ConfuzedAZ
The boot licking is strong with this one.
Some people like the flexibility, some may not be in the area long term, some may believe the stock market has better potential. In our free market type society, that is their choice. You can rail against the status quo, but whether you like it or not, it’s the current reality. As shitty as it is.
Agreed, especially in today’s market. It wasn’t the case back when I bought the properties. 15 years ago, it was a renters market. Landlords were under pressure, but cheaper prices and low interest rates made it feasible. My first house that I bought was cheaper per month than the apartment I was renting previously.
Honestly? I went into it as an investment, from a capital appreciation stand point I have done very well. I’ve mentioned in another post that I basically charge minimum rent (30% below market). When I had kids I thought the properties would provide decent income for the kids so it would supplement what they earn in the long term. But then one of my children ended up with a life long disability. My properties are in a condo/town house community close to many amenities. It’s very possible they may end up living in one of the properties while the other parts for their expenses. If I had wanted to get out I would have done so last year. But as it turns out I may actually need the properties to ensure my kid doesn’t end up as a disabled homeless person. So at the end of the day, I’m not interested in making money off the properties, I just cover expenses. It’s probably who I’ve had the same tenants for 12 years. I literally don’t even remember their names.
27,000 deaths a day approximately. According to the WHO 150,000 people die every day right now. 385,000 people are born every day. I mean it sounds bad, but in this context it doesn’t sound that bad…
It’s 100% true. You can not count on a supervisor BY DESIGN to violate policy whenever it may become necessary. Its a recipe for a fatality. In specific circumstances the supervisor should recognize when the situation no longer is covered by the intent of the policy and act. But expecting a supervisor to violate a policy BY DESIGN is inherently flawed, and hence will not translate into actionable legal accountability.
And honestly, today I agree with you (although I think there is some merit in a rental system as some people prefer to rent). I haven’t bought a property for 15 years and I see what the younger generation is going through. If I knew then what I know now, I would not have purchased rentals. But at the time the real estate market was much different. Hell there were decent properties for sale for 70k back then.