Did you know that you can be a landlord too, even if you can’t afford a whole house? There’s such a thing as a REIT (real estate investment trust) where you can buy shares in a company that owns and rents out real estate and sends you your share of the profits while you don’t have to do anything except give up the option to invest that money somewhere else, which is actually really important.
I don’t expect everyone here to be able to invest in the stock market; my point is that there are easy ways for even middle-class people to obtain income from rent and yet most of them aren’t doing that because other types of investments are usually better for them. Being a landlord is not some unique source of money for nothing; it’s one of many ways to invest your money in a productive asset and usually not the best one.
Did you know that you can be a landlord too, even if you can’t afford a whole house? There’s such a thing as a REIT (real estate investment trust) where you can buy shares in a company that owns and rents out real estate and sends you your share of the profits while you don’t have to do anything except give up the option to invest that money somewhere else, which is actually really important.
I don’t expect everyone here to be able to invest in the stock market; my point is that there are easy ways for even middle-class people to obtain income from rent and yet most of them aren’t doing that because other types of investments are usually better for them. Being a landlord is not some unique source of money for nothing; it’s one of many ways to invest your money in a productive asset and usually not the best one.