My landlord keeps getting violations from the HOA, and the HOA is straight up making rules up. I can’t sue the HOA for this (which is 100% what needs to happen to get them to stop), because there’s a legal layer between the owner and the tenant…
So yes, shit is broken. He refuses to call them out or take legal action against their harassment of my family. This is really obvious stuff, too. The latest violation involves them accusing me of having open flame torches on my patio. I own solar powered LED lanterns. They want to fine my landlord $100 for this.
I told him I won’t pay it. They are charging HIM, not me, and there’s nothing in my lease or the HOA’s CC&R’s saying I can’t own solar lanterns.
This guy has violated state, federal, and city laws over the last half a decade. He’s also a slumlord that never fixes anything. He once made me wait a year to get my front door handle repaired (sure, I could have fought that, but then he’d have just raised my rent.)
I hope he gets fined, and I hope he fucks around, because I’ve got an attorney ready.
I’m not saying to never take shit from your landlords, everyone… But at some point you have to stand up and tell them to fuck off. Rent is out of control in many cities right now, but that’s not an excuse for the often abusive landlord-tenant systems. Landlords should NOT exist.
I just bought a house from a guy who had been renting it out for thirty years and I’m now in the process of fixing all the shit he neglected during that time. I can’t believe that anyone was willing to rent this place for any amount of money, let alone the $1300/mo he had been getting for it. The kitchen ceiling was sagging down a foot in two places and held up literally only by the paint and caulk, thanks to mice - I got showered with mouse poop and urine-soaked ceiling tile material when I demo’ed it. The electrical outlets were all partially blocked by the baseboard radiators, which was probably a good thing because they were all ungrounded 1940s-era receptacles with the hot and neutral wires hooked up in reverse. One light switch caused the circuit breaker to trip as soon as I flipped it. Not a single door in the house could actually be closed (not even the front door) so I had to reset the hinges; one door looked like he had tried to fix the problem using a beaver with dental problems.
He sold the house as “rental ready” and I’m five months into the renovation now. I like to think the house appreciates my being here.
It isn’t in Charles Village by any chance is it? I’ve got some war stories with Ben.
I’m sorry you’re having to go through that. I’ve had a nightmare landlord before and it really fucks with your mental wellbeing. Best of luck to you!
Nah, never take shit from your landlord. They’re expendable leeches on society.
They should abolish buy to let mortgages. How is it fair that a renter literally pays for the mortgage by proxy but doesn’t have a stake in the home.
That’s interesting. In my state, rental rates are just plain higher than mortgage rates. Maybe that’s why I’ve never heard of buy to let mortgages.
That’s normal. The idea is you buy the house with a mortgage to then lease (let) out to tenants. The tenants then pay you rent equal to the mortgage plus a bit extra on top, which you use to pay the mortgage and make a profit.
Around here, it’s not really linked. The heat of the apartment market is directly tied to the projected ROI, based on the demand of rental properties and the demand of rent itself. Like Bitcoin mining, sometimes the ROI gets really low or even negative in the short- or medium-term. The friction between the two factors tend to warm or cool one of the markets, but it takes times.
Consider/remember this. Many landlords aren’t paying a mortgage, and don’t need to tie rent to “a house’s value at the time of purchase”. They still profit when rent is below the average mortgage, or if rent is well above it. The only thing they care about is maximizing profits regardless of how full/empty their units are. Similarly on the renting side is lifestyle renters. They don’t rent “because I can’t afford a mortgage”. They rent because they don’t want to be tied down. They aren’t ready to settle and might or might not move 1000 miles next year.
Those two categories are fairly numerous, and both present forces that influence the rental market independently from the purchase market. It means that places with less long-term demand like Detroit, Philly, or Houston have ownership TCO far lower than rent rates. Flip-side, there are just as many cities on the other side of the spectrum. The average rent in Austin is $2000/mo cheaper than mortgage payments on a starter home. In San Francisco, that difference is almost $3000/mo.
The rent is rent. It doesn’t have to cover the mortgage all the time. It’s not like someone rent is locked in for 30 years. And some bigger businesses will take the hit knowing the appreciation of the house will catch up or know they will buy a majority of the houses in the area and then raise rent that way to eventually be higher than the mortgage.
I am not being snarky. Can you explain your comment? I don’t understand what you are saying.
