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this post was submitted on 16 Aug 2024
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No Stupid Questions
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No such thing. Ask away!
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IMO there's nothing wrong with a landlord that charges fair rent (mortgage + well reasoned maintenance costs + a reasonable profit, they do need to live themselves after all) and keeps up with maintenance in a good manner. Remember that not everyone is able to get a mortgage but is able to afford the same amount in rent.
IMO owning property for investment only becomes unethical once you are profiting beyond a "good living"
Property is the safest and largest growth investment that real people can make and the most likely to create generational wealth. Demonising that only advantages the multi-billion dollar conglomerates who have absolutely no ethics.