Without profit, you're asking for them to sell their labor and expertise for free. Profit is the compensation people gain for the risk of making an investment, for the time and expense of doing what is necessary to manage and actualize that investment, and their expertise in knowing how to do so properly.
Well, expertise is a very, very generous term to use for landlords in any way, shape, or form. And let's be real, for how much profit they make off of the labor of other people, them having to break a nail wouldn't kill anybody.
Depends on what they're doing. Rehabbing a house that has been trashed or abandoned and doing so in a safe and efficient manner takes work and expertise.
Yeah, uh huh, okay. So go do that if you really think you can come up with public housing that isn't a fucking nightmare. And if you think you can get it passed. Until then, the rest of us have to live in the real world.
It's almost like this shit shouldn't be an investment at all.
Someone needs to build and rehab rental houses and put up with tenants. No one is going to do that for free.
Doesn't need to be free, it also doesn't need to be profit either.
Without profit, you're asking for them to sell their labor and expertise for free. Profit is the compensation people gain for the risk of making an investment, for the time and expense of doing what is necessary to manage and actualize that investment, and their expertise in knowing how to do so properly.
Well, expertise is a very, very generous term to use for landlords in any way, shape, or form. And let's be real, for how much profit they make off of the labor of other people, them having to break a nail wouldn't kill anybody.
Have you ever been a landlord? It feels like you haven’t, and are just repeating buzzwords like “they dont work but get money!”.
Depends on what they're doing. Rehabbing a house that has been trashed or abandoned and doing so in a safe and efficient manner takes work and expertise.
You mean when they're finally forced to hire a contractor?
Just like social housing. But for everyne.
If you want to own a home, buy it from the state.
If you can't afford it, rent it from the state.
If you want to buy it, but can't afford it, do the bank thing, but with the state.
Yeah, uh huh, okay. So go do that if you really think you can come up with public housing that isn't a fucking nightmare. And if you think you can get it passed. Until then, the rest of us have to live in the real world.