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poopinmymouth
Mar 2, 2005

PROUD 2 B AMERICAN (these colors don't run)

Ruzihm posted:

lol as if the very instant a bill was floated that would expropriate the rental properties of the top 1% you wouldn't rally around them in bourgeois solidarity.

I mean, I would because I think housing is a human right and as long as it was ubiquitous I'm game. But I realize the majority of landlords behave exactly like you say.

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Thermopyle
Jul 1, 2003

...the stupid are cocksure while the intelligent are full of doubt. —Bertrand Russell

poopinmymouth posted:

The top 1% rely on the next 9% to uphold the system and gaslight the bottom 90% that all is fine.

https://www.theatlantic.com/amp/article/559130/

I might be wrong, but my feeling is that for most people owning a couple of rental properties even puts then in the top 10% by net worth or income.

It certainly doesn't even come close in my area.

Ruzihm
Aug 11, 2010

Group up and push mid, proletariat!


poopinmymouth posted:

I mean, I would because I think housing is a human right and as long as it was ubiquitous I'm game. But I realize the majority of landlords behave exactly like you say.

I was actually talking to TMA ;)

Karl Barks
Jan 21, 1981

Thermopyle posted:

Additionally, I don't think it follows that policies that reduce homelessness AND the amount of vacant homes requires financial sacrifice on the part of landlords.

I guess I don't see how this makes any sense in a market system. either housing stock is expropriated, profits are taxed to fund programs, more housing stock is built to drop rents which reduces profits, etc. all of these things impact landlords negatively. unless this is like a fox business "we'll just grow ourselves out of the problem!" type argument, I don't know

poopinmymouth
Mar 2, 2005

PROUD 2 B AMERICAN (these colors don't run)

Thermopyle posted:

I might be wrong, but my feeling is that for most people owning a couple of rental properties even puts then in the top 10% by net worth or income.

It certainly doesn't even come close in my area.

Try this: http://www.globalrichlist.com/ Do it by wealth not income. You might be surprised how high up you score if you hold real estate assets and aren't up to your eyeballs in debt.

baquerd
Jul 2, 2007

by FactsAreUseless
Somewhat pertinent video on the cost of rent versus wages:

https://www.youtube.com/watch?v=EsFB1tEC1ts

Karl Barks posted:

I guess I don't see how this makes any sense in a market system. either housing stock is expropriated, profits are taxed to fund programs, more housing stock is built to drop rents which reduces profits, etc. all of these things impact landlords negatively. unless this is like a fox business "we'll just grow ourselves out of the problem!" type argument, I don't know

If you can relax zoning restrictions and other bureaucratic red tape to allow for proper and largely unrestricted development of housing, the amount of housing units available will naturally grow in number and reduce in price in accordance with what the land and buildings cost to develop. Since having a 100 unit rental complex is much more efficient than 10 duplexes, the 100 unit rental complexes will naturally result if there is enough demand and the municipality doesn't make it artificially difficult to build.

For example, I have a 4-plex and an 8-plex and a lot of the maintenance costs don't go up by 2x even though I have twice the units of comparable quality. I am incentivized to build and own larger and more dense units if I believe I can fill enough of the building to make it profitable. Oh, but wait, it takes a rubber stamp to build a couple of duplexes in adjacent lots, but approval from the town council and 2 years of planning to make a 16 unit building on the same lots.

This is one of those cases where the free market just needs to be more free to make room for lower income housing.

Ruzihm
Aug 11, 2010

Group up and push mid, proletariat!


baquerd posted:

This is one of those cases where the free market just needs to be more free to make room for lower income housing.


Karl Barks posted:

this is like a fox business "we'll just grow ourselves out of the problem!" type argument

Crazycryodude
Aug 15, 2015

Lets get our X tons of Duranium back!

....Is that still a valid thing to jingoistically blow out of proportion?


Question: have we considered chopping off the heads of the class enemies and taking all their poo poo?

poopinmymouth
Mar 2, 2005

PROUD 2 B AMERICAN (these colors don't run)

baquerd posted:

Somewhat pertinent video on the cost of rent versus wages:



This is one of those cases where the free market just needs to be more free to make room for lower income housing.

