Bobby. wrote on Mar 21
st, 2024 at 8:10pm:
I think that landlords should provide air conditioning for tenants.
A box aircon only costs $500 -
that's chicken feed for a greedy landlord.
If you consider that a box aircon is "chicken feed" then the tenants can surely buy it themselves.
And do you have statistical information on how greedy landlords are?
Being a landlord won't make you wealthy unless you have multiple rental properties, and a large proportion of rental properties are owned by couples, more often than not retired, who have one or maybe two properties only. Also, it's not just a matter of raking in the money. there are expenses: agent's commissions, strata levies and, if you're unlucky, special levies, water bills insurance and general maintenance (say when anything goes wrong with the wiring, plumbing, water sealing in the shower and so on).
Owning a rental property is a good way of investing your cash in something that will retain its value and hopefully increase a bit as well. It is not a way to become wealthy, so stop speaking uninformed crap about landlords being greedy.