A common landlord technique is putting a minimum down payment on a house and having their renters pay off the morgage. I think the above commenter is saying that it should not be allowed to get a massive loan on a house that you aren’t going to live in.
People (talking mom & pop) should not be able to purchase a home simply for the purpose of renting it out.
I agree with that.
The problem is the reason people do that is because of a few things.
- The ROI is absolutely retarded. My last house (I live in don’t rent) I made 800k in 10 years. That’s insane. Find me an index that turns 500k into 1.3mil in 10 years
- Passive income if you don’t do shit that landlords should be doing like regular maintenance.
S&P 500 did better than that in the last 10 years. I really hate that housing has gone the way it has, because on average it’s not as insanely profitable comparable to other asset classes as people make it out to be, it’s pretty comparable.
I wish it wasn’t comparable though, because we’re just parking a ton of cash to do nothing with it.
Capitalism is dumb.
True except it’s a little different than equity investments because of the ease of leverage. No one is going to loan me a half million dollars to invest in the S&P500 but they’ll have no problem giving me a house to rent out (if I can prove income).
Yeah that’s true
And #3 - redundancy so a family member doesn’t end up homeless. I have family that does fairly well for itself. When their first kid turned 18, they bought a rental house in case she needed it someday. When their second kid turned 18, they bought a rental house in case he needed it someday.
So they own two buildings “for the purpose of renting it out”. Building number 2 is now perma-“rented” to kid number 2 because he needed it.
Also, bullet point #1. The NDQ typical long-term return is approximately 11%. Due to recent bubble bursts, it’s down to 10.4%. Importantly, that’s almost exactly 1.3mil in 10 years from 500k. Everything I’ve ever read and learned from investing or investors repeats that rental real-estate is a stable investment, not an aggressive one.
Good points and I don’t feel like counterpointing a lot of it because I’m tired.
I will say though on the returns. I used the 10 years in my house as an example but recall that was not a steady increase. Normally housing should be well below an index. What happened say the last 4 years was that the price of my house went from about 700k to 1.3mil. the 10 year example masks what I was saying. Houses had to 100% be returning more than an index the last 5 years otherwise how do you explain the rampant greed? Corporations AND individuals have been drunk on overleveraging on the residential market. They’re not doing that for index rate returns otherwise they’d be in an RRSP.
I don’t think the mom and pops are really the problem (in fact, this is I think one of the few viable ways for regular people to actually get ahead) but all of the things surrounding housing. One can get place renting for $2k, but can’t get approved for that mortgage amount even with tons of history showing it’s paid. Corporations owning massive amounts of property are also a much bigger problem. Appealing to an individual (mom and pop) is generally a lot easier than to try to appeal to a corp in which you’re just Lessee #4949857 who’s spreadsheet tells them to squeeze you for more money because.
Past that, I’d also argue renters need much more support when it comes to their rights because quite a lot of the things that people are posting here as anecdotes to why their landlords are shitty are already illegal, it’s just extremely difficult to get anything done about it. I’d suggest also that there was some regulatory body (if one doesn’t exist already) responsible for certifying housing/landlords because then at least shit would get fixed once a year.
My only half-decent experience renting was a blue-collar mom and pop who leveraged their own home to buy a second home to rent, that they rented significantly under market value. If anything, we should be trying to setup more systems that allow this outcome (they fucked me on the deposit though, but that’s the part about renter’s rights.)
One can get place renting for $2k, but can’t get approved for that mortgage amount even with tons of history showing it’s paid
I think the issue there is that there’s more risk to mortgage companies than “tons of history showing it’s paid”. There’s a reason they use complicated equations instead of interviews to make decisions related to risk. Questions that don’t directly relate to someone being unable to pay mortgage:
- Will they take action that reduces the property value enough to put them underwater
- If they choose to walk away for some reason, what percent of our investment do we get back?
And with the rest of the equation, home ownership is higher risk than renting because a tenant isn’t responsible for damage and repairs. If, for example, peeling asbestos gets discovered and you have to move out to fix it to the tune of $10,000 or more, will that homeowner be able to afford it? Will they just walk out and start renting somewhere? There’s a lot of things not covered by homeowners insurance that can financially devastate a homeowner, and the mortgagee (bank) might notice an income disruption that a renter would not.
