Ficus-lovin\x27 Capybara N\x27 pals • 🌟 • 25 yrs ago
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Comments by "Ficus-lovin\x27 Capybara N\x27 pals • 🌟 • 25 yrs ago" (@YourCapybaraAmigo_17yrsago) on "Economic Hunger Games | Working From Home INCREASING Debt Amidst Rising Rent" video.
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@Mel-iy5ih hi fellow local. New study says it's the most expensive in the US comparable to incomes now. Well you don't say.
My parents are still alive and do have a home here, but they live too far out to really be manageable at the moment, plus we aren't on the best of terms right now.
It's really a mess. Not everyone can pull in a high 5 or 6 figure salary even if they're educated or skilled. Average wages may be higher than other areas, but that doesn't mean much if basic COL is just as high. And if course the politicos don't care, not in Sacramento and not in City Hall. They will take the payoffs ("contributions") from the developers and landlord lobby/real estate sector and give them free reign to set whatever rent price they choose and call it "thuh market" rate, which most people who are not yet in a position to own have no choice but to pay if they wish to have stable housing. Of course then they (corporate owners and some individual landlords) can claim bogusly "hey, it's just what thuh "market" chose, I mean WE had nothing to do with it!"
I mean come on- like most other sectors of our economy dominated by corporate interests, IT'S A RACKET.
People who live under the median income have a right to afford to live too!
So as usual everything in this gddm hyper-capitalist economy is a gouge aimed at ensuring MAXIMUM ridiculous profits for the rich. And let me be clear- I'm not saying housing has to be free, or the price of a couple of sodas and hot dog. I AM saying it should be FAIR and $2000 give or take before anything else is anything but fair.
Of course the deep pockets in the priveleged top 5% will do anything to keep the politicians from passing any hint of rent control. And then they wanna sit around and wonder WHY homelessness just seems to be getting worse every year. HINT- it's not JUST due to drug abuse or mentally illness- that's an easy copout for those with decision-making authority to pawn off the issue on those suffering from it so they don't have to do anything about it. AND supposedly LA did get a large grant to create more low-income/transitional housing for their local homeless- I wonder how quickly that was lost to corruption and mismanagement. I'm not up on the latest details of progress up there in that regard, but I've heard little has been done despite receiving significant additions of state funds over the last few years.
As for down here well, it's just wrong. Just because others who have the means to pay for extortionary rents can and will, doesn't mean we all should have to.
I'll say it again- I DON'T (usually) begrudge a landlord making SOME profit of a property they legally own IF they are fulfilling their obligations as a landlord ethically- but this has become egregious. Because of their greed, those at or below the median must be further and further squeezed, leaving barely enough for other necessary expenditures, or not enough as the case may be.
I guess some of us are just going to have to keep advocating no matter how long it takes until we get changes to the law. What other choice is there? To wait until a box goes for $3000 a month? We seem to be headed there.
Here's what I demand- corporate landlords do NOT get to set their own rent. That nonsense should end.
As long as a household can show stable income and meet any other acceptable requirements, they will only be charged a set proportion of their income to ensure they are not unfairly burdened. I want the limit at 20%. I would really prefer 15%.
If that is insufficient for a particular unit due to their mortgage, an alternative amount equal to the current mortgage plus no more than 15% can be used.
I think that's the only fair way. It covers properties under mortgage, while ensuring that everyone can afford their rent.
There are more radical proposals by others on the Left who want to see rent done away with all together which of course would be wonderful for people in our position, but I understand that it's very unlikely we will see anything like that in our lifetime. so therefore as an alternative to that I propose my system and I think it's pretty straightforward and common Sense. It's the only way that I see this working going forward.
I'm not against landlording per se, but I AM against this kind of runaway greed that turns one of our most basic needs into this highly unjust scenario where up to 60% (maybe more?) of households are increasingly rent burdened which throws their entire existence into financial insecurity, and should just one thing go wrong, as we saw with the pandemic, and it all quickly falls apart and now people are looking at eviction, bring homeless if they don't have family to fall back on, and etc.
That is not right. It is my belief that that that shouldn't to be the case.
We can ensure housing security in this country but I just don't see how it's possible without serious rent control. Even if we doubled the number of housing units on hand, which would certainly be important as there is literal lack of enough physical housing in some areas, that alone wouldn't fix the cost issue, not without govt intervention, I doubt.
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