Earlier quoted context omitted.
Really an appalling point of view. There is absolutely nothing wrong with single family neighborhoods; in fact, they are greatly desirable to most.
In the same way as taking more than one's fair share of pie is desirable to most.
Oregon passed sweeping housing crisis laws
191–200 of 278 posts
Re: Oregon passed sweeping housing crisis laws
#192Earlier quoted context omitted.
>If you’re managing 1,000 units renting them all is a sign you have left money on the table. That is the very definition of an outlier. Most landlords (easily over 90%) don't even have a 100 units. In fact, most landlords have a target number of units they need to "retire", and that number is usually less than 100.
From the market’s perspective it’s the ratio of units managed by each type that matters. Hypothetically, if 1 company managed 1,000 units and 1,000 people managed 1 unit then that outlier owns 50% of the market while representing 0.1% of the land lords.
Also, keep in mind that on the flip side, landlords likely view tenants the same way - looking at aggregates and not individuals: "Yes, lots of people can't afford the rent, but as long as I can get enough to make a profit, who cares about the rest?"
Re: Oregon passed sweeping housing crisis laws
#193Earlier quoted context omitted.
Which parts are falling apart, or what do you define as falling apart? I used to live in SF, and I still work there. It looks mostly put-together to me. There is definitely blight and abandoned builds, especially around Civic Center, but that plus landfill is not "most" of SF. Map of landfill (green): https://qph.fs.quoracdn.net/main-qimg-d7f66b45593b76f812792e... My comment is mostly targeted at the idea that there…
A lot of the landfill is unstable, and some of it is falling apart. Like the stuff under the millennium tower.
Salesforce tower is fine, for instance, and it’s much taller.
Also, if you don’t mind sharing, are you a civil engineer? Just asking because my friends who work as engineers in construction do not share your opinions.
Re: Oregon passed sweeping housing crisis laws
#194> Lawmakers passed a first-in-the-nation cap on rent increases Unfortunately, rent control will have the opposite effect of what Oregon thinks, and only make housing scarcity worse. https://www.nytimes.com/2000/06/07/opinion/reckonings-a-rent... https://www.governing.com/gov-institute/voices/col-rent-cont... > in an effort to spur new homebuilding, became the only state to eliminate single-family-only zoning in many…
I agree in general, but Oregon's law only limits increases to 7% per year. In the long run, that should easily be enough to keep up with inflation, even in a hot market. If San Francisco's law were 7% and not 1-2%, I doubt it would be nearly as much of an issue as it is today (where you have people with rents effectively from decades ago, because that isn't enough to keep up with the market).
The 7% limit seems designed to limit extreme short term increases, but still allow rents to reflect market value in the long term. I think this is a politically smart strategy, without the long term damage of holding rents below market value.
edit: and combined with the zoning changes... I'd say the open market approach to managing housing supply and demand came out way ahead with this law.
Re: Oregon passed sweeping housing crisis laws
#195Earlier quoted context omitted.
It's really about planning. Modern Swiss towns mostly consist of high density buildings with parking underground and most of the areas around the buildings are for walking & biking. The really good thing about high density is that it allows for much more efficient public transport which reduces the need for cars.
Just a reminder when talking about the Swiss... they are half the population of New Jersey over twice the area. Maybe their cities planning ideas might not scale?
Re: Oregon passed sweeping housing crisis laws
#196Earlier quoted context omitted.
We had to rent our former home for 4 years after we moved, but couldn't sell because the market value was too low after the real estate crash. It's really hard to find tenants that aren't total deadbeats. Raise your rent and it's almost impossible to fill the vacancy. Lower the rent and get nothing but unqualified applicants with terrible credit and criminal records. So sure, maybe I could lower the rent to get someo…
Great! If you can't fill the spot to your liking, you should get out of the game. Sell to someone who needs a place to live, or is comfortable lowering rents and dealing with the work load.
Re: Oregon passed sweeping housing crisis laws
#197Earlier quoted context omitted.
I'd be interested to see a source about comparative pedestrian safety. I'd be literally shocked if small suburban streets weren't safer than almost any other option.
Here is Scarborough, an eastern suburb (with the suburban neighbourhoods you'd expect) in the City of Toronto. > Incidents in Scarborough have accounted for more than 46 per cent (or 19 of 41) of pedestrian deaths this year, despite the eastern borough containing just 23 per cent of the city’s population and about 26 per cent of its road kilometrage. https://www.thestar.com/news/gta/2018/12/07/toronto-appears-...
However, it seems like all the incidents are happening on the interconnection suburban roads, not the inner neighborhood roads.
Faint praise to be sure; walking and biking as a mode of transportation should be safe and encouraged.
Re: Oregon passed sweeping housing crisis laws
#198Eastern European countries have a racial homogeneity that the United States doesn't have.
Re: Oregon passed sweeping housing crisis laws
#199Re: Oregon passed sweeping housing crisis laws
#200> Lawmakers passed a first-in-the-nation cap on rent increases Unfortunately, rent control will have the opposite effect of what Oregon thinks, and only make housing scarcity worse. https://www.nytimes.com/2000/06/07/opinion/reckonings-a-rent... https://www.governing.com/gov-institute/voices/col-rent-cont... > in an effort to spur new homebuilding, became the only state to eliminate single-family-only zoning in many…