Are you fucking kidding me?
Are you fucking kidding me?
It's actually a good thing.
Why would greedy Kike landlords be permitted to arbitrarily increase rents on a whim?
>
Why do people support free trade while oppose free realestate market?
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.
Because there's someone willing to pay the price. If two parties agree to that transaction, why is the gubmint meddling?
rents are fucked rn
>what is a shortage created by a price ceiling
kill yourself
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.
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
Right? If you dont want to pay that price, just go live in the woods or something, fucking retards.
>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
>kikes in real estate bad
>kikes in government good
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.
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???
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.
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.
>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
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)
There were some landlords increasing rent by 10% annually at least in SoCal
wow there are so many landlords here
HAHAHAHAHAAHAHAHAHAHAHAHAHA...
LA Latino's own your ass in politics, while jews own your ass in property.
Someone should burn Harvard out of CA though.
people cant afford $1500 rents for a 1br when they make under 40k lol
don't ask what government can do for you, better ask whether it might not be doing some things
Na they aren't, the are just temporary poor millionaires.
They think they'll be rich one day
>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?
>what is a shortage created by a price ceiling
An indication that IT'S FULL FUCK OFF
rent control is conservatism. libs want no rent control and flood the country with cheap labor. = more homeless
Government forced integration is done with public housing projects, not rent control. Fuckin idiot
Here's your (You), don't spend it all in one place
This is your brain on libertarianism
Isn’t this the state that’s about to go full Bubonic Plague due to the sheer number of rats?
rent is like healthcare, nobody can afford it these days and its all privately owned
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.
high rents screw over whites too.
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 way dude. If you do anything that helps whites, the kikes win!!! Don't you get that????
>you cant compete enough
most people cant. but landlords dont care as long as the money keeps coming in
yes dude. rent and healthcare is all privately owned and unaffordable. democ rats cant and wont fix that, only fudd it even further
You shouldn’t have dropped out college
You sound like a kike
What next? They going to make people give their properties to illegals and niggers?
California itself is a fucking bubble in so many ways.
lmao! all the homeless i see are mostly whites
>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 said; 3 gens ago, my family lived in a literal cave. You've no excuse.
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
right. but when you have hundreds of homeless in the streets EVERYDAY its grown beyond just "man up"
Watch this fail horribly in the next 10 years. Rent control doesn't work.
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
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.
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
Perfect timing for my $1000 Yang bux
until you are dragged out to the street and is burned alive by the angry homeless mobs
no. that wont happen. but everytime you step outside you will see hordes of homeless living on the streets.
Wow we certainly couldn't aspire to be better than society 300 years ago now can we.
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.
Haven't heard about that, but seems likely
>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.
Wow, so brains on libertarianism are so massive that their gravitational force makes them collapse onto themselves! Damn, those guys really are something
you dont have to be the top dog to support the free market.
commie scum
That's true. You can be a cuck like yourself :^)
>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
They did this on my country, market is going to crash so bad.
>Why would greedy landlords be permitted to arbitrarily increase rents on a whim?
what is private property for $20.41 trillion, Alex
>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
are you really this stupid or are you trying to drop bait
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?
Please not the landlords!
Shut up, lolbertarian
If it's full then YOU fuck off if you're too poor to live there.
i love commiefornia
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.
We have more empty houses than homeless people in this country
Really makes ya think
well they're not stupid, that is exactly how they intend this shit to work out
Only their rationalization for these plans sounds stupid
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
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
I'm not a Californian, but if I was there already, then YOU should fuck off, because YOU would be the one coming in.
>have skills
>gets undercut by an H1B who'll do your job for 45-55k
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
This
Foreigners shouldn't be allowed to buy property in the US.
Not funny
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
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.
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.
>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.
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
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.
When did biz become infested by so many liberal faggots? Literally kill yourself if you support rent control you fucking nigger
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.
go suck shekelsteins dick dumb bootlicker
One day I'll be a slumlord
>there isn't enough housing
Wrong.
>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.
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.
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.
This is great news because rent control has always worked as intended and has no downsides. Congrats California!
>I take every piece of mostly invisible infrastructure completely for granted. Everything should be free! Profit is evil!
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.
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
Here,motherfucker 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