Landlords are really out here crying because they get called leeches for getting 100k loans to use on houses they're going to upsell for triple, meanwhile I can't even qualify for a credit card through the damn store I work at.
@@enaidealukal4105 because they want to stroke their egos about how clever they think they are. There is no moral code here, only inflated egos and wallets
The terrible thing is some kids (that will never have the start up capital these landlords oh so gracefully forget others don't just have laying about the house) are eating this up as how they're gonna make it big and become a 20 year old millionaire like they're fav influencers and youtubers
@@moodycowcrafts4862 yes exactly ! and of course the ethics of profiting off of basic needs to make a “quick buck” is never discussed so its just seen as a hustle/grindset
I live in rural ontario, and because of the lockdowns last year and people moving to remote working, a load of rich city people came here and bought up all the cottage properties and houses in town. Rent has almost doubled in the past 2 years, and now houses which used to sell for 250-300,000 are now close to a million. People who were born here can no longer afford to live here. It's disgusting. All because some rich people wanted to own their own piece of "rustic wilderness"...
@@moiracampbell996 oh man...yeah I bet it's happening to small communities everywhere. Now everything is being rented out to rich holiday makers so theres nothing left for regular people who need to live there year round...makes me worried about the future for sure.
my boyfriend lives in Belleville and rent and housing costs are out of control there. I was so confused because of the way he described the area. It's horrible and now we have to change all our plans because living there would take all our money.
@@cloama I'm so sorry that's happened to you too. But yeah like in my town they've built these luxury condos, but its right downtown in the shifty part of town, so the only people would would buy them are super rich people coming to the area who know nothing about it... why aren't they making affordable housing for existing residents?
Sent here from Tiffany Ferg! Very bingeable content! My parents are landlords (they own 6 properties). I tried to explain this to them calmly and rationally. They still think they’re providing a service 🤦🏻♀️ I think one of the reasons they have a hard time understanding is that they’ve had to deal with really shitty tenants. One of their tenants literally murdered his son in their house. Another was breeding and neglecting puppies in the basement. Several have completely trashed the property. So it’s difficult for them to see themselves as the “bad guys” and their tenants as “victims.” Of course it’s not black and white, I think my parents are good people, and some of their tenants were obviously awful. But it’s still an exploitative relationship
@@larissabrglum3856 Yeah I've had landlords like that. And while most of them were genuinely nice, I would still prefer to not give half my hard heard money to rent, plus bills, and then wonder if I can afford healthy food this month or if the heating mean I'll have to live off butter pasta. Like. There is no Good Ethical Way to be under late stage capitalism, and I get that. But being a landlord isn't being a good guy. At best you're not one of the worst.
This really opened my eyes. It makes me realize, even though I like the thought of owning more than one house, how important it is to use anything other than houses for passive income.
Omg the biggest problem with these lot, Tatiana being a great example, is that they make so much money on this grift that they can then buy more and more properties and in all of them are people who will never manage to save even for their own house 🤦♀️
I'm glad people are critiquing this content. I always found it infuriating that the flipping, duplex, house hacking UA-cam videos were so popular. "easy money" "passive income" "I have 400 units". People want money and don't care if it takes away a property that someone could be owning FOR THEMSELVES!
Excuse me also the landlord in the second tiktok is implying that she not disclose to her “roommates” (tenants) that she was the property owner when they signed the lease??
Currently renting at a former family home now turned triplex, my "landlord" is 17 because her mother died (her uncle is my real landlord), and painted the place herself, all utilities are included, rent is reasonable for the area, i get to keep my pets and dogsit here, and whenever something breaks i just text the landlord and its instantly fixed. I have no qualms about paying rent here and i'm genuinely gonna miss it here now that i'm expating. My old landlord acted like it was a major inconvenience that we existed on the property at all, called us paying his entire mortage and trying to feel at home a strain on his mental health. When i found my current apartment all other listings were like "good for weekend comuter with no pets, no smoking, no partying, no kids, no friends and social life, preferably don't fart after 8 pm" while here i genuinely feel at home.
I live in Montreal where Tatiana Londono is doing all her damage :)))) Unfortunately, Londono is only a symptom of a bigger systemic issue. The current (v neoliberal) government refuses to acknowledge the housing crisis (along with systemic racism but that's another topic) - mainly because the people who vote for them are rich upper middle class white ppl who live in the suburbs. Her tik toks make me sick.
I love the facade of giving advice" or "hacks" like 99% of their viewers can even come close to hoarding as much capital. it's just bragging and suckering victims of the system into believing they have a chance with a little hit of dopamine when they see these leeches on their feed. just another way to make money off of the working class
Something you didn't mention that these landlords neglect to mention is that renters have to pay security deposits, which are basically impossible to get back. So it isn't the landlord paying for that broken handle it's all of the tenants. Even when they have the occasional Tennant that wrecks the place most people don't so I know they make bank on that alone.
Please check local laws before assuming that you can't get a deposit back. I live in Ohio and am currently eagerly awaiting the day I can file a claim against my last landlord. I have helped several friends go to court (I'm not a lawyer, and # NotLegalAdvice, but your landlord probably isn't a lawyer either, and they are all benefitting from tenants not knowing their legally recognized rights.
There are laws that protect your security deposit. Landlords bank on tenants not completely reading lease. Housing is a federally regulated sector. They have teams of people waiting to assist tenants.
I don’t get his logic at all saying that not overcharging is somehow letting people rent it for free. By renting out your property, someone else is paying off your mortgage while your house presumably increases in value. It’s already free money for you, so why do you expect people to give you free pocket money on top of that just for letting them pay for your mortgage?
These people price the average worker out of the market. There is a huge "crisis" of tourist towns and vacation locations not having enough workers to run the local economy, because the workers can't afford to live in or near the area. Also, preach it!
This reminds me of when my grade 9 business teacher advised the class not to spend money on university but instead getting a mortgage near your friend’s university and increase the rent so you don’t have to pay your mortgage. This is honestly such an awful thing to suggest to a bunch of 14 to 15 year olds, especially to suggest that they take advantage of their friends!
