this post was submitted on 01 Apr 2024
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To everyone who hates the concepts of landlords and rent, what counts as being a landlord? (sopuli.xyz)
submitted 7 months ago by tkk13909@sopuli.xyz to c/asklemmy@lemmy.ml
302 comments fedilink hide all child comments
 

Does having an AirBNB setup make someone deserving of the guillotine or does that only apply to owners of multiple houses? What about apartments?

Please explain your reasoning as well.

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[โ€“] emergencyfood@sh.itjust.works 1 points 7 months ago (1 children)

The rent I receive doesn't even cover the cost of the apartment. I'm losing money on it every year. So I'm subsidising someone's housing.

The third statement might be true, but it does not follow from the first two. Are the two houses of equal size? Are they in equally desirable locations? Also, is the market price of the house you are renting out increasing? You need to account for these.

[โ€“] DavidDoesLemmy@aussie.zone 2 points 7 months ago (1 children)

Sorry, maybe I wasn't clear. I meant the rent I receive from my tenant doesn't cover the interest on the loan for that place. I don't own the apartment outright. I have a mortgage with a bank. That bank charges me interest on the loan. There are also other costs of owning.