this post was submitted on 22 Apr 2024
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It's kind of both. The investment of capital to provide useful services is a business. Hoarding a limited resource in order to speculate on price appreciation and charge others for access is parasitism.
I can't afford to sell my house and I have to move... So I'm renting it out. Am I a baddie? To be fair, I can only afford to rent where I'm moving.
I'd say no because you're giving out space in your own home and presumably have taken responsibility for its maintenance yourself.
Where it'd begin to ascend into you being an exploiter is if you began to acquire new properties for the explicit purpose of collecting rent off them or to sell them after renovations for a mark-up.
You're not, try not to worry about it. The system is screwed up.
I'm a reluctant landlord too. In this case it's an inheritance that I'm letting someone rent until they are ready to buy, so I don't really consider myself a true "landlord".