Landlords spark outrage with victim mentality video

Wealthy businessmen attending a landlord convention have sparked upset with a series of unbelievably privileged statements.

Wealthy landlords have caused a stir after claiming to be the real “victims” of the current economic crisis, despite multimillion dollar property portfolios.

Several property owners were interviewed by Politics Joe outside a landlord convention in the UK recently, where they argued that public perception of them as “greedy” was inaccurate.

One of the interviewees said, while she was the landlord of “just under 10 properties”, she didn’t consider herself to be in that privileged of a position.

Another said he felt not only unvalued as a landlord, but also “despised and ostracised”.

“People despise landlords, they think they’re greedy. Whereas someone like myself has retired and I see it as a way of making some rent,” he said.

One claimed that current conditions had placed “more and more demands on landlords” but left “nothing” for them to benefit from.

“Landlords are the victims at the moment,” he said.

This man thinks landlords are victims. Picture: Twitter/Ed Campbell

Renters ‘despised’ landlords, according to this man. Picture: Twitter/Ed Campbell

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Someone else claimed the onus would fall on landlords to solve the housing crisis while big corporations stood idly by.

“It’s the smaller landlords that are going to be able to do that,” he said.

The same man proclaimed that in times of economic difficulty, people simply needed to find ways to increase their income.

“The cost of living crisis is tough for everybody, I guess what you’ve really got to do is find out ways of making more income, and one of the ways is property.”

A fellow landlord however had more empathy for those on the other side of the fence, saying it was “not right” that landlords were prioritising making money over helping society.

“We’re not doing our job properly,” he said.

“To think about housing [and] humans, and always about making money, and that’s not right.”

A younger landlord conceded it was “unfortunate” that rising rates had forced him to pass costs increases onto tenants.

“Rates and regulations change and things, a lot is getting harder, and unfortunately landlords have got to react to that and you know … offset a bit of that cost,” he said.

“One of my mortgages has gone up 370 per cent, I can’t pass that onto the rent [but] I’ve got to pass a little bit on because I can’t lose money.”

Meanwhile in Australia, the cost of living, measured monthly by the Consumer Price Index, has risen 5.6 per cent in the year to May 2023, according to the latest data from the Australian Bureau of Statistics.

This property owner was scared to lose money. Picture: Twitter/Ed Campbell

Working ‘a little bit harder’ was this man’s solution. Picture: Twitter/Ed Campbell

While that number is the smallest increase to inflation in 13 months, the most significant price rises came from housing (up 8.4 per cent in the last year). Rents have risen 6.3 per cent nationally over the past year.

The median rental price in the capital cities sits at $500 per week – or $1000 a fortnight – an increase of 11.1 per cent over the 12 months to March 2023.

New rental listings across the country fell by 18.9 per cent in April with Sydney, Melbourne and Perth facing the toughest conditions in the nation.

Sydney’s new listings fell by 17 per cent in April and 5.1 per cent in the past year while Melbourne dropped by 20.8 per cent in the past month and 17.9 per cent in the past year, according to PropTrack.

The country’s two biggest cities are also plagued by low vacancy rates, with Sydney’s sitting at 1.4 per cent in April and Melbourne at 1.2 per cent, according to SQM.

The largest falls were in Perth and Darwin, where April listings were ravaged by a whopping 22.2 per cent and 25.8 per cent.