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Cities: Skylines II Found a Solution for High Rents: Get Rid of Landlords

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Re: Cities: Skylines II Found a Solution for High Rents: Get Rid of Landlords

#51
post #5

[flagged]

China has higher home ownership than the US "Today China is a country of homeowners with more than 90% of households owning homes (87% in urban and 96% in rural China) (Clark, Huang, & Yi, 2019). At the same time, more than 20% Chinese households own multiple homes, higher than many developed nations (Huang et al., 2020)"

Who mentioned China? This article reminded me of Soviet Union of 100 years ago and Stalin's war against landlords/kulaks.

Re: Cities: Skylines II Found a Solution for High Rents: Get Rid of Landlords

#52
post #25

Earlier quoted context omitted.

How is "person with a surplus who is renting out their 2nd/3rd apartment" anything other than a landlord?

They probably use the term "landlord" to refer to professional full-time landlords, sort of like how you wouldn't call a person a "carpenter" just because they made a table or a chair in their spare time (though personally, I wouldn't object to that person choosing to call themselves a carpenter.) The person with one spare home that's renting it out is likely doing it as supplementary income, or might not even be tur…

Plus there's a whole spectrum from surplus letting to mega corporate agents. There are individual landlords who own 3-6 lets, respond promptly to call-outs, keep the buildings in good condition, are cautious to raise rents, and don't try to screw you over on the deposit. They're difficult to find (partly because tenants stick with them) but they're out there and doing a good thing for society. The question is not necessarily "how to we get rid of landlords" but possibly "how do we incentivise this type of landlord vs big corporations".

Re: Cities: Skylines II Found a Solution for High Rents: Get Rid of Landlords

#54

I'd have loved seeing a proper reflection of capitalist economics where rents get so high a large chunk of the population ends up homeless and fully destitute.

Then play Monopoly. The game was designed to teach people the flaws of capitalism. Imagine playing Monopoly without buying any properties and only collecting $200 every round. You wouldn't last long.

Re: Cities: Skylines II Found a Solution for High Rents: Get Rid of Landlords

#55

Russia does not have landlords (as a medium business). Virtually all apartments available for rent belong to moms and pops who happen to have a surplus so they're renting out. They usually have just one property which they rent out. Add to that retirees who lend out their 2nd apartment to live off it. The prices aren't exactly low but the market is pretty durable as the result. Lots of offerings at any moment at comp…

> Russia does not have landlords. Virtually all apartments available for rent belong to moms and pops who happen to have a surplus so they're renting out. Also known as "being a landlord"? Maybe I'm missing something!?

A lot of the blame for the rent crisis in the US is put on big corporate landlords.

I have no idea to what extent it is actually the case that they are to blame, but mom-and-pop businesses are never as popular to attack.

Re: Cities: Skylines II Found a Solution for High Rents: Get Rid of Landlords

#56
post #21
post #9

Earlier quoted context omitted.

No but a decent solution would be to regulate landlords. Of course any blue blooded american will cringe at the R-word.

Make being a landlord too tough, rental properties will disappear. When you hear "landlord", you might think of a Duke enjoying a lavish meal while the tenants slave away in the fields to pay rent. Or a huge corporation. But there are a ton of middle and upper middle class people who are land "lords". I was one myself. I rented out my house, after moving to another city for a job, to wait for a market recovery post t…

I’ve rented from individuals and it is fine. The real pain is the big corporate places that make it a business to do renting. They have the scale to be motivated to nickel and dime you about stupid stuff, and, like, living in a place where corporate policy types make all the rules is hell, but worse, because the demons are stupid as well as evil.

We should be really targeted in our regulations, hit places with more than, say, 10 tenants pretty hard. Regulate them out of existence, even. Then you’d have had less competition.

Re: Cities: Skylines II Found a Solution for High Rents: Get Rid of Landlords

#57
post #39

Earlier quoted context omitted.

Really? Isn't it the republicans who are vehemently against regulation and not the democrats?

Looking outside in (from the EU), even the democrats are quite a bit further to the right than even some of the parties we label as "radical right" over here. Even Bernie Saunders (the most left-wing democrat I can think of off the top of my head) had standpoints on things like gun control and universal healthcare that would never fly here.

What does gun control have to do with left-right politics?

For healthcare, he is site says he wants a single payer system with no deductibles, so, entirely government funded… what’s the more left wing option?

Re: Cities: Skylines II Found a Solution for High Rents: Get Rid of Landlords

#58
post #39

Earlier quoted context omitted.

Looking outside in (from the EU), even the democrats are quite a bit further to the right than even some of the parties we label as "radical right" over here. Even Bernie Saunders (the most left-wing democrat I can think of off the top of my head) had standpoints on things like gun control and universal healthcare that would never fly here.

What does gun control have to do with left-right politics? For healthcare, he is site says he wants a single payer system with no deductibles, so, entirely government funded… what’s the more left wing option?

What I was getting at with both points:

- Gun control in almost any country is WAY stricter than in the US, and people in the EU are absolutely fine with the government interfering heavy-handedly in that subject. There would be riots in the street here if schools would need to have "active shooter policies" for example, we'd rather have a blanket ban on private firearm possession and have the police enforce that. In that sense, even Saunders seems quite fine to have a relatively hands-off gun policy and that lack of government regulation is typically more associated with the right than with the left.

- For healthcare policy, I only briefly skimmed his site but I don't think I actually saw a plan to have the government nationalize the hospitals and take them out of private hands? AFAIK in most EU countries most doctors/nurses are government employees with only a small minority working in privately owned clinics.

Re: Cities: Skylines II Found a Solution for High Rents: Get Rid of Landlords

#59

Earlier quoted context omitted.

> Russia does not have landlords. Virtually all apartments available for rent belong to moms and pops who happen to have a surplus so they're renting out. Also known as "being a landlord"? Maybe I'm missing something!?

A lot of the blame for the rent crisis in the US is put on big corporate landlords. I have no idea to what extent it is actually the case that they are to blame, but mom-and-pop businesses are never as popular to attack.

I don't know too much about the industry either, but I do recall recently that large corporate landlords have been revealed to be engaging in nationwide rent fixing: https://www.thebignewsletter.com/p/monopoly-round-up-fbi-rai...

Re: Cities: Skylines II Found a Solution for High Rents: Get Rid of Landlords

#60
post #21
post #9

Earlier quoted context omitted.

No but a decent solution would be to regulate landlords. Of course any blue blooded american will cringe at the R-word.

Make being a landlord too tough, rental properties will disappear. When you hear "landlord", you might think of a Duke enjoying a lavish meal while the tenants slave away in the fields to pay rent. Or a huge corporation. But there are a ton of middle and upper middle class people who are land "lords". I was one myself. I rented out my house, after moving to another city for a job, to wait for a market recovery post t…

Funny how it works everywhere else.
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