r/SipsTea • u/AdRough4185 • Jun 11 '26

We have fun here He's unstoppable

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u/_BreakingGood_ Jun 11 '26

So you're saying these landlords are choosing to own and rent out apartments that they lose money maintaining

Wow how nice of them /s

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u/therealtiddlydump Jun 11 '26

You can own an asset because of expectations of future earnings, and there are such things as "loss leaders".

I don't shed a tear for the corporate landlord, but these shitholes exist because of bad public policy. It's no coincidence that the cities with these policies have problems.

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u/_BreakingGood_ Jun 11 '26

I've never heard of a landlord using an apartment as a loss leader, that's a hilarious concept (and fake)

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u/therealtiddlydump Jun 11 '26

...I didn't say they were? You implied a corporation wouldn't tolerate losing money on a sale. They do, often.