Landlord hate thread

The day of the rope comes for you, fifth columist

Landlords suck. Renters are worse.

What are you gonna do about it, buy your own home? lmao

The ills you are prescribing to landlords are just consequences of your governments actions. Inflationary monetary policy drivining up prices of assets, and zoning laws and other such nonsense to prevent more housing from being constructed.

Fed and other central banks create money, which absent yields on bonds, starts looking for other things to invest in like real estate. This makes boomers happy. Existing dysfunctional laws and rules preventing more housing are never reformed because that would make boomer portfolios lose value.

Imagine thinking you are entitled to free housing for nothing. The absolute state.

You are mistaken, even without that inflationary policy, housing prices would go up, because land is an asset that everyone will always need, and requires no work whatsoever to maintain (note I am saying land, not housing).

Reread the Adam Smith quote in the OP. Land is unlike any other asset. As the population grows, we can produce more food and things, but land, which everyone needs, is fixed. Yet unlike things like gold we need it to live. It is unsustainable to allow people to own it forever for a simple fixed sum of money.

Land belongs to all. It existed before the first human was born and will exist after we are gone. To lay claim on it without having worked to create it is robbery. It can only be rented from humanity.

>basing your stance on modern landlords on 200 year old depictions of men who were literally renting land out to be farmed by people

Lazy zoomers living in luxury apartment cuckboxes have to pay for the right to do so dumbshit

>My Chinese friend told me it's even worse in China, his cousin bought a house and didn't rent it or innovate it or anything, still made more from it over 5 years than his actual job (from simple value appreciation)
He did speculate and it paid off. It couldve very well gone the other way around too. What about the people who bought at the peak of the last housing bubble?

>What is property tax
And there's enough "land" to go around, people want houses

>those dubs
based

Ummmm you are you filthy neolib

lol rent strike crybabies always sprout up about week before rent is due. Why not work a little harder and buy invest in your own future? Buy some land and start crying about mortgage strikes you absolute fucking failure.

Property tax should be progressive to prevent the existence of landlords (unless they are very good at what they do, and only rent 1 or 2 properties).

>What about the people who bought at the peak of the last housing bubble?
They will be fine as long as they held and weren't over-mortgaged.
The only thing that could affect housing negatively long-term is if population drastically went down. This kind of "speculation" on a certain asset is called hoarding, not speculation.

>And there's enough "land" to go around, people want houses
Obviously the location of land matters.

Are you sure?
Look at the housing market in japan, people who bough property for 1 million 30 years ago are selling it now for 250k
Also housing didnt go up inflation adjusted in the USA from 1900-1990 (dont quote me on the exact year, something in that range)

This.

Attached: ms-vvpO5l.gif (148x111, 860.46K)

I'm a landlord and I feel like a fucking jew. I will sell my property this year and become a renter myself.

House prices going up in one area redirects people to live elsewhere, where they will then create another city.

The government artifically gives landlords a monopoly by controlling rent, importing people, and with many other laws.

A progressive land tax would have prevented such a bubble forming in the first place. The only reason prices went up so much is because people in Japan saw it as a sure bet (and because the Central Bank of Japan worsened the bubble to enact the change they wanted). I've seen documentaries on how it was, normal salarymen buying 3,4 properties was normal. Disgusting.

>gov inflates real estate prices by controlling what amount of land can be built on, opening its borders, subsidizing housing for leeches and dropping interest rates to 0, thus making a lot of captial go into real estate to find some sort of yield
>THE GOVERNMENT HAS TO SOLVE THIS PROBLEM BY TAXING MORE

You stastists are such brainlets

Attached: 1563795630530.png (211x239, 4.12K)

not a single government anywhere has implemented a real progressive land tax (ie a tax that increases exponentially with the AMOUNT of land/properties you hold). That's how you stop landlord property hoarding. No government has even tried this.

Start a garden then. Food is overpriced imo, if you go to somewhere like Vietnam you can get an entire meal for $2-3 rather than $15-18 in the US.

The current government is taxing the wrong way and cutting interest rates because it is controlled by money interests. Democracy is a failure and autocracy is the solution.