[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 190 KB, 1024x977, 1568299558164m.jpg [View same] [iqdb] [saucenao] [google]
15568335 No.15568335 [Reply] [Original]

Are you fucking kidding me?

>> No.15568338
File: 77 KB, 645x729, 1515783767254.png [View same] [iqdb] [saucenao] [google]
15568338

>>15568335

It's actually a good thing.

Why would greedy Kike landlords be permitted to arbitrarily increase rents on a whim?

>> No.15568347

>>15568338
>

>> No.15568357

>>15568338
Why do people support free trade while oppose free realestate market?

>> No.15568378 [DELETED] 

>>15568338
High rents keep out the niggers and spics.

Rent control is government subsidized integration. I would be in favor of rent control in a homogenized society like Japan, however.

>> No.15568393

>>15568338
Because there's someone willing to pay the price. If two parties agree to that transaction, why is the gubmint meddling?

>> No.15568397

>>15568335
rents are fucked rn

>> No.15568414

>>15568338
>what is a shortage created by a price ceiling
kill yourself

>> No.15568422
File: 106 KB, 320x320, 1532633546539.png [View same] [iqdb] [saucenao] [google]
15568422

>>15568335
man if they think housing is expensive now just wait a few more years. the negative economic repercussions of rent control have been clearly demonstrated every time they are tried. people are so fucking stupid.

>> No.15568442

I got an idea. Why not let them build more housing instead of creating an artificial scarcity.
I know why cause the people in office like to steal property then sell it for a premium

>> No.15568449

>>15568393
Right? If you dont want to pay that price, just go live in the woods or something, fucking retards.

>> No.15568450
File: 164 KB, 887x900, 1566165577217.jpg [View same] [iqdb] [saucenao] [google]
15568450

>>15568335
>Dindu gets gentrified
>Evil white man wants to build more high density housing which would drive rent down
>Dindu protests this, gubmint stops evil white man
>Dindu and gubmint wonder why rent is so high
>Gubmint tries to fix with more 'rules'

It's a self repeating cycle of liberal delusion

>> No.15568457

>>15568338
>kikes in real estate bad
>kikes in government good

>> No.15568475

>>15568378
Poor people (anyone outside of the top 1%) don’t get to pick who they live next to. That would be racist. We all need to look beyond our skin color and share especially if we want to keep our environment intact. Building more homes would not be very green.

>> No.15568487

>>15568393
Yeah so you argue that people actually fucking NEEDING to live somewhere is a good place to start haggling with price rather than using this for shitty consumer products like TVs or phones? This is just like when my government sold our electric grids to private owned firms and now they've made electricity transfer bills go up like 700% or something because the private companies now literally own a fucking monopoly???

>> No.15568504

It’s not the end of the world per se it’s just that if you have a tenant you may only raise the rent up to a max of 5% plus inflation. If however the tenants leave the property then you can raise the rent as high as you want. The problem is there is a new law that may pass which prevents landowners from kicking out tenants whenever they want. It has to be a justified cause. So if retarded tenants are damaging your property but they pay there bill on time, you can’t evict them.

>> No.15568511

>>15568487
Rent control appears to help affordability in the short run for current tenants, but in the long-run decreases affordability, fuels gentrification, and creates negative externalities on the surrounding neighborhood. These results highlight that forcing landlords to provide insurance to tenants against rent increases can ultimately be counterproductive.

>> No.15568524

>>15568504
>max of 5% plus inflation
So basically fucking nothing. That's higher than most apartment complex rates per year. Funny thing was that it was 3% before

>> No.15568533

>>15568357
Because they're either conspiracy theorists with a heaping helping of cognitive dissonance, or Russian FSB operatives just looking to stir the pot with Westerners (I'm on to you viachislav, you dirty little rat)

>> No.15568585

>>15568524
There were some landlords increasing rent by 10% annually at least in SoCal

>> No.15568600

wow there are so many landlords here

>> No.15568605

>>15568335
HAHAHAHAHAAHAHAHAHAHAHAHAHA...
LA Latino's own your ass in politics, while jews own your ass in property.
Someone should burn Harvard out of CA though.

>> No.15568608

people cant afford $1500 rents for a 1br when they make under 40k lol

>> No.15568616

don't ask what government can do for you, better ask whether it might not be doing some things

>> No.15568621

>>15568600
Na they aren't, the are just temporary poor millionaires.

They think they'll be rich one day

>> No.15568627
File: 99 KB, 720x720, 0fucks.jpg [View same] [iqdb] [saucenao] [google]
15568627

>>15568335
>Shortage of housing
>Rent control
>Productive people now disincentivized from building new housing
>Shortage gets worse and overall population either shrinks or homeless population swells
Why are libshits so stupid?

>> No.15568631

>>15568414
>what is a shortage created by a price ceiling
An indication that IT'S FULL FUCK OFF

>> No.15568639

rent control is conservatism. libs want no rent control and flood the country with cheap labor. = more homeless

>> No.15568646

>>15568378
Government forced integration is done with public housing projects, not rent control. Fuckin idiot

>> No.15568655

>>15568338
Here's your (You), don't spend it all in one place

>> No.15568657
File: 209 KB, 700x700, 5BCA843F-684A-4428-8162-2F643FED6A66.jpg [View same] [iqdb] [saucenao] [google]
15568657

>>15568393
This is your brain on libertarianism

>> No.15568661

>>15568335
Isn’t this the state that’s about to go full Bubonic Plague due to the sheer number of rats?

>> No.15568668

rent is like healthcare, nobody can afford it these days and its all privately owned

>> No.15568669

>>15568378
Pretty much this, it's an anti white flight measure.
Not going to cry on this though since those fuckers are the first ones to shill for wetbacks, most of them will probably move to Texas though.

>> No.15568678

>>15568378
>>15568669
high rents screw over whites too.

>> No.15568679

>>15568631
yeah I'll just go live somewhere else because your capabilities are so underdeveloped that you need to freeze all new competition in your geographic area in order to remain viable. hahahahahaaha how bout no faggot

>> No.15568691

>>15568678
No way dude. If you do anything that helps whites, the kikes win!!! Don't you get that????

>> No.15568692

>>15568679
>you cant compete enough
most people cant. but landlords dont care as long as the money keeps coming in

>> No.15568700

>>15568691
yes dude. rent and healthcare is all privately owned and unaffordable. democ rats cant and wont fix that, only fudd it even further

>> No.15568706

>>15568657
You shouldn’t have dropped out college

>> No.15568708

>>15568679
You sound like a kike

>> No.15568719 [DELETED] 

>>15568335
What next? They going to make people give their properties to illegals and niggers?

>> No.15568732

California itself is a fucking bubble in so many ways.

>> No.15568733

>>15568719
lmao! all the homeless i see are mostly whites

>> No.15568750

>>15568487
>need to live somewhere
>can't afford to pay a house in the city
>move to the countryside
>become slave of some farmer and work for roof and food
That's how it has always been, and that's what you get for having no skills that you can use to make enough money for a house in the city. You are NOT entitled to a house in a rich city; you are not enitlted to a comfortable life either. Man up, like >>15568449 said; 3 gens ago, my family lived in a literal cave. You've no excuse.

>> No.15568754

>>15568335
there's better ways to do it than rent control but something needed to e done in cali. I can't believe they pay that big of a % of salary on housing

>> No.15568764

>>15568750
right. but when you have hundreds of homeless in the streets EVERYDAY its grown beyond just "man up"

>> No.15568774

Watch this fail horribly in the next 10 years. Rent control doesn't work.

>> No.15568805

capitalism supports the wealthy at the cost of everyone else. looks like the bottom is rotting away. you can turn a blind eye to it but it will eat its way up top eventually

>> No.15568810

>>15568378
Dude, someone has to serve your latte, and wash the dishes after you finish your burnt steak. But none of these positions are worth $50K salaries.

>> No.15568821

>>15568774
oh yes it does.
Economics is complicated and diverse. no one single tweak will keep everything perfect. adjusting here creates imbalance there. But we try when the system is broken. Right now it's broken because you can't start from the bottom and work your way up without help from friends, family or govt

>> No.15568822

>>15568338
Perfect timing for my $1000 Yang bux

>> No.15568825

>>15568750
until you are dragged out to the street and is burned alive by the angry homeless mobs

>> No.15568831

>>15568825
no. that wont happen. but everytime you step outside you will see hordes of homeless living on the streets.

>> No.15568842

>>15568750
Wow we certainly couldn't aspire to be better than society 300 years ago now can we.

>> No.15568861

The wealthy or big guv should buy up all the $1 houses in Detroit build the houses up to livable and move all the homeless there.

