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this post was submitted on 09 Jun 2024
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A 3% cap is absurdly low. While people are saying "don't threaten me with a good time," this also means there are going to be fewer new units. Although considering how few units many CA cities have been adding (some have even removed units), it might not have too much of an effect on that regard. I would could see maintenance on existing units dropping and many more unofficial units popping up.
Fewer units, but more home ownership.
We don't want to be a nation of renters. It's not good for society; it's only good for a minority of individuals.
And fewer new units? Where are you pulling that from? It just means developers will be building for home owners, not renters. Like they did back in the Good Old Days, when young people could actually realistically consider buying a home someday. You know, re-creating the conditions that the younger generations are always bitching about that boomers had which aren't available anymore. Back when not all the land was owned by a few giant corporations.
Fuck renters. Fuck them right in the ear. They can all go eat a dick.
Disclaimer: I've owned every house I've lived in since 1998, and even with that collateral, every purchase has gotten harder to find and more expensive. So much of America is owned by property developers, it's disgusting.
Fuck. Renters.
You...blame the people who can't afford to own for renting and also blame that same situation for making it harder for you to buy? You seem to be missing the point here.
Not sure how their unhinged comment is being upvoted.
It's not my fault the stupid word means both people renting, and the owners who rent the place out. I'd hoped the context would have made it clear to which I was referring, in each use.
Lol I've never in my life heard a landlord referred to as a renter. It's a funny situation but I have to say this ones on you :p