Why so much hate for Landlords on MN?

[coulditbeme2323]

Who do LL's get so much hate on MN?

It seems so much more hate than there is any real life.

😆 🤣 this thread reminds me of the scene in Dr Zchivago where rich people's houses were taken over by commies.

It costs the LL more as they have to put down a minimum of 25 percent deposit.

Unless you're a slug, of course.

OMG, is nothing sacred!

Gosh, I hope he's never rented out a property. He did use to travel a lot...

Food is not economically scarce, and there is huge competition in the market.
If Tesco were making profits in a situation of scarcity, such as war-time rationing, that would be wrong.

Housing is scarce.

Landlords hate hedgehogs then 😝

I have no problem with people working to make money.

Just as well I don't see it as a business then.

How dare you. Sir Dave would never.

I don't agree with that either.

Just become a home owner. Of course! Why did they not think of that? It's so obvious when you put it that way.

They are so generous with their wisdom

Why don't they... Just get a job? Then they wouldn't have to get other people to earn their money for them.

I have explained in a previous post all the work we do.

Landlords need to buy insurance, safety checks and certificates, maintain heating and water supplies, pay mortgage or other fees, advertise rental, legally contract, arrange check in/check out etc etc

A lot can be outsourced to letting/management agents but at a cost, not all can be. landlords don’t sit idle - there is work

edited to add that there is more work when a tenancy goes wrong, such as non payment of rent, damage caused, both happen.

No you haven't. You said there was no point telling anyone because they wouldn't believe you.

That's not why it costs them more.

Clearly!

People want to work smarter.

I have a job!

Why do you think landlords don't have jobs? Genuine question.

I have, but I will copy and paste for your beneift.

I disagree being a LL is unearned income. I suppose if it's fully managed there is an argument it is.
But what both myself and my husband do.

1. Make sure gas and electric certificates are up to date.
2. Carry out minor repairs.
3. Book and instruct tradespeople.
4. Attend AGM's and quite often sit on the board.
5. Deal with debt enforcement agencies.
6. Transport furniture from one property to another dependent on tenant's requests.

That's not unearned.

Fair enough, but it is reality.

Your ridiculous views are dangerous. The UK is already on the verge of bankruptcy thanks to RR and her astronomical borrowing. The answer would be for social housing to charge a bit more so that they could use the profit to build more houses but they can't because they are not for profit. So we are left with some people getting massively subsided housing and others paying full market rents.

But apparently its "easy" when the Landlords do it?

Oh you don’t understand supply and demand 🫣 it has nothing to do with how much someone pays to supply, and everything to do with how much a person is willing to pay.

The rental market is fair, one of the fairest markets there can be, because ultimately there is no one supplier who can control it, people have a choice. You pay what you are willing to pay, and that determines where you get to live.

Also, I’m not a landlord really…but I do have a second property that I rent to my in-laws at cost. It wipes its face on income vs expenditure, and I’ve only raised rent once in 12 (I think) years. They get housing that is about 2/3 of market rate (115 a week) and I get my mortgage paid so I have an asset and my net worth increases. More people should do this for family.