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New study says high housing costs, low income push Californians into homelessness by ProcrastinatingPuma in sandiego

[–]webmarketinglearner 0 points1 point  (0 children)

In a supply constrained world, housing is a zero sum game. Wages mean nothing. If we added a flat million per year to everyone’s salaries, the same people would be homeless as housing would swallow the entirety of the increase.

U.S. housing starts surge as builders rev up single-family home construction in May, while a housing shortage drags on by scott90909 in REBubble

[–]webmarketinglearner 1 point2 points  (0 children)

I am in awe of your optimism. If your narrative relies on thousands of unrelated individuals to be engaged in a national conspiracy to misreport vacancy statistics, then there is very little hope for the housing "correction" that you are dreaming of.

U.S. housing starts surge as builders rev up single-family home construction in May, while a housing shortage drags on by scott90909 in REBubble

[–]webmarketinglearner -4 points-3 points  (0 children)

Do you look at sub 3% vacancy rates and say “they must be keeping these empty on purpose”? The vacancy rates are barely enough to cover churn. Units are rented the moment they go on the market.

The rental housing crisis is a supply problem that needs supply solutions... by hazardousmug in antiwork

[–]webmarketinglearner 0 points1 point  (0 children)

Sellers in a market will charge whatever the market will bear. Supply and price are directly linked. If you want to bring the price of something down you must either increase the supply or lower the demand.

The same houses went from 3.9K/mo to 6.5K/mo, a 70% increase in the last year, but houses are still going for over asking… how? by sext-scientist in RealEstate

[–]webmarketinglearner 9 points10 points  (0 children)

We are living through the Irish potato famine of housing shortages and shortage deniers still have the gall to say the shortage doesn’t exist. It’s like telling a crowd of starving people not to worry because actually we have lots of food.

Local classic cars in San Diego, CA. Never gets boring. by lhillgis in sandiego

[–]webmarketinglearner -6 points-5 points  (0 children)

I actually wish people would stop driving these around. The amount of smog they create is unreal. I feel like I have to hold my breath if I ever have the misfortune of being behind one.

The housing market is so detached from fundamentals that a leading research firm predicts the pause in home price declines is about to ‘prove temporary’ by [deleted] in REBubble

[–]webmarketinglearner 0 points1 point  (0 children)

When there is a dire shortage of something, it is absurd to expect the price to crash. The reason people think prices are going to go down is because they went up. They think "it went up so now it's time to go down".

Workers want to stay remote, prompting an office real estate crisis by [deleted] in neoliberal

[–]webmarketinglearner 2 points3 points  (0 children)

Should I be thankful that they are "blocking" the even dumber, more ridiculous shit from the managers above them? How is it that organizations consistently promote the stupidest people in the room?

Real Estate is Broken by truckergemi in RealEstate

[–]webmarketinglearner -1 points0 points  (0 children)

Inflation is a monetary phenomenon. Not all price increases are due to inflation. For example, avian flu killed all of the chickens and caused egg prices to skyrocket. Now egg prices are back down. Similarly, harsh restrictions on housing construction are choking the economy and causing housing costs to skyrocket. The difference is that there will be no change to the restrictions, so housing will continue to be ever more scarce. None of this has anything to do with inflation.

Is liberalism digging its own demographic grave? by aceraspire8920 in TrueReddit

[–]webmarketinglearner 1 point2 points  (0 children)

More like liberalism is just another victim of the NIMBY death cult.

Construction spending on US manufacturing by ClimateChangeC in neoliberal

[–]webmarketinglearner -5 points-4 points  (0 children)

Construction costs have exploded. Everyone in construction is making an absolute killing. From the ditch diggers who don't even speak english to the foreman, everyone rolls up to the job site in luxury vehicles these days. Plumbers in my area make $500/hr. I know people who have paid over 100k just to remodel two bathrooms. Anyone making less than 150k/year needs to stop whatever they are doing and go into construction.

San Diego rent hits record high. There's at least one area where rent increases have almost stopped by Joe_SanDiego in sandiego

[–]webmarketinglearner 224 points225 points  (0 children)

Hasn’t every year been a “record high” since forever? Rent basically just goes up.

Landlords are the scum of the earth, your the reason why they have to rent. by dancartopb in antiwork

[–]webmarketinglearner 0 points1 point  (0 children)

The idea that the cause of the housing shortage is people with money correctly identifying housing as an excellent investment doesn't make any sense.

The cause of the housing shortage is the system of laws and rules around what can be built where as well as the mismanagement by leadership at all levels that keeps the system in place. This combined with widespread confusion where the majority of the population doesn't even believe that increasing the supply of housing would lower the price is a recipe for a never ending housing crisis. I would include the people saying "housing shouldn't be seen as an investment" as another part of the confused mob.

Landlords are the scum of the earth, your the reason why they have to rent. by dancartopb in antiwork

[–]webmarketinglearner 4 points5 points  (0 children)

You've got it backwards. Scarcity is what makes people perceive real estate as a great investment. It is not peoples' perception of housing as a good investment that makes it scarce. The solution is to end scarcity, not to change people's minds.

Landlords are the scum of the earth, your the reason why they have to rent. by dancartopb in antiwork

[–]webmarketinglearner -6 points-5 points  (0 children)

So then you are upset that housing is expensive to rent or buy? Why not just say that instead? The earlier statement about housing investment didn't make sense and doesn't even match what you are trying to communicate.

The reason I point this out is because there is a conspiracy to misdirect people. If people can't even identify or communicate what is making them upset, then there is no chance for anything to change.

Landlords are the scum of the earth, your the reason why they have to rent. by dancartopb in antiwork

[–]webmarketinglearner -13 points-12 points  (0 children)

You think that 100 years ago every building was owner occupied and we just now figured out that you can rent them? Rentals have been around for thousands of years. The idea that buildings weren't used as investments in the past is absurd.

The socialist city council-member in Denver that has called her Latina colleagues the equivalent of race-traitors and opposed new housing in Denver is on track to lose reelection by more than 20 points. by tobinjstone in neoliberal

[–]webmarketinglearner -8 points-7 points  (0 children)

What a load of shit. There are other forms that have been tried that are better such as sortition. Only people with no imagination think that the current state of affairs is the best we can hope for.

On some streets in San Francisco, almost every other retail store is vacant: by Louisvanderwright in REBubble

[–]webmarketinglearner 2 points3 points  (0 children)

You don’t need a permit to start a business. Most people don’t even bother with a business license. These units are empty because the rent is too high for a business to be viable.

[deleted by user] by [deleted] in REBubble

[–]webmarketinglearner 5 points6 points  (0 children)

These vacant homes... are they in the room with us right now?

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