It's Happening Again - Homes Lost - Some Rent Control Needed

[protectionist]

The reason they're not charging double or triple, is the same answer as to the question you ran away from in Post # 381.

Post #381 didn't explain why gas station owners aren't charging $12 a gallon.

The answer is that generally, the firm cannot raise prices above what their market price is because doing so cause their SALES to drop,

Exactly.

That's why your landlord can raise rents to $900 (or $1090), because they can do
so without causing their sales to drop.

And then the convenience storeowners (cartelling among each other) decide to jack up their prices to $500/gallon. Or $100/gallon. Or $50/gallon. They could that, without any price control law to stop them.

There is no price control law on gasoline, so why isn't it $50?
If oil tripled in price, should the government mandate that gas prices stay where they are now?
What would happen to the gasoline supply if they did?

No the rental situation is an anomaly. It is caused be an unusual spike in population.

I already told you why gas isn't $50. Slow learner ?

 

[Toddsterpatriot]

No the rental situation is an anomaly. it is caused be an unusual spike in population.

I already told you why gas isn't $50. Slow learner ?

No the rental situation is an anomaly. it is caused be an unusual spike in population.

An increase in demand allows higher prices? Weird.

I already told you why gas isn't $50.

The price control laws that don't exist?

Slow learner ?

Slow teacher?

 

[protectionist]

Class is over for today students. I need to go to my abortion thread. Liberals sitting there waiting to be thrashed.

 

[Toddsterpatriot]

Class is over for today students. I need to go to my abortion thread. Liberals sitting there waiting to be thrashed.

Hope you're not as stupid on that thread.

 

[Concerned American]

Read Post 419, and your ignorance will be gone.

See Post #408. It will explain your ignorance.

 

[AZrailwhale]

If I did then so did you. because your story is about identical to mine (except I went from California to Florida)

No it isn't because I took responsibility for my life. I sacrificed so that I am secure now. You remind me of an old co-worker. He rented all his life. I tried to talk him into buying a small condo, but he said renting was cheaper and I was foolish to waste my money. After I paid off the fifteen year mortgage on my house, he always complained that Insemed to have a lot of money. After we retired I ran into him and he didn't even have enough money to go out to dinner with me. He said even with a fixed benefit and Social Scurity he was barely making ends meet. He really got angry when I told him he should have bought that condo instead of all the expensive guitars in his collection that he rarely even played. He will be paying rent until the day he dies just like you. You made bad decisions all your life and now you want other people to subsidize you.

 

[AZrailwhale]

The will of millions of renters, to keep rental rates fair, reasonable, affordable, and for AMERICANS (not just rich foreigners). The will to not be mugged for hundreds of $$$ every month. Good will.

You get the government to set controlled rents below what the owners consider a proper return, they will simply evict the renters and convert the buildings to condos. If you get the government to,prevent that, they will simply abandon the properties, Banks are not going to subsidize people like you, so they will evict everyone and tear down the buildings. There is no scenario that you win in. There are just some scenarios where it takes you longer to lose than others.

 

[AZrailwhale]

The US, all our lives, has been a combination of socialism & capitalism. Are you just refusing to face that fact ?

PS - most businesses just take it in stride, and roll with it. Unlike whiney landlords.

No, business that can't make a profit close down. It happens all the time. For example, when was the last time you saw an independant book store? They used to be everywhere. How about a record or CD store? Again they used to be everywhere. How about a pay phone? There used to be several on every corner. How about newsstands? Again, gone. Take away their profits and apartments will go away as well. Then you can live in a government owned apartment and pay whatever some nameless bureaucrat feels is fair.

 

[AZrailwhale]

So you say I'm a liar, but you PUNK OUT from my challenge, in which I can prove what I say (which you know nothing about). And isn't that interesting also. Why would you think I'm lying about an apartment rent going from $550/month to $1,090 in a few years ? You think that is odd ?

It is what is happening here all over the Tampa Bay area. It is the "rule", not the exception. You are clueless.

Damn fool. there is no such thing as $500/gallon. You are dense.

OK. The govt can make it be $3, by ordering it to be $3. Happy ?

No, it is not supply and demand. The scenario I mentioned, has to do with demand and PRICE, not supply. It also has to do with SALES (and I just gave you the answer because you've been stumbling long enough, unable to understand what I was talking about. Good thing you weren't one of my students.

The government can't make gas cost three bucks a Gallon if it costs more than that to buy, refine and transport UNLESS you want the government to subsidize production costs. A company will and can not produce a product at a loss.

 

[protectionist]

The government can't make gas cost three bucks a Gallon if it costs more than that to buy, refine and transport UNLESS you want the government to subsidize production costs. A company will and can not produce a product at a loss.

It DOESN'T cost than that to buy, refine and transport, as proven by the fact that we have $3/gallon gas right now - and when Trump left office it was $1.89.

