this post was submitted on 13 Sep 2024
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They're describing a job in that scenario too lol.
Yes, people lose their shit once they stop doing their job lol. Landlords in their version are effectively building mechanics and paper pushers keeping their property above board so people can live in it. Most of them I knew all had jobs outside of it too because it doesn't pay the bills lol.
Yes, it would be phenomenal if they dropped all their extra money into the stock market like your average person but they diversified or put it into equity instead since they didn't trust stock or had houses willed to them.
I get when people talk about slumlords, or giant corpos. But I've had to quote it before that the lionshare of them are people like I mentioned above with corpos buying out more and more in recent years because they're just as poor as everyone else.
Meanwhile even the most liberal people on here get baited thinking they're scum. Meanwhile billionaires are still laughing at the poors fighting each other thinking one job is better than other or villifying entire professions still.
Unionize. Reform land and property ownership. Vote in as many Progressive > Democrats to help make that happen. Vote yes on school ballot measures even if you get taxes. Run for government yourself if you loathe who represents you. Grassroot campaigns are hard as hell with a huge uphill battle, but poor people aren't excluded from government.
Landlording isn't a job.
How equity works for retirement vs conventional stock.
https://newsilver.com/the-lender/how-many-rental-properties-to-retire/
https://realwealth.com/learn/how-many-rental-properties-to-make-100k/
Who are you responding to, bud?