Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcuts
Comments are lockedStickied post

Every time you try to bring up the fact that landlords are lining their pockets (leeching) off of hard working people, you get capitalists jumping in and saying something like "landlords are common people too! They dont make that much, they have small margins!" Im here to prove that wrong. I worked for several landlords as part of my job. They are terrible people who see renters are nothing more than numbers in their books. They have no sympathy or emotional connection to their lives. They are only there to extract money.

Let me break down an example of a landlord I worked with. He owned an apartment building (24 units) with no full time employees and had a set number of expenses and profits that looked like this.

  • - Each unit rented for $1,600 with no vacancies = $38,400
  • - property taxes = $3,166 (Newmarket, ON)
  • - repairs for that month = $1,300
  • - upkeep/maintenance = $400
  • - insurance = $1,500
  • - Waste management = $40
  • - basic utilities = $360

$6,766 in total expenses - $38,400 gross rents = $31,634 in profit.

And capitalist might cry about how the landlord has a mortgage, so lets be outrageous and say 50% of that goes to the bank. Still profiting $15,817 from one small building. Also, there's this thing called "depreciation" which allows them to take off a giant chunk of thier reported income so they pay close to no taxes on that $15,817. This isn't including the other incredible amount of personal tax write offs they can make including car expenses, home offices, trips etc.

This is their idea of a struggling small landlord.

Community Details





A One-Stop-Shop for Evidence of our Social, Moral and Ideological Rot.

Create Post
r/LateStageCapitalism Rules
No Capitalist Apologia
Bans are at moderator discretion
Slur policy and evasion of it
No Democrat or Republican support
Don't be a troll
No Brocialism
No Sectarianism
No Liberalism
No Bigotry
No anti-socialism or anti-communism

This sub is for:

1. The horrible things that the capitalist system forces people to do in order to survive within it.

2. Zesty memes, videos and GIFs that critique the social, moral and ideological decay of western capitalist culture.

3. The larger trend of corporate immorality and the increasing commodification and marketing of things that should not be commodified or marketed (such as social justice movements like the Starbucks 'race together' or Gay Pride).

4. Mocking the general hypocrisy and irrationality of Capitalism as it accelerates the process of digging its own grave.

5. THIS IS NOT A DEBATE OR EDUCATION SUBREDDIT. If you wish to debate or learn more, visit the links in the sidebar, the material in our wiki, and our Crash Course on Socialism, Glossary of Socialist Terms, and our Socialism FAQ

Join our Discord server for more discussion and spicy memes


  • Brigading from other subs, spamming, trolling, harassment, personal attacks on fellow users, bigotry, ableism, intolerance and hate speech are all bannable offenses.

  • We do allow links to threads and comments on Reddit as long as they are relevant to the content guidelines and follow the rules. Use np links or your post will be deleted.

  • Do not post NSFL Content, it will be removed.

  • Support for capitalism--and the political parties which uphold it--is strictly prohibited; comments showing support for capitalism and capitalist parties and politicians will be removed and the user punished at moderator discretion. As a corollary to this, anti-socialist and anti-communist comments are also forbidden. Anti-socialism/communism is pro-capitalism.

  • Every user is expected to have a basic level of understanding and acceptance of socialism and communism before commenting here. Liberalism (the ideology of capitalism), and defending Liberalism is strictly prohibited. This means conflating socialism with anything the government/state does, or suggesting that communism is anything other than a stateless, moneyless and classless system where the means of production are owned by the community.

  • No sectarianism. This is a space for all comrades and all leftists. You are allowed to offer nuanced critiques of other leftist positions, but undermining socialism and/or communism as a whole is not permitted.

  • Mods are getting stricter with content quality. Shit content that does not fit the content criteria (like posts about Basic Income) will now be removed.

  • All bans are at mod discretion for violating specific rules or the general anti-capitalist and pro-socialist, pro-communist nature of the sub. Nobody, not even the mods, has an inviolable right to be here. We're not going to try to make people who don't belong feel welcome.

  • This subreddit is a safe space. Any bigotry, racism, sexism, homophobia, transphobia, ableism and classism is forbidden. Participation in reactionary subs, subs that tolerate or tacitly endorse the aforementioned behavior, will lead to automatic bans.


This subreddit has its roots in broad-based anti-capitalist thought, with an underlying Marxist tendency that is steeped in intersectionalist Critical Theory.

When it comes to proposed alternatives to Capitalism, it is the general consensus of this subreddit that the contradiction between Capital and Labour must be eliminated; the working class should own and control the means of production. We call this socialism.

Sidebar image credit: Barbara Kruger

This subreddit stands against hate speech

AMA Calendar (All times are in US Eastern Time)

Name Occupation Date/Time
Rose Lichtenstein South African union activist Friday, June 15, 6pm UTC+2 (12pm EST)

AMA Archive

Relevant Subreddits:





External Links:

Why not subscribe?

at least soros pays a living wage
Viet Cong
Daniel DeLeon
Weep for the lost earth and the future that will not be.
the egg of truth
All reactionaries are paper tigers
Cookies help us deliver our Services. By using our Services or clicking I agree, you agree to our use of cookies. Learn More.