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I agree with you that schools should teach about personal finance / financial literacy and investing .
Unfortunately the school system are mostly controlled by liberals .
And they think investing or wealth is bad and greedy .
Have you done studies about control of school systems? Read any studies?
Why is philosophy not a required class then? That is a liberal cornerstone! Why is there not any "public service" classes then? Every liberal would love those.
Stop being so biased and start talking straight instead.
Rent control is an abomination. If you cannot afford the prevailing rental cost you need to move. Period.
The Prevailing Rental cost in a Free Market would actually be a lot lower.
The Banking Scum, Flippers and Home Owners that use their home as a Piggy Bank are the ones that benefit from artificially elevated housing prices.
They purchased politicians to rig the housing market in their favor with codes, zoning, wall street ponzi schemes and various enforcement's.
They encourage foreigners to come in and buy up property.
This all puts upward pressure on housing prices.
In a Free Market, I could build a cheap shack next to a wealthy neighborhood and lower their property values.
It is funny how when it comes to wages people support the free market, but when it comes to housing, they hate the free market and want to artificially keep prices elevated so they can make bank and then wonder why no one can afford to live in these places.
Or Congress, each rep and senator gets paid a salary of around $200k/year (forget the exact amounts, but they are both in that ballpark), plenty of right wingers like Virginia Foxx and Louie Gohmert who don't deserve that
If I could not afford it I would move because I understand personal responsibility and living within my means. I do not rely on the government to subsidize my existence.
If you believe in Government enforced zoning, codes, wall street loan scams, foreigners buying up property that artificially inflate housing prices, then you are already a beneficiary of the government subsidizing your existence.
The Prevailing Rental cost in a Free Market would actually be a lot lower.
The Banking Scum, Flippers and Home Owners that use their home as a Piggy Bank are the ones that benefit from artificially elevated housing prices.
Interesting how you brush under the rug all the negative aspects of the free market. You recognize some of the problems yet you claim its somehow not a real free market. Truly incredible the mental gymnastics you need to perform to keep your ideology consistent.
Rent control is a poor solution to a real problem. In many cases the "market rate" is no more natural than the rent controlled rates though. Price manipulation is being used to solve problems caused by other forms of price manipulation.
Exactly, the "Market Rate" is already manipulated and artificially inflated.
Do you actually own rental property? Do you know anyone who does?
This idea that property owners are all like Scrooge McDuck swimming in vaults full of gold coins is so naive that... well, it can only be believed by the same people who believe rent control benefits "all The People." It benefits those who get to live in below-market units for as long as they feel like (and the bureaucrats who rely on them for their own livelihoods) and screws everyone else -- prospective tenants and property owners alike.
I have. I had a Scrooge that stole thousands from me. I also had a nice one that later sold off to a private company. He was nice not because he charged less, but because he actually did what he was supposed to and was courteous.
My next renter was the American Government, I pay the rent (tax) and they don't fix anything that gets broken.
I technically sublease through a mortgage though. But the direct leasee (the subleaser/bank) doesn't pay any rent nor accept responsibility for the property either.
Whenever the direct owner (AG) feels they want their property back, they can rip it from my name legally as long as they "replace it" (even if it's by not charging taxes over time) for whatever they (although a different sector of "they") deem is fair market value.
The private loan (mortgage) that I got from the leasing bank (the subleaser) said the "private" property that I built with their loan money is theirs if I don't pay the loan with interest in "rent-like/equivalent" chunks (making them another renter stealing thousands from me in order to pay for any of their investments that don't go well).
"rent control" if done improperly (by Republicans and Conservative Democrats) benefits no one.
If done correctly and all loopholes closed, it benefits everyone. Any logic as to how doing it right would be "doing it wrong," then?
Location: Live:Downtown Phoenix, AZ/Work:Greater Los Angeles, CA
27,606 posts, read 14,630,065 times
Reputation: 9169
Quote:
Originally Posted by jm1982
Most landlords probably would kick people out if they are good tenants even if they could get more rent , because there are costs to turn over .
But landlords are running a business and not a charity at the end of the day .
Also elderly people have had a lifetime to buy property somewhere .
Being a life long renter is a horrible plan .
Plus there are a lot of government programs to help the elderly.
We are one of the only industrialized countries where owning a primary residence is "the norm". In Europe, the majority rents. I think I saw Germany has a 70/30 renter to owner ratio last I looked
The leaders of socialist countries and communist countries and their buddies have always lived very well .
So do the Lobbyists and CEO's in bed with these leaders.
There is a direct correlation between how wealthy they are and how many politicians they have on speed dial.
If you believe in Government enforced zoning, codes, wall street loan scams, foreigners buying up property that artificially inflate housing prices, then you are already a beneficiary of the government subsidizing your existence.
In fact I don't believe in any of those things.
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