It's right in the name. Lord. they want to exert ownership over someones living situation. i wouldn't be surprised in the next 10-50 years they study the mental aspects of what drives a person to want to be in power over others. probably a genetic trait that's dispositioned in psychotic behavior,like ruling over a another person who couldn't buy the house they live in because the lord bought all the land.
Dude I hate them more than anyone but I'm working in a jurisdiction where the legal term has been changed to "rent provider" and it's a total fucking shitshow. A name is what you make it.