Posted on 07/15/2024 4:13:27 PM PDT by AbolishCSEU
In the USSR over 60,000 items had the price fixed by the government, did’nt matter because you couldn’t get them anyway.
Tenth Amendment: The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.
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“Rent Control” my ass. It’s unconstitutional pure and simple and will only drive up rents because new units (I’ve built hundreds) will simply not be built. Equity partners and lenders will lock their doors!
More democratic/marxist/ communist vote buying is all this is.
Same here. I'm right where I want to be. I have too much . . stuff . to move. I'd consider moving to a very small town away from everything but then I'd be far away from everything (incl. grocery stores, medical facilities, etc . . ).
Outrageous debt forgiveness schemes have always been the hallmark of tyrants seeking to curry favor.
Deep State really hates competition, doesn’t it.
You’ll live in your Section 8.
And like it.
Best East German prefab! Strong like bull, no?
LOL I just inherited one of those from my late mother-in-law. Not too bad if the building and apartment are renovated and maintained. Just really tiny by American standards.
Anyone talented and smart enough to own 50 or more units will know exactly how to get around this, if it ever comes to pass.
“In many cases rent control appears to be the most efficient technique presently known to destroy a city—except for bombing.” - Assar Lindbeck, economist
I live on acreage mostly removed from the outside. I made the decision to live a private life in my twenties. I’m in my late sixties now. I love where I live but I hate what this state has become, a playground for the liberal elites. I was looking for property in Utah before Covid but now the prices have exploded and Utah is out of reach. Maybe in Tn or Ky I could find some private acreage and start over, but I’m not sure I can handle the humidity. It’s bad enough in VT. That’s why I was looking in the south west.
Yeah, this’ll turn out just great.
If that scumbag wants to buy votes, he should be made to do it with his own frigging money.
Carter wage and price controls.
All we need now is to surrender to Iran.
Have you already forgiven all the student loans you can, Joe, and still looking for voting blocks to buy off?
Every below rate unit will get jacked up to market rate immediately if this gets pushed further. I saw it where I lived when the town started talking about capping yearly rent increases. Nice landlords who helped their tenants afford a place to live had no choice but to dramatically raise rents to near full market or get locked in with no options to raise rents above the target number even in an emergency.
“basically my already outrageous taxes are set to increase by 50%. “
Fighting now in Congress to send a middle-class income and property taxation cap constitutional amendments to the states would add the electors of several deep blue states to Trump’s total and make Congress turn deep red come November.
[perhaps]
Federal income taxation shall be capped as follows, on personal income:
below the average yearly apartment rent in the District of Columbia, 10%,
below the median federal full-time civilian employee compensation amount, 22%,
below the average employee compensation of the 100,000 best paid federal full-time civilian employees, 30%,
below the average employee compensation of the 10,000 best paid federal full-time civilian employees, 40%.
Taxation and levies on any residential property of less than 2799 square feet of finished space shall be no higher the 2019 dollar amounts on the property, or for a newer or since resold property what a similar property in the same area would have been taxed at for 2019 if it lacked owner specific tax breaks, increased by 3% per calendar year since 2019 and by any percentage increase to its finished living space.
is he going to cap property tax hikes also? Because the property taxes on my rental property went up nearly 50% last year!
Yep, this’ll work. People who can actually afford an apartment suddenly cannot find one. Good times!
We have rentals in upstate NY. The 2019 Laws by Cuomo and Tish James were a HUGE poke in the eye for small landlords and thusly tenants. They are more tenant friendly than California as a whole and slightly less tenant friendly than in Seattle.
And now with “Good Cause” being able to be opted into by Upstate, most small landlords are selling en masse due to the fact that the TENANT now has the say so over your property and not you as the actual property owner.
“I can go along with capping yearly increases of essential items”
Then you are an idiot! Try running a business before giving politicians power to destroy your life and the lives of those around you. Maybe look at CALIFORNIA for what happens when nice government makes rules while knowing others pay the price...
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