Reason I’m asking is because I have an aunt that owns like maybe 3 - 5 (not sure the exact amount) small townhouses around the city (well, when I say “city” think of like the areas around a city where theres no tall buildings, but only small 2-3 stories single family homes in the neighborhood) and have these houses up for rent, and honestly, my aunt and her husband doesn’t seem like a terrible people. They still work a normal job, and have to pay taxes like everyone else have to. They still have their own debts to pay. I’m not sure exactly how, but my parents say they did a combination of saving up money and taking loans from banks to be able to buy these properties, fix them, then put them up for rent. They don’t overcharge, and usually charge slightly below the market to retain tenants, and fix things (or hire people to fix things) when their tenants request them.
I mean, they are just trying to survive in this capitalistic world. They wanna save up for retirement, and fund their kids to college, and leave something for their kids, so they have less of stress in life. I don’t see them as bad people. I mean, its not like they own multiple apartment buildings, or doing excessive wealth hoarding.
Do leftists mean people like my aunt too? Or are they an exception to the “landlords are bad” sentinment?
Again, all those things you mention directly impact your profit as a landlord. They have nothing to do with your tenants. It is not a service.
If I want to be able to drive a car, I have to get a license. But that doesn’t mean that getting a license is a service to anyone who might ride in my car. It’s overhead that I have to perform in order to drive a car.
Hearing landlords complain about paperwork while sucking up their psssive income calls for the tiniest violins ever. But, thanks to that income, they probably haven’t had a real job in so long that the difference may be difficult for them to comprehend.
Being a landlord IS a real job. You’re not getting it. You seem to have some idea that all a landlord does is sit back and collect rent. This is not true.
There’s a lot of work involved in setting up and managing properties. Some months it’s less and some months it’s more. Being self employed isn’t a 40 hour a week punch a clock type of job. The more properties, the more work is involved.
None of that work is a service.
Yes it is.