SeattleRain

joined 4 months ago
MODERATOR OF
[–] [email protected] -2 points 1 week ago* (last edited 1 week ago) (1 children)

They own the majority of the homes even though we have 3 generation that are of age that precede them. They voted in policies that subsidized landlords and kept young families renting. Even now they're doing nothing to mitigate this new issue they're causing other than using their tremendous economic power to protect themselves at the expense of everyone else.

[–] [email protected] 0 points 1 week ago

NGL, that looks rad.

[–] [email protected] -1 points 1 week ago (4 children)

Nah, we can blame the Boomers too. Their greed fuels this housing crisis.

 

cross-posted from: https://lemmy.ml/post/443651

Landlord arguments suck (Debunking Arguments Landlords Use to Justify Their Existence)

cross-posted from: https://lemmygrad.ml/post/363145

Let's have fun laughing at all the arguments landlords use to justify their parasitical existence. Timestamps below. Sources in the pinned comment as always.

9
US Hostels (www.businessinsider.com)
 

cross-posted from: https://lemmy.ml/post/452399

An Oregon couple breaks down how they turned their home into a bunk-bed Airbnb that brings in up to $7,000 a month and has hosted 1,300 guests from around the world

 

cross-posted from: https://slrpnk.net/post/124821

Bees unleashed in attack on deputies during eviction enforcement, Hampden County sheriff says

 

cross-posted from: https://lemmy.ml/post/606442

Housing advocates push White House, Congress for national rent control

Advocates are calling on President Joe Biden to sign an executive order that would tie yearly rent increases to inflation. This comes after the Federal Reserve further increased interest rates last week.

Brooks-Davis and Gadley joined hundreds of other tenant rights advocates in Washington, D.C. this week to urge President Biden to sign their draft executive order that would force landlords, particularly corporations and private equity firms, to hold the line on rent increases. The proposal would cap annual rent increases at 3% or 1.5 times the rate of inflation, whichever is lower, and also apply the rule to government-backed mortgages.

“We’re challenging them on every level,” Gadley said.

The White House met with members from the Homes Guarantee Campaign Monday on tenant protections and rental affordability issues.

“Renters deserve access to safe and affordable homes that allow them to remain stable,” Bush said. “It’s not enough just to have housing. You need to have stable housing. You need to not worry about tomorrow.”

 

cross-posted from: https://lemmy.ml/post/606521

Pasadena rent control advocates declare victory

Measure H ties rent hikes to a fraction of inflation and creates an independent board

The rent control measure is a first for Pasadena, an expensive city that in recent years has often been at the forefront of the region’s wider tensions over housing affordability and an even broader clash between state and local control over development decisions. Earlier this year, Mayor Victor Gordo was involved in a protracted dispute with the California attorney general related to the city’s response to the state housing law SB 9; after months of legal threats and tense discourse, the state authority ultimately recognized the city’s right to declare certain exemptions to the controversial law.

The measure, which takes the form of a new city charter amendment, is likely to apply in full to about 25,000 apartment units in the city, representing a major disruption to its rental landscape.

The measure creates a new independent rental board to oversee the program and a registry to keep track of rent-controlled apartments. For qualifying properties, it will restrict annual rent increases to three quarters of the inflation rate and implement just cause eviction protections and relocation assistance mandates.

The legislative effort was financially backed by the AIDS Healthcare Foundation and labor groups and also championed by a wide umbrella of housing and progressive groups, including the ACLU, L.A. County Democratic Party, Abundant Housing LA and the Pasadena Tenants Union.

 

cross-posted from: https://lemmy.ml/post/644763

real estate software company hid available units to constrict supply and inflate stated fair rent price calculation.

Richardson-based RealPage Is Facing a DOJ Investigation Into Its Rent Pricing Software
The real estate software company RealPage has been accused of using its rent pricing software to help landlords inflate market rents. Now it faces 11 lawsuits and an investigation by the U.S. Department of Justice.

YieldStar uses data analytics to suggest appropriate pricing based on apartment availability. But property managers can let units sit vacant and off the market, which the algorithm interprets as a supply crunch that warrants higher prices. The program allows landlords to see anonymized, aggregated data showing competitor pricing. Many property managers that use the software control thousands of apartment units in individual markets, and the ProPublica story alleges that RealPage executives and developers were aware of the impact YieldStar had on pricing.

“We are concerned that the use of this rate setting software essentially amounts to a cartel to artificially inflate rental rates in multifamily residential buildings,” said the letter, which was also signed by Sen. Richard Durbin (D-Illinois) and Sen. Cory Booker (D-New Jersey).

Citing an unnamed source, ProPublica said the matter has also renewed questions regarding the merger between RealPage and its largest competitor, Rainmaker Group, in 2017. That source said that some DOJ staff flagged the merger for further scrutiny then but were overruled by Trump appointees who chose not to challenge the merger in court.

 

cross-posted from: https://lemmy.world/post/19028335

Landlord telling people to enter the residence while I'm at work

My landlord has a storage closet in the house and he told his friend to come in today while I was at work. The front door has a deadbolt so rather than using the side door he jumped in through my bedroom window and went and got whatever from the storage and left.

My landlord texted me to tell me he was very disappointed that this is the second time in a row that I was not allowing access for his random friends and family to come over and check on the place (last time I actually was at the doctor's office when apparently his mom couldn't get in without more than 1 hours notice).

He's sending over his mother in the morning which he messaged me at 9pm. I really want to just leave the deadbolt unlocked and just call the cops and tell them she's trespassing when she shows up.

Also the icing on the cake of all of this is apparently the thing that his friend was coming to get was a gun that he was storing with my landlord because he is a prohibited possessor, not allowed to have guns because he has domestic violence charges.

[–] [email protected] 44 points 1 week ago (2 children)

Being held culpable for the brutality some powerful men wield against women because of the "patriarchy". But also being at fault when women with power exploit or abuse men.

 

cross-posted from: https://lemmy.wtf/post/10254438

Notice from landlord

[–] [email protected] 3 points 1 week ago

Yeah, being an incel isn't an ideology. It's a material condition.

[–] [email protected] 5 points 2 weeks ago

Anything juicy to share?

[–] [email protected] 1 points 2 weeks ago (1 children)

Which ever government has financing. It wouldn't be free. The gov would collect interest and make money just like any private developer. Considering this is basically how Freddie Mac already operates with Single Family Homes it's not a stretch to extend this gov financing to big multifamily projects owned by tenants.

[–] [email protected] 10 points 2 weeks ago (3 children)

If private capital won't develop homes, the government should fund the housing project of residents that want to live there.

[–] [email protected] 5 points 2 weeks ago

The Work From Home debate plays a huge role in Real Estate right now :).

[–] [email protected] 6 points 2 weeks ago

This is in Canada. They don't offer 30 year fixed mortgages generally.

[–] [email protected] 2 points 2 weeks ago

Article text posted in OP.

[–] [email protected] 5 points 2 weeks ago

Haha, this is going to be hilarious. AWS is going to crash and burn so hard. It just may trigger an exodus from could computing.

Other than time to market what real advantages does it give companies? Most companies are not Silicon Valley start ups. Been hearing more and more about companies moving things back in house and a major outage will drive that trend even more.

view more: next ›