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If you earn 3% more this year but your rent went up 15%, are you really better off today than you were last year? (Portland rents increased 15% from Aug 2014 to Aug 2015 according to a tracking firm called Axiometrics, with homelessness and evictions at record levels.)
Same thing happened with the Reagan Tax Cuts and economic expansion; my income went up but I became worse off because rents went up even more.
That's interesting, because I happen to own a home in Portland and it's a fairly well known fact that the reason rents have gone up is the huge influx of population moving into the area which really doesn't have a thing to do with federal government policies. As far as the eviction rate goes, pin that one on free markets that allow landlords to increase rents when demand outstrips supply.
Any more economic theories you'd like to to dazzle us with?
And Mitch McConnell said from day 1 that republicans would make him a first term president. If that wasn't a division I don't know what is. Why do you think he said that? But that was the precedent set.....by republicans.
Possibly, after the President put Republicans in the backseat and shut the door. Or was it after Obama made the Dahlia Llama walk through the backdoor past all the garbage. Then we have the hate for the Prime Minster of Israel. Taking out Gaddafi, trying to remove Assad and now blaming Trump for the war he and Hillary want to start with Russia.
That's interesting, because I happen to own a home in Portland and it's a fairly well known fact that the reason rents have gone up is the huge influx of population moving into the area which really doesn't have a thing to do with federal government policies. As far as the eviction rate goes, pin that one on free markets that allow landlords to increase rents when demand outstrips supply.
Any more economic theories you'd like to to dazzle us with?
Lol, I can't help myself on this thing. These guys don't realize how ridiculous they sound to anyone with even a moderately decent education. It's like fighting with children. "Dazzle us with." That was funny.
Rents in particular have REALLY gone up under Obama It's strange because under Bush's "housing boom" i don't remember rents being anywhere NEAR this high despite the record-high property values.
I attribute the huge rent hikes of recent years to simple greed mostly. Yes, in some places there is a legit shortage of housing supply, but rents going up even "in the middle of nowhere" or flyover country? That's just sheer greed.
Thanks for all the pot-heads, fast-breeding welfare types, third-worlders, and southern immigrants driving up housing costs Obama!
Lol @ Obama economy overall "growth" of 1% and 0% wage growth while rents alone are up 30-60% on average
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