National rent control? The usual suspects think it is a great idea. What say you?

[The Duke]

While we’re at it, why not put grocery prices on “food control”? Or gas on “fuel control”?

They tried that in the 70s and it made gas lines around the block and you could only get 1/2 a tank.

 

[Moonglow]

While we’re at it, why not put grocery prices on “food control”? Or gas on “fuel control”?

Or stop taxing food.

 

[Toddsterpatriot]

Right now those overloads are screwing the renters.

Boot 30 million illegal aliens. Rents will come down.

 

[Resnic]

It's an awesome idea..........








If you want to destroy existing housing and disincentivize future construction.

California has been working on that by slowly getting rid of single family home zoning.

What just happened with single-family zoning in California?

Gov. Gavin Newsom signed legislation that allows more than one unit to be built on lots zoned for only one. It sounds technical, but it's a major change in California housing policy. Here's what it means.

www.latimes.com

In the end they want people to rent, to live in crowded and dense areas. To rent is to live in a endless loop of working just to have a place to live, always sipping away at your finances to perpetually be paying money for something you will never own.

I used to rent then one day I said "this is stupid, I pay almost in much in rent as I do a mortgage payment". So I bought a house on a acre of land, I still pay through the nose but one day it will belong to me. A renter never owns anything.

But it goes a long with what the world economic forum wants, to us be happy by not owning a thing. Rent control will perpetuate that and will be the government putting it's foot further in the door of people's lives.

Not owning anything is slowly encroaching on our lives. Even Apple (a member of the world economic forum) is getting people used to the idea by introducing a plan to have apple users rent their phones by subscripting to hardware.

Apple Is Working on a Hardware Subscription Service for IPhones

Apple Inc. is working on a subscription service for the iPhone and other hardware products, a move that could make device ownership similar to paying a monthly app fee, according to people with knowledge of the matter.

www.bloomberg.com

In the end rent control may sound great to everyday dumb people because to them they are being taken care of but they will pay just as much but other means as renters invent new ways to get their money.

 

[The Duke]

Or stop taxing food.

There is no direct tax on food. There is tax on just about everything it takes to get it to the store, though.

 

[Independentthinker]

National rent control? The usual suspects think it is a great idea. What say you?​

Biden rolls out 'Renters Bill of Rights' as lawmakers push for federal rent control laws​

JENNIFER SCHONBERGER
January 25, 2023, 8:38 AM

[...]

Nearly 50 progressive lawmakers, including Sen. Elizabeth Warren (D-MA) and Rep. Alexandria Ocasio-Cortez (D-NY), sent a letter to Biden earlier this month urging the president to take executive action to protect tenants from rising rents.

Biden rolls out 'Renters Bill of Rights' as lawmakers push for federal rent control laws

The Biden administration on Wednesday announced new actions aimed at tackling rental affordability, which comes as some progressive lawmakers push for a national rent control plan.

www.aol.com

Would it help or exacerbate the problem?

We do need rents to be lower but we don't need decrees coming down from the government attacking landlords, especially when they took the shaft during the pandemic. Yes, we do need rents to be lowered but they need to be lowered mostly by nixing liberal policies which made the rents higher and some of that has to do with Democratic induced inflation. We also need to secure the border because with all of these people flooding into the country illegally, it forces rents higher through higher demand.

 

[AZrailwhale]

We do need rents to be lower but we don't need decrees coming down from the government attacking landlords, especially when they took the shaft during the pandemic. Yes, we do need rents to be lowered but they need to be lowered mostly by nixing liberal policies which made the rents higher and some of that has to do with Democratic induced inflation. We also need to secure the border because with all of these people flooding into the country illegally, it forces rents higher through higher demand.

The way to lower rents is to encourage people to provide rental housing. Excess supply always lowers prices.

 

[The Duke]

The way to lower rents is to encourage people to provide rental housing. Excess supply always lowers prices.

Big banks need to get kicked out of the rental business. Also local governments need to stop gouging people for renting property.

