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glo46 t1_j2p36t4 wrote

I grew up in poverty, gained a skill, worked my ass off, made smart financial choices, and I'm now a landlord in JC. I also still have my salary job, and Im the one that does the standard maintenance around the building.

>Inherited wealth? Sheer dumb luck? Rich dad?

These are all the excuses that people believe in as a consolation as to why theyre not financially comfortable.

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rbastid t1_j2q4p09 wrote

These people moaning are all those who would be given $1 million, and weeks later be poor. They need to give excuses why their own laziness, or their belief that everything should be easy for them, and that usually means demonizing others.

Outside of huge buildings, most Jersey city landlords are locals or people who worked their asses off in order to afford a house. Even if someone inherited the house, they did so from family members (probably parent) who also worked their asses off and were probably still too poor to move out of Jersey city, as anyone who made money Pre-2000s left and went down the shore.

And for these landlords they aren't raising rents to get rich, they're doing so to pay the huge taxes that help those aforementioned moaners get their bike lanes and $50k park fountains.

Hudson county isn't devoid of government housing, so these people could go see what happens when "eeeeeevil landlords" are out of the picture.

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Ilanaspax t1_j2p9zt4 wrote

cool personal story!

What does any of this have to do with your question about how people can afford to buy property if they have no skills?

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