The repainting makes SO much sense now. I always wondered why it looked like EVERYTHING had been painted MORE THAN ONCE, including the fucking doorknobs, to where if I left something leaning against the wall, it always made that tacky noise when you removed it and left an imprint.
this makes me realize what a sweet deal I had renting in college. the house I lived in was owned by one of the 4 roommates. rent was the mortgage split 4 ways. she payed for things like insurance herself. she worked a job and lived in one of the worst rooms in the house. in 2012 I paid $250/mo with all the bills included.
my landlord literally broke into my neighbors apartment after she got arrested and couldn't afford her bail - as in her security alarm started blaring. i called the cops. nothing. the landlord changed her locks AND locked all of this woman's cats inside. he wouldn't feed or water them and wouldn't let me do it either and they ALL ENDED UP STARVING. i called animal services and the cops. nothing. the landlord was also 6 and 1/2 feet tall and like 350 lbs and i am 5'4" 120. the same night he broke into my neighbors unit and changed the locks, he came down and knocked on my door. luckily my ex (who is not much bigger than me) was still living with me at the time and told him without opening the door that the landlord was not welcome and to say whatever he needed to say through the door. so this monster of a man takes out his keys to MY apartment and starts letting himself in. my ex held the door closed somehow while he told me to call the cops again. the cops finally come this time, but since the landlord is outside and we're inside, they talk to him first. next thing we know my ex opens the door to 2 police officers shining their flashlights in his face asking him what drugs we were under the influence of and basically accusing us of doing something wrong because "he's the landlord and he has a right to be here." BITCH! I HAVE A RIGHT TO BE HERE TOO!!!! I have so many stories about that place. we didn't have door knobs or locks for two weeks on our back door. instead of hiring an electrician to fix our outlets he hired some 18 year old kid who sent 3 feet of sparks into the air when he touched the first outlet because he didn't turn off the electricity to the apartment before starting. the whole 4 years i lived there we had squirrels living in our walls to the point where i had to disconnect my doorbell because every time they would come in and out of the walls my doorbell would go off. the roof had more missing shingles than it had on it. and so much more. worst slumlord i've EVER known.
@@Coolwater83 housing shouldn't be a business. landlord's contribute pretty much nothing to society by buying up homes and flipping them to the point where a normal family can't even afford to buy or rent a house anymore
@@Vkpz i’m not trying to sound like a ruthless capitalist but what do you suggest be done? Because let’s be honest. The materials used to build a home aren’t cheap, home maintenance isn’t cheap, and also building and maintaining a home involves hard labor as well. Not just money. Are you suggesting that you should get to live in a home for free while other people contribute money and labor?
I live in BC, Canada and there's so much of this. I'm on disability benefits, on a 5-year-long waiting list for subsidized housing, sinking deeper and deeper into debt trying to afford rent - with a roommate.
5-year-long waiting list for subsidized housing? Sounds like heaven. I'm from Amsterdam NL and it's 16+ years here before you get a small apartment at the shitty, ugly edge of the city. Everybody gets on the list at 18, and by the time it could be your turn, you're likely to earn a little bit too much to qualify, so you're stuck with absurd rent on the free rental market.
"We have maintenance costs; if someone breaks this handle then I have to fix it" ok if my rent is supposed to cover those maintenance costs then why are y'all keeping my deposit????
I am from Spain and we really have a problem with the rent prices... And part of the problem it's because aribnb since the landlords get more money from tourism than from the locals. Also, in my city, the government pays the young people (under 31 years old) the half of the rent if it cost less than 650€ in order to help us to move from our parent's house, but guess what, there's any chance for us to find a flat that cost less than 750/800€ because of the speculation :D
Well, the pandemic proof these landlords wrong. No more rental income, no more AirB&B. Still need to pay mortgage, real estate taxes, water, electricity and gas. Isn't that terrible? Crying for them 🤣🤣🤣.
Kelgore: "The notion a landlord is immoral has never crossed his mind tells me he's never rented a day in his life" Me: ...*thinks about all the Dublin renters who are wanna be landlords who frequently do free landlord PR as a hobby* How did Ireland let that happen? T^T
I truly want to text this to my landlord ... I told him when I met him that I’m studying something related to gender and sexuality and he laughed at me and was like “ what job are you gonna get w that” and I wanted to be like sir you are quite literally a LANDLORD what job did your history degree get you???? Did that help you inherit this property????
His question is valid. Where do they hire people with your degree? Will you make enough to pay back your loans and have your own house? My degree cost me $7,700 and I made $35,000 my first year so my loans were paid off in about 3 years.
A lot of landlords work jobs that aren’t being a landlord (unless they are the owners of multiple units). My landlord was a full time electrician who rented out the one property we lived in. My parents as well both worked full time jobs while being landlords to a single property.
@@Lacoux There will always be landlords. But they seem to target the smaller landlords. But if not them , it will all be huge corporations that own everything. Talk about soulless. They are the real problem. This movement is so strange.
YES to explaining why that building in the last one went up in value. Thank you/ please do more of this!! It’s really easy to see what these landlords paid for the house and when if you have the address. Let’s work it out!! I bet you can also find ones where the renters destroy the place. But like, aren’t they on drugs?? Which it would behoove landlords to be interested in effective public assistance for addiction?
The rental to Airbnb shift is the worst. I moved to a small rural town for a job and the only rentals were scary. Turns out all the nice rental homes were listed as Airbnb's. In a town of like 10K we have close to 30 Airbnb's. I even messaged people on Airbnb if they would go back to renting and multiple people were just like "we make more money this way and the locals are all drug addicts." Dogshit people.
LMAOOO a full time job??? my retired grandpa owned like 6 properties, he was a very nice man who charged an incredibly reasonable price, but he had time to golf, paint, garden, vacation and he was like 87 years old when he died.... it was absolutely easier than being a public school teacher, which is what he did until he was like 68. PLEASE. at least he KNEW he had it made.
I'd bet my monthly rent that the guy who talked about how people "have to" work for years to be able to afford to own the property was given a "loan"( i.e. loan with no interest and no expectation of being paid back a.k.a. a gift) from his already wealthy parents. And if impulse buying a $200 bikini and $100 worth of snacks counts as part of the cost of being a landlord, then where do I get to write-off the only video game I bought all year as part of the expense of doing my job?
I appreciate this content so much. If I ever own a home I want to be fair to my roommates and be mindful of the privilege and power I hold. This is a helpful video to consider before owning a home with roommates. House hacking is pure evil.
In Texas, if a landlord wrongfully withholds a deposit in bad faith, they will be liable for three times the amount of the deposit wrongfully withheld, reasonable attorney's fees, and $100. Depending on the facts of the case, there may be more liability. If the landlord is saying you owe money that you legally do not, they might also be liable under the Deceptive Trade Practices Act and the Texas Debt Collection Practices Act. If you're in Texas, talk to a legal aid organization. You might be surprised at who qualifies for free legal help.
every couple months i get like 10 comments back to back of people like you licking tom cruz’s @$$hole. all of them within like 12 hours. and then i don't hear a peep for months. does he periodically post my video in his discord or something? so sad lol
Living in the province of Quebec where we have a rent law that is considered pretty freaking good, I can't 1000% confirm that as soon as I call with a question about my rights, the person on the other side was immediately suspicious of me and sided with the landlord. It took like a minute and I was the enemy. And this is a good defender for renter's rights. I lived in Dublin where renter's rights do not exists. These people are so thoroughly disgusting, and they are proud of it?? I hope they end up in jail. (Except for the last few ones those were good ones, we need more renters unions)
Amazing video! My friend sent it to me and I'm so glad I found your channel! Tatiana Londono is one of the banes of my existence. She's been a luxury real estate for years in Montreal. It was already annoying seeing her face all over some of the neighbourhoods here, but seeing her spew her landlord bullshit on Tiktok put me over the edge.
