The Rent Is Too Damn High

stoppingby
Posts: 411
Joined: Sat Jan 16, 2016 9:47 pm

Re: Hijack this thread

#101

Post by stoppingby » Wed Apr 25, 2018 5:32 pm

Hidden Content
This board requires you to be registered and logged-in to view hidden content.



User avatar
maydijo
Posts: 2593
Joined: Fri Sep 02, 2016 10:23 pm
Location: where women glow and men plunder
Occupation: harassing marsupials

Re: The Rent Is Too Damn High

#102

Post by maydijo » Wed Apr 25, 2018 5:41 pm

Gentrification sucks. We used to live in a gritty red light district. Since the area was established, it had always been a red light district. That gave it a certain vibe, a certain feel - gritty, sure, but also relaxed, accepting. Then gentrification hit - and suddenly all these people who had moved in, knowing exactly where they were moving, wanted to kick out the prostitutes because 'think of our home valuations.' They got the property cheap because of where it was. They knew it was a red light district; everyone in the city knew it. It drove me crazy. I felt like the prostitutes were there first, and their rights were being ignored. You don't move to a neighborhood and change what it is. If you don't like what it is, you choose a different neighborhood.



Sunrise
Posts: 622
Joined: Fri Nov 04, 2016 3:29 pm

Re: The Rent Is Too Damn High

#103

Post by Sunrise » Wed Apr 25, 2018 8:33 pm

Addie wrote:
Wed Apr 25, 2018 3:21 pm
WaPo
HUD Secretary Ben Carson to propose tripling rent for some low-income Americans

U.S. Housing and Urban Development Secretary Ben Carson on Wednesday will propose tripling the amount the poorest households are expected to pay for rent as well as encourage those receiving housing subsidies to work, according to the administration’s legislative proposal obtained by The Washington Post.

The move to overhaul how low-income rental subsidies are calculated would affect more than 4.5 million families relying on federal housing assistance. The proposal legislation would require congressional approval.

Currently, tenants generally pay 30 percent of their adjusted income toward rent or a public housing agency minimum rent -- which is capped at $50 a month for the poorest families. The administration’s legislative proposal sets the family monthly rent contribution at 35 percent of gross income or 35 percent of their earnings working 15 hours a week at the federal minimum wage. Under the proposal, the cap for the poorest families would rise to approximately $150 a month, three times higher than the current minimum.

The Trump administration has long signaled through its budget proposals and leaked draft legislation that it seeks to increase the rents low-income tenants pay to live in federally subsidized housing.
:smokeears: :smokeears: :mad2: :mad2: :twoup: :twoup:


"I am no longer accepting the things I cannot change. I am changing the things I cannot accept."
Angela Davis

User avatar
TollandRCR
Posts: 19955
Joined: Sun Mar 22, 2009 11:17 pm

Re: The Rent Is Too Damn High

#104

Post by TollandRCR » Wed Apr 25, 2018 11:48 pm

Ben Carson would never understand that. Try a less sleepy member of the Cabinet. Are there any?


“The truth is, we know so little about life, we don’t really know what the good news is and what the bad news is.” Kurt Vonnegut

User avatar
vic
Posts: 3395
Joined: Thu Jan 12, 2012 1:36 am
Location: The great San Fernando Valley
Occupation: Web developer

Re: The Rent Is Too Damn High

#105

Post by vic » Thu Apr 26, 2018 12:59 am

maydijo wrote:
Wed Apr 25, 2018 5:41 pm
Gentrification sucks. We used to live in a gritty red light district. Since the area was established, it had always been a red light district. That gave it a certain vibe, a certain feel - gritty, sure, but also relaxed, accepting. Then gentrification hit - and suddenly all these people who had moved in, knowing exactly where they were moving, wanted to kick out the prostitutes because 'think of our home valuations.' They got the property cheap because of where it was. They knew it was a red light district; everyone in the city knew it. It drove me crazy. I felt like the prostitutes were there first, and their rights were being ignored. You don't move to a neighborhood and change what it is. If you don't like what it is, you choose a different neighborhood.
Off Topic
I live in a suburban community which is part of the City of Los Angeles. Much of it was agricultural before the postwar housing boom. Portions to the north and west were zoned for agriculture and/or "horse properties". There are some riding paths, and until recently, it wasn't unusual to see a horse being ridden on one of the major roads (https://www.google.com/maps/place/Devon ... 18.5285392)

A few years ago, some of the large horse properties were bought by developers who then had them rezoned to allow condominiums. And then the new residents demanded that the horses be removed from the nearby properties.