So we currently have more houses than homeless now, why would *even more* houses somehow reverse the trend of only allocating housing by income again? Is this like libertarianism where it only starts to work when you get it exactly perfect and 100% but up until then the opposite effect occurs? Isn't there a word for that... wishful thinking? denial? No true scotsman?

baquerd
Jul 2, 2007

by FactsAreUseless

poopinmymouth posted:

So we currently have more houses than homeless now, why would *even more* houses somehow reverse the trend of only allocating housing by income again? Is this like libertarianism where it only starts to work when you get it exactly perfect and 100% but up until then the opposite effect occurs? Isn't there a word for that... wishful thinking? denial? No true scotsman?

The homeless aren't typically the ones I'm trying to attract in this situation. A lot of places that could benefit the most from denser housing have tons of people commuting multiple hours because they've been priced out of the market in areas with shorter commutes. I bring these people back in by building denser housing, which is relatively cheaper for me to maintain and for them to rent. As a side effect, some people who might be near-homeless can now afford housing as a result of the overall increase in housing affordability.

ThatBasqueGuy
Feb 14, 2013

someone introduce jojo to lazyb


I too think we should fix this issue caused by developers and speculators by giving them a free hand to continue their depravations completely unabated.

All in the hopes that it alleviates a marginal % of the issue. My god have some self-respect.

baquerd
Jul 2, 2007

by FactsAreUseless

ThatBasqueGuy posted:

I too think we should fix this issue caused by developers and speculators by giving them a free hand to continue their depravations completely unabated.

All in the hopes that it alleviates a marginal % of the issue. My god have some self-respect.

You want to really gently caress over developers of multi-million dollar condos and speculators with empty houses in the highest priced real estate markets in the country? Let the developers that want to make dense and relatively affordable apartment buildings just build before engaging in fomenting societal revolution and anarcho-socialism. Worst case, you've got more housing to take over in the revolution.

Ruzihm
Aug 11, 2010

Group up and push mid, proletariat!


baquerd posted:

The homeless aren't typically the ones I'm trying to attract in this situation. A lot of places that could benefit the most from denser housing have tons of people commuting multiple hours because they've been priced out of the market in areas with shorter commutes. I bring these people back in by building denser housing, which is relatively cheaper for me to maintain and for them to rent. As a side effect, some people who might be near-homeless can now afford housing as a result of the overall increase in housing affordability.

fyi u were replying to a post asking how you can reduce the number of homeless people without inconvencing landlords.

PostNouveau
Sep 3, 2011

VY till I die
Grimey Drawer

Crazycryodude posted:

Question: have we considered chopping off the heads of the class enemies and taking all their poo poo?

:hmmyes:

poopinmymouth
Mar 2, 2005

PROUD 2 B AMERICAN (these colors don't run)

Ruzihm posted:

fyi u were replying to a post asking how you can reduce the number of homeless people without inconvencing landlords.

wasn't it still an illuminating answer how he just discarded homeless as inconsequential?

https://www.ohchr.org/EN/NewsEvents/Pages/DisplayNews.aspx?NewsID=22533&LangID=E

baquerd
Jul 2, 2007

by FactsAreUseless

poopinmymouth posted:

wasn't it still an illuminating answer how he just discarded homeless as inconsequential?

https://www.ohchr.org/EN/NewsEvents/Pages/DisplayNews.aspx?NewsID=22533&LangID=E

It's been real educational seeing how policies of treating the homeless really well in SF and LA have worked out.

https://reason.com/reasontv/2019/02/05/stossel-bad-laws-cause-homeless-crisis

There's obviously a huge problem there, but I don't see how giving them housing is going to solve any of it. Giving them proper housing is like end game level poo poo compared to the hurdles they need to jump over to get integrated into society in general.

Wiggly Wayne DDS
Sep 11, 2010



whole lot of private landlords whining, is there a social housing thread for comparison?

what are your 5, 10, 30, 50 year plans for your stock anyway?

what statutory standards do your houses have to hit in those timeframes for you to be allowed to house a tenant in there?

what regulator do you respond to and what's your interpretation of a necessary repair vs just inconvenient for you to arrange?

