• Brawndo@kbin.social
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    1 year ago

    They also assume all the risk of the property too. Tenants can leave as they please but landlords are stuck with the property if the market turns.

    • nodsocket@lemmy.world
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      1 year ago

      Eh, I wouldn’t say the housing market on the whole is fickle in the same way as as the stock market. But for things like property damage, the risk is definitely on you

    • empireOfLove@lemmy.one
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      1 year ago

      Landlords also absorb all the risk if the tenants skip out on two months of rent and leave the unit with no appliances, dog piss stained floors, a body sized hole in the bedroom wall, a toilet that leaked noticably but never reported resulting in extensive water damage, etc.

      While its guaranteed that theres a lot of shitty landlords out there, and a ton of price-gouging corporate management companies (who are the real problem these days eith affordability)… I’m fully convinced every user who says “landlords are the devil” are they, themselves, the Tenants from Hell who do not pay the building they live in the tiniest modicum of respect; then wonder why every landlord hates them and hassles them.

      • grabyourmotherskeys@lemmy.world
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        1 year ago

        People will assume you are exaggerating but I will back you up here. These things happen and can all easily happen at one property.

        • empireOfLove@lemmy.one
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          1 year ago

          Oh yeah. I’ve lived it and breathed it… a few times. Cleaning up a ruined house fucking sucks and it’s expensive too. Makes me wonder how some people stay alive with how quickly they wreck stuff.

      • Russianranger@lemmy.world
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        1 year ago

        Agreed, there has to be a level of understanding. Just because you live in a space and pay rent doesn’t mean you can go wild and let the place crawl with refuse and roaches. I have an upstairs neighbor in my apartment complex that is the quintessential definition of the renter from hell. And we get all their roaches even though we keep the place spotless. And not to paint the landlords as martyrs here, as they have their own issues, but some people have a bad case of main character complex and think the rest of us that have to suffer with the stench and infestation are just the NPCs.

      • PopOfAfrica@lemmy.world
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        1 year ago

        What risk? A landlord that isn’t a complete idiot would have set aside some of their extortion money or required a deposit.

    • rambaroo@lemmy.world
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      1 year ago

      No one forced them to be a landlord. Tenants have very little choice. Why is there even a comparison here?

    • Blapoo
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      1 year ago

      Sounds like a good problem to have

    • Landrin201
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      1 year ago

      Oh wow boo hoo, they have so much risk 😔 they have an entire house that they can sell at any time, who someone else is paying the mortgage of. Oh, the horror! If the market should crash they’ll lose the equity another person paid!

      Really the landlords are the victims here, not the tenants paying their mortgage for them plus a little extra for profits. Clearly the tenants have committed the crime of not having good enough credit for a loan, or the crime of not having enough for a down payment, so they aren’t worthy of owning property.

      No no it’s the landlord who has the real problems, because they could ein a shaky financial situation of “selling the second house iown” if the market dips!

      • Camelbeard@lemmy.world
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        1 year ago

        So the 2008 economic crisis never happened? Where I live (Europe) houses are actually going down in value right now too.

        • doleo@lemmy.one
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          1 year ago

          Going down fractionally, after having grown an incredible amount in the last 3 years. Please don’t swallow this obvious bullshit. Prices are high, prohibitively high, and are going to stay that way until everyone bar a few is forced to rent.