Republican or Democrat: Express your OUTRAGE about this >>

[martybegan]

You should because you may need those payments yourself, sooner or later. Lots of people say no to that. In time, they find out different.

Again, I contributed to my retirement. if the 401k system fails, then it's time to go the barricades anyway.

 

[protectionist]

Face facts: the government just cannot afford to pay you enough to offset all of the inflation they've caused.

The inflation I'm talking about (rental housing) isn't caused by the government It's caused by greedy landlords. If the current situation is allowed to go on unchecked & out of control, the only housing that will be available will be available to rich people. And for many people that is already the case.

Your post is a prime indication that the better solution is not raising Social Security to match up with skyrocketed rents, but rather to limit rents from skyrocketing,

 

[protectionist]

Again, I contributed to my retirement. if the 401k system fails, then it's time to go the barricades anyway.

Barricades ? .......?????

 

[martybegan]

The inflation I'm talking about (rental housing) isn't caused by the government It's caused by greedy landlords. If the current situation is allowed to go on unchecked & out of control, the only housing that will be available will be available to rich people. And for many people that is already the case.

Your post is a prime indication that the better solution is not raising Social Security to match up with skyrocketed rents, but rather to limit rents from skyrocketing,

it's always someone else's fault.

 

[martybegan]

Barricades ? .......?????

Aux barricades! France’s long history of revolt

The tumult following the 1830 revolution was immortalised in Victor Hugo’s “Les Misérables,” a classic of French literature and one of the most famous musicals of all time, which culminates in a confrontation on the barricades during the 1832 Paris Uprising.

 

[protectionist]

When you control one portion of a market to create below market costs, you inflate the costs of the rest of the market.

There are various perceptions of exactly what is a "market"

To your here, post allow me to present an example - when you allow one portion of an economy to create waaaaay above markets costs, you take away what the other (much larger) portion of the economy needs to sustain itself.
(Example : Sam Ash Music - largest & most successful nationwide musical instrument company in America.
Started up - 1924. Went out of business - 2024).

 

[martybegan]

There are various perceptions of exactly what is a "market"

To your here, post allow me to present an example - when you allow one portion of an economy to create waaaaay above markets costs, you take away what the other (much larger) portion of the economy needs to sustain itself.
(Example : Sam Ash Music - largest & most successful nationwide musical instrument company in America.
Started up - 1924. Went out of business - 2024).

things WAAAY above market costs won't be sold or occupied.

 

[toobfreak]

The inflation I'm talking about (rental housing) isn't caused by the government It's caused by greedy landlords. If the current situation is allowed to go on unchecked & out of control, the only housing that will be available will be available to rich people. And for many people that is already the case.

Your post is a prime indication that the better solution is not raising Social Security to match up with skyrocketed rents, but rather to limit rents from skyrocketing,

I thought there was an effort under way to address that and limit rental increases. I've heard some people have doubled and tripled their rent.

 

[protectionist]

it's always someone else's fault.

Not always, but very often.

 

[protectionist]

things WAAAY above market costs won't be sold or occupied.

But for absolute necessities (housing, gas, food) prices can be raised very high, while still maintaining sales. Not the case with non-essentials (like the Sam Ash example in Post # 46).

 

[martybegan]

But for absolute necessities (housing, gas, food) prices can be raised very high, while still maintaining sales. Not the case with non-essentials (like the Sam Ash example in Post # 46).

So others need to operate at a loss to cover your needs?

 

[protectionist]

I thought there was an effort under way to address that and limit rental increases. I've heard some people have doubled and tripled their rent.

I see zero effort to limit rent increases, or even any talk about it. A few years ago a 1 bdrm apt was common at about $700/month.
Now ? $2000-$3000/month and still skyrocketing.

 

[protectionist]

So others need to operate at a loss to cover your needs?

HA HA HA.
So you think landlords renting 1 bdrm apartments at 3, 4, or even 5 times what they were just 4 years ago, "need" (your word not mine) that much money to operate ?

Interested in a bridge in Brooklyn ?

Like I said, this isn't a discussion about reasonable rent increases, OK ?

 

[protectionist]

Aux barricades! France’s long history of revolt

As for revolting, one of the most amazing things about our recent economics, is the lack of revolt among businesses, concerning the astronomical rise of housing rents, gouging the hell out of 112 American renters (who also happen to be consumers - or at least they used to be)

 

[task0778]

All these are the standard old lines spoken by (if not paid for) by landlords, and their mouthpieces. There could be 100 more posts in this thread saying the same thing, all put to rest by Post # 27, and 100 years of New York rent control behind it. Ho hum.

