Look at what the Socialist wing (soon to be mainstream) of the Democrat party has to say about investing:
In a way he is right, but not in the way he thinks. Landlords do not have a Constitutional right to a 12% return. They have a Constitutional right to property. The lend that property out to people for a fee. They might turn a profit, or they might have a nightmare tenant who does $50,000 in damage to a $250,000 rental property. They might have a tenant who refuses to pay and needs to be evicted. COVID proved that the government could simply refuse to allow you to control that property by preventing you from evicting someone who isn’t paying.
Every time you tie money into an investment, there are costs, including the cost of those who default, repairs, taxes, insurance, fees, and more. At the end of the day, some investments are riskier than others. That risk has to be compensated for. Putting money in a CD or a government bond is generally low risk, and therefore represents the lowest return. One year t-bill rates are at 4% right now. That means if an investment is higher risk than a t-bill and isn’t paying more than that, you are better off with lower risk for the same return. Even savings accounts and CDs are at 4.1% or thereabouts.
For 2025, ETFs in the stock market returned about 19%. Rental property is actually a higher risk than is a stock market ETF like SPY (17.72%) or QQQ (20.77%) but is not as profitable, especially when you are in a socialist location like Mamdani’s NYC. That’s why I got out of the rental market earlier this year and put the profits in the market.
Compare the returns for 2026 to date:
- My portfolio: 7.26%
- S&P500: 8.94%
- NASDAQ: 8.35%
- DOW: 6.13%
- Gold and Silver Index: -20.10%
The annual return on my rental was an average of 10.66%. That isn’t very large when you consider market returns over a similar time frame. In fact, the same amount of money invested in the market would average about 10.8%. Renting is a lot of risk and work for not much better of a return.
11 Comments
scarab · July 23, 2026 at 7:47 am
This left bent cock sucker should be deported to the great country of Mexico. The greasy haired scum bag is exactly what most U.S. citizens want deported.
oldvet50 · July 23, 2026 at 7:49 am
I always thought any positive ROI from rental property was good since the real profit will occur when you sell it (NYC excluded, of course). If the property is appreciating in value, even a small loss every month could be a good thing from a tax standpoint – the renter is building YOUR equity. I wished I had bought a house or two @ $100K that are now worth five times that after just a few years.
Divemedic · July 23, 2026 at 10:55 am
The ROI on my rental included the profit from the sale.
JimmyPx · July 23, 2026 at 8:18 am
Most people don’t get all of the COSTS involved in owning a property.
The “boohooers” think you inherited the property, pay nothing for it, refuse to fix things to maximize your profit, kick people out to be mean and swim in a pool of your gold like Scrooge McDuck.
Meanwhile these dumbasses vote for EVERY tax increase that comes along because they think “goodies that don’t cost ME anything”. They ignore the soaring insurance rates and think having inspectors being super picky is a wonderful thing.
Then when their rent goes way up to PAY for all of this, “those bastard land lords, there should be a law man”.
During COVID when they couldn’t evict people, many didn’t pay a DIME in rent and in California used the courts to milk it for a few years. The poor land lord though BETTER pay his mortgage, taxes, insurance and upkeep or he’d lose the place all with not a dime coming in !!
This bullshit reminds one of what happened in Dr Zhivago when the communists took over Russia.
Stefan v. · July 23, 2026 at 8:54 am
Is there such a thing as insurance against tenants?
ghostsniper · July 23, 2026 at 3:41 pm
Ever notice that anyone associated with a gov’t is parasitic?
They are a drain on the productive.
Cancelation is the cure.
Grumpy51 · July 23, 2026 at 6:49 pm
I wonder if notifying the tenants of what the rent increase will be if X passes, with possible written notice for contract changes.
J J · July 23, 2026 at 7:47 pm
I’m finding that I can’t hate socialists/communists enough.
WallPhone · July 24, 2026 at 1:26 pm
“No one has the right to a double-digit ROI”… “It’s not in the Constitution”
Buddy… Your right to breathe isn’t in there either, but lucky for you, the ability to exhale lies about rights originating from government founding documents is.
toofaraway · July 23, 2026 at 10:17 pm
Your thesis, distilled, is “ They don’t know what they’re doing.
Please consider another possibility, They know exactly what they’re doing.
The conclusion is clarifying at that perspective.
TRX · July 24, 2026 at 6:12 am
“How much should they make? What’s fair for the landlord to make?”
—
“Let’s see… you bought that Manhattan apartment building in 1982, and it’s paid off, so everything past taxes, insurance, and maintenance is pure profit. Therefore, the Department of Rent Control says you can’t charge more than $372.00 per month for a three-bedroom apartment, you dirty capitalist rent-seeker!”
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