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Denver rent is back to 2022 prices after 20k new units hit the market

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Re: Denver rent is back to 2022 prices after 20k new units hit the market

#241

Post by bee_rider »

standardUser wrote: post #110
JumpCrisscross wrote: post #54

Earlier quoted context omitted.

> because this doesn’t magically solve the housing crisis It does. Twenty thousand units represent about 5% of Denver's housing stock [1]. Commit to adding this many units to the housing stock every year for the next 10 years and you'll have solved the housing crisis. (You'll probably need to bail out recent homebuyers, who will be permanently underwater, but that's a separate issue.) [1] http://censusreporter.org/pr…

> You'll probably need to bail out recent homebuyers, who will be permanently underwater If you buy a house for $400k, and suddenly it is worth $300k, you don't need to be "bailed out" for your purchase decision. You should have been certain that the house was worth $400k to you at the time of purchase. Otherwise you're a speculator, and we shouldn't be bailing out speculators. It's called buyer's remorse. We accept…

But, the convention in the US is that people see their houses as a form of savings. Realistically, we should account for that.

Also, if continuing the building ends up requiring some policy change (supported by changing laws and regulations)… it seems reasonable to protect normal people, doing normal things, from massive financial chaos that is explicitly caused by the government changing policies on them. At least for people actually using the houses as intended, that is, living in them.

Re: Denver rent is back to 2022 prices after 20k new units hit the market

#243

Post by tptacek »

FireBeyond wrote: post #229
tptacek wrote: post #117

Earlier quoted context omitted.

NPs are supervised, as are doctors on rotation, so it's 7 years before clinical practice for a doctor.

PAs might love to hear about that, since they’ve been lobbying about supervision. Dozens (I gave up counting) of states have absolutely no supervision for NPs: https://www.aafp.org/family-physician/practice-and-career/ma... - they have full autonomy as providers.

Good! More should.

Re: Denver rent is back to 2022 prices after 20k new units hit the market

#244

Post by SR2Z »

susiecambria wrote: post #171
dingnuts wrote: post #149

Earlier quoted context omitted.

people call buying a house to live in an investment but that's because they don't know the technical term is a "hedge" so you know: most localities do treat the house you live in very differently from a tax perspective than they do any additional properties you might have, because everyone is born short housing, until they own 1 place to live. so yes, the proposed bailouts up thread would be for people who bought a h…

Buying a house is more than an "investment" though: It's achieving the American dream. And while this dream might have been a farce, it's like everything else in that you hear it enough combined with not understanding the economics and policies underlying home ownership and the lie is reality. And let's not even get to your point about hedges. I don't know many people that can define it let alone consider housing as…

Basically everyone considers housing as a hedge - homes are expected to grow steadily in value or at the very least not depreciate.

This is not a good policy goal, but the fact is that the wealth of the American middle class is mostly stored in property, and tanking property values would be a disaster for a broad swath of society which otherwise only has long-term retirement accounts to rely on.

They will vote to protect their interests, no matter how badly it screws their kids or contributes to homelessness.

Re: Denver rent is back to 2022 prices after 20k new units hit the market

#245

Post by throwawayq3423 »

reactordev wrote: post #195

Denver is a boom and bust town. Every once in a while, it thrives for a decade, then busts with an exodus of people (myself included). It will rebalance and boom again.

Why do you say this and why did you leave? I'm curious.

Re: Denver rent is back to 2022 prices after 20k new units hit the market

#246

Post by fragmede »

FireBeyond wrote: post #78
jmye wrote: post #70

Earlier quoted context omitted.

What a weird comment. What do you think you need an MD for, in your primary care visit, that an NP can’t do? What do you actually know about their education? What do you actually know about licensing? How much time, in a day, do you think doctors are spending on “insurance”, and what specific experience leads you to believe that? (Because the actual answer is “near zero for literally any provider who isn’t completely…

You can be an NP in as few as 4-5 years out of high school with some courses. That’s to me the definition of not knowing what you don’t know. I’m a critical care paramedic who has corrected many NPs on fairly fundamental learning. I’ve found that nurses with significant field experience do very well, but there are plenty of courses who will “zero to hero” you fresh out of high school. Meanwhile, PAs go through a prog…

Okay but what does that have to do with enshittification, as defined by Cory Doctorow, which refers to the decline in quality of online platforms and services over time, often driven by the pursuit of increased profits. This degradation is characterized by a shift in focus from user experience to maximizing revenue, typically through tactics like increased advertising, higher costs, or changes that favor business customers at the expense of users.

Or do you just like how the word has shit in the middle of it and are using it incorrectly?

