“we legally define housing as an asset and not necessity so it’s morally correct to profit off of it”
Do you know how recent the concept of private property is to Australia? Jesus Christ LNP voters are dumb. 40,000 years of not profiting off of ““assets”” aka land was fine before, god forbid landlords actually have to get real jobs.
Literally never voted for the LNP in my 25+ years of voting, but never let the truth get in the way right?
god forbid landlords actually have to get real jobs.
Ah, found the problem - you think that everyone that is a landlord is a “professional landlord” who hoards properties as their job. This is factually incorrect. According to the last stats, almost 80% of all people with an “investment property” only own 1, and they own that 1 by it being their previous family home and then they simply keep it and rent it out when they upgrade to a bigger house or move to a different area. Those people aren’t “landlords” in the way you think they are. They have jobs. They aren’t living the high life raking in hundreds of thousands of dollars in profit a year.
I’m one of those btw. I bought my first house and lived in it for almost 15 years, then when I had a family and some nice savings and was ready to settle down we bought a new house where we want to grow old. Don’t need to sell the previous house so just keeping it, hoping to one day hand it down to our kids to make their life easier. Both still work full time, and the rental is barely breaking even.
People need to separate the professional investment property buyers from the “bought a new house so will just rent the old one out” because they’re very different.
“we legally define housing as an asset and not necessity so it’s morally correct to profit off of it”
Do you know how recent the concept of private property is to Australia? Jesus Christ LNP voters are dumb. 40,000 years of not profiting off of ““assets”” aka land was fine before, god forbid landlords actually have to get real jobs.
Literally never voted for the LNP in my 25+ years of voting, but never let the truth get in the way right?
Ah, found the problem - you think that everyone that is a landlord is a “professional landlord” who hoards properties as their job. This is factually incorrect. According to the last stats, almost 80% of all people with an “investment property” only own 1, and they own that 1 by it being their previous family home and then they simply keep it and rent it out when they upgrade to a bigger house or move to a different area. Those people aren’t “landlords” in the way you think they are. They have jobs. They aren’t living the high life raking in hundreds of thousands of dollars in profit a year.
I’m one of those btw. I bought my first house and lived in it for almost 15 years, then when I had a family and some nice savings and was ready to settle down we bought a new house where we want to grow old. Don’t need to sell the previous house so just keeping it, hoping to one day hand it down to our kids to make their life easier. Both still work full time, and the rental is barely breaking even.
People need to separate the professional investment property buyers from the “bought a new house so will just rent the old one out” because they’re very different.
“Found the guy who’s jealous he doesn’t have an investment property.” - You
“the rental is barely breaking even.” - also you
??? Which is it? Is it an asset so valuable people should be jealous or is it barely giving you any money?