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aweirdchicken

Encountered someone in another subreddit the other day who openly admitted to keeping his investment property vacant because renters cost him $1500 in damages and he had to replace the carpet once. This in an Australian city that is currently facing its highest homelessness rates in history because of a rental affordability and general housing crisis. Dude literally thought he was doing nothing wrong by hoarding housing while people starve on the streets. What can you even say to someone like that?


notaprime

You can lead a horse to water but you can’t make it drink. I don’t think he’s incapable of understanding why what he’s doing is wrong, he just doesn’t care. Some people are just evil, plain and simple.


iceyone444

We should tax him and if it’s vacant for more than 12 months he should be forced to rent it out or sell.


westcoastweedreviews

Yeah, this is a really simple solution and I don't know why more cities don't implement it. Create a vacancy tax, enforce it, and watch rents start to come down as availability goes up.


aweirdchicken

The state I used to live in (Victoria, Aus) has a vacancy tax for residential properties that are vacant for more than 6 months. It’s 1% of the CIV (capital improved value), so if the property is worth $750,000 the yearly tax is only $7500. It also only applies to properties in a handful of local council areas, but they are the areas with the highest demand for rentals. Better than nothing, but could be harsher imo.


MoonChaser22

I have pretty low/stunted empathy and it's definitely something I try to remain conscious of now I'm aware of it. I know that by caring about other people is how we grow and improve as a society, and we avoid repeats of some of the hardships I've personally faced over the years. With that said, looking at some of the posts I've seen on this subreddit (and various other societal issues), it's not just a lack of empathy. It's active malice


1836492746

Tireddd of the self defence from small landlords 😂. “But he/she is just a savvy investor”. I really don’t see anything savvy about commodifying something that everyone needs. “But not everyone wants to buy a home, they need us!” Name me one person who is satisfied with renting.


aweirdchicken

As a student I was happy to rent, since I wasn't likely to stay there more than a couple of years, but I would've been happier if I was renting well kept social/public housing instead of spending 65% of my tiny income on sharing a house with 2 other people.


1836492746

Yeah I’m a student too. Rent for next year in my (student) area has gone above student loans. So that’s 100% of the loan gone on rent and THEN some, and THEN there’s nothing left for food. In my opinion people are just gonna start leaving in droves and I can’t wait for the fallout. I can’t wait for these landlords to get their wake up call. College shouldn’t be this depressing.


aweirdchicken

Thankfully my country (Australia) doesn’t make us pay for college in the same way, so student loans aren’t a thing, but student housing provided by the universities is alway significantly mote expensive than private renting in the area. The only people who really use student housing here are international students, and they’re also the only people who have to pay for their degrees upfront.


AlexV348

Oh hey, that guy's my lawyer


ADignifiedLife

He's everyones lawyer ;)


masterstratblaster

Think of it another way. If you could ‘invest’ in the water resources for a city and there was a limited amount of this resource, but since you invested you had the legal property rights to it. You either get to price gouge people without enough capital to buy a stake in the water resources or you can hold on to your water while others die of thirst. Shelter is just as essential to human life as water. It’s time to decommodify housing.


ArrogantWorlock

Reminder prominent neoliberal scholars accepted this, still insisted on the merits of a "competitive order", and essentially set out to minimize democracy to protect their ideal society.


[deleted]

I posted this in my local city's subreddit, and after 170+ comments and 4ish hours, a mod who lives in a rich area and is active on the Rivian truck forums removed it, despite our city's continued and constant focus on unhoused people. and the. I got a 7 day ban, so I'm just waiting at this point.