A single slice of stuffed crust would be a sushi attached to a toast. The ends are open once you cut it into a slice. A FULL stuffed crust would be a calzone and a toast.
I love how many people are going on about how one generation isn’t the cause of all our problems. I agree. Neither the post nor the website say anything good nor bad about any generation, just that it’s -mildly interesting- that boomers just hit 1/3 dead.
And as others have also pointed out, the website isn’t anything anti-boomer. It tracks each generation, and it’s just mildly interesting that boomers just hit 1/3.
There’s a huge gulf between what this comic says (essentially housing, a basic human necessity) should be free, and what you’re attacking (everything is free). One of those is ABSOLUTELY doable. We live in a world of gross excess, if we stop arguing over how to kill people more efficiently, stop worrying about printing more money, we could give people a small home. Of course someone still has to pay/work for it, no one’s stupid lol.
Even if it’s a “shoebox apartment” it’s better than streets. It’s one of the basic requirements for life. And who’s to say that provided home has to be your only option?
I make an effort. The truth is there are s9 many things that are Nestle with no Nestle on the packaging due to the different layers of subsidiary companies. It’s practically impossible to completely avoid them without some smart phone app, database, etc (which may even be inaccurate) or a fuckin encyclopedic knowledge of the different brands lmao. Shits fucked, yo.
The reality is building or buying a home is expensive and that cost has to be borne by someone. For this instance, sure, landlords can provide a service. Smaller landlords who are actually PEOPLE and not faceless corpos who don’t even show up for home tours anymore though? Fuck em, heads on pikes, all of em. Seriously I have not even SEEN a person I rent from.
There are some benefits to being a renter, for sure, but they need to be comparable to the benefits the owners are getting, and they’re not. It’s not worth paying more than you would to actually OWN a thing, just to be able to move at a moments notice.
From the sounds of your situation in another post, you’re making about 5k in equity and spending, after collecting rent, an additional 7k. This sounds about right TBH. I could see it going up until those numbers are equal, no more.
I’m not against people making money, I’m against people making money hand over fist with the level of effort I exert taking my morning shit, off the backs of people trying to scrape by.
A regular guy who’s a landlord np. Once it becomes your primary investments vector and you’re NOT giving that little extra effort of moving stuff to the basement, once you stop being a person who is a landlord and just become Landlord, it’s shit.
never understood this sentiment. For single family homes the market sets the price. It’s not like when you buy a house and use it for a rental all of sudden it’s cheaper or more expensive in some way. You could make a price/demand argument but then again the underlying demand is housing not money hungry landlords. If there was not an underlying housing demand, no one would rent and it would fail as an investment.
Close. You’re right there’s no profit without demand. Now, consider what happens when certain entities with way more money than most of us comes along and decides they want to induce artificial scarcity by buying up and leaving empty a ton of houses.
Lastly, 2 of my rentals were foreclosures. If anything I’m performing the city a service by buying these properties and adding value. If you had to choose, would you rather live next to a vacant house or a rental?
They both kinda suck. I’d rather live next to someone who is invested in the property.
To answer your question, it’s fair for a renter to not build equity because they don’t pay for upkeep or have the risk associated with the loan. You have to put skin in the game at some point.
I could agree with this if rent was pegged to a percentage of the mortgage value. The issue is that the landlord makes a purchase and now owes, let’s say, 1k/mo for everything. Rent, taxes, fees, etc.
They want to rent that place out, great. Maximum rent should be LESS THAN that 1k, because the landlord is already getting theirs, they’re getting equity, and the only thing they have to do is upkeep they’d have to do regardless.