Current Events > RENT should be tied to MINIMUM WAGE

(+) Yeah! (+)

The maximum you should be allowed to charge for renting a 1-bedroom space should be 25% of a month's pay in minimum wage.

40 * 7.25 = 290 maximum you are allowed to charge by law.

Additional bedrooms can add up to 20 hours of minimum wage pay (half again as much)

435 for a 2-bedroom. 580 for a 3-bedroom, and so on.

If minimum wage is higher in your state, the calculations would scale accordingly.

If you don't like it, get a roommate!
Or better yet......GET ANOTHER JOB!!!!!!!!!!!?

God I wish I could find a 3 bed for $580

It would be a start.

I like all the right-wing landlords that don't have a problem cashing the government check from their tenents on government assistants.

It's bizarre how fantasistical and out of touch CE is when it comes to this subject. But a lot of the users here make under $29K a year and still live at home, so I guess it makes sense. Rent is unfairly high though, I agree on that part of the subject.

yea that'll work
everyone will just rent in the good areas.

abolish landlords and only have government housing

PrsdntHeidecker posted...

It's bizarre how fantasistical and out of touch CE is when it comes to this subject. But a lot of the users here make under $29K a year and still live at home, so I guess it makes sense. Rent is unfairly high though, I agree on that part of the subject.

There shouldn't be a minimum wage/any government welfare/rent control/public housing and prices for rent as well as everything else would go down, and there would be job opportunities for anybody. The economic system we have is not good as you see right now. You have interest rates at 0%, the federal reserve monetizing the debt to fund our domestic welfare and our military empire. The result is inflation that is incredibly high, probably the worse in US history.

People don't care about big government, but as government grows, the more it makes us poorer. And it's an economic system that benefits the rich and well to do, that's the irony. And our educational system, just abolish the damn thing.

PrsdntHeidecker posted...

It's bizarre how fantasistical and out of touch CE is when it comes to this subject. But a lot of the users here make under $29K a year and still live at home, so I guess it makes sense. Rent is unfairly high though, I agree on that part of the subject.

https://gamefaqs.gamespot.com/a/user_image/8/3/6/AASdu0AAA4mc.jpg

This would make sense if all jobs only paid minwage.

But think of the poor landlords!

Dakimakura posted...

abolish landlords and only have government housing

"We've determined that the senator's third cousin needs this unit by the bus stop more than you, so you've been reassigned to a unit the other side of town, next to the mercury foundry. The rent remains the same, though."

Questionmarktarius posted...

"We've determined that the senator's third cousin needs this unit by the bus stop more than you, so you've been reassigned to a unit the other side of town, next to the mercury foundry. The rent remains the same, though."

I know the point you're trying to make but idk if that's worse or "I'm raising rent again this year idc you haven't gotten a raise in three years lol get fucked"

King0fSTL posted...

I know the point you're trying to make but idk if that's worse or "I'm raising rent again this year idc you haven't gotten a raise in three years lol get fucked"

That's fair worse than getting your rent raised.

Robot2600 posted...

The maximum you should be allowed to charge for renting a 1-bedroom space should be 25% of a month's pay in minimum wage.

40 * 7.25 = 290 maximum you are allowed to charge by law.

Additional bedrooms can add up to 20 hours of minimum wage pay (half again as much)

435 for a 2-bedroom. 580 for a 3-bedroom, and so on.

If minimum wage is higher in your state, the calculations would scale accordingly.

Never gonna happen in a capitalist society.

Also, your calculations are factually off. 4.3 weeks in a month.

Questionmarktarius posted...

"We've determined that the senator's third cousin needs this unit by the bus stop more than you, so you've been reassigned to a unit the other side of town, next to the mercury foundry. The rent remains the same, though."

Under our current system everyone gets to choose exactly where they live which is very nice.

https://gamefaqs.gamespot.com/a/user_image/8/2/9/AAeEQXAACxNF.jpg

Yes let's give landlords a good reason to never rent to poor people

rexcrk posted...

https://gamefaqs.gamespot.com/a/user_image/8/3/6/AASdu0AAA4mc.jpg

Shouldn't say it because doesn't it actually make the case that people get screwed on mimum wage more persuasive and not less?

"You guys are just mad it's hard to get your own place on mimum wage because you're on minimum wage and can't get your own place, checkmate ce liberals"

Webbernet posted...

Shouldn't say it because doesn't it actually make the case that people get screwed on mimum wage more persuasive and not less?

"You guys are just mad it's hard to get your own place on mimum wage because you're on minimum wage and can't get your own place, checkmate ce liberals"

Yeah its like saying, Look at those starving people over there whining about the lack of food. How out of touch.

I wonder how much a building has to cost to sustain on that much

i'm fortunate i pay a reasonable amount in rent.
though i help in other areas (making sure the dog is fed, paying the electric/phone bill).

Very little should be tied to minimum wage.

Shablagoo posted...

Under our current system everyone gets to choose exactly where they live which is very nice.

You can. It's just that the "nice" places cost more.
However, that place by the mercury foundry may not exist.

