Current Events > LOL at California voting against rent control.

(+) Yeah! (+)

Imagine voting against your own self-interest because rich landlords payed for commercials telling you to vote no.
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Orlando_Jordan posted...

i9-9900K 5.0GHz | Gigabyte RTX 2080 Ti 11GB | MSI MPG Z390 | G.SKILL 16GB DDR4 RAM | Samsung 970 EVO 1TB SSD | Seagate 6TB HDD | Seasonic 850W Focus+ Gold

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housing should be free

ocasio cortez 2020
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With no rent control and the wildfires burning down homes, the housing crisis is worse than ever.
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Rent centrol is a bad thing.

Muffinz0rz posted...

Orlando_Jordan posted...

i9-9900K 5.0GHz | Gigabyte RTX 2080 Ti 11GB | MSI MPG Z390 | G.SKILL 16GB DDR4 RAM | Samsung 970 EVO 1TB SSD | Seagate 6TB HDD | Seasonic 850W Focus+ Gold

yeah dude, his comp blows your shitty iphone out of the water
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Rent control has been shown to be ineffective, and in fact to have the opposite effect instead of what it intends.

In fact most economists acknowledge this. Rent control is a dead concept peddled by leftists who literally don't know basic economics.

https://www.bloomberg.com/opinion/articles/2018-01-18/yup-rent-control-does-more-harm-than-good

https://www.nytimes.com/2018/10/12/business/economy/rent-control-explained.html

And yet economists from both the right and the left are in almost universal agreement that rent control makes housing problems worse in the long run.
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http://www.csuchico.edu/~jeckalbar/Econ%20103/rent%20control/How%20Rent%20Control%20Drives%20Out%20Affordable%20Housing.htm

Pay extra attention to these graphs:
http://www.csuchico.edu/~jeckalbar/Econ%20103/rent%20control/How%20Rent%20Control%20Drives%20Out%20Affordable%20Housing_files/pa-2741.gif
http://www.csuchico.edu/~jeckalbar/Econ%20103/rent%20control/How%20Rent%20Control%20Drives%20Out%20Affordable%20Housing_files/pa-2742.gif

All rent control actually accomplishes, is dividing rental units into "places you can't get" and "places you can't afford" without a hell of a lot in between.

Questionmarktarius posted...

http://www.csuchico.edu/~jeckalbar/Econ%20103/rent%20control/How%20Rent%20Control%20Drives%20Out%20Affordable%20Housing.htm

Pay extra attention to these graphs:
http://www.csuchico.edu/~jeckalbar/Econ%20103/rent%20control/How%20Rent%20Control%20Drives%20Out%20Affordable%20Housing_files/pa-2741.gif
http://www.csuchico.edu/~jeckalbar/Econ%20103/rent%20control/How%20Rent%20Control%20Drives%20Out%20Affordable%20Housing_files/pa-2742.gif

All rent control actually accomplishes, is dividing rental units into "places you can't get" and "places you can't afford" without a hell of a lot in between.

B-b-but....B-B-B-B-B-But!!!! Fuck landlords!11!!!!!
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Nice!
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FLUFFYGERM posted...

Rent control has been shown to be ineffective, and in fact to have the opposite effect instead of what it intends.

In fact most economists acknowledge this. Rent control is a dead concept peddled by leftists who literally don't know basic economics.

https://www.bloomberg.com/opinion/articles/2018-01-18/yup-rent-control-does-more-harm-than-good

https://www.nytimes.com/2018/10/12/business/economy/rent-control-explained.html

And yet economists from both the right and the left are in almost universal agreement that rent control makes housing problems worse in the long run.

What's the quick and dirty TLDR on these articles? I don't have the time at the moment to read them.
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Arcturus1121 posted...

What's the quick and dirty TLDR on these articles? I don't have the time at the moment to read them.

Rent control is bad and anyone still supporting it doesn't know basic economics/math.
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Arcturus1121 posted...

What's the quick and dirty TLDR on these articles? I don't have the time at the moment to read them.

Already covered:
All rent control actually accomplishes, is dividing rental units into "places you can't get" and "places you can't afford" without a hell of a lot in between.

Yeah rent control benefits few at the expense of the many in the long run.

Of course a lot of it comes down to what you think government should do and who it should benefit
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Muffinz0rz posted...

Orlando_Jordan posted...

i9-9900K 5.0GHz | Gigabyte RTX 2080 Ti 11GB | MSI MPG Z390 | G.SKILL 16GB DDR4 RAM | Samsung 970 EVO 1TB SSD | Seagate 6TB HDD | Seasonic 850W Focus+ Gold

Wtf is this a joke? This has to cost like 2k at least.
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Aghhh great now all those people are going to come to my state and clog it up. ughhh. "Californiaaaaa is the greatest state!!" they say.... yeahhhhh bullshit!
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Balrog0 posted...

