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Landlords are one major thing that disproves the labor theory of value

Landlords are one major thing that disproves the labor theory of value | LABOR THEORY OF VALUE; LANDLORDS WHO MAKE THOUSANDS OF DOLLARS JUST FROM OWNING PROPERTY | image tagged in a train hitting a school bus,landlords,economics | made w/ Imgflip meme maker
75 views 2 upvotes Made by Garnet0114 3 days ago in politics
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18 Comments
2 ups, 3d,
3 replies
So, did the landlord work to earn the money to buy the house you live in or did it just magically happen?
3 ups, 3d
The landlord probably started applying entrepreneurial skills as a teenager. Saved money while living below his means (not spending disposable income on weed and tats) until there was enough cash to leverage a loan on a rental property.
3 ups, 3d
The tax code for business (including real estate) is structured in a way to promote the best use of capital to provide for production and the creation of jobs. The rules apply to anyone, with any amount of capital to invest.

Tyler Perry, the entertainment tycoon, is a billionaire. A couple years after he graduated from high school, he was homeless living in his car.

What is your excuse?
2 ups, 3d,
2 replies
For all I know, the landlord probably ran a shady money laundering scheme or pyramid scheme to purchase the house in the first place.
3 ups, 3d
If the landlord is in Minnesota, THEY probably ran a learing center.
2 ups, 3d,
1 reply
The Trump family were landlords. 😜
1 up, 2d,
1 reply
So am i
1 up, 2d,
1 reply
Are you bragging or complaining?
1 up, 2d,
1 reply
Bragging, who would be complaining about getting libs to hand over their paychecks
0 ups, 2d,
1 reply
Do you ever complain about the colour of your tenants? Just askin'. The Trumps got in legal trouble because of their blatant discrimination.
1 up, 1d,
1 reply
White is a color, so no, I never complain about the color of my tenants
0 ups, 1d,
1 reply
You saying you only allow white tenants? Just askin'.
1 up, 1d
No, that isn’t what I said.
2 ups, 3d,
2 replies
Landlords don’t make money just from owning property. To get people to pay rent, they have to build, and maintain housing, pay property taxes, utilities (if included in the rent), mortgages, etc. They have to invest a lot of money up front and take out loans hoping to break even one day.
3 ups, 3d,
1 reply
Yeah, landlords are such an underappreciated hardworking class.
2 ups, 3d,
1 reply
Isn't the labor theory of value that labor creates value, but that it can then be alienated or appropriated (and that's when the crazy real estate bubbles start)?
3 ups, 3d
You're right, labor does create value but I rather agree with it from Adam Smith's perspective. Value of labor can't exist without the free market, there is demand for things in the free market and of course those things require labor. It all depends of what exactly is in demand, if people want a thing then it has value, if a thing isn't something that a lot of people want then the labor put into it doesn't determine the value alone. I can name an example of something with more labor put into it having more value, cheese at the grocery store, a bunch of sliced cheese is more expensive than a whole block because labor of slicing it made it more expensive and people don't like to do the labor of slicing it themselves and the slicing machine and the employee operating it slice it thin enough for sandwiches.
2 ups, 3d
democrats run the best cesspool cities...
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LABOR THEORY OF VALUE; LANDLORDS WHO MAKE THOUSANDS OF DOLLARS JUST FROM OWNING PROPERTY