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Old 06-02-2019, 06:58 PM
 
Location: Arizona
6,137 posts, read 3,865,359 times
Reputation: 4900

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https://la.curbed.com/2019/5/22/1852...mKlsAqBaFuLsFc

Maybe it's all that Section 8 and lack of building permits that is causing prices to increase.

The reason why rents are expensive in lower-priced neighborhoods is because of government section 8 vouchers. The reason the vacancy rates are very low is because of all the worthless regulations to build.

The only solution to their issues is not telling landlords if they raise there rent they will have to give up to $4,500 to tenants who don't want to pay for market rates.

Wow, so if landlords raise there rents a certain amount they will have to give up to $4,500 in tenant relocation money.

Rent control is a big failure and this will be also.

Rent control just causes desperate landlords to let their properties decline to the extent that the rent-controlled tenants have to move out so they can have a fresh batch of much higher paying tenants.
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Old 06-02-2019, 07:09 PM
 
623 posts, read 233,995 times
Reputation: 397
Good. Wish my state would do something like this. I LOVE how my slumlord drives a new truck and new dodge challenger while we pay her 1200$ a month for this house....eh we will get the last laugh...she thinks we are gonna buy this craphole and we aren't but she can raise rent in a year if we tell her we aren't buying it so we are just gonna tell her we are buying it and then we are moving sometime next year..hope they have to return their cars or they get repoed.I despise people like her and her husband.
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Old 06-02-2019, 07:13 PM
 
1,415 posts, read 1,094,833 times
Reputation: 853
Quote:
Originally Posted by O.R.I.O.N View Post
Good. Wish my state would do something like this. I LOVE how my slumlord drives a new truck and new dodge challenger while we pay her 1200$ a month for this house....eh we will get the last laugh...she thinks we are gonna buy this craphole and we aren't but she can raise rent in a year if we tell her we aren't buying it so we are just gonna tell her we are buying it and then we are moving sometime next year..hope they have to return their cars or they get repoed.I despise people like her and her husband.
Better than the corporate greed from Wall Street, otherwise you'd be priced out of the city you live in entirely.
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Old 06-02-2019, 07:19 PM
 
623 posts, read 233,995 times
Reputation: 397
Quote:
Originally Posted by nedergras View Post
Better than the corporate greed from Wall Street, otherwise you'd be priced out of the city you live in entirely.
Greed is greed and its ALL around us. I despise anyone who does it. At this rate looking at the newspaper for rentals there is NOTHING for rent so we are looking at using our tax refund to buy a piece of land and putting a mobile home on it simply so we can stop paying rent to greedy people who don't care about fixing things.
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Old 06-02-2019, 07:20 PM
 
1,415 posts, read 1,094,833 times
Reputation: 853
Quote:
Originally Posted by O.R.I.O.N View Post
Greed is greed and its ALL around us. I despise anyone who does it. At this rate looking at the newspaper for rentals there is NOTHING for rent so we are looking at using our tax refund to buy a piece of land and putting a mobile home on it simply so we can stop paying rent to greedy people who don't care about fixing things.
Get a new construction loan. At least you get to hire local labor instead of buying a manufactured home outfitted with Chinese made crap.
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Old 06-02-2019, 07:22 PM
 
623 posts, read 233,995 times
Reputation: 397
Quote:
Originally Posted by nedergras View Post
Get a new construction loan. At least you get to hire local labor instead of buying a manufactured home outfitted with Chinese made crap.
Trying to get our credit scores there....getting there and we have time so...hopefully with fingers crossed...would love to design my own home.
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Old 06-02-2019, 07:23 PM
 
7,126 posts, read 4,540,768 times
Reputation: 23322
Nevada rents have went up 40% in the past few years. So grateful we own. People are becoming homeless and we have a housing shortage. No clue what the answer is.
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Old 06-02-2019, 07:24 PM
 
1,415 posts, read 1,094,833 times
Reputation: 853
Quote:
Originally Posted by O.R.I.O.N View Post
Trying to get our credit scores there....getting there and we have time so...hopefully with fingers crossed...would love to design my own home.
Credit unions are easier and the feds give money to rural areas for home buyers. USDA rural development.
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Old 06-02-2019, 10:21 PM
 
Location: Houston
3,163 posts, read 1,726,820 times
Reputation: 2645
Quote:
Originally Posted by lovecrowds View Post
https://la.curbed.com/2019/5/22/1852...mKlsAqBaFuLsFc

Maybe it's all that Section 8 and lack of building permits that is causing prices to increase.

The reason why rents are expensive in lower-priced neighborhoods is because of government section 8 vouchers. The reason the vacancy rates are very low is because of all the worthless regulations to build.

The only solution to their issues is not telling landlords if they raise there rent they will have to give up to $4,500 to tenants who don't want to pay for market rates.

Wow, so if landlords raise there rents a certain amount they will have to give up to $4,500 in tenant relocation money.

Rent control is a big failure and this will be also.

Rent control just causes desperate landlords to let their properties decline to the extent that the rent-controlled tenants have to move out so they can have a fresh batch of much higher paying tenants.
Maybe you’re not familiar with the horrible effects of Calif’s Ellis Act? With the rapid run-up in rents, landlords have been raising the rents to a rent that the renter can’t afford- leading to rapid eviction of the tenants. These tenants often cannot afford the extremely high market rents and the moving costs associated with that. These payments to tenants might result in discouraging unscrupulous landlord behavior and/or help the displaced tenant a chance to adjust to finding another place to live.
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Old 06-02-2019, 11:08 PM
 
Location: The Republic of Texas
78,863 posts, read 46,634,918 times
Reputation: 18521
Quote:
Originally Posted by lovecrowds View Post
https://la.curbed.com/2019/5/22/1852...mKlsAqBaFuLsFc

Maybe it's all that Section 8 and lack of building permits that is causing prices to increase.

The reason why rents are expensive in lower-priced neighborhoods is because of government section 8 vouchers. The reason the vacancy rates are very low is because of all the worthless regulations to build.

The only solution to their issues is not telling landlords if they raise there rent they will have to give up to $4,500 to tenants who don't want to pay for market rates.

Wow, so if landlords raise there rents a certain amount they will have to give up to $4,500 in tenant relocation money.

Rent control is a big failure and this will be also.

Rent control just causes desperate landlords to let their properties decline to the extent that the rent-controlled tenants have to move out so they can have a fresh batch of much higher paying tenants.
A lot of For Sale signs soon to show up.
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