• gun
    link
    fedilink
    arrow-up
    19
    arrow-down
    3
    ·
    9 months ago

    Owning realestate is one of the few almost guaranteed good investments working class people can make

    If you’re a landlord you’re not working class by any definition.

    • Delphia@lemmy.world
      link
      fedilink
      arrow-up
      7
      arrow-down
      18
      ·
      9 months ago

      Bullshit.

      I got up at 4:00 this morning and spent 10 hours working for the postal service, my wifes a highschool teacher. We are shopping for a modest family home and plan to keep the starter unit we bought 10 years ago and rent it.

      All of a sudden I dont work for my money any more? I’m part of the elite upper crust of society? No, Im just trying to do what nobody in my family line has ever done which is make sure their kids arent starting at broke.

      • WrittenWeird@lemmy.world
        link
        fedilink
        English
        arrow-up
        18
        arrow-down
        2
        ·
        9 months ago

        You’ve also taken that starter home off the market, preventing someone else from being able to own a home and follow your path to ownership of a forever-property.

        If it’s not unethical at one rental property, when is it? Two? Three? Five?

        • pascal@lemm.ee
          link
          fedilink
          English
          arrow-up
          1
          arrow-down
          5
          ·
          9 months ago

          You’ve also taken that starter home off the market

          In Europe, maybe yes this would make sense.

          But in the US? Not a chance, there’s so much space you’re not taking anything from anyone.

        • Delphia@lemmy.world
          link
          fedilink
          arrow-up
          2
          arrow-down
          11
          ·
          9 months ago

          No argument, but there does need to be a certain rental market density. Not everyone wants to own, thats why we bought an easy to maintain unit near a university. Air BNB, holiday homes and “property parking” are the ones taking things out of circulation.

          Answer me this. Why should I take on the moral burden of the ethics and not a property group that owns literally hundreds of properties? Thats what I’m saying, these “landlord” memes seem to be trying to make me making a good choice as one family unit a despicable act in the eyes of “working people” when the people with real money and real power who have no shame and dont care just sieze the opportunity if I dont.

          • mycorrhiza they/them
            link
            fedilink
            arrow-up
            5
            arrow-down
            1
            ·
            9 months ago

            you’re doing less of the same thing the huge property groups are doing, but you’re still doing it