Mr. Valez brings us a teachable moment.


> A thought on landlords:
>
> Why should a landlord expect that rents will cover the entire cost of
their
> investment?  Basically, the renters then pay the note and the cost of
> maintaining a property that they have no interest in and the owner reaps
all
> the "wealth" created as the property appreciates in value both due to the
> market/land value and the mortgage gradually being paid off.

(CM)
I suppose landlords could just lose money, everyday, forever.


> IMO, landlords don't really have cause to complain that the rents aren't
> covering their costs.  They have acquired an investment and as they say:
"It
> takes money to make money", right?  They get the cooperation of tenants to
pay
> down the debt they owe on THEIR investment and then reap the benefits of
it
> through income tax write offs, equity, and long term security.  The
tenants
> MAYBE get a property tax rebate each year for dumping their money into
their
> landlord's pocket.  Oh, they also get a place to live, of course.

(CM)
I suppose we could make everyone a homeowner.  Anybody seen my bottle of
homeowner  potion #9.


> Enough is enough with these property owners (no direct offense intended to
> parties on THIS list).

(CM)  Let us take the test.  In the above sentence take out ' property
owners'.  Insert lawyers, cabbies, reporters, blacks, Hispanics, lesbians,
Germans, Catholics.  Anyone  offended yet? Silence them if you don't like
them. At least that is what Mr. Velez wants.

SERIOUS comment for list members.   Attitudes such as offered by Mr. Velez
are all too common in high office and positions of responsibility.  It's
kind of like finding a publicly ranting bigot holding office in the year
2000.  Just when you think your past some of this stuff, look what crawls
out from under a rock.

Craig Miller
Former Camdenite
[EMAIL PROTECTED]



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