/biz/ - Business & Finance

[Anonymous No.50874144]

as a landlord it should be illegal to charge rent that exceeds 100% of your mortgage payment

[Anonymous No.50874161]

>>50874144
>no mortgage payments to make because your house is paid
Huh sorry but huh, you can't rent your house, look huh, you just can't!

[Anonymous No.50874162]

>>50874144
landing is just front running
it is parasitic
the only way to fix it is to forbid people/companies from owning multiple properties

eventually black rock will front run all real estate

[Anonymous No.50874182]

>>50874162
>you need to own several companies in order to have a small to medium sized business

[Anonymous No.50874183]

bravo and well said

[Anonymous No.50874195]

>>50874161
time to live in it or sell landykins

[Anonymous No.50874201]

>>50874182
good biz mind
but in the end that is the only solution
the other solution is to cease the means landing

[Anonymous No.50874203]

>>50874144
Stupid and gay bait.

[Anonymous No.50874205]

>>50874162
goyim are so demoralized that they will instantly and reflexively claim that companies like blackrock will find loopholes and there's truly nothing we can do about it, so they might as well just take it lying down.

[Anonymous No.50874239]

>>50874144
wrong, retard. rentoids present a whole series of risks that landlords bravely accept with their six-figure capital and excellent credit.
it is required that you compensate the landlord an appropriate amount for him to take those risks.

[Anonymous No.50874257]

>>50874205
black rock has infinite credit rating and infinite collateral
they can take on infinite loans and buy everything

the market will hypoerinflate and they will stop , but that will result in perma inflation that will make the property unusable for its purpose

[Anonymous No.50874269]

>>50874239
small fish landies will be bullied out of the market don't worry

[Anonymous No.50874273]

>>50874162
>credit score: 540
>>50874183
>credit score: 630
>>50874195
>credit score: 480
>>50874205
>credit score: 410
hahahahaaaaah

[Anonymous No.50874277]

>>50874144

[Anonymous No.50874294]

>>50874273
I have multiple properties and I am actively renting too
also 840+ for sure

[Anonymous No.50874298]

>>50874269
that's fine though. in fact, that's important -- they are unable to correctly calculate a risk-adjusted return and charge an appropriate premium in the rent? seeya!
capitalism fucking rules, quit bitching and just join us
>t. shareholder in amazon's landlord

[Anonymous No.50874299]

>>50874273
>bragging about goyscore
i also make more money than you. keep sucking jewish cock, nigger retard.

[Anonymous No.50874308]

>>50874294
well in that case you should just not call yourself a parasite, because you aren't on their side, and they won't give you good boy points for it.

[Anonymous No.50874322]

>>50874273
also
>bragging about transunion/equifax (creditkarma.com)
tell me you're poor and unsophisticated without telling me you're poor and unsophisticated

[Anonymous No.50874328]

>>50874277
Holy cope.

[Anonymous No.50874330]

>>50874299
with language like that, nah probably not, but what difference does it make? if you two aren't actually defending rentoids, fine, but it sure sounds like it.

[Anonymous No.50874336]

Bullshit. Rental prices should never go below 100% of the landlord's monthly personal expenses

Rental cucks should be forced to sell their bodies and souls to landlords in order to offset their monthly payments.

[Anonymous No.50874347]

>>50874322
my house and three cars are paid off and my credit's frozen, larper, i'm not handing out anything else at the drop of a hat beyond CK
she's not gonna fuck you, bro

[Anonymous No.50874356]

>>50874330
>that mentally retarded poorfag who leveraged himself 95% LTV on a $125k duplex in flyoverville, oklahoma and fancies himself as some sort of budding real estate mogul

[Anonymous No.50874378]

>>50874347
i didn't ask for your life story, you devastatingly poor faggot.

[Anonymous No.50874384]

>>50874308
you are a parasite when you take away people ability to live, just because you have more credit availability
aka you are a good goyim cattle serving satan

[Anonymous No.50874493]

>>50874201
Georgism exists.
https://www.youtube.com/watch?v=6c5xjlmLfAw
>>50874195
I live in my house and rent the attic to people.

[Anonymous No.50874622]

>>50874273
is this supposed to be impressive?

[Anonymous No.50874640]

>>50874328
The cope is yours, landcuck.

[Anonymous No.50874665]

>>50874640
i kneel

[Anonymous No.50874672]

>>50874203
i think it seems pretty sensible and is a win/win for all parties involved

[Anonymous No.50874686]

>>50874277
why are you rentoids eating the planet??

