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To everyone who hates the concepts of landlords and rent, what counts as being a landlord? (sopuli.xyz)

submitted 7 months ago by [email protected] to c/[email protected]

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Does having an AirBNB setup make someone deserving of the guillotine or does that only apply to owners of multiple houses? What about apartments?

Please explain your reasoning as well.

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[+] [email protected] -14 points 7 months ago (1 children)

People have some myth of passive income. I sold all my rentals because they were taking to much time. I never turned a profit but it was good for my taxes. If you want to slum lord you can turn a profit but even I dislike those people.

[–] [email protected] 4 points 7 months ago (1 children)

Market rent is basically set by current home costs. Any long term owners who have 15+ year old tax base essentially get to pocket the difference due to lower property taxes. Any newer buyer who is renting can only cover costs.