Housing Shortage

[merh]

Jul 12, 2022 9:51:10 GMT abbey1227 said:

Jul 12, 2022 9:43:42 GMT merh said:

Urban Edge sounds cool.

That seems like it would work for apartments.

The Modern Apartments 
Stuff like that.

Yep, they built on a swampy area........dug a big pond in the middle and used the soil for fill. IIRC, studio apts starting at about $1150/month.

Like Florida?

Ever see The Cocoanuts (1929)?
First Marx Brothers film based on their Broadway play.

The Cocoanuts is set in the Hotel de Cocoanut, a resort hotel, during the Florida land boom of the 1920s.

The Florida land boom of the 1920s was Florida's first real estate bubble. This pioneering era of Florida land speculation lasted from 1924 to 1926 and attracted investors from all over the nation. The land boom left behind entirely new, planned developments incorporated into towns and cities. Major investors and speculators such as Carl G. Fisher also left behind a new history of racially deed restricted properties that segregated cities for decades. Among those cities at the center of this bubble were Miami Beach, Coral Gables, Hialeah, Miami Springs, Opa-locka, Miami Shores, and Hollywood. It also left behind the remains of failed development projects such as Aladdin City in south Miami-Dade County, Fulford-by-the-Sea in what is now North Miami Beach, Miami's Isola di Lolando in north Biscayne Bay, Boca Raton, as it had originally been planned, Okeelanta in western Palm Beach County, and Palm Beach Ocean just north of the Town of Palm Beach. The land boom shaped Florida's future for decades and created entire new cities out of the Everglades land that remain today. The story includes many parallels to the real estate boom of the 2000s, including the forces of outside speculators, easy credit access for buyers, and rapidly appreciating property values, ending in a financial collapse that ruined thousands of investors and property owners, and crippled the local economy for years thereafter.

[abbey1227]

Jul 12, 2022 10:31:44 GMT merh said:

Jul 12, 2022 9:51:10 GMT abbey1227 said:

Yep, they built on a swampy area........dug a big pond in the middle and used the soil for fill. IIRC, studio apts starting at about $1150/month.

Like Florida?

Ever see The Cocoanuts (1929)?
First Marx Brothers film based on their Broadway play.

The Cocoanuts is set in the Hotel de Cocoanut, a resort hotel, during the Florida land boom of the 1920s.

The Florida land boom of the 1920s was Florida's first real estate bubble. This pioneering era of Florida land speculation lasted from 1924 to 1926 and attracted investors from all over the nation. The land boom left behind entirely new, planned developments incorporated into towns and cities. Major investors and speculators such as Carl G. Fisher also left behind a new history of racially deed restricted properties that segregated cities for decades. Among those cities at the center of this bubble were Miami Beach, Coral Gables, Hialeah, Miami Springs, Opa-locka, Miami Shores, and Hollywood. It also left behind the remains of failed development projects such as Aladdin City in south Miami-Dade County, Fulford-by-the-Sea in what is now North Miami Beach, Miami's Isola di Lolando in north Biscayne Bay, Boca Raton, as it had originally been planned, Okeelanta in western Palm Beach County, and Palm Beach Ocean just north of the Town of Palm Beach. The land boom shaped Florida's future for decades and created entire new cities out of the Everglades land that remain today. The story includes many parallels to the real estate boom of the 2000s, including the forces of outside speculators, easy credit access for buyers, and rapidly appreciating property values, ending in a financial collapse that ruined thousands of investors and property owners, and crippled the local economy for years thereafter.

You can't win either way with people

You want access to home ownership for even those with low incomes and poor credit.........then gripe when there's easy access for buyers. Outside speculators? We allow foreigners to buy property in the US. All of which drives up the prices.

You know what leads to most financial collapses? Printing more money.

Just think what they could be paying for instead of the interest alone on the National Debt, too

[merh]

Jul 12, 2022 10:51:23 GMT abbey1227 said:

Jul 12, 2022 10:31:44 GMT merh said:

Like Florida?

Ever see The Cocoanuts (1929)?
First Marx Brothers film based on their Broadway play.

You can't win either way with people

You want access to home ownership for even those with low incomes and poor credit.........then gripe when there's easy access for buyers. Outside speculators? We allow foreigners to buy property in the US. All of which drives up the prices.