Which doesn't make it false. Economists say this too, it's Economics 101. Yeah, the rent doesn't go up in the controlled places but it sure as hell does in the uncontrolled ones. And if you want universal rent control, you can forget about getting enough new housing you can forget it. The profit margin won't be enough.

So what's your take on >>
1. the devastation to businesses (large & small) from skyrocketing rents ?
2. The absurd use of the false 2.8% definition of inflation (to set COLA), when it's actually 10-15% ?

My take is that rent controls will not solve the problem.

 

[Seymour Flops]

They connect by how much money is in your pocket. Major subtraction from the rent increases, together with minor additions form the SS.

But you act like somehow, the people raising your rent are the same people, not giving you more social security.

You also act like you're the only one this is happening. Working people not get monster raises during Biden's monster inflation. We either made cuts or we put in some extra over time hours as I did.

Or some of us, unfortunately, tried to float our way out of the inflation by loading up credit cards. Now the piper wants to be paid

How old are you ?

63.

I don't know what you're talking about, when you say "government home"
I also already answered your question about "need more money"

I assume that you have heard of old folks homes or senior living, or whatever the politically correct term is. Let the government build them or licensed people to develop them and accept social security as the rent and the board.

Or you could find a roommate who is also on social security and then between the two of you, you would be able to afford the rent.

If all you are going to do to better yourself is complain on a message board, you are going to be disappointed with the results.

You thinks that's news for me ? See the last paragraph of Post # 36. And bear in mind those astronomical rents are still just as astronomical as they were in 2023/2024. Haven't come down one dime.

I know you'd think the solution is to raise your social security payment. But that will only speed up the inevitable collapse of social security.

Assuming that you are about 80 or older, that would mean indulging your desire to have always the same amount of spending power at the expense of social security payments being nonexistent when I am your age.

That or print more money and add to our already crushing debt which will crush our grandchildren's future.

 

[Toddsterpatriot]

The inflation I'm talking about (rental housing) isn't caused by the government It's caused by greedy landlords. If the current situation is allowed to go on unchecked & out of control, the only housing that will be available will be available to rich people. And for many people that is already the case.

Your post is a prime indication that the better solution is not raising Social Security to match up with skyrocketed rents, but rather to limit rents from skyrocketing,

The inflation I'm talking about (rental housing) isn't caused by the government It's caused by greedy landlords.

You're lying.

 

[protectionist]

Which doesn't make it false. Economists say this too, it's Economics 101. Yeah, the rent doesn't go up in the controlled places but it sure as hell does in the uncontrolled ones. And if you want universal rent control, you can forget about getting enough new housing you can forget it. The profit margin won't be enough.

My take is that rent controls will not solve the problem.

The profit margin was enough in New York for 100 years with everything rent controlled. No, rent control will NOT solve the problem of the Biden era skyrocketed rents. Rollbacks will be needed also.

 

[protectionist]

But you act like somehow, the people raising your rent are the same people, not giving you more social security.

No, that's how you think, not how I act.

You also act like you're the only one this is happening. Working people not get monster raises during Biden's monster inflation. We either made cuts or we put in some extra over time hours as I did.

No, that's how you think, not how I act.

63.

When you get considerably older, an much deeper into social security eligibility years, you will develop a broader and gentler view of social security.

I assume that you have heard of old folks homes or senior living, or whatever the politically correct term is. Let the government build them or licensed people to develop them and accept social security as the rent and the board.

The government could build them and charge rent paid from what the seniors have.

Or you could find a roommate who is also on social security and then between the two of you, you would be able to afford the rent.

the roommate option is not an option. I would rather be forced to watch years of continuous Jimmy Kimmel videos. GAG!

If all you are going to do to better yourself is complain on a message board, you are going to be disappointed with the results.

Not posting to better myself.

I know you'd think the solution is to raise your social security payment. But that will only speed up the inevitable collapse of social security.

I have already posted that the better solution would be to limit housing rental increases, but unfortunately after 4 Biden years, the horse has already run away from the barn. We could get rollbacks though.
Whatever is to be done, we should not have 10-15% inflation in housing rents, simultaneous with a ridicuolous 2.8% COLA.

 

[task0778]

The profit margin was enough in New York for 100 years with everything rent controlled. No, rent control will NOT solve the problem of the Biden era skyrocketed rents. Rollbacks will be needed also.

You're talking about older properties that are 70-80 years old, I'm talking about investments in new properties being built now. Rent controls are gonna suppress new properties.