I never understood this sentiment. For single family homes the market sets the price. It’s not like when you buy a house and use it for a rental all of sudden it’s cheaper or more expensive in some way. You could make a price/demand argument but then again the underlying demand is housing not money hungry landlords. If there was not an underlying housing demand, no one would rent and it would fail as an investment.
How does the community serve those who want to rent? Apartments? Now that is where we can agree. Apartment valuation is calculated on operations not on the market. The only way to raise value of an apartment is to raise rent (or reduce expenses in some way but at some point you can only do so much). At least with SFH you have appreciation that landlords can factor in for return.
Lastly, 2 of my rentals were foreclosures. If anything I’m performing the city a service by buying these properties and adding value. If you had to choose, would you rather live next to a vacant house or a rental?
To answer your question, it’s fair for a renter to not build equity because they don’t pay for upkeep or have the risk associated with the loan. You have to put skin in the game at some point.
Edit: there are some good points for the other side of the argument if you keep reading. I don’t know what the answer is but I’m not convinced that restrictions or to disincentivize rental operations is the answer.
never understood this sentiment. For single family homes the market sets the price. It’s not like when you buy a house and use it for a rental all of sudden it’s cheaper or more expensive in some way. You could make a price/demand argument but then again the underlying demand is housing not money hungry landlords. If there was not an underlying housing demand, no one would rent and it would fail as an investment.
Close. You’re right there’s no profit without demand. Now, consider what happens when certain entities with way more money than most of us comes along and decides they want to induce artificial scarcity by buying up and leaving empty a ton of houses.
Lastly, 2 of my rentals were foreclosures. If anything I’m performing the city a service by buying these properties and adding value. If you had to choose, would you rather live next to a vacant house or a rental?
They both kinda suck. I’d rather live next to someone who is invested in the property.
To answer your question, it’s fair for a renter to not build equity because they don’t pay for upkeep or have the risk associated with the loan. You have to put skin in the game at some point.
I could agree with this if rent was pegged to a percentage of the mortgage value. The issue is that the landlord makes a purchase and now owes, let’s say, 1k/mo for everything. Rent, taxes, fees, etc.
They want to rent that place out, great. Maximum rent should be LESS THAN that 1k, because the landlord is already getting theirs, they’re getting equity, and the only thing they have to do is upkeep they’d have to do regardless.
Apartment valuation is calculated on operations not on the market
Apartment valuation in my area spiked until the ROI crossed 10+ years. People stopped buying apartment buildings for a while except as owner-occupied with renters to assist. But in my area, none of those reach anywhere near a net-zero mortgage. The market absolutely still has an effect on valuation in most areas.
But two towns over, people are selling apartment buildings with 2-3 year ROIs, and they’re being swept up by one of a small handful of investors. Building maintenance is terrible, and there’s very little interest in the legal risk of being slumlords except those who are already slumlords over 40-50 buildings or more.
I beleive housing should be a privately owned venture, at least for suburb housing where the entire plot is included. Outside of that social schemes should purchase/build properties for rental purposes.
Like you said, the housing market is in demand. But how much of that demand is manufactured by landlords purchasing more property to rent versus real buyers looking to buy-to-occupy?
Your argument for cost of maintenance is part of the equation, however the rent costs should be the cost of maintenance and upkeep with a modest margin for investment. However that’s not the case. Landlords want to take their cake and eat it. Rent is now the cost of the mortgage, AND maintenance/upkeep AND profit. Its a win for landlords and a lose for renters. If the renter is capable of paying the inflated rental costs on a regular, then they should be owning their own home. The current status-quo is unfair.
Just FYI, I am a home owner. I know the costs of mortgages, the risks that are involved and the maintenance costs of keeping a home running.
The system is
brokenworking exactly as intended.Just not designed to work for OP.
If by OP you mean literally any renter then sure. The term is landLORD for a reason.
Of course that’s what I mean.
The other 1/3rd goes to the feds, so they can pay for
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Alcoholic beverages would be a good place to start
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I really wanna make a joke about Irish cream, Irish whiskey, and an Irish stout, but I feel like that could get me a visit from a dozen letters worth of government agencies
Tear down the military industrial complex. We’re sandwiched between oceans on the east and west, and friendly neighbors on the north and south. Nobody’s going to invade us. We don’t need the world’s largest military.
The cartels south of us would like to have a word.
So would Trump supporters.
