this post was submitted on 12 Jun 2024
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It’s Boomer mentality, plain and simple. “It won’t affect me, so Not My Problem™️”
People like this are why I am hesitant to rent. I don't need the investment, but I'm good at owning and keeping up property, and I've thought about renting out my spare area at below cost just so someone can have a cheaper place to live, just while I pay it off. Like hey, I have a spare suite in my house, someone could live there since I don't need the space. It's not the Ritz, but a young couple trying to get started or a young family could use it while they save up for a down payment.
Then someone comes along and says "yeah I'm going to trash it because fuck landlords". Like, ok, fuck me for trying to provide a cheaper alternative to the huge corporate housing. Guess I deserve it for ... Reasons
Edit - I remembered it elsewhere, but posting it in this comment too. Independent landlords are not wealthy. Maybe they inherited a house from a family member, or what I describe, I could afford to upgrade but want to keep my old place and rent out below cost while I continued fixing it up. People who think "Landlords are rich" need to watch this video: https://www.youtube.com/watch?v=oxIgGkA5tXM Corporations buying property is one thing, people who have dozens of properties are one thing, someone just renting out a spare room or a spare property? You're probably financially ruining them.
I'm renting half someone's basement right now in a situation like you're describing. I'm very grateful to them for the opportunity and am not surreptitiously destroying their home. I've actually done several repairs for them since I started living here. I've known them for a long time though so they knew they could trust me.
That's who I'd love to rent to. It's not about profit for me, but more I have property and I can rent for under value. People are freaking assholes though.
This video haunts me, I saw it originally years ago, this guy breaking down over what renters did to his property: https://www.youtube.com/watch?v=oxIgGkA5tXM
Yea, I don't think I could ever rent something I owned to somebody I didn't know or even a lot of people I do know. Lots of people have no care for things that don't belong to them.