Really sick of people bashing landlords
Answered 3 years ago
This is more of a vent than a question. Why is everyone bagging 'greedy landlords' for putting up ren't? I know not all landlords are good but neither are all tenants. Most landlords are average mums and dads trying to get a nest egg for their or their kids future. At the end of the day, it IS about them making money. No different to investing in shares or a business or Bitcoin or any other investment - anyone investing in anything is hoping to make money. I have an investment property. The rent has stayed the same since we bought it 4 years ago. Many other costs have gone up. Our tenant now doesn't want to sign a new lease because he doesn't know what he's doing (buying or building himself). We are putting his ren't up $20 a week and we could get even more if we got a whole new tenant in. The house still costs us more than we get from ren't and is worth less than we owe. However, this is a long term investment and down the track we will subdivide and that's how we will make some money. Our kids are in their mid teens so down the track its somewhere they could possibly live. I do genuinely feel for people struggling to find housing, but i think it's on the government to figure out this rental crisis, not for investor's to become a charity. It's all about the basic supply and demand. A few years ago it was taking months for houses to rent and prices were dropping. It's all swings and roundabouts.
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Home investers also complain loudly when their vaule goes down UNLIKE bitcoin or other investers.. you expect government bailout. What someone pays in rent is irrelevant to your investment, you are looking for property value and increase..except when it doesn't. If you signed into something that isn't making the return you want, who's problem is it seriously?
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What does shitcoin have to do with it??
Sounds like a 'bot' response to me.
To the OP- 100%. I get it. I'm not a landlord investor. Plenty of landlords aren't trying to get rich and many are just trying to cover costs. I get it.
You shouldn't be penalised for putting money into shelter instead of shares.
It’s funny how it’s suddenly unfair when the market dips in favour of the “other side” but no one gives a shit of the periods they go un rented.
If you don’t want to rent buy your own damn property.
If you want to use someone else’s property you’ve got to pay for it.
I never had this entitlement when I was a renter. I always understand I was using someone else’s property. I was not entitled to their property it was a contract between them and I.