I feel... insulted

[Froward69]

and I believe it is a direct result of the "compromise" of retaining the Federal tax cuts for the wealthy.
I tried to sleep on it, to possibly shake the feeling. I woke up feeling even more... Insulted.

As most long time DU friends know I am a Democratic capitalist Landlord. Over the years I have run my building with compassion. I love my building, my tenants and I really love receiving fair market rents. I own a very old building I have spent the last 15years restoring it. I repair things correctly the first time. I am understanding of tenants paying late and willing to work with them until they get back on their feet. I help out with Older neighbors and sometimes render assistance to beginners. My philosophy has rendered my building a Jewel in the neighborhood. A place people seek to live in. My Building's Word of mouth reputation routinely attracts people seeking "a Decent Landlord" who "runs a clean, Bug free and fair building." Mind you this is cold calls and/or past tenants seeking a return to living in my building. I maintain full occupancy, without advertising. (return clients is always a good thing, sometimes even coveted in business... especially Land-lording.)
Every Year, I typically receive around 20-40 Christmas/Holiday cards from my tenants and former tenants wishing me well. <-- THIS is my measure of how good of a job I am doing.

Like all successful business I occasionally receive offers to be bought out. Typically they come once or twice a year one at a time. I have always inflated my price to 1) make them go away and 2) If they should agree to my inflated price I would seriously consider selling out and buying another. this second reason is known to the brokers and is why I am kept on their call lists.

I have a Tea bagging Right wing loon next door neighbor, who spent the summer calling inspecting authorities on my Building to teach me the "burden of governmental over-regulation". He Stated just after the election, to a tenant of mine, that I did not deserve My Building. He has also openly wondered how I am a successful landlord with "my liberal attitude".
I do not think this came Directly from him. but I do not doubt he may have complained about me to his friends. I am pretty sure I have raised the standard of Land lording in the neighborhood. I am not easy to compete with.

Last night as I was Watching KO. I received no less than THREE Calls from different brokers in 30min. All representing others (Millionaires) offering CASH to purchase My Building at my inflated price. Aren't property prices supposed to be flat? Why is it No bank is Lending? I am having trouble finding a lender on my home and all I want to do on it is lower my interest rate, With no additional cash pulled out. why is this Impossible?
Certainly NO bank (right now) will lend on a 110yo apartment building. or any other for that matter.

In this economy I see other buildings and single family homes languishing in foreclosure and/or not selling. If I had the cash I would be snapping them up and housing families otherwise on the street.
Now out there are three Millionaires wanting to buy my Apartment Building with cash. insisting to close ASAP!

Obviously that cash they have on hand to purchase My Building with, is cash they would have otherwise had to pay into Federal taxes. No Debt on them, No real work for them as I did it all. NO infrastructure, NO Medicare, NO reducing the national Debt. NO Single Payer... (I digress.) I could not buy back in to the Market on Another Apartment Building, as no bank is Lending. paying cash would only render me in a smaller property if I found one. Or otherwise I would be tossed out of the market on my ass, with no where to reinvest. Yeah I could purchase a McDonalds, Subway or some otherwise profitable business. But Land lording is what I am good at and LOVE.
Like my Greed trumps my compassion in making housing a more honorable profession.:grr:

I feel insulted. :mad: