The Wealthy Idiots Show

(Part 2) Landlord Reacts: All Housing Should be Free


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Are landlords really that bad? This video makes that claim landlording in itself is parasitic so it must mean that all landlords are bad. AJ responds by explaining the simple economics of meeting a need isn't inherently good or bad and the original poster might be simply looking for someone to blame for his frustration.


Original Video:

@Second Thought

https://www.youtube.com/watch?v=m1m7WmKJZyQ


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00:00 Introduction

00:25 Just buy your own home

01:03 Where do people live if they can't afford a home?

01:55 Bank deny people mortgages who can afford rent payments of the same amount

04:19 Renters pay the mortgage but are left with nothing

05:10 Renters can't save enough to buy if they are renting

05:54 People don't have enough money management skills to buy

08:07 Homelessness is the only option if you can't buy or afford to rent

10:09 Evictions are violent

11:55 Every lease you've had has been signed under duress

12:57 Landlords create artificial scarcity

13:27 A lot of the housing supply is held by Wall Street

16:00 Free housing is the norm in other places in the world

18:29 Government could do it better

18:49 Conclusion



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The Wealthy Idiots ShowBy The Wealthy Idiots