21 Facts That Joe Biden Doesn’t Want You To Know

[protectionist]

That it is price gouging and you demand laws to force them to lower rent.

That is a leftist point of view.

If im renting to you, and my costs go up on everything I will pass that on.

I owe you nothing

Not a lie. It IS price gouging

 

[The Duke]

FALSE! It used to be a leftist point of view. It is now a conservative point of view, for the protection of 99.99% of all businesses in America. Did you read the OP ? Read it Mr Landlord

If one is a landlord, taxes on rental property are 400%+ on it.

That's where all the rent money is going, to local governments.

It wasn't always like that, but it is now.

If people don't like that, they'll have to lobby their local governments to change it.

Tbh, I think everyone should, renters and landlords alike, because it's pretty much

criminal. Government makes twice as much on rentals as the property owner and

doesn't have to do any maintenance.

It lowers the incentive to rent places.

 

[The Duke]

If prices are too high, then consumers will stop buying (except for necessites)

That makes the entire economy contract.

 

[protectionist]

Now lets guess its 100 apartments. Do the math.

That is $690 per apatment increase to account for new taxes.

Sounds like you're in the wrong business

 

[eagle1462010]

Sounds like you're in the wrong business

Facts bother you. You want to punish those who have to pay more because of inflation and increased costs.

That is BS. Im not a landlord, I simply provided FACTS.

You want them to LOSE MONEY FOR YOU. And you want the Govt to do it. They Caused this.

 

[The Duke]

Sounds like you're in the wrong business

It's not a good time to be in that business, I'll tell you that.

 

[Harpy Eagle]

It's not a good time to be in that business, I'll tell you that.

Oh yeah, just terrible....look at how far corporate profits have fallen

 

[The Duke]

Oh yeah, just terrible....look at how far corporate profits have fallen

View attachment 972122

Corporate profits are not home ownership and standard of living for average Americans, Assface McDingleberry.

I could have sworn the subject was home ownership and owning rentals.

 

[protectionist]

That makes the entire economy contract.

Not only contract, but 100s of businesses gone out of business. Some that were here for 100 years.

 

[Harpy Eagle]

Corporate profits are not home ownership and standard of living for average Americans, Assface McDingleberry.

I could have sworn the subject was home ownership and owning rentals.

My mistake, I missed the word "that" in your post.

 

[protectionist]

Facts bother you. You want to punish those who have to pay more because of inflation and increased costs.

That is BS. Im not a landlord, I simply provided FACTS.

You want them to LOSE MONEY FOR YOU. And you want the Govt to do it. They Caused this.

Do you think we are all idiots? You expect us to believe that thousands of landlords raising rents 100-200% (ex. $750/mo to $2000/mo) is being done out of necessity, to avoid LOSING MONEY ?
Are you nuts ?

The question is not are landlords having to "pay more". Without even investigating if landlords have to pay a penny more than they did 3 years ago, I'll go along and just guess that they do.

What I will not guess is that they have to pay that amount more, that they are compelled to raise housing rents 100-200% as is happening all over the state of Florida and elsewhere, thereby stripping consumers of hundreds of $$$ per month, and stopping those hundreds of $$$ from being converted into SALE$$$ for US businesses.

For example, 3 years ago, I was paying $600/month for a 1 bdrm apartment (a common rent then). That apartment (despite never having more than $25/mo annual increase) suddenly jumped to $850/mo. A $250/mo increase, and 10 times the usual yearly increase.

I moved out (with a lot of inconvenience) to an apt at $770/mo (Jan 2022), and that apartment where I still live is now $1,014/mo (69% more than the $600 I was paying in 2021). It is however, a lot better than the $1600/mo that the first apt now rents for ($1000 increase in 2.5 years & a 167% increase). I pity the poor devils who still live there (if there are any).

But you want us to believe that all this lunacy is normal and justified, and just the ramifications of the illustrious "market", because landlords costs have gone up THIS MUCH.

You must think we are all idiots.

Nah! I dont believe a word of that. I say this is big time GOUGING, plain & simple, and it is killing renters and businesses, many of which have gone out of business due to the reduction in disposable income and thereby sales, and something needs to be done about it.

Another example I will give is my art and music. 3 years ago and earlier, I was selling an average of 8 paintings a year. Since then (during the great rent explosion), I have sold NONE. Same thing has occured with my music lessons. Have not had a single student since 2020, and had to quit my teaching job at Sam Ash Music, because of the lack of students coming in. Now that nationwide chain has gone out of business after being here for 100 years.

THERE are your FACTS.

 

[protectionist]

Oh yeah, just terrible....look at how far corporate profits have fallen

View attachment 972122

Quite likely a major part of that corporate profits is companies that own apartment complexes and sell gas at the pump. They get more, we get less.

