Most mom and pop landlords are far from rich. Unless of course, your definition of rich is that we, through working at a back breaking grueling blue collar job, get to eat everyday along with living in a house that we are rehabbing which has heat and running water
recent national statistic: average profit from a rental housing unit is 9% of monthly rent, after accounting for everything. So if rent is $2000 a month for a unit in a moderate to semi-expensive (sub)urban area, then the whole YEARS profit for the owner, for all the risk and effort they put in, is about $2160. Put another way, thats about $6 a DAY for providing a housing unit, along with being responsible for all the maintenance, and all the legal and natural risks involved, and ultimately being on the hook for all utlities, taxes, etc. So yeah, any Mom and Pop choosing to do this is in it for the long game, not a quick buck.
We have sold most of our rentals except two to our tenants who now are proud single family home owners. However the problem is that we are worried about our old age. Even though we have been saving money since we started working in our teens we still don't have enough money to retire. It keeps losing value every year and the stock market is a wild ride. We don't have pensions and our wages don't keep up with the cost of living. This year has been really bad. Costs are really starting to go up. We have a big garden which we try to eat from it as much as possible. We've put cold frames over the beds that my husband made from scrap lumber to try to extend the amount of food we can grow rather than buy.
So basically, its ok to define another group of people for them, as long as they are first caraicaturized, dehumanized and dismissed. This article is its own best argument in opposition.
My landlord is a lesbian woman. She hates the word because it's so obviously a patriarchal, cys-gendered term. Landlady is no better because, well, lady has certain implications of forced femininity. She prefers that I call her a housing provider, and I do, because I value her as a human being.
Pretty much the first time I met her. I said something like "I want to know if you plan to sell the house, because my last 2 landlords did that, and I've had to move twice in 2 1/2 years" and then I got an kind but stern education about her and her wife's feelings about the term.
Most mom and pop landlords are far from rich. Unless of course, your definition of rich is that we, through working at a back breaking grueling blue collar job, get to eat everyday along with living in a house that we are rehabbing which has heat and running water
damn that sucks, sounds like you should do something else since you don't like this job
recent national statistic: average profit from a rental housing unit is 9% of monthly rent, after accounting for everything. So if rent is $2000 a month for a unit in a moderate to semi-expensive (sub)urban area, then the whole YEARS profit for the owner, for all the risk and effort they put in, is about $2160. Put another way, thats about $6 a DAY for providing a housing unit, along with being responsible for all the maintenance, and all the legal and natural risks involved, and ultimately being on the hook for all utlities, taxes, etc. So yeah, any Mom and Pop choosing to do this is in it for the long game, not a quick buck.
Again, sounds bad. Don't be a landlord then.
We have sold most of our rentals except two to our tenants who now are proud single family home owners. However the problem is that we are worried about our old age. Even though we have been saving money since we started working in our teens we still don't have enough money to retire. It keeps losing value every year and the stock market is a wild ride. We don't have pensions and our wages don't keep up with the cost of living. This year has been really bad. Costs are really starting to go up. We have a big garden which we try to eat from it as much as possible. We've put cold frames over the beds that my husband made from scrap lumber to try to extend the amount of food we can grow rather than buy.
So basically, its ok to define another group of people for them, as long as they are first caraicaturized, dehumanized and dismissed. This article is its own best argument in opposition.
shut the fuck up, landlord
again, making my case for me. thanks.
waaaaaaah
:)
My landlord is a lesbian woman. She hates the word because it's so obviously a patriarchal, cys-gendered term. Landlady is no better because, well, lady has certain implications of forced femininity. She prefers that I call her a housing provider, and I do, because I value her as a human being.
that's amazing. when did you have this conversation?
Pretty much the first time I met her. I said something like "I want to know if you plan to sell the house, because my last 2 landlords did that, and I've had to move twice in 2 1/2 years" and then I got an kind but stern education about her and her wife's feelings about the term.