Posted on 06/18/2022 4:28:15 PM PDT by blam
I’d bet that today there would be permitting and insurance requirements to run a boardinghouse that no one in the 19th century could have imagined.
In my impecunious younger days, I had to live with quite a variety of roommates at different times. I expect to see a lot more residence-sharing and informal cooperative situations happening in the coming years.
Good point.
During the last bubble (2006) rents were cheap. I know, I was renting and it was a STEAL. That’s why I didn’t bother buying. And I would have lost my shirt had I bought.
” crushing small business owners.”
All part of Klaus’s plan announced in 2014.
https://sociable.co/government-and-policy/timeline-great-reset-agenda-event-201-pandemic-2020/
I have a single wide on five acres in the woods, now it’s nice. Tile floors, two full bathrooms and two bedrooms, kitchen and living room. Nine hundred 99 square feet. When the woman renting it moved out, I changed the rent from 675 to 850 with a double deposit and first month down. I was mobbed with people. One man offered an additional $500 to be the chosen candidate. There is nothing to rent locally. The reason is the house prices are so high landlords are selling. Many of the people who came to this property were moving because their landlord sold their unit.
I’m selling one that just came open. Bought it several years ago and probably have $60k in it. I can sell it just south of $160k. As I was working on it yesterday, people stopped by to see if it was for sale. Just damn...
Look up boarding houses and start building them. It’s a 19th century concept that worked fine for Americans.
Biden’s cure for inflation is recession.
Maybe people will have to start moving to the hood.
DW and I are retired and own a few 3 BR apartments as an inflation hedge/small business/retirement gig. We started seeing roommate situations show up 2 or 3 years ago and the trend has continued and even gotten stronger. About half of our units are rented to people in situations other than the traditional family.
I am not saying it is good bad or indifferent, just that is what is happening.
And, we are in Oregon, which has statewide rent control. Just like economic theory would tell you this has caused a huge shortage of rentals. Fortunately, the rent control is fairly toothless so far, and prices have gone up pretty rapidly also.
BUT, there is no situation that a RAT politician can not make worse and I am anticipating much more stringent rent control in the future.
Yes, but this problem was years in the making. You have city and state officials who are buying into rent control and green energy practices which makes building an apartment complex a non-starter. Then they demonize landlords and won't allow them to kick out tenants.
So landlords just let their properties go to ruin.
Several things to stop this:
- Abolish HUD and Section 8 housing
- Abolish all green energy or smart energy rules for new housing
- Abolish rent control laws, which actually make the problem worse. Housing is not a Constitutional right.
- Streamline building codes and permits. If someone wants to live in a 300-ft studio apartment, friggin' let them. It's much better than sleeping in a tent on the street.
“Liberal governors and liberal mayors own the damage from the Covid shut downs 90%. Trump, 10%.”
Well said! I live ONE county over from Dane County, WI, our ‘Seat of Government’ and home to everything WRONG with my BEAUTIFUL state!
My county had a tiny number of Covid-BS19 ‘deaths’ from this and we were pretty much Open For Business the entire time.
That virus is so smart! It can see County Lines and it goes to those counties where all the Socialists live! Fitting, IMHO. ;)
And if Pres Trump had “ignored the science” they would have prosecuted him for murder.
Hindsight is definitely 20/20 with that comment.
At the time, Fauci and his masters legitimately had the world skating in their shorts.
Pres Trump had actual, frontline doctors at the White House and the media tore him apart and made them all sound like witch doctors. They painted him into a corner.
You can also thank the open southern border. Where do you think all those people are gonna live. It’s like adding another San Diego to the US every year. They rent 3 bedroom houses and move 5 families in. You can drive around San Jose on garbage day and easily tell by the overflowing cans where it’s going on.
The owners of rental property have to make up the illegal blocking of collecting rent that the states and feds did.
Those that did not pay got away with stealing while those that did pay will see increased rent payments.
Abolish all militantly pro tenant laws. To get an example of the craziness that is being passed against private property rights, look up “Landlord and Real Estate News” channel on Youtube.
My niche here in upstate NY is to rent to single people, older ladies and young couples just starting out. I often have one person in a two bedroom and two people in a 3 bedrm. Saves on wear and tear.
Trump didn’t want to shut down the country but was pretty much forced by Dems and our own party due to it being an election year and they didn’t want the optics of GOP and President killed people, etc.
Sweden never locked down but did tell elderly folks to try and stay home. They took a death hit in beginning of COVID, but afterwards they were fine and didn’t suffer much economically.
Home owners insurance has gone up as well due to cost of replacement materials.
The housing crisis will affect many.
Young couples unable to purchase a home.
Renters unable to afford rent as the rates increase, yet wages stagnate.
Increased homelessness for working individuals, who will resort to living in cars, trucks and campers. This is currently seen on the left coast, where rent and home prices are simply not affordable, and unavailable.
Young couples having to live with parents, just to get by.
I suspect we will see friends asking to move in with us because there is simply nowhere affordable to live. It may be a good idea to look at our social circles and prepare in advance for the knock on the door for the “ask”. Once they move in, unless the economy recovers they will be living with you for a long time and it will be very difficult to ask them to leave in the face of the hardship.
...that is all
Rents are supposed to get really high in Atlanta. I don’t know how people afford it.
When is Biden going to send us the surplus tents and give us park permits?.
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