Have you heard of revolution?
U first
What does that even mean?
What part is confusing? The people advocating for revolution are often the last ones to the frontline. Just like these brave folks on Lemmy.
Pearls before swine
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Destitution? Definitely heading that way has been getting progressively worse for the last several years at least. Critical mass? Not yet previous generations are weak and people are idiots. I think radical thought is increasing especially among the younger generations.
There are in betweens.
Not listening to you
This Was perfect
Yup, same here. System is broken.
Is this 2/3s of income plus tip or is the tip included? Because if you want to save money, tip your landlord less!
Yeah, but they really deserve that tip. They work really hard, you see. Just the other year my landlord was hard at work promising to paint over a wall he ruined with repairs.
I bet he’s going to get it done any day now!
Gosh, maybe it’s because my last tip was too low… It’s probably my fault.
As a general rule, it’s always the renter’s fault.
And don’t underestimate the effort and work and emotional energy spent on postponing painting the wall, feeling bad about it, postponing it again, … they spent a lot of time and energy on that!
Give your landlord a negative tip.
I donno, is that even legal?
Thank God I live somewhere where I can work 32 hours per week as truck driver. I don’t even spend a quarter of my income on rent, have a healthy weed addiction and manage to save about 500 euro a month and that while being single.
Where do you live? Many of us need to know
In my area it’s more like 13/12ths
100% Land Value Tax redistributed as UBI por favor!!!
But what if I have a duplex as my neighbors? Or my other neighbors put in a granny flat for their aging grandparent??!!!
Wont you think of the neighborhood character?
I have seen the amount paid in property taxes in USA via Zillow and… It is HUGE. No surpries that rents are so high. Rent have to cover minimum taxes, maintenance and part of house value. These expenses set the minimum value of a rent. But why you have so high property taxes? Cause enterprieses and billionaires don’t pay taxes and cause they put their huge capitals also in real estate, raising the prices. The problem is that real estate is a right ( house ), but also an asset.
Taxes are astronomical because prices are inflated because of buy-to-rent.
Taxes on single-family residential properties should be like 50% of land value annually for third-homes and up or homes owned by non-human entities. Make it so fucking expensive to own extra houses that they get unloaded cheap to people who will actually live in them, and at the same time reduce the taxable value of the land because it’s selling cheap.
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Property tax is like 2-3% of the property value in my area, the comment you are reply to is just suggesting making it 50% of the value of the plot annually for people who are buying their third property or commercial buyers.
They are saying that it should be for third homes to discourage owning houses in bulk
No, ey said that taxes should be 50% on the third house (and on, probably), not the first one
A 50% tax on land value would be cheaper than my current tax rate on my home xD
Many states have tax cuts for living in the property you own. The high tax rate is the state saying “if you make money, we want to make money”.
The problems is that if you live in an house you rent, you have to pay indirectly full property tax. Cause you aren’t living in a property you own.
the problem is blackrock
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People called me crazy when I didn’t like the fact that they wanted free public transit and for all the bus costs to be put into people’s property taxes. My only argument was those that actually need free bus fare, will be unable to continue affording their places they rent because property tax will go up. They will end up paying the same, if not more in the long run…all for free transit. People couldn’t grasp it and resorted to verbally attacking me. Lol I still laugh.
I am really not against the idea. The only thing I would say is maybe try it first on areas that are already losing money on mass transit. That way we could massively increase usage. If you are not making money on something stop pretending that you are. NYC system is almost break even so leave that one for last.
Maybe I’m misunderstanding but I don’t believe public services should need to break even. They cost money because they’re a service
I think it is nice when they do break even. It does cost money and effort to run them. I agree it is not essential that they do but it is nice. Cities have budget crisis if their system is running at cost or near it the chances of it losing funding is lower.
Taxes do not set the minimum price of rent, supply and demand do that. A real estate investment can still make money even if rental income is less that taxes and maintenance because land appreciates in value over time. This is why the rich invest in it, and why we should tax them where they can’t evade it.
Its wild how the entire country is experiencing a housing shortage
Which entire country? This is lemmy.world
Op is even from Lemmy.zip!
I don’t really understand the market failure happening with such a long term housing shortage. By definition there is excess demand for housing right? So it should make economic sense to build more.
