That said, I agree that shifting politicians against the status quo is part of the solution. I do get a sense that things are moving in that direction. At least now it's becoming politically difficult in CA to not at least make some gestures towards supporting housing affordability. And every failure to back those gestures up with action leads to increasing pressure. The balance hasn't shifted yet but it's teetering more than it has for a while.
Abundance isn't going to happen unless politicians are scared of the status quo
331–340 of 539 posts
Re: Abundance isn't going to happen unless politicians are scared of the status quo
#332Earlier quoted context omitted.
Around the time we bought our place we had some spare cash and thought about getting another house. I'd seen the Rich Dad, Poor Dad book which had the advice that you should buy a rental property only it was wildly cashflow positive after the mortgage. That's not realistic in most cases but we saw one rental property which looked crazy profitable that was full of Section 8 tenants. We passed on it because it was real…
I thought "section 8" tenants had a guaranteed rent. But yeah, probably would still be a job.
Some Section 8 tenants have complex interactions with their neighbors and their environment, and I think eviction of Section 8 tenants is harder too.
Re: Abundance isn't going to happen unless politicians are scared of the status quo
#333Earlier quoted context omitted.
> You always renegotiate at market rates. As long as RealPage and friends exist, market rates are whatever they say they are. There’s no free market in real estate.
There are now eight antitrust lawsuits against them by seven states + the DOJ. The DOJ and some states have started adding major landlords to their suits as well (since it is a cartel). Sadly, courts move slowly so it will probably be years before a decision.
Re: Abundance isn't going to happen unless politicians are scared of the status quo
#334Earlier quoted context omitted.
> Do people abuse the process? Sure, some do. They get away with it at most once, because...there's a record of it all in housing court and eviction proceedings are pretty much a deathblow with any landlord doing their homework. The problem is that for large corporate landlords this is a statistical risk that can be priced in and accounted for across hundreds of units. For small mom-and-pop landlords renting out thei…
It's an interesting problem I'm not sure what the solution is. Being a small-time landlord is unreasonably risky due to tenant friendly laws and backed up courts. Similarly, I've found renting from small-time landlords to be a worse experience. They tend to do things that a large corporation would eventually face lawsuits over - discrimination, demanding more money up front, keeping deposits, poor upkeep of units, et…
The solution is to make the rules different for small landlords.
Re: Abundance isn't going to happen unless politicians are scared of the status quo
#335Re: Abundance isn't going to happen unless politicians are scared of the status quo
#336I've grown a little bit more skeptical of what can realistically be achieved by the passive nature of YIMBY-ism. In Portland, they passed some radical new zoning laws a few years ago that allowed anyone, anywhere the ability to zone ADUs on their property. And the cost to get permits is almost nothing. I have lots of friends and family in the area with property. But not a single one has added an ADU. It seems like it…
Re: Abundance isn't going to happen unless politicians are scared of the status quo
#337I think the author has it quite backwards, at least as it comes to housing. Politicians are beholden to the members of their district, not would-be members. Sure, more affordable housing would benefit many people, but it wouldn't benefit the members of the district, particularly the wealthy and powerful, since more affordable housing is very nearly equivalent to real estate values decreasing (at the very least, as pe…
Re: Abundance isn't going to happen unless politicians are scared of the status quo
#338https://www.youtube.com/watch?v=rOFcn03k22o
(Sam Seder, host of the Majority Report, went mildly viral for his recent Jubilee appearance)
Re: Abundance isn't going to happen unless politicians are scared of the status quo
#339Earlier quoted context omitted.
That doesn't seem to be the attitude when the lunatic fringe on the Republican side occupy social media. I understand why politicians (both democrats and republicans) don't want to denounce any such fringe groups that are cheering for them. Seems to work better for republicans than democrats though
It does. Why that is is a story that has many different parts. One of them is that there really is an infrastructure to communicate what the Republican party stands for that which is connected to the party on an everyday basis. The absence of the Democratic party that potential supporters are complaining about right now is structural. Baudrillard might say "The Democratic Party doesn't exist" Secondly the left has to…
Re: Abundance isn't going to happen unless politicians are scared of the status quo
#340Earlier quoted context omitted.
As someone who owns a second house on a farm that has two rental units in it, I’m skeptical of attempts to expand ‘tenant rights’ in New York. I had a tenant who decided that he did not have to pay the rent, it took months of trying to reason with him, we hired a lawyer and went through the process which took several months, in the end the tenant stayed on a few months past what would have been the eviction date but…
I’ve also seen this happen in NYS. Tenants do the craziest shit (selling showers to crackheads and discovering a near thousand dollar water bill was one of the tamer tales), fight tooth and nail to stay, and leave the place uninhabitable when they finally are forced to go. Unfortunately the local mom and pop landlords get wrecked by this while only the big corporate landlords have the resources and scale to weather t…
People don't fall for drugs on their own - the utter, utter majority fall for drugs to self-medicate for whatever crisis they're facing. Be it perspectivelessness, losing a family member or one's job - across the Western world, governments have completely given up supporting people who hit a rough patch in life, and now it's a situation that is very, very hard to resolve.