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(AP News)   The rent is too damn high   (apnews.com) divider line
    More: Obvious, Renting, Landlord, Real estate, Krystal Guerra, new landlord, Rent control, 32-year-old graduate student, majority of her take-home pay  
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2395 clicks; posted to Business » on 21 Feb 2022 at 1:50 AM (18 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2022-02-20 8:58:14 PM  
The end result of unfettered (unregulated) Capitalism is a return to Feudalism.
Shackels on, serfs!
 
2022-02-20 10:32:32 PM  
That was until a new owner bought the property and told her he was raising the rent from $1,550 to $1,950,

Move out and only vote for people that support a 10x inoccupancy tax for empty units.
 
2022-02-20 10:45:36 PM  

skybird659: The end result of unfettered (unregulated) Capitalism is a return to Feudalism.
Shackels on, serfs!


Revolution first
 
2022-02-20 11:01:56 PM  
How is anyone shocked? Massive amounts of empowered pandemic moving across the country, they bring money with them and are willing to pay more than you are on rent.

Until that whole mess of people are done 'finding their safe space' they're going to be messing up rents wherever they go.
 
2022-02-20 11:05:34 PM  
That was until a new owner bought the property and told her he was raising the rent from $1,550 to $1,950,

Try finding a decent 1-bedroom in L.A. for $1,950
 
2022-02-21 1:34:24 AM  

propasaurus: That was until a new owner bought the property and told her he was raising the rent from $1,550 to $1,950,

Try finding a decent 1-bedroom in L.A. for $1,950


Yeah, but you aren't making LA money in Florida.
 
2022-02-21 1:37:03 AM  

Dr. DJ Duckhunt: propasaurus: That was until a new owner bought the property and told her he was raising the rent from $1,550 to $1,950,

Try finding a decent 1-bedroom in L.A. for $1,950

Yeah, but you aren't making LA money in Florida.


I'm not making L.A. money in L.A.
 
2022-02-21 1:40:04 AM  

propasaurus: Dr. DJ Duckhunt: propasaurus: That was until a new owner bought the property and told her he was raising the rent from $1,550 to $1,950,

Try finding a decent 1-bedroom in L.A. for $1,950

Yeah, but you aren't making LA money in Florida.

I'm not making L.A. money in L.A.


Look, I'm saying because you have it bad doesn't mean we should just let everything go to hell. Maybe we should try to change it so it's not bad for others and you included.
 
2022-02-21 1:41:11 AM  
Arizona Sen. Kyrsten Sinema decried the increases during a recent Senate Banking Committee hearing, saying Arizona's rapidly growing housing costs have been a "major concern" of hers for years.

Like she gives a rat f*ck.
 
2022-02-21 2:05:29 AM  

tfresh: How is anyone shocked? Massive amounts of empowered pandemic moving across the country, they bring money with them and are willing to pay more than you are on rent.

Until that whole mess of people are done 'finding their safe space' they're going to be messing up rents wherever they go.


No, that's because investment firms and pension funds has made like bandits during the pandemics, and are flushed with cash. So, they are buying houses by the hundreds and jacking up the rents, because any of their invest5must make eff-you money.
 
2022-02-21 2:44:54 AM  
Enjoy. It's been steadily going in this direction for many years and nothing has been done. Nobody on any side politically actually cares about this. The middle and upper classes love this because their homes and REITs and investment properties get more valuable.

I have put up my solution: a right to housing and national service to build housing. Everyone owns their place after service. We can keep some private housing for the rich like they do in Singapore, and it can be taxed to hell and back.
 
2022-02-21 2:59:10 AM  
I own large duplex in a Midwestern city. I live in the top 2 floors and rent out the 1st floor. The rental is a decent unit, they have their own laundry, basement storage, and garage stall.
I rent out the unit for $1100/month cause the neighborhood was kinda sketchy when the current tenants moved in like 4 years ago and I wanted a larger applicant pool so I could be more selective.

The neighborhood has gotten a lot better recently. And I thought to myself, "huh, I could probably raise the rent." but my costs haven't really increased so I don't, cause I'm not an a$$hole.

Last year I gave the tenants free cable cause I like them and they never complain about my kids running around above them.

I just looked it up and the fair market rent for a two bedroom in my city is $1400. The median rent for a 2 bedroom in my neighborhood is over $1600.

