Proof Landlords Are Good For The Economy
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- čas přidán 25. 09. 2022
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I love how he blurs Ireland on the map like we don't know what country is there
It's a test if you're from the US
You overestimate geometry skills
@@mitshua lol
@@galaxyplayer473 hey look it's an idiot generalizing an entire country
Yeah😂
"standing outside for hours"
*Shows image of tourists standing in line to enter the Colosseum in Rome*
Fam hes getting b roll with no copy right no news network will give him free footage and what stock source will have irishmen queueing to rent a flat.
@@daycmetrollingdeihatin5100 can you speak English please
@@daycmetrollingdeihatin5100 I didn’t know it was everyone else job to give him content.
@@chloevitagliano9565 your ignorance of basic terminology betrays your lack of understanding of how footage is obtained for this sort if thing.
@@briancurtis888 i didnt know it mattered at all what footage he used. This isnt a govt registered news platform this is some bloke on a phone.... He took stock footage of people queueing from the first source he found prolly... Its no ones job to give him footage but islts also not his to provide accurate news with new matching images. Hes not a journalist.
New title: landlord trys to convince you his existence matters.
If all landlords died would everyone have a 20% downpayment? I’m happy if my kids go to college they won’t be forced to buy a house next to campus, This whole “landlords bad” thing is so stupid. Ask Detroit what happened when all the investors, landlords, And businesses left. Operation Mockingbird got people so screwed up that they think big gov is their friend and don’t realize the landlords are the ONLY thing keeping them from being homeless.
Cope rentoid
New comment: durrrrr I’m retarded dhurrrurrur dhuerrrrr
Tip your landlords.
You're really out here attacking middle class people trying to survive instead of the government which is ACTUALLY at fault for making your rent higher. And you wonder why no one can get housing nowadays.
It sounds like "Well, the landlords left and now the houses can't be sold because of some weird, almost completely intangible legal bullshit" is a far cry from "landlords are good for the economy"
Well they can be sold, and are sold often but when a house being empty is roughly the same if not cheaper than renting why would you bother renting?
It's a very poorly researched piece, and considering, it is a country where landlords caused a genocide. Reducing a country of 8mil to 2mil in a generation, it's in bad taste to be so simplistic.
@@padraigmurphy7739 "Landlords caused a genocide"? Could you elaborate please?
@@joshuahollowell9170 he is not going to
@@anonimusxd8336 It’s how the irish potato famine was exacerbated by landlords, causing mass immigration and deaths by starvation.
I love the fact he ignores Austria. Definitely not biased at all.
@Pedro H Siqueira I hardly know anything about the politics of Austria so don't quote me but I think they also lunched a different campaign against landlords and it was a success
I love the fact you ignore context and dont give any examples.
Youre definitely not biased either. 🙄
@@silentedict4256 he literally did give an example lmao, and it's a CZcams comment, what the fuck are you talking about LOL are you expecting a 5000 word essay weighing the pros and cons of rent control in Austria
Except Austria's isn't that extreme and has its own issues such as most landlords are more wealthy than other places.
Ithe example isn.t austria just some places in austria
.....
The don.t act against landlords
...
Many of ther counties/cities just build ther own houses
....
And if you carefully do that over decades and still allow the free marketto close wholes the goverment missed it is a very good system
.....
The biggest problem with socialist policies is that people try to centralize them
..... and that simply doesn.t work
lmao the issue is they acted too extreme taxes by 52% is an absurd amount not to mention the price ceiling
yeah no shit the whole video is about how the extreme hate that landlords get and its punishments will do terrible for the economy
well they have to offset the foriegn subsidies somehow
52% wake up. Most of us pay that now. Federal tax, state tax, county tax, city tax, property tax, school tax, auto tax and it keeps going. You can name basically anything and there is another tax on it. Hell, if you get a tax refund to over payment that’s taxed too!
@@jimmymorris5321 yeah nah bro have you done your calculations?
More importantly, losing the ability to evict gives tenants gives no repercussion to simply just not paying rent.
Landlords are good in the sense that when I went to college and moved away from where I intended to live long term I was able to rent an apartment with very little long term commitment.
Landlords are bad when they scoop up what would otherwise be long term housing and deprive the average person of equity. Gotta have a balance
@Koawa over short periods of time it's not worth it. Costs thousands to sell a house so unless the market spiked right after you bought it you could end at a loss
@Koawa and where exactly do you propose people get this money to buy a house? (Especially with the example of college students)
@Koawa your comment reeks of someone who failed Economics not once but several times only to get a pity pass of a D- so the college can bounce you out. Then follows idiots like Vaush who grift so hard that you pay for his own house out of the earnings you make due to your poor impulse control over your finances.