You know what leads to most financial collapses? Printing more money.

Just think what they could be paying for instead of the interest alone on the National Debt, too

So it happened in the 1920s.

Werent we on the gold standard? 

This, along with the fiscal strain of federal expenditures for the Vietnam War and persistent balance of payments deficits, led U.S. President Richard Nixon to end international convertibility of the U.S. dollar to gold on August 15, 1971 (the "Nixon Shock").

Nixon again!

[abbey1227]

Jul 12, 2022 21:03:49 GMT merh said:

So it happened in the 1920s.

Werent we on the gold standard? 

This, along with the fiscal strain of federal expenditures for the Vietnam War and persistent balance of payments deficits, led U.S. President Richard Nixon to end international convertibility of the U.S. dollar to gold on August 15, 1971 (the "Nixon Shock").

Nixon again!

And yet again, there have been how many Democratic presidents who could have reversed that decision?

It's my understanding some countries were playing a game of wanting to be paid in US dollars, then using those dollars to claim gold from the reserve. So it started to look like hoarding and monetary manipulation.

I can only guess the US prefers to be the ONLY monetary manipulator on the block.

[merh]

HOMELESS
‘I’m taking over’: North Portland homeless encampment charges rent for houseless people to stay
The city knows of 776 high-risk campsites across Portland, including one off North Columbia Boulevard that’s been there for more than a year.
Author: Blair Best
Published: 8:56 PM PDT July 21, 2022
Updated: 9:16 PM PDT July 21, 2022
PORTLAND, Ore. — The rumbling sounds of generators echoes through the woods off North Columbia Boulevard. Down a dirt path, surrounded by gates and overgrown bushes, sit about 50 broken-down vehicles, RVs and tents.

“This is Grace’s Oasis,” said Joseph Juhala, one of the dozen people experiencing homelessness who live in the makeshift village. “It’s supposed to be an easy-going community.”

About three years ago, Angel Grace Brown moved her tent onto the city-owned land here. She describes it as a safe place, and over the years she invited others to camp there as well. Now she charges people $200 per month to camp there. Some of that money goes toward camp maintenance.

“I’ve been watching this place for about three or four years,” she said, walking down the dirt path that leads to her RV and campsite. It's tucked away in the trees by the railroad tracks. "It’s safe. It’s behind fences.”

Brown acknowledges that the camp sits on city property but said she's "taking over” regardless.

She put up "no trespassing" signs and chains to try and keep people out. As for camp rules, she says people aren’t allowed to steal or “do anything illegal.”

“We’re just trying to make a safe haven for us away from the city, because they’re not treating us well at all,” Brown said.

According to Brown, city shelters and organized camps don’t work — or they're too temporary — and many people, like herself, end up back on the streets.

“You’re looking at a person who couldn’t get any help,” she said.

Next door to the camp is Curt's RV Storage, a family-owned RV and trailer storage park that’s been in Jeffrey White’s family since the 1970s.

“We’re at a loss right now,” said White. He says that people living in the camp have stolen from his storage yard. “Our customers on the RV side are having their gas being taken out, the catalytic converters are being taken, some RVs have been broke into.”

White and his family have called police and every city official.

“Nobody wants to even respond,” he said.“The Portland police said, 'Handle it yourself, don’t call us,'” added Virgil Adkins, who parks his tow truck in the storage yard. His truck has been stolen twice, along with $2,000 worth of tools. “That’s what I use for my business, it’s how I make my living.”

Meanwhile, Adkins has been watching the camp grow.

“It’s gotten bigger. It was only a few campers at first — now it’s a whole neighborhood.”

Those living at the camp said they aren’t stealing from Curt's RV and Storage.

“Nobody’s been up there stealing anything. Anything that was stolen was from a long time ago,” explained Juhala.

The city tells KGW they assessed this site last week and determined it was a high-risk site. It has since been added to their removal list, which is an impending fear for those who call this place home.

“We take care of each other and we’re not trying to cause trouble,” said Juhala.

“I don’t think I’m doing anything wrong,” added Brown.

