Now eliminating mortgages, banks, cheap money, tax advantages and everything to supposedly help people buy would really lower the price of homes.
The mortgage provider has a lien on the property until the loan is paid. They can take back ownership at anytime the borrower becomes delinquent. Can you be ant landlordism and pro mortgage?
I am probably asking for too many clarifications. If anyone has good reading material that would be great.
Youâre still conveniently forgetting about the costs of having a property manager. Many landlords who self-manage do so because property managers earn 10% of gross rents and rarely care as much as the owner about the property itself.
If the State owns the property, then the State will need to pay these costs. So rather than a landlord making money youâll just have property managers (who hopefully arenât lazy and corrupt) making the money.
And Iâll LOL in advance if youâre going to suggest that any rental property with more than a handful of unrelated families could still just âcooperatively manage it themselves.â
Iâm not discussing escaping from Landlordism. Everyone canât escape. Why would I want to leave my FWs behind like that? No, Iâm discussing overthrowing Landlordism.
Landlordism fails without effective evictions. Evictions only were effective before the pandemic because they are almost never contested. That, and letâs remember the fact that evictions are a heavily subsidized government âserviceâ.
An organized effort to fully contest and use non-violent direct action to resist evictions would stop Landlordism cold. This strategy is, in general, called âjam the jailsâ.
In the US, counties generally provide this âserviceâ, and it is typically funded by a combination of sales and property taxes. How many months can a typical county level US court remain solvent when almost every eviction case is being fully contested? How many months can a typical US sheriffâs office remain solvent having to send the riot squad out to almost all evictions? If the sheriff tries mass arrests, and the activists react with a jail solidarity campaign, how long can most county jails handle a ever expanding population?
If they try to pass those costs onto other taxpayers, how popular would be say doubling the sales tax, or tripling the property taxes, to fund a violent and brutal campaign of throwing families and their belongings out into the streets and reducing them to homelessness really be?
They do if they can outbid people looking to buy the homes as homes, so that they can acquire them as a going concern. Whole lot of vulture funds buying up entire blocks of apartments here, donât think even PMC dinkies can compete.
This comes down to regulation and will vary by jurisdiction, but once youâre a few years into the mortgage it becomes much more complex and in all cases is very different from a simple non-compliance eviction.
Iâm more ânot addressing it as itâs completely irrelevantâ than âforgettingâ. Still gonna need plumbers when the pipes burst, hate to shake you up but landlords arenât necessary for that, either.
Things vary from place to place I guess. Here in CA there is way way more of a problem with condo development (residents âownâ their apartment) and people converting rentals to condos.
And again, here in CA anyway, rentals lower the surrounding prices for homes.
Walk me through exactly what would happen in a low income, 20 unit building without a paid manager when the 15 year old roof begins leaking into 2 of the apartments.
I donât know anything about condo systems, doesnât really exist here, I donât think.
Walk me through how they came to be occupying this property with no system in place to address repairs and upkeep.
LOLâŚitâs your hypothetical Dude. You just said that someone will call for a repairman. Who will that person be who makes the call, who pays the salary of the person who tries to find a contractor, and how will this capital expense for a new roof be paid for?
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They usually look like apartments, but you own the unit. All the unit owners own a share of common areas. Thereâs an association for managing common areas.
And when unit owners ignore the association there better be a heavily subsidized remedy ready to step in under the threat of violence to enforce those agreements. Same as rental agreements.
You couldâve just stopped here.
I mean, you know the answer. If itâs public housing, a government representative handles it. If itâs a cooperative, the maintenance committee handles it. If itâs a condo, the home owners association handles it.
Youâre the one whoâs positing a world without landlords where nobody knows how to call a plumber. A fanciful hypothetical, and one that you introduced. Rack-rent realism here. Easier to imagine the end of the world than to imagine not having a landlord lmfao.
You just said that someone will call for a repairman. Who will that person be who makes the call, who pays the salary of the person who tries to find a contractor, and how will this capital expense for a new roof be paid for?
Homeowners already form associations. Iâve never belonged to one, but it doesnât seem like an insurmountable challenge.
Tell me more about the innate anti-semitism of objecting to credit default swaps.
Fucking spit out my drink
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I agree about public housing, but some posters are willfully ignoring that a government official will still be getting paid to perform this work, and likely will care even less than a landlord who owns the property.
And condos are not comparable to tenant cooperatives, since in the latter tenants can just leave if they donât want to deal with whatever unexpected maintenance are arising.
Fuck you.
Iâm not the poster who initially brought up the anti-Semitism issue.
P. S. I see enough anti-Semitic shit on Facebook from the cowardly Staten Island cops and firefighters I went to school with. Im not going to let similar comments slide by here.
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If you hoped to have people maintain the property well, the tenants would have to be very secure in their rights to the property. Essentially they would have to own the property - an owner cooperative.
But why is abolishing landlords necessary? According to you, these landlords are extracting undeserved, usurious profits month after month. So worker housing cooperatives should be able to cut out the middle man and provide the exact same housing for much, much less. Why hasnât this happened?