renting homes would be something that isn't parasitic. But the world isn't ideal, and you end up with housing as investment, which means housing shortages, housing inflation, and housing restrictions.

Yeah, the big landlords are worse, but even the small ones are almost always going to be sucking the blood of their tenants beside because it's a losing proposition from the get-go. Think about it for a second. If your relatives bought those houses as an investment, no matter how nice they are about it, no matter how "fair" their rents, they're part of a bad and broken system, they're profiting off of other people's need for a basic, fundamental thing that can't be escaped.

It isn't like someone that has a big house and rents out a room, which is still kinda parasitic on the far left scale of things because it means they don't need that house in the first place, but let's be fucking real and admit that nobody should be forced to move just because their kids left for college or whatever, and now there's a spare room. The further left you go, the crazier that kind of asinine thing gets, but extremes are gonna extreme, ya dig?

But once you're consolidating property for the sole purpose of charging other people to live there? Yeah, landlords, no matter how nice they may be, are fucking over everyone.

It's like ACAB. Yeah, we all know that some individual police officers are probably not actively fucking people over and such, but they're part of the system, and if they aren't actively working against that system, they're part of the problem too.

Your relatives probably are decent folks that are just trying to get ahead in a capitalist world where that kind of investment is stable and effective. And I can't hate, nor abide hate towards, people that are really just doing the best they can. But they're still parasitic. A medical leech is no less a parasite because it happens to pull a clot out. A mosquito is no less a parasite because it's just trying to make babies. The comparison isn't exactly 1:1 there, but you get me, right?

I don't waste my hate on people like your relatives, I save it for predatory companies until and unless the small fry are assholes alongside being parasites.

But you can't genuinely believe in the more common "left"ideologies without recognizing the flaws of capitalism. When you look at those flaws, you begin to realize that it really doesn't matter what scale things start at, it always gets worse.

Along those lines, let's say your relatives are fucking saints. They do everything right by their tenants, only making enough profit to ensure their older days are safe.

Then they die, as we all will.

Someone inherits those houses. Again, even if they're saints, they didn't do a damn thing to build those homes, they took no risks, did none of the work. So, even if they sell them and abandon being a landlord, they're profiting off of all those years of rent payed in. And if they don't? Do they just run those few places as a landlord? Just continuing to profit off of others, they aren't worse than what came before, but they aren't better

But, at some point, you've got these homes owned by some great-great-great-whatever, and why? At what point is that not parasitic, even when everyone along the line does nothing other than be landlords? And what happens when you run into someone inheriting that isn't a saint. They either expand the empire, or go slum lord, or start abrogating their responsibilities. And you end up with the same kind of situation as the worst landlords.

I'm not saying there aren't benefits to renting as a renter, there are. But when the housing is an investment, rinse benefits start disappearing fast because that's how it works. At some point, to realize that investment, either rent goes up, or the place gets sold at a profit, which sends rent up. Housing as investment is inherently parasitic, no matter how good the parasites are to their host

[–] [email protected] 3 points 1 week ago* (last edited 1 week ago)

An aside, but the "parasite" thing is not really a leftist talking point. We stole it from Adam fucking Smith, and his point about it is that extracting value from something on the basis of just, like, owning something that exists with or without you is inherently shitty personally, and economically.

"As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed and demand a rent even for its natural produce" - Adam Smith

Just look it up. He crashes out on rentiers all the time.

Also, corporate land lords are a much smaller part of the problem than most people suggest. Like, yes corporate land lords suck, but most land lords are not corporate landlords. It's more complex than that. Source. So, Yes. Small "Mom and Pop" landlords are bad, and there is a moral dimension to even the people you personally know who own more than one home, and there will continue to be as long as there are others who do not have a house.

[–] [email protected] 3 points 1 week ago

Imo, what your aunt is doing is okay as long as she doesnt start hoarding more and more houses and acts fairly. There is some value in not having to deal with problems that come with owning apartment but uncertainty of the world burns that value away easily. As landlord you have a duty to take care of your tenants and if you cant do that then you shouldnt be allowed to own property like that.

[–] [email protected] 3 points 1 week ago

There are parasites and there are big parasites. Being a land lord is inherently parasitic to a certain extent. And we were ourselves landlords for a while. When a job took us out of state, we didn’t want to leave where we were so we rented out our house for under market rate until we returned. In my opinion, we were still being parasites to a limited extent.

[–] [email protected] 3 points 1 week ago

I would still consider this horizontal violence. That equity could be used to make the world a better place instead of extracting value from fellow workers to pay for their kids college and inheritance ... and where the debts incurred buying 5 properties?

You're right that they are good people, because no one sees themselves as the villain in their own story. That insurance CEOs wife isn't lying when she says good things about him. Capitalism not only alienates you from your labour but also from your exploitation of others.

The sheer weight of human misery in your immediate surroundings is immeasurable and you never pay it any mind.

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