Why are landlords given free rein to cripple the economy by pricing workers out of important major cities ?

[ColdSlither]

Should we bring back high rise government housing

It would have to be done right and like what they do in Vienna.

 

[BigMan]

Gentrification is good?

Gentrification is a wry loaded term so it depends what you mean by gentrification if you want to consider it good or bad

 

[WesCrook]

Evictions are 50% higher than before the pandemic.

 

[CopiousX]

Greed.

Ruthless and unchecked capitalism.

The love of money is the root of all evil. Once again the Bible is right. God is always right.

Actually, i think capitalism is the solution here.


I think housing can be solved in a bulk rate if employers stepped in and offered it as a benefit, kinda like how health insurance is unaffordable unless you are in a group plan. They dont even need to own the properties or even pay the entirety of a mortgage/rent; they only need to come in as a big, longterm client with many stable tenants to offer landlords. Most landlords would gladly lower their rates for a stable longterm contract with a mega employer like google or Tesla or wells fargo.


Housing is expensive because you have many individuals acting alone. It needs to be done in bulk, group bids on entire properties in cities (or blocks of homes in suburbs).

 

[Water]

Actually, i think capitalism is the solution here.


I think housing can be solved in a bulk rate if employers stepped in and offered it as a benefit, kinda like how health insurance is unaffordable unless you are in a group plan. They dont even need to own the properties or even pay the entirety of a mortgage/rent; they only need to come in as a big, longterm client with many stable tenants to offer landlords. Most landlords would gladly lower their rates for a stable longterm contract with a mega employer like google or Tesla or wells fargo.


Housing is expensive because you have many individuals acting alone. It needs to be done in bulk, group bids on entire properties in cities (or blocks of homes in suburbs).

Having your housing being tied directly to your employer seems like a really bad idea..

 

[FishNGrits]

Having your housing being tied directly to your employer seems like a really bad idea..

It might be the worst idea I’ve ever heard

 

[CopiousX]

It requires a basket of solutions...

But one of the first ones is vacancy tax for residential and commercial buildings and limits on foreign ownership/speculation.

I dont think you can limit foreign ownership because they can still buy these things using us-based complex financial derivatives.


For example, Imagine a trust or reit based in new jersey with 49% chinese ownership and 51% domestic investment bank ownership. Or perhaps a us based firm like blackrock places many residential properties it owns into a hedgefund aimed at russian shareholders. So on paper the properties are “owned” by blackrock but the money to fund the process is coming from an oligarch.


Even the vacancy tax will just lead to higher rents on occuppied units as corporate tenants shift the regulatory cost to tennants; but still keep their vacant properties.

 

[CopiousX]

Having your housing being tied directly to your employer seems like a really bad idea..

Fair point, but i think you can use the exact same regulatory framework as employer health insurance or employer 401k(s) . In both instances the vast majority of amerucan society is literally banking their lives on an employer but it works because you dont lose the coverage immediatley upon being fired or changing employers. You would simply return to “market rate” at the end of the one year benefit period if you went alone.

Im picturing something like “cobra” health coverage but for housing. Or even the ability to rollover your stake in the property from one employer to the next, with your new employer covering their amount within their housing plan, and you covering the difference between what your previous employer negotiated and what your new employer is willing to pay.

 

[Ricky Fontaine]

I have family members who went from "vote blue no matter who" liberals to boot strap moderates (read: right wing conservatives who are too scared to vote for Trump) just because they managed to obtain ONE rental property.

It's not a matter of market value and economics, there's definitely a political/social ideology that comes into play when it comes to being a landlord.

 

[Charlie Hustle]

Actually, i think capitalism is the solution here.


I think housing can be solved in a bulk rate if employers stepped in and offered it as a benefit, kinda like how health insurance is unaffordable unless you are in a group plan. They dont even need to own the properties or even pay the entirety of a mortgage/rent; they only need to come in as a big, longterm client with many stable tenants to offer landlords. Most landlords would gladly lower their rates for a stable longterm contract with a mega employer like google or Tesla or wells fargo.


Housing is expensive because you have many individuals acting alone. It needs to be done in bulk, group bids on entire properties in cities (or blocks of homes in suburbs).

Yep, they already do this with doctors, nurses and in the corporate world.

 

[The Devil's Advocate]

Enabler of greed will get you and your ilk flatlined. For the good of all people, landlords prevent the local econonies from growing due to them taking everyone's disposable income.

Bullshyt and you know it... But ok lets pretend that's true... What's the plan?

You got a house you bought, your parents have a house, your wife's parents have a house... One day those parents will die and leave you houses and you and your wife will have 3........

Should you be FORCED to sell at low market value? Have to give them away? Can you have a summer home? A beach house? An apt in the city? Who determines the market value? Is this still capitalism?



Sounds like jealousy.. There is no other item we buy where we feel like the government should force people to set prices where they seem fit and it ain't about to start with fukking houses..

 

[The Devil's Advocate]

and i like how dudes act like if they were one of those small landlords, they wouldnt just charge what they could get. they'd charge less, out of the goodness of their heart

Lying ass nikkas


"For the greater good, I'm gonna let Biff and his wife stay here for $300 less than everyone else. I'll just eat these Oodles of Noodles instead of being able to afford my kid's school or a working car or taking my family on vacation. And when they destroy the house by letting the tub overflow, I'll eat that cost myself. But also make sure to rent to the next couple who won't pay me rent for 4 months at a time. But it's ok cause I'll have no overhead to take care of that, so I'll just take out a second mortgage.

For society!!"

 

[UberEatsDriver]

Btw this video exoses Republican lies again. Now I see why Texas politicians specifically say DFW or Houston area. It’s a way to hide the fact that the actual city of Dallas or Houston aren’t gaining that much population at all.

 

[UberEatsDriver]

Btw despite remote workers not returning back to the office these recruiters are still acting funny and reluctant to give people that actually want to work in the office opportunities. So it’s funny to hear companies are having hardship finding talent. BS!

 

[Yapdatfool]

Bullshyt and you know it... But ok lets pretend that's true... What's the plan?

You got a house you bought, your parents have a house, your wife's parents have a house... One day those parents will die and leave you houses and you and your wife will have 3........

Should you be FORCED to sell at low market value? Have to give them away? Can you have a summer home? A beach house? An apt in the city? Who determines the market value? Is this still capitalism?



Sounds like jealousy.. There is no other item we buy where we feel like the government should force people to set prices where they seem fit and it ain't about to start with fukking houses..

Eminent Domain has entered the chat