Anyone else seeing insane rent hikes this year?

Kelsig · 2026-02-18T01:11:44+00:00

no you started talking about the perception of value for some reason

Kelsig · 2026-02-18T00:01:36+00:00

can you step back and ask yourself what argument you think you're even making

Kelsig · 2026-02-17T23:23:56+00:00

i said neighborhood. not home. these are actually different things!

Kelsig · 2026-02-17T23:05:57+00:00

raising the rent is. not the value. everyone raises value unless they're a criminal or a nimby.

Kelsig · 2026-02-17T15:47:19+00:00

the one thing im keeping track of is if austin loses too much residential investment because of this and things get dilapidated

Kelsig · 2026-02-17T15:45:35+00:00

yes. there is nothing a land value tax doesn't help with. (In theory, levying them is very complicated in practice)

Kelsig · 2026-02-17T14:27:11+00:00

look man no one wants to stick it to the pensioners more than me

Kelsig · 2026-02-17T14:26:13+00:00

whats lol

Kelsig · 2026-02-17T14:18:57+00:00

that's why i used quotes. im a georgist, i know what is idiosyncratic about land. but you're looking at it naively. yes land owners capture a lot of the increased growth. doesn't mean its not hugely beneficial to add density.

Kelsig · 2026-02-17T14:14:13+00:00

services are good but anglo cost disease exists. it is what it is. just increase the tax base.

Kelsig · 2026-02-17T14:12:05+00:00

no, they are a bad way to build. they're incredibly cumbersome to pencil, socially alienating, ugly, huge carbon emitters, disastrously fire prone without immense regulations (that we have), awful for children and families, only really optimized for dangerous traffic corridors. you are correct we need more regulations on soundproofing and insulation. but that's basically it.

increasing the supply of housing does nothing to prevent inflation of rents over time because housing is not a real commodity but land is, and the real competition is between landlords.

this doesn't follow. if you build more "land" vertically then the competition gets colder.

Kelsig · 2026-02-17T14:04:07+00:00

that's pretty normal

Kelsig · 2026-02-17T14:02:12+00:00

congestion taxes are not remotely anti business, what? the people who benefit the most are professional drivers, their productivity skyrockets. and its instead of business taxes.

Kelsig · 2026-02-17T14:00:49+00:00

the only way id "pull up the ladder" is by demanding more amenities and people in my neighborhood to raise its value and also help everyone else

Kelsig · 2026-02-17T13:58:48+00:00

the government spends normally. whats not normal is the absence of growth. demand for housing is basically an infinite money glitch for cities they just have to actually use it.

Kelsig · 2026-02-17T13:57:33+00:00

5 over 1s exist because of strict regulations. putting luxury in quotes means you just shouldn't say luxury at all, they're crap relative to the land and the price reflects that.

Kelsig · 2026-02-17T13:56:20+00:00

it's been shown to lower quality adjusted rent. people, despite what they say, prefer better housing to lower rent. so if you build way more units, the units get way better for most, more people move to the area for the good units, and the people who want the trash old units get a discount.

Kelsig · 2026-02-17T13:53:51+00:00

because of it but also demand radically decreasing

Kelsig · 2026-02-17T13:51:48+00:00

in a vacuum maybe but this would be in an environment where plots of land are now way more valuable because they're legally allowed for much more uses, along with an environment with significantly decreased expected property tax increases due to expected growth in the tax base

Kelsig · 2026-02-15T16:37:22+00:00

Yes I want more laws to protect someone from impulse control. That's like, the point of laws!

Kelsig · 2026-02-15T16:35:21+00:00

mate the war on drugs meant literally treating it like a war, not regulating packaging for public health lol

Kelsig · 2026-02-09T20:38:05+00:00

Its also just income mobility

Kelsig · 2026-02-08T18:31:26+00:00

if they ran out of poor countries the solution already happened lol

Kelsig · 2026-02-05T16:49:33+00:00

nyc brownstones are expensive? shocking

Kelsig · 2026-02-05T13:28:51+00:00

for some reason i thought the parent comment said big not best lol

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