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Housing is a human right. Rents should be fixed. Enough to cover mortgage, taxes, insurance repairs. The landlords can profit from value increases.
The greedy corporate mega landlords are sucking the People dry. The usury needs to stop.
It shouldn't stop at rent control.
The govt should nationalize all oil production and in-ground mineral assets. These resources belong to The People. The big oil has fleeced us long enough. Most countries the oil and gas are state controlled to protect the public from greedy corporations. Sieze their assets for the public good.
Private insurance (car, home, etc.) should only be non-profit co-ops. What insurance was meant to be.
Universal govt paid QUALITY health care for all. Doctors don't need to make millions a year. Medicine should be an altruistic profession, not a way to squeeze money from the sick.
Stop public funding for the christian charter school madrassas where children are brainwashed and denied equality at public expense. Either public school for all or you pay out of pocket to have your children trained as cultists.
The BLM needs to reopen the western US to homesteaders, and let the People use OUR lands to grow food and provide subsistance, instead of being crammed into the massive concrete ghettos or our ruined cities.
Also sieze the assest of all billionaires and anyone with over 10 million dollars. Nobody needs 400 foot mega yachts and private intercontenintal jets.
And finally, we need immediate UBI - uninversal basic income for all.
Holy cow comrade. I guess you are not a friend of free market capitalism. Venezuela tried a whole bunch of the things listed above but it didn't turn out very well. About 20 percent of their citizens decided to go somewhere else, even most of the doctors so the free medical care thing is kind of hard to do.
Guess what, as soon as anyone with substantial means gets a whiff of "sieze assets", do you think they will hang around and do nothing? These days with with a few computer clicks money can be moved around the globe instantly. Then, the government would get 100 percent of nothing, which is zero.
I remember when Rent Control was outlawed. We were told that doing so would reduce housing shortages. What a joke. Governments, banks and property investors couldn't wait to start their increases. The result being that we are now overcrowded, over taxed, over charged as residents throughout the world.
People should start fighting again for rent control or it will never level out.
The Biden administration is welcoming millions and millions and millions of illegals over here. The government will spend $150,000 a year on each family to house to feed and to school them plus medical. The more they keep coming over the border we will have more and more shortages of homes and higher rents.
We know illegals pack them inro a home to save money but there are so many millions coming it will push every known product higher. Supply and demand makes everything higher costs for Americans. We are heading into Oblivion financially. This is on purpose.
Biden also wants to pay those loans for those indoctrination colleges. It's a big thank you to the people who became woke.
Imagine the number of available apartments if you kicked out 10s of millions of people who have absolutely no right to be here….
You're right. I mention this in my later response. Corporations (ie., Businesses, lobbyists, and politicians alike have sold us all out).
As citizens and taxpayers, working class and middle class, we need to start by making life more affordable. Big business and Washington isn't going to do it for us citizens.
Rent control is stronger than ever here in NY state and NYC. And it's an ongoing disaster. Of course not for most of the renters sitting on rent-controlled apartments. But rent control keeps market rents sky high because it causes a chronic apartment shortage.
The great majority of housing economists, both liberal and conservative, agree that rent conrol is disastrous to the housing stock and the housing market.
Paul Krugman is the most famous liberal economist in the world today stated in a New York Times opinion piece:
“The analysis of rent control is among the best-understood issues in all of economics, and—among economists, anyway—one of the least controversial. A poll of the American Economic Association found 93 percent of its members agreeing that ‘a ceiling on rents reduces the quality and quantity of housing.’ Almost every freshman-level textbook contains a case study on rent control, using its known adverse side effects to illustrate the principles of supply and demand.”
I owned a small apartment house in NYC for 17 years. The apartment rents were controlled. On average the annual allowed rent increase was 3%. My expenses increased on average 7%. Mainly because of a whopping 10% property tax increase, and the property tax is by far the major expense in NYC. I sold last year because I just could not make an adequate profit any longer.
But I feel sorry for people who are searching for an apartment. That's because rent control decreases the apartment supply causing market rents to increase. Why the decrease in the supply? Rent-controlled tenants sit on their apartments for decades even life because their rents are artificially low (included in any rent-controlled scheme is the requirement that the lease must be renewed indefinitely). That takes all those apartments off the market. Therefore the apartments that are not under rent regulation, like apartments in very small buildings, are in high demand. It's not rocket science.
Everybody is hurt except those sitting in artificially low rent apartments. And some of them are quite wealthy.
I remember when Rent Control was outlawed. We were told that doing so would reduce housing shortages. What a joke. Governments, banks and property investors couldn't wait to start their increases. The result being that we are now overcrowded, over taxed, over charged as residents throughout the world.
People should start fighting again for rent control or it will never level out.
I take it you are not a landlord! Rent controls don't function well.....let the market decide.
Housing is a human right. Rents should be fixed. Enough to cover mortgage, taxes, insurance repairs. The landlords can profit from value increases.
The greedy corporate mega landlords are sucking the People dry. The usury needs to stop.
It shouldn't stop at rent control.
The govt should nationalize all oil production and in-ground mineral assets. These resources belong to The People. The big oil has fleeced us long enough. Most countries the oil and gas are state controlled to protect the public from greedy corporations. Sieze their assets for the public good.
Private insurance (car, home, etc.) should only be non-profit co-ops. What insurance was meant to be.
Universal govt paid QUALITY health care for all. Doctors don't need to make millions a year. Medicine should be an altruistic profession, not a way to squeeze money from the sick.
Stop public funding for the christian charter school madrassas where children are brainwashed and denied equality at public expense. Either public school for all or you pay out of pocket to have your children trained as cultists.
The BLM needs to reopen the western US to homesteaders, and let the People use OUR lands to grow food and provide subsistance, instead of being crammed into the massive concrete ghettos or our ruined cities.
Also sieze the assest of all billionaires and anyone with over 10 million dollars. Nobody needs 400 foot mega yachts and private intercontenintal jets.
And finally, we need immediate UBI - uninversal basic income for all.
all hail, comrade jamies, who doesnt understand (as 99% of communists dont) that one size does not fit all
And the award for the comical post of the day goes to...
While most of your statements weren't even worth replying to...as to a couple of points.
Quote:
Originally Posted by jamies
Housing is a human right. Rents should be fixed. Enough to cover mortgage, taxes, insurance repairs. The landlords can profit from value increases.
The greedy corporate mega landlords are sucking the People dry. The usury needs to stop.
You do realize then that there is actually no "profit" until the landlord sells the building to get the "value"...Right? Until then I guess the 60-year-old couple who owns 3 units is just supposed to act as a non-profit organization and better have another source of income.
The only thing this would do is exactly the opposite of what you want. It would push more units INTO the hands of major corporations and encourage more buying and selling of these properties.
Quote:
Originally Posted by jamies
Also sieze the assest of all billionaires and anyone with over 10 million dollars. Nobody needs 400 foot mega yachts and private intercontenintal jets.
Wouldn't Billonairs be included in anyone with over 10 million dollars? What if someone wants a 399 foot mega yacht? Is that okay?
Many billionaires (including some very Progressive Democrats) don't actually "own" anything. They put it in their company's name, or in other shelters to hide their worth. So should we also have the Government take over any business worth more than 10 Million? Perhaps we should just ban mega yachts and private jets all together and not worry about it.
We already have rent control. If a landlord raises rent too high, tenants move out to cheaper apartments. The landlord has to lower rent to attract tenants. It's called "Market Economy" and it effectively controls the price of everything (that is not government subsidized).
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What if someone wants a 399 foot mega yacht? Is that okay?
