|
Paradoxish posted:Did anyone ever claim rents were going down? I thought it was just a slowing rate of increase, same as nearly every other kind of inflation other than gas prices. There was some hooting and hollering in early 2020 that people were moving en masse to the countryside from the cities to work remotely. Rents went up in the countryside, and rents also went up in the cities, so I figure it was just an excuse for raising rents out in places that weren't used to rent pressure. The little lovely rural area I grew up in is starting to see the same sort of institutional investment and landlording that the cities have been seeing for decades now.
|
#
?
Jan 24, 2023 16:09
|
|
|
|
| # ? May 23, 2024 17:39 |
|
|
Teabag Dome Scandal posted:
guarantee that first pending sale resulted in a disclosure they could no longer ignore.
|
|
#
?
Jan 24, 2023 16:16
|
|
|
Paradoxish posted:Did anyone ever claim rents were going down? I thought it was just a slowing rate of increase, same as nearly every other kind of inflation other than gas prices.  this is seasonally adjusted, rents actually dropped from june 09 to june 10, just a tiny bit. renting from 08-12 was a pretty good time to rent and a ton of goons probably did rent in that period
|
|
#
?
Jan 24, 2023 16:25
|
|
|
mastershakeman posted:
yeah I rented between 2007-2010 in both Milwaukee and Minneapolis and I think it was 800 and 900/month respectively
|
|
#
?
Jan 24, 2023 16:31
|
|
|
My rent in '08 was $500/month. I could actually save money each month even with my lovely restaurant job (then the economy imploded and people stopped tipping so my income went way down)
|
|
#
?
Jan 24, 2023 16:40
|
|
|
MickeyFinn posted:The only time I have seen rents stop going up (not go down) was the first few months of the pandemic. About 6 months ago I saw a UC Davis law professor who was aghast that his survey found that most Californians do not believe that a sudden 10% increase in units will cause rents to drop. I’m not sure what scenario could be posted to make me think rents would go down short of executing landlords for not lowering the rent. landlords have class solidarity through like a few programs
|
|
#
?
Jan 25, 2023 03:16
|
|
|
my friend lives in a unit owned by one of those management companies being sued for collusion through that apartment price fixing software platform 
|
|
#
?
Jan 25, 2023 16:01
|
|
|
Jenny Agutter posted:my friend lives in a unit owned by one of those management companies being sued for collusion through that apartment price fixing software platform Next time they fix prices they'll hide it better.
|
|
#
?
Jan 25, 2023 16:05
|
|
|
mastershakeman posted:
we must secure social house to create a better future for our children
|
|
#
?
Jan 25, 2023 17:43
|
|
|
Ornery and Hornery posted:we must secure social house to create a better future for our children I'm only counting 13 words here
|
|
#
?
Jan 25, 2023 17:46
|
|
|
CRUSTY MINGE posted:I'm only counting 13 words here bucko
|
|
#
?
Jan 25, 2023 18:19
|
|
|
Pittsburgh Fentanyl Cloud posted:Next time they fix prices they'll hide it better. Just pay the $14000 fine or whatever and keep doing it who cares
|
|
#
?
Jan 25, 2023 18:23
|
|
|
mastershakeman posted:
Still would have done better if I’d bought then, even some shity condo.
|
|
#
?
Jan 25, 2023 18:45
|
|
|
it's been a loooooong road, getting from there to here....
|
|
#
?
Jan 25, 2023 21:51
|
|
|
Joementum posted:it's been a loooooong road, getting from there to here.... What in tarnation? Did they add then remove a solid gold bathtub?
|
|
#
?
Jan 25, 2023 22:43
|
|
|
Joementum posted:it's been a loooooong road, getting from there to here.... Wow! What a deal!
|
|
#
?
Jan 25, 2023 22:43
|
|
|
Failson posted:What in tarnation? Did they add then remove a solid gold bathtub? The interior does not appear to have been updated since 1982. Maybe new flooring. Joementum has issued a correction as of 23:04 on Jan 25, 2023 |
|
#
?
Jan 25, 2023 23:02
|
|
|
Bold new vision from the Biden administration on the issue of rental affordability https://twitter.com/Phil_Lewis_/status/1618235179734298625 quote:Under pressure to address the nation’s soaring housing costs, the Biden administration on Wednesday announced significant new actions to protect tenants and make renting more affordable. They are going to issue a nonbinding resolution and ask others to do something, if they have the time. Thank you once again Joe for your ceaseless work in making America better every day.
|
|
#
?
Jan 25, 2023 23:29
|
|
|
Jesus christ
|
|
#
?
Jan 25, 2023 23:48
|
|
|
Just do nothing next time
|
|
#
?
Jan 25, 2023 23:49
|
|
|
Fitzy Fitz posted:Just do nothing next time But that's what they did this time
|
|
#
?
Jan 25, 2023 23:49
|
|
|
Beached Whale posted:Bold new vision from the Biden administration on the issue of rental affordability I read another story about it & it's just more grift $ for some politically connected NGOs.
|
|
#
?
Jan 26, 2023 00:44
|
|
|
“To help renters stay in affordable housing” Is that code for letting landlords off the hook for failing to keep the housing up to livable standards? No longer will slumlords have to spend any money at all on their units. Just force the tenants to stay. Where else can they afford to go?
|
|
#
?
Jan 26, 2023 00:48
|
|
|
Fitzy Fitz posted:Just do nothing next time Oh look you found the 2024 campaign slogan.
|
|
#
?
