1/ Seeing lots of responses to this about "aww, poor landlords" / "tiny violin", etc. This is not just dumb, it is evil. Landlords are either small, or large / corporate. Many many middle class families are landlords, using rental income to cover mortgage payments.https://twitter.com/BBCWalesNews/status/1290342683572088832 …
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7/ No, it's never "ha ha, screw the widow Mrs Smith", it's "ha ha , tiny violin for Landlords™" Can't very well beat up Jews or Poles or kulaks or whatever when they have names. Gotta unperson them first.
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8/ ...and if it's a big corporation, is it ok then? Who do you think owns "big corporations"? Normal people, to a large degree, via retirement savings, investments, and such. Maybe retired Mrs Smith doesn't own a second house - maybe she owns shares in a fun that owns REITs.
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9/ And aside from celebrating theft in the short term, what does this "ha ha screw the landlords" accomplish in the medium and long term? How does it alter incentives? You absolute God damned children. You should be ashamed of yourselves.
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10/ You're not just celebrating eating the seed corn, you're celebrating burning down the grain silo so it's harder to store seed corn over future winters.
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11/ exactly expect to see two or three month deposits become more commonhttps://twitter.com/egocv/status/1290353110209236995 …
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14/ RT
@mr_archenemy back in the 90s i rented an apt in a 2 family from a wonderful tibetan family boot-strapping themselves into middle class from off the boat. (tho maybe not "by themselves" i suspect local diaspora pools money to stake new arrivals, which is also awesome)Show this thread -
15/ I also knew an electrician who got divorced and, age 60 or so, converted his upstairs into a 2nd apartment to get some rental income to supplement his blue collar job
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19/ risk taking is what adults do children don't understand that, I know https://twitter.com/SweetSweetBobo/status/1290407994996461571 …
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20/ Entropy does that. For the analogy to work all you need is for the incentives to shift such that people no longer invest in housing stock (e.g. via maintenance). https://twitter.com/thepoliticsund1/status/1290405590032887808 …
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21/ "making" ? How's that? No one is forcing anyone to rent housing. However, if someone wants to do the work and take the risk of the RE equivalent of maturity transformation - taking long term risk so that others can maintain their options, so be ithttps://twitter.com/lilspacecaseart/status/1290408305311932418 …
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22/ Spoken like a Nazi, talking about Jews. Or a Stalinist, talking about kulaks. Sad. https://twitter.com/miriksmit/status/1290409559006339075 …
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23/ the anti-landlord faction isn't sending us their besthttps://twitter.com/siberianpine/status/1290412997404512257 …
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24/ yes, clearly but this thread is not about landlords taking market risk and losing ; this thread is about exogenous and unprecedented harm caused by government putting a moratorium on evictions https://twitter.com/LiquidPanda_/status/1290411745434054656 …
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25/ nowhere in this thread has anyone said that anything is the tenants fault please read the thread before tagging in and arguing about what you think it maybe probably kinda says https://twitter.com/LiquidPanda_/status/1290414614958743555 …
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26/ This is interesting. I've got some socialists telling me that small landlords are unprofessional and bad at their job, and other socialists telling me that small landlords don't exist / are fictional.https://twitter.com/abandonnuance/status/1290417764864274432 …
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27/ Government unpredictability harms everyone, rich and poor alike. The smart approach to keep people from being evicted is unemployment money, NOT arbitrary ad hoc seizures and transfers. This creates bad incentives. /shrug https://twitter.com/LiquidPanda_/status/1290418955044229121 …
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28/ Is / ought rules everything around me. me: this is a bad policy with bad incentives and it OUGHT not to be done this way rando: yeah but this happens me: yes ... that ... that is implicit in why I am criticizing a thing that just happened.
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