Huh, I could probably raise the rent by a lot. But my costs actually decreased this year now that I'm not paying FHA insurance anymore so I probably wont raise the rent, cause I'm not an a$$hole.

/I'll consider not giving them free cable anymore.
 
2022-02-21 3:01:35 AM  
The usual response to scarcity and rising prices in a capitalistic system is to increase supply. Of course, that would mean reducing inhibitory regulations, changing zoning, streamlining the permitting process, etc., and that ain't gonna happen.
 
2022-02-21 3:29:59 AM  

propasaurus: Dr. DJ Duckhunt: propasaurus: That was until a new owner bought the property and told her he was raising the rent from $1,550 to $1,950,

Try finding a decent 1-bedroom in L.A. for $1,950

Yeah, but you aren't making LA money in Florida.

I'm not making L.A. money in L.A.


The gates are open. You are free to leave.

LA sucks.
I mean it
 
433 [TotalFark]
2022-02-21 3:37:58 AM  

paulleah: The gates are open. You are free to leave.


I hope you realize that this comment is super dumb, and that just getting up and moving is not really the option people want when they are working in a place where certain skills or professions don't just easily transfer to bumf*ck Illinois where the rent is cheaper.
 
2022-02-21 3:50:45 AM  
Ah yes. Another article whining about how hard life is because actually doing something about it takes too much god damned work.

I mean sure there are a LOT of states with some form of initiative process that would let citizens craft a law trying rent to the states minimum wage in some way, but come on, you cant expect people to actually work to solve their problems now can you?
 
2022-02-21 4:09:18 AM  

padraig: tfresh: How is anyone shocked? Massive amounts of empowered pandemic moving across the country, they bring money with them and are willing to pay more than you are on rent.

Until that whole mess of people are done 'finding their safe space' they're going to be messing up rents wherever they go.

No, that's because investment firms and pension funds has made like bandits during the pandemics, and are flushed with cash. So, they are buying houses by the hundreds and jacking up the rents, because any of their invest5must make eff-you money.


That's part of it.
I can't speak for the rest of the country but here in MA rental cities like Lowell, Haverhill, and Lawrence have been increasing property taxes on rental buildings by 5% to 20% year after year now for more than a decade.  Then factor in the ballooning cost of real estate and much higher rents are required to eek out a small profit margin.
For example, in 2010 a unit in those cities was renting for around $1/sq ft.  Now it needs to be higher because the building was sold for $600,000, needs renovations, and the property tax went from $2500/year to $15,000+ per year.
This is also tied into our failed health care system which demands higher than inflation increases in premiums because reasons. In this case the local government has to provide this benefit to workers and retirees, and passes the costs onto residents via increases in property taxes.
The owners and property managers also need to be paid.  These tax increases are simply added to the rent to avoid operating at a loss.
And yes, cheap foreign money is buying up the buildings which also requires higher rents.  What of it?  Most of the people who voted for #45 are hourly wage workers who cheered him threatening the invertebrate Jerome Powell to tank interest rates in 2017 to boost stonks, RE values, and so #45 could convert his personal and business loans to lower rates to save him money personally.  That all farked his voting base and none of them will ever know it.  Humorously many of the most Q-anon fans of #45 have neither stonks nor RE assets and so didn't benefit in any way from this policy.
Did anyone think the moratorium on rents and evictions would have a happy ending?
 
2022-02-21 4:25:49 AM  

433: paulleah: The gates are open. You are free to leave.

I hope you realize that this comment is super dumb, and that just getting up and moving is not really the option people want when they are working in a place where certain skills or professions don't just easily transfer to bumf*ck Illinois where the rent is cheaper.


It's not super dumb. I lived in Monterey. We had a baby and I knew I couldn't buy a home, so I transferred to Alabama.

Did I like it? No. But it allowed me to buy a home and hone my skills to the point where I could come back to the west coast with more earning power.

LA will never get cheaper. Leave or make more money.
 
2022-02-21 4:50:36 AM  
By R.J. RICO

Suave article.
 
433 [TotalFark]
2022-02-21 5:22:30 AM  

paulleah: so I transferred to Alabama.


This isn't actually a point of argument and I'm happy for the fam, but you might could stand to realize that you were in something of a unique position to be transferred by your employer.  Most people don't even have the option to move to a new apartment or across town.  You had options.

Anyway, Christ, I'm glad you were able to move the family out, I know for sure you don't want to be where I am!
 