Yeah rent control benefits few at the expense of the many in the long run.

Of course a lot of it comes down to what you think government should do and who it should benefit

Ironically it seems to benefit the largest number of people when it's doing less shit to benefit people
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FLUFFYGERM posted...

B-b-but....B-B-B-B-B-But!!!! Fuck landlords!11!!!!!

Dude, you seriously need a new move.

This makes you look like a twelve year old failing at his first "pwn."
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Typical DrizztLink. Completely ignores the high quality evidence I shared first thing and then dwells on the part of the post where I'm laughing at people who hate high quality evidence.

It's almost as if @DrizztLink is more interested in picking a bone with me rather than being impartial or something.
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DrizztLink posted...

FLUFFYGERM posted...

B-b-but....B-B-B-B-B-But!!!! Fuck landlords!11!!!!!

Dude, you seriously need a new move.

This makes you look like a twelve year old failing at his first "pwn."

Some people don't age mentally.
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AlephZero posted...

housing should be free

ocasio cortez 2020

am i going to have to update your tag from "limitless chad dick guy" to "ocasio cortez 2020 guy" now or what
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FLUFFYGERM posted...

Typical DrizztLink. Completely ignores the high quality evidence I shared first thing and then dwells on the part of the post where I'm laughing at people who hate high quality evidence.

It's almost as if @DrizztLink is more interested in picking a bone with me rather than being impartial or something.

Didn't come in this topic to argue anything, don't know anything about the subject and was looking to read up.

Just saw your post and figured I'd give you a heads up.
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Orlando_Jordan posted...

Imagine voting against your own self-interest because rich landlords payed for commercials telling you to vote no.

Exactly what the right does every voting day
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FLUFFYGERM posted...

Balrog0 posted...

Yeah rent control benefits few at the expense of the many in the long run.

Of course a lot of it comes down to what you think government should do and who it should benefit

Ironically it seems to benefit the largest number of people when it's doing less shit to benefit people

You literally just made a topic complaining about open borders and saying housing wasn't a systemic issue even though it's clearly a problem of city level government regulation in the form of zoning

Try to be consistent in this shit at least
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DrizztLink posted...

FLUFFYGERM posted...

Typical DrizztLink. Completely ignores the high quality evidence I shared first thing and then dwells on the part of the post where I'm laughing at people who hate high quality evidence.

It's almost as if @DrizztLink is more interested in picking a bone with me rather than being impartial or something.

Didn't come in this topic to argue anything, don't know anything about the subject and was looking to read up.

Just saw your post and figured I'd give you a heads up.

Thanks buddy
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Balrog0 posted...

FLUFFYGERM posted...

Balrog0 posted...

Yeah rent control benefits few at the expense of the many in the long run.

Of course a lot of it comes down to what you think government should do and who it should benefit

Ironically it seems to benefit the largest number of people when it's doing less shit to benefit people

You literally just made a topic complaining about open borders and saying housing wasn't a systemic issue even though it's clearly a problem of city level government regulation in the form of zoning

Try to be consistent in this shit at least

I'm extremely consistent. What inconsistency are you seeing?
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Immigration enforcement requires government and benefits a small number of people in a few small sectors of the labor force while harming the overall economy

Zoning and also requires government enforcement and violates basic property rights while benefiting land owners and current residents over potential new migrants. The only difference is the new migrants are more likely to be citizens. They're similar problems

How is saying those are good consistent with u saying that government is awesome when it doesn't do much to benefit people
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Don't talk shit about @DrizztLink
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Out of control immigration is bad for everyone.

What I said was that government ends up helping people more when it doesn't try to help them so much. Rent control is an example. Another example would be Obamacare which just ended up skyrocketing people's premiums. Or any other type of well-intentioned regulation that had a negative outcome.

None of that means that I want no government. Government exists for a purpose and I agree with it fulfilling its duties wrt national security, border control, private property rights, etc.
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Balrog0 posted...

How is saying those are good consistent with u saying that government is awesome when it doesn't do much to benefit people

Proud is one of those "government is awesome when it's tyrannical in my favor" people.
You really should have figured that out by now.

Questionmarktarius posted...

Balrog0 posted...

How is saying those are good consistent with u saying that government is awesome when it doesn't do much to benefit people

Proud is one of those "government is awesome when it's tyrannical in my favor" people.
You really should have figured that out by now.

I mean is it tyrannical "in my favor" if it's doing what it was intended to do all along a la the Constitution and the general charter of the American government? Preservation of national security, border control, preserving individual rights including property rights, etc.
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More like we are fucked it doesnt matter too much how you cope with it
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FLUFFYGERM posted...

Questionmarktarius posted...

Balrog0 posted...

How is saying those are good consistent with u saying that government is awesome when it doesn't do much to benefit people

Proud is one of those "government is awesome when it's tyrannical in my favor" people.
You really should have figured that out by now.