>> No.15568947

>>15568661
Haven't heard about that, but seems likely

>> No.15568982

>>15568335
>women, kikes and others kind of Logod-rejecting retarded satanists are in control of [AREA]
>WHHHAT, WHY IS [AREA] A COMPLETE SHITHOLE, WHO COULD HAVE PREDICTED THIS
Get some Logos, christcuck.

>> No.15569052
File: 1.98 MB, 381x434, proxy.duckduckgo.com.gif [View same] [iqdb] [saucenao] [google]
15569052

>>15568657
Wow, so brains on libertarianism are so massive that their gravitational force makes them collapse onto themselves! Damn, those guys really are something

>> No.15569091

>>15568600
you dont have to be the top dog to support the free market.
commie scum

>> No.15569136

>>15569091
That's true. You can be a cuck like yourself :^)

>> No.15569139

>>15568335
>forcing college educated middle-class zoomzooms and late millenials to live beside knuckle dragging oogaboogas
a sure fine way to drive up the number of rep voters

>> No.15569161

>>15568335
They did this on my country, market is going to crash so bad.

>> No.15569174
File: 48 KB, 800x729, 1520482577344.png [View same] [iqdb] [saucenao] [google]
15569174

>>15568338
>Why would greedy landlords be permitted to arbitrarily increase rents on a whim?

what is private property for $20.41 trillion, Alex

>> No.15569192

>>15569174
>hurr durr my car is my privut propertee how dare u require me to get a license and buy inshurance MUH NON AGGRESIONNPRINCIPUL HAS BEEN VIOLATED

>> No.15569204

>>15569192
are you really this stupid or are you trying to drop bait

>> No.15569234

>>15568821
I think it may be good in the short term, but allowing them to just build more housing would probably be a better solution to the problem. There is too much red tape everywhere to actually build more.

If landlords can't charge enough money to profit, building conditions will deteriorate and it takes away any incentive to build more even if the municipalities allow it. Why should they build new housing if they can't make money?

>> No.15569244

Please not the landlords!

>> No.15569261

>>15569204
Shut up, lolbertarian

>> No.15569282

>>15568631
If it's full then YOU fuck off if you're too poor to live there.

>> No.15569303

>>15568335
i love commiefornia

>> No.15569520

>>15568338
Price is just a reflection of scarcity. Putting a cap on rent doesn't change the fact that there isn't enough housing, and fools people into believing otherwise.

>> No.15569620

>>15568861
We have more empty houses than homeless people in this country

Really makes ya think

>> No.15569698

>>15568627
well they're not stupid, that is exactly how they intend this shit to work out
Only their rationalization for these plans sounds stupid

>> No.15569906

>>15568338
>>15568335
The housing supply is a Mexican standoff between landowners and landlords - no one wants to be the last one to turn small houses and apartments into massive complexes, but at the same time no one wants to be the first to try to turn the currently low-risk low-investment high-reward small density housing into higher risk lower-reward high density housing.
There's too much pushback to anyone who'd try to muster the cash to build very tall housing for it to be worth forcing through, and in fact it hurts the relative value of every other house immediately, and despite some gain to the first to do it, it'll actually even out and probably result in less of a long term gain for all that adjustment of the housing value.

In the current status, the value of land extends far further from the centre of cities because people want to live as close as possible, but density of housing space forces the same amount of people over a larger area.
If someone in the middle of the current radius of habitation for a California style city turned a row of houses into a row of tenements with five or six times the amount of people, they've put everyone on the outside of the ring the financial equivalent of five or six current increments of demand further away from the centre. They've also reduced the pressure for value on the inner city's houses, though likely not as much.
If that was allowed to turn into a trend, it would massively shrink the extent of the valuable land in the city, but since the cities are already built to handle habitation in a large radius, the land where tenements are built are not actually protected from being flanked by tenements further out until there is enough housing for every price bracket. Therefore it's ultimately in the interests of the people who have the most incentive to expand housing supply to avoid expanding housing supply.
In short, the system of liberal capitalism is making good municipal governance impossible to benefit landowners

>> No.15569944

>>15568357
I'm a national libertarian. Nobody outside of the us should be able to freely interact with our market and own property or devalue our labor.

Get fucked china

>> No.15569971

>>15569282
I'm not a Californian, but if I was there already, then YOU should fuck off, because YOU would be the one coming in.

>> No.15570028

>>15568750
>have skills
>gets undercut by an H1B who'll do your job for 45-55k

>> No.15570043

>>15568335
t. seething kike. you and your kike family bought all the fucking land 100 year ago and you think we're here to slave away for you. pro tip: we wont

>> No.15570045

>>15569944

This

Foreigners shouldn't be allowed to buy property in the US.

>> No.15570050

>>15569052
Not funny

>> No.15570051

>>15570028
This. Bitch at people for getting a degree all you want, any good field is getting wrecked by cheap labor because we have to sit through 4 years of bullshit for a degree while Pajeet can take classes for what an employer wants and get paid. It's horseshit but allowed to continue by loan jews

>> No.15570057

>>15568335
Artificially constrain supply, artificially constrain cost to create shortage.

Property prices go up since you can still buy/sell no problem. Rent becomes available as a reward to the politically well-connected.

They know what they are doing. There are useful idiots but the end goal is to take everything.

>> No.15570062

>>15568335
I live in Canada I have spent lots of money on my properties and rent for fair market value.

This is tyrannical what they are doing in California why should we be forced to lower our rent so that niggers can have a place to stay. Fuck that. Stupid Jew goverment does everything they can to help niggers and hurt whites. I already pay so much in taxes for shitskins. Not to mention that this will cause a mass selling and housing collapse. I wouldn’t doubt the Jews would snag our assets for pennies on the dollar and then become state wide slum lords like the Jews that own everything in Venezuela/Brazil and all the other shithole socialist countries with diversity.

Seriously need to deport all shitskins to Israel along with the kike bastards that use them as a weapon against us. All jews want is whites to suffer and to steal all our assets. They have done this many times throughout history all the while pretending to be humanitarian’s for their proliferate golem and in present times the “minorities” golem.

>> No.15570101

>>15568750
>You are NOT entitled to a house in a rich city; you are not enitlted to a comfortable life either.

Based. To take this a little further I would even go as far to say nobody is entitled to anything. There is no such thing as “rights”. If you are not pleased with the way things are then either work hard to make your situation better or fight back against (((those))) with power and become a revolutionary.

All of us get what we deserve. Our shit society is our fault for letting (((people))) walk all over us.

>> No.15570110
File: 86 KB, 500x593, E750C0DAA8CD4B879EB24EBDF094AA37.jpg [View same] [iqdb] [saucenao] [google]
15570110

>>15570045
I can't believe this is allowed to continue. But it's an issue nobody is talking about because it isn't as fun to be upset about, and the left (who has no reason to oppose this other then MAYBE racism which could be fixed with an occupancy clause) won't talk about it because it involves agreeing with Drumpfy about China. It'll be too late for coast States then they are gonna come for my state.

Life is pain

>> No.15570134

>>15570051
To make matters worse those same pajeets get their degrees in their home countries for dirt cheap too. I work with a Bangladeshi EE who paid only 5k TOTAL for her fucking MASTERS in EE.

Yes, I'm sour at hearing that.

>> No.15570143

When did biz become infested by so many liberal faggots? Literally kill yourself if you support rent control you fucking nigger

>> No.15570177
File: 69 KB, 340x372, 1553580602340.jpg [View same] [iqdb] [saucenao] [google]
15570177

>>15570134
The worst part is that also isn't something anyone wants to talk about. Because HURR DUMB LEFTIES LOL GO INTO TRADES WHICH ARE ALSO GONNA BE PHASED OUT. I'm not even sure what my political views are anymore. Whole thing is so fucked. All I know is I have a job with a degree paying me 54k and I'm clinging to it even if I don't find the job particularly rewarding.

>> No.15570237

>>15570143
go suck shekelsteins dick dumb bootlicker

>> No.15570249

>>15570143
One day I'll be a slumlord

>> No.15570281

>>15569520
>there isn't enough housing
Wrong.

>> No.15570315

>>15570177
>The worst part is that also isn't something anyone wants to talk about. Because HURR DUMB LEFTIES LOL GO INTO TRADES WHICH ARE ALSO GONNA BE PHASED OUT.
Every mainstream side (including lolbertarian) is based on emotional idealism about how the economy works and how that relates to what people deserve. All it does is obscure how things actually work and what processes produce which results.
Another big problem is the public/private distinction which isn't really coherent let alone illustrative of the operation of the system.

