Ashevolle
Pandemonium Reigns
- Joined
- Feb 9, 2009
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I agree the rent increase over the years is a problem. It doesn't look like it's slowing down.How do u fix the rent issue then ?
Universal healthcare im strongly for . Yes taxes would be higher but not much higher and to me that’s a sacrifice I would be willing to make
Solar Power research because oil will not last forever and we need a alternative.
Very few jobs start out at minimum wage now. Servers start out less than minimum wage but their tips help bring them well above minimum wage. Which is why if I'm going out to eat I'll tip well as long as the service is good and can tell the server is giving their best effort. If they are making good money they are likely to stay in those positions longer.Is minimum wage supposed to be a living wage?
I'll disagree on the rent issue as it seems the rent increases are due more to greed than anything else. Rent could be lowered tomorrow and many of these property management companies could still make enough profits.Make the environment better for investors instead of worst. A more open market means more people will want to purchase/build rental properties, which means more supply to meet the growing demand.
Because that’s the root cause of rent increases. Increased demand not being met by supply. Rent control further decreases supply and makes the underlying problem worse.
Regarding universal healthcare it would take a lot more than a small increase. It would be like doubling or tripling our military budget.
Solar research is occurring. Fossil fuels won’t last forever, but they will last roughly 100 years at current rates, and peak oil theory suggests those rates are declining so depending on the % decline you predict we may get far more than 100 years from them. But even when that occurs, nuclear will still be here
Very few jobs start out at minimum wage now. Servers start out less than minimum wage but their tips help bring them well above minimum wage. Which is why if I'm going out to eat I'll tip well as long as the service is good and can tell the server is giving their best effort. If they are making good money they are likely to stay in those positions longer.
Companies are starting out their food service delivery drivers at usually more than minimum wage now due to the fact that it's hard to fill those positions.
Many people working in restaurant and retail are now making more money in those jobs than they would let's say working for a call center or working an entry level or even an experienced administrative position. I saw where Buccees even pays their employees well plus has 3 weeks paid vacation.
Many are still paying less than minimum wage. But if the server is making $20 an hour then it's no big deal.A lot of places are starting to pay their servers more than min wage because they're struggling to staff.
Restaurants are not fun to run right now. The prices of imports are sky high abd food costs are absolutely disgusting.
I'll disagree on the rent issue as it seems the rent increases are due more to greed than anything else. Rent could be lowered tomorrow and many of these property management companies could still make enough profits.
Rent started increasing heavily in some major cities around the mid to late 2000s. We are talking about increases that are well over 100%. There is no justification for that except for greed.Greed is constant. Businesses/property owners didn’t magically become greedy overnight when Biden came to office. They will always attempt to get as much as they can. The key to restricting that is increasing supply so they have to compete for tenants to a greater extent
Rent started increasing heavily in some major cities around the mid to late 2000s. We are talking about increases that are well over 100%. There is no justification for that except for greed.
I said much of it got worse in the mid to late 2000s in the rental market. So you're actually trying to justify these massive rent increases? 2% or 5% is one thing but we are talking increases well above 100% in many of the major urban areas.Do you believe people in general were less greedy before the year 2000? Or is the goal of any landlord not to get the most for their property?
I said much of it got worse in the mid to late 2000s in the rental market. So you're actually trying to justify these massive rent increases? 2% or 5% is one thing but we are talking increases well above 100% in many of the major urban areas.
And yes I do believe there was a time when people overall were less greedy and less selfish in this country.
I'm sure property owners were doing just fine prior to the massive increases that have occurred.You realize that’s a crazy view right? That before the mid 2000s property owners wanted to make less money?
Where have rentals risen 100% in a year?
I'm sure property owners were doing just fine prior to the massive increases that have occurred.
Did I say it increased 100% in a year? No. I will give you an example of what I'm talking about. There is an apartment complex that I lived at in Knoxville in 2005. The rent back then was a little over $500. The rent now is over $1500. There is no justification for that except for the fact that they can.
Also if someone is a religious person then I would like to see some justification based on any religious scripture that greed is good and that it's okay to take advantage of people.
