Landlording is a trap. Sure, you aren't selling your labor, but now you are functionally ruled by others who do; your renters. You are also responsible for any repairs, must follow all applicable laws, the process and expense of evictions, insurance and taxes, as well as all the other shit involving owning property. You are also exposed to the greater economy through your renters who sell their labor. All of this is worse if you took out a loan. Congratulations, you are now the (unpaid) property manager for the Bank, and you won't see any equity until you're 25% through your loan repayment schedule. To end with a fiery exclamation point, all of this machinery assumes housing prices go up. Ask Japan how their property bubble went...
lowkey seize the means of production so you stop selling your labor and working so hard. It turns all of the machines and productivity of the world away from being menaces to the working class into allies and assets. The Falling Rate of Profit is at the same time The Attenuation of Necessary Labor needed to make commodities, giving us more of that free time to explore being human. It's also dis-alienating, as you are no longer a single Sisyphean automation rolling the stone of Work everyday, but deciding what Goal, and thus what Work, is necessary to achieve that Goal.
Friendly reminder that Friedrich Engels was a Capitalist and a Class Traitor. Go form a tenant's union and take over your landlord's rental property.
Landlording is a trap. Sure, you aren't selling your labor, but now you are functionally ruled by others who do; your renters. You are also responsible for any repairs, must follow all applicable laws, the process and expense of evictions, insurance and taxes, as well as all the other shit involving owning property. You are also exposed to the greater economy through your renters who sell their labor. All of this is worse if you took out a loan. Congratulations, you are now the (unpaid) property manager for the Bank, and you won't see any equity until you're 25% through your loan repayment schedule. To end with a fiery exclamation point, all of this machinery assumes housing prices go up. Ask Japan how their property bubble went...
lowkey seize the means of production so you stop selling your labor and working so hard. It turns all of the machines and productivity of the world away from being menaces to the working class into allies and assets. The Falling Rate of Profit is at the same time The Attenuation of Necessary Labor needed to make commodities, giving us more of that free time to explore being human. It's also dis-alienating, as you are no longer a single Sisyphean automation rolling the stone of Work everyday, but deciding what Goal, and thus what Work, is necessary to achieve that Goal.
Friendly reminder that Friedrich Engels was a Capitalist and a Class Traitor. Go form a tenant's union and take over your landlord's rental property.