There need to be apartment building co-ops.
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Build more housing.
Most cities are regulated to prevent more housing being built. You should definitely read on the works of Strong Towns, and similar groups, and how you can help change the landscape of your city
Their website is great and has a ton of details https://www.strongtowns.org/
Doesn't work if landlords just buy that too.
Needs proper regulation
You're wrong, building more housing is THE solution. The vast majority of homes are owned by people who live in them, not landlords. Building more housing is literally the ONLY solution.
That entirely depends on where you live.
Your statement that the vast majority of homes are owned by the residents is not true where I live.
Blanket policies don't work, governments need to implement regulation that recognises the nuance of different markets.
But also yes, build more homes too
Build more homes. A lot of housing regulations tend to make things worse
I use these memes to gradually radicalize my friends and family 👍
"It's the market" is another way of saying "because I can".
They don't have to raise the rent to match the market, the market is simply a signal to them that if they lost you by raising the rent, they could potentially replace you for the same or higher rent.
They could ignore that and leave your rent alone. They don't. It's a choice.
Abolish Capitalism When?
The core problem is capitalism, landlording is merely a symptom of capitalism.
capitalism is the idea that value comes from ownership, rather than labor. landlording is just the purest expression of capitalism.
That's not really true, per Smithian capitalism but Smith also called landlords parasites so
uh huh. I think the value of stuff should go to the people who made it, who can, individually or as (a) group(s) maintain their own fucking tools. or towards a broader project of building a society. I don't think concentrating wealth or some edgelord bullshit about greed being good are sustainable healthy or sane ways to structure distribution of resources in a society.
This.
Have you ever, in your life, received a rent decrease because they were matching the economic conditions...?
The only reason rent would decrease in response to economic conditions would be if they started building tons and tons of houses and supply began to outpace demand. OR, your country were experiencing deflation, which is bad
The only way I got that to happen is by putting in my two-month notice and then signing up for the exact same unit when they listed it. Didn't even have to moveout and they ended up charging us the lower rate for the two weeks between our current lease ending and the new one starting.
Were you pretty sure the price would go down, or did you just roll the dice? I've watched prices at the places I've lived, and they only ever seem to go up. As in, I'm paying $1600, about to get raised to $1800, and the unit next door is listed for $1900. But one place used RealPage, and I would bet the other one used something like that too.
They had already went down by $400 for other units at the same apartment on the same floor. This was 2020, so covid lowered a lot of prices
Big brain
Housing price didn't ever go down in most cases because of hoarding, there's no way leeches will ever decrease the rent.
No, it's because of a lack of new supply. Most houses are owned by the people who live in them, not land lords
Property tax needs to go up exponentially with the quantity that you own
They could also tie it to occupancy. If a functional residence goes more than half the year without someone living in it, property tax is quintupled.
There’s danger to writing such a law correctly, unfortunately. I recall something in Ecuador where people were leaving extensions to their home just barely unfinished so that they could avoid certain residence laws until they had a buyer.
And companies own, or even better that better have some good reasoning for buying a property that's for living.
With an exemption for the first 5 years after building. Companies and investors need to be incentivised to build property not hold onto it.
The incentive to build new housing is to then turn around and sell that housing, they don't need an incentive, they need permission.
I wish something could be done about this.
If only a hero could rise up..
I mean, every year my rent increases and my pay doesn’t (not every year). So every year I have less to spend each month.
The thing that pisses me off is that I’m not Asking to be able to afford a house. I already gave up on that a long time ago. I’m only asking to be able to stay at a place that I’ve been living in for 10 years. And by the way, moving is also super expensive. On top of that, let’s say I did move to a place where the rent is cheaper initially, the rent is gonna be increasing every year there too.
I’m just trying to live a stable, modest life without having a panic attack every time I see her, no tape to my door (which usually signifies a rent increase notification).
I really wish something could be done about this.
I’m fully with you. I just want to have a roof over my head, have some time for hobbies, and be able to afford cheese at the supermarket. Alas, apparently we’re asking for too much! How very selfish of us.
I would also like to add that I earn above a minimum wage. It’s by no means a stellar income, but it’s decent. On top of that, live with my mom, so we split the rent! And somehow I’m here stressing over whether I’ll be able to afford my place of residence a few years from now. This is not okay. I really want there to be some change, but I don’t know what can be done.
They actively colluded through price-fixing software, and very little is done about it.
Lina Khans FTC sued them, but you can bet that will be quietly dropped soon.
Lol my landlord literally told me that
Look, what I’d say to you is, that we are laser focussed on delivering outcomes that synergise with our plan to get on with undoing the housing crisis the Labour created.
Wait? There's NZ memes /community here?
Also peak meme!
I was about to say, that landlord looks super familiar
Some townships and counties have strict regulations and housing authorities which make coops and communal housing difficult, rarely intentionally but often as a result of requiring liability and responsibility for repairs and outcomes.
That said, there is a big push in a lot of cities such as Denver which is allowing more options.
One thing to be wary about is that depending on the structure of the commune/cooperative it might be indistinguishable from an HOA or a Condo.