[Anonymous No.50874744]

>>50874144
> as a business owner it should be illegal to charge prices that exceed 100% of your material and labor costs

[Anonymous No.50875021]

>>50874161
remortgage your house ever few years and buy crypto / metal of your choice....
never stop winning

[Anonymous No.50875044]

>>50874144
If you don't have a mortgage is the rent free?

[Anonymous No.50875315]

>>50874744
you aren't a business owner, you aren't producing anything

[Anonymous No.50875357]

>>50874622
this nigger can basically 125x leverage anything he wants to in life. but it's not rare so not really impressive.

[Anonymous No.50875373]

>>50875315
lol you are providing a service. You think houses just magically sprout from the ground?
Buying a house and renting it for a profit is no different that buying a jet ski and renting it for a profit.

[Anonymous No.50875414]

>>50875357
i have an 800+ credit score and haven't done anything but pay my bills on time its meaningless

[Anonymous No.50875450]

>>50875373
you aren't building houses and selling them, you're buying houses and renting them for more than they're worth, how is that a service?

[Anonymous No.50875490]

>>50875450
Does a hotel provide a service?

[Anonymous No.50875498]

>>50874144
Thanks, I just sold 500 homes. Now the rentoids have to move out and pay 50-100% more. But that’s not my problem. Eat shit, commies.

[Anonymous No.50875512]

>>50875490
Is fucking the maids a service? Op says no.

[Anonymous No.50875530]

>>50875512
In Thailand it's included in the bill

[Anonymous No.50875608]

>>50875490
lol the dishonesty is amazing but not unexpected - tell me in your own words landy, what service are you providing?

[Anonymous No.50875691]

>>50874144
It should be illegal to tell what other people should do unless they initiate violence against someone.

[Anonymous No.50875748]

>>50875691
cute larp

[Anonymous No.50875754]

>>50875608
What would YOU can a hotel that provides customers a room to stay at in exchange for money?

[Anonymous No.50875761]

>>50875691
go spend 15 minutes reading about the devastation caused by leaded gasoline and then see if you still think the same

[Anonymous No.50875769]

>>50875691
rent-seeking behavior is fundamentally violent.

[Anonymous No.50875771]

>>50875754
>can
*call

[Anonymous No.50875797]

>>50874239
>trustfund leeches are the real heroes
kek

[Anonymous No.50875814]

>>50875761
Go read about asbestos, food pyramid and a hundred other government blunders that caused millions of death and destroyed trillions of wealth.
>>50875769
> because... because it just is okay

[Anonymous No.50875815]

>>50875754
the tourism industry?

[Anonymous No.50875867]

>>50875815
care to try again?

[Anonymous No.50875902]

>>50875867
hospitality?

[Anonymous No.50875904]

>>50875814
it's clear on a visceral, intuitive level

[Anonymous No.50875916]

>>50874273
based landchad

[Anonymous No.50875923]

>>50874299
Hey guys this is my rentoid sorry I'll double his tip

[Anonymous No.50875937]

>>50875902
hospitality: the activity or business of providing services to guests in hotels, restaurants,

[Anonymous No.50875945]

>>50875814
>asbestos
not sure what specifically about asbestos you're referring to but government regulation has mostly removed it from use now at least in the first world
>food pyramid
again not sure what you mean here and again scale of destruction nowhere near lead gas
>government blunders
surprise government is full of people and can make mistakes all the same. Doesn't mean we should live in some corporate dystopia

[Anonymous No.50875960]

>>50874273
I don't have a credit score because I don't live in Goymerica. I routinely pay off my bills late and I still got a 30 year fixed mortgage rate below 2%. Jelly?

[Anonymous No.50875974]

>>50875937
yes landy, what service are you providing?

[Anonymous No.50875992]

>>50874161
This.
OP is obviously a stupid child.
All this would do is create a massive ponzi collapse like what is going on in China, as landlords would be incentivised to carry large mortgages. Everyone would just have to keep refinancing and pulling money out of their homes to rent them out. It would incentivise massive inflation, and would do nothing to solve OPs problem of being a broke faggot.

[Anonymous No.50876032]

>>50875974
A sleeping and living location and contained enclosure for customers while paying taxes and maintenance costs on my asset.

[Anonymous No.50876047]

>>50875974
Rent is a necessary industry. Collage kids and people who travel for buisness, or people who just like to travel a lot WANT and NEED to rent. I agree, the current market is skewed, and in a perfect world, more people who want to own, need to be able to. But landlords and rent are not inherently evil. What's evil is the fed and government intervention which is causing all the inflation. Why don't you antifa shills every go after the rich democrats that created this mess in the first place?

