Are you going to front the argument that the majority of building owners brought those buildings for a reason other than renting them out? What country do you live in, because this isn’t the norm.
No. I’m saying that the capital that is in the building would be used for something other than the building.
The manager has done a similar trade, just with their time that they’d otherwise be doing something else with.
Being a landlord is profitable because your tenants pay more than you do. You’re not reducing your standard of living, you’re increasing it. That’s why people do it.
In the long term, that’s what the landlord hopes for, that reducing their standard of living in the now will make them better off in the long run. Same as the person expending their time managing the hing.
What’s the relevance of this to the argument that landlords are lazy leeches?
You asserted that landlords don’t do anything. I’m pointing out what they do – they’re the reason that the building is there. If nobody’s going to pay the construction company to build the building, there isn’t going to be a building.
No. I’m saying that the capital that is in the building would be used for something other than the building.
The manager has done a similar trade, just with their time that they’d otherwise be doing something else with.
In the long term, that’s what the landlord hopes for, that reducing their standard of living in the now will make them better off in the long run. Same as the person expending their time managing the hing.
You asserted that landlords don’t do anything. I’m pointing out what they do – they’re the reason that the building is there. If nobody’s going to pay the construction company to build the building, there isn’t going to be a building.