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by sudosysgen 1736 days ago
Plenty of landlords subcontract maintenance, actually. There is landlording, and there is maintenance, some landlords do both, many do no maintenance themselves.

So through market calculation we can deduce that maintenance is only a small part of rent, the majority of rent is derived from being a middleman with the bank.

This is not the case for a restaurant, you'll find that all of the value in takeout comes from the labour and the capital necessary to make that labour efficient.

Would any landlord sign an agreement stating that you would do all the maintenance and then allow you to live there for free? Of course not.

2 comments

> Would any landlord sign an agreement stating that you would do all the maintenance and then allow you to live there for free?

This happens frequently enough that you can find a number of articles on how to approach that very arrangement from a tax perspective[0].

[0]https://homeguides.sfgate.com/record-work-done-rental-proper...

That's not what work done in lieu of rent means. Work done in lieu of rent will only replace part of rent. For example I might get annoyed that repairs aren't getting done and offer to do them instead of paying on month of rent as part of a yearly lease, but no one will allow you to only do maintenance and never pay rent.

Show me someone who, on the open markets, offers to allow you to live in a property in exchange for nothing else.

>no one will allow you to only do maintenance and never pay rent.

> Show me someone who, on the open markets, offers to allow you to live in a property in exchange for nothing else.

Property caretaker

A property caretaker is a person, group, or organization that cares for real estate for trade or financial compensation, and sometimes as a barter for rent-free living accommodations.[0]

[0]https://en.wikipedia.org/wiki/Property_caretaker

‘ you'll find that all of the value in takeout comes from the labour and the capital necessary to make that labour efficient.’

Last time I checked kitchens and kitchen equipment are not immune from entropy…

Kitchens and kitchen equipement are necessary to allow cooking, but repairing the kitchen by itself provides zero value to anyone.
Huh? Even a kitchen not in use provides value as all tools do. Unless you don’t believe that tools have latent value?