User avatar
Chilidog
Posts: 8404
Joined: Mon Jan 09, 2012 11:36 am

Re: The Rent Is Too Damn High

#106

Post by Chilidog » Thu Apr 26, 2018 4:39 am

Sunrise wrote:
Wed Apr 25, 2018 8:33 pm
Addie wrote:
Wed Apr 25, 2018 3:21 pm
WaPo
Ben Carson. Triple rents
...
:smokeears: :smokeears: :mad2: :mad2: :twoup: :twoup:
That is proposed legislation

I can't see Congress passing that in an election year.



User avatar
Chilidog
Posts: 8404
Joined: Mon Jan 09, 2012 11:36 am

Re: The Rent Is Too Damn High

#107

Post by Chilidog » Thu Apr 26, 2018 4:43 am

The opposite of gentrification sucks as well.

The house my great grandfather lived in 125 years ago is now a Mexican gang headquarters



User avatar
maydijo
Posts: 2593
Joined: Fri Sep 02, 2016 10:23 pm
Location: where women glow and men plunder
Occupation: harassing marsupials

Re: The Rent Is Too Damn High

#108

Post by maydijo » Thu Apr 26, 2018 5:54 am

Chilidog wrote:
Thu Apr 26, 2018 4:43 am
The opposite of gentrification sucks as well.

The house my great grandfather lived in 125 years ago is now a Mexican gang headquarters
Fair point. But there is middle ground.



User avatar
Volkonski
Posts: 16218
Joined: Sat Mar 02, 2013 4:44 pm
Location: Texas Gulf Coast and North Fork of Long Island
Occupation: Retired Mechanical Engineer

Re: The Rent Is Too Damn High

#109

Post by Volkonski » Sat May 12, 2018 1:04 pm

More Houston millennials living at home

https://www.houstonchronicle.com/busine ... 906722.php
About 1 in 5 Houston-area millennials live at home with their moms, up from 1 in 8 of young adults in 2005, a new report shows.

This cohort of 24- to 36-year-olds are choosing to return home (though some have never left) likely because of rising rents, incomes that haven't kept up and a sluggish job market for young adults, according to data released this week from Seattle-based real estate listing and data firm Zillow.

In the Houston metro, 22.3 percent of millennials live with their moms, up from 13 percent of young adults in 2005. Among them, 12 percent are unemployed.

The median apartment rent in Houston is $1,558 per month -- compared with $1,447 nationally -- and renters here typically spend 29 percent of their monthly income on rental housing.


Image“If everyone fought for their own convictions there would be no war.”
― Leo Tolstoy, War and Peace

User avatar
Volkonski
Posts: 16218
Joined: Sat Mar 02, 2013 4:44 pm
Location: Texas Gulf Coast and North Fork of Long Island
Occupation: Retired Mechanical Engineer

Re: The Rent Is Too Damn High

#110

Post by Volkonski » Tue May 15, 2018 1:11 pm

Houston post-Harvey is ground-zero for the rental affordability crisis [Opinion]

https://www.houstonchronicle.com/opinio ... ron-result
In fact, no state has an adequate supply of affordable rental housing for the lowest income renters. In Texas, there are 873,417 low-income renter households, and only 30 affordable and available rental homes for every 100 extremely low-income renter households.

In Houston, the situation is even more dire, with 18 homes for every 100 extremely low-income renter households.

Low-income families who struggle with unsustainable rents are often forced to forego other essentials like medical care and nutritious food. These families are likely to endure frequent moves, with lasting consequences to their children’s health and educational achievement.

High rent burdens are also a deterrent to economic growth. If affordable-housing options remain limited, Houston risks the exodus of thousands of young talented adults who help power this growth.
For decades Houston was famous for its affordable housing. That ceased to be true even before Harvey. Then Harvey made things much worse.


Image“If everyone fought for their own convictions there would be no war.”
― Leo Tolstoy, War and Peace

User avatar
Jez
Posts: 2397
Joined: Fri Jan 23, 2009 3:05 pm
Location: Out there, Somewhere...
Occupation: Thread Killer

Re: The Rent Is Too Damn High

#111

Post by Jez » Tue May 15, 2018 2:27 pm

It's one of the reasons I moved from the Dallas area. Rents were starting to hit the $2-3/sq ft region. The apartment I lived in runs between 1000-1500/month depending on the building you are in, whether your have a balcony or not, and the floor it's on. If you are lucky enough to get first floor with a small front yard, it's going to run around 1800/month. And that is for 722 sq ft / 1 bedroom. To pay less around 25% of my net income in rent, I would have had to move to one of the worst parts of Dallas, or out to the sticks. Neither was much of an option in my mind.

