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San Francisco Landlords may lose everything [video]

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Re: San Francisco Landlords may lose everything [video]

#11

Sucks that SF is decay. But about the title - That's VERY Good! Humanity and society does not need an occupation identified as a "landlord". Housing should not be an investment ever.

What other arbitrary rules about investments do you have?

Seems like a rhetorical question that intentionally ignores the overall premise without adding value.

Re: San Francisco Landlords may lose everything [video]

#12

Sucks that SF is decay. But about the title - That's VERY Good! Humanity and society does not need an occupation identified as a "landlord". Housing should not be an investment ever.

Suppose you don't have enough money to buy real estate right now but you have enough to rent an apartment. If you don't want to be homeless, from whom do you acquire a lease?

If rent was illegal, you would buy.

Re: San Francisco Landlords may lose everything [video]

#13

Sucks that SF is decay. But about the title - That's VERY Good! Humanity and society does not need an occupation identified as a "landlord". Housing should not be an investment ever.

Suppose you don't have enough money to buy real estate right now but you have enough to rent an apartment. If you don't want to be homeless, from whom do you acquire a lease?

Landlords are the reason housing is unaffordable, but in a world without landlords if homeownership is out of reach for a segment of the population there should be public housing to accommodate that need.

Re: San Francisco Landlords may lose everything [video]

#14

Sucks that SF is decay. But about the title - That's VERY Good! Humanity and society does not need an occupation identified as a "landlord". Housing should not be an investment ever.

What other arbitrary rules about investments do you have?

Guess he is against private ownership of public infrastructure, because of what experience has shown. Invariably, there is persistent underinvestment to increase short-term profit, and once the physical plant is so run down that it plainly can't function any longer, it is renationalized at great loss to the public.

The current model has led to a persistent underinvestment in housing, especially entry-level housing since at least the late 1990's.

Re: San Francisco Landlords may lose everything [video]

#17

Sucks that SF is decay. But about the title - That's VERY Good! Humanity and society does not need an occupation identified as a "landlord". Housing should not be an investment ever.

Not sure it’s an “occupation” for most. I make less than 5% of my monthly living expenses off my rental property and treat my tenants with the care I’d treat my own family. I’m not sure a few bad actors taking advantage of people warrants statements like, “Housing should not be an investment ever.”

A few bad actors? You are the exception to the norm. Beyond that people are working to pay your mortgage increasing your net worth. You may not have much income, but you are getting wealthier.

Re: San Francisco Landlords may lose everything [video]

#18

Earlier quoted context omitted.

Not sure it’s an “occupation” for most. I make less than 5% of my monthly living expenses off my rental property and treat my tenants with the care I’d treat my own family. I’m not sure a few bad actors taking advantage of people warrants statements like, “Housing should not be an investment ever.”

nice defense, but you realize that edit many landlords are not like that at all.. the court system here in Alameda County California has a backlog of a decade+ for extremely abusive landlords

And some tenants are sucky too. Courts are backed up for evictions due to non payment of rent too.

Re: San Francisco Landlords may lose everything [video]

#20

Earlier quoted context omitted.

Not sure it’s an “occupation” for most. I make less than 5% of my monthly living expenses off my rental property and treat my tenants with the care I’d treat my own family. I’m not sure a few bad actors taking advantage of people warrants statements like, “Housing should not be an investment ever.”

nice defense, but you realize that edit many landlords are not like that at all.. the court system here in Alameda County California has a backlog of a decade+ for extremely abusive landlords

Your anecdote doesn't do anything whatsoever to justify your claim that most landlords are not like that at all.
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