charwin95
Gold Member
If your state got covered with snow every winter like many others, nobody would be visiting that state. You have the weather and some nice landscape. That's why people go there.
Compared to my state of Ohio? You have over three times our population, don't forget that.
You contribute more money not only because of your population, but your cost of living is skyrocketed like many blue states. A house you can buy here for 350K would cost somebody about 1.2 mil in your state. When people have to make a lot more money than other states to get by, of course they contribute more to the feds.
Thank you for agreeing with me.
Like I keep repeating......
Problems from other states like populations, high cost of living, high cost of properties, high cost of rentals and high cost of commodities..... Differ from states to states. Thus contributes to homelessness of Californians.
Visitors flocks to cities of Ca not only the scenic view National parks.
San F. 2018 26+ millions visitors..
Los Angeles 2018 50 millions visitors.
San Francisco Travel Reports Record Breaking Tourism Outcomes for 2017, Gives Projections for 2018
https://www.latimes.com/business/la-fi-la-tourism-record-20190115-story.html?_amp=true
Then don't you think that a help might be for these people (and everybody in that state) is to find ways to stop inflation? Passing high minimum wage laws and increasing the cost of energy is no help. Because people have to make more money to afford those costs.
As a landlord I can tell you that I've never seen the rental market this hot in my life. But where you live, the primary reason for renters is they can't afford those union made homes. Supply and demand kicks in and the cost of an apartment is two to three weeks pay.
I might agree on some of your points but MW is totally different subject here.
As far as I know like city of LA are doing their best to house these people. Like I already said 50,000 homeless people was housed last year. And still the number of homeless people increased this year.
Lots of these apartment owners, rental houses, rental rooms and rental garage are VERY greedy taking advantage of opportunities. One of my employee live in Montebello, ( Los Angeles area) detach garage, converted to studio style with his 8 yo son. Rent $1,400/month.
Wow, you want to blame the “greedy” property owners. As an example, for the Montebello area, if a house costs $625,000, after a 20% down payment of $125,000, the house payment is a mere $2356/month, property tax is $651/month, insurance is $156/month…which adds up to a mere $3163/month….not including any utilities. And of course the greedy home owner is the problem.
Democrats believe if you have something of value, you have too much. It all looks good on the outside, but on the inside is another story.
Most landlords cannot support themselves on rental property alone. The ones that do are either big corporations or people that have acquired dozens of properties and still spend 12 hours a day taking care of them.
So most real estate investment is very long term. I have plans on retiring at 62 in 3 years, and it's because of all the hard work I put into this place that may give me that opportunity.
But it came at a price. I haven't been on a vacation outside of my home in 30 years. With my vacation time from work, I spend it here catching up on things I couldn't get to before. After work today, I ate dinner, laid down for about an hour, and back to work on the apartments. Today it was killing a bees nest inside the walls of the apartments. Tomorrow (depending on what time I get home) it's an electrical problem in one of my garages.
I don't mind it and have no complaints until somebody tells me I'm greedy or I make too much from my investment.
Totally disagree. Like your homeless opinion. You make an assumptions that all states have the same problems in handling homelessness.
You make an assumptions that all property owners are the same.
That is false.
I’m not an expert of property management but I know lots of property owners.
Greedy? Yes. Some of these owners inherited from their parents a looooong time ago and 100% paid off. Five to 10 units are more than enough to cover all the expenses that you are talking about. The rest are just pure profit. They raised rent because they can. It’s not because they need the money.
Number one causes of homelessness are unaffordable housing and rents.