Quote (Thor123422 @ Jan 14 2020 01:54pm)
You can make a reasonable argument that landlords dont add anything of value to society. They maintain accomodations but that can be done cheaper by the tenents or the landlord wouldnt make a profit. Still, that ignores that the landlord also assumes risk by owning the property. In an absolute sense landlords add nothing and are parasites but in practical terms their job is maintaining the property and managing the risk of owning the building and allowing or disallowing risky neighbors.
In some cases, like when rentals are in high demand, they can charge ridiculous rates and not fulfil those roles and still have high demand in which case they are parasites.
There's nothing reasonable about that argument.
They supply housing for people who either don't have the credit to buy their own home, who don't want the commitment, who maybe want to live in a neighborhood/city/state temporarily.
The relationship is largely symbiotic and voluntary. No one is forcing someone to live in NYC and pay 2 grand for a 1 bedroom, they can easily move to Wisconsin and pay 1/3.