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I like the idea of FIRE but so many of its practitioners developed their passive income by becoming parasitic landlords. It just leaves a bad taste in my mouth.
by mbbutler 5y ago
I like the idea of FIRE but so many of its practitioners developed their passive income by becoming parasitic landlords. It just leaves a bad taste in my mouth.
- deleted 5y ago[deleted]
- moate 5y ago>>...parasitic landlords. This is redundant.
- JohnPrine 5y agoif you have a problem with landlords then you just have a problem with capitalism in general
- mbbutler 5y agoI do and I do.
- burntoutfire 5y agoThere are still a few non-capitalist countries in the world (N. Korea, Kuba, Venezuela), perhaps you'd like it better there.
- trenning 5y agoThere's definitely a lot of Airbnb flob house owners that are outspoken in the fire type communities. But in the coastfire/leanfire groups there's more interest in steady savings and living frugal which is much more palatable to read.
- gruez 5y ago>becoming parasitic landlords How am I being a "parasitic landlord" by investing in the S&P500, which is mostly composed of companies generating value?
- mbbutler 5y agoIf you aren't a landlord then why would you think the comment was referring to you?