this post was submitted on 02 Oct 2023
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Don't be fooled Billy, it's not really a job, more of a parasitic relationship (lemmy.world)
submitted 1 year ago by [email protected] to c/[email protected]
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[โ€“] [email protected] 2 points 1 year ago (1 children)

What does it mean to be a landlord then? Are you saying the properties owned by these companies have no landlord? I don't doubt it's a tough job to run a company, I still don't think that justifies the amount of our profits we give up to ensure we have shelter.

[โ€“] [email protected] 2 points 1 year ago

Properties owned by a corporation do not have a landlord. They are owned jointly by a group of investors who assume the financial risk. You can be a property company investor too if you want, there are a number of such companies called REITs that sell shares on the stock market and return a quarterly dividend.