Re: Denver rent is back to 2022 prices after 20k new units hit the market

#247

Post by nandomrumber »

teaearlgraycold wrote: post #201
tamimio wrote: post #198

Rents are high because landlords are greedy and are paying already inflated house prices. Owning is expensive because banks are greedy, pumping out the created credit for mortgages, which is an imaginary number based on no actual value, because somehow banks are allowed to create money! Here's the plot twist: you spend 30 years or even more (in Canada that has reached 70 years!) to pay the mortgage only to find out t…

As someone that rents I have little sympathy for people paying property taxes annually that are less than what I have to pay in one month. There should of course be sanity in the system. If you’re retired and can’t the afford property taxes on your home it’s not okay to squeeze you for that little bit of money.

You, as a renter, are paying the property tax.

The cost is passed on to the end-user.

Re: Denver rent is back to 2022 prices after 20k new units hit the market

#248

Post by SR2Z »

seanmcdirmid wrote: post #73
JumpCrisscross wrote: post #54

Earlier quoted context omitted.

> because this doesn’t magically solve the housing crisis It does. Twenty thousand units represent about 5% of Denver's housing stock [1]. Commit to adding this many units to the housing stock every year for the next 10 years and you'll have solved the housing crisis. (You'll probably need to bail out recent homebuyers, who will be permanently underwater, but that's a separate issue.) [1] http://censusreporter.org/pr…

> It does. Twenty thousand units represent about 5% of Denver's housing stock [1]. Commit to adding this many units to the housing stock every year for the next 10 years and you'll have solved the housing crisis. (You'll probably need to bail out recent homebuyers, who will be permanently underwater, but that's a separate issue.) That is only if you believe that more capacity does not induce more demand, which really…

How much demand do you think CAN be induced? Colorado has 2.6M housing units for ~6M people. If Denver builds 20k units a year for the next 5 years, that would represent the entire state growing by 4% (230k people) off the back of one city alone. I guess that's not terribly unreasonable - if Denver was the only city in the country.

Except, it's not. Where would all of these extra people come from?

More to the point, Denver is already quite expensive. Where are you going to find another 230k people capable of paying even higher rents than folks do today?

Re: Denver rent is back to 2022 prices after 20k new units hit the market

#249

Post by tlogan »

tamimio wrote: post #198

Rents are high because landlords are greedy and are paying already inflated house prices. Owning is expensive because banks are greedy, pumping out the created credit for mortgages, which is an imaginary number based on no actual value, because somehow banks are allowed to create money! Here's the plot twist: you spend 30 years or even more (in Canada that has reached 70 years!) to pay the mortgage only to find out t…

> Rents are high because landlords are greedy

I understand the frustration, but it’s probably unfair to single out landlords specifically. Greed isn’t unique to landlords: it’s a universal human trait. We’re all greedy.

History reminds us of at least one person who famously preached against greed, and humanity’s reaction was to nail him to a cross.

Re: Denver rent is back to 2022 prices after 20k new units hit the market

#250

Post by mindslight »

jmye wrote: post #70
mindslight wrote: post #61

Earlier quoted context omitted.

How are NPs not just the trend of enshittification? Most doctors already aren't very engaged in the tiny 15 minute slices of appointments, and now we're supposed to be happy that they'll be even less educated? The most straightforward way to address the doctor shortage is to make it so doctors are spending most of their time on healthcare, rather than appeasing "insurance" company bureaucrats with onerous paperwork.

What a weird comment. What do you think you need an MD for, in your primary care visit, that an NP can’t do? What do you actually know about their education? What do you actually know about licensing? How much time, in a day, do you think doctors are spending on “insurance”, and what specific experience leads you to believe that? (Because the actual answer is “near zero for literally any provider who isn’t completely…

> What do you think you need an MD for, in your primary care visit, that an NP can’t do?

I guess not much at this point where PCPs don't seem to do much beyond use rubrics, prescribe, and refer. Which is why I used the word enshittification - it's part of a continual gradual march down in quality/services to a captive customer base. Basically the opposite environment of innovation aiming to serve customers.

> How much time, in a day, do you think doctors are spending on “insurance”,

I'd say at least half their time, if not much more. They certainly aren't scheduling these 10-15 minute appointments back to back all day. By "insurance" I am of course including all of the extra documentation and runaround they have to do simply to satisfy the third party beancounters' demands. I'd say this even includes a good number of patient visits themselves.

https://www.astralcodexten.com/p/what-your-doctor-spends-80-...

https://siderea.dreamwidth.org/1182366.html

Observations in my personal experience line up with this:

- Number of signs at my primary care office about their procedures for providing/processing referrals, like this is the majority of their work

- The numerous questionnaires every office makes you fill out ahead of every appointment, that they themselves never actually read

- Experience with a not-terribly-large specialist office who employed an entire full time "nurse navigator" whose job it was to help doctors prepare documentation for "prior approvals"

- The multiple times I've seen a doctor personally step in to grease the system for something way way below their pay grade, because it was the only way to provide appropriate health care

I'm sure I'm forgetting plenty too. Frankly I don't know how one could step into any moderately sized medical provider and not perceive the entrenched corporate government tentacles in every facet.

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