So, I moved to Ohio. :)


I have learned silence from the talkative, toleration from the intolerant, and kindness from the unkind; yet, strange, I am ungrateful to those teachers.

~Khalil Gibran

User avatar
Addie
Posts: 25277
Joined: Mon Jun 15, 2009 6:22 am
Location: downstairs

Re: The Rent Is Too Damn High

#112

Post by Addie » Thu Jun 07, 2018 8:14 am

Associated Press
Analysis: HUD plan would raise rents for poor by 20 percent

CHARLESTON, S.C. (AP) — Housing Secretary Ben Carson says his latest proposal to raise rents would mean a path toward self-sufficiency for millions of low-income households across the United States by pushing more people to find work. For Ebony Morris and her four small children, it could mean homelessness.

Morris lives in Charleston, South Carolina, where most households receiving federal housing assistance would see their rent go up an average 26 percent, according to an analysis done by Center on Budget and Policy Priorities and provided exclusively to The Associated Press. But her increase would be nearly double that.

Overall, the analysis shows that in the nation’s 100 largest metropolitan areas, low-income tenants — many of whom have jobs — would have to pay roughly 20 percent more each year for rent under the plan. That rent increase is about six times greater than the growth in average hourly earnings, putting the poorest workers at an increased risk of homelessness because wages simply haven’t kept pace with housing expenses.

“I saw public housing as an option to get on my feet, to pay 30 percent of my income and get myself out of debt and eventually become a homeowner,” said Morris, whose monthly rent would jump from $403 to $600. “But this would put us in a homeless state.”

Roughly 4 million low-income households receiving HUD assistance would be affected by the proposal. HUD estimates that about 2 million would be affected immediately, while the other 2 million would see rent increases phased in after six years. ...

The analysis shows that families would be disproportionately impacted. Of the 8.3 million people affected by the proposal, more than 3 million are children.


¡Qué vergüenza!

User avatar
RoadScholar
Posts: 6722
Joined: Wed Jan 26, 2011 10:25 am
Location: Baltimore
Occupation: Historic Restoration Woodworker
Contact:

Re: The Rent Is Too Damn High

#113

Post by RoadScholar » Thu Jun 07, 2018 9:05 am

They obviously just want the poor to hurry up and die, and "decrease the surplus population." :madguy:


The bitterest truth is healthier than the sweetest lie.
X3

User avatar
Tiredretiredlawyer
Posts: 6297
Joined: Tue May 10, 2016 2:56 pm
Location: Animal Planet
Occupation: Permanent probationary slave to 2 dogs, 1 cat, and 1 horse

Re: The Rent Is Too Damn High

#114

Post by Tiredretiredlawyer » Thu Jun 07, 2018 9:55 am

RoadScholar wrote:
Thu Jun 07, 2018 9:05 am
They obviously just want the poor to hurry up and die, and "decrease the surplus population." :madguy:
Charles Dickens approves the use of his quote.


"The people must know before they can act, and there is no educator to compare with the press." - Ida B. Wells-Barnett, journalist, newspaper editor, suffragist, feminist and founder with others of NAACP.

User avatar
DejaMoo
Posts: 3716
Joined: Tue Jan 25, 2011 1:19 pm
Occupation: Agent of ZOG

Re: The Rent Is Too Damn High

#115

Post by DejaMoo » Thu Jun 07, 2018 12:32 pm

RoadScholar wrote:
Thu Jun 07, 2018 9:05 am
They obviously just want the poor to hurry up and die, and "decrease the surplus population." :madguy:
And yet the conspiracy-addicted right wing, which believes this conspiracy theory when it is ascribed to the Left/Dems, doesn't believe it at all when it's the obvious consequence of multiple GOP talking points and policies.



User avatar
Addie
Posts: 25277
Joined: Mon Jun 15, 2009 6:22 am
Location: downstairs

Re: The Rent Is Too Damn High

#116

Post by Addie » Wed Jun 13, 2018 1:00 pm

WaPo
A minimum-wage worker can’t afford a 2-bedroom apartment anywhere in the U.S.

