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zeroonetwothree 7 hours ago

There’s also a psychological benefit of not having to worry about most problems. Sink broke? Call landlord to fix. Roof leaking? Call landlord to fix. And so on. You never have an unexpected $20k repair show up.

And while I agree that it’s nice to customize things to your preferences, this has a downside in that it’s easy to get carried away and overspend. Might as well get the nicer finishes when you are remodeling, right? After all you’re paying so much for labor anyway. And you can’t have just your kitchen nice, now you need to upgrade the flooring in the whole house. And soon your small $30k improvement is $150k

waffleiron 7 hours ago | parent | next [-]

> Sink broke? Call landlord to fix. Roof leaking? Call landlord to fix

Most landlords I've dealt with are an absolute pain to deal with when something breaks. It's often not that easy, maybe in high-cost / luxury rentals. Arguing over what is normal wear-and-tear, while knowing you cannot afford decent legal advice, and you also can't pay for the "unexpected repair" is just as bad.

> And you can’t have just your kitchen nice, now you need to upgrade the flooring

Yes you can. There is no need to have everything perfect...

Edit:

> You never have an unexpected $20k repair show up.

If this was even close to coming even with the added cost on rent, no one would be a landlord. It's obviously a lot less than rental overhead. So people could just set that aside (or get insurance).

HDBaseT 20 minutes ago | parent | next [-]

You hit the nail right on the head.

As a renter, you are stuck between a rock and a hard place.

Contacting your landlord to get something resolved is a nightmare. Majority of the the time they will refuse to cover it and refuse to send someone out.

Majority of the time they will also not let someone come fix it, without approval, because you aren't not allowed to make modifications to someones property.

We had a fan which died upstairs in a bedroom. The downstairs had an aircon although it was a living room. We requested the fan get replaced multiple times, 13 months late (two different rent increases later) the fan was still not replaced. A third price increase without the fan being replaced and we moved.

saalweachter 6 hours ago | parent | prev | next [-]

I've dealt with two kinds of landlords.

The good one(s) acted like their job was providing the service of housing. They had a budget and paid themselves a salary, and if there was money left in the repair budget at the end of the year they used it for improvements to the properties.

The bad ones treated it as an investment. My rent money went into their own pocket, and any expenses -- repairs, taxes, mortgage payments -- had to come out of their own pockets, and they did their best to not pay for any of them.

nerdralph 22 minutes ago | parent [-]

My wife and I have a few rental properties that I manage. They are investments, chosen based on return on investment and equity (ROI/ROE). Maintenance costs were factored into those calculations. We take care of repairs not because our job is "providing the service of housing", but because we are honest and would not sign a lease (or any contract) in bad faith. When the lease says the property includes appliances, then we ensure broken appliances are fixed or replaced promptly. If/when we can't make a reasonable ROE on a rental property, we don't cut corners to squeeze a bit more profit out of it, we sell it and invest the money elsewhere.

jjice 6 hours ago | parent | prev [-]

I've found that it's pretty much split between if I have a landlord that's just a guy with a few houses vs a property management company. When I lived in a complex (cheaper than my current rent by a mile because it was in NC), maintenance would be over in a matter of hours. When I've had a single guy, it's often days (unless it's a truly urgent issue).

I'm under a guy that just manages 20 or so doors now and he's a good dude, but I have to wait a longer time, generally, like when my heat wasn't working at the beginning of the winter and his plumber had the flu. Luckily it wasn't bad weather yet, but I definitely felt the potential for strain.

cucumber3732842 6 hours ago | parent [-]

There's an uncanny valley between "I own three properties in a 1mi radius and live in one of the units and will swing by after work" and "the company has fulltime maintenance employees" where maintenance is the worst.

JuniperMesos 6 hours ago | parent | prev | next [-]

> There’s also a psychological benefit of not having to worry about most problems. Sink broke? Call landlord to fix. Roof leaking? Call landlord to fix. And so on. You never have an unexpected $20k repair show up.

I've never understood why people argue that the model of appealing to a landlord to perform house work is psychologically superior to doing that same work yourself. As a tenant, you have an inherently somewhat adversarial relationship with your landlord - they want to minimize costs, and they aren't the ones directly living with the household problem. You are living in their property and are bound to what they replace or repair, and how, and to some degree on what schedule.

Not being able to make my own decisions about what constitutes a household problem and what should be done about it is the single biggest annoyance of renting for me. It's the main reason I would like to live in an owned home; and this intangible facet of living is more important to me than any financial argument about the costs of renting vs owning.

c0nsumer 6 hours ago | parent [-]

You illustrate this nicely.