2022-02-21 6:14:36 AM  
Wouldn't feudalism be business owners buying the houses for their employees?
/I wonder if we're going to see that as a benefi soon.
 
2022-02-21 6:18:53 AM  
Fark user imageView Full Size


Working as intended.  America's Founding Fathers never wanted to create a free or egalitarian society.  They were slave owning businessmen.  They only wanted to cast off the old aristocracy of Europe so that they, themselves, could become the new aristocracy of the New World.

In other words, the end goal was just a return to good old-fashioned feudalism with the wealthy as the new nobility.  They would own everything and the rest of us would be their servants.  Forever.

We're just getting closer to reaching that original goal.
 
2022-02-21 6:19:58 AM  

tfresh: How is anyone shocked? Massive amounts of empowered pandemic moving across the country, they bring money with them and are willing to pay more than you are on rent.

Until that whole mess of people are done 'finding their safe space' they're going to be messing up rents wherever they go.


when i was in grade school in the 70's we had a teacher warn us of inflation and how in the future a six pack of beer would top $10 and people would have to live together to afford rent.

i recall in the early 80's my eldest sister paying 18% interest on her home mortgage. i remember being in line to buy gas during fake gas shortages when prices were through the roof.

best bet is to be homeless. or live in a van down by the river.
 
2022-02-21 6:23:11 AM  
Ravenna Golden - Expensive City (Official Music Video)
Youtube u-HdxUURcrE
 
2022-02-21 8:03:09 AM  

Dr. DJ Duckhunt: propasaurus: Dr. DJ Duckhunt: propasaurus: That was until a new owner bought the property and told her he was raising the rent from $1,550 to $1,950,

Try finding a decent 1-bedroom in L.A. for $1,950

Yeah, but you aren't making LA money in Florida.

I'm not making L.A. money in L.A.

Look, I'm saying because you have it bad doesn't mean we should just let everything go to hell. Maybe we should try to change it so it's not bad for others and you included.


That's..that's crazy talk!
 
2022-02-21 8:05:59 AM  

NephilimNexus: [Fark user image 619x354]

Working as intended.  America's Founding Fathers never wanted to create a free or egalitarian society.  They were slave owning businessmen.  They only wanted to cast off the old aristocracy of Europe so that they, themselves, could become the new aristocracy of the New World.

In other words, the end goal was just a return to good old-fashioned feudalism with the wealthy as the new nobility.  They would own everything and the rest of us would be their servants.  Forever.

We're just getting closer to reaching that original goal.


Yep.  The only difference is the peasants get to vote.  But the choice is John Jackson or Jack Johnson, both of whom make more in a year than the average person does in a lifetime, and neither of whom give a damn about anybody but people like themselves.
 
2022-02-21 9:10:08 AM  
We bought our first house in 2017.  A stunning number of "friends" started lecturing us on how it was dumb to buy a house, because it'll never appreciate as fast as stocks, crypto, whatever, how renting is actually the smarter choice, etc.  At that time, houses in the neighborhood rented for around $2200, and our PITI was about $20 less than that.  "You're not saving any money, and you're responsible for all the maintenance"

Now, 5 years later, the house is up 48% in value, rent on a comparable home is $2900+, and thanks to a refi, our mortgage payment is lower than it was at the start.
 
2022-02-21 9:14:24 AM  

Great_Milenko: But the choice is John Jackson or Jack Johnson...


Don't blame me, I voted for Kodos Robot Nixon.
 
2022-02-21 9:38:00 AM  

little red bot: I thought to myself, "huh, I could probably raise the rent." but my costs haven't really increased so I don't, cause I'm not an a$$hole.


I take it your tenants pay their own utilities.
 
2022-02-21 9:38:34 AM  
If everyone just lived in the forest that would show them.
 
2022-02-21 9:55:39 AM  

little red bot: Huh, I could probably raise the rent by a lot. But my costs actually decreased this year now that I'm not paying FHA insurance anymore so I probably wont raise the rent, cause I'm not an a$$hole.


There's a guy in Vegas who doesn't raise the rent because he'd rather have stable renters, who are not a$$holes, living in his units. That was on Fark a few months back.

You couldn't pay me enough to be a landlord.
 
2022-02-21 10:12:01 AM  

inglixthemad: You couldn't pay me enough to be a landlord.


Precovid I flirted with the notion of renting out a room or two in my house - there's a large rental market in the student population to the local colleges/universities, but I just couldn't get comfortable with the idea of having a stranger sharing my space. My insular nature just isn't compatible with it, no matter how beneficial it would be financially. Besides, they probably wouldn't be able to put up with my odd hours and multiple cats.

