this post was submitted on 14 Jun 2024
417 points (96.9% liked)

Technology

59378 readers
3591 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 3 points 5 months ago (1 children)

A small landlord who has a normal job, if they want to improve the world, they do it through their job or personal projects, they build something or create something or whatever.

A big landlord who does nothing else, they aren’t actually creating anything, they’re just rent seeking and the most creative way they can imagine to improve the world is to rent seek even harder.

You're forgetting: Property Management is a career, and for a reason. Unmaintained properties run into bigger issues until they're so bad a tenant has to move out -- and then a tenant has no place to live without a massive rent increase as the rent is re-based on the prevailing economic rape instead of whatever it was 10 years ago with its 2% yearly increase.

Big landlords are uncaring, but they do manage the property. Good ones manage it well, fixing windows and pipes and pot-holes, etc. Less 'broken-window effect' and more peaceful days between goddamned fire alarm testing.

[–] [email protected] 2 points 5 months ago

Only a 2% yearly increase?!? Are you serious? I lived in an apartment for 8 years, and my ending rent was 70% higher than my starting rent. By your number, it should have ended up only about 15% higher.