Houses are not “one time labor.”. Housing requires constant scheduled maintenance and upkeep over time.
Not to mention the financing required to pay for it all,which is normally spread over 30 years.
Houses are not “one time labor.”. Housing requires constant scheduled maintenance and upkeep over time.
Not to mention the financing required to pay for it all,which is normally spread over 30 years.
Landlords also do repair and maintenance (jokes aside) to maintain the property in good working order / habitability.
At least, they are generally required by law to do so. Your laws may vary.
Landlords also prep the unit for habitation between tenants and handle all of the paperwork for rent and utilities (depending).
Maintaining housing is very expensive, and many people cannot afford to just drop $25,000 to redo a kitchen or reroof a building when it is required.
So landlords are basically the middle manager between your living at the property, and all of the maintenance and financial details. You pay rent to them for that service.
Where in the world is that? I have never heard of renters paying for maintenance.
In fact, every single rental agreement I signed over 25 years said “contact the landlord if there is a problem” which was backed up by state law.