this post was submitted on 11 Jan 2024
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I guess getting that initial capital required no work at all either.
Why don't they just get that initial capital if it's so easy.
Unless someone was born with money, the argument against non-corporate landlords (97.5% of single family homes are owned by non-institutional investors) is nonsensical, because those owners had to work for the initial capital.
At the end of the day they're still using that capital to exploit people by being landlords. Even if they earned that initial capital through hard work, the moment they invest some of it into a down payment on a house and begin to extract profit/equity via someone else's labor, it becomes exploitation.