I'd still rather be in her position than paying rent... whether or not I can do that, idk, but if we're gonna be stuck living in this weird dystopian reality, I'd much rather have it good until they chop my head off lol.
It's so easy to not be a landlord. I inherited an apartment when I was 15, we kept it for me to move into once I graduated uni, my aunt lived there just paying utilities so it wouldn't be empty. When I realized I didn't plan to come back to my home town I basically traded my aunt the apartment for a used car, cus I needed one at the time. Something similar happened four years ago when my dad died, but this time there's a house me and my mother and sister "own" but in reality we just let the family who lived there stay there and just keep it. In a few more years it will be legally theirs without the need for expensive court proceedings. I myself am renting because no, selling my inherited property wouldn't cover even a downpayment on where I have to live cus of work. Specifically because of landlords. If you inherit a house and you need it, lucky you! If you inherit a house and don't need it, becoming a landlord is still scummy.
So I’m a landlord. Hear me out; I hate it and cannot wait to have enough saved for a down payment on a single family home and sell this place, I’m a landlord because of nepotism (parents owned it and sold it cheap to me) and a really dumb selfish decision I made when i was young before I learned about other peoples landlord experience. Being a landlord is stupid easy. I work a 9-5 job, 90% of the tenant rent goes to mortgage and only reason it’s not 100% is because in my state it’s required you put some aside for repairs and stuff. I also pay out of pocket cause tenant rent doesn’t cover all of it (it’s a duplex, I live on one side and pay out of pocket). I also did some renovations out of my own pocket like a fence in the back yard and repainting. When I say it’s stupid easy I mean I could go weeks or months without having to do anything besides write a receipt for rent. My real job is way more stressful and harder, I forget I even manage a property it’s NOT a job. My friends have had experiences with landlords and when they tell me about it I’m just appalled. All these extra fees FOR WHAT!? Nothing, literally nothing, not to mention getting them to replace the bare minimum is like pulling teeth and they don’t even care for the property other than the bare minimum required by law to be habitable. My bf’s old land lady, who lived in a mansion while his place was a dump, called him and forced him to come back and pay a random made up fee that SHE forgot to collect. Absolute bullshit. Like I said, I hate being a landlord and can’t wait to sell this place, so spare the comments: i hate me too. I regret becoming one and honestly seeing the shit my friends go through with landlords and knowing their landlord is Bullshitting and lying through their teeth has made me take a drastic position against them. All I can really do in the mean time is give people advice for free on how to beat their land lords at their own game and be nice to my tenant (I haven’t raised his rent since I bought the place and don’t intend to since it covers enough of the mortgage). If you’re a landlord and you’re in the comments trying to defend yourself, I have a message for you: from one land lord to another, get a real fucking job you leech.
Jesus you dont have to hate yourself, its how the capitalist system works and you happen to be on the profiting site. That does not make you an evil person. Material analysis of capitalism is not about being morally good or bad, its about understanding how the system works. You will not get rid of your privilege by selling the house, bc all the money from the renters is what gave you the opportunity to buy a single family home in the first place, so deal with it.
Just give half of what you make when you sell it to your tenant yea? Since they paid for it. Treat it like they’re give you a really good monthly loan to pay your mortgage.
Lol I lived in like a hippy "commune home" lol we over paid for our rooms and found out our roommate owned the house and him and his girlfriend didn't pay anything. They were also nuts
Also my last landlord left to the south of France country side all of 2020, the upside is u can't evict if ur out of country. Paid rent the whole time 🙃
Love the video! Here's a quote for you. “The first man who, having enclosed a piece of ground, bethought himself of saying This is mine, and found people simple enough to believe him, was the real founder of civil society. From how many crimes, wars and murders, from how many horrors and misfortunes might not any one have saved mankind, by pulling up the stakes, or filling up the ditch, and crying to his fellows, "Beware of listening to this impostor; you are undone if you once forget that the fruits of the earth belong to us all, and the earth itself to nobody.” ― Jean-Jacques Rousseau, Discourse on the Origin of Inequality
Couldn't agree more. I think this would make a great series, it's so informative (and entertaining honestly) and most people don't see this side of the argument and assume paying rising rent prices is just "how it is" and "normal" and accept getting bent over every single month because at this point, they are conditioned to accept it. I'm 24 & now living back with my parents with an alright job, with a 28 year old sister who also moved back home who has a really nice job because neither of us can afford a fucking home and it's literally the only way either of us can put away any actual savings for a down payment instead of using our paychecks for monthly expenses related to renting. It is such complete bullshit that I have payed 3x as more money in rent to shitty landlords in the 5 years I've lived on my own than I would have EVER needed for a down payment.
I am from Germany and my grandfather worked in a and some day had a construction company that has been quite successful after ww2. He'd bought some houses that have been destroyed in the war, renovated and rented them (which was a good thing cause only a few had the ressources to rebuild and many people were homeless because of that). He had three children, my father and my uncle herited his company and his houses. My father has bought more houses in his life, securing financial stability especially for this herited company where projects can fluctuate (as well as financially surviving his divorce lol). He has about 40 workers so he is responsible for their financial stability as well. As far as I know, his housing is not inhumane (concering pricing and standards). He has to do a lot of managing (bureaucracy in germany is hell). I can absolutely say that my family at this point is hella priviledged but when me, my brothers and cousins get the heritage some day, i dont wanna be involved in the stress of owning a house and renting it (For my part, renting myself from different landlords has never been problematic cause apart from huge real estates they are doing it ethically). However, in the opinion of my family saving money in the bank doesn't pay off these days anymore and thats why keeping the houses is important (this argument is especially from my grandmother who had been extremely poor in her childhood). I get the capitalistic problematics of heriting a house but I also know how my father gives a huge part of his earnings back to the community. Wheres the issue with that?
oh i am SO down for a owned series dude (even if it does make me feel blind rage at least i'm feeling something amirite) also loved the windows media player esque background!!
@@nightslasher9384 Council tax goes towards your local council's budget. They'll spend the money on public transport, fixing holes in roads, parks, libraries etc.