@Koawa then do that and don’t be surprised when others don’t do the same.
You're making the assumption that there is a limited supply of housing.
There should not be. The number of units owned by landlords for rental housing should have no effect on the number of units available for buying.
So the problem is still comodified basic housing
So the problem is we still have to pay for things and stuff with money
@@mazzaleen6091 when its a basic necessity, yes
@@spookywidetrap2884 I agree, people shouldn't need to pay rents, they should instead pay for houses they can't afford... Pay for them with loans they have to pay off periodically... with interest... to a million dollar bank.... until they die.
Well I guess you really stuck it to those evil comodifiers huh?
@@mazzaleen6091 what?
@@spookywidetrap2884 there's not enough land in the world to house everyone without communism my guy
- Attempt to solve a problem
- Create a bigger problem
- Eclipse the problem by giving people their own money or by spending it for something eye-catching
- Say you are the only one who has ever solved such problem
- Get people's approval and be reelected
This is the way.
@@jeremiahblake3949 This is the way.
Objective opinion, That it's a "bigger" problem. Which one is worse? Entire generation suffering from extreame home price inflation caused by home being bhought up. or just a small hand full of people?
This guy is a financial YT like all the others which tell's it's viewers to buy and rent out houses. Large bias and conflict of interest
@@ccy0126 i spose true communism has never been attempted either?
@@shausen1179 Lmao not communist. I'm pro-government/Union capitalist. Free markets should dictate home prices but when banks borrow from the government which borrows from people's taxes to lend the landlords to buy houses should not be allowed.
The issue is that while the landlords were gone so too were the homes. We need to find a way to stop a handful of people from owning every house or the issue will never be resolved
That's far too simplistic.
You also need a method to stop people from over owning a home. With the rent market you're charged more for a 4 bedroom than a 1 bedroom, so when you have a bunch of kids you need the 4 bedroom and you're more willing to pay that increased rate. When all those kids move out, downsizing to 1 bedroom makes sense because now you can save money. Rent control undermines this process and that's why it doesn't work. Getting rid of rent entirely(even if it's through home ownership) also undermines this process without the option to rent out your now unneeded oversized house.
Yes, public housing. Irelands problem was not nationalizing or rebuilding the houses landlords supplied.
@@yashsingh6096 public housing, especially as a wide spread solution has its own problems. The most obvious one is an undue burden on families when they're no longer eligible for it due to no fault of their own, such as a family with 4 kids, 3 of which die due to an accident.
Capitalism is a bit like Winston Churchill's quote on democracy. It's the worst, except for all the systems that's been tried.
What are you going to do? Prevent people from owning a home and let the gov own everything? Or let them own a home but don’t let them rent it out? Both of those are even worse than just letting landlords exist.
how the homes are gone? the landlords pack them in the suitcases with them???
For anyone who doesn't know, the Irish housing market is the worst it's been for years and everyone's bolloxed
Make the gov build more hoses, be done with these greedy fucks and let the gov do its actual job
The only solution to this problem is child limit law the UK is doing it and they are doing well on it
@@cliffsofmoher4220 Yeah, the only solution to a problem caused by beurocratic meddling is even more beurocratic meddling. Like imagine thinking a physical lack of physical space in ireland is why houses are expensive, you are literally an insane fucking psycopath for even thinking population control is a solution
@@cliffsofmoher4220 Yeah keep doing that so we all die faster.
Okay? The housing market is terrible everywhere. Prices have been on the upswing for.... well, since basically 2008.
Daniel: "And they succeeded"
Me after watching the rest of the video: "I don't think that word means what you think it means."
They get wht they wanted.
Inconceivable!
Tasked failed successfully.
They stopped greedly landlords, therefore can people say that they succeeded.
There's this guy named Mao who I really think had the right idea on what countries should do about greedy landlords
Lol, how many people did Mpa kill? Only a couple hundred million.
Remember guys, true communism has never been attempted.
Mao Zedong? You do realize that millions died under his rule, right?
Yeah, kill 60 million poor people by a preventable famine
😁😁😁😁
“And they succeeded!”
:D
“Almost all of the landlords left the market”
D:
Like... what did they expect ?
@@why1513 political pressure. Loads of people wanted more pressure put on landlords. As they saw them as evil
The problem is not because the landlords left, is simply because if you get rid of landlords you have to find some way to let the people get housing without landlords, either make purchasing houses easier or build affordable house projects for people to stay.
@@MonsieurArlequin not Irish?
Blame Black-Rock for buying all the housing.
The pure basic principle in economics, it’s all about the relationship between incentives and results. You mess up the incentive and your economy is screwed.
