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Comment by phil21

I have total opposite experiences from renting most of my life. I can't think of a mom and pop landlord I had a poor experience with. Financial incentives generally aligned fairly well for me. I was an extremely low-maintenance tenant, only calling for major repairs like mechanicals or outright dead appliances. I handled all basic maintenance and minor wear and tear myself at every property I rented from a small time landlord.

This resulted in pretty much zero rent increases across the 15 or so total years renting from such individuals. I had exactly one rent increase during that time due to a large property tax increase which I found to be reasonable.

Sometimes the small time landlords were a bit rough around the edges, but were good people trying their best. All emergencies were handled quite rapidly, and the non-emergency stuff I was quite capable of mitigating myself. I appreciated not having to do basic home maintenance due to my lifestyle at the time. I traded money for time.

I did not live in a city with good tenant protections whatsoever. If you stopped paying rent, you were evicted within 45 days or less.

Corporate landlords were the direct opposite experience. I avoided them like the plague until I bought my own home.

Tenant protection laws in some states have gone far too far in the tenants direction. I think societal incentives need to be reset to make rental units much less subsidized and lucrative, but I can't really fault individuals engaging in the practice. We setup the tax code on purpose to incentivize such behavior. Roll that back and you will see incentives re-align.

Tenants rights should not include the right to basically be a nuisance and a leech upon society. Professional tenant grifting should not be the profession it actually is today in many localities. It harms the rental market and society itself. A single bad tenant should not have the ability to ruin a small time landlord no matter how you feel about the ethical position landlords happen to be in.

parent phil21 1 year ago

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