cross-posted from: https://lemmy.crimedad.work/post/12162
Why? Because apparently they need some more incentive to keep units occupied. Also, even though a property might be vacant, there’s still imputed rental income there. Its owner is just receiving it in the form of enjoying the unit for himself instead of receiving an actual rent check from a tenant. That imputed rent ought to be taxed like any other income.
There is value in someone figuring out all the finance mess so that when someone wants a place to live it exists. I.know how to build a house (I was in construction in my younger days). I don’t want to spent 200 days of my life building a house, I just want a place to live.
That’s the job of a manager, which isn’t what a landlord generally does. And even on the rare times when a landlord actually does do some financial management, it takes up a minority of the time.
I would like to do so at some point, and I don’t blame you for not wanting to do so. But housing needs to be affordable and it isn’t.