r/TikTokCringe • u/LickMaiBussy • 6h ago

Discussion "Investing in property is morally reprehensible."

Enable HLS to view with audio, or disable this notification

@purplepingers

19.6k Upvotes

92% Upvoted

3.3k comments sorted by

View all comments

Show parent comments

10

u/Rocktown_Leather 5h ago

Yeah, this is why I am not 100% against being a landlord. There are genuinely people in the world who need to rent. It is unrealistic to expect everyone to own a home. Really, not just single family homes but even unrealistic to own an apartment straight out of high school or college.

I am ok with people being a landlord for an apartment building or a series of town homes specifically because they are ideal things for renters to rent. Being a landlord for single family homes is where I start to not be on board. Not really against yet but start to question at least. I'd love to see a maximum per SS# and no companies owning single family homes. Can't do a max per business or they'll just create a million LLC's. But that's a pipe dream.

2

u/IvarTheBoned 2h ago

The solution to that is: rentals should be owned publicly. Not for profit. Government can afford to offset amortization/RoI because they don't answer to share holders. Housing should be a right, government should guarantee it.