One thing I have noticed is how prevalent the hustle culture has become among Millennials. LinkedIn is a hotbed of narcissism, and Twitter has a ton of self-proclaimed business superstars who have made money by having companies entirely dependent on using foreign labor and providing shitty service for customers. It's quite appalling how often you hear fellow Millennials go on and on boasting about their own "successes" or try to sell themselves without an ounce of honesty.
The hustle of creating "passive income" means that we are going to see a lot of sociopaths becoming landlords and doing the bare-minimum for those who rent from them, and the quality of services will continue to decline across all companies as there is no value in providing a good service, merely making money. The decline of quality we have seen from the boomer generation onward (yes, that includes you, Generation X, you aren't exempt from being self-destructive narcissists like your parents and your children) is going to ramp up significantly.
Some people will say, "blame the system, not the person," but for god's sake, eventually someone has to stand up and refuse to operate as basically a scam artist. For as many supposed "leftists" there are among Millennials, they sure have no qualms about taking the worst aspects of human greed and using that as their core business model.
Am I over-exaggerating here?
I don't have a problem with renting out property you own, I just have a problem with Millennials who put the bare minimum effort possible when renting the property out and treat the renters like shit. Even though the end goal is to make money, you still have a responsibility to maintain the property prior to residents moving in. You also have a responsibility to ensure that the property is maintained in ways beyond the control of the renters. That fact is lost on many landlords and the Millennial hustlers often embrace the slumlord mentality.
Yeah, I get that, if it's any consolation I've done my property up in a pretty damn posh way compared to a lot of people because I fully intend to live in it. Previously mentioned issues with my country and what could potentially happen towards 2024 aside. My ideal scenario is I go country hopping every now and then and explore the world a bit but I'm taking a wait and see approach with the UK and preparing for the worse.
I feel like though people need to understand if I did actually rent this out at least in the UK I don't know how it is in any other country, I could almost set it at any price that I wanted and I would probably have about 20 different people all vying for the same property. It's so bad that I could probably afford to kick those 20 people out if they ever had a problem and I would get another 20 suckers in all willing to pay the same price.
It's completely fucked and this is an example of why mass migration is such a terrible idea but I thought I'd just lay out the numbers for you guys so you know exactly how ridiculous it is in some countries and why people are doing this. If there wasn't such a mass import of people going on the landlords would be forced to compete with each other on quality in order to get people in but they don't have to. So instead the millennials and business owners are getting property, doing it up to the bare minimum standards and they can fuck off to a much nicer foreign country and live it up on passive rental income for the rest of their lives.