Rising Rents Are Pushing More Tenants Past the Breaking Point
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Re: Rising Rents Are Pushing More Tenants Past the Breaking Point
#2Rising rents force longer work weeks. Longer work weeks force people to be away from their homes more. Being at work all the time leads to lack of a social life. Lack of a social life leads to more socializing at work. More socializing at work reduces productivity. Reduced productivity harms the economy. Discuss.
Re: Rising Rents Are Pushing More Tenants Past the Breaking Point
#3The rent is too damn high!
Re: Rising Rents Are Pushing More Tenants Past the Breaking Point
#4Bernie 2020!
Re: Rising Rents Are Pushing More Tenants Past the Breaking Point
#5Google Cache Link to avoid paywall: https://webcache.googleusercontent.com/search?q=cache:-cyHPK...
Re: Rising Rents Are Pushing More Tenants Past the Breaking Point
#6Seems the economy is finding the sweet spot where education, housing and health extract the maximum amount of money from people right before they break. Finding that spot while a avoiding a revolution has been the biggest challenge for ruling classes throughout all of history.
Re: Rising Rents Are Pushing More Tenants Past the Breaking Point
#7Seems the economy is finding the sweet spot where education, housing and health extract the maximum amount of money from people right before they break. Finding that spot while a avoiding a revolution has been the biggest challenge for ruling classes throughout all of history.
yep, awesome that they've finally figured it out.
Re: Rising Rents Are Pushing More Tenants Past the Breaking Point
#8Seems the economy is finding the sweet spot where education, housing and health extract the maximum amount of money from people right before they break. Finding that spot while a avoiding a revolution has been the biggest challenge for ruling classes throughout all of history.
That's a simple take on a very complex system.
Re: Rising Rents Are Pushing More Tenants Past the Breaking Point
#9Rent is an amazingly effective means of redistributing wealth upwards. I have easily paid over £100k rent in my life, always to people substantially richer than I am.
Always enjoyed this Churchill quote - from 1909!
Roads are made, streets are made, services are improved, electric light turns night into day, water is brought from reservoirs a hundred miles off in the mountains -- and all the while the landlord sits still. Every one of those improvements is effected by the labor and cost of other people and the taxpayers. To not one of those improvements does the land monopolist, as a land monopolist, contribute, and yet by every one of them the value of his land is enhanced. He renders no service to the community, he contributes nothing to the general welfare, he contributes nothing to the process from which his own enrichment is derived.
Re: Rising Rents Are Pushing More Tenants Past the Breaking Point
#10Rising rents doesn't seem to effect the number of applicants though, every time I've viewed a place here there was a lineup of 20+ other renters there waiting as well. They pushed us through in under 10 minutes then another 20+ people showed up for the second appointment already gathering outside. There was no time to dispute the lease they dangled which stipulated you had to vacate the day the lease expired in order they could bypass provincial rent increase limits of 3.7%, and make you sign a new lease with any increase they wished.