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California passes rent control legislation; increase capped at 5%
| Elite multi-colored office degenerate | 10/08/19 |
| Appetizing pozpig depressive | 10/08/19 |
| Titillating parlor | 10/08/19 |
| Elite multi-colored office degenerate | 10/08/19 |
| Excitant White Toaster | 10/08/19 |
| Appetizing pozpig depressive | 10/08/19 |
| flesh partner spot | 10/08/19 |
| light cumskin theater stage | 10/08/19 |
| Elite multi-colored office degenerate | 10/08/19 |
| Disgusting Mental Disorder Theater | 10/08/19 |
| Excitant White Toaster | 10/08/19 |
| flesh partner spot | 10/08/19 |
| Transparent shitlib | 10/09/19 |
| nighttime pontificating forum juggernaut | 10/09/19 |
| Vigorous insane round eye elastic band | 10/08/19 |
| Excitant White Toaster | 10/08/19 |
| Topaz electric love of her life | 10/08/19 |
| flesh partner spot | 10/08/19 |
| Harsh indigo laser beams | 10/08/19 |
| drunken demanding piazza | 10/08/19 |
| lascivious wagecucks digit ratio | 10/08/19 |
| Elite multi-colored office degenerate | 10/09/19 |
Poast new message in this thread
Date: October 8th, 2019 5:51 PM Author: Elite multi-colored office degenerate because obviously the way to add more housing is to discourage investors from getting into the housing biz
https://www.wsj.com/articles/new-california-rent-control-law-leaves-advocates-wanting-more-11570532401?mod=hp_lead_pos10 |
Date: October 8th, 2019 6:05 PM Author: Appetizing pozpig depressive It's very interesting in SF
Any development is steered by a) NIMBY boomers who have lived there for decades and resent the tech boom b) rancid SJW libs
It's not laws like this that threaten new investment. It's the threat of one of the former two groups and city council axing your project 90% of the way through because the "Light Impact Committee" determined that the new 60-unit middle-income complex you are building was casting too large of a shadow on Juan's taco truck |
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Date: October 8th, 2019 6:05 PM Author: Titillating parlor 🐴 (http://www.autoadmit.com/thread.php?thread_id=4359465&forum_id=2#38949069) |
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Date: October 8th, 2019 6:25 PM Author: Elite multi-colored office degenerate there are multiple ingredients in this shit casserole obviously (http://www.autoadmit.com/thread.php?thread_id=4359465&forum_id=2#38949168) |
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Date: October 8th, 2019 7:08 PM Author: Excitant White Toaster The boomers are the worst and the core of the problem. They exist as an entire block of voters who either paid nothing for their housing (not the worst thing - a good investment is a good investment) or are in rent controlled apartments that they pay almost nothing on a relative basis for and are extremely difficult if not impossible to evict.
The later set is an extremely dangerous thing because the City is majority renters and having rent controlled Boomers fosters NIMBYism, Slumification (due to owners having no incentive to do all but the most basic CapEx) and the worst of all: insane liberal voting by people who are insulated from their decisions, forcing everyone who did not have the fortune to be born a Boomer to live with their increasingly deranged issues. Just look at the way the city has voted in the past 20 years or so, it is almost comical.
There are like 20,000-30,000 units vacant in the City as well because property owners are either absentee or have such a low cost basis they don't want to deal with rent control. I've also seen apartments in nice areas of the city used for fucking storage by boomers (like a duplex where a boomer lives in one and uses the other as storage). |
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Date: October 8th, 2019 8:13 PM Author: Appetizing pozpig depressive Yeah it's a massive quandry bc if you out all those units in the market, you wouldn't need to raise rents 10% (which is also absurd but that's a different topic)
Everyone involved sucks |
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Date: October 8th, 2019 6:43 PM Author: flesh partner spot How fucking stupid (http://www.autoadmit.com/thread.php?thread_id=4359465&forum_id=2#38949233) |
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Date: October 8th, 2019 6:59 PM Author: light cumskin theater stage Swedish economist (and socialist) Assar Lindbeck asserted, “In many cases rent control appears to be the most efficient technique presently known to destroy a city—except for bombing.” (http://www.autoadmit.com/thread.php?thread_id=4359465&forum_id=2#38949288) |
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Date: October 8th, 2019 7:00 PM Author: Elite multi-colored office degenerate lmao just perfect, thanks libs. (http://www.autoadmit.com/thread.php?thread_id=4359465&forum_id=2#38949291) |
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Date: October 8th, 2019 7:08 PM Author: Disgusting Mental Disorder Theater (http://www.autoadmit.com/thread.php?thread_id=4359465&forum_id=2#38949325) |
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Date: October 8th, 2019 7:14 PM Author: Excitant White Toaster (http://www.autoadmit.com/thread.php?thread_id=4359465&forum_id=2#38949342) |
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Date: October 8th, 2019 7:19 PM Author: flesh partner spot 180 (http://www.autoadmit.com/thread.php?thread_id=4359465&forum_id=2#38949355) |
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Date: October 9th, 2019 12:57 PM Author: Transparent shitlib (http://www.autoadmit.com/thread.php?thread_id=4359465&forum_id=2#38952659) |
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Date: October 9th, 2019 1:52 PM Author: nighttime pontificating forum juggernaut (http://www.autoadmit.com/thread.php?thread_id=4359465&forum_id=2#38952883) |
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Date: October 8th, 2019 7:26 PM Author: Vigorous insane round eye elastic band any chance this leads to foreign investors pulling their money out (http://www.autoadmit.com/thread.php?thread_id=4359465&forum_id=2#38949380) |
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Date: October 8th, 2019 7:30 PM Author: Excitant White Toaster It has been slowing down in coastal cities, could be a push in that direction. Capital just follows returns, limit the returns you limit capital flows. (http://www.autoadmit.com/thread.php?thread_id=4359465&forum_id=2#38949400) |
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Date: October 8th, 2019 7:27 PM Author: Topaz electric love of her life Heaven forbid that Kwan “Mike” Chang and Susie Cheng can’t gouge American tenants with annual 20% rent increases. Won’t someone think of the Free Market Capitalism (http://www.autoadmit.com/thread.php?thread_id=4359465&forum_id=2#38949386) |
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Date: October 8th, 2019 7:29 PM Author: flesh partner spot (Marxist) (http://www.autoadmit.com/thread.php?thread_id=4359465&forum_id=2#38949396) |
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Date: October 8th, 2019 8:18 PM Author: Harsh indigo laser beams rent control is the only option left because the zoning and development controls and fees are too expensive and restrictive (http://www.autoadmit.com/thread.php?thread_id=4359465&forum_id=2#38949580) |
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Date: October 8th, 2019 8:33 PM Author: drunken demanding piazza All asians need to be exterminated or expelled (http://www.autoadmit.com/thread.php?thread_id=4359465&forum_id=2#38949640) |
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Date: October 8th, 2019 8:18 PM Author: lascivious wagecucks digit ratio Rent control would be fine if it were easy to evict. (http://www.autoadmit.com/thread.php?thread_id=4359465&forum_id=2#38949582) |
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Date: October 9th, 2019 12:32 PM Author: Elite multi-colored office degenerate (http://www.autoadmit.com/thread.php?thread_id=4359465&forum_id=2#38952549) |