Page 9 | Why so much hate for Landlords on MN?

coulditbeme2323 · 2026-06-04T15:00:07+00:00

Who do LL's get so much hate on MN? It seems so much more hate than there is any real life.

BillieWiper · 05/06/2026 11:53

StillNotDoingIt · 04/06/2026 16:19

Like Tesco do? Evil!

And what about doctors, getting paid because people are sick. Terrible people.

The very thought of someone making money from supplying a basic need is abhorrent.

Show quote history

The NHS who employed the doctors doesn't make a profit? Why are you equating public healthcare with private landlords?

UniDaysAcoming · 05/06/2026 11:53

All the hate seems to be towards the individual landlords not the institutional LLs. (Is it Lloyds who is now the biggest landlord? No mortgage issues there!) I doubt that they are better than the individual landlords. It's not LL Vs council - it is really individual LL Vs institutional LL Vs council/social housing.

I don't get the 'morally wrong' thing either - is Tesco also morally wrong for making a profit from food - an even more basic necessity?

Original poster

coulditbeme2323 · 05/06/2026 11:53

LuckyHazelFox · 05/06/2026 11:51

Shares are accumulated wealth built on an investment. Not sure of the correlation.

Show quote history

This is what the poster said I was responding to.

"If you get money without working for it, from any kind of investment, you are part of the capitalist system."

Shares fit that description.

OP posts:

Itchthescratch · 05/06/2026 11:52

StandingDeskDisco · 05/06/2026 11:49

Humans 'earn', because they work. Money does not 'earn' because it does not work, it does not do labour.

Yes people talk about financial investments 'earning' interest, so the word has acquired a secondary meaning, but I am using the word to mean what you get from actually working.

If you get money without working for it, from any kind of investment, you are part of the capitalist system, getting money off the back of other people's labour.
Which to my mind is immoral.

Show quote history

So you don't agree with pensions as a concept either? If pension funds weren't able to invest the money we pay into them to 'earn' money then we would all be absolutely screwed in retirement. So is workers depend on this capitalist system too

StandingDeskDisco · 05/06/2026 11:52

coulditbeme2323 · 05/06/2026 11:50

So you don't agree with buying shares either?

Show quote history

No, but that is off-topic as we are specifically discussing private landlords here.

LuckyHazelFox · 05/06/2026 11:51

coulditbeme2323 · 05/06/2026 11:50

So you don't agree with buying shares either?

Show quote history

Shares are accumulated wealth built on an investment. Not sure of the correlation.

Itchthescratch · 05/06/2026 11:50

80% of BTL mortgages are held on an interest only basis. This is the norm. If you are renting a house it is unlikely that you are paying for your Landlord to own the asset.

Original poster

coulditbeme2323 · 05/06/2026 11:50

StandingDeskDisco · 05/06/2026 11:49

Humans 'earn', because they work. Money does not 'earn' because it does not work, it does not do labour.

Yes people talk about financial investments 'earning' interest, so the word has acquired a secondary meaning, but I am using the word to mean what you get from actually working.

If you get money without working for it, from any kind of investment, you are part of the capitalist system, getting money off the back of other people's labour.
Which to my mind is immoral.

Show quote history

So you don't agree with buying shares either?

OP posts:

StandingDeskDisco · 05/06/2026 11:49

LuckyHazelFox · 05/06/2026 11:44

It's their property, paid for by their money of course it's earning rent. Any jobs done whether by the landlord or subbed is payable and recouped back in rent. This reminds me of the envy around private schools. It's not immoral to own and rent out a property. A touch of communism is being applied by the looks of it. How very dare private landlords not share their wealth.

Show quote history

Humans 'earn', because they work. Money does not 'earn' because it does not work, it does not do labour.

Yes people talk about financial investments 'earning' interest, so the word has acquired a secondary meaning, but I am using the word to mean what you get from actually working.

If you get money without working for it, from any kind of investment, you are part of the capitalist system, getting money off the back of other people's labour.
Which to my mind is immoral.

caringcarer · 05/06/2026 11:48

MyKindHiker · 04/06/2026 16:26

It's the self pitying whinging and massive organized pushback on any kind of tenants rights including being forced to put in place basic standards for safe housing.

I actually am a landlord and am regularly appalled by other landlords. My property I rent is kept to the most lovely standards, I'd be happy to live there myself. But guess what, I don't expect to make an income off it - it just washes its own face and lucky me at the end of the mortgage term I have an asset that's paid for.

I think the expectations of landlords that with the cost of living situation they should be able to make a big profit off the monthly rent is totally unrealistic.

I make a monthly profit from my portfolio but they are interest only except for 1 house. I won't ever own the houses. I can however sell them to release equity.

Phineyj · 05/06/2026 11:47

StandingDeskDisco · 05/06/2026 11:44

Why zero of course.

Show quote history

Your world sounds nice.

Original poster

coulditbeme2323 · 05/06/2026 11:47

ChaosAD · 05/06/2026 11:45

I am a landlord, albeit a one property one.
The mortgage on my rental property is interest only.
I make no profit now. The profit I made in previous years was ploughed back into the rental property.
During Covid I paused the rent, despite still having to pay the mortgage.
Repairs are done immediately.
My tenants choose what decor they want, carpets, kitchen doors etc. and I pay. They've had two new cookers which they chose themselves.
I reduced the rent when they were struggling - I didn't increase it for years and when I did it was by £20 per month.
I haven't hassled them when they've paid late. When they've missed a month they paid it back in stages.
I would be much better off if I sold the house but it's their home so I won't sell.

