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13DGMHatch OP t1_j6a0lnb wrote

Reply to comment by baxterstate in Rent just keeps going up by 13DGMHatch

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.

https://www.propublica.org/article/why-rent-is-so-high

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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.

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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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lendluke t1_j6cqcy5 wrote

OP should also let us know how easy it was to have enough money to buy multiple properties and "sit" on them.

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