Holy shit. I cannot believe I found you, I literally feel like I’m watching myself!! Um we would totally be friends in real life! I think we should put our minds together & fuck this system up!!! If I told you about my last apartment & the one I’m in now, you’d have content for days 😂 thank you for doing these videos ❤❤❤❤
I want you to react to your favourite landlord tiktoks (like actually funny stuff where people are goofing on landlords thinking that being a landlord is a serious job), like the tiktok at the end
Im here straight from tiffanys video. Same shitty situation here in Greece. the rental prices have been skyrocketing for years now. If you are lucky enough you may find a hole in the ground for you to live. Semi-basement and basement studios for 350 euros/mo while minimum wage is somewhere 550-600 euros/month. People on their mid/ late 20s are leaving cities and go back to their parents on the countryside.
great video!!! I'm not sure if you'll see this, but do you have any recommended books that touch on the topics you cover in your videos? I'm super ignorant and while I would love to just watch your videos for info, I figure I should also do some reading to get a full, (cited and peer reviewed) picture. Thanks!
hi, um so i'm kinda ignorant on the subject so i just wanted to ask, what should a person who inherits a house do if they can't sell it? if they just let it sit there it will slowly deteriorate and even fewer people will want to buy it, the only solution here seems to be renting it to someone else (the rent will probably be lower than the monthly mortgage) (i'm not trying to defend the homeowners that you talked about, what they did is vile)
That’s a good question! If selling it isn’t an option I would say renting it at a more reasonable price is probably better than nothing. A lot of these landlords are tripling their costs, but if someone just rented a house for the mortgage+taxes cost they would still have the equity of the house. Not the perfect solution but better than hiking the price way up!
i would say there’s always someone who’ll want to buy it if the price is low enough, i say drop the price, interview someone, and make sure it’s out of your hands
I’m not pro-landlord. But how can you be completely against all land ownership? How would you determine and enforce the rights of everyone to have their own home if no one can own one? Also, the It’s Always Sunny music is free use and has no copyright. That’s literally why the cast picked the music.
Like someone who lives in a country without land ownership. I will try to explain it as neutrally as possible. How it works, first is that, yes ... You continue to own your house, not because of the land on which it is planted, but because of the value of the building (Transportation and proximity to public spaces also affects the value). At first it is not so different from the US system. As for the real estate market. it has less inflated prices, but the biggest difference arises from the fact that, as the value arises from the construction only and not from the land or its location, it implies that having properties in poor condition or without large constant renovations, decreases its value. (There aren't really those suburbs with houses built in 1950 that still retain their original appearance or flooring.) The only way to increase the value of a home is to build. Make more bathrooms, more rooms, make it a second floor, a third ... (In my neighborhood there is a literal four-story single-family house for a family of five (And I live in a low-income neighborhood) There is greater freedom of improvements to the point where the limitations of renovations in the US confuse me xD (I did not understand why you have to ask permission to make a terrace). Another side effect of this culture is that being the safest investment method, intergenerational houses are conserved much more and, the abandonment of the nest is less common, since it makes more sense, continue building... I know cases of grandparents starting in a slum, for in the generation of their children it is a house with three bedrooms and two bathrooms, for the generation of the grandchildren, it is a three-story with three living rooms, five bedrooms, a closed backyard, laundry room and garage … (Without any of them really leaving "the working class"). A large house, or that can be considered a "mansion" is not a symbol of advancement in class or social. In fact, the symbol of class advancement (Step to middle or upper class), usually comes with the breaking of this tradition and the acceptance of the more commercial model, of buying a house in a gated community with limitations in renovations. How to get the land to build. There are generally two methods. The legal and the illegal xD In the legal ones are the public sales by the municipalities (They open spaces where they plan to urbanize and sell land to individuals so that they begin the tradition of starting to build at their own pace and possibilities). The prices are extremely low. Also large developers can buy it to build their apartment complexes. And the illegal ones, where there is an unused land, of public origin (sometimes private). A group of people literally go in, build a street of land and begin to build their houses, then it is up to the local government to estimate whether it legitimizes urban planning, providing public services or closes them and evict everyone. This reality creates two problems. The first, the illegal methods of obtaining land on which to build, predominate since there are always people needing to build houses, more than the State is able to mobilize its sales and urban planning. What makes the government ignore these constructions, but at the same time, does not legitimize them, not giving security to these new constructions, disabling the growth of the area (That is why slums are common, if you are not sure that the State will not come to evict you, investing in turning a "straw house into a brick one" is not smart). The second problem comes from agriculture (But that is another theme). Anyway, I hope this testament has helped you understand what a more housing-free model would look like, now, it is not the ideal Singapore or Vienna model. But let's be honest, these models work in the circumstances of those societies. A medium or large country could not sustain it, only decaying into a model closer to the one I explain here.
Landlords are really out here crying because they get called leeches for getting 100k loans to use on houses they're going to upsell for triple, meanwhile I can't even qualify for a credit card through the damn store I work at.
😱
@@Lilliz91 😒 Scram dork.
omg me 2 wtf...
imagine lacking self awareness so badly that you go on an app for kids to brag about taking advantage of poor people........... this is bizarre haha
@@enaidealukal4105 because they want to stroke their egos about how clever they think they are. There is no moral code here, only inflated egos and wallets
The terrible thing is some kids (that will never have the start up capital these landlords oh so gracefully forget others don't just have laying about the house) are eating this up as how they're gonna make it big and become a 20 year old millionaire like they're fav influencers and youtubers
@@moodycowcrafts4862 yes exactly ! and of course the ethics of profiting off of basic needs to make a “quick buck” is never discussed so its just seen as a hustle/grindset
I live in rural ontario, and because of the lockdowns last year and people moving to remote working, a load of rich city people came here and bought up all the cottage properties and houses in town. Rent has almost doubled in the past 2 years, and now houses which used to sell for 250-300,000 are now close to a million.
People who were born here can no longer afford to live here. It's disgusting. All because some rich people wanted to own their own piece of "rustic wilderness"...
And the adventurous ones are coming out to NS and buying up all our property and making life very difficult here for renters and locals trying to buy
@@moiracampbell996 oh man...yeah I bet it's happening to small communities everywhere. Now everything is being rented out to rich holiday makers so theres nothing left for regular people who need to live there year round...makes me worried about the future for sure.
my boyfriend lives in Belleville and rent and housing costs are out of control there. I was so confused because of the way he described the area. It's horrible and now we have to change all our plans because living there would take all our money.
@@cloama I'm so sorry that's happened to you too. But yeah like in my town they've built these luxury condos, but its right downtown in the shifty part of town, so the only people would would buy them are super rich people coming to the area who know nothing about it... why aren't they making affordable housing for existing residents?
imo them calling rural ontario “cottage country” is telling enough about what they think about it
YES to more material analysis of tiktok
Lololoollll best of both worlds, right?
agreed
Sent here from Tiffany Ferg! Very bingeable content!
My parents are landlords (they own 6 properties). I tried to explain this to them calmly and rationally. They still think they’re providing a service 🤦🏻♀️
I think one of the reasons they have a hard time understanding is that they’ve had to deal with really shitty tenants. One of their tenants literally murdered his son in their house. Another was breeding and neglecting puppies in the basement. Several have completely trashed the property. So it’s difficult for them to see themselves as the “bad guys” and their tenants as “victims.”
Of course it’s not black and white, I think my parents are good people, and some of their tenants were obviously awful. But it’s still an exploitative relationship
I think this is an important perspective to bring up, thanks for adding to the discussion
yes! i have the same perspective!
If they didn't own those properties they wouldn't have been dealing with those shitty people though...
I have an uncle who's similar. He really thinks he's a hard worker generously providing housing for his tenants, who should be grateful.
