this post was submitted on 20 Dec 2024
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Many of my landlords were pretty decent people who actually cared about their tenants tho.
Is that why they stole their money?
Stole whose money? My money? My stove broke, they replaced it, pest issue, they paid for the exterminator, roof leaking, they paid for it to be fixed, many other examples but you get the idea. I didn't pay utilities in some places. I've had bad landlords and I moved house because of them and didn't do them any favours when I left. The good ones I made sure I was a good tenant for. I think a lot of renters don't understand how expensive owning a place is with upkeep. We wouldn't be able to replace a furnace or roof repair and all that jazz in our income bracket.
Are you suggesting landlords make zero profit off of the property?
The money we put in is more than the cost of the exterminator, roof not-leaking, many other examples but you get the idea.
No, I'm not suggesting that at all. Don't know why you are suggesting I am?
The benefits of renting is that we are too poor, we do not have emergency funds to buy a new stove or what have you, but we are able to afford monthly rent. Repairs and stuff, that falls on the landlords. They charge an amount that will cover the cost of any repairs or appliance or plumbing replacements in the future, along with (if they don't own the house outright) their mortgage payments on the house.
Right, you're using them as insurance. You give them money, they pool cash you literally can't get because the system is out to crush you, and on the off chance something goes wrong they take a small hit to their profiting from your suffering.
This is especially a funny take from a Canadian considering the reason your rent is high is rich people who can easily get more capital are buying up real estate with the sole purpose of raising prices without providing any additional service. I mean I wouldn't want to try to live in Vancouver on a California salary and that's sad.
poor landlords. they should just sell.