Take the money from small projects like single family rentals and use them to fund larger projects by using leverage. That’s the only way cities and apartment buildings, or commercial spaces like shopping malls are able to be funded and built. Same as you taking money from a small thing (e.g working and saving a down payment) and using leverage to finance a new car. A profit is needed in these cases as it maintains incentive for maintaining homes and investing in the creation and rehabilitation of additional living spaces.
The primary issue right now from my best knowledge is that there simply isn’t enough supply of homes and living spaces available, leading to increased demand, and willingness to pay a higher price. Investors partially solve this issue by funding new developments and high density dwellings like apartment complexes. If you ever take an economics class, you will learn the simple truth that the value of something is only up to what people are willing to pay. If demand is lowered, people, as a whole are less likely to pay for the price being asked, and the seller will need to continue lowering, and lowering their price to find what the buyer will willingly pay. This is part of the reason that we have the consequence of high interest rates at the moment as well.
If rentals were useless they would not exist in a given market, but they serve a need.
Well, it sounds like you and I both agree that large companies like Black Rock, Zillow, and whoever else is involved in the alleged price fixing with that rent recommendation software thing are screwing society and yes, can burn to the ground.
I don’t know enough to comment on rents going up outside of them, but generally, things like this come down to both inflationary pressures and a consequence of free markets. Some states have enacted regulations capping the amount that rents can increase, others have not. I may be wrong, but it seems that your perspective on the situation is simplifying the issue to mean that landlords are squandering resources (homes/units) and extorting people without providing anything. There is still a positive result to society in providing places for people to live. A profit is needed in these cases, though, as it maintains incentive for maintaining homes and investing in the creation and rehabilitation of additional living spaces.
The primary issue right now from my best knowledge is that there simply isn’t enough supply of homes and living spaces available, leading to increased demand, and willingness to pay a higher price. If you ever take an economics class, you will learn the simple truth that the value of something is only up to what people are willing to pay. If demand is lowered, people, as a whole are less likely to pay for the price being asked, and the seller will need to continue lowering, and lowering their price to find what the buyer will willingly pay. This is part of the reason that we have the consequence of high interest rates at the moment as well.
So then who coordinates the work to get old houses fixed up? Who organizes and provides the funding, sources contractors, makes design decisions about how to best rehabilitate a home for modern use, and holds the whole project accountable for its completion?
Across the nation and most of the rest of the world both resident owners and landlord owners will fix up properties. Unlivable properties however are primarily taken on by investors and rehab-to-rent landlords. Yes, they are making a profit out of it (most of the time), but society then receives an additional livable unit in good condition, or possibly more if it is a multifamily complex.
Not one yet, I just understand how landlording and real estate investing works. Sure there are scum landlords out there, but what good do we bring the situation by demonizing an entire group, complaining online and cutting ourself off from the greater understanding of how things work and interplay in a complex society?
This could apply to any news or situation. Have you ever considered that maybe there is more to understand than what you currently know? Have you considered the strength of the force that the way information is presented upon you can have on your perspective, attitudes, and beliefs about a situation? News articles have a tendency to use this in an effort to weaponize your emotions against something or someone, or to distract you from other causes.
In this case, perhaps it has succeeded in manipulating your emotions to blindly attack me without fully and coherently understanding the situation.
Edit: take these arbitrary downvotes for example. They communicate what is called a “social proof” to you that I am wrong, subverting your own free thinking and making potentially yourself as well as others stop and simply shortcut to agree the same.
So if the A/C dies in the summer making the home unlivable, you say you would be on the hook to repair it? It’s on the landlord or property owner.
If you go back to my comment I am bringing in the idea of a derelict property. There is no tenant in a derelict property, aside from possibly a squatter.
And how about if nobody can even live there in the first place because it’s so bad? Then who pays?
