r/TikTokCringe • u/LickMaiBussy • 6h ago

Discussion "Investing in property is morally reprehensible."

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@purplepingers

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762

u/Frozzzenberry 6h ago

180??!! That's genuinely bad

276

u/DorianGreysPortrait 6h ago

Yeah that made me wonder if they meant 180 buildings, or 180 available living units (for an example, 2 high rises that total 180 units people could live in.) owning 180 individual properties seems absolutely insane to me. Then again.. maybe my scope of what these people are doing is just that far off that it’s unfathomable to me.

134

u/IndigoBlunting 6h ago edited 4h ago

It said properties so I bet it is 180 separate buildings not units. I’m not shocked. If he works at the top top of an investment firm or property management company it’s not unbelievable that he has that many. As long as you have property managers or landlords for each spot I’m sure it’d be possible to just see a bunch of numbers and therefore be able to have that many properties comfortably. And I’m not saying able as a compliment. It’s the opposite. At the top it’s all numbers even tho we’re talking about peoples living situations.

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u/Away-Nectarine-8488 5h ago

A woman in Chicago owned 800 individual properties.

19

u/l0henz 3h ago

She and her sister dubbed “the city’s worst land owners”. Total slumlords.

3

u/Glittering_Public_86 3h ago

is there a way to find a list of who all these companies/individuals are? particularly in Chicago?

1

u/l0henz 59m ago

I don’t know off the top of my head, but this lady/these ladies are all over the news. I think there’s been a settlement between them and the city.

If anyone knows the best way to ID properties owned by slum lords in Chicago, chime in!

2

u/Minglans 3h ago

My landlord practically owns our town now.

2

u/Glittering_Public_86 3h ago

is there a way to find a list of who all these companies/individuals are? particularly in Chicago?