Except he has everything wrong from the get go, the issue dosent reside with landlords but with the lack of properties being built, what is being built being is bought out in majority by REITs which not only artificially drives up prices which prices out first time buyers etc.
That's the true issue not this crap about 52% tax (no idea where he has pulled this from as rental income is taxed under paye which would put it either at 20% or 40% depending on amount and what your main income stream is) and renter protections.
@@TheIrishBread literally WHAT?
If someone can make any sense of what you said I'll be surprised
@@diggydumbo9294 little building being done, REITs (Real Estate Investment Trust) buy up majority of properties inflating property value pricing out prospective buyers and low level land lords alike.
Income is taxed at 20% until x value then 40% over x (hence calling bullshit on 52%).
Properties arent being built partly due to Nimbyism and partly due to stringent loaning criteria for developers and buyers due to the joint property and financial sector crash that accompanied the 2008 recession.
On top of that renting has never been a popular option in ireland for historic reasons (read about the land league and evictions/ land war of 1870s and 1880s).
it has literally nothing to do with what this fucking shyster has said.
And that is a very brief and rushed rundown of the property situation in ireland.
but theres also supply and demand
landlords want more houses to rent out
that raises demand demand raises prices
the supply is somewhat constant we can only build them so fast
theres also a demand for cheap housing by everyone who actually wants to own and live in a home but if you can sell to a landlord who will pay 2x the price or more because he can just mortgage it out and rent it and still turn a proffit even if its a small proffit because he can just buy MORE HOUSES
I've studied this at my college. You generalize a situation in order to say that attempts at progress end up causing the contrary effect, leaving us in a worse situation than before thus saying we shouldn't bother trying to change things. Reactionary thinking.
That is one of the biggest moronic statements ive ever seen.
"So you are saying that when a solution clearly doesnt work that we should stop? No that is reactionary, we should wait patiently until it works because that is not what a literally fucking insane retard would do"
Yeah you know what, when dumbasses like you implement policies which cause immensely more damage than the problem you were trying to solve, yeah fucking stop trying to change things and piss off.
Yep, hindsight and result based analysis.
It ends up closing off every related option because in one situation, in the way that it was established, it failed.
Even though that may not necessarily be the case with other variants, and these other variants may be much better or worse for one reason or another
OR we should spend more time on smaller scale trying to fix things and testing things rather than just going for it all out. It doesn’t have to be all or nothing. Even better people could have to justify their ideas for “bettering” things directly to the people who it would be intended to better and see if they actually want it.
And yet you dont add a single new relevant fact nor provide a counter example.
Far easier to just cast aspersions and cynicism than admit that your "progress" is nothing more than having government dump gas on a fire to put it out, since "theyre both wet." Centralized control always lead to this similar outcome - New York and LA are great examples.
@@silentedict4256 Literally anything done outside of your country
Push out the retail landlord, then large corporations will come in and buy everything up cheap with QE money.
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A less slimy manner of showing this would be stating the fact that homelessness has indeed grown in ireland recently. However also, home ownership in ireland is between 68% and 70%. So... Yea.. The landlords left. But 3/5ths of irish citizens, own their homes. And while they have problems to be solved, theyve largely succeeded in limiting landlords hold over the market itself. Which is the main goal. To declass housing ownership and make it more available to all. However there are naturally new challenges to face as a result.
*corrected because i overinflated irish figures of home ownership by not checking the exact statistic for the most recent year.*
Hey mate!👆Thanks for watching. Tell expert Andrei jikh that Daniel referred you for the right profitable investment project MSG DIRECT👆✍️.
Have the government own and rent out apartments and implement that policy. That‘a literally designed to work!
well they should have added that you pay even higher tax if your apartment sits empty
That's dumb. Incredibly dumb.
Hey mate!👆Thanks for watching. Tell expert Andrei jikh that Daniel referred you for the right profitable investment project MSG DIRECT👆✍️.
Also the reason the Irish housing crisis is happening is because the immigration they are recieving is not keeping up with the housing development in the country, which means that due to the increased demand, prices have skyrocketed and there is pretty much nowhere to live
And then we took in 10k Ukrainians, yay
@@Alan-me8bs which was based
@@Dafty2k not really. It made things even worse
@@Alan-me8bs nah sometimes human live and being a normal human first world country is more important than some stupid propblem
@@Dafty2k Ukrainians have never done anything for us tho. We owe them nothing. Irish people come first
I'm going to look this up. Can't trust random videos.
It's not true
I typed ireland landlords into Google and hit news tab. There are articles about a problem so there seems to be some truth to it. Also the info at the end has a source at the bottom I didnt look up. It seems there is truth to this short but how much I can't say.
