spoopy

joined 1 year ago
[–] spoopy 1 points 5 months ago

There's an average renter turnover. If the market would usually see a 5% increase yoy, and average stay us 5 years, this 3% policy means you'd have tenents "underpaying" by about 13%. So, to compensate, instead of new leases being 27% more expensive, they'll be 40% more expensive after 5 years.

The root cause of all the raising home prices and rents is always the same: nimbys and lack of housing supply. Rent control works for people who are already in a home, but makes the problem worse for everyone else (who move, or become adults, etc)

[–] spoopy 3 points 5 months ago (2 children)

The problem is raising rents are always due to lack of supply. I used to be very supportive of rent control but realized it's just a shitty band-aid on the real problem - lack of housing.

It will keep rents low for a bit, but won't fix the fundamental problem that allows high rents in the first place: and people will still struggle to find housing.

And you can bet your ass that any new will have massively increased rent or prices to compensate.

The real fix, like everywhere else, is to kick out the nimbys and allow building again

[–] spoopy 21 points 6 months ago (2 children)

Overwatch disabled doubling up well after launch, and only because they couldn't or wouldn't balance the game such that a 4 tank no DPS comp didn't utterly cheese the game.

[–] spoopy 1 points 6 months ago* (last edited 6 months ago)

that doesn't matter when they roll the national guard and start dropping bombs (which, btw, has happened before)

[–] spoopy 11 points 6 months ago (2 children)

Lookup the history of gun control in the US. Now look at how cops react to white people with guns vs black people with guns. The cops would happily use the presence of guns as an excuse to commit massacres.

[–] spoopy 11 points 7 months ago (1 children)

Niagra falls City has preemptively declared a state of emergency because of how much of a shit show this eclipse is going to be

[–] spoopy 28 points 9 months ago

The cops almost certainly don't feel anything lol. They decided it wasn't their problem.

[–] spoopy 23 points 1 year ago (1 children)

Rich generally do pretty fine for themselves when the "economy" tanks.

Just look at how much richer they got during the COVID recession lol

view more: ‹ prev next ›