When I ask people always say conspiratorial stuff like “they” maximize profit by keeping housing low but even if there was a conspiracy there should be individuals who are not part of the conspiracy who would profit from going against it.
So it has to be either regulatory or funding based, I think. But I don’t know of any recent regulations that would cause this nationwide, “zoning” is probably part of it but there was no one timeline for that, it’s super local. And funding has been free for a decade and a half and homebuilding has still been slow.
I don’t get it.
Where I live, they simply have made it illegal to build any housing since the 60s. It really sucks
Look to other forms of scalping to see how this works at a smaller scale. Scalping isn’t done through conspiracy, but a bunch of small, self-interested actors reducing supply in the market to inflate prices.
On top of that there are actors that are more coordinated and not as small, like corporations that own hundreds of thousands of homes. These corporations can just coordinate internally (not conspiracy, business) and reduce supply to increase their own returns.
This works for smaller actors too though. As long as the number of houses owned is more than a couple, then it’s likely they’d profit from temporarily restricting supply, and locking in renters to leases for more money. They’ll try to slowly sell off their supply without “flooding” the market and hurting the value of their own supply, just like other scalpers.
Scalping isn’t the comparison though because 1, scalpers don’t reduce the total supply. Any scalper who refuses to sell a portion of their tickets, loses all the money they used to buy them, and the opportunity cost of selling them, and there’s no way it’s worth it for any given individual. The supply/demand differential they make money from is that the venues only have a certain number of seats.
Which brings me to 2, theres no equivalent of homebuilders in the scalper world. If some scalpers could generate new seats at the venue for roughly the cost they pay the venue for tickets, supply and demand would figure themselves out pretty quick.
Hard disagree on the last part there. For one, homebuilders again. Their business model is to build the houses and then sell them, if they joined the “sell houses slower” cartel it just means they earn less profit.
But really the whole idea you’re laying out, the math only works if everyone works together, so it becomes a prisoners dilemma. Because say there’s 20 companies slowing down house sales to maximize profit, there can always be a 21st who gets the benefit of the restricted supply from the 20, but they just sell as much as possible and become the most profitable of all. Maybe it’s in everyone’s interest to restrict supply, but it’s in any given company’s interest to sell as much as possible. So it has to be an as of yet unknown cartel of every home seller in the country and there’s just too many of them to have both: Either it includes everyone or it’s secret.
There are absolutely scalpers that reduce total supply. They’ll only list a couple of consoles that they scalp at a time even if they buy in massive bulk, and it’s all done on the pretense of a limited supply from the original seller that they’re artificially limiting past what the market would naturally do (by buying a ton of them up). Given a literally infinite supply, scalpers lack an ability to do anything. Put another way, when they can’t restrict supply, it’s not a viable strategy.
It’s not that they refuse to sell some of their supply, it’s a temporary restriction (all supply restrictions can be viewed as temporary because we don’t have total knowledge of future supply). The temporary restriction benefits them because they can start bidding wars over the reduced supply, and get a higher price per unit at the cost of getting the money over a longer period of time.
The exact same thing works for housing, when you have the same company renting out tons of units but also keeping tons of units in the same area off the market. It means the bidding wars for the smaller supply of units results in more money per unit (lower supply, same demand, means higher costs).
The concept of a prisoners dilemma here only works if houses are fungible, but they’re not. There are sometimes very similar units or even houses in a neighborhood in the same location, and these are almost fungible, but even in these contexts those nearly identical units in nearly identical locations are usually owned by a single entity (corporate or otherwise), so again there’s no prisoner’s dillema, they can restrict supply effectively to increase yield.
The time vs value calculation is different for housing too compared to smaller things like groceries. If you’re a grocery store, and your local distributor of apples lowers the price of apples, some of that will likely go to the customer because of local competition pushing prices down, and you have a constant supply tied to a constant demand of these (from a buyer’s perspective) essentially fungible things.
Houses are different because if you see the price of houses in your neighborhood drop by some significant amount, individual actors who may otherwise want to sell will actively choose to not list their house because they know the value will go back up, and so these actors are all incentivized to vastly limit supply if something in some area cuts the prices of houses (like a huge influx of new homes for example). These individual actors could be literal individuals or corporations.
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Ditto
It’s not so simple, my mom purchased a property with her divorce settlement and the return on the investment can be good, but it can also be not as good. She remodeled an Oregon property in Salem and sold it for less than cost later. While she did get rent for it before she sold, she could have saved a lot of effort just buying dividend stocks.