Yeah, I suck don't I?

(I appreciate I might not be what posters slagging off landlords are referring to, but sweeping statements also suck)

Show quote history

You don't sound a very competent business person if I am being honest.

OP posts:

ChaosAD · 05/06/2026 11:45

TeaPot496 · 04/06/2026 16:10

Agreed. Whilst they earnestly insist they're "making no profit"

So that mortgage is interest-only is it? 🙄

Show quote history

I am a landlord, albeit a one property one.
The mortgage on my rental property is interest only.
I make no profit now. The profit I made in previous years was ploughed back into the rental property.
During Covid I paused the rent, despite still having to pay the mortgage.
Repairs are done immediately.
My tenants choose what decor they want, carpets, kitchen doors etc. and I pay. They've had two new cookers which they chose themselves.
I reduced the rent when they were struggling - I didn't increase it for years and when I did it was by £20 per month.
I haven't hassled them when they've paid late. When they've missed a month they paid it back in stages.
I would be much better off if I sold the house but it's their home so I won't sell.

Yeah, I suck don't I?

(I appreciate I might not be what posters slagging off landlords are referring to, but sweeping statements also suck)

Original poster

coulditbeme2323 · 05/06/2026 11:44

MrCollinsandhisboiledpotatoes · 05/06/2026 11:42

You've just run straight slap bang into the point and missed it anyway.

Show quote history

So are you going to answer?

OP posts:

LuckyHazelFox · 05/06/2026 11:44

StandingDeskDisco · 05/06/2026 11:39

In what way are landlords "earning" the rent. That is a serious misuse of the word 'earning'.
They do a bit of paperwork each year, make a few calls to tradespeople to deal with repairs, etc. If you have one or two properties it is hardly a full time job.

Yet the tenants are working full time to pay the rent (or claiming housing benefit from the state, so the money goes from the state to the landlord via the tenant).

Show quote history

It's their property, paid for by their money of course it's earning rent. Any jobs done whether by the landlord or subbed is payable and recouped back in rent. This reminds me of the envy around private schools. It's not immoral to own and rent out a property. A touch of communism is being applied by the looks of it. How very dare private landlords not share their wealth.

StandingDeskDisco · 05/06/2026 11:44

Phineyj · 05/06/2026 11:43

What is the debt to GDP ratio in this utopia please?!

Show quote history

Why zero of course.

Phineyj · 05/06/2026 11:43

StandingDeskDisco · 05/06/2026 11:42

There should be no criteria, in an ideal world. Everyone who wants to should be able to rent state housing.

Show quote history

What is the debt to GDP ratio in this utopia please?!

MrCollinsandhisboiledpotatoes · 05/06/2026 11:42

coulditbeme2323 · 05/06/2026 11:41

So why not become a home owner so you don't have to give "morally wrong" people your money?

Show quote history

You've just run straight slap bang into the point and missed it anyway.

Phineyj · 05/06/2026 11:42

Hah, I was going to post the same 😂

It's just like the debates about teaching. "Sooo many holidays". Yet so hard to recruit and retain.

StandingDeskDisco · 05/06/2026 11:42

Phineyj · 05/06/2026 11:40

There is no way she would meet criteria to be housed by the council in any realistic scenario. If she were local or in certain professions (she's not) then shared ownership schemes might be available I suppose.

Show quote history

There should be no criteria, in an ideal world. Everyone who wants to should be able to rent state housing.

Original poster

coulditbeme2323 · 05/06/2026 11:41

MrCollinsandhisboiledpotatoes · 05/06/2026 11:41

Because it's morally wrong.

Show quote history

So why not become a home owner so you don't have to give "morally wrong" people your money?

OP posts:

MrCollinsandhisboiledpotatoes · 05/06/2026 11:41

coulditbeme2323 · 05/06/2026 11:40

If it's so easy, why not become a LL yourself?

Show quote history

Because it's morally wrong.

Original poster

coulditbeme2323 · 05/06/2026 11:40

MrCollinsandhisboiledpotatoes · 05/06/2026 11:39

Don't be mean to the poor landlords. They work hard to earn that money. Mine had to make a phonecall to a plumber the other day from his armchair. He has to do that every single year, the poor love.

Show quote history

If it's so easy, why not become a LL yourself?

OP posts:

Original poster

coulditbeme2323 · 05/06/2026 11:40

StandingDeskDisco · 05/06/2026 11:39

In what way are landlords "earning" the rent. That is a serious misuse of the word 'earning'.
They do a bit of paperwork each year, make a few calls to tradespeople to deal with repairs, etc. If you have one or two properties it is hardly a full time job.

Yet the tenants are working full time to pay the rent (or claiming housing benefit from the state, so the money goes from the state to the landlord via the tenant).

Show quote history

Most LL I know don't want to touch benefit claimants.

OP posts:

Phineyj · 05/06/2026 11:40

StandingDeskDisco · 05/06/2026 11:11

She should be able to rent from the council, in an ideal world.

That is what is wrong with society: private landlords, private water companies, private electricity and gas, private railways, and on and on.
Profiteers and shareholders getting rich by owning essential services that should be provided by the state.

Show quote history

There is no way she would meet criteria to be housed by the council in any realistic scenario. If she were local or in certain professions (she's not) then shared ownership schemes might be available I suppose.