this post was submitted on 09 Dec 2024
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No Stupid Questions

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Reason I'm asking is because I have an aunt that owns like maybe 3 - 5 (not sure the exact amount) small townhouses around the city (well, when I say "city" think of like the areas around a city where theres no tall buildings, but only small 2-3 stories single family homes in the neighborhood) and have these houses up for rent, and honestly, my aunt and her husband doesn't seem like a terrible people. They still work a normal job, and have to pay taxes like everyone else have to. They still have their own debts to pay. I'm not sure exactly how, but my parents say they did a combination of saving up money and taking loans from banks to be able to buy these properties, fix them, then put them up for rent. They don't overcharge, and usually charge slightly below the market to retain tenants, and fix things (or hire people to fix things) when their tenants request them.

I mean, they are just trying to survive in this capitalistic world. They wanna save up for retirement, and fund their kids to college, and leave something for their kids, so they have less of stress in life. I don't see them as bad people. I mean, its not like they own multiple apartment buildings, or doing excessive wealth hoarding.

Do leftists mean people like my aunt too? Or are they an exception to the "landlords are bad" sentinment?

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[–] [email protected] 1 points 2 weeks ago

I honestly feel like when this issue comes up, everyone saying stuff like this is an alien. Do you seriously not know how much work maintaining property is? You say it's exploiting someone else's labor as though the several times a year every household needs work is, what, either worthless, unmentionable, or something people are owed by divine right? My parents owned some apartments and sound similar to OPs aunt. If anything, they were exploited by the people they bought them from (that aspect is a long story).

They charged people under market rate, went out of their way all the time to be kind to people by doing things like driving half an hour to personally come pick up rent payments, letting people stay for a year without paying rent since they felt bad for them, went out to fix maintenance issues in the middle of the night, and the list goes on and on. They treated people better than any other landlord and worked their absolute asses off to make a profit (some years they took losses). It was only after a 20 year struggle, full of manual labor and dealing with difficult tenants, that they were able to sell the apartments and be free from the stress and be free of all of that manual labor. They basically cleaned toilets and replaced filthy carpet for people who would spit in their face for evicting them after a year of non payment.

According to you and this thread, the people doing the spitting weren't morally bad or the lazy ones. Nope, it was my parents.