I've worked in
property management and with real estate investors. The vast, vast majority of
rental properties are owned by the middle class. I got the horses in the back shirt And, you may think your rent
is high, but trust me the profit margin is slim. The homeowner has way more
expenses than renters realise.
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These people are
people who busted their ass to gain a few properties as a way to fund their
retirement. They aren't rolling in cash. And, the ones who own 10, 15, 20 units
have to either take care of them fulltime, hire a staff and pay them, or hire a
management team. I got the horses in the back shirt They take all the risk, do all the upkeep, and put in the
hours to grow their portfolio. She has no right to vilify these people and say
they don't have a right to make a profit.
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