It's now tucked away in the back of my brain as an emergency financial measure.
 
2022-02-21 10:33:03 AM  

433: paulleah: The gates are open. You are free to leave.

I hope you realize that this comment is super dumb, and that just getting up and moving is not really the option people want when they are working in a place where certain skills or professions don't just easily transfer to bumf*ck Illinois where the rent is cheaper.


What certain skills and professions don't easily transfer from a large city like LA to a medium or small sized city or to a rural area?

Serious question, I expect while there may be some professions that you truly cannot do outside of cities like LA the vast majority of professions can find employment in a large variety of places.
 
2022-02-21 10:41:33 AM  

inglixthemad: You couldn't pay me enough to be a landlord.


Well, good, I guess. I'll take that money.

I bought a 2nd house ages ago and have been renting it ever since then. It's a real nice place, the renter has been there for ages and loves it and in return I keep the rent absurdly low (it covers the mortgage and then some...so, free house for me). Comps in the area are much higher; I could easily double the rent and get it but I prefer to have a nice person live there rather than make all kinds of money off their back. Also, I can afford to do this without suffering.

I was a renter, too, long ago and had the rent jacked up by surprise when I could least afford it. I remember those days and will not subject anyone else to that sort of thing.
 
2022-02-21 10:55:09 AM  

hoodiowithtudio: Wouldn't feudalism be business owners buying the houses for their employees?
/I wonder if we're going to see that as a benefi soon.


I long ago found that most people that insist X or Y is a return to feudalism got all their knowledge of feudalism from Monty Python.  Many of those that fear a return to feudalism even push for policy changes that have feudalism undertones.

Free or low cost housing, heath care such as existed, and guaranteed employment where part of the European system.  The ill and elderly where often times tended to at community expense. People working less days a year and often had feasts on those days provided by the local lord or church.
 
2022-02-21 11:04:03 AM  

MelGoesOnTour: Well, good, I guess. I'll take that money.


I should note that I have friends who are landlords, multiple homes, part of their retirement strategy, and the guy notes he's never worked so f**king hard in his life. He doesn't have a management company to take calls at 3AM nor is it easy to soak up the cost of the destruction one bad renter can visit upon you. Keep in mind HE IS A CONTRACTOR (builds new houses) and can do 99% of the work himself. The previous year was shiat because he ended up with two new renters that stopped paying after 4 and 7 months respectively. The one that stopped paying at 7 months finally left in July (after being paid to leave) with little issue, but the one that stopped paying after 4 months vanished after stripping the duplex of fixtures / wiring / everything that wasn't nailed down. He's not exactly holding his breath about finding the person, as they apparently stole someone else's identity.

I am not a contractor, nor do I have the time to FA doing the work slowly, so not worth the headache/cost to me at all.
 
2022-02-21 11:16:52 AM  

Shaggy_C: [YouTube video: Ravenna Golden - Expensive City (Official Music Video)]


I made it 30 seconds before having to stop that.

That's a bad video.
 
2022-02-21 11:20:06 AM  

inglixthemad: MelGoesOnTour: Well, good, I guess. I'll take that money.

I should note that I have friends who are landlords, multiple homes, part of their retirement strategy, and the guy notes he's never worked so f**king hard in his life. He doesn't have a management company to take calls at 3AM nor is it easy to soak up the cost of the destruction one bad renter can visit upon you. Keep in mind HE IS A CONTRACTOR (builds new houses) and can do 99% of the work himself. The previous year was shiat because he ended up with two new renters that stopped paying after 4 and 7 months respectively. The one that stopped paying at 7 months finally left in July (after being paid to leave) with little issue, but the one that stopped paying after 4 months vanished after stripping the duplex of fixtures / wiring / everything that wasn't nailed down. He's not exactly holding his breath about finding the person, as they apparently stole someone else's identity.

I am not a contractor, nor do I have the time to FA doing the work slowly, so not worth the headache/cost to me at all.


Dang, now I know where you're coming from.

I do wonder if your friend either had a string of really bad luck or if his properties are in, well, not-great areas?

Luckily, I've never experienced bad stuff like that. On the other hand, we made a point to rent to someone who seemed on the up-and-up and it seems our impressions were correct. I HAVE heard horror stories but maybe the little town my other house is in doesn't have much drama in it.
 
