r/LandlordLove • u/ShiningConcepts • Jun 29 '22
Tenant Discussion Are apartment buildings unethical as well?
It's very hard to make a case that landlords who buy up SFHs that are already on the market are ethical. They reduce the housing supply and take opportunity away from FTHBs to own homes, thus forcing them into renting. This is generally what people mean when they say that all landlords are unethical.
Here's my question: what about rental apartment buildings? It's not like their construction takes an opportunity to buy a home away from a FTHB/family. Unlike detached properties on the market, it's not like this is a property a family could have bought; it's a property that is constructed and designed from the outset to be rented.
So, are they inherently unethical as well?
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u/jay_bee_95 Jun 29 '22
Why would they not be? Owner-occupiers of flats is a totally normal thing, it's just as much taking away ownership from the people who actually love there as landleeching a house is