@@larissabrglum3856 Yeah I've had landlords like that. And while most of them were genuinely nice, I would still prefer to not give half my hard heard money to rent, plus bills, and then wonder if I can afford healthy food this month or if the heating mean I'll have to live off butter pasta. Like. There is no Good Ethical Way to be under late stage capitalism, and I get that. But being a landlord isn't being a good guy. At best you're not one of the worst.
This really opened my eyes. It makes me realize, even though I like the thought of owning more than one house, how important it is to use anything other than houses for passive income.
Hell yeah, thanks for watching
Omg the biggest problem with these lot, Tatiana being a great example, is that they make so much money on this grift that they can then buy more and more properties and in all of them are people who will never manage to save even for their own house 🤦♀️
its also annoying how they're creating trends and encouraging others to follow suit. I hate it here
I'm glad people are critiquing this content. I always found it infuriating that the flipping, duplex, house hacking UA-cam videos were so popular. "easy money" "passive income" "I have 400 units". People want money and don't care if it takes away a property that someone could be owning FOR THEMSELVES!
Excuse me also the landlord in the second tiktok is implying that she not disclose to her “roommates” (tenants) that she was the property owner when they signed the lease??
Right? I feel like they MUST have known, but even if I’m right, it’s a stupid fucking joke/tiktok bit regardless.
listen i know absolutely nothing about this type of thing but that sounds legally questionable at best....
Currently renting at a former family home now turned triplex, my "landlord" is 17 because her mother died (her uncle is my real landlord), and painted the place herself, all utilities are included, rent is reasonable for the area, i get to keep my pets and dogsit here, and whenever something breaks i just text the landlord and its instantly fixed. I have no qualms about paying rent here and i'm genuinely gonna miss it here now that i'm expating. My old landlord acted like it was a major inconvenience that we existed on the property at all, called us paying his entire mortage and trying to feel at home a strain on his mental health. When i found my current apartment all other listings were like "good for weekend comuter with no pets, no smoking, no partying, no kids, no friends and social life, preferably don't fart after 8 pm" while here i genuinely feel at home.
I live in Montreal where Tatiana Londono is doing all her damage :)))) Unfortunately, Londono is only a symptom of a bigger systemic issue. The current (v neoliberal) government refuses to acknowledge the housing crisis (along with systemic racism but that's another topic) - mainly because the people who vote for them are rich upper middle class white ppl who live in the suburbs. Her tik toks make me sick.
I love the facade of giving advice" or "hacks" like 99% of their viewers can even come close to hoarding as much capital. it's just bragging and suckering victims of the system into believing they have a chance with a little hit of dopamine when they see these leeches on their feed. just another way to make money off of the working class
Something you didn't mention that these landlords neglect to mention is that renters have to pay security deposits, which are basically impossible to get back. So it isn't the landlord paying for that broken handle it's all of the tenants. Even when they have the occasional Tennant that wrecks the place most people don't so I know they make bank on that alone.
Please check local laws before assuming that you can't get a deposit back. I live in Ohio and am currently eagerly awaiting the day I can file a claim against my last landlord.
I have helped several friends go to court (I'm not a lawyer, and # NotLegalAdvice, but your landlord probably isn't a lawyer either, and they are all benefitting from tenants not knowing their legally recognized rights.
There are laws that protect your security deposit. Landlords bank on tenants not completely reading lease. Housing is a federally regulated sector. They have teams of people waiting to assist tenants.
I don’t get his logic at all saying that not overcharging is somehow letting people rent it for free. By renting out your property, someone else is paying off your mortgage while your house presumably increases in value. It’s already free money for you, so why do you expect people to give you free pocket money on top of that just for letting them pay for your mortgage?
These people price the average worker out of the market. There is a huge "crisis" of tourist towns and vacation locations not having enough workers to run the local economy, because the workers can't afford to live in or near the area.
Also, preach it!
my hometown is a tourist town and i really fear this will happen to it :/ thankfully it hasnt yet but its a really sad thought
"my only solution is to make fun of them" 😂💀
Same my friend
This reminds me of when my grade 9 business teacher advised the class not to spend money on university but instead getting a mortgage near your friend’s university and increase the rent so you don’t have to pay your mortgage. This is honestly such an awful thing to suggest to a bunch of 14 to 15 year olds, especially to suggest that they take advantage of their friends!
I just wanna know how often these “I have to take care of the property! That costs money!” landlords ACTUALLY do repairs or maintenance in a year
The repainting makes SO much sense now. I always wondered why it looked like EVERYTHING had been painted MORE THAN ONCE, including the fucking doorknobs, to where if I left something leaning against the wall, it always made that tacky noise when you removed it and left an imprint.
this makes me realize what a sweet deal I had renting in college. the house I lived in was owned by one of the 4 roommates. rent was the mortgage split 4 ways. she payed for things like insurance herself. she worked a job and lived in one of the worst rooms in the house. in 2012 I paid $250/mo with all the bills included.
my landlord literally broke into my neighbors apartment after she got arrested and couldn't afford her bail - as in her security alarm started blaring. i called the cops. nothing. the landlord changed her locks AND locked all of this woman's cats inside. he wouldn't feed or water them and wouldn't let me do it either and they ALL ENDED UP STARVING. i called animal services and the cops. nothing. the landlord was also 6 and 1/2 feet tall and like 350 lbs and i am 5'4" 120. the same night he broke into my neighbors unit and changed the locks, he came down and knocked on my door. luckily my ex (who is not much bigger than me) was still living with me at the time and told him without opening the door that the landlord was not welcome and to say whatever he needed to say through the door. so this monster of a man takes out his keys to MY apartment and starts letting himself in. my ex held the door closed somehow while he told me to call the cops again. the cops finally come this time, but since the landlord is outside and we're inside, they talk to him first. next thing we know my ex opens the door to 2 police officers shining their flashlights in his face asking him what drugs we were under the influence of and basically accusing us of doing something wrong because "he's the landlord and he has a right to be here." BITCH! I HAVE A RIGHT TO BE HERE TOO!!!!
I have so many stories about that place. we didn't have door knobs or locks for two weeks on our back door. instead of hiring an electrician to fix our outlets he hired some 18 year old kid who sent 3 feet of sparks into the air when he touched the first outlet because he didn't turn off the electricity to the apartment before starting. the whole 4 years i lived there we had squirrels living in our walls to the point where i had to disconnect my doorbell because every time they would come in and out of the walls my doorbell would go off. the roof had more missing shingles than it had on it. and so much more. worst slumlord i've EVER known.
Ok what’s your point? That landlord was a bad guy. There are bad people who work in every type of profession. Not just the landlord business.
@@Coolwater83 housing shouldn't be a business. landlord's contribute pretty much nothing to society by buying up homes and flipping them to the point where a normal family can't even afford to buy or rent a house anymore
@@Vkpz i’m not trying to sound like a ruthless capitalist but what do you suggest be done? Because let’s be honest. The materials used to build a home aren’t cheap, home maintenance isn’t cheap, and also building and maintaining a home involves hard labor as well. Not just money. Are you suggesting that you should get to live in a home for free while other people contribute money and labor?
