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380kmh's profile
Haunted Forrest 🌲
Haunted Forrest 🌲
Haunted Forrest  🌲
@380kmh

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Haunted Forrest  🌲

@380kmh

#TrainTwitter - trains & train stations - passionate opinions on public transit & civic design - transit bureacrat, but all views here are my own

Pioneer Valley
patreon.com/380kmh
Joined March 2011

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    1. Haunted Forrest  🌲‏ @380kmh Jun 11

      Haunted Forrest  🌲 Retweeted Tankette Alyson

      people really out here thinking houses maintain themselveshttps://twitter.com/Alysonesque/status/1005989848577073152 …

      Haunted Forrest  🌲 added,

      Tankette Alyson @Alysonesque
      Charging rent is theft. It should be considered a criminal act. The threat of homelessness is central to ensuring compliance with capitalist economic incentives and that should horrify and disgust us. There is not ethical justification for rent.
      15 replies 20 retweets 149 likes
      Show this thread
    2. Juliet Helldread  🦉 🌹 🚇 💄 🚲‏ @drooliet Jun 11
      Replying to @380kmh

      If rent only went toward covering building maintenance and wasn’t a way for landlords to generate profits from their “investment,” we’d all be paying a hell of a lot less (esp in high-demand cities where rents rise w/o corresponding improvements in building quality)

      5 replies 0 retweets 34 likes
    3. Juliet Helldread  🦉 🌹 🚇 💄 🚲‏ @drooliet Jun 11
      Replying to @drooliet @380kmh

      In a slightly better world, we’d only have to cover the costs of maintenance and utilities, but so long as housing is sold for profit and humans need to live somewhere, landlords have no incentive *not* to suck us dry

      4 replies 0 retweets 18 likes
    4. Juliet Helldread  🦉 🌹 🚇 💄 🚲‏ @drooliet Jun 11
      Replying to @drooliet @380kmh

      Like let’s be real here, none of the four-bedroom apartment I’m looking at in Camberville for the fall cost $48,000+ in yearly maintenance costs. Most of that money is going straight into some rando’s pocket.

      2 replies 0 retweets 5 likes
    5. Haunted Forrest  🌲‏ @380kmh Jun 11
      Replying to @drooliet

      ....are you sure? I have a friend who owns a house, he rents rooms in it but also lives there himself, and the costs of keeping it from falling down (and keeping up with town regulations!) frequently astonish me

      1 reply 0 retweets 0 likes
    6. Sandy Johnston‏ @sandypsj Jun 11
      Replying to @380kmh @drooliet

      I think rents are probably diverging from costs rapidly in high-cost cities, but I think it also falls off quickly in lower-demand places...I don't think my landlord was making much off my $800 monthly rent in Albany.

      2 replies 0 retweets 3 likes
      Haunted Forrest  🌲‏ @380kmh Jun 11
      Replying to @sandypsj @drooliet

      yeah, as demand outstrips supply, the potential to make HUGE margins goes through the roof

      9:27 AM - 11 Jun 2018
      • 2 Likes
      • Juliet Helldread 🦉🌹🚇💄🚲 Sandy Johnston
      1 reply 0 retweets 2 likes
        1. New conversation
        2. Holly Boo-plex  🏚️ 👻‏ @balcom_holly Jun 11
          Replying to @380kmh @sandypsj @drooliet

          FWIW, it's pretty much common wisdom now in real estate investor circles that the only place to make $$ from *rent* (as opposed to speculation) is non-Coastal, non-HCOL type places now.

          2 replies 0 retweets 1 like
        3. Sandy Johnston‏ @sandypsj Jun 11
          Replying to @balcom_holly @380kmh @drooliet

          That's fascinating to me. I imagine that in lots of markets the only way you can make money off of rent alone is by letting buildings deteriorate...

          2 replies 0 retweets 3 likes
        4. Haunted Forrest  🌲‏ @380kmh Jun 11
          Replying to @sandypsj @balcom_holly @drooliet

          would explain a lot

          0 replies 0 retweets 2 likes
        5. End of conversation

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