Jan 26, 2023 01:04
|
|
|
https://www.nytimes.com/2023/01/23/magazine/relatives-rent-ethics.html We Gave Our Relatives a House. Can We Make Them Pay for the Upkeep? The magazine’s Ethicist columnist on the continued obligations we have while financially supporting our family members. quote:My husband and I built a luxurious house near ours for his sister and brother-in-law after we learned that they were starting a family. Our motive was admittedly selfish: As two men, we wanted to be part of a nuclear family and help raise their children. We are well off; our brother-in-law is a blue-collar worker, and my husband’s sister stays at home because of untreated anxiety. We agreed to pay the substantial annual real estate tax and not charge them rent.
|
|
#
?
Jan 26, 2023 04:06
|
|
|
toured a home last night that was a total starter home in a lovely decaying neighborhood listed for $430k, meaning you need to earn around 10k/month to afford the monthly but traditional guidance. god bless you Sacramento real estate
|
|
#
?
Jan 26, 2023 17:01
|
|
|
Ammanas posted:toured a home last night that was a total starter home in a lovely decaying neighborhood listed for $430k, meaning you need to earn around 10k/month to afford the monthly but traditional guidance. god bless you Sacramento real estate https://www.kpbs.org/news/2022/01/24/independent-lens-owned-a-tale-of-two-americas This documentary has video of a real estate agent in 2009 driving around a development in the Inland Empire lamenting that he couldn't sell anything The signs said "Starting at low $200Ks" I can't imagine you can buy a loving thing there for low $200Ks now, let alone new construction.
|
|
#
?
Jan 26, 2023 17:03
|
|
|
thinking about affordable housing
|
|
#
?
Jan 26, 2023 17:15
|
|
|
Ammanas posted:toured a home last night that was a total starter home in a lovely decaying neighborhood listed for $430k, meaning you need to earn around 10k/month to afford the monthly but traditional guidance. god bless you Sacramento real estate This is every house in my neighborhood. $400k+ for 70-year-old kit houses with ~1000 sq ft, and close to lots of renting college students who throw loud parties. During the big housing rush, retirees bought up a bunch of them, but now they're just sitting on the market empty. Anyone who can afford them doesn't want to live here.
|
|
#
?
Jan 26, 2023 17:24
|
|
|
actionjackson posted:https://www.nytimes.com/2023/01/23/magazine/relatives-rent-ethics.html It must be hidden from your excerpt or behind the paywall but I read every word and I didn't get to the part where they GAVE their siblings/in-laws a house. At no point did the owners ever pass along their possession of capital as the headline states. Surely the venerable Times periodical of the great city of New York wouldn't mischaracterize the situation to bolster the character of the capital owners, right?
|
|
#
?
Jan 26, 2023 20:51
|
|
|
Ornery and Hornery posted:thinking about affordable housing namaste
|
|
#
?
Jan 26, 2023 20:53
|
|
|
MickeyFinn posted:namaste you're being evicted so we can raise the rent, you can't stay
|
|
#
?
Jan 26, 2023 20:56
|
|
|
Euphoriaphone posted:It must be hidden from your excerpt or behind the paywall but I read every word and I didn't get to the part where they GAVE their siblings/in-laws a house. At no point did the owners ever pass along their possession of capital as the headline states. right, they didn't actually give it to them, they own it, they just didn't charge their sibling and partner rent
|
|
#
?
Jan 26, 2023 21:04
|
|
|
I enjoyed when the capitalists explicitly mentioned that they did it for selfish reasons. and now that the kids are teenagers and don’t hang out with the capitalists, blood must be drawn.
|
|
#
?
Jan 26, 2023 21:30
|
|
|
Ammanas posted:toured a home last night that was a total starter home in a lovely decaying neighborhood listed for $430k, meaning you need to earn around 10k/month to afford the monthly but traditional guidance. god bless you Sacramento real estate I don't think you did the math right unless it's a 10 year mortgage or something.
|
|
#
?
Jan 26, 2023 21:35
|
|
|
Ornery and Hornery posted:I enjoyed when the capitalists explicitly mentioned that they did it for selfish reasons. and now that the kids are teenagers and don’t hang out with the capitalists, blood must be drawn. I did enjoy the little swipe at their take-out food habits as a way of justifying evicting their own family members from their home of over a decade.
|
|
#
?
Jan 26, 2023 21:47
|
|
|
the only real family is profit
|
|
#
?
Jan 28, 2023 01:34
|
|
|
Pittsburgh Fentanyl Cloud posted:you're being evicted so we can raise the rent, you can't stay the light in me bows to the light in you
|
|
#
?
Jan 28, 2023 01:47
|
|
|
DR FRASIER KRANG posted:I don't think you did the math right unless it's a 10 year mortgage or something. youre right, for traditional financial guidance of no more than 30% income going to housing you'd need around 8900/month for that loan assuming you put 20% down also that home i toured went to pending sale 4 days after it listed. absolutely nothing has changed in the norcal housing market since jpowell started loving the working class and it wont change if he fucks us further
|
|
#
?
Jan 29, 2023 19:06
|
|
|
|
| # ? May 23, 2024 17:39 |
|
|
Ammanas posted:youre right, for traditional financial guidance of no more than 30% income going to housing you'd need around 8900/month for that loan assuming you put 20% down All the talk about prices going down any minute now is bullshit in my experience here too. prices are still elevated and haven't gone down at all while rates went from 3.5% to over 6% I looked at this place on Thursday since my wife wanted to see it, it's a cute house but I don't even know who's going to get a loan for it because there are no similarly-priced comparables in the area. https://www.realtor.com/realestateandhomes-detail/1503-Gardner-St_Pittsburgh_PA_15212_M44603-81764
|
|
#
?
Jan 29, 2023 19:07
|
|