just look at the title

WE AINT PAYING S***

They are making an income while not doing anything

in anything that requires the usage of money, the person selling service to you is scum

-communist manifesto

anywho that landlord is an asshat

Apparently buying an investment property is not doing anything. If someone is willing to risk millions of dollars into an investment, then best believe they should be getting their passive income.

Apparently providing the less fortunate with affordable access to housing is not doing anything. If tenants don’t want to pay rent, then they should buy their own house. Oh wait, they can’t afford to. That’s why they freeload off others’ investment risks. If anything, tenants should be grateful that landlords exist to provide them with affordable access to housing.

You are obviously a know nothing c***. How dare you demand the cancellation of rental payments. If you and the hyenas you represent don't want to pay rent, then move the f*** out and go live in squalor or on the street where you belong. If you have a problem with landlords collecting rent - tough s***. I hope you get ass raped with aids you disgusting c***. Certified virus free by Navpoint Internet Services

How are they not doing anything?

Getting the money together to buy the place to begin with requires work. Maintenance requires work. Paying the mortgage and taxes on the property requires work. Making sure the spots are consistently rented requires work. Making sure guests feel safe, keeping up with security issues, responding to tenant questions and concerns... that’s all doing something

You have such an idealistic view of the landlord.

Everything I said is pretty generic. You could argue that not all landlords do all of those things well, which is obviously true. But this whole “lAnDlOrDs ArE eViL” Schtick hinges on a belief that landlords all somehow stumbled into owning the property, did no marketing to find tenants, are holding tenants captive and keeping them from being able to find better housing, meanwhile the property somehow maintains itself.

Seriously, owning a property is a lot more work than renting. Getting the property in the first place is a months long process requiring heavy investment upfront. Maintaining it is expensive and time consuming. People who are renting are absolutely receiving a service worth paying for- a place to stay without spending months dealing with realtors and paying down payments and closing costs, lower monthly costs, less time and money spent repairing problems.

It doesn't matter how they obtained the property lol

It's not doing anything man
Take it from me as a land lord, calling someone to fix s*** once in maybe two months while you sit on your ass and collect another man's paycheck ain't s***

You did do something. You took on the financial risk of purchasing an investment property and continue to bear the risk as house prices fluctuate, that’s why you’re being rewarded with a form of passive income. You’re not being rewarded free money for no reason.

house prices don't mean s*** unless you sell
and if it does, you got greedy bought more than you could afford

House prices will not go up forever, but that’s a separate conversation

I bought in Berlin
40.000 people a year want to move here and the government ain't even trying to keep up with the demand, cause new houses turned out to be much more expensive than current ones, I'm good

And even if the prices go down it don't mean s*** cause I don't have to sell

I mean, if you’re happy to hold onto your investment property when it’s worth a fraction of the price you bought it for, then more power to you I guess. Too bad not all investors are as passive as you. Some actually want to make money on their investments, that’s kinda the point you know.

my house is 100k more within a year, all I'm saying is that even if the price went down, which is extremely unlikely, I might as well just live in it and lose nothing

You shouldn't invest more than you can afford to lose, that's how most landlords screw up they get too greedy, chase the quick cash and then complain when they can't keep up.

ppl itt saying that making mortgage payments and hiring someone to cut the lawn or fix the pipes is “labor”

also never had a landlord or even heard of one that reliably fixed s***, didn’t try to extort their tenants, or was a reasonably nice person

90% of landlords are pieces of s***, the reason I decided to buy is cause they love to take advantage to the shortage, so they were offering me apartments without a floor
Holes in the wall, and the camel that broke the camels back was one with some black liquid in the middle of the kitchen.

F*** them :skinnerpathetic:
If they die they die