[Anonymous No.50876096]

>>50875754
A hotel provides an almost no commitment short term place to stay temporarily that can come with extras, all of this reflected in the price
A landlord renting out floors in an apartment provides a less-commitment place to stay for people who haven't made up their mind or just can't get approved for a mortgage (poor or just too young)
A landlord renting out a house though provides absolutely nothing

there's nothing wrong with the 2nd one it's necessary for the current "utopia" idea of cities where everything can be reached by public transport
but the 3rd group is just scammers providing nothing

[Anonymous No.50876126]

>>50875814
The government banned asbestos, a privately produced material, you fucking brainlet. Go take your sub 50 IQ opinions elsewhere

[Anonymous No.50876140]

what if you don't have a mortgage? Then I can take any price?

[Anonymous No.50876143]

>>50876032
you yourself haven't provided any of that, at least be honest about what you do

[Anonymous No.50876146]

As a rentoid it should be illegal to exist
>T. Landchad that would go bankrupt and lose almost everything so long as rentoids suffer more

[Anonymous No.50876172]

>>50874144
You commie faggots are some retarded motherfuckers.

[Anonymous No.50876211]

>>50876172
>it's not enough that someone else is paying down the debt and interest on my asset i am entitled to a gigantic profit

[Anonymous No.50876330]

>>50876096
so much rationalization and mental hoop jumping it's hard to put into words
The time you stay at a place is not the key distinction here - some people live for years at a hotel, some people rent a summer house, or rent for 3 months and then move etc

You have concocted an elaborate story in your head to justify in your mind why there is something more "evil" about renting a house you own than owning an apartment or hotel or car rental or jet-ski business. They all give you access and use to something you want, and make a profit between their asset costs and their rental prices.

There is nothing "scammy" about forking over the money to buy an asset like a house and then charging rent. It's money that I spent to acquire a tangible asset created by the labor of another, just like every other assembled product ever created.
If you lie and mispresent yourself as an owner to something you don't actually own and take money for it, that's a scam.

[Anonymous No.50876581]

>>50876330
running a hotel is a service, jewing your way into profit through real estate speculation is not

[Anonymous No.50876589]

>>50874144
Only true solution is a society based on georgism, taxing the productivity of individuals instead of land which was made by no man is just another form of subjugation.

[Anonymous No.50876662]

>>50876581
such massive cope
so predictable

Hotel owners take loans to buy properties
Many landlords outright own their properties
Many faggots on 4Chan cant accept the fact they are losers and their "arguments" are just excuses for them being lazy fucks

[Anonymous No.50876706]

>>50874144
Ha ha very funny joke rentoid.
Now pay up, rent is due.

[Anonymous No.50876726]

>>50876589
if you want to live in a tent on a wild field, sounds like a great plan
Others prefer to live in structures, and prefer to not build those structures for others out of the goodness of their hearts.
Don't you want to live in a house anon? Where do house come from?

[Anonymous No.50876727]

>>50876662
its not even remotely the same thing, you're being dishonest

[Anonymous No.50876758]

>>50876726
you're not a homebuilder you're a guy who bought a property and just wants a guaranteed profit without having to do anything, its ok to admit this, you aren't doing anyone a service

[Anonymous No.50876885]

>>50876758
The "service" is maintenance of the property. You can argue that this is not a lot, but it is a service, and sometimes it's more significant than others.
But service is not the only industry. Why are you so focused on service?

In line with your thinking. One thing I would actually support is an increase to property tax, with an equal decrease to income tax. This would increase incentive for people to be productive, and reduce the incentive for people to horde land.

The democrats will never do this, because they are slave owners, and they own all the land, and hate the middle working class.

If you antifa shills had any balls, you would actually go after the slave masters, instead of bothering the middle class all the time.

[Anonymous No.50877052]

>>50874640
holy moly that’s literally twice the money i male working full time as a teacher. you must live in california

[Anonymous No.50877057]

>>50876885
>The "service" is maintenance of the property
which is contracted out to someone else and charged at a premium to the tenant
>why are you so focused on service
other guy claimed to be providing a service by being a landy
>blah blah antifa democrats
im the furthest from either of these

i dont even think what im suggesting is that extreme, the debt and interest in this scenario is being entirely paid off by someone else without you having to do anything, but thats still not enough

[Anonymous No.50877242]

>>50877057
>which is contracted out
Every service in the world is contracted out. Why don't you start a thread about anyone who owns any company. You thing elon is out there swinging a hammer. Why does antifa hate the middle class. Go attack the 1% like you did with occupybwallstreet, and people will support you again. Stop worrying about some old retired boomer with a rental property. It's retarded.
>im the furthest from either of these
Bullshit. You're hating on small time land owners and suggesting that some corporation that owns a hotel should have access to all the land. So now you will just force everyone to create fake services to rent out their property.
>oh, sorry, rent is double, because you need to pay for the daily housekeeper to come through your house every day. Sorry that rent is double now Anon, I'm just following the law. Unless I provide this "service", big daddy government won't let you live here.