Here, the difference between homesteaded and rental property is 400% plus. The government makes more (almost double) on rentals than

the owners do, and don't ever have to fix anything. It's just free money to them but it drives up the cost of housing for everyone.

 

[g5000]

National rent control? The usual suspects think it is a great idea. What say you?​

Biden rolls out 'Renters Bill of Rights' as lawmakers push for federal rent control laws​

JENNIFER SCHONBERGER
January 25, 2023, 8:38 AM

[...]

Nearly 50 progressive lawmakers, including Sen. Elizabeth Warren (D-MA) and Rep. Alexandria Ocasio-Cortez (D-NY), sent a letter to Biden earlier this month urging the president to take executive action to protect tenants from rising rents.

Biden rolls out 'Renters Bill of Rights' as lawmakers push for federal rent control laws

The Biden administration on Wednesday announced new actions aimed at tackling rental affordability, which comes as some progressive lawmakers push for a national rent control plan.

www.aol.com

Would it help or exacerbate the problem?

"Rent control" means you can't raise rent.

What the Democrats are propounding is a law which prevents rents from being increased at exorbitant rates.

 

[g5000]

The way to lower rents is to encourage people to provide rental housing. Excess supply always lowers prices.

There is no excess supply.

We have a housing shortage.

 

[Biff_Poindexter]

Thats fine for people with enough money to BUY a fucking house.
Not everybody can afford the money it takes to get a house...............and you can thank the Demoicreeps for THAT as well!

Why don't you work harder you lazy bum

 

[Biff_Poindexter]

"Rent control" means you can't raise rent.

What the Democrats are propounding is a law which prevents rents from being increased at exorbitant rates.

They know this, they are just willfully lying about it to get their angry dopamine fix

 

[iamwhatiseem]

Landlords/banks/owners would just find other ways to charge renters for more shit.

They'd be coming out with all these "fees" and "administrative costs", and other bullshit to charge people for.

So rent control really doesn't matter, because people will get fucked over a different barrell.

The airlines did this, automakers did this, and other such companies have done this.

In the long run, you will just end up paying double.

The thread should have been closed after this post friend.

 

[AZrailwhale]

There is no excess supply.

We have a housing shortage

Correct, almost completely due to government policies that drive up costs to build housing. The government should be encouraging housing construction by tax breaks and other incentives, not discouraging it by punitive taxes and mandates that raise costs, delay construction permits and act as a DISINCENTIVE to build new rental or sale housing.

 

[AZrailwhale]

Thats fine for people with enough money to BUY a fucking house.
Not everybody can afford the money it takes to get a house...............and you can thank the Demoicreeps for THAT as well!

If you can afford rent, you can afford a mortgage.

 

[Toddsterpatriot]

"Rent control" means you can't raise rent.

What the Democrats are propounding is a law which prevents rents from being increased at exorbitant rates.

Thanks for explaining their bad idea.

 

[g5000]

Thanks for explaining their bad idea.

I predicted this outcome last September:

This is going to end very badly.

The renters are accumulating crippling debt. They are going to have to pay all that back rent sooner or later. They are going to end up homeless when the moratorium ends. The Democrats are delaying the inevitable and destroying property owners in the process. The longer this moratorium drags on, the more small business owners will be plowed under.

Individual landlords are going broke. They will go out of business and their properties are going to be hoovered up by LLCs and LLPs who will then drive up rents which the current soon-to-be homeless renters won't be able to afford.

The winners in this rolling train wreck will be rich investors.

 

[Toddsterpatriot]

I predicted this outcome last September:

Reminds me of Yogi Berra, "Rents are too high in this building, no one lives here anymore"

 

[Markle]

"Rent control" means you can't raise rent.

What the Democrats are propounding is a law which prevents rents from being increased at exorbitant rates.

You left out your source and working link.

IF that is what is proposed is true, who decides what is exorbitant?

 

[struth]

rent controls lead to ghettos