• Brawndo
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    82 years ago

    They also assume all the risk of the property too. Tenants can leave as they please but landlords are stuck with the property if the market turns.

    • @nodsocket@lemmy.world
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      192 years ago

      Eh, I wouldn’t say the housing market on the whole is fickle in the same way as as the stock market. But for things like property damage, the risk is definitely on you

    • @rambaroo@lemmy.world
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      72 years ago

      No one forced them to be a landlord. Tenants have very little choice. Why is there even a comparison here?

      • Camelbeard
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        22 years ago

        So the 2008 economic crisis never happened? Where I live (Europe) houses are actually going down in value right now too.

    • @Landrin201@lemmy.ml
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      32 years ago

      Oh wow boo hoo, they have so much risk 😔 they have an entire house that they can sell at any time, who someone else is paying the mortgage of. Oh, the horror! If the market should crash they’ll lose the equity another person paid!

      Really the landlords are the victims here, not the tenants paying their mortgage for them plus a little extra for profits. Clearly the tenants have committed the crime of not having good enough credit for a loan, or the crime of not having enough for a down payment, so they aren’t worthy of owning property.

      No no it’s the landlord who has the real problems, because they could ein a shaky financial situation of “selling the second house iown” if the market dips!