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In this specific example the 4 rental homes likely don't even pay for themselves. Add up the mortgage, insurance, maintenance averages, and property taxes then divide by units and subtract the average rent (include vacancies in the average): that's how much you make per tenant.
At most I could see a profitable location with 4 units covering groceries and vehicles, but not vacations. You would need more like 8 or 9 units for that. Bonus points if they're combined into a single building to reduce maintenance costs and save on heating.
This meme seems to specifically target mom & pop level operations. If the Tenants are really such victims they should just get together buy the property out.
If the Tenants are really such victims they should just get together buy the property out.
If they could do that, they could probably buy a better place and wouldn't have to live there.
And if they can't do that then there are no alternatives to either renting or homelessness.
If a person wants to change the financial system a bit that's fine, but if they just want to outlaw rentals then they're an idiot.
The financial system is failing since decades, maybe we need to make bigger changes
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This person has no idea what he's talking about and we should all ignore him accordingly.