5 ms·
You are the one who is subsidized.
by amiga_500 7y ago
You are the one who is subsidized.
- seibelj 7y agoNo the one who doesn’t pay rent is subsidized
- amiga_500 7y agoThe entire system is set up to funnel economic activity into land then onto usurers.
- seibelj 7y agoWell my tenant is one person who beat the system! Never has to work, period.
- amiga_500 7y agoAnd their income goes to you, who does hardly anything as a landlord.
- seibelj 7y agoOther than all the upkeep, legal risk, risk of loss in value, having to deal with harassment from know-nothing internet commenters...
- distances 7y agoWhat the parent is saying though is that your tenant is only the middle man transferring wealth from the society to you; you are the one who ends up with the money in this scenario.
- jessaustin 7y agoThe tenant ends up with a roof overhead.
- amiga_500 7y agoHe's the hand sanitizer guy. Taking land off the market then "solving" the supply issue.
- jessaustin 7y agoYou're confusing real estate with dwellings. Renting land is an issue for farmers. Adam Smith had a lot more sympathy for sharecroppers than for apartment dwellers. Even the most basic apartment represents tens of thousands of dollars in investment. No one is going to make that investment without hope of charging "rent". Modern standards don't allow for hovels to be built of local materials on vacant land in a few weeks, as was possible in Smith's time.
- seibelj 7y agoAnd I transfer my wealth to everyone else I pay money to! Welcome to economics.
- distances 7y agoSure, but your comment about the tenant beating the system can sound quite hypocritical when it's also you who found a way to receive other taxpayers' money. There could be many ways to do the same thing, and we should acknowledge we built a system that ultimately benefits the capitalist class. I'm not criticizing you being a landlord here, just pointing out you're both using the system to your benefit and not only your tenant.
- seibelj 7y agoI rent to whoever pays and my tenant has a section 8 voucher and passed all the checks. They aren’t a bad tenant, but I rent to people who can pay - the government pays me because the tenant selected my unit and applied.
- amiga_500 7y agoTrickle down then? Nope. Let's ask Adam Smith... https://i.redd.it/0vz5zevo2rq41.png https://i.redd.it/0vz5zevo2rq41.png
- dang 7y agoPlease don't feed flamewars regardless of who started it or how wrong someone else is or you feel they are. We've had to ask you this before. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- pertymcpert 7y agoYou're more of a parasite than her.
- dang 7y agoFlamebait and personal attacks will get you banned here. No more of this please. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- dang 7y agoYou started a flamewar here and then kept feeding it. We ban accounts that do that. Please read https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html and don't do that again. Note how they include, among other thing: "Eschew flamebait. Don't introduce flamewar topics unless you have something genuinely new to say."