So you think it went up 3 times the amount in the previous 17 years from 1988 to 2005?Property owners were doing fine before isn’t the point. The point is they have always tried to make the most.
Once again you’re not providing data, just random anecdotes but I’ll address your anecdote anyway.
That was 17 years ago. So what you’re talking about is an annual increase of 6-7%. Are we really going to pretend that in 17 years, 6-7% is crazy and that it should have only increased by 2% in 17 years?
Normally when investing you’re seeking about 5% return annually. So 6-7 isn’t out of line at all. And the most likely cause of the 6-7% increase is the 10-13% population increases from the 2000-2010 and 2010-2020 census data.
So you think it went up 3 times the amount in the previous 17 years from 1988 to 2005?
Plus what justification would there be for a 6 to 7 percent annual increase each year during that time frame? Did their tenants income increase 6 to 7 percent each year as well? This has led to more than a 100% increase in a 17 year period. I lived there for over 2 years and they did not increase the rent once. Most of the increases were more recent.
There is still no justification except for greed when it comes to the rental price increases.
The rental prices at that apartment complex I'm referring to were still less than $1,000 just last year.
I'm also going to ask once again where any of this is justified in any religious scripture.
By the way these massive increases could eventually lead to the democrat dream of "affordable" housing for everyone. In that case these property management companies would just have all or the majority of their rent paid for by the government. Is that something you want?
So you think it went up 3 times the amount in the previous 17 years from 1988 to 2005?
Plus what justification would there be for a 6 to 7 percent annual increase each year during that time frame? Did their tenants income increase 6 to 7 percent each year as well? This has led to more than a 100% increase in a 17 year period. I lived there for over 2 years and they did not increase the rent once. Most of the increases were more recent.
There is still no justification except for greed when it comes to the rental price increases.
The rental prices at that apartment complex I'm referring to were still less than $1,000 just last year.
I'm also going to ask once again where any of this is justified in any religious scripture.
By the way these massive increases could eventually lead to the democrat dream of "affordable" housing for everyone. In that case these property management companies would just have all or the majority of their rent paid for by the government. Is that something you want?
Because I hear people on the right always talking about the lack of morals from people on the left. Once again if someone is a religious person then where in scripture is greed justified? Someone can point it out for me if they would like.What does religious scripture have to do with any of this? Do you believe the Bible should determine rental costs?
Because I hear people on the right always talking about the lack of morals from people on the left. Once again if someone is a religious person then where in scripture is greed justified? Someone can point it out for me if they would like.
I didn't say you were justifying it based on scripture. I'm asking you or anyone else who might be religious to justify it based on that and explain why it's morally right. I believe at this point even you know it's not. Once again greed itself is not justified in any scripture anywhere. If it is please let us know.I’m not sure what you think that has to do with anything. Do you believe I’m justifying rent or any other stance of mine based off scripture? You’re grasping at straws.
When you seen markets change you’ve got to realize greed (the desire to make as much as possible) is a constant. So if you see change, by definition the constant cannot be the problem only the variables (construction costs, taxes, population, etc)
My rents have increased 3x the original amount since 2009. Am I greedy? Am I taking advantage of people?I didn't say you were justifying it based on scripture. I'm asking you or anyone else who might be religious to justify it based on that and explain why it's morally right. I believe at this point even you know it's not. Once again greed itself is not justified in any scripture anywhere. If it is please let us know.
A 2 to 3 percent annual increase over the years I can understand. That would put the rental prices in this area at $700 to $900 a month range. But 6 to 7 percent annual increase each year is a bit too much. A 50% annual increase in one year is way too much. At that point they are taking advantage of people.
I didn't say you were justifying it based on scripture. I'm asking you or anyone else who might be religious to justify it based on that and explain why it's morally right. I believe at this point even you know it's not. Once again greed itself is not justified in any scripture anywhere. If it is please let us know.
A 2 to 3 percent annual increase over the years I can understand. That would put the rental prices in this area at $700 to $900 a month range. But 6 to 7 percent annual increase each year is a bit too much. A 50% annual increase in one year is way too much. At that point they are taking advantage of people.