More RACISM from California, concerning pollution for "people of color."

[impartialobserver]

On 3/25/2023 at 7:57 AM, reason10 said:

Explain how this plays out in Boise, Reno, Spokane, and las vegas where there are no rent controls? If you give me a bunch of subjective opinions... I am going to be done with you. 

In other words, if I commit the egregious sin of DISAGREEING with you, you're going to throw a tantrum and take your ball home, huh?

I might as well get started.

https://www.brookings.edu/research/what-does-economic-evidence-tell-us-about-the-effects-of-rent-control/

New research examining how rent control affects tenants and housing markets offers insight into how rent control affects markets. While rent control appears to help current tenants in the short run, in the long run it decreases affordability, fuels gentrification, and creates negative spillovers on the surrounding neighborhood.

https://www.vox.com/22789296/housing-crisis-rent-relief-control-supply

The logic is simple: If you set a price ceiling below what the market price would be, you will reduce the incentive for people to supply that good. If you’re a hatmaker and the government says you’re not allowed to charge more than $5 for hats you’ve been able to sell for $10, you’ll probably stop making as many.

Of course, here we’re not talking about hats, we’re talking about housing. If fewer hats are produced, that’s not great, but if fewer homes are produced, that’s catastrophic. We’re facing a national housing shortage of 3.8 million homes, and it’s the leading contributor to the spiraling cost of housing and modern homelessness. It also could induce landlords to reduce their investment or upkeep of properties if they see their profits being slashed.

Gee! That's an ECONOMICS argument. I guess you never took the classes, much less teach them, if you didn't know that.

A REAL economics student would be aware of the existence of the greatest economist of all time: Ludwig Von Mises.

https://mises.org/library/unintended-consequences-rent-control

At the height of the debate over whether capitalism or socialism was the most productive way to run a society, Ludwig von Mises argued that government intervention begets further government intervention. When rents are held below their market-clearing value, people take rental units off the market or convert existing units into condominiums, luxury housing, or offices. Something like "key money" might also emerge, whereby the rent is held artificially low, but the landlord demands a massive payment to rent the apartment's key. Other enterprising landlords have attempted to get around the restriction by providing "furnished" apartments, for which the tenant pays the controlled rent but must also pay a marked-up price to rent the apartment's furniture. Government officials and landlords find themselves in an endless cat-and-mouse game of regulate-and-evade that has created its own legal infrastructure in the form of the New York City Housing Court. The court has fifty judges and handles over three hundred thousand cases annually.

Rent control also destroys landlords' incentives to maintain the housing stock. With rent control in place, people are lined up for housing, and therefore, the landlord can discriminate on the basis of who will take the most meager accommodations. Eliminating a landlord's ability to enjoy the return from investing in higher-quality housing means eliminating the landlord's incentive to invest in basic upkeep.

https://iea.org.uk/rent-controls-the-revenge-of-econ-101/

There has also been an increase in the number of properties that are up for sale, rather than rent, because while rents have been capped, sales prices have not.

So whether you compare the rent-capped part of Berlin’s rental property market to its counterpart in other cities, to its cap-exempt counterpart in Berlin itself, or to the owner-occupier sector – the result is always the same. The rent cap clearly is having a negative impact on supply, and this is happening astonishingly quickly: even I was not expecting to see any impact in this year, or the next.

If you want to call these FACTS "subjective opinions" then you clearly do not know the meaning of that word. Funny. I never met a college professor who didn't know the meaning of the word "subjective."

I gave you OBJECTIVE sources. ("Objective" defined as not influenced by personal opinions.)

Feel free to throw a tantrum and announce to the rest of the !diots that you're putting me on temporary "ignore."

And I welcome you to the next debate where you will lose.

You children are all the same.

 

 

There is no rent control in the places that I listed.. therefore your schpiel about rent control is for nothing. Unrelated. Come play again when you can post something related to the topic. 

[reason10]

On 3/27/2023 at 11:43 AM, impartialobserver said:

There is no rent control in the places that I listed.. therefore your schpiel about rent control is for nothing. Unrelated. Come play again when you can post something related to the topic. 

Your opinion only. Produce a reliable link saying there is no rent control in those places. All I did was provide brilliant links showing how rent controls accomplish the opposite of what left wingers intend.

[impartialobserver]

On 4/3/2023 at 6:23 AM, reason10 said:

Your opinion only. Produce a reliable link saying there is no rent control in those places. All I did was provide brilliant links showing how rent controls accomplish the opposite of what left wingers intend.

https://ipropertymanagement.com/laws/idaho-rent-increases#:~:text=Does Idaho Have Rent Control,their own rent control laws.

 

There is no rent control in Idaho... game, set, match.

[reason10]

On 5/4/2023 at 1:20 PM, impartialobserver said:

https://ipropertymanagement.com/laws/idaho-rent-increases#:~:text=Does Idaho Have Rent Control,their own rent control laws.

 

There is no rent control in Idaho... game, set, match.

There is rent control everywhere. It is either by the government or the free market.

[impartialobserver]

On 5/6/2023 at 8:38 AM, reason10 said:

There is rent control everywhere. It is either by the government or the free market.

You can play stupid with yourself but you are talking about rent control by way of government. In Idaho, there is no rent control by way of the state or county governments. 

[reason10]

14 hours ago, impartialobserver said:

You can play stupid with yourself but you are talking about rent control by way of government. In Idaho, there is no rent control by way of the state or county governments. 

Rent control exists EVERYWHERE. It is either determined by government or by the free market.

Economics 101.

You should take a course.

[impartialobserver]

On 5/13/2023 at 7:27 AM, reason10 said:

Rent control exists EVERYWHERE. It is either determined by government or by the free market.

Economics 101.

You should take a course.

Or you could just be a man and admit that when your schpiel about rent control was 100% about government instituted rent control. The free market dictating a price is not something you would whine about... or maybe you would because you like to complain. 

[reason10]

17 hours ago, impartialobserver said:

Or you could just be a man and admit that when your schpiel about rent control was 100% about government instituted rent control. The free market dictating a price is not something you would whine about... or maybe you would because you like to complain. 

The Free market dictating a price is ALWAYS something you left wing goose steppers whine about.

[impartialobserver]

5 hours ago, reason10 said:

The Free market dictating a price is ALWAYS something you left wing goose steppers whine about.

No whining. I have no issues with it. You just do not have the necessary character to admit that you were wrong. When you complain about rent control.. you are/were talking about government-induced rent control.