I agree that housing
should be a right for all people but where the question becomes more complex is
over the location of that housing.In a Canadian example people often cite the
crazy home prices in Toronto and Vancouver but nobody ever mentions there are
dirt cheap properties all over rural Canada that people refuse to consider
these options. They would rather be poor in a mega city than actually set roots
in a smaller townI've worked in property management and with real estate
investors. The vast, vast majority of rental properties are owned by the middle
class. And, you may think your rent is high, but trust me the profit margin is
slim.Baby Yoda Hug Busch Latte Beer shirt
The homeowner has way more expenses than renters realise.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. 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.
The homeowner has way more expenses than renters realise.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. 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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