2022-02-21 11:32:02 AM  
Sounds like a story similar to a friend I have living in Oregon.  During the pandemic, even though he never fell behind on rent, his owner (a small time landlord that owned 2 properties) decided he was done and wanted out.  The owner sold the properties to a firm that manages dozens of properties.

In Portland Oregon area, there are laws restricting how much a landlord is allowed to increase rent annually.  So, the moment the new management company takes over, they raise the rent.  My friend checks the applicable laws, ran the math and found that they had raised the rent, to the penny, as much as they were legally allowed.  And, he expects they will do the same the following year.
 
2022-02-21 11:38:02 AM  

MelGoesOnTour: inglixthemad: You couldn't pay me enough to be a landlord.

Well, good, I guess. I'll take that money.

I bought a 2nd house ages ago and have been renting it ever since then. It's a real nice place, the renter has been there for ages and loves it and in return I keep the rent absurdly low (it covers the mortgage and then some...so, free house for me). Comps in the area are much higher; I could easily double the rent and get it but I prefer to have a nice person live there rather than make all kinds of money off their back. Also, I can afford to do this without suffering.

I was a renter, too, long ago and had the rent jacked up by surprise when I could least afford it. I remember those days and will not subject anyone else to that sort of thing.


See, this is the kind of behavior that you will see much more often from small time landlords who only manage one or two properties.  Their tenants don't become faceless numbers on a spreadsheet and you actually develop relationships with them.  So, the landlord is more likely to keep rents lower for such a tenant.  The agencies that run dozen's of sites don't care.  They will run an algorithm designed to maximize profits and adjust rents accordingly, not caring how it prices out.
 
2022-02-21 11:49:31 AM  
Yes, we know. Creating byzantine regulations, zoning and making it the job of local councils to defend the price of housing has created this problem. There are only two solutions 1. end zoning and reduce regulations. 2. Total ownership of housing by state governments.

There is no third way as far as I can tell.
 
2022-02-21 11:57:14 AM  

Satampra Zeiros: inglixthemad: You couldn't pay me enough to be a landlord.

Precovid I flirted with the notion of renting out a room or two in my house - there's a large rental market in the student population to the local colleges/universities, but I just couldn't get comfortable with the idea of having a stranger sharing my space. My insular nature just isn't compatible with it, no matter how beneficial it would be financially. Besides, they probably wouldn't be able to put up with my odd hours and multiple cats.

It's now tucked away in the back of my brain as an emergency financial measure.


I rented out my daylight basement ONCE. Never again. He was a slob, never bathed, had a gaming system that farked up my wifi reception. Found out he had an assault rifle.
When the time came to boot him out for non payments it took muscle. Worst renter ever. I had to take the bed to the dump, it was so bad.
 
2022-02-21 12:14:43 PM  

little red bot: I own large duplex in a Midwestern city. I live in the top 2 floors and rent out the 1st floor. The rental is a decent unit, they have their own laundry, basement storage, and garage stall.
I rent out the unit for $1100/month cause the neighborhood was kinda sketchy when the current tenants moved in like 4 years ago and I wanted a larger applicant pool so I could be more selective.

The neighborhood has gotten a lot better recently. And I thought to myself, "huh, I could probably raise the rent." but my costs haven't really increased so I don't, cause I'm not an a$$hole.

Last year I gave the tenants free cable cause I like them and they never complain about my kids running around above them.

I just looked it up and the fair market rent for a two bedroom in my city is $1400. The median rent for a 2 bedroom in my neighborhood is over $1600.

Huh, I could probably raise the rent by a lot. But my costs actually decreased this year now that I'm not paying FHA insurance anymore so I probably wont raise the rent, cause I'm not an a$$hole.

/I'll consider not giving them free cable anymore.


Raising the rent doesn't make you an asshole.

Leaving money on t he table makes you foolish.

When the heater/ac gives up, they won't be chipping for replacement because you're not an asshole. They understand this is a business transaction.

If you want to run a charity, go ahead. I could use that extra $500 too....I'll send you greeting cards and heart felt texts daily for it.
 
2022-02-21 12:36:56 PM  

jjorsett: The usual response to scarcity and rising prices in a capitalistic system is to increase supply. Of course, that would mean reducing inhibitory regulations, changing zoning, streamlining the permitting process, etc., and that ain't gonna happen.