>> No.15570335
File: 136 KB, 856x1015, 7B56D665-51AF-4A68-B1B3-C6D189E9F544.png [View same] [iqdb] [saucenao] [google]
15570335

>>15568442
Uhh actually I’d rather have kike special interest groups stifle any infrastructure development and pollute our country with double digit iq third worlders desu.

>> No.15570340

>>15568335
Kill yourself, retard. That is the main issue of this country anf you want more abuse in power for landlords? Do the world a favor and die, dumb bitch. Real estate shouldn't even be a for profit thing,faggot. That's the main problem.

>> No.15570341

This is great news because rent control has always worked as intended and has no downsides. Congrats California!

>> No.15570351

>>15570340
>I take every piece of mostly invisible infrastructure completely for granted. Everything should be free! Profit is evil!

>> No.15570360
File: 41 KB, 640x636, 1549003159796.jpg [View same] [iqdb] [saucenao] [google]
15570360

>>15568487
THIS. Luxuries should be priced at whatever. NECESSITIES shouldn't be for-profit. OP is a retard. It's because of people like him that this country js utter dogshit (78% of fulltime workers livong paycheck to paycheck,etc etc etc).

And in California, there's a 19% poverty rate. OP is a dumb mother fucker that wants to increase poverty rates.

>> No.15570367

STEP 1 empose height restiriction and no new building permits
STEP 2 Rent and property prices skyrocket due to no new supply
STEP 3 commiesurprisedpikachuface.jpg
STEP 4 Impose a new regulation and useless price control mechanism to stop high prices
STEP 5 Fuck free market doesnt work REEE its all the billionaires fault reeeee

>> No.15570375
File: 59 KB, 424x693, 1564775044314.jpg [View same] [iqdb] [saucenao] [google]
15570375

>>15570351
Here,motherfucker >>15570360

Real estate shouldn't be for profit. Imagine pricing a gallon of water at 2k "just because I can". Dumbfuck.
>dur hur as long as people are willing to pay for it

>> No.15570380
File: 42 KB, 428x449, 437281C2-153B-481C-A9BE-3057CD325D6C.png [View same] [iqdb] [saucenao] [google]
15570380

>>15568335
Rent control is good. It prevents shit like suddenly raising rent from $500 to $3000 from happening.

>> No.15570392
File: 276 KB, 1066x600, 1565374665650.png [View same] [iqdb] [saucenao] [google]
15570392

>>15570367
Free marlet DOESN'T worl for real estate. Just look at the current situation with how people are struggling financially

78% of full time workers live paycheck to paycheck ( *LITERALLY one paycheck away from homelessness and that is basically poverty* ). *42% of americans will retire broke* (so you give up the best years of your life being someone's bitch just to retire with nothing), 57% of americans can't afford an unexpected 500 dollar bill, 50% of renters are cost burdened (spend over 30% of their income on rent. Half of those spend over 50% of their income on rent), 30% of metropolis city jobs (where most jobs are created) pay hardship wages (not enough to move out with) and 32% pay livable wages (basically poverty) which leaves 38% that are decent (I say decent because you also have to take into consideration the toxicity of work culture. Also, some jobs ONLY pay livable or up BECAUSE of the hours put in. For instance, the average american works 47 hours a week. 49% work 50 hours or more a week. Both of which inflate the wage stats into looking better than it actually is), etc.

Literally EVERYTHING I mentioned revolves around housing costs. Idiot.

>> No.15570408

>>15570367
Free market won't extricate the cities from the current predicament. Everyone who can build taller buildings has more incentives not to than to do so, and because of the political system even if someone wanted to and could financially, the current system will be preserved because the structures of rentseeking and patronage-privilege are predicated on the financial system maximising the extraction of wealth from the have-nots to the haves.
Keeping the system as it is now, where the landowners gouge the landless to the point that they struggle to get any more out of them, is more likely to continue than for landowners to reduce the value of the land around them or the political system to allow some landowners to try doing that.

>> No.15570526

>>15570375
Absolutely retarded argument. Water has no scarcity so you can't set the price at whatever you want. You can argue about shoulds and shouldn'ts but the fact is we don't live in a utopia and there are realities regarding price that can't be ignored

>> No.15570528

>>15570408
>>15570392
supply and demand works in every market period. increase the supply to match the demand and prices will drop.Read hayek , friedman, mises.Learn basic economy.

>> No.15570536

That's ok goyim. The rent will be set at the designated threshold. You will just have to pay an extra monthly maintenance fee in addition to the rent.

>> No.15570546

>>15570528
My point is, who's going to raise the supply?

>> No.15570570

>>15570392
They dont know the rules.Capitalism revolves around saving your capital.General public is gonna live paycheck to paycheck even if you give them 1 million USD every month.Poor mentality doesnt change.Save your money invest dont buy things you cannot afford easy.Being poor in USA is a choice of the people.

>> No.15570573

>>15570526
>Absolutely retarded argument. Water has no scarcity so you can't set the price at whatever you want.
Retard missing my point. The point being necessities shouldn't be priced at whatever.
>and there are realities regarding price that can't be ignored
Too vague for me to understand wtf you are trying to say here

>>15570528
Lol no it doesn't work, dumbass. You just ignored the stats I mentioned so you can say the same narrative. Nice. Ignorant.

Also, that's retarded logic because there are 6 vacant homes for each homeless person yet housing costs are still inflated,dipshit.

>> No.15570584

>>15570570
>Being poor in USA is a choice of the people.
Nope. This system is designed to purposely keep people from being able to save money (in the form of making the cost of living unreasonably expensive). This system is designed to not allow the common person to be able to invest.

>> No.15570605

>>15570546
change the height restrictions to the 5 floor give easy building permits to construction companies. Open new empty lands to home building.Watch the land and rent prices drop.As old landlords and new landlords will create a natural competition with each other.

>> No.15570609

>>15570528
ALSO, even if raising the supply did lower the cost of housing, the point is homes should be priced at the cost of material and labor, not on some random ass big number "just because it can be done".

>> No.15570627
File: 70 KB, 775x719, 9E9D1CB9-654E-400B-B171-BAE37C043744.jpg [View same] [iqdb] [saucenao] [google]
15570627

>>15570367
Woke

>> No.15570634

>>15570605
That's not going to happen because the current system is more profitable.
When good governance and profit stand at odds with each other, which will the "free market" choose?

>> No.15570664

>>15570609
Speak for yourself.I paid my taxes and extracted over 500 grand in crypto thanks to free capital flow.You could have bought apple stock for 2 dollars or amazon after the dotcom crash.But you didnt because seeing and watching is different.

>> No.15570688

>>15570634
you are mistaking capitalism with crony capitalism.Poorly educated people with democracy eventually will collapse due to dumbness and ignorance of the people.

>> No.15570732

>>15570609
also black people destroy land value.Import black people make them go dindu and you have a cheap housing with little risk to be murdered at night.Free market doesnt lie it is the nature itself.

>> No.15570738

>>15570688
>you are mistaking capitalism with crony capitalism
Capitalism is crony capitalism. What's one to do with money except buy cronies?
>Poorly educated people with democracy eventually will collapse due to dumbness and ignorance of the people.
And what will replace it? You're describing capitalism being replaced with... more capitalism, but good this time?

>> No.15570742

>>15570664
I am NOT going to speak for myself hence the STATISTICS. Stats > anecdotes.

Also, you could literally say the same shit with anything.
"You could have bought eth early!", "you could have bough chainlink early and sold at 4 dollars!", "you could have bought btc early!".
Shut up. It's not something that can be seen as an "optimal" choice considering how unpredictable the market is.

>> No.15570755

>>15570732
And that's retarded. Prices shouldn't be based on location. That's fucking stupid and archaic. It should be based on price of material and cost of labor. MAYBE a small roi, but that's it.

>> No.15570773

>>15568338
Rent controls only cause off-record shenanigans between landlords and renters and other market skeweries.

Scarce resource does not become more available by stifling the market. It only becomes more available by increasing the supply or decreasing the demand.

>> No.15570779

>>15570738
Monarchy with based family will create empires.See british empire.Privatize the entire education system let education be expensive so people willing to learn will go to them including professors.Subsidizing universities create gender studies.Imagine what will be done when the entire education system privatized let me give you a clue. Useful education.

>> No.15570788

>>15568335
They could solve this issue instantly by banning the Chinese from buying up American properties, which is the main reason prices are so high, but the Democrats are bought and paid for by the CCP so that will never happen. Eventually every big city in the US will be Vancouver.

>> No.15570799

>>15570755
And who will enforce the price controls gestapo ?
lining them to the streets put a gun in their head and tell them to stop rising prices thats how you get millions of people dead in communism.

