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Here is an example from centre of Prague. 400 euro per month, 20k compensation
https://www.sreality.cz/detail/pronajem/byt/2+kk/praha-smich...
When I see people complaining about never being able to purchase a house my response is always the same. move. $1,100 is considered "well below market rates" for a 1 bedroom apartment in NYC? That's _nuts_ to me. I'm paying $1,600 for a 3 bed, 2 bath 1800 sq ft house with a 2 car garage. Vaulted ceilings, my neighbor is a police officer and I'm on a corner lot across from a park. fire department is literally 3 blocks…
Why would people pay hundred a month for complicated broadband internet? All you need is a modem and AOL. That’s basically your argument. Living in a LCOL area is not comparable to living in NYC. There is a reason millions want to live in NYC and almost no one actually wants to live in, say, Iowa.
When I see people complaining about never being able to purchase a house my response is always the same. move. $1,100 is considered "well below market rates" for a 1 bedroom apartment in NYC? That's _nuts_ to me. I'm paying $1,600 for a 3 bed, 2 bath 1800 sq ft house with a 2 car garage. Vaulted ceilings, my neighbor is a police officer and I'm on a corner lot across from a park. fire department is literally 3 blocks…
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When I see people complaining about never being able to purchase a house my response is always the same. move. $1,100 is considered "well below market rates" for a 1 bedroom apartment in NYC? That's _nuts_ to me. I'm paying $1,600 for a 3 bed, 2 bath 1800 sq ft house with a 2 car garage. Vaulted ceilings, my neighbor is a police officer and I'm on a corner lot across from a park. fire department is literally 3 blocks…
Why would people pay hundred a month for complicated broadband internet? All you need is a modem and AOL. That’s basically your argument. Living in a LCOL area is not comparable to living in NYC. There is a reason millions want to live in NYC and almost no one actually wants to live in, say, Iowa.
The UK has completely abolished fees (I think) for tenants - I am a reluctant landlord - and I completely agree with that, the power asymmetry in finding housing is already bad enough without allowing blank-cheque negotiations. In my section of Germany, housing is even worse with rent caps and tenant rights, plus a lack of housing. Tenants are hard to move on, so landlords are painfully cautious about getting the rig…
Land Value Tax: Make it financially unfeasible to speculate, to withhold units from the market, and to withhold unused land from the market. Let prices freely fluctuate with the market. Increases in rent derived from externalities (i.e. Amazon HQ2 setting up shop nearby or a new subway station) go back into public coffers, while increases in rent derived from landlord actions (i.e. renovations, building bigger, bette…
The UK has completely abolished fees (I think) for tenants - I am a reluctant landlord - and I completely agree with that, the power asymmetry in finding housing is already bad enough without allowing blank-cheque negotiations. In my section of Germany, housing is even worse with rent caps and tenant rights, plus a lack of housing. Tenants are hard to move on, so landlords are painfully cautious about getting the rig…
I have a strong feeling that "worst decor and electrics, terrible ventilation and mould" is indeed an actual high-end housing in Berlin. A modern bright renovated house with brand new appliances would definitely be frowned upon by a typical german landlord.
When I see people complaining about never being able to purchase a house my response is always the same. move. $1,100 is considered "well below market rates" for a 1 bedroom apartment in NYC? That's _nuts_ to me. I'm paying $1,600 for a 3 bed, 2 bath 1800 sq ft house with a 2 car garage. Vaulted ceilings, my neighbor is a police officer and I'm on a corner lot across from a park. fire department is literally 3 blocks…
I'd expect living next to a cop to be cheaper, not more expensive.
Earlier quoted context omitted.
We also have the clown situation where you are deemed fit to rent for €1200 a month, but the banks won’t give you a €900 a month mortgage for the same sort of housing.
The USA often has the opposite problem; people who would be refused rentals at $900 are given loans at $1200, no problem. The key is which ones insulate the giver (landlord/lender) from non-payment (e.g., which are guaranteed by the government).
In the aforementioned situation, the home owner is both creating equity and saving 25% extra each month.
It creates a very broken situation. But the Dutch government has coddled home owners for four to five decades already. And the real estate market is often zero sum, where advantaging one group disadvantages another.
Time to make home owners bleed for a couple of decades. Balance must be restored.
Earlier quoted context omitted.
People move to dense areas because that's where job opportunities are. It's a vicious cycle. For software devs tho, you are right. Just get a remote job.
people are extremely bad at coordinating/advocating for their interests, ie. to get more housing built. it's learned helplessness, and crazy memes (like conservation of neighborhood character)
Honestly confused what it is you’re suggesting
A broker’s fee for an apartment? I’ve never seen that. I own a house now, but when I used to rent, the process was to visit the websites of local well known management companies, pick a few apartments you like, and have the manager show each to you. Then you pick one and apply. Why are people injecting the expense of a broker into such a simple transaction? And the renters are the ones paying?