@@nert5 there is a problem with landlords in this country but it's not what he's saying, the issue is there is very little building of apartment blocks or housing by the private or public sector (partly nimbyism and partly due to stringent loaning criteria which is the result of the 2008 recession) and what is built is majority bought up by REITs driving prices stupidly high in both the buying and rental market and pricing out the average person. Add in the rise in material cost, and the fact nearly every decent job opportunity is centered on dublin and you have a perfect shit storm.
The video is bullshit. We have a rental crisis but tenant rights and taxes aren't what's causing it.
Irish people don't want to rent. We want to own our own home but nobody can afford it because they're out bid by vulture funds, foreign investors and our own government buying council housing. The few people who do want to rent, can't afford it because the people who want their own home outbid them. This leads to homeless people who have well respected jobs. There's stories of college students being homeless because they can't find a place to rent and the few that are available are inhospitable and too expensive. I heard a story of a girl's landlord telling her that they'd be renting out the other half of her double bed to strangers. It's horrible and this video is disgustingly wrong
@@garrylove8955 thank you for the clarity. I knew these guys are not to be trusted with such a complex topic.
Worth it. The elimination of terrible systems has growing pains. Pay now or suffer forever
Now actually proof that landlords are good instead of giving an example of a country entirely owned by landlords failing to give give people housing.
Prices were expensive because landlords had to deal with these barriers exactly, raising prices of rentals. Now everyone has to deal with these barriers if they want a house and most can't fucking afford it.
Ita almost as if the evil landlords weren't the problem. Its almost as if the government would stop meddling in the housing market this could have been avoided. Keep complaining about landlords though, uneducated people like you are the exact reason this happened in the first place.
They are giving housing, in exchange for money, and Ireland is not entirely owned by landlords.
The real reason for housing shortage are:
1)Covid caused all ongoing builds to stop.
2) Landlords are more motivated to put their place on airbnb due to the high turnover ratio.
Also yes, while many private landlords left the market, they were replaced by corporate landlords, which are far more efficient.
3) increase of immigration
@@loona_mew yeah that too. but I was trying to focus on the negative causes behind the housing shortage.
@@HumbertoBytes that is negative
@@loona_mew How is immigration negative?
@@HumbertoBytes they increase the supply of houses
This man clearly never read a book in his entire life.
Like oh no all landlords left what are we gonna do?
Lmao just get government to reposses all the landlord owned houses and make social housing of them.
"Oh we just need more public housing" no, prices were expensive because landlords had to deal with these beaurocratic barriers exactly, raising prices of rentals. Now everyone has to deal with these barriers if they want a house and most can't fucking afford it.
Ita almost as if the evil landlords weren't the problem. Its almost as if the government would stop meddling in the housing market this could have been avoided. Keep complaining about landlords and advocating the same incompetant government be given even more though, uneducated people like you are the exact reason this happened in the first place.
Except not how that works, govt just taking properties bc is how you get a violent revolt
In the 70’s in my state during the Arab oil embargo, state officials tried to “fix” the problem of long gas lines by creating a minimum purchase law, and only allowing cars to fill up on alternate days (based on the last digit of their license plate). The result was longer gas lines, inconvenienced drivers, and people running out of gas if they couldn’t fill up one certain days. Politicians love to “help” when they ought to just GTFO of people’s way.
If you don't like politics you can always move to, idk, Somalia or smth
Sounds like they should switch to LVT and off of other taxes that penalize production and reward inefficiency. The key to diminishing landlord power is to have there be more of them not less.
Right to more landlords no to LVT. It's a crazy idea that would give the government too much power and penalize the countryside.
@@jeremiahblake3949 this is false, the implementation of LVT is mostly about urban areas. land value is in cities and suburbs not corn fields. Agricultural land is zoned for its use and this is one thing among many that limits its value. Anyway farming is hampered by land speculation too which crushes small family and artisanal farmers for mega corps.
I truly think what would probably be better if we taxed people that owned empty houses more to force them to rent it or sell it
Honestly people that can afford to have empty houses probably don’t give a shit about a couple % tax increase.
Nah this is literally a landlord properganta
"People are tipping landlords to have a better chance of getting a home"
don't forget to tip your landlord at least 200%
I found an amazing flat to live in 4 days of searching here in dublin
How is it in dubai?
@@MrVibez-zt5rj Dublin, it's in Ireland
@@MrVibez-zt5rj lmao
Nah that's cap we all know it's shit
for how much though?
I mean it probably would have been more effective to limit the amount of residence properties an individual or company owns.
Agreed! Not so bad to own a new house with the hubby and rent out the old condo.
That's an even worse idea. It's ideas like that that caused the mess
@@Alan-me8bs How so? Landlords do have too much power and the culture of using debt to buy housing is jacking prices up for most tenants .