 

[The Duke]

Do you think we are all idiots? You expect us to believe that thousands of landlords raising rents 100-200% (ex. $750/mo to $2000/mo) is being done out of necessity, to avoid LOSING MONEY ?
Are you nuts ?

The question is not are landlords having to "pay more". Without even investigating if landlords have to pay a penny more than they did 3 years ago, I'll go along and just guess that they do.

What I will not guess is that they have to pay that amount more, that they are compelled to raise housing rents 100-200% as is happening all over the state of Florida and elsewhere, thereby stripping consumers of hundreds of $$$ per month, and stopping those hundreds of $$$ from being converted into SALE$$$ for US businesses.

For example, 3 years ago, I was paying $600/month for a 1 bdrm apartment (a common rent then). That apartment (despite never having more than $25/mo annual increase) suddenly jumped to $850/mo. A $250/mo increase, and 10 times the usual yearly increase.

I moved out (with a lot of inconvenience) to an apt at $770/mo (Jan 2022), and that apartment where I still live is now $1,014/mo (69% more than the $600 I was paying in 2021). It is however, a lot better than the $1600/mo that the first apt now rents for ($1000 increase in 2.5 years & a 167% increase). I pity the poor devils who still live there (if there are any).

But you want us to believe that all this lunacy is normal and justified, and just the ramifications of the illustrious "market", because landlords costs have gone up THIS MUCH.

You must think we are all idiots.

Nah! I dont believe a word of that. I say this is big time GOUGING, plain & simple, and it is killing renters and businesses, many of which have gone out of business due to the reduction in disposable income and thereby sales, and something needs to be done about it.

Another example I will give is my art and music. 3 years ago and earlier, I was selling an average of 8 paintings a year. Since then (during the great rent explosion), I have sold NONE. Same thing has occured with my music lessons. Have not had a single student since 2020, and had to quit my teaching job at Sam Ash Music, because of the lack of students coming in. Now that nationwide chain has gone out of business after being here for 100 years.

THERE are your FACTS.

Now investigate how much the taxes were raised on rental property during that time period in that local municipality. It ain't landlords making that money,
it's the government, insurance companies, and corporations that use
property managers. Never before has that been the case, but it is now.

 

[protectionist]

If one is a landlord, taxes on rental property are 400%+ on it.

That's where all the rent money is going, to local governments.

It wasn't always like that, but it is now.

If people don't like that, they'll have to lobby their local governments to change it.

Tbh, I think everyone should, renters and landlords alike, because it's pretty much

criminal. Government makes twice as much on rentals as the property owner and

doesn't have to do any maintenance.

It lowers the incentive to rent places.

And don't we wonder how much of those increased taxes on landlords (passed on to renters & reduce sales to businesses) is going to the various costs of supporting illegal aliens.

 

[The Duke]

And don't we wonder how much of those increased taxes on landlords (passed on to renters & reduce sales to businesses) is going to the various costs of supporting illegal aliens.

Well, they're definitely renting some of that property and driving up demand,
so there's that.
They are competing with Americans directly for rental housing.
That's an unavoidable fact.

 

[protectionist]

Now investigate how much the taxes were raised on rental property during that time period in that local municipality. It ain't landlords making that money,
it's the government, insurance companies, and corporations that use
property managers. Never before has that been the case, but it is now.

I'd like to see a link for all that. Not that I doubt you, but I'd like to see it all more clearly.

 

[The Duke]

I'd like to see a link for all that. Not that I doubt you, but I'd like to see it all more clearly.

So you'd have to research the tax rates where that happened.

Oh! And valuations, because the higher the value, the higher the taxes.

 

[protectionist]

Well, they're definitely renting some of that property and driving up demand,
so there's that.

Without a doubt. Whn Biden dumped thousands of illegals here in Tampa, and other Florida cities, in the middle of the night, those illegals saturated the rental housing market, and rents went to the moon.

 

[protectionist]

Now investigate how much the taxes were raised on rental property during that time period in that local municipality. It ain't landlords making that money,
it's the government, insurance companies, and corporations that use
property managers. Never before has that been the case, but it is now.

I still say it is at least partially GOUGING.

 

[The Duke]

I still say it is at least partially GOUGING.

I say it's gouging of the people by local governments, corporations, and insurance companies (in no particular order) with the illegal immigrant
competing with Americans for housing factor in there, too.
It's mostly NOT private landlords when the government makes twice as
or more than they do on the property.
Okay, here's my example.
I had a relative, had a nice little bungalow, was paying around $1150-$1160
in taxes a year. Times got bad with the housing bubble burst.
They got a great job in a different area with an offer too good to pass up.
So they bought a house in that area and decided to rent the nice old house out.
The taxes jumped instantly to over $8,000 /yr.
This isn't the only time I've seen this. Been around for a while.
Now say they only doubled the taxes, a lot less rent money would have to be charged to break even, less rent for people, more money in everyone's pockets. (except the government)