Real estate can be a good investment, but it can be a poor one.
It shouldn’t be an investment at all. It should be used. It’s like saying water is a good investment. Sure, if you make it artificially scarce and are okay with a ton of people going without… Nestle.
I really wish other better brands would step up in making more consumable products for people with cancer(protein replacement drinks) or children though. It’s really rough when better options are very scarce.
Oh yeah, to be clear I’m not blaming anyone for buying Nestle, it’s nearly impossible to avoid lmao. Sad but true.
Yup I get you. I managed to avoid nestle but I know I have a privileged life only because I don’t need particular things in my diet. I have vulnerable relatives where they cannot take such options to avoid nestle what with their situation. And I can’t judge them for it. But It’s not a pass on nestle. Nestle need to smarten the hell up. they have no excuses to be terrible.
I make an effort. The truth is there are s9 many things that are Nestle with no Nestle on the packaging due to the different layers of subsidiary companies. It’s practically impossible to completely avoid them without some smart phone app, database, etc (which may even be inaccurate) or a fuckin encyclopedic knowledge of the different brands lmao. Shits fucked, yo.
Right?!? I spend way too much time researching each product over actual use of the product. I had to deep dive to the level of “where is this product produced and who are their relatives and what is their mother’s maiden name??”
There used to be an app or site called “buycott” or something and you could set what you were trying to avoid(example: avoiding human rights violating companies, avoiding specific companies, morals of certain companies, etc.), and you could scan an item and it would tell you. I used it for a tiny bit years ago but didn’t stick with it. Not sure if it’s still around.
This isn’t relevant to the meme at all though.
Also if your asking me to feel bad for someone trying to make a profit off acting as a middleman to a basic human need you’re barking up the wrong tree.
Remodeling a house and maintaining it is actual work
Then let the people who actually need to work there do it.
But… She had money! What, do you expect her not to try to make her gold breed? People with money should get more money! It’s only fair!
/s
She had a few hundred K, she needs to make that divorce settlement last until she retires. Social Security is absolutely nothing
a few hundred k
That doesn’t really make me feel sorry for my comment. I make do with <25k a year. A few hundred k would last me over a decade.
She spends the same amount of money as you do, she just doesn’t plan on dying in a decade.
My mom is the landlord and remodeling houses IS her work. She was a stay at home mom until I grew up, that’s what she does for a living after she divorced my dad. She lives on the rent of her properties while she does each project
She lives on the rent of her properties
This is exactly the thing people have issues with. The whole “I am the breadwinner of my landlord’s household.”
That’s why I thought she should just buy stocks and live off dividends instead. I mean, any investment has a rate of return or people would not buy it
Yup, and housing shouldn’t be an investment. It can be affordable, or an investment, not both.
Then charge for work done on the house like any contractor would, instead of rent for simply owning any old plot.
She’s the one who hired contractors. You need someone who decides what work needs to be done, find the people who are qualified, and pay them.
Not all contractors do good work, she got scammed once by a guy who does crap labor and tries to upcharge to fix it. It happens
Even if she sold the houses, the person buying them would probably want a return on their investment and end up renting it out to people
The only way rent would be cheap is if there was a lot of supply of it, less restrictions on building like zoning, fewer fees on developers.
Look one of my siblings is doing the same thing. I’m happy I don’t have to worry about them financially, but I’m not going to say I wouldn’t prefer they made an honest living
My mom is too old to wash dishes in a restaurant, it’s really hard labor and she has carpal tunnel. She tried, it’s just not something a 60+ year old person is fit to do. So she can’t just sit on that money and do hard labor on the side. But drawing some plans and hiring contractors while painting some walls on her own time is something she can do
This is really easy… Housing should not be an investment.
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I think landlords is kind of blanket statement. I think most rational people aren’t blaming the landlords who own a single family home and rent the basement suite. I think it’s more referred to companies gobbling up single family homes and rent gouging their tenants.
This is also Lemmy, so, you know, fuck cars, fuck trucks, fuck landlords, fuck Windows, fuck Google, fuck conservatives, fuck you, fuck me, etc etc
This is also Lemmy, so, you know, fuck cars, fuck trucks, fuck landlords, fuck Windows, fuck Google, fuck conservatives, fuck you, fuck me, etc etc
I don’t think I’ve ever seen something I agreed more with. Fuck me.