Kobayashi
Aug 13, 2004

by Nyc_Tattoo

baquerd posted:

It's been real educational seeing how policies of treating the homeless really well in SF and LA have worked out.

https://reason.com/reasontv/2019/02/05/stossel-bad-laws-cause-homeless-crisis

There's obviously a huge problem there, but I don't see how giving them housing is going to solve any of it. Giving them proper housing is like end game level poo poo compared to the hurdles they need to jump over to get integrated into society in general.

baquerd posted:

No one's saying slaveowners were better than that, just that slaveowners that didn't take care of their slaves got sub-par returns over the long run. If you look at the most successful slave-owners, you would expect to see a general pattern of excellent treatment of well-behaved slaves.

baquerd
Jul 2, 2007

by FactsAreUseless

Like I said, it's been educational. I didn't realize you guys were so knowledgeable about how to extract work and effort out of the thoroughly downtrodden.

Ruzihm
Aug 11, 2010

Group up and push mid, proletariat!


baquerd posted:

It's been real educational seeing how policies of treating the homeless really well in SF and LA have worked out.

https://reason.com/reasontv/2019/02/05/stossel-bad-laws-cause-homeless-crisis

There's obviously a huge problem there, but I don't see how giving them housing is going to solve any of it. Giving them proper housing is like end game level poo poo compared to the hurdles they need to jump over to get integrated into society in general.


not going to watch the video but the argument hinted at in the "article" relies on the false assumption that sufficient growth would solve the problem.

quote:

Laura Foote runs the non-profit "YIMBY Action," which stands for "yes in my backyard." The organization promotes policies that encourage more housing construction as a way to bring down prices.

Many San Francisco residents object to this mission.

"I would hate it," one woman told John Stossel.

"I think it'd be really congested," said another.

"Let me build," said developer John Dennis. He spent years trying to get permission to replace a graffiti-covered, long-defunct meat-packing plant with a 60-unit building. He eventually got permission—but it took 4 years.


also, Reason dot com is a bourgeois propaganda outlet

Ruzihm fucked around with this message at 22:48 on Mar 26, 2019

PostNouveau
Sep 3, 2011

VY till I die
Grimey Drawer
John Stossel ITYOOL 2019 holy gently caress

Thermopyle
Jul 1, 2003

...the stupid are cocksure while the intelligent are full of doubt. —Bertrand Russell

This is a bad conversation because there are multiple lines of disagreement. Two of the most surface-level discussions are about the situation wherein there are people without homes and there are lots of homes local to them that are empty, and the situation where are there are no homes/rental units available and thus the prices are high.

The solutions and moral positions for each of these situations are not the same.

Karl Barks posted:

I guess I don't see how this makes any sense in a market system. either housing stock is expropriated, profits are taxed to fund programs, more housing stock is built to drop rents which reduces profits, etc. all of these things impact landlords negatively. unless this is like a fox business "we'll just grow ourselves out of the problem!" type argument, I don't know

First off, as I think about it, my comments were in the context where I take the term "great financial sacrifice" in a manner other than what you possibly intend.


Where I talk about the problem of excess housing and homelessness:

I'll point out that increasing housing stock is not the solution in the case where we're talking about lots of empty homes sitting around,

Putting aside any policy/systematic changes and host of issues that cause homelessness...just straight up brute-forcing the problem by paying rent for the homeless isn't that large a problem in monetary terms compared to a lot of other things and I don't see any reason to see that landlords over all of the other 10 percenters or whatever would or should bear the sole brunt of the cost for that.

On another tangent, while it wouldn't be my favored solution, giving empty homes to homeless people by taking them away from their current owners wouldn't be the end of the world if done correctly. After all, there's 20-40 times vacant homes in the US as there are homeless people. Of course, that would involve relocating homeless people to where the houses are.

Where I talk about the problem of limited housing and high rents:

Many developers advocate explicitly for policies increasing housing stock in areas like CA. The thing is, is that even if limited stock increases profits per unit for existing developers, other developers want a slice of the pie in other markets that they can't get because they can't create new housing.

I can't find any studies quantifying sources of opposition to laxer zoning laws, but most of the articles I come across seem to stem from NIMBYism and not landlords wanting to protect their high rents. But I can't make any concrete claims one way or the other than to say that given what I currently know NIMBYism is the largest obstacle to increased housing supply and lower rents.