The city assesses hundreds of high-risk sites like this one each week. Right now, they know of 776 high-risk campsites across the city. They only have enough resources to remove 50 per week.

[abbey1227]

Jul 23, 2022 22:42:18 GMT merh said:

HOMELESS
‘I’m taking over’: North Portland homeless encampment charges rent for houseless people to stay
The city knows of 776 high-risk campsites across Portland, including one off North Columbia Boulevard that’s been there for more than a year.

“Nobody’s been up there stealing anything. Anything that was stolen was from a long time ago,” explained Juhala.



The city assesses hundreds of high-risk sites like this one each week. Right now, they know of 776 high-risk campsites across the city. They only have enough resources to remove 50 per week.

Squatters. If she can charge people to squat, she can go in with them to buy a piece of their own property and for ma commune.

That quote contradicts itself immediately.

The city is clearly dragging it's feet on purpose. It doesn't take that long to bulldoze a site.

[merh]

Landlords Broke AC Units and Called CPS to Force Out Tenants During the Pandemic
A new report from Congress has detailed the ways four corporate landlords made big bucks while normal people suffered during the eviction moratorium.
Matthew Gault
By Matthew Gault
August 1, 2022, 8:16am



GettyImages-1299919904
IMAGE: GETTY IMAGES
A Congressional investigation into four corporate landlords has revealed coercion, scare tactics, and deceit designed to force tenants from their homes during the height of the pandemic.

An eviction moratorium was meant to protect vulnerable out-of-work people from ending up on the street during an unprecedented health disaster. But landlords still managed to evict tenants during the moratorium and the Select Subcommittee on the Coronavirus Crisis after hearing that some major landlords were violating CDC regulations.

The investigation focused on Pretium Partners, the Siegel Group, Invitation Homes, and Ventron Management, which are four of the largest corporate landlords in the country. It found that the companies filed a total of 14,744 evictions from March 2020 to July 2021. The report singled out Siegel in particular. “The Select Subcommittee obtained an email showing that a Siegel executive also directed employees to use harassing and unlawful tactics to evict or otherwise push out at least one tenant,” it said.

The email included instructions for property managers in Texas looking to force out tenants. “Have we used a master remote to disable her TV? This can normally be done from outside the unit. How many occupants are there in the unit? If there are too many and some are kids we can call child protective services to come out,” the email said. It also advocated having the tenants' cars towed away, knocking on their door “at least twice a night,” and replacing a working AC unit with a broken one.

At a recent landlord convention, a guest speaker explained to the crowd that pets are considered personal property and subject to repossession if a landlord needs to collect on a debt. The report noted that Siegel also thought this was a good tactic. “Is there an animal in the unit?” An email from a Siegel executive said. “We can tell her that if we knock on her door and she is not there we will assume she has vacated and call animal control to pick up her abandoned pet.”

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The report laid out that Siegel and others knew that what they were doing went against the eviction moratorium, but was done in an attempt to trick tenants into leaving their properties of their own free will. They wanted to turn over the units so they could get fresh tenants in, charge new deposits and push out people it saw as problem renters. This was all done during the height of the pandemic.

Siegel instructed its employees to post notices on their properties that would lead tenants to believe that the eviction moratorium was illegal and that the landlords still had the power to evict them. “A Siegel executive specifically directed that the stayed order be brought to a tenant ‘after 5pm’ on a Friday ‘so the courts and constable office are closed and she cannot call to verify anything’ and ‘see if she vacates over the weekend,’” the report said. “The executive followed up with the company’s regional managers to ensure that the deceptive strategy of distributing the order was being followed, writing that ‘properties have been using this order to bluff people out,’ and ‘I hope you all are doing the same.’”

At the same time, these companies each displayed evidence of financial stability: Invitation Homes reported record profits, Pretium invested in significant expansions, Siegel experienced almost no revenue decline, and both Ventron and Siegel each received more than $2 million in forgiven Paycheck Protection Program funds,” a press release from South Carolina Rep. James Clyburn, a member of the committee doing the investigation, said.

The other three companies did just as well. “Publicly traded Invitation Homes reported record profits during this period, Pretium acquired thousands of new properties, and both Siegel and Ventron received millions of dollars in direct relief,” the report said. “Siegel’s records also show that the company experienced almost no revenue decline even during the most disruptive early period of the pandemic.”

