• bunchberry@lemmy.world
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    41 minutes ago

    It always impresses me how much people worship landlords, even Canada up there is having a housing crisis but nobody dares question the sanctity of landlords. You can watch both the major parties arguing for hours and nobody ever brings up landlordism once. A lot of them choose to instead become hostile to immigrants, both parties moving further right on immigration because stopping immigration or potentially even kicking out immigrants to them is more acceptable than questioning the sanctity of landlords. You also saw a similar thing here in the USA, I remember after the Trump/Kamala debate when they revealed the plans for bringing housing prices down and Trump was “mass deportation” and Kamala was “a tax credit.” Not sure about every country definitely here in US and Canada, people here treat landlords like unquestionable deities, the idea that their right to rule should even be called into question is not even something that passes through most people’s heads.

    • surewhynotlem@lemmy.world
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      1 hour ago

      People with lots of money shouldn’t be allowed to make other people suffer.

      If I punched you in the face, I’d be in trouble. But if I drive up housing process so you become homeless, well that’s your fault.

      • Sarmyth@lemmy.world
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        49 minutes ago

        What the hell does that have to do with luxury goods? The house is the only thing you Might not consider a luxury good because you need housing but, owning your own property and not sharing walls with a neighbor is in fact, a luxury.

        • aim_at_me@lemmy.nz
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          31 minutes ago

          Shelter is a basic right. And private landlords have been disastrous for the price of housing.

        • surewhynotlem@lemmy.world
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          31 minutes ago

          Maybe I missed it, but I think the OP is about how home “investors” are also scalpers. So the topic is home investors.

  • stebo@lemmy.dbzer0.com
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    8 hours ago

    The worst thing about this is that housing is essential, while all the other things aren’t. Scalpers only take advantage of other people’s shopping addiction, while these so-called “investors” take advantage of other people’s basic needs.

  • icdmize@lemm.ee
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    5 hours ago

    All that shit’s gone to garbage except for houses, don’t ask me how I know. <_<

  • slaacaa@lemmy.world
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    13 hours ago

    Housing is a basic human need, it shouldn’t be allowed to be only an investment. With the other items, you can just say “so don’t buy it”, which is not possible with housing, you have to pay for it, even of you wouldn’t like to.

      • Hyperlon@lemmy.world
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        3 hours ago

        An Important want for sure, but not a necessity in any way shape or form. You won’t die or get sick by not attending a concert or a guitar would be listed in survival guildes

      • calcopiritus@lemmy.world
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        11 hours ago

        I’d bet if you were a lego fan you’d say the same about legos.

        Housing and concerts are orders of magnitude apart in “importantness”. All of the items above are not needed to live. A home is needed.

            • Resonosity@lemmy.world
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              5 hours ago

              I’d add a place where you won’t get attacked or threatened while sleeping, and maybe where you can store your stuff that also won’t get stolen easily

          • CileTheSane@lemmy.ca
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            1 hour ago

            You haven’t paid enough attention to notice that the tropic of conversation is that scalping is bad and property scalping is worse, which you seem to agree with, so I don’t know why you’re arguing with people.

      • killingspark@feddit.org
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        11 hours ago

        I agree that “just don’t buy it” is not that easy for culture in general, it could be applied to hypermonetized events.

        I’m not sure I get your second point. How is Ticketmaster enabled by people boycotting events that get scalped?

        • Viking_Hippie@lemmy.world
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          11 hours ago

          How is Ticketmaster enabled by people boycotting events that get scalped?

          They aren’t by that specifically, but they are by transferring the blame to scalpers and the victims of both scalpers and Ticketmaster…

        • Viking_Hippie@lemmy.world
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          11 hours ago

          Yeah. Not to mention that a lot of people’s social identity, social activities and sense of community are all tied up in going to concerts together…

  • 211@sopuli.xyz
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    11 hours ago

    I think most of you are underestimating the cost of housing maintenance. We had some bad luck and a couple of structurally necessary renos were bigger than initially thought, or didn’t address the issue as well as we hoped, requiring new renos. In the last 20 years we’ve paid the cost of our townhouse apartment once over, easy. And now the bathroom, kitchen, and flooring could use an upgrade (25-50 years old), which is again expensive. In that time its value has risen maybe 50%, not quite keeping pace with local inflation.

    Not complaining, we bought it for living in and it’s been great for that, and now that everything is at the end of its lifespan is a good time to really make it ours. But house prices aren’t rising insanely everywhere, house upkeep isn’t free (there are always “modifications”), and at least here the average ROI for being a landlord is abt 4-6%, same as stocks lately, and that’s assuming no major surprises.

    • bunchberry@lemmy.world
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      47 minutes ago

      Not sure I see the relevance. Yes, housing maintenance costs money, what’s the relevance? Who says housing upkeep is free? What’s the relevance to anything at all?

    • Katana314@lemmy.world
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      7 hours ago

      If you only own one house, it sucks to have luck like that. But, it’s like the dips in stock prices - overall, the value of the whole market goes up over time. Those treating homes as investments tend to buy in the demand areas, where a few lofty renovations don’t dent their bottom line.