4 ms·
It's not like owning land is free... There are mortages to pay, maintenance costs, costs to having an empty apartment sit there between renters, a cost to find
by nabakin 7y ago
It's not like owning land is free... There are mortages to pay, maintenance costs, costs to having an empty apartment sit there between renters, a cost to find renters, upgrade costs, furnishing costs if you do that, taxes, security, management, regulations, savings for a crisis (if you're a responsible landlord), etc etc. Sure landlords can make a lot of money but it's not like they're some fountain of money that won't go bust after months of no rent. Not to mention most landlords have a job anyway.
- nlfwhulsdhouv 7y agoThe capitalists' justification for collecting the surplus value from the renters is said to be the reward for risking their capital. If there is no risk, what purpose does the landlord serve? (beyond simple property management, which requires no ownership of capital)
- monkeywork 7y agodoes that hold true for car rentals as well?