>> No.15570819

>>15570779
>Monarchy with based family will create empires.See british empire.
I agree that that's the most ideal outcome and a possible one, but that's not how the british empire operated.
>privatised education
I think decentralising it and making it respond to incentives and innovation is a good idea, but it's not going to be an improvement (hard as that may seem) unless people are subsidised to spend on it. It'll just disappear from the lower classes and even middle classes as another formerly affordable staple of modern living standards.

>> No.15570828

>>15569192
>>15569261
Bootlickers get the rope.

>> No.15570838

>>15570773
>Scarce resource does not become more available by stifling the market
Even if housing didn't become "more available", what the fuck does it matter so long as it's cheaper??
Also, how is that "stifling" being able to create more housing??
Is there evidence to show rent control leads to less housing being built?
Even if so, I feel this is something that should be solved with tax payer money rather than relying on some randoms. Real estate shouldn't be "for-profit". It should be based on trying to make kt accessible to everyone.

>> No.15570849

>>15570742
It is not the markets fault you cannot see. holding 60k link didnt sell never selling the disruptive technology potentially worth trillions due to derivatives and insurance capital flow.

>> No.15570850

>>15570828
Libertarians lick boots and say that's good if the boot doesn't have a stamp that says "government" on it.

>> No.15570854

>>15570850
This.

>> No.15570858

>>15570799
...what the fuck are you talking about? If It's a law, you obey. There would be no need for extremist violent ways of handling this.

>> No.15570874

>>15570838
road to hell is paved with good intentions.Commifornians think they are the angels and protector of the state while destroying the state with regulations.

>> No.15570878

>>15570799
As opposed to enforcing the prices through...?

>> No.15570880

>>15568661
paris too

>> No.15570885

>>15568338
This.

Government makes being homeless or living in shacks/tents essentially illegal. Therefore, they are obligated to control rent precisely because they force residence to rent.

>> No.15570898

>>15568764
>homeless
anon, I...

>> No.15570900

>>15570858
its a law you obey.Kek.Search for cuban black markets.People are willing to get a jail sentence for a box of marlboros.According to you socialist and communist countries should be at the top of the most comfortable life.Opposite is true im afraid.

>> No.15570917

>>15570878
you dont enforce anything you only need to have a balanced supply and demand it is that easy.

>> No.15570918

>>15568335

Don't worry OP, rent control only causes rent to skyrocket due to massively reduced supply.

>> No.15570925

>>15570143

I’m Chaim Goldblatt and I approve this post

>> No.15570928

>>15570885
California is currently infested with tent cities. They have a crisis. Anyone acting like we can just sit back and let muh free market do its thang is retarded

>> No.15570929

>>15570918
finally some based and intelligent people here

>> No.15570932

>>15569944

>I’m a meme libertarian who believes in interfering with the market when it’s convenient for me

>> No.15570935

>>15570917
>you dont enforce anything
Prices have to be enforced.
>you only need to have a balanced supply and demand it is that easy.
What do you mean by that? Enough for everybody?

>> No.15570942

>>15570918
The price will skyrocket regardless.

>> No.15570963
File: 7 KB, 231x219, CF454921-3DAB-4EBC-B966-C85F8325FE93.jpg [View same] [iqdb] [saucenao] [google]
15570963

>>15570935
He literally thinks because he can draw a supply/demand curve, there is therefore no problem to be solved.

>> No.15570971

>>15570928
crisis that local government created itself with dumb rules.

>> No.15570985

Cities do not want to become empty carparks full of empty investment towers
Eventually you bleed enough taxpayers into nearby counties that you gotta make some changes

>> No.15570990

>>15570963
>demand line goes down because earthquake destroys california
hmm this is good because the invisible hand killed all those people
>supply line goes up because government builds tenements
OH MY GOD THIS IS LITERALLY 100 MILLION DEAD

>> No.15571003

>>15570935
prices have to enforced yikes okay buddy educate yourself or stay poor and ignorant your entire life.When did biz get full of literal idiots.

>> No.15571018

>>15570838
>Even if housing didn't become "more available", what the fuck does it matter so long as it's cheaper??

So, a system where you need to either have connections or pay your landlord in secret to actually land that rent flat is better? Or how do you think the landlord picks a new tenant?

>Also, how is that "stifling" being able to create more housing??

Even if it doesn't directly do that, rent controls are a band-aid solution to a problem that only gets solved by building more housing. At best it only distracts from the real solution and at worst, in actually disincentivices private real estate investments.

Ask youself: are they starting public housing projects already, or do they just fish for liberal votes by pretending to do something to the egregious rent prices?

>> No.15571021

>>15571003
What's to make people pay landlords to live in a house? Why don't they just live in the house and not pay the landlord?

>> No.15571038

>>15568335
>muh free market

IDK how to feel about this, seems like statism and also, if the state wanted to intervene it should do it on some other level, not end point renting

>> No.15571043
File: 189 KB, 434x245, 1517790772466.png [View same] [iqdb] [saucenao] [google]
15571043

I know it will never happen but isn't the solution obvious?

Simply don't let people in if they don't have a degree or a high paying job offer. Rent isn't an issue for successful people here it's all the losers who move here and ignoring the fact the competition is extreme.

>> No.15571045

>>15570900
You're a fucking brainlet. By your logic, ALL laws are worthless and have no purpose.

Let me give you an example of how dumb you are. Traffic tickets. Passing the speed limit is against the law. Do people still do it? Yes. Does it lower the rates at which people do it? Yes again.

>> No.15571052

>>15571021
nice bait you almost got me kek.

>> No.15571056

>>15570874
WEAK argument. Under 100IQ points I presume?
Literally no content.

>> No.15571061

>>15570971
Or maybe it's the expensive housing costs and that's why there's also a 19% poverty rate?
NAAAAAAA it couldn't be, huh??

>> No.15571065

>>15571052
Can you answer the question?

>> No.15571066

>>15571045
imagine just imagine comparing traffic ticket to cuban black markets that people buy food cigarettes and transmission fluid.

>> No.15571067

>>15568338
take an economics class you brainlet. its people like you why i buy bitcoin

sage

>> No.15571070

>>15568335

Renting homes/land where the majority of persons income is spent on rent is literally feudalism. It should have banned years ago. But yes, if you insist, suck my toe you fucking peasent

>> No.15571071

>>15570143
>When did biz become infested by so many liberal faggots?
they are here to provide liquidity when we dump our shitcoins on them, because they are financially illiterate

>> No.15571093

>>15571018
>So, a system where you need to either have connections or pay your landlord in secret to actually land that rent flat is better? Or how do you think the landlord picks a new tenant?
First come first serve, dummy. Even if your scenario were accurate, employers literally do the same thing but you have no problem with that,huh? Also, I'm not saying to NOT buuld more homes. I am saying homes in general should be made as cheap as possible.

>rent controls are a band-aid solution to a problem that only gets solved by building more housing.
Not a band aid. Also, "solved by building more housing". Is that why there are 6 vacant homes per homeless person? More cheap housing should be created, but by itself, that is not the solution. That's a half assed solution. You're just too indoctrinated by "muh free market" to comprehend this.

>> No.15571106

>>15571066
imagine just imagine comparing housinh to cuban black markets that people buy food cigarettes and transmission fluid.

Ftfy

>> No.15571123

This dude so mad, lol.

>> No.15571126

>>15571106
stay dumb we need retards like you to buy link at 370$

>> No.15571128

This is literally good goy the thread.

>> No.15571130

>>15568335
>Are you fucking kidding me?

OP confirmed for Greedy kike. Has no moral value.

>> No.15571132

>>15570237
Get a real job you commie faggot. Point me to one city in history that actually saw prices fall by implementing rent controls

>>15570249
I work for a real estate PE shop.

>>15570925
No you're a poorfag piece of shit who wants to be able to live in a high class global gateway city without having the skills and earning power to justify it you fucking rat

>> No.15571145

>>15568335

All they need to do is make it extremely painful for chinks and non-u.s. citizens to own property here at a rate that makes rampant foreign speculation unprofitable. Will never happen though since nobody gives a shit about the middle class being able to afford things anymore. Also cities like San Fran absolutely refuse to build affordable high density housing since it will "ruin" the aesthetic of the city.

If median home price is 4X median household income, it's a bubble. Median household income in Cali is 72,000 while the median home price is 548,000. That's nearly times median household income and obviously it'sfar worse in bigger cities.

Why would ANYONE live in this shithole state? Seriously?

>> No.15571148

>>15571123
He's just a dumb kid from /pol/. I can tell

>> No.15571152

>>15569174
>Try to sell property for $20.41 trillion
>No one doesn't want to buy it, even the rich won't buy it
>everyone trying to jew me down

Why is everyone so cheap?