And fuck you.
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Then don’t rent it an move to a place you can afford to buy the house
So move off of the planet. Got it
LMAO if you pay 66% of your income on rent then you really need to change something in your life.
While I agree, something needs to change, a lot of people aren’t in that spot. Raising rent got them there, and now they can’t leave because they’ll have to miss rent to have enough to move somewhere else, that’s either way too far or just as expensive.
You’re just out of touch.
Look at almost any major city in North America and then look at the average annual income vs average rent for a one bedroom. Rents have skyrocketed since COVID. Essentially doubled where I’m from. Think wages kept pace?
For real.
Unless you’re single handicapped war veteran, why are people living paycheck to paycheck? They blame the system while the only thing that they completely messed up is their own life.
Why am I getting downvoted? Truth is too hard to accept? Sorry, but no one is gonna hold your hand and show you how it’s done. Fix your life before it’s too late.
You can kindly take your shit opinion elsewhere. Most people who live pay to pay cannot get their life in order because they work 2 jobs.
Get some help.Don’t stop there.
Ask these people why they are working in the dead end jobs for the lowest wage possible? Life isn’t about flipping burgers for $7.25/h, go learn new skills, improve socials and KEEP GRINDING IT. You can easily move out of every shithole if you really keep putting pressure on yourself. Laziness is what kills you.
Exactly! Flipping burgers is meant for KIDS as a first job! But also if I can’t get a speedy meal during my noon lunch break while the kids are at school I’m going to be PISSED!
If everyone who flips burgers gets a “better job” are you going to stop having burgers?
The issue is that while there is work that needs to be done, then there will be a need to pay people to do it. If you’re a business owner and you have work that needs to be done, and you can’t afford to pay your employees enough for them to pay their bills and lube decent lives, and you can’t personally take the hit to your own income to cover the difference, then your business should fail.
Right now, the arrangement forces people to work more than 40 hours a week – which is illegal, but companies get away with it because they don’t work at the same company for the whole time. In fact, many people with multiple jobs don’t even have full time jobs – they have 3 part time jobs, all working them less than 40 hours a week, so they don’t have to give them the benefits they’re required to provide for full time employees.
(Personally, when I was young I had multiple places scheduling me for 39.5 hours a week. Now I’m a white collar FTE and I work 35 hours a week.)
So, next time you call someone who’s flipping burgers “lazy,” think about how lazy a person must be to work 100 hours a week. Is that what laziness looks like to you? How many hours a week do you have to work too not be considered not lazy?
Because, the thing is, you know they aren’t lacy. They’re working their fingers to the bone, and have much shittier and shorter lives than middle class people. Calling them lazy (or stupid or unlucky or whatever) is how you rationalize the fact that you’re unwilling to accept any inconvenience it might cause you to help them.
In this scenario – aka, the real world, the world we are in right now – they are working harder than the rest of us are, for less money.
They choose to work as burger flippers. And I’m not talking about 1-12 “monthers” but people who spend years not improving their situation.
It’s not laziness in the literal sense. They don’t see the way out because they are fucking stupid.
Why can’t they just flip burgers from the age of 16 till 65? What if they don’t mind the work, they have a full and fulfilling life outside of work, and their job is just what they do to make ends meet? Does that mean they deserve to live in debt and working 100 hours a week? Are you so ignorant that you don’t understand that, in any economic system, capitalism or otherwise, not everyone can move up?
It’s literally not possible. There have to be people flipping the burgers. That’s a fact of the system; there’s no way around that. And it’s ok – not perfect, but acceptable – as long as we treat those people with dignity and respect.
And that means paying them enough to survive – and thrive – on 40 hours a week. No one’s saying they should have enough money to buy megayachts – or even regular yachts. But they should be able to buy a shitty canoe – and still be able to pay all their bills, and not have to work more than 40 hours.
If you’re concerned about the possibility that, if they earn more, you’ll earn less, that’s just not true. There’s no scenario in the USA where a company is charging customers any less than the most they possibly can, and paying their workers any more than as little as possible. That’s literally the law. There is plenty of extra money that can be used to cover the needs of our poorest people – and to raise the salaries of more scarce labor who would otherwise turn to flipping burgers if burger-flipping salaries went up.
