That’s disingenuous. The property
manager very much is NOT paying $30k for a new roof. The landlord is. The property manager just executes the maintenance plan the landlord is paying for.
Paying for a roof isn’t work. It’s not producing anything, transforming anything, or doing labor, and it takes no time. It takes 30 seconds to cut a check. And they’re using money I and other renters have paid them because we can’t afford a house, despite very much wanting to, because of how expensive housing is due to landlords buying up all the properties lol. You can tell it’s not a real job because a lot of landlords have full time other jobs. Or it’s why being a landlord is also a great way to get money for old people who can’t work and maybe haven’t saved for retirement nor have a pension.
That’s disingenuous. The property manager very much is NOT paying $30k for a new roof. The landlord is. The property manager just executes the maintenance plan the landlord is paying for.
Paying for a roof isn’t work. It’s not producing anything, transforming anything, or doing labor, and it takes no time. It takes 30 seconds to cut a check. And they’re using money I and other renters have paid them because we can’t afford a house, despite very much wanting to, because of how expensive housing is due to landlords buying up all the properties lol. You can tell it’s not a real job because a lot of landlords have full time other jobs. Or it’s why being a landlord is also a great way to get money for old people who can’t work and maybe haven’t saved for retirement nor have a pension.
I 100% agree that the problem is that housing is an investment. Real estate investors should not be buying homes to make a profit at the expense of available housing. I haven’t heard how the situation is in Germany, but that’s good. I heard Tokyo also does it right, where housing depreciates like a car, because they have so much.