Submitted by 13DGMHatch t3_10mvqcr in newhampshire
baxterstate t1_j68kaoa wrote
Screw landlords, that is all.
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No, that is not all. Being a landlord is a business. They have expenses too. Real estate taxes. Water/Sewer bills. Maintenance.
I'll tell you who's at fault. Your NIMBY neighbors. And YOU if you don't show up at town meetings or hold your mayors, town managers, etc. feet to the fire.
You set aside zoning for multi family homes in EVERY town, and soon you'll have all the apartments you'll need.
I was a landlord in another state. City I lived in was mostly 2-3 family homes on small lot sizes. Single family homes were the minority; in fact, a lot of older victorian single family homes had been converted to 2 and 3 family homes.
Here's what you do. Show up at town meetings. Shame the NIMBYs and those responsible for zoning. Use your cameras and go on social media. Call the networks.
NyxOrTreat t1_j6ouz3b wrote
Genuine question as a non-landlord, if I can I ask: if being a landlord is difficult—as most jobs are I think—why be one? Why not sell the property and divest yourself of the asset and the work to manage it? Get a job in the service industry or a trade? Personally, I would love it if my crappy landlord just sold us the house and we take over the costs while gaining the equity. Make needed repairs. Be responsible for landscaping and snow removal. Would be great. As it stands, the current low stock and resulting market (plus interest rate) increases have priced us out when a year ago we had a decent down payment. Changing zoning laws is all well and good but not helpful if those new properties are snatched up by people looking to use them as income by renting them out and working as a landlord. If people who own multiple houses had to sell a good portion of them (e.g., we put a tax on non-primary residence ownership such that people who own, say, more than 5 houses pay a 40% property tax on the highest-valued properties in excess of 5), wouldn’t that flood the market with real estate and bring down costs as well, without needing to force high-density housing everywhere?
13DGMHatch OP t1_j6a0lnb wrote
Yeah, landlords are doing fine. It's barely a "job". Real-estate taxes and other costs aren't jumping nearly as fast as the rates rents are being raised. In fact corporate landlords had record profits.
Having money to buy up multiple properties sit on them. That's an easy job if you have the money.
They don't even have to figure out what makes sense for rent prices. They use software.
z50rking2 t1_j6as3j8 wrote
Being a landlord is a full time job. Tenants call you 24/7. You should try it. Not as easy as you think and your points show your inexperience and misinformation on the subject. Just because you think your rent is high or you can’t afford it or you don’t want to pay it doesn’t mean that being a landlord or owning property isn’t hard to do.
baxterstate t1_j6agw5p wrote
You didn’t address a single point I made. I proposed solutions. All you’ve done is complain.
I suggest YOU become a landlord and keep us informed about your altruistic progress.
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