>> No.15571153

>>15568335
>invite 18 quintillion spics
>"why is housing so expensive! We need more socialism"

Day of the rope when boys?

>> No.15571154

>>15571126
1. Get btfod. What a shitty weak argument.
2. Wtf are you talking about link for? Holy shit, you're an idiot.

>> No.15571160

>>15571132
fuck off dumb wagecuck go slave for my tendies

>> No.15571164

>>15571132
Ok mr. Goldenstein

>> No.15571172

>>15571132
Except nobody needed to "justify" it 30 years ago.

>> No.15571175

>>15571153
>anon forgets that california use to be part of mexico.

GEEE! I WONDER WHY ALL THE STREET AND CITY NAMES ARE NAMED AFTER MEXICANS, HMMMMMM.

>> No.15571184

>>15568457
both are kikes you dumb shit just because one is helping middle class this one time doesnt mean that this one thing is a bad thing.

>> No.15571193

>>15569136
>iF yOuRe A cApITaLiSt, WhErE iS yOuR fACtOrY

fuck off dindu

>> No.15571192

>>15571067
you going to tell us to read thomas sowell LMAO

>> No.15571205

>>15571193
Keep sucking that jew cock, mr. "Capitalist".

>> No.15571211

>>15571160
That's rich coming from human scum petitioning big daddy government to give him a home because he's too pathetic to afford it otherwise

>>15571164
I'd much rather be a Jew than a big government cuck who needs Uncle Sam to make his house affordable

>>15571172
San Francisco wasn't the global gateway city 30 years ago that it is now. Global tech is basically HQ'd there and pulling in money from all around the world, no shit that region is going to become highly valued. Only a nigger begs for handouts

>> No.15571221

>>15571211
seething wagecuck. tic toc wagie my rent and tendies aren't gonna pay themselves

>> No.15571233

>>15570028
>a person who allegedly is incompetent can come and take my job from me
So? Man up. Work for less money; that's a skill too. You act like you're entitled to a job, which you aren't.

>> No.15571234

>>15571211
The absolute seethe of this post, kek

>> No.15571246
File: 35 KB, 300x300, 1567535867938.jpg [View same] [iqdb] [saucenao] [google]
15571246

>>15571205
>minimum wage nigger that browses 4chan and is tired of jews fucking him over

>> No.15571251
File: 1.44 MB, 720x720, 4482E9B9-5EF2-4279-9D9D-99ED8E926B46.gif [View same] [iqdb] [saucenao] [google]
15571251

>>15571233
>work for less money. That's a skill too

>> No.15571262
File: 19 KB, 399x384, 1567525178741.jpg [View same] [iqdb] [saucenao] [google]
15571262

>>15571205
t. macdonalds wageslave

>> No.15571270

>>15571233
No, but people are entitled to being able to own a piece of land to never worry about homelessness. If you say "no", why the fuck not? Because of arbitrary rules?

>> No.15571273

>>15571093
>First come first serve, dummy.
Lol. Imagine for a minute someone has a flat to rent, there's enough of demand that tens of tenants come to his door to discuss renting after you advertise the flat... And you expect the choice of tenant to be just who happened to get first in line? Like seriously??
> Even if your scenario were accurate, employers literally do the same thing but you have no problem with that,huh?

What I'm saying, rent controls do not actually suppress the price. They only make it unclear with external bullshit.

> Also, "solved by building more housing". Is that why there are 6 vacant homes per homeless person?

You know what, I'm all for doing things like property tax hikes for empty homes to properly incentivice not hogging up housing like that.

>> No.15571286

>>15571175
>x people owned y land before!

Cry me a river m. Most yuros live on land conquered by other yuros, they dont bitch and moan. Mexicans only do it because they cant make their own productive societies

>> No.15571291

>>15568393
Because if a few kike families operate a cartel and keep prices artificially high across the board, the idea of "take your business elsewhere" is void. It's not a fair and willing transaction if one of the parties wields all the negotiating power and the other party is over a barrel.

>> No.15571298

>>15571286

>anon has never been to mexic before or bothered to read a historybook.

I bet you believe the Natives broke bread and corn too, huh anon?

>> No.15571299
File: 5 KB, 242x208, 18A03E8D-A55B-4AFB-AA8A-4E1A481202CA.png [View same] [iqdb] [saucenao] [google]
15571299

>>15571270
NOOOO YOU ARE NOT ENTITLED TO HOUSING. WE CANT HAVE EVERYONE BE ENTITLED TO SUCH A LEVEL OF MATERIAL COMFORT. EVERYONE MUST CONSTANTLY WORRY ABOUT BECOMING HOMELESS. THIS IS IMPORTANT TO SOCIETY

>> No.15571303

>>15571221
Shut the fuck up, NEET scum

>>15571234
Seeth is petitioning big daddy government to come in and make things fair because you're too inept to compete in a free market. Of course the irony is that this is just going to exacerbate the housing shortage and guarantee 8% annual rent bumps to existing landlords which is amazing growth anyways

>> No.15571305

This is happening in Berlin and presumably other Western locations as well.
The UN does not want private real estate property (except for the super rich of course).
Rent controls appear to be a "soft" expropriation measure. In Berlin there is a clear relationship to CO2 emissions because buildings created from 2014 are not affected.
If you look into this case I'm sure it is inspired by the UN Agenda2030 program as well to massively transform wealth distribution under the guise of climate change.

>> No.15571306

>>15568335
California Voters voted against statewide rent control in the last ballot measure. It's being pushed through because of the Democratic supermajority and Gavin Newsom. Who, is Nancy Pelosi's nephew.

The only political play I see for this would be a court challenge that goes all the way to the Supreme Court. Which may overturn rent control nationwide. It constitutes a seizure of property and is a violation of the Bill of Rights. But, the Supreme Court may decline as they have in the past. Who knows. Hopefully ((Ginsberg)) steps down sooner than later.

>> No.15571315

>>15571270
You're not entitled to shit, faggot. Get that through your thick skull

>> No.15571317

>>15571273
How do rent controls not suppress the price? Are you suggesting people are going to pay more rent under the table or something? Absolute state...

>> No.15571318

>>15571303
why so angry wagecuck? boss making you work overtime? lmao

>> No.15571326

>>15571273
1. Yes. That's how it works literally right now. Never heard of apartments before? That's literally how it is. First come first serve. Maybe the landlord does a background check and whatnot, but this is basically the idea.

2. "Not supress the price". That makes no sense as that's literally what it does


3. Me too, but my point was more supply alone isn't the answer.

>> No.15571336

>>15571318
>he brags about being a NEET

Yikes!

>> No.15571350

>>15568357
Because trade unions aren't legal, which real estate essentially has become. Sry sneaky merchant, try making your money through hard work.

>> No.15571357

>>15571273
Also, I think property tax shouldn't actually be a thing to people that own only one housing property or at the very least reduced since it's dumb to buy a home and it not even being yours (i.e. even buying a home, you still have to pay property tax and if you don't, the home is confiscated so it's never actually "yours").
Also, people shouldn't be allowed to hoard housing property. I don't know what limit I'd put it at. Maybe 1 or 2 max per person.

>> No.15571362

>>15568511
>gentrification

The only people I've heard complain about gentrification are niggers who are inexplicably proud of their ghettos.

>> No.15571371

>>15571317
>>15571326

About that price suppression thing:

https://www.theguardian.com/world/2015/aug/19/why-stockholm-housing-rules-rent-control-flat

>> No.15571372

>>15571303
Shut up boomer, you really thought you were getting away with stealing?

>> No.15571375

>>15571305
Most landlords will have to sell their properties to the state or mega corporations because existing buildings are regarded as "unsustainable". The government can then create massive skyscraper cities on these properties to support mass immigration and other goals.
Look up UN Habitat, Sustainable Cities, Compact Cities, etc. Maurice Strong said that suburban living is not sustainable and they will come to trash your surbia.
The methods used today are on the "soft" side (as in Brave New World as opposed to 1984). They use laws and bureaucratic measures to inconvenience you into doing what they want.

>> No.15571376

>>15571336
>he brags about being a cuck
oof

>> No.15571377

>>15571299
Kek this really is how bootlickers see it.

>> No.15571393

>>15571315
Shit counter-argument. Try again.
Is there some physics law that says I'm not entitled to being able to own a small piece of land and calling it my own? Fuck off, retard cum muncher.

Also, where do you draw the line for what people are and are not entitled to? So I guess we aren't entitled to gun rights, freedom of speech, etc. Huh? Idiot.

