Pretty tired of leftists trying to claim that small landlords (eg renting a room) aren’t landlords.
-
Pretty tired of leftists trying to claim that small landlords (eg renting a room) aren’t landlords. If you
a) have the ability to use cops to deprive someone of housing (evict them)
and
b) are purchasing equity with someone else’s money (paying part of your mortgage with their rent)
then you’re a landlord. If you wanna not be a landlord, set it up so the equity they pay for (or equivalent) goes to them, and ban evictions.
-
@Catfish_Man Yeah… as a reluctant landlord through inheritance, I have to say that this is an overly simplistic view of things in both cases.
The idea that gaining *any* equity is bad and purely extraction for its own sake is silly. Tenants are, in general, not going to choose to pay for upgrades and—honestly—I don't think that it is reasonable to expect them to save and plan for maintenance.
-
Paul Cantrellreplied to tj usiyan last edited by [email protected]
@griotspeak @Catfish_Man Yeah, the ethics of this situation really are dicey. I like the moral spirit of the OP, but I’m not sure how it plays out in practice. I’m not sure it’s ethical to expect renters to invest in repairs to a property in which they don’t have equity, yes. I’m also not sure it’s ethical to tie renter equity to a property they may only inhabit/control for a few years.