There's also the dynamic where increasing the number of available housing units lowers the per unit profit but increases overall profit by virtue of higher number of units owned.

Note, that I'm not claiming that we need more fat cat property owners, only that increasing housing supply and lowering rents is not in direct competition with profit motives.


Anyway, I'm not worried about the revolution because I live in a market where I can own rental property, charge reasonable rents, care about my tenants, help the poor, do all my own maintenance, etc. Unless of course the revolutionaries just paint with a broad brush and throw everyone who charges someone else rent up against the wall. Revolutionaries never do that, do they?

poopinmymouth posted:

Try this: http://www.globalrichlist.com/ Do it by wealth not income. You might be surprised how high up you score if you hold real estate assets and aren't up to your eyeballs in debt.

Well yeah, if we're talking globally...but I'm not sure that landlords of the type posting in this thread in BFC are the main problem with global wealth distribution.

Thermopyle
Jul 1, 2003

...the stupid are cocksure while the intelligent are full of doubt. —Bertrand Russell

Kobayashi posted:

The way you implicitly demonize homeless people here is telling.

I really wish you would explain this because it bothers me that you think I demonize homeless people.

Kobayashi
Aug 13, 2004

by Nyc_Tattoo

Thermopyle posted:

I really wish you would explain this because it bothers me that you think I demonize homeless people.

You quoted a slavery apologist talking about "the homeless," added this bolding, "My argument is that putting some random homeless people in a free 3bed/2bath in a nice neighborhood is probably going to end with the home value turned to poo poo," and raised it by saying "not just the home itself, but likely the surrounding homes." I think it is callous to place "value" above abject human suffering and infantilizing to imply homeless people "don't have any experience dealing with the maintenance, care, and handling of the responsibility being given to them."

Crazycryodude
Aug 15, 2015

Lets get our X tons of Duranium back!

....Is that still a valid thing to jingoistically blow out of proportion?


Thermopyle posted:

I really wish you would explain this because it bothers me that you think I demonize homeless people.

Letting the icky poors into the neighborhood will destroy our precious LAND VALUE, and it's better for the icky poors to freeze on the streets rather than REDUCE SHAREHOLDER VALUE

Thermopyle
Jul 1, 2003

...the stupid are cocksure while the intelligent are full of doubt. —Bertrand Russell

Kobayashi posted:

You quoted a slavery apologist talking about "the homeless," added this bolding, "My argument is that putting some random homeless people in a free 3bed/2bath in a nice neighborhood is probably going to end with the home value turned to poo poo," and raised it by saying "not just the home itself, but likely the surrounding homes." I think it is callous to place "value" above abject human suffering and infantilizing to imply homeless people "don't have any experience dealing with the maintenance, care, and handling of the responsibility being given to them."

I wasn't placing value above human suffering, I was describing the world as it is. The fact that home values lessen because The Other moved into town is an indictment of everyone else who lives in town.

I don't support the rest of that guys arguments, I specifically bolded the part I was expanding on.

You should've quoted that other guy, not me.

It bothers me that you thought I was demonizing homeless people because I spend a lot of time helping homeless and less fortunate people.

Thermopyle fucked around with this message at 23:14 on Mar 26, 2019

Thermopyle
Jul 1, 2003

...the stupid are cocksure while the intelligent are full of doubt. —Bertrand Russell

Crazycryodude posted:

Letting the icky poors into the neighborhood will destroy our precious LAND VALUE, and it's better for the icky poors to freeze on the streets rather than REDUCE SHAREHOLDER VALUE

I wasn't claiming that, I was claiming thats what others say.

Wiggly Wayne DDS
Sep 11, 2010



the answer is to hand those abandoned homes over to your local council/housing association (note: not homeowners association) and give them appropriate financing to bring up to standards fit for people to live in

Thermopyle
Jul 1, 2003

...the stupid are cocksure while the intelligent are full of doubt. —Bertrand Russell

Wiggly Wayne DDS posted:

the answer is to hand those abandoned homes over to your local council/housing association (note: not homeowners association) and give them appropriate financing to bring up to standards fit for people to live in

That might be. But I think there's a difference between abandoned homes and homes that MegaCorp is purposely keeping empty and I don't know how the percentage of those categories break down.