>> No.15571397

>>15571376
There's nothing more cucked than subsisting on the handouts of others. No wonder you're pro-rent control, since your government mandated pitybux likely can't keep up with the pace of market rent growth lmao


PLEASE BIG DADDY GOVERNMENT DONT LET THE BIG BAD LANDLORD JACK UP MY RENT REEEEEEEEEEE I CANT AFFORD IT!!!

>> No.15571408

>>15571393
>Also, where do you draw the line for what people are and are not entitled to? So I guess we aren't entitled to gun rights, freedom of speech, etc. Huh? Idiot.

Speaking of terrible arguments. If it's in your constitution, you're entitled to it. Somehow I forget seeing "affordable housing in global gateway cities" as one of the constitutional rights, though

>> No.15571411
File: 9 KB, 199x253, 3243246345.jpg [View same] [iqdb] [saucenao] [google]
15571411

>>15571397
>NOOOO GETTING FREE MONEY IS KEKED!! YOU HAVE TO WAGESLAVE LIKE ME!!!

ahaahaha the cope is real

>> No.15571419
File: 279 KB, 480x480, hmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm.gif [View same] [iqdb] [saucenao] [google]
15571419

>>15568335
>high demand
>low supply
I wonder what could be done to make this more balanced hmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm

>> No.15571422

>>15571411
It is massively cucked when you're getting poverty wages. Must be quite a fulfilling life you get to lead on a grand a month. Doubly so because I guarantee you still find a way to waste all your precious free time lmao

>> No.15571428

>>15571298
What point are you trying to make? Spaniard owned Mexico was alright, then went to shit when they decided to mix with everyone instead of place the injuns into reserves. An no, we all know natives killed the fuck out of each other

>> No.15571436

>>15571422
keep seething wagecuck, now chop chop your boss dick aint gonna suck itself lmao

>> No.15571450

>>15571419
We could build new houses/cities or even build taller, but guess why mr boom merchant doesn't want that. Never does he cry over housing regulation stopping new development, but when the state fucks him with rent oh no nono then suddenly he is not a statist anymore.

>> No.15571451

>>15571408
>If it's in your constitution, you're entitled to it.
Think a layer deeper, retard. What is the constitution based off of? Arbitrary opinions, dipshit. It's all subjective at the end of the day.

>> No.15571458

>>15571411
>Liberals vote for government that lets in millions of third worlders
>Third worlders proceed to flood the job market and drive wages to the floor
>Liberals whine about low wages and tell the government that they need more gibs
>Government gives everyone more gibs so they can barely get by in a state of poverty
>VoteLiberal.jpg

>> No.15571470

>>15571450
This. Nobody is building any new housing (except for some luxury buildings), so stop saying new housing is the answer.

>> No.15571480

>>15571436
Whatever you say, parasite. I'd much rather be a wagie than die alone and unloved lmao

Better hope the landlord doesn't jack your rent too high this year!

>> No.15571498

>>15571451
No, it's 100% objective. If it's in the constitution, you're entitled to it. If not, you aren't. If you don't like it, move somewhere that guarantees housing in their constitution because without it you aren't entitled to shit

>> No.15571499
File: 306 KB, 785x1000, 1212431584.png [View same] [iqdb] [saucenao] [google]
15571499

>>15571480
>I love my job!!!
I can smell your coping from here lmao

>> No.15571531

>>15571458
>corporations want cheap labour immigrants
>republicans import millions of cheap labour thirld worlders for their corporate masters
>republitards whine about immigrants
>voterepublican.jpg

>> No.15571534

>>15571470
Pretty sure the person you're replying to wasn't arguing that. Boomer landlords hate the notion of new buildings going up. They'd rather construction stagnate while an exploding population pags 4000% inflation on rotting 1960's rodent infested 1+1/2s

>> No.15571545
File: 66 KB, 220x220, tenor.gif [View same] [iqdb] [saucenao] [google]
15571545

Look at all these poor people worried about homelessness lol

>> No.15571550

>>15571499
I never said that but I prefer it infinitely more than being a friendless slob with no money

>> No.15571565

>>15571545
THE GOVERNMENT HAS TO MAKE MY HOUSING MORE AFFORDABLE! I HAVE THE R I G H T TO LIVE IN SOME
OF THE MOST DESIRABLE CITIES ON EARTH REGARDLESS OF MY EARNING POWER! ITS NOT FAAAAIIIIRRRRR

>> No.15571579

>>15571531
This is the real answer. It's a tough pill to swallow that unbridled mass immigration fundamentally is a free market, capitalist maneuver.

Why pay some white masters degree student 35$/he when I can pay Juan Hernandez 5$/hr? This "they do the jobs we dont wanna do! XD" boomer fallacy will eventually extend up the ladder to the highest profession positions until the social classes are literally CEOs and destitute slaves (moreso than already)

>> No.15571592
File: 272 KB, 1056x1089, 1568283061669.png [View same] [iqdb] [saucenao] [google]
15571592

>>15571550
keep seething slavecuck

>> No.15571597

>>15571531
>hurr durr republicans bad
The republicans and democrats are both globalist shills. Neoconservatives and neoliberals have the same foreign/economic policy.

>> No.15571609
File: 50 KB, 750x780, 1537129579427.png [View same] [iqdb] [saucenao] [google]
15571609

>>15570932
A true and free market can't exist in your own country if you're gonna be stuck competing with countries who refuse to implement a free market in their own system.
>country gets flooded by shitskins who work for pennies
>devalues your own laborforce and currency
>countries can exploit your free system to gain stronghold and reap the benefits without providing any other benefits themselves
Yeah, deal with it schlomo.

>> No.15571620

>>15571498
How is it objective, retard? The constitution is literally based off of opinions of what is "right and wrong". Opinions aren't objective. Jesus christ, what a brainlet.

This retard can't even understand what I'm saying. Biz needs IQ tests to filter out these types.

>> No.15571639
File: 7 KB, 210x240, 1566847169721.png [View same] [iqdb] [saucenao] [google]
15571639

>>15571565
I LOVE SUCKING EMPLOYER COCK AND BEING AT THEIR CONSTANT MERCY FOR SURVIVAL!!!!!

>> No.15571644

>>15571152
the size of the US economy is $20.4 trillion, dumdum.

>> No.15571650

>>15570932
>Support domestic minimum wage laws, strict environmental regulations, unions, corporate taxes etc.
>"free market" allows corporations to outsource production to countries that have none of that shit and hence are much cheaper for production
>American Libertarianism™

>> No.15571672

>>15571067

>Bitcoin

I wouldnt waste your money.

>> No.15571676
File: 293 KB, 750x408, 1566445505226.jpg [View same] [iqdb] [saucenao] [google]
15571676

>be boomer
>realize millenials and Zoomers are realizing we sold their generation for cheap bucks
>wonder why they're mad you opened the floodgates to a billion shitskins
>enter panic mode when the boomer pensions evaporate

>> No.15571685

>>15570850
>not opting out of state and private sectors by choosing smart contracts and decentralized options
never gonna make it bootlicker

>> No.15571698

>>15571620
You don't have a right to housing, deal with it or fuck off somewhere that gives that to you.

>>15571639
I DESERVE TO LIVE IN CALIFORNIA EVEN THOUGH I WORK AT STARBUCKS MAKING MINIMUM WAGE! CAPITALISM HAS FAILED

>> No.15571709

>>15568608
So double density and decrease the price. But that would lower property values.

>> No.15571713

>>15571698
So... you admit defeat? That was a shittu counter-argument. You straight up ignored what I said lmao.

Okay. By your logic, we also aren't entitled to freedom of speech and gun rights. Faggot.

>> No.15571723

>>15571698
Also, dumb bitch, it's not just california. There's a reason 78% of fulltime workers live paycheck to paycheck NATIONWIDE. There's a reason these NATIONWIDE stats are a thing >>15570392

>> No.15571734
File: 228 KB, 900x900, 1520199574940.jpg [View same] [iqdb] [saucenao] [google]
15571734

>>15571676
Death to all boomers

>> No.15571749

>>15571713
>Okay. By your logic, we also aren't entitled to freedom of speech and gun rights. Faggot.