@@jcflores1774 u mean a mortgage? 😂
@@Alan-me8bs A mortgage is a form of debt...duh. I mean people buying over 10 homes with the intent of renting all of them, not a person buying 1 or 2.
Omg, cant leech off wagies.
Seems to me the problem is they discouraged renting out a property instead of discouraging hoarding property.
If it's easier to just hold onto a property and not do anything with it rather than rent it out, then that's what people will do. Also setting price limits and other means to directly control prices is a lost cause.
Really what they should have done was introduced a land tax, or a tax on vacant properties to increase the supply of housing.
Think they did but honestly people hoarding houses probably don’t give a particular toss about an extra tax. Only serves to hurt smaller land lords who would actually probably be pretty good then big corporations come through and buy the land. Or Asian real estate “investors” who just keep empty houses everywhere.
@@NotSoSerious69420 The point of a land value tax is it would force landlords, big or small, to use their land instead of keeping it empty.
Paying a certain % of the value on a property every month/year is fine if you're getting rent to offset it. If you have dozens of empty properties however, all of a sudden the investment is unprofitable so the landlords would be forced to rent them out or sell. Either way this increases supply of housing on the market so would be a good thing.
@@m136dalie that already exists what’re you on about? Property tax exists already and they’re plenty happy to allow the house to remain empty.
@@NotSoSerious69420 I know, but it's usually poorly executed. In Canada for example there are loopholes that allow big companies to avoid paying this tax. In Australia property developers can afford to keep up to 20% of the properties off the market, since increased demand offsets the costs of keeping these properties vacant. Also a problem is that the tax in most countries applies to a primary residence, making it mainly revenue-generating rather than a tool to reduce prices.
The tax should primarily target those using real estate as investment, not owner-occupants.
@@m136dalie they also already have a empty house tax too sorry I forgot to mention that. It still isn’t particularly helping from what I’ve seen though I don’t know the percentage.
"Heres why tapeworms are actually GOOD for your body?!?!"
If at first you don't succeed, try, try again.
Atleast they made an attempt to get ride of those leeches.
So make more and more pepole homeless
The definition of insanity is doing the same thing over and over again and expecting different results.
@@TheBrimmyRat you mean like you're frivolous attempts to convince people landlords are good?
@@jvh4438 tell me why you think landlords are bad no economy can function with out them
@@jvh4438 I never gave my opinion on anything, you’re just so biased that you see anything opposing anything on your side to be on “the other side”
Me going to Ireland to not pay rent and never get evicted
U can still get evicted. It's just awkard
Have to find a place to rent first; good luck with that.
@@troodon1096 I managed it. Takes a while. But is possible
@@troodon1096 68% of irish citizens own their homes lol
@@FWAKWAKKA yeah that's pretty normal in the west?
The same example is happening in Argentina. Government put new rules, to help renters, ended screwing both.
They need to help renters, but they need to stop fighting against capitalism. When you create something that costs the landlord to help the tenant, that is honestly fine, but you have to give the landlord a tax break equal to what you assisted the tenant with, or they’re just going to pass on the other tenants.
@@skeleton1765 it oddly seems like they want the land lords to help people out but not profit, the only reason they’re renting places out in the first place. Forgot basic math I guess.
There’s good landlords and there’s bad landlords. The laws in Ireland targeted both indiscriminately. In fact, the high tax rate just makes it where the only land lords are giant companies that own thousands of houses.
52% in taxes
Can't evict tenants
Rent control
And they never thought landlords would quit?
Wow, talk about stupid.
No they were trying to get them to quit. We have a long violent history with landlords and this was the end result.
@@oobrien9105 have fun having no housing
@@oobrien9105 Soooo... people get government housing?
You pretend as if landlords "quiting" would result in less housing. Landlords stopping their bullshit results in more houses being freed up for the people. The underlying problem is the housing shortage, and problems would be way way worse if the landlords still had free game.
@@HarryvandeSunweb No, it means apartment get turned into condos and corporations buy the houses.
It won't free up anything. Lol
I didn’t know Irish government were so drunk at work
Major part of the history don't you know
🤣🤣🤣🤣🤣
Problem was they weren’t drunk for once
The scariest words in the human language “I am from the government and I here to help!”
We don't know how it's going to turn out yet. Could have amazing consequences we'll see in a decade
The problem with added taxes is that less wealthy landlords will drop out while companies with hundreds of houses/apartments will stay afloat and will still profit off the lack of competition
This is an example of jabroni socialism. Public efforts that are intentionally mismanaged in order to make social projects look bad. Getting rid of landlords means getting rid of rent. If property is held, and not used then this will work directly against the intention of the policies. For this to work you have to establish that ownership is defined by use.