The economy’s booming. Some states have raised minimum wages. But even with recent wage growth for the lowest-paid workers, there is still nowhere in the country where someone working a full-time minimum wage job could afford to rent a modest two-bedroom apartment, according to an annual report released Wednesday by the National Low Income Housing Coalition.

Not even in Arkansas, the state with the cheapest housing in the country. One would need to earn $13.84 an hour — about $29,000 a year — to afford a two-bedroom apartment there. The minimum wage in Arkansas is $8.50 an hour.

Even the $15 living wage championed by Democrats would not make a dent in the vast majority of states.

In Hawaii, the state with the most expensive housing, one would have to make $36.13 — about $75,000 a year — to afford a decent two-bedroom apartment. The minimum wage in Hawaii rose to $10.10 an hour this year.

It gets worse in many metropolitan areas. San Francisco, Marin and San Mateo counties top the list of most expensive jurisdictions, where one would need to make $60.02 an hour to afford a modest two-bedroom apartment.


¡Qué vergüenza!

User avatar
DejaMoo
Posts: 3716
Joined: Tue Jan 25, 2011 1:19 pm
Occupation: Agent of ZOG

Re: The Rent Is Too Damn High

#117

Post by DejaMoo » Wed Jun 13, 2018 2:50 pm

When did the ability to afford the rent of an entire apartment, instead of just a room or two in a boardinghouse or cheap hotel, become the default for the majority of renters? The 1950s? 1960s?

Was that perhaps just a brief, lovely blip in our history? Are we going to have to go back to the idea of just renting rooms?

The cost of buying a home has gone up nearly everywhere, too, so that the old home ownership affordability rule of thumb (average home cost = 2.5 - 3 times average annual income in an area) doesn't even apply most places anymore. Like it or not, you'll either pay more, or settle for less - a fixer-upper, or a townhome/condo, or give up and rent an apartment.



User avatar
Lani
Posts: 3389
Joined: Fri Nov 16, 2012 4:01 pm
Location: Some island in the Pacific

Re: The Rent Is Too Damn High

#118

Post by Lani » Wed Jun 13, 2018 4:47 pm

In Honolulu, a renter is lucky to get a studio apartment for $1600. The 20 somethings I know are sharing apartments.


Insert signature here: ____________________________________________________

User avatar
Jez
Posts: 2397
Joined: Fri Jan 23, 2009 3:05 pm
Location: Out there, Somewhere...
Occupation: Thread Killer

Re: The Rent Is Too Damn High

#119

Post by Jez » Thu Jun 14, 2018 8:21 am

I'm basically renting a room right now for about half of what I was paying in Plano. And we've got another room for rent, and we think we found someone. We've been talking to her on the phone for the last few days. Hopefully will be meeting her tonight in person. She seems nice, is employed, and has a similar sense of humor to us, so that might help.
She would also be bringing a dog and a cat. So, we would be up to two dogs and four cats in the house. Her dog is a Chihuahua, but supposedly nice. Only 7 lbs. I think the cats are bigger than that dog.

She now lives in North Dayton and wants to be in South Dayton, where we are. Her father is in a hospital a few miles from here undergoing cancer treatments. She wants to be closer.

Here's hoping it all works out. We need that other income.


I have learned silence from the talkative, toleration from the intolerant, and kindness from the unkind; yet, strange, I am ungrateful to those teachers.

~Khalil Gibran

User avatar
Addie
Posts: 25277
Joined: Mon Jun 15, 2009 6:22 am
Location: downstairs

Re: The Rent Is Too Damn High

#120

Post by Addie » Sun Jun 17, 2018 8:45 pm

LA Times
Californians will make a big decision on rent control in November



California voters will decide in November whether to give cities and counties new freedom to expand the use of rent control after an initiative backed by tenant groups earned a spot Friday on this fall’s ballot.

The initiative would repeal a decades-old state law that prevents local governments from passing most new rent control laws.

Supporters, who collected at least 407,769 signatures to put the measure before voters on Nov. 6, said its success was a reflection of a widespread affordable housing problem. ...

Supporters have also pointed out the Legislature still has an opportunity to act on its own to expand rent control and have the measure withdrawn from the November ballot. But lawmakers have not been able to find an alternative that satisfies both sides in the debate.

The campaign is expected to be one of the highest profile and expensive in California this year. Opponents such as California Apartment Assn., which represents landlords, has estimated it will spend upwards of $60 million to defeat the initiative, and is already running social media campaigns against it.


¡Qué vergüenza!

Post Reply

Return to “Economy”