I see, well I guess it is a legitimate risk of that business. Landlords should understand that by operating there squatting is a possibility. It seems that you might still be distancing yourself from the point in this scenario by placing responsibility on your employer to deal with the problem, which in this case is the squatter, and avoiding picturing how it could truly interfere with your life at home or at work. Either way for anyone, no one should have to deal with this. Perhaps it is morally reprehensible to purchase a home with the sole purpose of renting. Perhaps it is also morally reprehensible to facilitate the squatting of homes owned by others for personal financial gain.
Maybe we can both agree that the system is failing
in it’s total if there is need for squatting for this purpose. I invite you to consider the possibility though that there is a valid reason for rental homes in many situations and areas that are beneficial for the right people. Yes, there are scummy landlords and yes, the landlord intends to make a profit, but this is not always at the sole detriment society.
Sure, I’ll give you that. The squatters are also taking advantage of the system for gain. But then I ask, imagine your home, or your workplace. Do you possibly work in construction? In an office? Perhaps in a leased retail space? How would you feel if a squatter took residence in your employee break room? Could you honestly say you would feel the same way?
Explain to me who then takes responsibility to repair derelict properties into livable condition? The city? Local government? Would you take this on? What would you expect as compensation to take this on?
Would it not work to do like we do for refundable cans? QR code or barcode on the bag to verify and store drop off for a refund of this 10/15¢. People would go out of their way to collect and drop these off at facilities that could accept and recycle these.
Hard to feel bad for a fucking landlord. Get a real job loser.
“I don’t have empathy for others who are better off than I am. Work hourly as a W2 like the rest of us instead of using systems, tax codes, and laws in place by the government to generate a better life for yourself while growing society.”
I’m sorry, never supposed to touch autopilot? Under any circumstances? Other than that, yeah, 100% if it detects you are not paying attention via wheel nag or eye-tracking camera at all it will alarm and disengage, potentially banning the user for a short time from using it. They do make it very clear of this result.
If the car was backing out, that was a human driver in control, not autopilot. Autopilot can only be enabled while driving on a well-marked roadway. The first part is plausible however. Likely the software at the time could not handle rain appropriately and you are absolutely right to question this if they tell you it was normal.
Well I don’t know about you, but my mind goes to user-written instagram posts, Facebook posts, and tweets. You know, things like local moms groups circlejerking about toxins in foods etc etc
If you’re in the new SAVE plan the government picks up the interest gained each month despite the lower payment. Total balance will only go down on the new plan.
Says the guy who is vastly unaware of how many responsibly armed citizens they cross paths with on a daily basis, and who have demonstrably prevented mass shootings. You have no idea the hidden safety net you live under and yet you want it destroyed because of the few bad actors.
Hey I’m almost in the same boat! I have a 2018 Creality ender 3 which I’ve had sitting for a couple years now… I look at it in my garage constantly wondering when I will pick it back up. What is Bambu? What brought you back into the hobby?
Don’t know for sure, but stuff like this is usually fake promises of free crypto and money. Like a “faucet” site to phish your info and probably scam your wallet or account
Take the money from small projects like single family rentals and use them to fund larger projects by using leverage. That’s the only way cities and apartment buildings, or commercial spaces like shopping malls are able to be funded and built. Same as you taking money from a small thing (e.g working and saving a down payment) and using leverage to finance a new car. A profit is needed in these cases as it maintains incentive for maintaining homes and investing in the creation and rehabilitation of additional living spaces.
The primary issue right now from my best knowledge is that there simply isn’t enough supply of homes and living spaces available, leading to increased demand, and willingness to pay a higher price. Investors partially solve this issue by funding new developments and high density dwellings like apartment complexes. If you ever take an economics class, you will learn the simple truth that the value of something is only up to what people are willing to pay. If demand is lowered, people, as a whole are less likely to pay for the price being asked, and the seller will need to continue lowering, and lowering their price to find what the buyer will willingly pay. This is part of the reason that we have the consequence of high interest rates at the moment as well.
If rentals were useless they would not exist in a given market, but they serve a need.