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eigenrobot's profile
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@eigenrobot

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masquerobot

@eigenrobot

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Joined July 2013

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    1. Discount Dog Scuba‏ @ScubaForDogs Jun 12

      say it with me: BUILDING 👏APARTMENTS 👏WITHOUT 👏CONTROLS 👏ON 👏THE 👏RENTS 👏OF 👏THOSE 👏APARTMENTS 👏ONLY 👏ENRICHES 👏DEVELOPERS 👏AND 👏DOES 👏NOT 👏DRIVE 👏DOWN 👏RENTS👏 thinking that it does is some neolib "free market" bullshit

      80 replies 816 retweets 4,002 likes
      Show this thread
    2. masquerobot‏ @eigenrobot Jun 13
      Replying to @ScubaForDogs

      hi im a housing economist and this tweet is insane

      3 replies 3 retweets 63 likes
    3. Discount Dog Scuba‏ @ScubaForDogs Jun 13
      Replying to @eigenrobot

      hi I'm a machinist and I expect my government to regulate out of control markets that are hurting people, even if it makes rich people slightly less rich

      1 reply 0 retweets 10 likes
    4. masquerobot‏ @eigenrobot Jun 13
      Replying to @ScubaForDogs

      i agree that housing costs are much higher than they need to be and share your stated goal of fixing this problem i am only suggesting that your proposed solution will not lead to the end you desire and in fact will backfire Spectacularly, and poor people will bear the cost

      2 replies 0 retweets 33 likes
    5. Discount Dog Scuba‏ @ScubaForDogs Jun 13
      Replying to @eigenrobot

      doing the opposite hasn't exactly served us well, forgive me if I disregard conventional wisdom here, because it seems to be constructed entirely to maintain a status quo that is unbearable to the lower 1/3rd or so of the economy

      1 reply 0 retweets 7 likes
    6. masquerobot‏ @eigenrobot Jun 13
      Replying to @ScubaForDogs

      totally--it's awful! and I shout my lungs out about it daily the take from my angle is not: landlords greedy vs not, take greed as a constant over time and judge as you like but house prices are skyrocketing mostly because it's nigh-impossible to build more housing where needed

      2 replies 0 retweets 17 likes
    7. eric  🍙‏ @xptnd Jun 13
      Replying to @eigenrobot @ScubaForDogs

      How is building luxury a requirement for building denser? Denser is already more profitable, without having to displace the current demographic of a neighborhood. The density strawman is from rich landowners blocking building in their neighborhoods in the first place.

      1 reply 0 retweets 1 like
    8. masquerobot‏ @eigenrobot Jun 13
      Replying to @xptnd @ScubaForDogs

      The driver of housing prices is not luxury but simple scarcity of square footage. Consider: $3000 will get you a decaying closet in Manhattan or a palace in St. Cloud, MN Luxury condos in historically poor neighborhoods are gross aesthetically but not the root problem

      2 replies 0 retweets 1 like
    9. eric  🍙‏ @xptnd Jun 13
      Replying to @eigenrobot @ScubaForDogs

      Yes, and you cure pricing by rent controlling, which is the point. You're replacing a lottery system with a highest bidder system (i.e. rich only) when you remove rent control. This is lateral to density.

      1 reply 0 retweets 0 likes
      masquerobot‏ @eigenrobot Jun 13
      Replying to @xptnd @ScubaForDogs

      Oh no Rent control is still a highest bidder system but instead of competition on price you compete on other margins "I have eighty tenants who want every unit. Why should I choose you? What can you offer me that others can't?"

      7:35 PM - 13 Jun 2018
      • 1 Retweet
      • 1 Like
      • 🎃E. Harding🎃
      1 reply 1 retweet 1 like
        1. New conversation
        2. masquerobot‏ @eigenrobot Jun 13
          Replying to @eigenrobot @xptnd @ScubaForDogs

          Maybe I add outrageous key fees. Maybe I never repair the place. Maybe I only rent to ethnicity groups I like. What does it cost me? I'm not giving up any money by treating my tenants poorly. They're all paying below market.

          2 replies 0 retweets 0 likes
        3. masquerobot‏ @eigenrobot Jun 13
          Replying to @eigenrobot @xptnd @ScubaForDogs

          You can try to outlaw these things but in practice this is impossible Even if you succeeded the response would be decaying and never-replenished housing stock, since landlords would have no incentive to keep places up to attract tenants, and no expectation of profit on new units

          1 reply 1 retweet 1 like
        4. masquerobot‏ @eigenrobot Jun 13
          Replying to @eigenrobot @xptnd @ScubaForDogs

          On these points, I direct you to the experience of renting in New York and San Francisco.

          0 replies 0 retweets 0 likes
        5. End of conversation

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