A Boring Dystopia

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With Shared Software, Landlords Are Teaming Up to Raise Rents (jacobin.com)

submitted 3 months ago by return2ozma@lemmy.world to c/aboringdystopia@lemmy.world

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[–] TheDemonBuer@lemmy.world 33 points 3 months ago* (last edited 3 months ago) (1 children)

So yeah, I need serious "profit" just to break even.

That's a contradiction in terms. To break even is by definition not a profit. To make a profit, you need a surplus after you minus expenses from revenue. If landlords were content to just break even, I wouldn't necessarily have a problem with them. In fact, I think not-for-profit housing could go a long way in addressing the housing affordability crisis.

[–] shalafi@lemmy.world -1 points 3 months ago* (last edited 3 months ago)

Didn't word that well, agreed. But you need solid profit up front to backstop for emergencies and risk. I would be a one man, one house operation. I couldn't spread the risk around like a corporate landlord with 100 or 1,000 properties.

If landlords were content to just break even

After paying on the property, maintaining and improving it, I deserve no profit for my 20-years of labor?

Are you saying that workers should be content to merely break even for their labor? Your labor is worthy, but mine is not?