Wiggly Wayne DDS
Sep 11, 2010



sounds abandoned to me, i've seen no evidence of occupancy. if we don't get a reply and proof of tenancy in the next 60 days we're changing the locks

Thermopyle
Jul 1, 2003

...the stupid are cocksure while the intelligent are full of doubt. —Bertrand Russell

Wiggly Wayne DDS posted:

sounds abandoned to me, i've seen no evidence of occupancy. if we don't get a reply and proof of tenancy in the next 60 days we're changing the locks

I just meant that MegaCorp's properties probably (possibly?) (maybe?) (sometimes?) (I'm crazy?) don't require much to bring up to fit-to-live-in standards.

baquerd
Jul 2, 2007

by FactsAreUseless

Thermopyle posted:

That might be. But I think there's a difference between abandoned homes and homes that MegaCorp is purposely keeping empty and I don't know how the percentage of those categories break down.

"Abandoned" homes are going to break into a few main categories:

1. Houses that aren't worth the refurbishing cost to get into a salable condition due to taxes and valuations, or houses that are insalable in general (see Detroit)
2. Vacation houses that aren't typically used.
3. Investment houses that are held by foreign nationals who aren't interested and/or able to act as landlords as a diversification or asset-transfer/hiding effort
4. Houses owned by MegaCorp that doesn't want to get into the rental business or sell at the current market rate
5. Investment houses owned by people who don't care about money or who have decided that renting it out will hurt long term profits
6. Actual abandoned houses

I also don't know of the percentage breakdown, but when you look at this, actual abandoned houses are going to not only be a tiny minority, but be sold at tax auction because abandoned means not paying taxes in my mind.

Karl Barks
Jan 21, 1981

Thermopyle posted:

This is a bad conversation because there are multiple lines of disagreement. Two of the most surface-level discussions are about the situation wherein there are people without homes and there are lots of homes local to them that are empty, and the situation where are there are no homes/rental units available and thus the prices are high.

The solutions and moral positions for each of these situations are not the same.


First off, as I think about it, my comments were in the context where I take the term "great financial sacrifice" in a manner other than what you possibly intend.


Where I talk about the problem of excess housing and homelessness:

I'll point out that increasing housing stock is not the solution in the case where we're talking about lots of empty homes sitting around,

Putting aside any policy/systematic changes and host of issues that cause homelessness...just straight up brute-forcing the problem by paying rent for the homeless isn't that large a problem in monetary terms compared to a lot of other things and I don't see any reason to see that landlords over all of the other 10 percenters or whatever would or should bear the sole brunt of the cost for that.

On another tangent, while it wouldn't be my favored solution, giving empty homes to homeless people by taking them away from their current owners wouldn't be the end of the world if done correctly. After all, there's 20-40 times vacant homes in the US as there are homeless people. Of course, that would involve relocating homeless people to where the houses are.

Where I talk about the problem of limited housing and high rents:

Many developers advocate explicitly for policies increasing housing stock in areas like CA. The thing is, is that even if limited stock increases profits per unit for existing developers, other developers want a slice of the pie in other markets that they can't get because they can't create new housing.

I can't find any studies quantifying sources of opposition to laxer zoning laws, but most of the articles I come across seem to stem from NIMBYism and not landlords wanting to protect their high rents. But I can't make any concrete claims one way or the other than to say that given what I currently know NIMBYism is the largest obstacle to increased housing supply and lower rents.

There's also the dynamic where increasing the number of available housing units lowers the per unit profit but increases overall profit by virtue of higher number of units owned.

Note, that I'm not claiming that we need more fat cat property owners, only that increasing housing supply and lowering rents is not in direct competition with profit motives.


Anyway, I'm not worried about the revolution because I live in a market where I can own rental property, charge reasonable rents, care about my tenants, help the poor, do all my own maintenance, etc. Unless of course the revolutionaries just paint with a broad brush and throw everyone who charges someone else rent up against the wall. Revolutionaries never do that, do they?


