Rent is too damn high!
(www.npr.org)
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Wow, talk about fixing the wrong problem.
The problem isn't the high rent, the problem is that people are living in a "renter culture" in the first place. Housing is so expensive, and regulated, and people are incorrectly taught how to build a house, and property is taxed, and materials and appliances are MASSIVELY over priced due to the monopoly, etc. that people don't have economic opportunities to buy a house or build their own.
Yeah, but high rent is a painful symptom.
Treat the symptom not the disease? Should our government adopt the model of Big Pharma? I suggest that is exactly what they have been doing.
I also suggest its a really poor model for human life.
You're correct.
I was just sympathizing with renters. I don't think OP was suggesting any action to increase rental subsidies or regulation or anything other than making fun of NPR.
So are my property taxes... going up 30% this year
Which caused my rent to go up this year -_-
We're all screwed. If I strike rich I'd buy many acres of land and build farm and build a GAW village.. Ya'll can come live for free and farm and make a community. We'll have our own supply of organic food, beef, and eggs, dairy.. it'd be the ideal.
You should call it Pepe country 🐸
Or Kekland Farms.
Pepe heights
Love it!
Based on username I guess I’ll have to wear clothes. /sarc😂
Kek!
I agree! I'm hoping the deportations help to bring it down. And that the blasted rent algorithm is declared to be price collusion because it is.
State governments are the primary culprits causing increases in rents. When government allows (by law) renters to remain in their unit for many months while NOT paying rent (for whatever contrived reason) it causes rents to go up. Take away all those laws and allow easy evictions for non-payment and you'll see rents come down. If landlords are handcuffed on evictions then rents go up (gotta cover those losses) and they even leave properties vacant for longer and are unwilling to take a chance on dinged credit applicants. But if they allow easy evictions for non-payment then landlords will be much more forgiving on tarnished credit applicants. Non-payment is the primary reason for evictions.
Edit: Section 8 also causes high rents as it then becomes the "floor" for rent prices and go up from there.
What happens when all real estate is over-valued?