this post was submitted on 09 Jan 2024
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[–] [email protected] 44 points 9 months ago (25 children)

There's a lot to unpack out of this reddit moment.

If we want people to take us seriously about advocating for reform in this housing crisis, this ain't it. Stripping nuance out of the conversation isn't helping the cause, it just makes us look uninformed.

Yes, the vast majority of landlords charge too much and do to little. But claiming that no work is required to be landlord does two things:

  1. It absolves the landlord of the responsibility to maintain the property

  2. It diminishes the scope of the work required to provide people with affordable housing and doesn't set clear goals to accomplish

There is a rule of thumb called the unrecoverable costs to owning which is typically 5% of the property's value. This goes towards plumbing, electrical work, landscaping, HVAC repairs, roof work, pest control, interior upkeep, and much more. The reality is that a property doesn't take care of it self and someone has to.

Yes, the system is broken, rent is unaffordable, and home owner is neigh impossible these days. What we need is regulation on the housing market, getting rid of speculators, reform zoning laws for high density housing, public transit and good urban planning, more subsidized and public housing, etc.

Even when you have all of that you will still need landlords, just not the kind that we have today. Because for housing to exist there is an inherent risk that somebody has to carry to guarantee the mortgage is paid for and that it will not go up in flames.