Recent comments in /f/UpliftingNews

citytiger OP t1_jd3pj8k wrote

Why does someone always make a comment like this when an article involving a zoo is shared? Zoos are not like that anymore. The animals are not in cages and they are well taken care of.

This is all these animals have ever known. Many zoos are actively involved in conversation efforts and habitat restoration.

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SuspiciouslySuspect2 t1_jd3pgvn wrote

>Why would you put the responsibility on the landlord to sell their home rather than the system that sets it up this way? How do you know landlords dont work also? You do realize that rental properties barely make an income stream until they're fully paid off right? You most likely don't have any experience with landlords or properties and are going off the typical reddit landlords are bad circlejerk

You mean the responsibility to sell someone else's home, right? They don't rent to themselves.

You'd also be incorrect. I have rented. I currently own. I've seen the vast difference in opportunity in each. The fact that you can park money on a property (that you don't need), and it makes a little bit of money for 25 years, and then heaps of money afterwards, and can be sold at any time for a huge cash infusion, is monumentally better position than a tenant, who gets to pay all of the operating costs and has 0 to show for it in the end.

Consider this. You as a landlord buy a property for x. Your are a good landlord, and your tenant pays rent exactly equal to the upkeep of your property, 0 profit monthly for you as landlord, for 5 years. You then decide you want a better property, and sell, for probably 1.3x. You make lots of money. Tenant has 0 and continues to rent.

If that tenant had been allowed to buy that exact same property, and paid the same monthly rate to cover the same costs of ownership directly, after 5 years they'd have ~0.15x in equity. Which beats the snot out of 0.

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EasternMotors t1_jd3pb7j wrote

Except that's how mortgages were before 2008. Look into it. Did not turn out well. Google "liar's loans".

I like how you skipped the first two items. The bottom line is that renter protections are good for good renters. Landlords do not take chances when they think they will not be able to collect/evict. Try renting in NYC or California.

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SuspiciouslySuspect2 t1_jd3nn80 wrote

If they sell off in that jurisdiction en mass, the value of property will decrease and will lower the barrier to entry for homeowners, who can just buy instead of renting.

Few rent by choice. Most rent by necessity. And before you counter with arguments of how "oh they won't be able to afford x", consider that landlords fund the property with the rent they collect. Any barrier to ownership is an artificial one created by lending practices, which could be easily circumvented by legislation forcing lenders to allow low-principle mortgages. Not unsustainable or unqualified, merely low barrier-to-entry.

Sounds like a win-win all around.

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EasternMotors t1_jd3mur1 wrote

You know they won't. Why even post that?

If you want to shit on landlords, you have to acknowledge that they are going to respond in a way that makes them money. So they will never rent a decent property to anyone with any chance of eviction, will require ridiculous terms, and will sell properties in this jurisdiction to invest their money some else.

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shawnwasim t1_jd3mspw wrote

Why would you put the responsibility on the landlord to sell their home rather than the system that sets it up this way? How do you know landlords dont work also? You do realize that rental properties barely make an income stream until they're fully paid off right? You most likely don't have any experience with landlords or properties and are going off the typical reddit landlords are bad circlejerk

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1