Just something as simple as "that ceiling fan doesn't work so well, and squeaks once in a while when on high" can easily be remedied yourself when owning the house by just going buying and installing a new ceiling fan.

Regardless of how handy one is, with a landlord that's generally not allowed without permission, the landlord often won't install as nice of one as you might like, etc.

This goes for every fixture that's not part of the rental. Major appliances, flooring, even door knobs... Like if you suddenly want an electronic keypad on your deadbolt.

Of course, this flexibility has to be something you care about. Not everyone does, but for those of us that do...

Mezzie 5 hours ago | parent [-]

If you live somewhere long enough and under a negligent enough landlord, you can just do a lot of those upgrades anyway and either take them with you when you leave or just chalk them up to practice for when you own a place.

I've lived in my current apartment for 9 years and I've never met the guy who owns it now (it was sold). I'm also not getting my deposit back, so that doesn't matter.

It's the big stuff that's annoying. Can't install A/C or an exhaust fan in the bathroom, for example, simply because I can't afford it. I'd totally feel comfortable upgrading the stove/fridge and tossing theirs or putting it in the basement. They're not going to find out until I move out anyway.

somehnguy 5 hours ago | parent [-]

> They're not going to find out until I move out anyway.

Maybe. Probably, given what you've described. But you're still relying on an assumption and the behavior of someone else. It could be sold again tomorrow to an owner who has a real problem with those sorts of changes and it would be out of your control.

throw0101c 7 hours ago | parent | prev | next [-]

> There’s also a psychological benefit of not having to worry about most problems. Sink broke? Call landlord to fix. Roof leaking? Call landlord to fix. And so on. You never have an unexpected $20k repair show up.

"Rent is the most you'll pay for housing, but mortgage and property taxes is the least amount."

tracerbulletx 7 hours ago | parent | prev | next [-]

You can pretty much always finance a repair that size and amortize the expense so that it works out ok.

thrance 6 hours ago | parent | prev | next [-]

> There’s also a psychological benefit of not having to worry about most problems. Sink broke? Call landlord to fix. Roof leaking? Call landlord to fix. And so on. You never have an unexpected $20k repair show up.

Not my experience, at all. All landlords I've had were lazy assholes who did the bare minimum, but never forgot to increase rent on the 1st of January, every single year.

Paying someone else for no other reason than to have the right to a roof is Middle Ages shit, that future generations will no doubt liken to serfdom.

I_dream_of_Geni 5 hours ago | parent | next [-]

To be fair, there's piles of sh*tty renters too, who abuse the system and ruin the experience for everyone. If you have ever been a landlord, especially in certain market areas, it pays to be that "lazy asshole", otherwise you'll lose your shirt (and more). Ask me how I know....

tstrimple an hour ago | parent [-]

I bought a house shortly before unexpectedly relocating to SoCal. It didn't make any sense to sell, so we rented it out while we were there. The renters never seemed like a problem. Payments kept coming in as expected. They moved out and we took the place back over and found out they had converted one of the bedrooms to an indoor pet bathroom. Literally let their dogs shit and piss all over the floor. I always got annoyed trying to find a rental that would accept pets because our children have always done far more "wear and tear" on the house than our pets have. But after that mess we were left with it makes a lot more sense.

sokoloff 2 hours ago | parent | prev | next [-]

Where should housing come from if not by paying someone for it (either by the month [renting] or for an eternity [buying])?

My uncle built his own house; it took him ages (and still hundreds of thousands of dollars to buy the materials and land).

hdgvhicv 6 hours ago | parent | prev [-]

If you treat renting as a longer term hotel it’s fine. If you move to a city and want o know where to live you probably want somewhere short term for a year or two.

It’s when you are looking at long term living that there’s a problem.

UncleMeat 5 hours ago | parent | prev | next [-]

My experience is that getting a landlord to fix things is a nightmare. They say "oh I'll send someone over" and then when there is a no-show you have no idea what happened and its days of back and forth to get somebody out to fix things.

I don't think I have ever once had a positive "hey this is broken let me call the landlord and they'll fix it quickly" experience.

rustystump 6 hours ago | parent | prev [-]

I have lived/rented in many states and still rent. The overwhelming majority of landlords are cheap af. I had the ceiling collapse in an office due to clogged ac drain only to have it happen again because the land lord was too cheap to hire a professional contractor. The pro had the ac clog fixed in 15 minutes.

The current place has this stupid thing where the dishwasher is attached to a circuit that has ac on it so if you run both it flips. I have to flip the breaker everytime i use the dishwasher.