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this post was submitted on 01 Apr 2024
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Asklemmy
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It's a really easy definition for me. Do you acquire recurring income from a residential location that you don't personally live at? You get the French haircut.
Owning a home and having roommates that share the mortgage is fine. Putting your guest bedroom on Airbnb is fine. Owning an apartment building and living in one of the units and actually providing labor to contribute to the running of the apartment building (whether through maintenance or office work), perfectly ok.
With that being said, when it comes time for the guillotine, we'll start with the corporate landlords to give the "mom and pop" landlords time to come to their senses.
Edit: explaining my reasoning: Passive income is theft. Owning things is not a job. Humans have a right to live by nature of being alive, profiting off of a human right is evil.
I agree with your points but I'm curious what your solution is to single family homes that are being rented out? The obvious one is everyone who wants to buy a place is able to, but not everyone wants to buy yet (younger people, people who want flexibility, people who know they are moving [only in that city for school], etc). Having some corporation own everything is also obviously the worst option, but that only really leaves the government and the mom and pop operations (that is people who own 1 place and buy another to rent it out). Should all single family homes be run as co-ops? Torn down and rental apartments built instead?
Again, I agree that single entities owning multiple rental places is a bad thing, but there doesn't seem an obvious replacement. So I am genuinely curious as what can be done?
The type of building is irrelavant to the problem. Anything that works for apartment complexes works just as well for a single family house. It's always the land underneath that's the issue.
And at the ond of the day any solution that include getting rid of landlords comes down to the government seizing "unused" or "inappropriately used" land more aggresively. Something that just doesn't sit right with most people.