You need to force them to build for the lower incomes tho.  In my area (subjective small sample I know)  they are building like crazy.  It's all super luxury apartments for 4 bed 2 1/2 bath mini mansions (2500 Sq ft plus).

Unless you require a significant % of new apartments to be built & priced so 50% of the area population (say wages at jobs within 30 miles) can solo rent / qualify.  You can build all you want... but if it take 3 people to rent a single apartment, you aren't helping.

This is a significant driving factor for the "great resignation".  Financial advisors, govt accountants, and the apartment realtors them selves say around 1/3 your income for housing costs.  By that math, $18 an hour gets $1k a month rent.  What % of people make less than 18 an hour?

/monogamous relation ships?
//In This housing cost market?
///three way slashie
 
2022-02-21 12:47:16 PM  

NephilimNexus: [Fark user image image 619x354]

Working as intended.  America's Founding Fathers never wanted to create a free or egalitarian society.  They were slave owning businessmen.  They only wanted to cast off the old aristocracy of Europe so that they, themselves, could become the new aristocracy of the New World.

In other words, the end goal was just a return to good old-fashioned feudalism with the wealthy as the new nobility.  They would own everything and the rest of us would be their servants.  Forever.

We're just getting closer to reaching that original goal.


Do you think their plan was for it to take over 200 years or were they just really bad at their plan?
 
2022-02-21 12:55:26 PM  

Incog_Neeto: If everyone just lived in the forest that would show them.


Well, coming down out of the trees was a really bad idea...
 
2022-02-21 12:59:06 PM  

Sasquach: little red bot: I own large duplex in a Midwestern city. I live in the top 2 floors and rent out the 1st floor. The rental is a decent unit, they have their own laundry, basement storage, and garage stall.
I rent out the unit for $1100/month cause the neighborhood was kinda sketchy when the current tenants moved in like 4 years ago and I wanted a larger applicant pool so I could be more selective.

The neighborhood has gotten a lot better recently. And I thought to myself, "huh, I could probably raise the rent." but my costs haven't really increased so I don't, cause I'm not an a$$hole.

Last year I gave the tenants free cable cause I like them and they never complain about my kids running around above them.

I just looked it up and the fair market rent for a two bedroom in my city is $1400. The median rent for a 2 bedroom in my neighborhood is over $1600.

Huh, I could probably raise the rent by a lot. But my costs actually decreased this year now that I'm not paying FHA insurance anymore so I probably wont raise the rent, cause I'm not an a$$hole.

/I'll consider not giving them free cable anymore.

Raising the rent doesn't make you an asshole.

Leaving money on t he table makes you foolish.

When the heater/ac gives up, they won't be chipping for replacement because you're not an asshole. They understand this is a business transaction.

If you want to run a charity, go ahead. I could use that extra $500 too....I'll send you greeting cards and heart felt texts daily for it.


You know it's okay for people not to make choices strictly off what's most profitable. It doesn't make them foolish if they decide they don't want to maximize profit in every business transaction.

It's okay man, not everything has to be about money sometimes it's okay for people to say "I want to do something good for someone else."
 
2022-02-21 1:01:09 PM  
"you can buy a whole house in cousinfark gulch for 75000!  but nobody wants them!"

because it's literally 200 miles to ANYTHING to do.
 
2022-02-21 1:19:01 PM  

Thank You Black Jesus!: "you can buy a whole house in cousinfark gulch for 75000!  but nobody wants them!"

because it's literally 200 miles to ANYTHING to do.


https://www.kiplinger.com/real-estate/places-to-live/601488/25-cheapest-us-cities-to-live-in

https://www.rent.com/research/cheapest-rent-in-the-us/

There are plenty of large metropolitan areas with affordable housing and plenty of stuff to do.  Yes its not Los Angeles and Elton John won't play at Dodger Stadium BUT there is stuff to do and places to work in cities that have less than a 1 million people.

The real reason people don't want to move to medium size cities is because they just don't want to move.  They have family, community, familiarity with where they live now and moving across the country is difficult on people's lives even if they have a job lined up.

And I sympathize with that because stability matters but lets not pretend its because there's "nothing to do" outside of LA, NY, SF, Miami etc
 
2022-02-21 1:20:08 PM  

skybird659: The end result of unfettered (unregulated) Capitalism is a return to Feudalism.
Shackels on, serfs!



lazy fat assed sit at home real estate/bank/hedge fund stock owners don't mind rents going up.

for obvious reasons.
 
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