Doesn’t matter what the rent is if you aren’t allowed to evict for non-payment.
Biden’s solution to high rent and homelessness: bring in 3 million illegal aliens to compete for entry-level housing.
Good! Let the people understand what they asked for.
It’s so people will demand rent subsidies.
Landlords haven’t been paid in two years so they have to make it up with higher rents. Of course, when landlords get caught up, those high rents aren’t going to come down.
Never. He has 3 or 4, former Blackrock executives working in his administration. Blackrock is one of the funds that have been snatching up homes all over the country and making them all rentals. Never ending supply of money and you can’t do anything about it.
Years ago, I was a security contractor in Iraq, for the US government. All the companies were privately owned. There were quite a few, fly by night ones, but if you got in with one of the big ones, you were good to go. Good money. Stable work. Decent facilities and they treated you well.
Then the equity firms and hedge funds started buying everything up. Making offers no one could refuse. As you can imagine, the first thing these firms do is start cutting to figure out where they can cut overhead, still charge the same and make more money. And they get to tap into government contracts, worth billions in an industry not one of them understands and start making money. And when things get tight or the talent pool starts to get a little shallow, they run to the government and beg for help. When they do that, they say that the standards have to be changed(lowered) because they can’t find anymore qualified people(at the price they’re willing to pay).
Anywho...as usual there’s a simple fix, but the puppets in government, at every level, will never allow it. They’re too busy making money and screwing the people over.
That's exactly what all Democrat/RINO politicians want. They won't be honest about it and come clean ... but it's what they want. Higher and higher inflation, cheaper and cheaper dollars, making the population more and more desperate, begging those Democrat/RINO politicians for more and more government "help." And of course, the Democrat/RINO politicans will gladly respond by promising to do even more wasteful, out-of-control spending to "help" the population (but only if you reelect them). In politics, everything is always all about getting reelected and maintaining a stranglehold on political power. I think almost everyone on this forum knows all of this very well so this is just intended for the rare few who still aren't fully aware of it.
It's just what Democrat/RINO politicians do. It's what they always do and will always do in the future ... thus "Rents reaching 'insane' levels across the country with no end in sight" ...
Lots of little landlords decided they wanted out.
This is what happens when everything is owned by the big boys.
Enjoy.
This is an important issue which is part of the global reset.
For this moment now, this is later but not too long out.
“So, when is Biden going to step in and take over properties so everyone will have a place to live?” That happens and we’re into Dr. Zhivago territory.
“””So, when is Biden going to step in and take over properties so everyone will have a place to live?”””
The 32 year old snowflake mentioned in this story probably wants Biden to forgive her $300,000 student loan first.
And then our dear snowflake wants Biden to build a bunch of Section 8 apartments.
You know, it’s that equity thing we deplorables just need to quit fighting and embrace.
obviously these people are living in areas they can no longer afford and need to move to somewhere more affordable outside of the large city.
I see this story was written by Biden’s Associated Press
by: The Associated Press via Nexstar Media Wire
And soon there will be “free” rent, “free” apartments, “free” houses, paid for by those who still have jobs.
They are taking full advantage of the crisis they have generated to turn this country communist.
Not to worry.
Joe is blocking all evictions and your taxes are paying for rent-free apartments.
Feds providing $25 billion in pandemic rental aid: Here’s how to apply
By Khristopher J. Brooks
January 26, 2021 / 7:09 AM / MoneyWatch
https://www.cbsnews.com/news/rental-assistance-25-billion-covid-relief/
“ It was all part of being a 32-year-old graduate student in South Florida, she reasoned, and she was happy to live there for a few more years as she finished her marketing degree.“
And did we learn anything about marketing honey?
They pretty much reflect our actual inflation rate, which is approximately 20% a year.
Of course, our waving in millions of illegals every year from our Southern border puts even more pressure on rental markets as well.
“$1,550 to $1,950, “
tHAT’S “NORMAL” here in Hollywood. So many moving trucks for tenants moving out, not in. The important note here is that there has been a FREEZE on increase since China virus appeared 2020. Moving out right now/this year has it’s drawbacks.