It’s their property. How do you tell someone what they can do with their own property? Communism!!!
Landlords should not be able to simply raise rents to any level they want, any time they want.
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It’s modern day slavery to rent a room for $2,000 a month for 1 room, $4,000 for a 2 bedroom. It’s like that all over the Bay Area
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I’m a renter and don’t like the high rent either. But the government don’t get to dictate to a property owner what they charge for rent. That’s insane
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Supply & demand literally can't work with land because there's a fixed supply of land, without colonialism. That's why it always appreciates & the bubble pops every few years. This has been known since Adam Fuckng Smith.pic.twitter.com/Y7L8N8rR6m
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You know they can build up, right? You can increase supply by putting a five story apartment building where a house was w/o increasing the amount of land. Someone has to invest in building it, and if they don't get a decent return, they won't invest in doing so.
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Except that's not what they do, they wait til the land is worth an exorbitant amount then sell it, gentrifying.https://twitter.com/Auptimist/status/1173048071548297217?s=19 …
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Landlords produce nothing for society.
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They provide places for people to live
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Without landlords, those places would still exist. Landlords are an entirely dispensable middleman between a human need, and the human who needs it.
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So ... there’s a magic fairy covering all the repairs, property taxes, insurance, utilities, mortgage payments, etc.? Awesome! DM me with his digits!
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You think those things cost more than rent?
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I know they can. After 12 years of owning a condo I couldn’t flip in 2008 (when the recession hit), I still lose $100/month on it. The market is the market.
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Unfortunate anecdote but I believe it was conservatives who say "if there wasn't a profit motive no one would own/upkeep the properties" so clearly you have made profit at some point or expect too. Even if you don't, there's absolutely no way the average landlord doesn't profit.
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They can't. It's this little concept called supply and demand that keeps them from doing so.
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Lol, no.
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Lol, yes. Great debate!
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Supply and demand and other economic theories are only applicable in a closed economy with no outside influence.
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Supply & demand literally can't work with land because there's a fixed supply of land, without colonialism. That's why it always appreciates & the bubble pops every few years. This has been known since Adam Fuckng Smith. There's a reason it's called econ 101, it's an intro.pic.twitter.com/1uN6Sk2cJW
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There is a fixed supply of land but they can build up. Space is obviously fixed as well but we are no where close to that limit........yet.
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That's why we've gotta tax land, not the property on that land, so as to incentivize efficient use of land and upkeep on apartments bc land speculation will be disincentivized. In addition to rent control.pic.twitter.com/O1l71sZc8v
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Apartments should be condos, collectively maintained and improved. Lawns should be perennial community gardens and perennial grasses to build soil, increasing the value of the propertypic.twitter.com/dQZej0ZO2o
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