I live in BC, Canada and there's so much of this. I'm on disability benefits, on a 5-year-long waiting list for subsidized housing, sinking deeper and deeper into debt trying to afford rent - with a roommate.
damn im from the US and thought packing to canada may be a good call, i guess not...
5-year-long waiting list for subsidized housing? Sounds like heaven. I'm from Amsterdam NL and it's 16+ years here before you get a small apartment at the shitty, ugly edge of the city. Everybody gets on the list at 18, and by the time it could be your turn, you're likely to earn a little bit too much to qualify, so you're stuck with absurd rent on the free rental market.
"We have maintenance costs; if someone breaks this handle then I have to fix it" ok if my rent is supposed to cover those maintenance costs then why are y'all keeping my deposit????
"it's called house hacking" i screamed
I love this even though the cringe content makes me feel like my body is being dissolved slowly by many different acids!!! More pls!!! want
Cringe is pain leaving the body!!!!
@@Kelgore I hope this isn't just Homeopathy
That tenants union tiktok restored my hope in humanity
I am from Spain and we really have a problem with the rent prices... And part of the problem it's because aribnb since the landlords get more money from tourism than from the locals.
Also, in my city, the government pays the young people (under 31 years old) the half of the rent if it cost less than 650€ in order to help us to move from our parent's house, but guess what, there's any chance for us to find a flat that cost less than 750/800€ because of the speculation :D
That’s actually horrific. Wow
same shitty situation in Greece with the airbnbs....except our government provides zero help to young people.
Start of the video - This'll be fun to watch. End of video - I don't know what to do with my rage.
Well, the pandemic proof these landlords wrong. No more rental income, no more AirB&B. Still need to pay mortgage, real estate taxes, water, electricity and gas. Isn't that terrible? Crying for them 🤣🤣🤣.
“I don’t think it’s ethical to throw people out of their home” LMAO
I've literally never called my landlord to fix my property, I call my friends and we do it ourselves
Kelgore: "The notion a landlord is immoral has never crossed his mind tells me he's never rented a day in his life"
Me: ...*thinks about all the Dublin renters who are wanna be landlords who frequently do free landlord PR as a hobby* How did Ireland let that happen? T^T
I truly want to text this to my landlord ... I told him when I met him that I’m studying something related to gender and sexuality and he laughed at me and was like “ what job are you gonna get w that” and I wanted to be like sir you are quite literally a LANDLORD what job did your history degree get you???? Did that help you inherit this property????
His question is valid. Where do they hire people with your degree? Will you make enough to pay back your loans and have your own house?
My degree cost me $7,700 and I made $35,000 my first year so my loans were paid off in about 3 years.
@@purpleprose1315 since it seems like you are both *so* interested, let me do the honor of relaying: that info is just a quick google search away :)
How cringe.
I hope landlords sell all their rental properties to Blackrock, then obnoxious renters can bitch about large corporations instead.
A lot of landlords work jobs that aren’t being a landlord (unless they are the owners of multiple units). My landlord was a full time electrician who rented out the one property we lived in. My parents as well both worked full time jobs while being landlords to a single property.
@@Lacoux There will always be landlords. But they seem to target the smaller landlords. But if not them , it will all be huge corporations that own everything. Talk about soulless. They are the real problem. This movement is so strange.
YES to explaining why that building in the last one went up in value. Thank you/ please do more of this!! It’s really easy to see what these landlords paid for the house and when if you have the address. Let’s work it out!! I bet you can also find ones where the renters destroy the place. But like, aren’t they on drugs?? Which it would behoove landlords to be interested in effective public assistance for addiction?
Absolutely prime analysis of these tired old arguments that we’ve been hearing for decades
to quote trashfuture, the value is coming from inside the house
14:10 wait landlords have to fix things?? Someone needs to let mine know!
Definitely more material analysis please! Great job on this video. It was the perfect balance of thought provoking, infuriating and engaging.
all i know is if i find out a "roomie" is house hacking me, i'm setting the place on fire
The rental to Airbnb shift is the worst. I moved to a small rural town for a job and the only rentals were scary. Turns out all the nice rental homes were listed as Airbnb's. In a town of like 10K we have close to 30 Airbnb's. I even messaged people on Airbnb if they would go back to renting and multiple people were just like "we make more money this way and the locals are all drug addicts." Dogshit people.
One of these people is now my neighbor, he owns like 5 Airbnb's in town and was living out of state until recently.
LMAOOO a full time job??? my retired grandpa owned like 6 properties, he was a very nice man who charged an incredibly reasonable price, but he had time to golf, paint, garden, vacation and he was like 87 years old when he died.... it was absolutely easier than being a public school teacher, which is what he did until he was like 68. PLEASE. at least he KNEW he had it made.
You know who is worse? Realtors.
I'd bet my monthly rent that the guy who talked about how people "have to" work for years to be able to afford to own the property was given a "loan"( i.e. loan with no interest and no expectation of being paid back a.k.a. a gift) from his already wealthy parents.
And if impulse buying a $200 bikini and $100 worth of snacks counts as part of the cost of being a landlord, then where do I get to write-off the only video game I bought all year as part of the expense of doing my job?
OMG verbally guillotine the rich
I appreciate this content so much. If I ever own a home I want to be fair to my roommates and be mindful of the privilege and power I hold. This is a helpful video to consider before owning a home with roommates. House hacking is pure evil.
So well said. You had me in stitches even though the whole thing is very depressing.
I've just accepted that I'll never own a house, but a plot of land and a car or a camper is going to cut it for me
In Texas, if a landlord wrongfully withholds a deposit in bad faith, they will be liable for three times the amount of the deposit wrongfully withheld, reasonable attorney's fees, and $100. Depending on the facts of the case, there may be more liability. If the landlord is saying you owe money that you legally do not, they might also be liable under the Deceptive Trade Practices Act and the Texas Debt Collection Practices Act.
If you're in Texas, talk to a legal aid organization. You might be surprised at who qualifies for free legal help.
Great list of people to follow!!! Thank you! They all have great information !!! Ready to buy my first 100 units
every couple months i get like 10 comments back to back of people like you licking tom cruz’s @$$hole. all of them within like 12 hours. and then i don't hear a peep for months. does he periodically post my video in his discord or something? so sad lol
Thanks for breaking this down because I do not understand the implications of these subtle "money hacks" by myself 😅
Living in the province of Quebec where we have a rent law that is considered pretty freaking good, I can't 1000% confirm that as soon as I call with a question about my rights, the person on the other side was immediately suspicious of me and sided with the landlord. It took like a minute and I was the enemy. And this is a good defender for renter's rights. I lived in Dublin where renter's rights do not exists. These people are so thoroughly disgusting, and they are proud of it?? I hope they end up in jail. (Except for the last few ones those were good ones, we need more renters unions)
thank god i found you, i need more of this brutal analysis
Amazing video! My friend sent it to me and I'm so glad I found your channel!