Landlords have rights.
Easy solution, repeal all those requirements and come up with something more reasonable. Common Sense!!
Hey mate!👆Thanks for watching. Tell expert Andrei jikh that Daniel referred you for the right profitable investment project MSG DIRECT👆✍️
Watching from Ireland here, the government has no clue what they’re doing
The should listen to Daniel and then we wouldn’t be in a cost of living crisis
Bro I don't know what I am doing either 🤷♂️
Government: "We made it a shitty place for landlords."
Landlords: *leave*
Government: Surprised Pikachu Face
Government: Seized housing and sell it to people without home who has been putting the parasites om life support with their own paycheck.
Landleeches: Surprised Pikachu face
Is it that landlords are good or is it that they tried the equivalent of violently tearing out a cyst by hand?
It's called The Cobra Effect, trying to do a good thing and end up making it worse
The problem is landlords have bought up the majority of the houses, creating almost a monolopoly. We'll not landlords investment firms or something along those lines I study history not economics. The landlords left, now there is not as much competition. High demand=high prices. Although what you mention is also a large factor. Trust me I'm Irish.
Keep governments out of our business
How's them landlord boots tasting?
A rent increase rate should be standard. Like you can only raise it 10% every year except for if other expenses goes up and they need to compensate that.
Hey mate!👆Thanks for watching. Tell expert Andrei jikh that Daniel referred you for the right profitable investment project MSG DIRECT👆✍️.
They kicked out the landlords but had no adequate replacement for them.
Theres literally a whole tv show about landlords having to go to court and losing multiple times losing like 50k not being able to afford the house its mortgage because people dont pay and the landlords cant get them out of their houses
Well, that's what happens when poor people wants to play the system. Landords are leeches so you get the idea that you could buy a house, rent it, have others pay for it and then keep it for yourself after that... but if anything happens you won't be able to afford the mortgage, 'cause you are poor. Leeching as a landlord is a risky gamble if you aren't rich.
Landlords are roaches so I don’t really care
@@puntodelectura it's not leeching at all, you're providing a house to someone who can't afford a 30% down payment and mortgage. It's a crucial service for young people.
@@jeremiahblake3949 L take
@@jeremiahblake3949 yeah thnx for the save bro plz keep buying everything so the prices go even higher and that will help us too
Blame Black-Rock for buying all the housing.
Landlords aren’t really the problem. It’s those who own multiple properties without any regulation.
We need to stop businesses from buying more than 10 properties.
Individuals shouldn’t be able to own more than three.
Also bam all foreign investments and foreign owned companies from buying property… such as Zillow.
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Businesses who buy & rent properties generate employment, provide good maintenance & support for renters, generally charge less for rent and overall benefit the economy.
Can we say the same about landlords (in general)
This seemes kinda sus
Maybe that’s why lies is his last name
So are you racist?
Yehp can confirm its utter BD
It’s 100% true it’s basically impossible to find an apartment anywhere in Dublin
It's not though
@@tjmartin8516 Disregarding whether its actually impossible to find aparments in dublin, that isn't relevant. The guy from the video doesn't explain why getting rid of landlords would've avoided the problem. If landlords were profiting off of the situation, it would be even worse for the people than it already is.
Remember Ronald Reagan said the most terrifying thing to hear from someone is I'm from the government and I'm here to help
That's why conservatives don't try to help anybody but their friends
@@ingni123456 and liberals destroy everything for everyone 🤷
@@ingni123456 I don't need the government to help me. I just need them to get out of my way.
@@troodon1096 Oh aye pal? Are you going to set up your own electricity grid? Road network? Did you pop out the womb fully educated?
How are you liking the environment? No problems with acid rain, right?
@@ingni123456 conservatives literally donate more money to charity and are more likely to do community service on average.
Landlord tries to convince us he works
This isn't unintended consequences of a gov trying to do the right thing. This is the market, pushing against the blatant stupidity of the gov
This doesn't mean they are good for the economy, there is a larger more diverse area for landlords to move to in Europe, just a short drive away, file some paperwork saying your closing shop in one location fucks everyone in that 1 spot. However, if America did this, the established landlords wouldn't be able to move as easily especially if it's a country wide ideal to make this happen. It would force those companies and landlords to stick to stricter abilities to conform to what they need to do without blowing their budgets on giving the bosses bigger pay.
How you driving from an island to another country tho..?
@@mattd7723 it's like Ireland is connected to Wales, England, northern Ireland. And omg, they have boats that take cars across the isle between countries for the UK islands to mainland Europe. Those are called fairies
You have no idea what Ireland or America is actually like.
@@eightywight with family directly in Ireland and me living in America, I do. But be a puss when it comes to pressured societal "norms" of corporations.
