Friend tried renting some property in FL. It was a miserable experience with tenants who constantly trashed the places, having to hound them for rent while she had to pay the mortgage on time, etc. She eventually sold it and said "Never again."
this post was submitted on 23 Aug 2023
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Username checks out. Also fuck landlords if this was posted unironically.
Pretty much. I will say, although it’s extremely rare to find, but does exist (I know a landlord like this): some landlords get into landlording to try to make places affordable for others, meaning they barely take a cut for themselves. These are not the people you see raising rent at every opportunity. I’m also not refering to any landlord who decides to take “section 8” housing, as some of them are also predatory. To that end, her struggle is the same struggle as her renters, trying to make ends meet, herself. She owns her own “place” but her “place” is on wheels, making her technically a homeless landlord. I doubt that she is the only landlord like this in the US but as a long-time renter, I’m well aware she’s in the minority of landlords. Most landlords do so to earn a profit, the worst offenders being for-profit corporations who own many properties. Some landlords do try to help others, and I really wish there were more like them. I think the majority of landlords simply try to “price what the market will bear” which is usually “increase rent as much as we can by law” with the excuse that “we, the landlords take on all the risk so we need all the profit”.
I would love to see more “worker co-op” style landlording, although I don’t know how that would work techncially.
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I mean torches have been around a lot longer than Nazis. We're not letting the Nazis take our torches.
I remember back in twenty-dickety-two when the Nazis took my circle-made-with-forefinger-and-thumb hand sign. They tried to take my milk, too, but I chased 'em of my property.
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The problem is landlords who don't give a fuck about their tenants and are fixated on squeezing the most out of them. I currently own my house, but my previous landlords were very diligent with repairs and kept rent increases to inflation. They knew we were dependable tenants who paid rent on time and were going to leave the place in decent shape.
But yes, renting can absolutely have unscrupulous landlords. Large investors especially use rental pricing software to press tenants to their absolute limit. It becomes a form of price fixing.