Tatiana Londono is one of the banes of my existence. She's been a luxury real estate for years in Montreal. It was already annoying seeing her face all over some of the neighbourhoods here, but seeing her spew her landlord bullshit on Tiktok put me over the edge.
I'd still rather be in her position than paying rent... whether or not I can do that, idk, but if we're gonna be stuck living in this weird dystopian reality, I'd much rather have it good until they chop my head off lol.
I remember Tatiana, she had her own show called The Property Shop back in 2008
I know I’m late to the party, but I love all of this so much. Also, your Outro Dude sings like a goddamn angel…
It's so easy to not be a landlord. I inherited an apartment when I was 15, we kept it for me to move into once I graduated uni, my aunt lived there just paying utilities so it wouldn't be empty. When I realized I didn't plan to come back to my home town I basically traded my aunt the apartment for a used car, cus I needed one at the time.
Something similar happened four years ago when my dad died, but this time there's a house me and my mother and sister "own" but in reality we just let the family who lived there stay there and just keep it. In a few more years it will be legally theirs without the need for expensive court proceedings.
I myself am renting because no, selling my inherited property wouldn't cover even a downpayment on where I have to live cus of work. Specifically because of landlords.
If you inherit a house and you need it, lucky you! If you inherit a house and don't need it, becoming a landlord is still scummy.
Followed here from Noah Samson's video and really enjoyed it! Would love to see more
I knew I was gonna be pissed watching this.
Just didn't know how pissed.
Yes, please make all the videos! I love your content, and I want your channel to blow up!
They’re coming from the perspective they should exist to begin with. It’s self-preservation really
Yes!! We'd love more commentary like this! ❤️
More videos like this please 💕
“I should note I’m morally against land ownership”
*Closes tab*
ya it’s tough to face your cognitive dissonance.
@@Kelgore How is that cognitive dissonance? Do you know what that means?
"we're not getting rich here" after casually mentioning he had over 50k in his bank account
So I’m a landlord.
Hear me out; I hate it and cannot wait to have enough saved for a down payment on a single family home and sell this place, I’m a landlord because of nepotism (parents owned it and sold it cheap to me) and a really dumb selfish decision I made when i was young before I learned about other peoples landlord experience.
Being a landlord is stupid easy. I work a 9-5 job, 90% of the tenant rent goes to mortgage and only reason it’s not 100% is because in my state it’s required you put some aside for repairs and stuff. I also pay out of pocket cause tenant rent doesn’t cover all of it (it’s a duplex, I live on one side and pay out of pocket). I also did some renovations out of my own pocket like a fence in the back yard and repainting.
When I say it’s stupid easy I mean I could go weeks or months without having to do anything besides write a receipt for rent. My real job is way more stressful and harder, I forget I even manage a property it’s NOT a job. My friends have had experiences with landlords and when they tell me about it I’m just appalled. All these extra fees FOR WHAT!? Nothing, literally nothing, not to mention getting them to replace the bare minimum is like pulling teeth and they don’t even care for the property other than the bare minimum required by law to be habitable. My bf’s old land lady, who lived in a mansion while his place was a dump, called him and forced him to come back and pay a random made up fee that SHE forgot to collect. Absolute bullshit.
Like I said, I hate being a landlord and can’t wait to sell this place, so spare the comments: i hate me too. I regret becoming one and honestly seeing the shit my friends go through with landlords and knowing their landlord is Bullshitting and lying through their teeth has made me take a drastic position against them. All I can really do in the mean time is give people advice for free on how to beat their land lords at their own game and be nice to my tenant (I haven’t raised his rent since I bought the place and don’t intend to since it covers enough of the mortgage).
If you’re a landlord and you’re in the comments trying to defend yourself, I have a message for you: from one land lord to another, get a real fucking job you leech.
This the lamest display of public masturbation I’ve ever seen.
Jesus you dont have to hate yourself, its how the capitalist system works and you happen to be on the profiting site. That does not make you an evil person. Material analysis of capitalism is not about being morally good or bad, its about understanding how the system works. You will not get rid of your privilege by selling the house, bc all the money from the renters is what gave you the opportunity to buy a single family home in the first place, so deal with it.
Just give half of what you make when you sell it to your tenant yea? Since they paid for it. Treat it like they’re give you a really good monthly loan to pay your mortgage.
It's weird that most people can't even afford 1 house and then there's people out here with dozens of them
Lol I lived in like a hippy "commune home" lol we over paid for our rooms and found out our roommate owned the house and him and his girlfriend didn't pay anything. They were also nuts
Also my last landlord left to the south of France country side all of 2020, the upside is u can't evict if ur out of country. Paid rent the whole time 🙃
@@spitwings5963 😱 SACREBLEU!!!
Ads by realtors during this video is kinda funny.
Oh lord lol
Love the video! Here's a quote for you.
“The first man who, having enclosed a piece of ground, bethought himself of saying This is mine, and found people simple enough to believe him, was the real founder of civil society. From how many crimes, wars and murders, from how many horrors and misfortunes might not any one have saved mankind, by pulling up the stakes, or filling up the ditch, and crying to his fellows, "Beware of listening to this impostor; you are undone if you once forget that the fruits of the earth belong to us all, and the earth itself to nobody.”
― Jean-Jacques Rousseau, Discourse on the Origin of Inequality
beautiful quote!
Thank you for this comment
This was painful to watch. I'll take more please, love it. My soul does hurt from some of these people,
I love your energy
If it weren't for the comedy I'd be super pissed since I'm in the system 😭🙏
Couldn't agree more. I think this would make a great series, it's so informative (and entertaining honestly) and most people don't see this side of the argument and assume paying rising rent prices is just "how it is" and "normal" and accept getting bent over every single month because at this point, they are conditioned to accept it. I'm 24 & now living back with my parents with an alright job, with a 28 year old sister who also moved back home who has a really nice job because neither of us can afford a fucking home and it's literally the only way either of us can put away any actual savings for a down payment instead of using our paychecks for monthly expenses related to renting. It is such complete bullshit that I have payed 3x as more money in rent to shitty landlords in the 5 years I've lived on my own than I would have EVER needed for a down payment.
Here from Tiffany Ferg! Loved your content, subscribing right now!
I am from Germany and my grandfather worked in a and some day had a construction company that has been quite successful after ww2. He'd bought some houses that have been destroyed in the war, renovated and rented them (which was a good thing cause only a few had the ressources to rebuild and many people were homeless because of that). He had three children, my father and my uncle herited his company and his houses. My father has bought more houses in his life, securing financial stability especially for this herited company where projects can fluctuate (as well as financially surviving his divorce lol). He has about 40 workers so he is responsible for their financial stability as well. As far as I know, his housing is not inhumane (concering pricing and standards). He has to do a lot of managing (bureaucracy in germany is hell). I can absolutely say that my family at this point is hella priviledged but when me, my brothers and cousins get the heritage some day, i dont wanna be involved in the stress of owning a house and renting it (For my part, renting myself from different landlords has never been problematic cause apart from huge real estates they are doing it ethically).