You don't get the basic concept that trying to controll the market leads to worse outcomes. Landlords aren't evil, they're very necessary
Time and time again having a hands off approach when it comes to the economy is almost always the best thing
Sure there are times, like the pandemic, where action is needed
But usually the economy regulates itself
In the states that took the most action in the pandemic the most damage was done, meanwhile infection deaths weren't any better.
They should have done much less
@@jeremiahblake3949 correlation does not imply causation
Way more factors at play here
@@ab3040 it's quite clear that the measures inacted by certain states weren't effective, the promised results didn't come. The economic impact on the other side is indisputable, states with longer lockdowns and more restrictions had more job loss and business closures.
Their ideas seemed a bit to extreme to work well, maybe if they were lessened it would be better
As someone who father is landlord. I have no sympathy for mentors who don't pay their rent. We had to go court to deal with one guy who owes us a years worth of rent.
I'm a landlord...... So they squeezed all the landlords out of business. So all the landlords sold. Then they created a massive housing bubble. Those laws are about the stupidest thing I've ever heard in my life
Landchad, do you charge the single mother of 3 their mandatory tip of 500 dollars??? If not you are getting cheated, keep on the grind 😎
@@nonelast4152 Dollars in Ireland.... Interesting 🤔
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@@nonelast4152 tell me you haven't worked a day in your life
@@rageagainstthewashingmachi2877 what about that indicates they haven’t worked a day in their lives? Frustration about income seems like the exact thing someone who has a job would feel.
Simple. Run a “breakfast restaurant” and require tenants to go at leas t once a month and tip $500 for a bagel. Lol.
You could literally solve the housing crisis by doing two things:
-Prevent corporate entities from buying domestic housing
-Make it illegal to let housing that you don't own all of the equity in
So they did nothing to actually address issues of lack of affordable housing and got dog shit results. Amazing.
They thought they were helping, nothing is more terrifying than the government trying to do good.
I'm thinking you're a landlord
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People have to tip the landlords 😭😭😭
Maybe woman use sex to better their chances
Bro really blurred out Ireland as if his audience was 100% American
Morale of the story. The government is almost never the solution to your problems.
Being a land lord is fucking immoral.
*"CoMmuNiSm"*
Communism would give the houses to the people instead of hoping that greedy capitalists will do the right thing
ah so we've found that the houses still exist and people could still easily live in them however greedy landlords will leave the market instead of housing people causing more people to be homeless. and how are these leeches actually good for people again?
Oh no, people not doing things for other people. Didn’t realize anyone should be forced to care about other people. Isn’t that what the communists wanted but didn’t work out because forcing people to care just makes people care even less?
correlation =/= causation
The situation would've been even worse if the landlords were profiting off of it (more than they still are, anyway).
"and it ended-"
at this moment my internet cut off and the video stopped. gg guys there is no more Ireland anymore
This is kind of the same mentality as asking to increase the minimum wage (by a large amount).. sounds Yipeee on the surface, but can wreck an entire economy if it actually happens..
Landlords are good, greedy landlords are the problem
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The government just didnt actually give an alternative. I dont think it was their intention for landlords to stop existing in the first place.
People really think landlords are pigs who live in mansions.....jfc
A lot of them are where I live
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They may not all live in mansions, but they are all pigs :)
Especially funny when its quite often people living in the same house (which tey probably owned for generations) which then get priced out by larger holding companies.....
@@NoFlu if they live in the same house it’s not a landlord, it’s a flatmate.
Sponsored by landlords
Nah man as someone from Dublin the government here is run by fucking landlords
he literally has proof via the article
He's right. And I'm Irish
Only issue is rents exceeding mortgages by almost triple. Your using next to all of your pay check just to live somewhere you will never own
Then buy a house instead of renting one.
@@troodon1096 my point
the problem is the government didn't step in and build and rent more housing when the landlords left
Even though I really like your vids. This was an massive L because it’s just simple propaganda because the real reason for the housing crisis was the stop of building new AFFORDABLE housing thanks to greedy companies that make everything so expensive🤷♂️
What service do land lords provide? What value do they create? Land lords “provide” housing in the same way feudal lords may “provide” food. They did not build the house, and even if a construction company built it they themselves most likely did not, the construction workers did. They only provided the financing which provides little value. One might be able to buy wood and cement but without the work of construction workers they would remain as wood and cement. A land lord may fix damages or issues (rarely and poorly, from what I’ve seen) but they themselves do not do that. They hire professionals the same way a tenant could if they had the money, but the land lords will only do so to the extent they make profit. But profit off of whom? The work the tenants sell to their employers results in profit from them and then subsequently gets leached off. By the government (to provide for the common welfare and defense or to get funneled back into the same employers) yes but also to the landlords. They are leaches who do nothing but hold people hostage with a basic human necessity of housing.
