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> They have added no value, they're not looking to add value. Which is basically property ownership/landlordship in a nutshell. Not that I'm disagreeing with y
by npsimons 9y ago
> They have added no value, they're not looking to add value.
Which is basically property ownership/landlordship in a nutshell. Not that I'm disagreeing with you, just pointing out it's something we accept all the time already.
- resu_nimda 9y agoYes but not all landlords are the same. Some put time and effort into maintaining the property and making improvements. I would consider that adding value. Like everything else, there's a spectrum, and I find the couple described in the article to be on the extreme "slumlord" end, except even more obnoxious because they are masquerading as nice gentle good samaritans.
- icebraining 9y agoWhy do you assume they won't be putting time and effort into maintaining the property and making improvements? In fact, they already did, by paying the debts of the property.
- namlem 9y agoOwning land never adds value. Owning a building can add value if you maintain and improve it.