 

[protectionist]

No, business that can't make a profit close down. It happens all the time. For example, when was the last time you saw an independant book store? They used to be everywhere. How about a record or CD store? Again they used to be everywhere. How about a pay phone? There used to be several on every corner. How about newsstands? Again, gone. Take away their profits and apartments will go away as well. Then you can live in a government owned apartment and pay whatever some nameless bureaucrat feels is fair.

So you think that $1500/month for a 1 bedroom apartment is needed, for a profit to be made ? Or even $900/month ? I don't think you're that stupid. Couldn't be.

 

[protectionist]

You get the government to set controlled rents below what the owners consider a proper return, they will simply evict the renters and convert the buildings to condos. If you get the government to,prevent that, they will simply abandon the properties, Banks are not going to subsidize people like you, so they will evict everyone and tear down the buildings. There is no scenario that you win in. There are just some scenarios where it takes you longer to lose than others.

$1500/month (common now in Tampa) is a RIP-OFF, not a "proper return".. What absurd comments are showing up in this thread. Jeeez.

 

[Toddsterpatriot]

It DOESN'T cost than that to buy, refine and transport, as proven by the fact that we have $3/gallon gas right now - and when Trump left office it was $1.89.

Gas is about $3.50 a gallon in Chicago today.
What happens to the supply if the government said they could only charge $1?

 

[Mr Natural]

Why are conservatives so ignorant about supply and demand when it comes to housing costs?

 

[protectionist]

No it isn't because I took responsibility for my life. I sacrificed so that I am secure now. You remind me of an old co-worker. He rented all his life. I tried to talk him into buying a small condo, but he said renting was cheaper and I was foolish to waste my money. After I paid off the fifteen year mortgage on my house, he always complained that Insemed to have a lot of money. After we retired I ran into him and he didn't even have enough money to go out to dinner with me. He said even with a fixed benefit and Social Scurity he was barely making ends meet. He really got angry when I told him he should have bought that condo instead of all the expensive guitars in his collection that he rarely even played. He will be paying rent until the day he dies just like you. You made bad decisions all your life and now you want other people to subsidize you.

I owned 2 houses, and one condo. I started a business on $35,and expanded it to 4 branch offices in 3 counties. I graduated from college with a BA, and went to graduate school, where 25 of us were forced out because of Affirmative Action.

Renting in some ways is better than buying. I've done both. Both have their goods and bads. With renting, you get more for your money. My previous complex has 2 swimming pools, jacuzzi, exercise room, tennis courts, basketball court, clubhouse, computer room, walking trails, recreation barbeque area, etc) You get free maintenance & repairs. Refrigerator goes bad, they give you a new one. AC konks out they fix it, or replace it.

If your friend wants to sell those guitars, I might be interested to buy them. I played in a rock band for 9 years, and I teach the guitar now (also violin & mandolin).

 

[protectionist]

Why are conservatives so ignorant about supply and demand when it comes to housing costs?

You got something to say ? Doesn't cost anything to say it.

 

[protectionist]

Gas is about $3.50 a gallon in Chicago today.
What happens to the supply if the government said they could only charge $1?

I wonder why you keep introducing hypotheticals unrelated to the topic, Mr Supply ?
If the govt said they could only charge $3/gallon and no more, what would happen to the supply is > Nothing.

 

[Mr Natural]

You got something to say ? Doesn't cost anything to say it.

OK, now pay attention.

The reason why rent is higher in Tampa is because people want to live there and are willing to pay for the privilege.

I’m sure you could find some place to live in Nowheresville USA if low rent is all you care about.

Of course, like everything else in life, you get what you pay for.

 

[Toddsterpatriot]

I wonder why you keep introducing hypotheticals unrelated to the topic, Mr Supply ?
If the govt said they could only charge $3/gallon and no more, what would happen to the supply is > Nothing.

I'm testing your economics knowledge.

So far......you've got a D-

If the govt said they could only charge $3/gallon and no more, what would happen to the supply is > Nothing.

And at $1?

 

[protectionist]

See Post #408. It will explain your ignorance.

There have been a lot of really dumb posts in this thread, but your post # 408, is beyond that, and deep into the IDIOTIC level.

1...Rent control in Florida now is not "robbing from legitimate property owners". It is he prevention of robbing from legitimate renters, by THIEVING/PREDATORY, lowlife landlords.

2. Of course there is justification for trying to force a legal property owner to charge a lower price, because the MUCH higher price is an INCREASE of 50-100%, and that is absurd. In addition, with sudden changes to these MUCH larger increases, that havent been seen before, and are unexpected, millions of people are unprepared to pay such large increases, and you have them being forced out of their HOMES (#1 element of human survival). This simply is too unfair, too nasty, and too undesirable a thing for society to accept.

3. As for the supply & demand aspect, the people "willing to pay that rent" are largely Biden's migrants, being dumped into the Tampa Bay area, for the purpose of adding VOTES for Biden, and turning Florida from a red state into a blue state. So all the support of the predator landlords, is support for that. Sick.