Landlords provide housing to those who can't afford to buy a house. Students and young workers, who can afford rent but not a down-payment. Housing for itinerant workers, and those who aren't sure about relocation. They provide a valuable service to society and its sad that so many are as economically illiterate as you.
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Just using your economically illiterate example the landlord has already provided jobs for people working in construction, right from the bricklayer to the engineer and the architect. Then he provides additional jobs to people such as plumbers, electricians and repair men. Problem isn't the average joe landlord who has a property he gives out to rent. The problem is huge corporations that buy up whole neighborhoods, decide the rent, withhold others from being able to afford a property and a corrupt government that let's them get away with all of it.
@@rageagainstthewashingmachi2877
So the land lord has provided the capital required to hire people to do a job? This then somehow gives him the right to exploit the people who then need the housing. Ignoring the fact that capitalism naturally trends towards monopoly given its winner takes all and zero sum game system which means that the corporations you talk about are a natural consequence of this system, it must also be asked again why are land lords necessary, especially at this stage of human development, when it would be much more human and easier for the government to manage housing or for collective housing units to be formed. I’m not talking about theoreticals here I’m speaking of policies already implemented by social democratic and socialist nations. Vienna has some of the best state provided housing in the world and for the tenant it costs a fraction of the price an American or a Brit would have to pay to live in their cities with the same accommodations.
Not to mention that the land lord only “provides” jobs when he only has the capital and the ability to do so. The construction worker can still build, the plumber can still fix, etc. Because these jobs and skills don’t just magically disappear when the land lord disappears. The land lord essentially acts as a manager and gets payed much more than the workers who build and maintain the housing he owns. Sure, someone would need to contract the construction company and such but the only reason the land lord has to do it currently is because they own the property and they have the capital. Said capital they leeched from the working tenants who stayed there. As such, the much more human option would be to eliminate (or mitigate as much as possible) the middle man and have the tenants either individually or collectively own the housing they live in or again have the government manage it.
P.S I love how both comments responding to me have called me “economically illiterate” when I’m the only one who brings up economics and economists beyond what you would learn in 4th grade social studies
They needed to replace it with government housing. Raising taxes just pushes the price down the line.
My man uses r/loveforlandlords unironicly
The probably is he is staging it like landlords are good, when often they are providing no value
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Oh bug off. Check out how well Taiwan snd Singapore are doing with Georgism. Wealthy societies, happy people, all thanks to the lack of real estate moguls and landlords
As a Singaporean, uh no, housing in singapore is really just as bad that a single CZcams comment can't fully explain the nuance of it
Bro I am just summarizing what happened
@Koawa not at all. Nothing is free in singapore. Think of the housing system is run by a land lord but the landlord is the government. You can't buy a house until you turn 35 or get married. What is suppose to be affordable housing is now insanely expensive, a 150k home in the 80's now cost 500k to 600k, for a new housing project with each apartment about ⅔ smaller back then with a waiting time of 5 to 7 years. That's if you even can get, even if you are married.
The only people who can get affordable tiny apartments are senior citizens or people so destitute with literally no family, so orphans. Only orphans can by houses below 35. Homelessness is a major issue but it's so hard to spot cause the architecture here is so extremely hostile but extremely subtle. Constant police patrols will force people sleeping on the streets back to whatever legal dwelling they have. You cannot have no address, you cannot change your address on your ID card without a new one.
Landlord. The profession of having other people work so you don't have to 😂
Sounds more like "country finds out land lords are actually important and painting the entirety of industry as evil, corrupt, and greedy because of the bad ones and punishing all of them is a bad idea."
I live there!
I don't think the argument landlord's are good is accurate. if they had actually planned and set up proper renting and purchasing for people then it would have succeeded. the fact that the landlords left after being told they could only charge a certain amount and weren't allowed to line their pockets says much more about the landlords negative impact than a positive one.
Exactly why property shouldn’t be private
Prices were expensive because landlords had to deal with these legal barriers exactly, raising prices of rentals. Now everyone has to deal with these barriers if they want a house and most can't fucking afford it.
Ita almost as if the evil landlords weren't the problem. Its almost as if the government would stop meddling in the housing market this could have been avoided. Keep complaining about landlords though, keep advocating the same government be given more power, uneducated people like you are the exact reason this happened in the first place.
now that is the stupidest idea ive ever heard
Damn. Can I steal the stuff you own yet or? You did say property not land so I’m gonna have to run through your pockets real quick.
I would rather die than give up my property
Landlords aren't the problem so much as giant corporations buying up and monopolizing land and driving up market prices on housing.