For the record, this includes the "nice" landlord in your family who's "one of the good ones." We're actually coming for them first just so you stop posting pro-landlord propaganda.
this post was submitted on 26 Mar 2025
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I was a landlord for about year. We were moving and someone wanted to buy it but couldn't get a mortgage until their other house sold. We rented it to them for a year with a clause in the lease giving them right of first refusal to purchase at a pre-determined price. I had a full-time job the whole time, though, and the rent covered the mortgage plus $100 more or so. Was I the baddie? I always pictured "landlord as your primary income source" when I think of landlords.
I think a confounding issue is there's a difference between a landlord that just owns a building and rents it out, and like a property management company that maintains the building.
If I own a building but also tend to the yard, keep the building painted, sweep the lobby, deal with utilities, etc etc, that's labor and contributing something. It doesn't give a carte blanc for renting out rooms at sky high prices, but it is in my mind better than someone who does nothing, but happens to legally own the place so they get the money.
Public housing is probably still the way to go, though.