this post was submitted on 18 Oct 2023
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The equity is still there, dumbass, you just still owe on the mortgage.
You bought it a year ago?! How could you not see this was a likely thing to happen a year ago?
Ah, landlords. They truly labour harder than anyone else.
Some people do work hard. My aunt and uncle in law have an airbnb that they spent like 9 months renovating.
Not every landlord is a money hungry corporation.
My other uncle in law is only a landlord because he inherited the property.
If they truly cared about it, they'd admit it was a hotel, pay for the zoning change and pay their due taxes.
No shit. The writing wasn't just on the wall, it was spray painted on the ceilings, too!