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landlords don't deserve sympathy for not correctly assessing their risk tolerance. Not to mention their goal as an investor is to rent the property for more tha
by bluntfang 6y ago
landlords don't deserve sympathy for not correctly assessing their risk tolerance. Not to mention their goal as an investor is to rent the property for more than it's actually worth, taking away properties and increasing prices for people who want to live in their properties.
https://www.investor.gov/introduction-investing/getting-started/assessing-your-risk-tolerance https://www.investor.gov/introduction-investing/getting-star...
- deleted 6y ago[deleted]
- sbarre 6y ago"Landlords" are not a single entity that all behave exactly the same and have the same situations, motivations and means. Just like "renters" are not a single entity either. Do you paint all renters as "financially incompetent people who can't afford to buy their own homes" or some other nonsense, just like you paint all landlords with different nonsense? Most of us are in this together, and if you keep looking at the world as some divisive "us vs. them", lumping people into arbitrary groups so you can more easily judge or "other" them (does that approach remind you of anything?), you're part of the problem. p.s. before you accuse me of anything, know that I am a renter myself.
- bluntfang 6y agoNo, I paint most renters are being victims of landlords pricing out people who make a minimum wage from buying their own house or forcing them to move from neighborhoods via gentrification. Do you paint most renters as having software jobs in the Bay area able to pay $2k+ from a bedroom in a shared space?
- sbarre 6y agoI don't live in the bay area (I'm not even American), and I actually don't reduce anything down to such ridiculous simplicity, but hey you do you. I accept that I don't fully understand complex issues, and I like to give everyone the benefit of the doubt and assume that most people are good and not out to screw each other over. But that's me.
- bluntfang 6y ago>most people are good and not out to screw each other over. Unfortunately we live in a world run by capitalism and screwing people over is the main tenant. But hey, I live in this reality, but that's just me.