this post was submitted on 08 Mar 2025
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A Boring Dystopia

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[–] Eiri 12 points 1 day ago (1 children)

For the SUM of your tenants' rent to pay for your mortgage and most of the upkeep? Probably fair.

For ONE tenant to cover the whole mortgage? Geez, that's not nice, to put it softly.

[–] [email protected] 9 points 1 day ago (1 children)

It dpends. I rented out my old house for about 5 years because I couldn't afford to sell it (underwater) mortgage was ~$500 rent was $650.

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[–] [email protected] 9 points 1 day ago (1 children)
[–] [email protected] 2 points 1 day ago

Got ratted out by a mcdonald's worker.

[–] [email protected] 9 points 1 day ago (1 children)

The type that looks up to Clarance Thomas.

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[–] humanspiral 7 points 1 day ago (2 children)

The appropriate criticism here is about corrupt markets resulting from restricted/scarce housing supply. Fair markets that encourage abundant housing supply, are ones that would lead to "perfect competition" and fair ROI on capital. The oligarchist/capital supremacy model of US/west corrupts markets against abundance, because extortionist profits fund politicians to protect extortionist profits.

UBI, not democracy, is the important freedom that can address structural corruption, but still the option to rent still needs to pay for the capital/expense investment in allowing you to rent.

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