Biden Proposing 5% Cap on Housing Rents

And by opposing that govt imposed rent control, you are squarely opposing 99.99% of all the businesses in America. You can't escape from that fact, & your silly name calling doesn't change a thing. 😐
Now YOU "run along" and think about that (hard).
How can opposing government imposed rent controls be opposing almost every business in America.
 
You better be careful with slandering folks doooooode. I vote for people that I think will maybe do what is good for the country. They aren't my friends and I don't talk to them AT ALL. Another thing--I don't even live in a village--so take your whining garbage down the road. FYI, go down and buy a sheet of CDX plywood and see what one costs. Before you whine about how you didn't need any--other tenants do and other tenants aren't always responsible and dependable. YOU put yourself in the position where YOU have to pay for these low lifes. I don't have to and other land owner don't have to either. Go talk to YOUR buddies in YOUR city hall and tell them to hold responsible parties accountable and maybe your rent won't rise to what the market will bear. Now go troll someone else with your monthly rant. I've said all I'm going to. You either have dementia or are intentionally obtuse.
Why talk to anybody in city hall, when we have gotten to the point of repairing the damage to 200+ million Americans, with federal action, that is needed all over the country ? I said all I needed to say 4 days ago.
 
How can opposing government imposed rent controls be opposing almost every business in America.
That has been talked about 200 times in this thread. I'm tired of people entering a thread late, and oblivious to everything in it. So instead of you doing a bit of work of reading the thread, I'm supposed to do the work of answering this.

And what a frankly dumb question. If you own a business selling non necessity items, and your customers now have hundreds of dollars less per month to buy your stuff, what do you think is going to happen to your sales ? Duh!

So what is there to stop this situation ? Really nothing other than what Biden is proposing - a cap on housing rents.

I'll repeat post # 103.
This is not hard to understand. If one year, you pay $600/month in rent. A year later, you pay $1000/month in rent, and a year after that, you pay $1600/month rent. You now have $1000 LESS every month to buy the things businesses are trying to sell.

You have $12,000/year LESS to do that. There goes your plans to buy that nice $12,000 violin. There goes your plans to outfit your home with new furniture. There goes your plans to get that low miles 2021 Kia Forte.

And there goes the chance for the sellers of those things to sell them to you.

.
 
That has been talked about 200 times in this thread. I'm tired of people entering a thread late, and oblivious to everything in it. So instead of you doing a bit of work of reading the thread, I'm supposed to do the work of answering this.

And what a frankly dumb question. If you own a business selling non necessity items, and your customers now have hundreds of dollars less per month to buy your stuff, what do you think is going to happen to your sales ? Duh!

So what is there to stop this situation ? Really nothing other than what Biden is proposing - a cap on housing rents.

I'll repeat post # 103.
This is not hard to understand. If one year, you pay $600/month in rent. A year later, you pay $1000/month in rent, and a year after that, you pay $1600/month rent. You now have $1000 LESS every month to buy the things businesses are trying to sell.

You have $12,000/year LESS to do that. There goes your plans to buy that nice $12,000 violin. There goes your plans to outfit your home with new furniture. There goes your plans to get that low miles 2021 Kia Forte.

And there goes the chance for the sellers of those things to sell them to you.

.
Silliness
 
It hasn’t.
It has, and you havent read the thread, so how the hell do you know ?

If you owned a business and saw your sales disappear right before your eyes. you'd know what you're talking about. Or if you read this thread, and knew about Sam Ash Music, Walgreens et al, you'd know.
 
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And not one word about rent or rent control. Inflation, rising supply and operation costs (tripling the minimum wage) and underperformance for many years are referenced but NOTHING about rent. I don't rent or own rentals and I quit going to a bunch of these businesses because I'm not going to pay three times the value of a hamburger, potato or onion so that the business can support excessive wages for entry level jobs. Nice distraction but it didn't work.
 
And not one word about rent or rent control. Inflation, rising supply and operation costs (tripling the minimum wage) and underperformance for many years are referenced but NOTHING about rent. I don't rent or own rentals and I quit going to a bunch of these businesses because I'm not going to pay three times the value of a hamburger, potato or onion so that the business can support excessive wages for entry level jobs. Nice distraction but it didn't work.
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Whoa! In the same sentence you say "Inflation", and then "NOTHING about rent". So you don't call $1000 rent increases over 2-3 years > "Inflation" ?

Not only is it inflation, but it is the WORST of all the inflation, possibly in all of US history.

And what do you think "underperformance" means ? It means reduced sales. And if you think that thousands of potential customers having their spending money reduced 500-$1000/month, has nothing to do with those reduced sales, then you need brain surgery.

And regardless of what you do or dont do, for sure, millions of Americans are not going to those businesses, because the money they would have spent there, is now going to astronomical skyrocketed rents.

In the video in Post # 474 (0:15 on the time bar) that narration says > "falling victim to the squeeze on US businesses, with consumers cutting back on dining out, & tightening their budgets."

Well, gosh! Whatever could be causing them to do that, huh ?
 
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