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Lazy moochers (lemmy.ml)
submitted 1 year ago by to c/memes@lemmy.ml
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[–] 7 points 1 year ago (2 children)

My housing coop charges 38% market rate rent, maintains the common area, has a property manager, and provides units fridge/stove/furnace/AC, on 46 three bedroom townhouses.

So either landlords are wildly inefficient with their expenses, or they are taking a crazy margin over their operating expenses.

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  • [–] 2 points 1 year ago (1 child)

    Right, I'm not arguing that landlords are good. They seem to be a symptom of a system set up to encourage their shitty behavior.

    I do wonder if a housing co-op is protected by law in some way. Or more likely it relies on a few people having good intentions who are running it. A housing co-op with no intent of profiting, ever, would be a good system imo.

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