ModLogic posted...

yea that'll work
everyone will just rent in the good areas.

Only those with connections to the landlords will get those places. Or people able to bribe them under the table.

Though I am curious what effect it would have on which areas are the bad areas if everywhere is the same price

NO

Rent should be tied to THE LANDLORDS MONTHLY AUTO LOAN PAYMENT

owning 3 audis isn't gonna pay for itself!!!

Fuck no.

Can't afford it? Stay at home with your parents. Your financial struggles are not our problem.

My one bedroom apartment is fucking absurdly expensive. I'm paying a mortgage for no equity. But the housing market is nuts and my wife lost her job so we're stuck

Bill gates and joe bezos disagree

State wide rental control on all rentals would make me nut ngl.

Landlords provide shelter like scalpers provide graphics cards

Vicious_Dios posted...

Fuck no.

Can't afford it? Stay at home with your parents. Your financial struggles are not our problem.

Actually, they kinda are.

But this requires a nuanced understanding of economics.

theAteam posted...

Only those with connections to the landlords will get those places. Or people able to bribe them under the table.

Though I am curious what effect it would have on which areas are the bad areas if everywhere is the same price

Pretty much any and all on or near the beach, downtown areas, lakefront, mountainside, major businesses, entertainment, store conveniences, local transits or etc.

Why isn't this all common knowledge?

If this were to happen, I wonder if that would end up with less/no landlords in turn flooding the market with cheap houses or land for sale. Then nobody would rent anymore because it is not worth it as a landlord and houses are cheap as a normal person.

samurai bandit posted...

If this were to happen

Condos. Condos everywhere.
Then, the complaint changes from "high rent" to "bullshit assessments", and all we'll get out of that is buildings falling over.

The basic problem with rent control is that its attacking the problem from the wrong direction. The rent goes up when the demand for places to rent exceeds the supply. If you cap the rent then people that have an apartment will be happy for a while but the actual problem of there not being enough housing will get steadily worse because private investors will stop building apartment complexes.

Which leads you to ask "well why can't we just have the government build apartment complexes?" which leads us back to the disaster of urban housing projects that were built in the decades after WW2 and mostly torn down within a generation of being built because they turned into hell holes.

Robot2600 posted...

The maximum you should be allowed to charge for renting a 1-bedroom space should be 25% of a month's pay in minimum wage.

40 * 7.25 = 290 maximum you are allowed to charge by law.

Additional bedrooms can add up to 20 hours of minimum wage pay (half again as much)

435 for a 2-bedroom. 580 for a 3-bedroom, and so on.

If minimum wage is higher in your state, the calculations would scale accordingly.

They do. It's called HUD housing.

Vicious_Dios posted...

Fuck no.

Can't afford it? Stay at home with your parents. Your financial struggles are not our problem.

Hey Kids. It's time for the word of the day! Being concerned about issues that affect people who aren't you is known as empathy. Can you say empathy?

Landlording is just scalping but for housing.

Webbernet posted...

Hey Kids. It's time for the word of the day! Being concerned about issues that affect people who aren't you is known as empathy. Can you say empathy?

That alone doesn't change nor help their shituation any.

Vicious_Dios posted...

That alone doesn't change nor help their shituation any.

It's funny, gamefaqs seems to struggle with the unicode here. It isn't folding these two codepoints properly.

gg wp gamefaqs

muh unicode

How about abolished, with property seizures for those who resist?

MutantJohn posted...

It's funny, gamefaqs seems to struggle with the unicode here. It isn't folding these two codepoints properly.

gg wp gamefaqs

muh unicode

It didnt always do that, it started happening with one of the runs of site changes that theyve been rolling out.

Vicious_Dios posted...

That alone doesn't change nor help their shituation any.

Correct, that is why human societies have historically pooled their resources for the good of their fellow man.

Shablagoo posted...

Correct, that is why human societies have historically pooled their resources for the good of their fellow man.

Being self-sufficient without waiting for some pity hand-outs also helps too, so.....

*Shrug*

Rent is already a ridiculous play, now you want to pay the actors minimum wage?

Vicious_Dios posted...

Being self-sufficient without waiting for some pity hand-outs also helps too, so.....

*Shrug*

Self-sufficient isnt really a thing. We all rely on hundreds of thousands of people every day to live the lifestyles we do.

Also, rent is market failure. Someone is being paid money without producing anything.

Robot2600 posted...

The maximum you should be allowed to charge for renting a 1-bedroom space should be 25% of a month's pay in minimum wage.

so if that is a luxury 1-bedroom with granite countertops, ultra fancy appliances, decked out with ammenities, you're saying the landlord shouldn't be allowed to charge more than some maximum? the price of rent for that "luxury" apartment in the heart of downtown should be the same as the rent in a shit hole in the ghetto?

i appreciate the intent of your idea but this is not how to achieve it. we just need more government owned housing.

Housing will never be affordable

landlords should not exist. having somewhere to live is a basic necessity
someone has to do the menial, low skill jobs so "just get a better job" is not a solution.
if you are pro-landlord you are anti-human life