Are you retarded? Those things are in your constitution. Housing is not. Kill yourself

>> No.15571756

>>15571270
>No, but people are entitled to being able to own a piece of land to never worry about homelessness.
No.
>why the fuck not?
You're shifting the burden of proof, the correct question is why should they be entitled? If your idea is that owning land is a natural right, that is refuted by nature itself: as more people exist, the amount of available land remains constant; it's not reasonable that everyone gets to own land just for existing because it creates the following problems
>if you give out all current land to all current people, you need to take it back from them to give it to new people (who don't currently exist)
>if you plan to have some land on reserve for future people, and those calculations are made so that everyone owns the same size, then the system is fundamentally broken after more people than the intended exist
>>15571393
>I guess we aren't entitled to gun rights, freedom of speech
You're entitled to gun rights, but not to guns. We even have laws that say it to be so.
>>15571451
>It's all subjective at the end of the day.
If you break the law, they come to your house and shoot you. You can call that subjective, but it's really very objective; there is power behind the law, and you either abide by it or get fucked.
>>15571620
>How is it objective, retard?
This is the same flawed argument again
>I think the law is wrong, therefore it shouldn't apply
No. Even if you were right, it does apply; fuck you, it's the law. If you don't like it, feel free to swim to another country where you agree with 100% of the laws; you won't find any. Maybe they should redistribute you some land so you can found the faggot nation you dream about.

>> No.15571757
File: 34 KB, 612x408, istockphoto-849193184-612x612.jpg [View same] [iqdb] [saucenao] [google]
15571757

>>15571709
>that should decrease property values

We can't have that! C'mon chuck, just work harder! I'm sure you can afford my 2500$/month for your 1+1/2 just fine. You just need some work ethic, 7$/hr is more than enough. Look at Juarez go, he doesnt complain!

>> No.15571765

>>15571723
Sounds like 78% of Americans need to learn to manage their finances better instead of leasing the latest F150 pickup and living beyond their means. Never mind that north of 50% of the population lives on the expensive coastal regions.

>> No.15571768

>>15568600
It is something you dont have to be to understand a bit of.

Sounds like hell to be one in cali

>> No.15571782

>>15571756
NOOOO I NEED GOVERNMENT SUBSIDIZED HOUSING TO SAVE ME FROM THE EVIL LANDLORD

>> No.15571786

>>15568657
Libertarians and ancaps have a high percentage of mentally ill people and unapologetic pedos in their communities.

Why is this

>> No.15571792

>>15571765
Yes, everyone struggling financially is just a dummy financing a $150,000 truck. Yup, that's the only reason. You sure are smart

>> No.15571798

>>15568627
Is there actually evidence of rent control necessarily playing out like this though?

>> No.15571802

What I want to know is why the fuck are the Chinamen buying houses here? Don't they got some African countries to colonize?

>> No.15571824
File: 52 KB, 448x377, Mike-Rowe-SWEAT-Pledge-copy.jpg [View same] [iqdb] [saucenao] [google]
15571824

>>15571765
This. Back in my day I worked my behind off to pay $45,000 massive bungalo and 2 cars! The kids these days are so darn lazy! It's their fault they cant open 17% savings accounts like I did.

>> No.15571830

The point of government is to govern. That is their position. They tell you what are allowed to do without being kidnapped and locked in a room to be stripped of your rights, and what you are not allowed to do without being kidnapped.
>free market
You local market is not free it is subject to whatever laws the government says it is. Just like in anything else.
>The government has instating a law against killing, I can't believe these guys infringing on free Darwinism!

>> No.15571843

>>15570062
Fuck off landlord

>> No.15571849

>>15571749
Again, retarded dumbass. The constitution is based on subjective opinions which was my point, motherfucking brainlet.

>>15571756
1. Yes
2. You don't even know what burden of proof is. Plus, I addressed WHY I believe we are entitled to having housing >>15571620

Not my fault you are an omega retard that can't understand.

3. Let me ask you something. Why can't I just see an empty plot of land and call it my own? A small piece. Huh? Ya, we're entitled to gun rights but not guns. I understand that. I'm not saying you should have housing for free. I'm saying it should be realistically obtainable which is obviously isn't

4. The bases to the constitution are subjective is my point, brainlet

5. Because opinions =/= objective facts, genius

6. Literally putting words in my mouth lmao

>> No.15571854
File: 99 KB, 640x896, 1566374978045.jpg [View same] [iqdb] [saucenao] [google]
15571854

>>15571830
>they tell you what you're allowed to do without being kidnapped and locked In a room stripped of your rights
>now do what it says on this piece of paper or I'll lock you up and strip you of rights, scumbag

>> No.15571856

>>15571824
You guys had more buying power, dipshit
>>15571792
Naaa the issue CAN'T be expensive cost of living,huh? Naaaa let's just pretend it's something else even though that's retarded!

>> No.15571864

>>15571782
This applies to you >>15571639
>gulp gulp gulp gulp
Sound of you chugging down employer cum

>> No.15571867

This unironically makes finding places to rent harder for average people. Supply gets tighter as less entities/people wade into landlording.

>> No.15571872
File: 33 KB, 600x450, thatsthejoke.jpg [View same] [iqdb] [saucenao] [google]
15571872

>>15571856

>> No.15571880

>>15571867
Implying supply isn't already tightening. Nobody is building new, affordable units. Your free market isn't working

>> No.15571882

>>15571867
How the fuck does supply get tighter as a result of this?
More supply + rent control is the answer to avoid abuse (such as what people [especially california] are enduring). The current situation is shit.

>> No.15571885

>>15571792
Nah just most of them

>>15571849
That's a whole lotta words of cope trying to justify why the government owes you an affordable place to live (they don't)

>> No.15571890

>>15571872
My bad. I thought it was 2 layers of sarcasm.

>> No.15571907

>>15571880

It works where zoning isn't ridiculous, retard.

>create incredible regulatory burden for builders
>complain when the only builders are ones going for price ranges that can match the cost of surmounting the regulatory threshold

This measure is the icing on the cake. Congratulations, you are literally going to find nothing whatsoever to rent.

>>15571882

Supply gets tighter because there is no incentive to 1. build new units to rent out or 2. rehab and buy older properties to rent out. The entire market gets slowed down.

I'm frankly embarrassed that two of you came right out of the gate on /biz/ of all places. This is 3rd grade economics.

>> No.15571940

>>15571765
Boomers like these need to get the rope

>> No.15571951

>>15571867
this thread has already gotten out of control, and plenty of other people have already said your point, but you're fucking wrong.
Rent caps disincentivize landlords from moving into a market, that's true, but it also decreases the price of existing housing for buyers in the market who want to owner occupy.
It releases the pressure from the market created by speculating rent seekers.
The rest of the neoliberals in this thread that complain about free markets and free trade are also right, that rent caps don't fix the problem, because it does decrease the incentive for builders.
Rent cap programs that aren't also created in turn with strong building subsidies for new homeowners or other state funded housing solutions are doomed to fail.
Unfortunately, it's always easier for politicians to enact rent caps, and less easy for them to get the funding for home building subsidies.
Ultimately a better solution would be a scaling tax on rental properties. The more properties you have, the higher the tax across all properties, the funds generated from this tax would be turned around into housing subsidies for new construction.

get fucked libertarian useful idiots.

>> No.15571956
File: 165 KB, 1003x1390, male-baby-boomer-business-man-BRM7NG.jpg [View same] [iqdb] [saucenao] [google]
15571956

>>15571890
Np man, plenty of boomer apologists on here so can be tough to spot the sarcasm

>> No.15571991

How the fuck did people build tall 100 years ago, and even factory workers could live in the city?

>> No.15572005
File: 264 KB, 1199x1024, 1564269882008.png [View same] [iqdb] [saucenao] [google]
15572005

>>15571723
>There's a reason 78% of fulltime workers live paycheck to paycheck NATIONWIDE
Yeah - most people are retarded and live beyond their means. Why should that mean they get to put a gun to someone's head using the government's arm when the homeowner is clearly doing something right?
>>15568335
California passing this was perfectly predictable. They're full of bootlickers and retards whose parents raised them to suck government cock to survive. Just move out.

>> No.15572016

>>15571940
Can you even afford a rope you stupid poor faggot?

>> No.15572022

>>15571849
>I addressed WHY I believe we are entitled to having housing
That's what you believe, and that's why you're wrong. I don't deal with beliefs, I deal with facts. You're saying that
>(maybe) the law is wrong on some specific point
>therefore we can conclude X on something that is non related
I know you're pretending to be an idiot for attention, but I find you really pitiful for having nothing better to do with your time. I can't spare any more of mine because I'm at work, and your weak non-arguments aren't worth it.

>> No.15572040

>>15571991
They can still build tall, and they can still live in the city. But also remember that 100 years ago, factory workers went for like 8 years without eating meat because they couldn't afford it. Were you trying to imply that they lived well back then from blue collar work?

>> No.15572056

>>15571991

Those people were "middle class". They seem poor to us now because life has improved significantly for all of America since then.

>> No.15572153

>>15572022
1. I deal with facts too, retard. Constitution is based on opinions, dipshit so saying we are only entitled to what is on the constitution is retarded.