A lot of people struggled during the pandemic and, according to the report, these corporations made a lot of money. The report noted that the CDC took extreme measures to try to keep people in their homes. “Despite these measures, some large corporate landlords aggressively filed to evict tenants during this crisis even as those companies did not suffer significant financial hardship,” it said.

The report recommended that, in future, watchdogs more aggressively monitor and enforce eviction moratoriums and do a better job of informing the public of their rights. It also said it needed to get aid to people in need faster, which could help prevent an eviction. Finally, it called for further investigation.

The battle between landlords and tenants continues.

[abbey1227]

Aug 2, 2022 15:52:48 GMT merh said:

Landlords Broke AC Units and Called CPS to Force Out Tenants During the Pandemic
A new report from Congress has detailed the ways four corporate landlords made big bucks while normal people suffered during the eviction moratorium.


The battle between landlords and tenants continues.

I love it. And still take the side of the property owner

I'm just shocked more units weren't just flat out burned to the ground during this time

[merh]

[merh]

[abbey1227]

Aug 6, 2022 23:28:46 GMT merh said:

wrong........you get a tax deduction as a home owner, as well.

Roommates are one answer to the problem.

And this has gotta be about the 5th thing I've seen in the last few days pointing out that the same minimum wage is now not nearly enough to afford the newest rates for apartments. Did all these morons forget about the rent moratorium? Didn't figure that'd come back to bite 'em all in the arse?

[merh]

San Diego rent can increase up to 10% after CA law
by: Zara Barker

Posted: Aug 1, 2022 / 10:47 PM PDT

Updated: Aug 2, 2022 / 08:14 AM PDT

SHARE
SAN DIEGO — Rent could increase up to 10 percent at tenant’s next renewal because of a California law.

A law passed in 2019 kicked back into effect on Aug. 1, because the federal eviction moratorium expired July 31.

The California Tenant Protection Act of 2019, or AB1482, limits annual rent increases to no more than 5%, plus the local Consumer Price Index (the inflation rate), or 10%, whichever is lower. Since inflation is so high, a 10% rent increase is lower than 5%, plus the local inflation rate.

[abbey1227]

Jul 12, 2022 10:31:44 GMT merh said:

Like Florida?

Ever see The Cocoanuts (1929)?
First Marx Brothers film based on their Broadway play.

The Cocoanuts is set in the Hotel de Cocoanut, a resort hotel, during the Florida land boom of the 1920s.

The Florida land boom of the 1920s was Florida's first real estate bubble. . The story includes many parallels to the real estate boom of the 2000s, including the forces of outside speculators, easy credit access for buyers, and rapidly appreciating property values, ending in a financial collapse that ruined thousands of investors and property owners, and crippled the local economy for years thereafter.

Yeah, sorta........except it's modern day USA where the DNR and other agencies are supposed to exist. 

I vaguely remember watching it.

I did recently give Glengarry Glen Ross (1992) a rewatch, though. Much more serious film, but similar games

What's the point of bringing up how Florida was 100 years ago? You figure the rest of the planet was much better?

[merh]

[abbey1227]

Aug 11, 2022 22:58:37 GMT merh said:

Renter Alex shall be henceforth known as 'peon bitch'

[merh]

Did you see Dr Oz lied about how many houses he owns?
When asked "2"
He owns 10.
Can you even imagine that?

[abbey1227]

Aug 18, 2022 20:13:32 GMT merh said:

Did you see Dr Oz lied about how many houses he owns?
When asked "2"
He owns 10.
Can you even imagine that?

Maybe his response was for personal homes? As opposed to multiple rental properties? 

How did he achieve such success? He's got more homes than Bernie  

from Yahoo...........   (The publication also notes that Oz’s wife has two properties of her own, located in Maine and New Jersey.) While Oz obviously doesn’t make personal use of his many properties from a residential standpoint, he is still their legal owner — and, thus, earns a nice chunk of change from rental income.)

And THERE'S the real sin, amiright?

[merh]

Aug 19, 2022 12:40:00 GMT abbey1227 said:

Aug 18, 2022 20:13:32 GMT merh said:

Did you see Dr Oz lied about how many houses he owns?
When asked "2"
He owns 10.
Can you even imagine that?

