this post was submitted on 18 Aug 2025
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[–] Deflated0ne@lemmy.world 8 points 2 hours ago

That's very nice. Now please face the wall.

[–] mycodesucks@lemmy.world 11 points 3 hours ago

Yes, this is a satire account, but I've heard the exact same crap from so-called "small landlords" who think clearly the problem is someone else.

Every small contributor that makes up the bulk of the problem thinks the REAL problem is the one that's bigger than them and they're the small potatoes, or the good one.

This applies to EVERYTHING. Not just property.

[–] obrien_must_suffer@lemmy.world 13 points 6 hours ago (1 children)

Landlords and private health insurance, middlemen that exist for no reason.

[–] zbyte64@awful.systems 9 points 5 hours ago

Guillotines could give them purpose. Or is it the other way around?

[–] ShawiniganHandshake@sh.itjust.works 51 points 8 hours ago (2 children)

Lots of people seem to be missing this - Chase Passive Income is a satirical account.

[–] buddascrayon@lemmy.world 12 points 4 hours ago

I don't know how they could miss that. It is very clearly a satirical post. No rich people are either that self aware or interested in outing themselves as greedy useless pieces of shit.

[–] damnedfurry@lemmy.world 3 points 4 hours ago

Yeah, lots of people on Lemmy are so sanctimonious while simultaneously falling for the most obvious satire/ragebait imaginable, lol.

[–] misteloct@lemmy.dbzer0.com 2 points 5 hours ago* (last edited 5 hours ago) (1 children)

Thus the home is worth about $1.5M-2M, a 20% increase YoY. So this is impossible/a blatant lie. Homes increased 2-6% in that time.

Almost like it's a satirical account

[–] Phegan@lemmy.world 62 points 13 hours ago (2 children)
[–] WhatThaFudge@lemmy.world 36 points 11 hours ago

The fact that we have to ask this is the point I think.. Hilarious post btw! 🤣

[–] drunkpostdisaster@lemmy.world 2 points 6 hours ago* (last edited 6 hours ago) (2 children)

That is more then my entire monthly pay check.i want to die.

[–] Goldholz@lemmy.blahaj.zone 1 points 6 minutes ago

That is more than my quarter year pay check

[–] Treetrimmer@sh.itjust.works 2 points 5 hours ago

Yeah about twice as much :(

[–] But_my_mom_says_im_cool@lemmy.world 135 points 17 hours ago (17 children)

I can walk into a bank today with a mortgage cheaper than rent, and I’ll be denied cause I don’t make enough money, explain that logic to me.

[–] lunarul@lemmy.world 79 points 16 hours ago (5 children)

Landlords don't care if your rent is sustainable for you in the long term. They have nothing to lose if at one point you can't afford it anymore, someone else will.

Banks on the other hand care very much if you'll be able to pay your loan in full. Even with the house as collateral, it's much better for them if you just paid your loan instead of them having to deal with all that.

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[–] ook@discuss.tchncs.de 165 points 18 hours ago (2 children)
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[–] pelespirit@sh.itjust.works 66 points 16 hours ago (22 children)

This isn't small timers, it's corporations buying up all of the housing, building only "luxury" apartments and price fixing the fuck out of the rent.

Then they spout "Trickle Down Housing" where the "luxury" apartments will be available in 30 years.

[–] obrien_must_suffer@lemmy.world 3 points 6 hours ago

They're all parasites.

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[–] UnderpantsWeevil@lemmy.world 69 points 18 hours ago* (last edited 18 hours ago) (4 children)

A) This is a hoax account

B) You can still get cheaper housing if you don't live in the whitest, red-lined-ass, suburban enclaves in your state

C) Even then, it doesn't matter, because landlords primarily benefit from very low borrowing costs rather than low housing costs. A $300k house was still functionally unaffordable to anyone earning $45k/year, unless your credit score got you one of those sweet sub-3% ZIRP era loans. Renting was effectively paying a vig to a guy with a better interest rate than you.

D) ZIRP also flooded the market with the excess cash that made $300k basic bitch housing possible. And then turned those $300k homes into $600k homes 15 years later.

E) Build Public Housing

F) And municipal mass transit, so you don't have to sit in traffic for a hour every day

[–] Zannsolo@lemmy.world 1 points 1 hour ago

Just pass a law taxing the shit out of single family homes used for income and a bigger tax on empty houses. Use the revenue to help people who go upside down on their mortgages due their primary residence due to the crash in housing prices.

[–] obrien_must_suffer@lemmy.world 4 points 5 hours ago

I agree with everything you said but

You can still get cheaper housing if you don’t live in the whitest, red-lined-ass, suburban enclaves in your state

That can be too far away from work, or if you move to an LCOL area, you'll find the wages are also lower and you're still poor.

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