People tweeting stuff. We allow tweets from anyone.
RULES:
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.
There should be nothing wrong with owning multiple houses. But your property tax should be adjusted on every house you own depending on the number of houses that own. It should be completely cost prohibitive at a certain point to own more than 2 or 3 homes. It should kick in after a year or two, so that it gives people more than enough time to purchase a new home, fix it up or renovate, and then time to sell the previous house. Owning houses shouldn't be a profit-making venture.
Societal problems should be solved by the government, not by individual actions.
That's very nice. Now please face the wall.
Lots of people seem to be missing this - Chase Passive Income is a satirical account.
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.
Yeah, lots of people on Lemmy are so sanctimonious while simultaneously falling for the most obvious satire/ragebait imaginable, lol.
Landlords and private health insurance, middlemen that exist for no reason.
Guillotines could give them purpose. Or is it the other way around?
Is this satire?
The fact that we have to ask this is the point I think.. Hilarious post btw! 🤣
Yes.
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.
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.
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.
They're all parasites.
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
That is more then my entire monthly pay check.i want to die.
That is more than my quarter year pay check
Yeah about twice as much :(
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
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.
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.
This is the, “If I don’t do it, someone else will,” argument. Which is true.
There is always all least one other ass hole out there.
