• mke_geek@lemm.ee
      26·
      10 months ago

      It’s not exploitation because people have a choice of where to live. There’s hundreds of rentals in any given area and millions of rentals across the country. There’s not just one place for people to live. There’s also the option of living with family or friends.

        • theFibonacciEffect@feddit.de
          1·
          10 months ago

          This is simply because renting prices are effectively almost exclusively profits for the owner of the rented space.

          I don’t think that’s true in all cases. If you think about the price of properties and know how much a credit costs. Properties in cities easily cost a million dollars so with 3% interest that’s 30 000$ a year you have to get just to pay interest on your loan.

        • mke_geek@lemm.ee
          21·
          10 months ago

          Being a landlord is a job. There’s no exploitation with renting out properties. People expect to get paid for their job. This is an extremely simple concept. I can’t fathom why you’re not understanding. Maybe I need to make it even simpler?

          • Landlord = self employed
          • Self employed = Charges for services rendered
          • Rent = Payment in exchange for services

          renting prices are effectively almost exclusively profits for the owner of the rented space

          This isn’t even true either.

            • mke_geek@lemm.ee
              1·
              10 months ago

              Because society agrees it is.

              Because we’re using very basic factual definitions.

              Job = performing work

              explain the logical holes in your ideas

              There are no logical holes in my ideas. I’m explaining basic facts.