The thought that homes don’t require upkeep is insane. I’ve lived in my home for just five years and have spent tens of thousands in just maintenance alone.
Yes, but you don’t pay a landlord and a cleaner and a plumber the same, why?
Because they derive value not from their labour but from supply and demand, thus those who own assets derive value primarily from the rarity of such assets. This pressure for increasing rarity is why capitalism is a failure where the overall trend is downward, where the few hoard assets they get off other assets, and the masses who trade in their labour have that labour become increasingly less and less valuable.
In theory the same is true for a landlord who is expected to maintain the homes they are renting out.
The thought that homes don’t require upkeep is insane. I’ve lived in my home for just five years and have spent tens of thousands in just maintenance alone.
Yes, but you don’t pay a landlord and a cleaner and a plumber the same, why?
Because they derive value not from their labour but from supply and demand, thus those who own assets derive value primarily from the rarity of such assets. This pressure for increasing rarity is why capitalism is a failure where the overall trend is downward, where the few hoard assets they get off other assets, and the masses who trade in their labour have that labour become increasingly less and less valuable.
That would probably mean that the pay is much less unless the maintenance is required every other day