However, in the opinion of my family saving money in the bank doesn't pay off these days anymore and thats why keeping the houses is important (this argument is especially from my grandmother who had been extremely poor in her childhood).
I get the capitalistic problematics of heriting a house but I also know how my father gives a huge part of his earnings back to the community. Wheres the issue with that?
I don’t understand it either.
Please do more of these! Tho the cringe might just kill me
Please continue dunking on landlords
oh i am SO down for a owned series dude (even if it does make me feel blind rage at least i'm feeling something amirite) also loved the windows media player esque background!!
In the U.K. we have to pay council tax as a renter which is just an extra tax for … living…. The landlords should pay this
What does that tax do for you guys?
@@nightslasher9384 Council tax goes towards your local council's budget. They'll spend the money on public transport, fixing holes in roads, parks, libraries etc.
Holy shit. I cannot believe I found you, I literally feel like I’m watching myself!! Um we would totally be friends in real life! I think we should put our minds together & fuck this system up!!! If I told you about my last apartment & the one I’m in now, you’d have content for days 😂 thank you for doing these videos ❤❤❤❤
why do they have such a cool title, land lord
can we just start calling them leechyscummers maybe then some will quit
bring back Slumlord
I want you to react to your favourite landlord tiktoks (like actually funny stuff where people are goofing on landlords thinking that being a landlord is a serious job), like the tiktok at the end
that’s a great idea!!!
Im here straight from tiffanys video. Same shitty situation here in Greece. the rental prices have been skyrocketing for years now. If you are lucky enough you may find a hole in the ground for you to live. Semi-basement and basement studios for 350 euros/mo while minimum wage is somewhere 550-600 euros/month. People on their mid/ late 20s are leaving cities and go back to their parents on the countryside.
This is my first time watching your content, and I fell in love instantly. Subscribed immediately.
great video!!!
I'm not sure if you'll see this, but do you have any recommended books that touch on the topics you cover in your videos? I'm super ignorant and while I would love to just watch your videos for info, I figure I should also do some reading to get a full, (cited and peer reviewed) picture.
Thanks!
Air BnB just out here enabling illegal hotels.
Kelgore... yes.. more please....
You're the best
never gonna stop thinking about this song at the end wow
also yes pls kelgore more vids like this !!!
Hi! I’m new here but please make more of these!
Tat is a proper villain
hi, um so i'm kinda ignorant on the subject so i just wanted to ask, what should a person who inherits a house do if they can't sell it? if they just let it sit there it will slowly deteriorate and even fewer people will want to buy it, the only solution here seems to be renting it to someone else (the rent will probably be lower than the monthly mortgage)
(i'm not trying to defend the homeowners that you talked about, what they did is vile)
That’s a good question! If selling it isn’t an option I would say renting it at a more reasonable price is probably better than nothing. A lot of these landlords are tripling their costs, but if someone just rented a house for the mortgage+taxes cost they would still have the equity of the house. Not the perfect solution but better than hiking the price way up!
i would say there’s always someone who’ll want to buy it if the price is low enough, i say drop the price, interview someone, and make sure it’s out of your hands
came here through tiffany ferg's dystopian housing video. great recommendation!
So solid. Feels so good to listen to this.
Landlord are just scalpers but using houses instead of X-Boxes or whatever and we all know how much people despise scalpers.
more content please, you mentioned MLMs as a potential subjects and yes please
Having $50,000 in your checking account is a huge yikes.
I’m not pro-landlord. But how can you be completely against all land ownership? How would you determine and enforce the rights of everyone to have their own home if no one can own one?
Also, the It’s Always Sunny music is free use and has no copyright. That’s literally why the cast picked the music.
Like someone who lives in a country without land ownership. I will try to explain it as neutrally as possible. How it works, first is that, yes ... You continue to own your house, not because of the land on which it is planted, but because of the value of the building (Transportation and proximity to public spaces also affects the value).
At first it is not so different from the US system. As for the real estate market. it has less inflated prices, but the biggest difference arises from the fact that, as the value arises from the construction only and not from the land or its location, it implies that having properties in poor condition or without large constant renovations, decreases its value. (There aren't really those suburbs with houses built in 1950 that still retain their original appearance or flooring.)
The only way to increase the value of a home is to build. Make more bathrooms, more rooms, make it a second floor, a third ... (In my neighborhood there is a literal four-story single-family house for a family of five (And I live in a low-income neighborhood) There is greater freedom of improvements to the point where the limitations of renovations in the US confuse me xD (I did not understand why you have to ask permission to make a terrace). Another side effect of this culture is that being the safest investment method, intergenerational houses are conserved much more and, the abandonment of the nest is less common, since it makes more sense, continue building... I know cases of grandparents starting in a slum, for in the generation of their children it is a house with three bedrooms and two bathrooms, for the generation of the grandchildren, it is a three-story with three living rooms, five bedrooms, a closed backyard, laundry room and garage … (Without any of them really leaving "the working class").
A large house, or that can be considered a "mansion" is not a symbol of advancement in class or social. In fact, the symbol of class advancement (Step to middle or upper class), usually comes with the breaking of this tradition and the acceptance of the more commercial model, of buying a house in a gated community with limitations in renovations.
How to get the land to build. There are generally two methods. The legal and the illegal xD
In the legal ones are the public sales by the municipalities (They open spaces where they plan to urbanize and sell land to individuals so that they begin the tradition of starting to build at their own pace and possibilities). The prices are extremely low. Also large developers can buy it to build their apartment complexes. And the illegal ones, where there is an unused land, of public origin (sometimes private). A group of people literally go in, build a street of land and begin to build their houses, then it is up to the local government to estimate whether it legitimizes urban planning, providing public services or closes them and evict everyone.
This reality creates two problems. The first, the illegal methods of obtaining land on which to build, predominate since there are always people needing to build houses, more than the State is able to mobilize its sales and urban planning. What makes the government ignore these constructions, but at the same time, does not legitimize them, not giving security to these new constructions, disabling the growth of the area (That is why slums are common, if you are not sure that the State will not come to evict you, investing in turning a "straw house into a brick one" is not smart).
The second problem comes from agriculture (But that is another theme).
Anyway, I hope this testament has helped you understand what a more housing-free model would look like, now, it is not the ideal Singapore or Vienna model. But let's be honest, these models work in the circumstances of those societies. A medium or large country could not sustain it, only decaying into a model closer to the one I explain here.
it's so funny cause they really think they're good people doing good things. i have 2 laf
She’s a landlord… if someone doesn’t pay you their rent…. Tell me you aren’t throwing them out!
Thanks for this
here for this content