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joedev007 t1_itp0c77 wrote

Reply to comment by tetoffens in Software biz accused of colluding with 'cartel' of landlords by marketrent

Landlords doing business in a way that insures they turn a profit and have the funds to PROPERLY maintain their properties and pay their taxes helps all of us.

where you choose to live is indeed a luxury or we would all live on the pacific ocean in Malibu or in Aspen LOL

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MF_Kitten t1_itp8oxd wrote

You clearly have no idea how much of a cutthroat industry professional "landlording" is in America. It truly is sickening, and your comment makes it seem like we are talking about someone renting out their basement apartment or something.

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ILoveShitRats t1_itp6q4j wrote

There's so much wrong with your attitude, I don't even know where to begin.

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joedev007 t1_itp9vay wrote

"if my landlord loses enough money renting to me...

AND the prices are held artificially low by ignorance of market conditions, demand and value...

for LONG ENOUGH...

One day I will be treated fairly..."

it's a hard argument to make. you should want your landlord to charge you the proper amount for the market you are renting in - so every single thing THAT WILL COME UP is taken care of without hesitation. From new sidewalks without cracks our seniors can trip over, to new hot water heaters, air filters and central air...

the cheap/broke renter is the "I want to fly a discount airline that skips maintenance" argument.

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CPTKickass t1_iu1vvvl wrote

>…so every single thing THAT WILL COME UP is taken care of without hesitation.

Do you believe this is happening?

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usrevenge t1_itp9zo6 wrote

Lol what a moron.

Land lord expenses don't significantly raise. In fact they drop.

If you bought your property to rent out in 2015 and rented it out until 2020 you probably paid off most of the mortgage anyway. Meanwhile these shitfucks would raise rent on top of paying less in expenses

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joedev007 t1_itpasjh wrote

lol yes because property taxes going only going down

because water bills are going down

because maintenance costs are going down

back to your mom's basement glad to know you own nothing - or own it in an area no one wants to live in that does not have municipal workers making $200K a year PLUS benefits :)

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usrevenge t1_itpgmyj wrote

You are special.

Even if property tax assessments doubled and water bills doubled and every other utility doubled in price that would still be like 10% increase in rent not 100%.

Let's do the math.

You buy your rental home in 2015 for $150,000 the rent would easily be $900-1000 or probably more.

If you put 20% down which since it's a rental you kinda have to do that at a minimum your monthly payment for the house and taxes etc is $800. That's 1% property tax which is pretty standard

Now according to you. If we double the property tax. The math makes it out that rent should double.

Let's do that

If we double property tax it's $3000 a year. That means the total amount goes up about $150 per month.

Here is the kicker. Rent didn't go up $150. Rent didn't go up $200.

Rent has been going up 50% or more since that time The $1000 house you rented in 2015 is probably $1800 a month today.

So yea you deserve the down votes and everyone making fun of you.

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joedev007 t1_itpi9cy wrote

you're assuming that a good part of the increases are not...

  1. to invest more money in developing the property/properties held by this landlord.
  2. to fund capital improvements (in ground pool, led lighting, solar panels, tesla power walls, new playground)
  3. to filter who lives there by way of turnover
  4. to fund the landlord's lifestyle. it costs time and effort to manage a property, offset the non-payment tenants losses, legal, advertising of properties, etc.

imagine IF you applied your logic to concert tickets, weed, sneakers, alcohol...

Holy cow it's America and landlords want to live the same lifestyle the people you pay to see at lollapalooza or sportsball do

LOL

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asdaaaaaaaa t1_itpgqbp wrote

> Landlords doing business in a way that insures they turn a profit and have the funds to PROPERLY maintain their properties and pay their taxes helps all of us.

Except when it doesn't, and they take advantage of people. Unless you're living in the fantasy that some landlords don't take advantage of others, or taking advantage of others isn't a bad thing, I don't think you've thought that out as much as you need to.

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malphonso t1_itpqdqd wrote

Landlords are parasites who contribute nothing. They create an artificial scarcity of a resource required for life then expect others to pay for their "investment". And you think people should be grateful for that?

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Mr_Tulip t1_itpuf6d wrote

yawn...

"i couldn't afford my bills if i didn't engage in illegal price fixing"

LOL

6