Hannibal Burress doesnt support rent control and is a landlord and cacs are turning on him

[No1]

As a landlord , rent control is poison. Not because Im a greedy slumlord, but because it rigs the market in FAVOR of slumlords who own 10s of dozens of properties or more and have property management cos managing them.

Woke cacs don't know that they been spending they lives breezing through life drunk while mommy and daddy paid their way threw everything

Yeah, this is nonsense. The logic doesn’t make sense but apparently people like @DatManJay negging me for pointing it out lol. This is a ridiculous thread. Go research the effect of rent controlled housing in NYC and why developers hate it. It stops them from buying up properties and raising the rent to exorbitant rates to kick out the tenants living there to get “preferred” clients. They would use loopholes like “owner use” to justify raising the rent on an apartment. Or they would find a means to evict tenants so that they could then raise the rent of an apartment by 20 percent. Or if they improved something like a boiler, they’d raise the rent by 6 percent. In other words, based maintenance to the building could justify a 6 percent rent increase. Rent control limits that to two percent in NYC. You’re acting like people are out here going broke being landlords. But go ahead, y’all can neg me again for pointing this out. Your notion that this protects slumlords is hilarious. A lot of you nikkas need to admit that you don’t know what you’re talking about or you’re self-interested and don’t give a fukk. There is an affordable housing crisis in this country and you’re posting this nonsense as if every landlord’s association isn’t fighting and lobbying against rent control.

 

[TallMan_J]

Yeah, this is nonsense. The logic doesn’t make sense but apparently people like @DatManJay negging me for pointing it out lol. This is a ridiculous thread. Go research the effect of rent controlled housing in NYC and why developers hate it. It stops them from buying up properties and raising the rent to exorbitant rates to kick out the tenants living there to get “preferred” clients. They would use loopholes like “owner use” to justify raising the rent on an apartment. Or they would find a means to evict tenants so that they could then raise the rent of an apartment by 20 percent. Or if they improved something like a boiler, they’d raise the rent by 6 percent. In other words, based maintenance to the building could justify a 6 percent rent increase. Rent control limits that to two percent in NYC. You’re acting like people are out here going broke being landlords. But go ahead, y’all can neg me again for pointing this out. Your notion that this protects slumlords is hilarious. A lot of you nikkas need to admit that you don’t know what you’re talking about or you’re self-interested and don’t give a fukk. There is an affordable housing crisis in this country and you’re posting this nonsense as if every landlord’s association isn’t fighting and lobbying against rent control.

You neg me and call me “broke”, but you’re all in this thread crying about evil landlords. Complaining about how rent isn’t affordable. Sounding like a Liberal/Socialist hipster white boy. I was responsible and reasonable and worked hard to purchase a home. No worries about rent this way. Now if you want to debate property taxes, then I’ll have some complaints.

 

[UberEatsDriver]

This reminds me of the nydailynews exposing Deblasio if fighting for affordable housing but coming to find out he rents out his properties at prices that match the market rate lol.

 

[Rawtid]

So, if Im trying to move out of my folks place, can't afford to pay rent on my own, need 2-3 extra people to split the bill, still stuck on Min. Wage and/or school , then the landlord decides to up the price, Im selfish because I want to live in a place that I can afford? Buying a place/car isn't all about credit, people just aren't cool with the cost of living going up. Sure we shouldn't put all the blame on LLs and people gotta be smart with money, but why pay double than what you've paid for the same place you've always lived in

Lol you couldn’t afford to move out of your parents house in the first place. So no, the landlord isn’t entitled to provide you an affordable place to stay because you didn’t like the affordable option.

 

[UberEatsDriver]

@kwazzy100 heres some advice. Stay at your folks place and save money (unless of course you come from a very physical toxic home). You sound entitled in your post.

And as far as being stuck on minimum wage. That isn’t a thing I’m sorry. Learn to look up opportunities that will elevate you from minimum wage or get a second minimum wage job



I didn’t choose to leave my folks place and so far I’m close to finishing up my savings to own property.

 

[h2o_proof]

As a landlord , rent control is poison. Not because Im a greedy slumlord, but because it rigs the market in FAVOR of slumlords who own 10s of dozens of properties or more and have property management cos managing them.

Woke cacs don't know that they been spending they lives breezing through life drunk while mommy and daddy paid their way threw everything

True

Also if you're renting, you need to know you're living in 'temporary housing'. I don't care if it's the slums or a high-rise condo, if you're renting you're food! You're part of the market and the market is all about competition. As long as there is someone willing to pay more than what you're paying that's just the game and you can't put a cap on what people who own property can earn otherwise it will impact everyone adversely.