I mean is it tyrannical "in my favor" if it's doing what it was intended to do all along a la the Constitution and the general charter of the American government? Preservation of national security, border control, preserving individual rights including property rights, etc.

Immigration is harmless, in a vacuum.
Unfortunately, between a nigh welfare-state and being used as a means to undermine minimum wages (which is itself another flamewar), it's not a vacuum, particularly immigration of the "undocumented" kind.

Chain migration, however, is pretty much entirely harmless.
https://www.uscis.gov/greencard/affidavit-support

Questionmarktarius posted...

FLUFFYGERM posted...

Questionmarktarius posted...

Balrog0 posted...

How is saying those are good consistent with u saying that government is awesome when it doesn't do much to benefit people

Proud is one of those "government is awesome when it's tyrannical in my favor" people.
You really should have figured that out by now.

I mean is it tyrannical "in my favor" if it's doing what it was intended to do all along a la the Constitution and the general charter of the American government? Preservation of national security, border control, preserving individual rights including property rights, etc.

Immigration is harmless, in a vacuum.
Unfortunately, between a nigh welfare-state and being used as a means to undermine minimum wages (which is itself another flamewar), it's not a vacuum.

Right. Ultimately uncontrolled immigration benefits the politicians who promise to increase the welfare state, because they can import more voters and cement their own position.

Nothing tyrannical about acknowledging that and advocating for enforcing existing rules and being smart about how many people we let in, etc.
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FLUFFYGERM posted...

Nothing tyrannical about acknowledging that and advocating for enforcing existing rules and being smart about how many people we let in, etc.

A more efficient means would be to deal with the issue on the other side, and unwind the welfare state.

Questionmarktarius posted...

FLUFFYGERM posted...

Nothing tyrannical about acknowledging that and advocating for enforcing existing rules and being smart about how many people we let in, etc.

A more efficient means would be to deal with the issue on the other side, and unwind the welfare state.

I doubt the American army could win in a guerrilla war with the cartels.
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FLUFFYGERM posted...

Questionmarktarius posted...

FLUFFYGERM posted...

Nothing tyrannical about acknowledging that and advocating for enforcing existing rules and being smart about how many people we let in, etc.

A more efficient means would be to deal with the issue on the other side, and unwind the welfare state.

I doubt the American army could win in a guerrilla war with the cartels.

You... misinterpreted that badly.
Going back to a land of opportunity, instead of a land of food stamps, is the idea - or ideal, I dunno.

ITT: TC doesn't know what deadweight loss is.
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Rent control is one of the worst economic policies ever devised. If you want rents to be impossibly expensive to afford, especially for someone trying to relocate to a new area, then you should support rent control.
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WalkingLobsters posted...

ITT: TC doesn't know what deadweight loss is.

to be fair, I had to go look that up just now.

Stop talking about immigration. This topic is about the rent being too damn high, and people voting against their own self-interest because rich landlords paid for advertisements claiming that rent control is somehow bad for renters (it's not).
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I voted for it just fyi
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Eh, if you own something, you should be able to rent/sell it at whatever the price you damn please.
It's not like you're forcing anyone to move in.

GunmaN1905 posted...

Eh, if you own something, you should be able to rent/sell it at whatever the price you damn please.
It's not like you're forcing anyone to move in.

So you think there should be zero regulation? Are you a Trump supporter who believes big businesses and the 1% should have no taxes/regulations either?
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so New York, San Francisco and Boston are just for rich folks now? Nice.
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No, I'm not even from the US.
Businesses are a completely different thing.
This is just my view on stuff you own as an individual in general.
You should be able to set your own price.
Not everyone should be living in the most expensive cities, anyway.

FrisbeeDude posted...

so New York, San Francisco and Boston are just for rich folks now? Nice.

Rich folks and native folks that actually own their real estate.

GunmaN1905 posted...

Not everyone should be living in the most expensive cities, anyway.

The most expensive cities need waiters and garbagemen and hotel workers and janitors.
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GunmaN1905 posted...

No, I'm not even from the US.
Businesses are a completely different thing.
This is just my view on stuff you own as an individual in general.
You should be able to set your own price.
Not everyone should be living in the most expensive cities, anyway.

When every landlord only wants to rent to the people making 100K+, where are people making 20K supposed to live? What about people making 50K? There needs to be some regulation.
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Antifar posted...

GunmaN1905 posted...

Not everyone should be living in the most expensive cities, anyway.

The most expensive cities need waiters and garbagemen and hotel workers and janitors.

When they realize waiters, garbagemen and hotel workers can't afford the rent, they will either lower it or they'll have to find rich people to work as garbage men. Or they'll drown in their own shit.

Orlando_Jordan posted...

When every landlord only wants to rent to the people making 100K+, where are people making 20K supposed to live? What about people making 50K? There needs to be some regulation.

Idk how's it in the US, but people that own no real estate are usually the ones that want to move in froma a different city.