If you want to lower land value, go after the government that keeps regulating to the point that its impossible to build new homes. Do you realize it costs like 40k and 9 months in extra bullshit just for permits in CA. It has nothing to do with some old boomer landlord, and everything to do with the government fucking everything up with un needed regulations and rules. So your solution is to create more rules. This is what antifa wants. They want big daddy government to save them from the evil middle class. That is you.

[Anonymous No.50877300]

>>50876885
>The "service" is maintenance of the property.
wrong, that service is paid for by your tenants. you aren't creating wealth. you aren't providing value. the monthly payment from your tenants is the "rent" in "rent seeking."

[Anonymous No.50877337]

>>50877057
Based

[afatoldman No.50877339]

>>50874144
That's not how property rights work.

[Anonymous No.50877419]

>>50877300
It maintains values. Look up entropy. Houses don't just exist. Yes, the tenant pays for it, just like anyone pays for any service. If you go maintain your car, you pay someone to change the oil. They don't do it for free. When you maintain your health, you pay a Dr. He doesn't give you a new arm, but he will fix it if it breaks. That is a service. The Dr doesn't do it for free. You stupid antifa shills are all slaves. Why don't you go after the slave masters, instead of bothering some old boomer with a rental property.

[Anonymous No.50877481]

>>50877419
entropy is an irrelevant metaphor. you can't even defend your position with retarded handwaving arguments.

>antifa shills
why do i feel like i'm talking to an unmedicated schizophrenic retard who is incapable of expressing any independent thought or forming any sort of critical analysis. oh wait, i am, as you parrot fringe media tropes and thoughtlessly repeat other nonsense.

[Anonymous No.50877567]

>>50877481
You didn't address any of points. You just gave up and changed the subject. This is what liberals do all the time. As soon as you are proven wrong, you change the subject. Pretty sad. Again, stop going after some sad old boomer with a rental property, and focus on the real problems, like governments fucking things up with stupid laws. The whole point of the OP is that we need some retarded law to save us from some old boomer with a rental property. This is just retarded, and you are defending it, because you support big daddy government, and you want more slavery. Wake up faggot.

[Anonymous No.50877590]

>>50877242
>>50877419
"providing maintenance" on a property so it fulfills the terms of a legal agreement is not a service its an obligation. as for the rest of the boomer antifa nonsense you're spewing i can assure you i would be considered more right wing than polite company would be comfortable with, not that any of this matters to the discussion

[Anonymous No.50877675]

>>50877590
>I'm right wing. Let's create some retarded law that limits my freedom.
Cool story Ivan. Why not just make a law that says every Ivan gets a free house. The government isn't going to solve your problems for you kid. They are just going to make things worse. You're not smart enough to navigate the existing laws, what makes you think you will profit from more laws being created? Learn to swim

[Anonymous No.50877815]

>>50877675
the only thing i can assume from your posts is that you're a ratfaced boomer kike who has skills or any other avenue to create value beyond amassing giant amounts of debt, passing it onto someone else and feeling entitled to a profit for the pleasure

[Anonymous No.50877829]

>>50877815
*no skills

[Anonymous No.50878012]

>>50877815
>ratfaced boomer kike
And the solution to some random person on 4chan being a rat faced boomer kike, is to create more laws that limit everyone's freedom? Cool story Ivan. Your OP is still retarded, regardless of this fantasy you just invented about me.

[Anonymous No.50878154]

>>50878012
>muh freedom
what a joke

[Anonymous No.50878270]

>>50878154
>Muh slavery
Cool slogan Ivan.

[Anonymous No.50878588]

itt: people larping as landlords and defending them so they can pretend to be rich
if it wasn't obvious that this board is full of teenagers with 600 dollar crypto portfolios then i don't know what to tell you

[Anonymous No.50878623]

What if we had less non-whites so housing wasn't so scarce?

[Anonymous No.50878648]

>>50874144
Enough with the antisemitism.

