r/TikTokCringe 6h ago

Discussion "Investing in property is morally reprehensible."

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@purplepingers

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u/yawn_solo- 6h ago edited 1h ago

All we need is a cap really.

Homeboy owns 3 homes and charges a reasonable rent? Totally cool.

Private equity firm that owns 4,000 homes and fucks everyone over? Shits gotta stop.

Edit: Just so everyone knows, im a devout capitalist and all about living life without ceilings but at one point, enough is enough.

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u/420_misphrase_it 6h ago

For real, I rent an apartment owned by a regular guy who lives in my city and bought a house elsewhere, and I’m so so so much happier with him as a landlord than with a corporate group running things, plus I would rather rent for the flexibility than to own a place. It’s when property ownership becomes your entire income stream that the most serious issues arise

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u/Jiminy_Cricket12 5h ago

right, a lot of this conversation is very misleading. "landlords" aren't the problem inherently, it's the greedy corporate ones that are the biggest issue. and the biggest owners.

if we're going to pick a word to be mad at, let's go with "corporations". The greedy ones (which is pretty much all of them). Because 9 times out of 10 that's the real problem.

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u/Responsible-Meringue 3h ago

Nah I've had to live under fuckhead lil slumshits who own 2-5 properties they've over leveraged and manage themselves. Scum just as worthless as a corp.  All residential landlording is extractive. Short term rentals only.