 

[FocusedDaily]

The reaction to a black man owning a 3 unit building that he lives in and renting out the units is insane.
There are millionaires and billionaires that own chunks of entire neighborhoods here in chicago, I'm talking dozens and dozens of 40 unit buildings. But 21 year old socialist whites have been harrassing this man on social media since the weekend, and wishing death on him cause he owns 1 building on the north side ???

NY and LA being outliers, in the rest of the country property ownership is not that crazy of a stretch. I bought my first house at 21 when I was making 32k a year, it was "as is" , in Roseland on the south side, but it was MINE. I didn't spend a lot on clothes, or kicking it, and worked OT for most of my 20's to fix it up get to a point when now I've moved and rent that property. Now I expect to see returns from the sacrifices I made all those years, but somehow that makes me a bad person ? I'm supposed to charge them less than 10% over my actual overhead costs, but be able to come up with money for a furnace, or hot water heater, or building repair out of thin air ? Nah. I'm never gouging, hell I charge below market rate, but I'm not apologizing for making money

 

[BezO]

If you charge a fair price, then you're not really the type of landlord being discussed here.

And a low income household thinks anything they can't afford is unfair. You can't ignore the increase in value just because you can't afford it. This is not a landlord issue. It's income disparity. Your beef should be with the corporations & small business payin' low wages, increasin' disparities in income.

And if you're political about it, your beef should be with the government's choice of economic structure and/or their lack of regulation and affordable housing programs. It's a capitalist society. Fair market is what folks are willin' to pay, not what low income folks can afford.

 

[PoorAndDangerous]

Some of you are parroting right wing big business oligarch talking points, Jesus christ.

 

[MasterOfAllHeSurveyz]

you confirm they won't provide social social media info or just don't use social media?

If they're disabled, a vet or live on a fixed retirement income, I'll make an exception. Anyone else who says they don't have any social media are more than likely lying.

I would imagine the type of tenants you approve don't actually stay long.

With that type of financial discipline it seems they would move on and up in life.

Has that been your experience?

I looked in my CRM, my average tenant stays for about 6.4 years. You treat people like people, they act like people. My mindset totally change when I read a book by a brother out of the Sacremento, CA named Al Williamson. He's all about turning "bad" neighborhoods completely around through rentals.

His book "Inner City Rentals - Success The Catalytic Landlord Way" is how I run my rentals in class C neighborhoods. I fully embrace the Catalytic Landlord concept.

There's a lot of misconceptions about tenants in the Sec8 program. Some of my tenants are the disabled (I'm the only one in my area that provides ramps at no cost), two are Vietnam vets (who used to be homeless) and several are retirees that only have SSI income and/or a small pension.

 

[Thanos]

Some of you are parroting right wing big business oligarch talking points, Jesus christ.

Yup

• Just get a better job
• Just buy a house
• Stop being lazy and do better.

All targeted to people who are struggling with little they have.

 

[EndDomination]

Lol so if landlords can't make a profit off of their property they paid for, and decide not to buy property, what's the next move?

Let me guess, the Government should just take over housing and assign everyone a place to live right?

But don't put me in some icky suburb or county, I need to live in the city. Me and 50 million other millennials.

What do you mean there's not enough room for all of us?

But seriously, it seems like a whole generation of people just completely don't understand supply and demand. They take it as a personal attack when things they hype up and covet increase in value.

Everyone from Adam Smith to Marx to Ella Baker thought the concept of landlord and GDP growth based on unproductive capital accumulation is absolute bullshyt.
You have to stop with these ahistoric "this generation" arguments.

 

[EndDomination]

And fukk landlords by the way.

 

[EndDomination]

I’ve seen arguments that rent control doesn’t keep rent controlled it actually ends up driving the cost up since it puts a limit on the amount of rentable property.

Landlords suck but the real issue is wages not keeping up with the cost of living/ inflation.

Or both are issues.
In places with extreme demand, rent control is fine as long as there is a continued increase in the availability of affordable housing.
The only issue is greed (or what bootlickers call "supply and demand") and local municipalities that limit the building of housing.

 

[STEVE]

People don't care...

For all the "wokeness" of modern people, I'm realizing that it's all theatre.

They operate on the principles of envy, selfishness, and a refusal to self reflect and take accountability for their actions.

The landlord has more than me so he's evil - envy

I don't care what his expenses are, this apartment needs to stay the same price forever because that's how I want it - selfishness

I shouldn't be punished for ruining my credit and not being able to purchase a home and still rent well into my 40s - refusal to take accountability

If you look at those 3 principles you'll see a lot of the motivations of "progressives" they just try to dress it up by pretending to care about some marginalized group who will probably get fukked over in the end by the policies they champion

LOL You're an idiot.