Viewing a single comment thread. View all comments

blondiebell OP t1_j5usmt5 wrote

Reply to comment by pghhotfire in New tenants are getting screwed by blondiebell

If you're willing to dive further, I'm curious what your personal justifications are for your position. What has brought you to your current opinions on the matter of for profit housing?

0

pghhotfire t1_j5uvyo4 wrote

Two things can be right. I don’t know how affordable/subsidized housing works. And the gentrification of neighborhoods often has me wondering, literally, what happened to all those people. And I believe there should be infrastructure in place for access to housing. With that out of the way, real estate is an investment (as well as a place to live if your investment is your house.) and any investment has risks and rewards. I plan on selling my house in a few years. So between now and then I have list of upgrades and improvements I want to make to maximize my return on that investment. Which is moral. And responsible for my family. In the case of your landlord, maybe they are in the same position. They took a substantial risk in investing in that property and now or trying to maximize that return…also moral; also responsible.

1

blondiebell OP t1_j5v1ca8 wrote

To an extent I can see how you came to your conclusions. My question would then be how do you feel about this happening in other industries?

We're seeing this all around right now, but let's use the example of electric/power. You have to have it in your home and for most places there is only one option for provider DLC. If you found out your electric bill went up $200 because the power company in Cleveland started charging more to their customers would you be upset?

3