[Anonymous No.50878969]

>>50874144
Spoiler alert landless renter: it costs more than a mortgage payment to own a home.

[Anonymous No.50879293]

>>50878969
you can pay that out of pocket while someone is paying your debt down for you, a good deal for everyone involved

[Anonymous No.50879496]

>>50874144
>Basedcal votes in property tax freeze
>including for landlords
Fucking niggers, just give owner occupiers a tax rebate of 50% and make owning cheaper than renting. This would kill the landleech but that is why it will never happen.

[Anonymous No.50879706]

>>50874144
I dont care what the rent to mortgage ratio is as long as the price is fair. I have to stay in some absolutely whack places for work and would never want to own anywhere ive stayed in the last 10 years. I have my six figures in stocks and crypto and they have their boomer real estate investments, to each their own.

[Anonymous No.50880242]

>>50876662
Hotelchads are far beyond the landchud

[Anonymous No.50881971]

>>50880242
not even in the same universe despite what airbnb cucks would have people believe

[Anonymous No.50882253]

>>50874273
Almost there buddy

[Anonymous No.50882662]

>>50874144
>as a landlord it should be illegal to charge rent that exceeds 100% of your mortgage payment
So I should be paying taxes, maintenance, vacancies, fees, insurance out of my own pocket? That's an insane take, in most instances you'd end up running a loss, essentially paying your tenants.

>>50875608
>>50875974
>what service are you providing?
Housing for people who cannot afford a down payment or do not want to go through all the bullshit red tape and fees that come with buying a place or who intend to only stay temporarily (divorce, temporary job, intended upgrade, waiting for a good opportunity to buy themselves, etc). Worry-free accomodation they don't have to care about (wear and tear is insanely higher than in my private residence leading me to believe tenants on average don't give a fuck about rented places and just run them down). Organizing maintenance and repairs. Finding tenants that fit the building and resolving conflicts between them. Plus you provide services to others: Sholdering the risk for the bank (mortgage is payable even if your tenant loses his job, stops paying rent or fucks your place up), dealing with HOA, dealing with the city (building codes, fire safety, etc), dealing with tax authorities.

>>50877590
>"providing maintenance" on a property so it fulfills the terms of a legal agreement is not a service its an obligation.
Service means service, not charity. The fire department is still providing a service when they put out your house, despite them being obligated to do so. Most services are done on a contractual basis. We live in a goddamn service economy (consulting, legal representation, advertising, SAAS, health care, telco, etc, etc), how have you missed that? The tertiary sector accounts for ~80% of the US' GDP, producing industries and agriculture for the remainder. Wake up, grandpa, it's the future.

>>50876047
Good take.

[Anonymous No.50882741]

>>50882662
>That's an insane take, in most instances you'd end up running a loss, essentially paying your tenants.

what? you come out of the other side having someone paid for your house plus interest... which you now own

[Anonymous No.50882743]

>>50874144
>landlords should have to be my slave and do maintenance on my house for free like an irl jannie

[Anonymous No.50882794]

>>50882743
you're literally getting a free house out of the deal

[Anonymous No.50883054]

>>50882741
So far I've bought two apartments in cash. So I should just not be allowed to charge rent at all and instead pay people to live there? Or better yet let them stay vacant, so nobody gets to live there and it drives up rent because I decrease the supply?
I don't have a mortgage on those properties and most landlords don't (bought in cash, inherited, already paid off, etc). Make the cap actual costs plus a low % of value. Why tie it to mortgages? That's just insane.

>you come out of the other side having someone paid for your house plus interest... which you now own
And now what? I'm a landlord. I'll never sell because that would shut down my business. I don't care about value tied down in the properties, those are paper gains which I plan to never realize. Even if the housing market crashes I still wouldn't care. I want running profits from providing people with a service. Owning the tools of your trade is merely a means to an end, not the end goal.

[Anonymous No.50884519]

>>50883054
just live in the house and get a real job you dumb faggot

[Anonymous No.50884910]

>>50883054
just turn your brain off bro

[Anonymous No.50884950]

>>50874144
rent is set by supply and demand and landlords will charge what the market can bear, they're price takers.

[Anonymous No.50884998]

>>50884950
>the market isn't completely distorted at all

[Anonymous No.50885138]

>>50884998
yes and i'm renting to finance majors on 25th street, those monkeys crunching numbers at the bank can afford the lease payment

[Anonymous No.50885691]

>>50874144
> renting a car should be free because you give the car back after

[Anonymous No.50885882]

>>50874205
A final solution is what is needed