Maybe his response was for personal homes? As opposed to multiple rental properties? 

How did he achieve such success? He's got more homes than Bernie  

from Yahoo...........   (The publication also notes that Oz’s wife has two properties of her own, located in Maine and New Jersey.) While Oz obviously doesn’t make personal use of his many properties from a residential standpoint, he is still their legal owner — and, thus, earns a nice chunk of change from rental income.)

And THERE'S the real sin, amiright?

The issue is he is elite.
He did a commercial about making a part plate of veggies. Called it some fancy drench word instead of a veggies tray like most of us.

He apparently lived in New Jersey, but is trying to sell he lives in Pennsylvania.  He botched the store name, merging a Pennsylvania store with one common in Jersey.

So why not admit his success?
Why hide he owns 10 houses?
Shouldn't he brag how successful he is?

So he's been busted for hiring illegals. So has Trump’s properties.


Or is he trying to appear working class?

Did you see Bannon is trying to help by saying the democrat running against Oz is a Satanist? 
He's actually Jewish,  but hey, Christians have attacked jews as satanic & evil?

[abbey1227]

Aug 19, 2022 16:54:12 GMT merh said:

The issue is he is elite.
He did a commercial about making a part plate of veggies. Called it some fancy drench word instead of a veggies tray like most of us.

He apparently lived in New Jersey, but is trying to sell he lives in Pennsylvania.  He botched the store name, merging a Pennsylvania store with one common in Jersey.

So why not admit his success?
Why hide he owns 10 houses?
Shouldn't he brag how successful he is?

So he's been busted for hiring illegals. So has Trump’s properties.
Or is he trying to appear working class?

Did you see Bannon is trying to help by saying the democrat running against Oz is a Satanist? 
He's actually Jewish,  but hey, Christians have attacked jews as satanic & evil?

Was it charcuterie? That's one I'd never heard before, but suddenly tons of people were using it.  And we all know how we're all supposed to feel about the elite and successful people here in Amerika.

Again, these accusations are hilarious coming from Democrats. None of them move to get elected? None of them are positioned like that? Like Tacos or bodegas?

Ummmm, because when Trump did it he was called an elitist snob, braggart, liar, etc etc etc 

So hiring Illegals is bad? but letting them in, renting to them, giving them IDs and allowing them to vote.......perfectly kosher? You people

What religion is ALLOWED anymore? Can't it all be mocked at this point?

[merh]

Aug 20, 2022 1:57:45 GMT abbey1227 said:

Aug 19, 2022 16:54:12 GMT merh said:

The issue is he is elite.
He did a commercial about making a part plate of veggies. Called it some fancy drench word instead of a veggies tray like most of us.

He apparently lived in New Jersey, but is trying to sell he lives in Pennsylvania.  He botched the store name, merging a Pennsylvania store with one common in Jersey.

So why not admit his success?
Why hide he owns 10 houses?
Shouldn't he brag how successful he is?

So he's been busted for hiring illegals. So has Trump’s properties.
Or is he trying to appear working class?

Did you see Bannon is trying to help by saying the democrat running against Oz is a Satanist? 
He's actually Jewish,  but hey, Christians have attacked jews as satanic & evil?

Was it charcuterie? That's one I'd never heard before, but suddenly tons of people were using it.  And we all know how we're all supposed to feel about the elite and successful people here in Amerika.

Again, these accusations are hilarious coming from Democrats. None of them move to get elected? None of them are positioned like that? Like Tacos or bodegas?

Ummmm, because when Trump did it he was called an elitist snob, braggart, liar, etc etc etc 

So hiring Illegals is bad? but letting them in, renting to them, giving them IDs and allowing them to vote.......perfectly kosher? You people

What religion is ALLOWED anymore? Can't it all be mocked at this point?

Jews have been equated with Satan simply for their faith.

Fetterman was apparently brought up Christian. 

Still, Bannon calling someone a Satanist?

I keep saying if people like Trump wasn't hiring them, they wouldn't be coming. They know they can get work here.

Turn off the source.
No hiring them.
Fine the fuck out of the employers so they won't dare hire them.