2. So vague I habe no idea what the fuck your blabbing about.. again. Getting senile, are we?

>> No.15572191

>>15572153
This is a whole new level of cope

The constitution is a physical document, nothing about it at this point is opinion based you retard

>> No.15572199

>>15572005
False. Look at the other stats I mentioned. It shows the real issue is the cost of living. >>15571907

>no incentive to build
Post proof rent control results in less housing being built.
Also, dumbfuck >>15570838
I already addressed that

>> No.15572206

>>15572191
I'm not saying it's not a physical document, retard. I'm arguing about it's contents. Loool what a gucking dumbass

>> No.15572323

>>15572206
You're bound by those contents so long as you live in America, stop arguing hypotheticals you stupid fucking brainlet.

>> No.15572330

>>15572323
>he thinks anyone is bounded by the constitution
Cute

>> No.15572338

>>15571299
>ONLY THE RICH ARE ENTITLED TO FREE HOUSING

Fixed.

>> No.15572361

Unironically a good thing . It's great moving to a new city and then having your Jewish landlord spring a 20% arbitrary price increase on you next year

>> No.15572403

>>15568393
The housing market is far from free as it is. You cant just go around building shit because you have to suck so much government dick for zoning and permits

>> No.15572418

>>15568335
Good. Real estate speculation attacks happen and rent control is the only disconnect that eventually corrects them. Given an influx of speculators, landlords feel the urge to get theirs and will squeeze tenants instead of competing. Shit gets even more perverse when banks let you borrow against rental income without having a tenant paying it. In this case, it becomes more lucrative to jack rents, leverage at the increased theoretical income and use that to buy a property where you proceed to do the same but use the second or third loan to make payments in the hopes that you can flip fast enough.

Free fucken market works as well in practice as communism.

>> No.15572443

>>15572323
Garbage arguments. Instead if trying to improve things, let's just eat shit with our mouths open.

>> No.15572455

>>15571951
Based and true

>> No.15572489

>>15570573
"Necessities" aren't. Check out the diamond-water paradox. You're several hundred years ignorant.

>> No.15572490

Ironically rent control in California will increase the supply of apartments by driving down the value of land zoned for apartment construction. A rent cap means that apartment-zoned land is now less valuable than before the rent cap. This will eventually make it cheaper to finance and build new apartments.

>> No.15572500

>>15570609
>cost of material and labor
These are subject to market forces as well. If it costs me $1 to make a home, however there are 100 people who want that home, how should its sale be allocated?

Either you have price competition or you use non-price competition.

>> No.15572613

>>15570788
It would be funny to see if China opens up its financial markets and allows modern investment there. The pacific rim real estate situation would likely drop in value.

>>15570838
>Is there evidence... even so I feel
Too stupid, too stupid. An example of American education failing. There is plenty of evidence, but you won't consider it.

>so long as it's cheaper??
This doesn't solve the coordination problem. If you have one house with 100 persons who want to live there, how are you going to allocate that home to the most valuable purpose socially, outside of price competition? Will you look at who has the highest adversity score and give them the sale/rent?

>>15572490
If what you suggest happens to the value of land zoned for apartments after this law, it will be out of the drop in the demand curve by landowners to want apartment-zoned areas.

The increase in apartment zoned land values would motivate builders to go ahead and establish housing there. The drop in that value reflects dis-incentive to make apartments.

>> No.15572671

>>15570971
>crisis that local government created
You are correct, California should be able to sue all the state governments that shipped their hobos to California.

>> No.15572736

>>15572613
>This doesn't solve the coordination problem. If you have one house with 100 persons who want to live there, how are you going to allocate that home to the most valuable purpose socially, outside of price competition?
First come first serve. What's so hard to understand about that? Idiot. Homes should be based on the price of material and labor. It shouldn't be based on arbitrary numbers. Real estate shouldn't even be for profit to begin with. Location is irrelevant. Homes should be priced similarly regardless of location.
Also, nice job ignoring how fucked this country is due to real estate being for profit
>>15570392

>> No.15572748

>>15572613
Only a retard thinks the current free market structure of real estate is actually working in this country. This is backed up by stats

>> No.15572750

>>15572736
So if a rich person who wants their sixth vacation home in a metropolitan area pays a lot of money to a service to be first-in for a low rent apartment can do it, whereas a dual income with kids family would be willing to pay more and this is their only home, you'd be okay with that distribution?

Idiot.

>> No.15572779

>>15572750
Good thing our current system totally prevents rich people from buying up properties that poor people otherwise would live in. I guess there's no problem

>> No.15572787
File: 6 KB, 238x250, 1490118263720.jpg [View same] [iqdb] [saucenao] [google]
15572787

I'm in cali. This is going to fucking make rent even higher. We're headed for the crisis of the 3rd century level shit over here.

>> No.15572820

>>15572748
Only a retard thinks market forces can be put on hold. That's backed up by stats. Also, the current real estate market is not a free market. Builders cannot approach owners with money to turn single occupant homes or neighborhoods into high rise, high density apartments out of zoning laws and restrictions.

>>15572779
Market systems don't prevent rich people from having advantages. However it certainly puts more of the cost of having those advantages on those rich persons.

Having rent control uses the resources of the community against those you ordinarily would want to help most.

>> No.15572834

>>15568335
Because price controls work everytime. At least they can be an example of what not to do.

>> No.15572854

>>15572750
No, omega retard. There should be a cap as to how many homes a person can own, dipshit. I literally stated that above. Maybe a cap of 1 or 2.

>> No.15572879

>>15572820
>That's backed up by stats
What are you talking about? What I'm saying has never even been put into practice, retard.

>> No.15572881

>>15572854
>more intervention
What a smelly cunt, looking to intervene more in markets and fuck with people, to satisfy his intellectual masturbation.

>> No.15572893

>>15568335
>>15568338
>>15568357
>>15568393
Nobody gives a shit. Nex t thread.

>> No.15572905

>>15572820
So you think if we passed a law that allowed all high rises of any height anywhere in the country, the problem will be solved? I'm just trying to understand...

>> No.15572924

>>15572881
Wow, limiting the amount of homes someone can own. This level of intervention (that clearly benefits the vast majority of people) is so heinous. It's equivalent of another shoah frankly.

>> No.15572944

>>15572905
It's better than having laws in high demand areas that prohibit construction of high density housing, or prohibit construction of residences in new territories that don't have homes.

These types of laws are generally on the books to protect existing property owners from having to deal with higher demand in the region. These laws make it so homeowners use the government to prohibit construction of apartments that might interfere with million dollar views, as one example.

It's not bad to have high demand for housing, that suggests people want to live in a particular area. To see such a situation and impair the supply of housing is shortsighted.

>> No.15572959

>>15568335
I was just talking about this with someone at work. It's a bit of a nothingburger, and for those it claims to help, it's too little, too late.
Pros:
Will help people IN apartments and rentals, because it caps the amount of rent increases. My complex this year didn't raise rent at all, rents are softening big time in northern ca, so this will be nice but not that big for current renters.
This will only really kick in if rental prices start soaring again - because new leases will be higher to cover from the "losses' from current lease holders in rent controlled leases. This is the reality in NYC - if you're 10 years into a lease, you're gold. If you're looking for your first place, or a new one? All the rent the market will bear, baby. Fuck you, pay me.
It will weaken the investor interest in CA, because a foreign investor won't be able to swoop in and jack everyone's rent sky high to break all the leases and go condo, or get a "better" class of renters.
Cons:
Its going to make rental investment companies cry. That's it, really. Like I said, rents are softening, it's a nothing burger unless real estate takes off again. And, it will only cover leases signed starting next year, so if you're currently in a lease, won't effect you at all. Most landlords go year to year now, anyway, so you'll be covered eventually, if you rent.
The crisis is really the lack of rental units, anyway. Most low income housing was torn down for condos and "gourmet lofts", nobody builds plain, affordable box apartments for low income workers anymore. A decade ago SF was bragging about how much housing they were adding, then it was discovered it was all $4k a month condo high rises (one of which is literally falling over).
5% + inflation? That's a typical rent increase for most people, anyway. But it will be hard for some jew in slumlord LA or NYC to profit from that, so of course they're crying.

>> No.15572976

>>15568422
Yeah, they said that about rent control in NYC, and that didn't happen. Landlords and renters are doing just fine. But you keep crying because you think this tanks your "muh passive slumlord income" dream, that you were never going to get done, anyway.

>> No.15573192

>>15568335
Why don’t they abolish zoning laws controlling the density? If LA and SF took a page from East Asian cities, it wouldn’t be so expensive

>> No.15573301

Imagine being poor