I'm not a revolutionary, so I wouldn't know. My understanding is some countries were better than others.

Also, what if we had one big land lord which by virtue of it's size would bring the profit per unit to an absolute minimum and increase overall profit while providing a house for every person? is this a crazy idea?

Wiggly Wayne DDS
Sep 11, 2010



it'd depend where you live, over here (scotland) there's far higher standards for social housing to the point that owners in blocks are the main cause of abeyances for shqs (which is still a hilariously low bar and due for a revamp)

couple that with rolling energy efficiency minimums up to 2050 (eessh2) where social housing sets the standard for decades to come and i hope i've gave a good enough example?

baquerd
Jul 2, 2007

by FactsAreUseless

Karl Barks posted:

Also, what if we had one big land lord which by virtue of it's size would bring the profit per unit to an absolute minimum and increase overall profit while providing a house for every person? is this a crazy idea?

I think you're confusing the economies of scale that come with building denser housing and the competitive forces that actually reduce rents. You can go full socialism and try to give everyone affordable rent, but then you start down the road of having to pay for that poo poo when there is no incentive for anyone to work harder just to pay more and extensive corruption where those who "know" the "land lord" in this case get extremely preferential treatment. That way lies actual socialism and societal collapse, as compared to capitalist countries that have strong social safety nets. That way is why monopolies are illegal.

Ruzihm
Aug 11, 2010

Group up and push mid, proletariat!


Karl Barks posted:

I'm not a revolutionary, so I wouldn't know. My understanding is some countries were better than others.

Also, what if we had one big land lord which by virtue of it's size would bring the profit per unit to an absolute minimum and increase overall profit while providing a house for every person? is this a crazy idea?

that sounds revolutionary to me pal :toughguy:

Wiggly Wayne DDS
Sep 11, 2010



baquerd posted:

I think you're confusing the economies of scale that come with building denser housing and the competitive forces that actually reduce rents. You can go full socialism and try to give everyone affordable rent, but then you start down the road of having to pay for that poo poo when there is no incentive for anyone to work harder just to pay more and extensive corruption where those who "know" the "land lord" in this case get extremely preferential treatment. That way lies actual socialism and societal collapse, as compared to capitalist countries that have strong social safety nets. That way is why monopolies are illegal.
perhaps make it a regulated industry with an ombudsman for complaints and have transparency down to average rent/unit size all viewable online

oh and yearly regulatory returns with auditors everywhere

Karl Barks
Jan 21, 1981

baquerd posted:

I think you're confusing the economies of scale that come with building denser housing and the competitive forces that actually reduce rents. You can go full socialism and try to give everyone affordable rent, but then you start down the road of having to pay for that poo poo when there is no incentive for anyone to work harder just to pay more and extensive corruption where those who "know" the "land lord" in this case get extremely preferential treatment. That way lies actual socialism and societal collapse, as compared to capitalist countries that have strong social safety nets. That way is why monopolies are illegal.

Yet there are monopolies, whether they're regional or national, everywhere. I did get a good laugh out of "That way lies actual socialism ... strong social safety nets", I can see who I'm talking to now.

baquerd
Jul 2, 2007

by FactsAreUseless

Wiggly Wayne DDS posted:

perhaps make it a regulated industry with an ombudsman for complaints and have transparency down to average rent/unit size all viewable online

oh and yearly regulatory returns with auditors everywhere

It's the classic problem with any giant bureaucracy - who watches the watchers and how much does it cost? Either you get corruption or massive inefficiencies and cost overruns. Sometimes both! If you think rent is bad now, wait until you need to also pay the salaries of 4 overseers to audit the poo poo out of everything that's going on between you and your landlord, and if it's not you specifically paying, someone is.

Regulations need to be in the housing market, but over-regulation can be just as damaging as under-regulating.

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baquerd
Jul 2, 2007

by FactsAreUseless

Karl Barks posted:

Yet there are monopolies, whether they're regional or national, everywhere. I did get a good laugh out of "That way lies actual socialism ... strong social safety nets", I can see who I'm talking to now.

Monopolies certainly exist and need to be broken by the government (especially in telecom). I'd like to go further down this line of conversation, but it's not relevant to rental property as near as I can tell.

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