Literally every business that’s even a little successful has extra money. (“Extra money” is also known as profit.) There is no reason why one person should have to work more than 40 hours a week while another person has more money then they can possibly spend in a lifetime; it’s illogical and irrational, and cruel.
Well obviously because burger flippers are only detrimental to society. These people should be THANKFUL we’re paying them at all to play around behind a stove all day!
In all seriousness, lad has some screws loose, you’re wasting time and effort if you expect to change their opinion. Dudes a slave to the system he’s defending. Sad.
wtf are you talking about? Do you think we don’t need plumbers? Nurses? Get a job loser
I have 2 jobs, nice try.
See here the man not only a slave to the system, but placing the shackles on his own arms and legs! Capitalism is wonderful!
I’m pretty sure I could buy you and your whole family if it was for sale. But yeah, keep dreaming. I woke up from my dream a long time ago.
Kinda a chicken and egg thing ain’t it? System sucks, I was born into a shit system, and learned from it, so now I’m a slave to it. What if I told you people are, on average, doing absolutely everything they can to not be paycheck to paycheck? Even the “welfare queens” I’m sure you’ll bring up next are a product of the fucked up system were born into. And also what if I told you people can be working on bettering their own positions while also pointing out that the system they are forced to take part in is absolutely rigged? Get the fuck outta here.
Look, I was born into this system as well, but I don’t weep every night because of it. If you had a working brain you would know that using the system for your own good is better instead of totally opposing it, like it’s lava path and you’re too scared to jump over it.
- Oprah Winfrey
- George Soros
- Larry Ellison
- Kenny Troutt
Just a few examples. These people got out of their poverty because they had the right idea in mind. But sure, it’s easier to “fuck capitalism” instead of moving your ass to become a better version of yourself.
The system can be abused, sure. I also have a working brain and choose not to, because every person who has abused the system and gotten fat off it has done so off the suffering and legitimate work put in by those who are in less fortunate spots.
The simple reality is that the system only works if you were born in the right spot, or if you’re one of those lucky enough to be pulled up, simply so some dumbass on a forum can go “see? See? It works sometimes! Use it to your advantage instead of complaining!” Fuck capitalism, not because it can’t be used to ones advantage but because it necessarily screws over anyone who isn’t frankly a psychopath, and fuck anyone who thinks it’s a good system.
It’s like that in every system. You’re lucky you’re not living in the 1500s. Oh boy, I can’t even imagine how much you would whine at it.
That may be the case, doesn’t mean we shouldn’t point out the flaws of the system and work to make them better. I’d probably be complaining about the aristocracy then, too. Hopefully in the place that fuckin beheaded them.
I also don’t know why you seem to believe that someone can’t be bettering their own life while also complaining about the flaws of the system they’re in. You have problems walking and talking too?
'Cuz I know these people don’t spend their whole day and night on social media. Idk, find a husband/wife and make them work for you. Seems like a good idea if you hate capitalism. Become the mini capitalist yourself!
George Soros
“Soros, who was born into a prosperous Jewish family…”
From bing:
George Soros: Soros was born in 1930 to a poor family in Hungary. He later moved to the United States and became one of the most successful investors in the world. He is now a billionaire with a net worth of $8.6 billion
https://www.businessinsider.com/billionaires-who-came-from-nothing-2013-12?IR=T
Hmmm, which source is more trustworthy? Britannica with their biography, or Business Insider with their click-bait article? Hard to say…
Business Insider is a digital media company that focuses on business, finance, and technology news, while Encyclopedia Britannica is a general knowledge encyclopedia
So specialists vs randoms
>If you had a working brain you would totally “fuck capitalism”
What change do you propose? Being born ultra rich?
If you work hard and become a professional you can make 100-120k in your 30s. Maybe as much as 150 if you get lucky. Those jobs exist in places where rent is 50% take home and ownership is completely off the table.
Do you suggest working a Denny’s in a rural area? Fuck that and fuck you.
How many people are born ultra rich and how many people get rich by hard work? Provide an answer and educate yourself while researching it.
How many people are born ultra rich
All the people who are ultra rich
how many people get rich by hard work
0%
Need source on that
So I need to do your research for you? I thought mister “Provide an answer and educate yourself while researching it” would have, you know, researched it and would have a source for his bold claims.
No source
