Does having an AirBNB setup make someone deserving of the guillotine or does that only apply to owners of multiple houses? What about apartments?

Please explain your reasoning as well.

  • Thorny_Insight@lemm.ee
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    6 months ago

    there’s no such thing as money for nothing, if you’re getting money and doing nothing it’s because someone else isn’t being properly paid for their work

    I earn around 3 to 6k a year of passive income from owning stocks. It’s passive because once I’ve bought the stocks I no longer need to actively do anything to earn interests but it’s not “money for nothing” either because I had to work to earn the money to invest and having one’s money invested into someone else’s business is always inherently risky. Interests are compensation for the risk I’m taking by buying shares in a company and betting on it’s success. Renting property is effectively the same thing. It’s not necessarily what you do that makes it good or bad, it’s how you do it.

    • Cataphract@lemmy.ml
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      6 months ago

      I’m not sure what angle you’re coming from here. Anything with a risk involved is inherently not bad? or the origin of the investment capital was morally sound, so the profit off the investment must also be morally sound? I’m not even going to touch on the fundamentals and optics of the stock market at this point and what it has done to the economy, business practices, enshittification, etc etc.

      • Thorny_Insight@lemm.ee
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        6 months ago

        Anything with a risk involved is inherently not bad?

        No, but that it’s not money for nothing. It’s compensation for the risk I’m taking of never getting my money back.

        It’s not obvious to me that any of this is inherently bad. Like with everything it depends on how you use it. Greedy landlords that don’t do their duties are bad. It’s not the being landlord itself that’s the issue. Me owning a small part of a company isn’t bad - that company treating its employees bad and polluting the envoronment is.