21–30 of 974 posts
This is great news, it will reduce pollution. We need to live together.
I live downtown in a coastal city. What I’m seeing is a lot of young men living in the streets. This is the other side of this story some young adults don’t have a home to go back to after job loss and eviction. We’re seeing just the tip of the iceberg. I expect a lot more social upheaval in the coming years. Social services are going to get severely strained.
This has been the case in California for a long time. Unless we just forgive rent until a vaccine is out, many people will never catch up.
I’m a renter. Do I need to prove I’ve lost my job to not pay? Do I get to skip out on paying for a luxury apartment if I have money in the bank? Does my landlord get to skip her mortgage? Or only the portion paid by my rent? What about the bank who holds the mortgage? Or the retired bond holder who ultimately gets the mortgage payments?
Every step along the way requires somebody to not get paid.
If the government intervenes, at which step should they do it?
I’m not saying no actions should be taken, just that it’s more complicated than pure rent forgiveness. Perhaps the answer is some kind of short term UBI, but that gets expensive quick. Zero interest government loans puts the burden back on the individual. I’m not fully clear on how to beat balance individual ownership versus protecting the system from collapse. (The latter involves propping up the banks)
Treating homes an investment was one of the worst mistakes of the 20th century.
I am one of those people, though in my case it was not so much for cost saving reasons as it was the easiest means of leaving a coastal city that would clearly be hard hit by Coronavirus. oddly enough I'm morbidly curious about the decline in birth and marriage rates due to this whole episode. hard to hook up in your parent's home.
I'm curious as well but in the opposite. People are spending more time at home together, could there be a birth boom in Q1/Q2 of next year?
"Time to grow up"
What boomers mean:
"Time to grow up, at least for now, while the company to which I pay my long term care premiums is solvent and likely to be able to provide care when I am frail, though it is looking like it might not always be the case, in which case I would prefer for you to live with me at that point."
I am one of those people, though in my case it was not so much for cost saving reasons as it was the easiest means of leaving a coastal city that would clearly be hard hit by Coronavirus. oddly enough I'm morbidly curious about the decline in birth and marriage rates due to this whole episode. hard to hook up in your parent's home.
I'm curious as well but in the opposite. People are spending more time at home together, could there be a birth boom in Q1/Q2 of next year?
I moved back into my parents house after my lease expired, primarily to have regular social interaction again. > "While moving back home during the pandemic makes sense and is seen as socially acceptable or even smart, it also means you are living with people who still see you as your 18-year-old self." One of the biggest things I’ve noticed among millennials is how many parents fail to understand the emotional and m…
I will probably be going against the grain here, but I managed to rent a flat by myself while in university years ago with a part time job in a supermarket at weekends and applying for some hardship funds and other money available at the time. Rents have risen a lot since then, but is it really impossible for someone in work to be able to afford rent? Or are they insisting on living in a fashionable part of town? (Fo…
https://www.cbpp.org/blog/census-income-rent-gap-grew-in-201...
While I’m sure they’ve gone down a little in certain urban cores, like SF, they remain absurdly high in the midsize, Midwestern city where I grew up and now live. When I moved back, apartments here were going for only a bit less than what I paid in Los Angeles and seem to have not gone down at all. Home prices also remain artificially high because there are less listings and more interested buyers.
Earlier quoted context omitted.
I will probably be going against the grain here, but I managed to rent a flat by myself while in university years ago with a part time job in a supermarket at weekends and applying for some hardship funds and other money available at the time. Rents have risen a lot since then, but is it really impossible for someone in work to be able to afford rent? Or are they insisting on living in a fashionable part of town? (Fo…
Rents were already way above wage growth prior to the pandemic: https://www.cbpp.org/blog/census-income-rent-gap-grew-in-201... While I’m sure they’ve gone down a little in certain urban cores, like SF, they remain absurdly high in the midsize, Midwestern city where I grew up and now live. When I moved back, apartments here were going for only a bit less than what I paid in Los Angeles and seem to have not gone down…
I grew up on the farm, but have spent most of my adult life living in big cities. But I take a month or so home most years for a bit of farm work / harvest celebration. Corono got me good traveling SEA in February, and have been now living and working at home since March. I could have never thought about living here beforehand. At least I always think that twenties and thirties are for the movement of the city, and t…