Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

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

denverite.com

Post reply on HN
Print view View original

31–40 of 391 posts

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

#31

Post by yapyap »

Giorgi wrote: post #20

[flagged]

communism? was there lead in the paint they painted your walls with?

no real argument was made for communism, however a housing / renting market controlled by the government with regulations instead of letting the “free market” (((oligopoly))) run it’s course screwing over the poor and middle class while the richest of the rich pool all these profits to build bunkers and do stupid shit.

yeah, a regulated market is better. especially when and if the government regulating the market is sane. thats a requirement for laws and or institutions relying on regulation

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

#32

Post by kgwgk »

jmye wrote: post #18
adgjlsfhk1 wrote: post #6

Earlier quoted context omitted.

we also could just stop having the federal government limit the number of residency slots so we could have enough doctors trained in the US.

Not just residency. Fix the cost (and capacity) of the education system as a whole, especially for mid-levels. There’s no reason this country should have such a chronic NP shortage, and you don’t need MD/DOs for most of the healthcare gaps we have. You also make rural care viable when you don’t have folks who need to pay off astronomical loans.

> you don’t need MD/DOs for most of the healthcare gaps we have

Or maybe you do! It’s for your own good.

https://www.ama-assn.org/practice-management/scope-practice/...

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

#34

Post by JumpCrisscross »

jameslk wrote: post #16

Doesn’t rent need to keep going up so the top-heavy segment of retirees can have a steady stream of inflation adjusted income and capital gains for their remaining years? This doesn’t seem sustainable, politically

> Doesn’t rent need to keep going up so the top-heavy segment of retirees can have a steady stream of inflation adjusted income

No. Maybe 10% of retirees earn rental income [1].

> and capital gains for their remaining years?

The value of the home should be plenty to live off, whether by sale or borrowing.

[1] https://bradleyclark.com/blog/generating-retirement-income-w...

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

#36

Post by DaveZale »

jldugger wrote: post #26
jameslk wrote: post #16

Doesn’t rent need to keep going up so the top-heavy segment of retirees can have a steady stream of inflation adjusted income and capital gains for their remaining years? This doesn’t seem sustainable, politically

Well, if they own their home and have a diversified portfolio, then they should be able to weather a small hit to income. If they rent, well, this directly helps their budget.

taxes and insurance are both much steeper than just a few years ago.

Gov. Polis has forced lifting limits on occupancy to override local restrictions. It's just getting more crowded.

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

#37

Post by JumpCrisscross »

hangonhn wrote: post #25
koolba wrote: post #4

Earlier quoted context omitted.

Someone should try this with medicine. Instead of subsidizing insurance (demand side), let’s spend the money to bring doctors to the USA from all over the world and have them work in free clinics (supply side).

You basically can’t or it won't have the same effects because medicine doesn’t really follow the same dynamics as most other markets: the supplier (doctor) has an information asymmetry and thus makes most of the decisions, while the buyer (patient) is not usually the payer (insurance) so aren’t really incentivized to save. Kenneth Arrow famously analyzed the healthcare market and made the above insight: https://asset…

> the supplier (doctor) has an information asymmetry and thus makes most of the decisions, while the buyer (patient) is not usually the payer (insurance) so aren’t really incentivized to save

Counterfactual: patients in India routinely shop around for second opinions and negotiate fees.

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

#38

Post by staringback »

JKCalhoun wrote: post #21

Is it wrong of me to be sad that it's rent and not home prices?

Not wrong at all. Previously owner-occupied single family homes will continue to be bulldozed and replaced with 8 story wooden boxes, owned by national corporate landlords of course.

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

#39

Post by pphysch »

jameslk wrote: post #16

Doesn’t rent need to keep going up so the top-heavy segment of retirees can have a steady stream of inflation adjusted income and capital gains for their remaining years? This doesn’t seem sustainable, politically

Doesn't seem sustainable civilizationally, either, if the young and poor are propping up the old and rich, rather than older generations nurturing the youth.

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

#40

Post by jeffbee »

throwmeaway222 wrote: post #14

yeah well, the last time things were affordable the price was 1200. 71 dollars off 1850 isn't going to do anything

I recently denounced some Boomer for this exact comment at a Berkeley public hearing. Unsurprisingly, $71 per month at the margin is quite useful to many people.
Post reply on HN