* *

User

Welcome, Guest. Please login or register.

September 04, 2026, 09:37:11 AM

Login with username, password and session length

Recent

Stats

Members
  • Total Members: 142
  • Latest: Hal9000
Stats
  • Total Posts: 182465
  • Total Topics: 1506
  • Online Today: 329
  • Online Ever: 8243
  • (July 10, 2026, 02:18:36 PM)
Users Online
Users: 3
Guests: 97
Total: 100

« previous next »
Pages: 1 ... 249 250 [251] 252 253 ... 619   Go Down

wtf is wrong with the right?

  • 9277 Replies
  • 1094057 Views

0 Members and 12 Guests are viewing this topic.

*

murphstahoe

  • *****
  • 8573
  • +2073/-143
    • View Profile
Re: wtf is wrong with the right?
« Reply #3750 on: July 20, 2023, 09:46:37 AM »
Quote from: Tempo34 on July 20, 2023, 06:48:10 AM
Not xenophobic IMO. Responsible. Just as we need to put a stop to corporations (American or otherwise) burying up so much housing.

Why? If they are being renovated and rented out to tenants, isn't that a positive?
Logged
*

Reacher

  • *****
  • 40793
  • +1098/-1093
  • You should see my passer rating
    • View Profile
Re: wtf is wrong with the right?
« Reply #3751 on: July 20, 2023, 10:31:49 AM »
Logged
“These are lawyers! That’s Latin for liar.” - Gob Bluth
*

Reacher

  • *****
  • 40793
  • +1098/-1093
  • You should see my passer rating
    • View Profile
Re: wtf is wrong with the right?
« Reply #3752 on: July 20, 2023, 10:34:19 AM »
Logged
“These are lawyers! That’s Latin for liar.” - Gob Bluth
*

murphstahoe

  • *****
  • 8573
  • +2073/-143
    • View Profile
Re: wtf is wrong with the right?
« Reply #3753 on: July 20, 2023, 10:35:12 AM »
Quote from: Tempo34 on July 20, 2023, 10:34:19 AM
https://racketmn.com/should-minnesota-ban-corporate-landlords-from-buying-up-single-family-homes

I am not sure I agree with the thesis that single family homes should not be part of the rental stock
Logged
*

Reacher

  • *****
  • 40793
  • +1098/-1093
  • You should see my passer rating
    • View Profile
Re: wtf is wrong with the right?
« Reply #3754 on: July 20, 2023, 10:35:39 AM »
Logged
“These are lawyers! That’s Latin for liar.” - Gob Bluth
*

Reacher

  • *****
  • 40793
  • +1098/-1093
  • You should see my passer rating
    • View Profile
Re: wtf is wrong with the right?
« Reply #3755 on: July 20, 2023, 10:36:53 AM »
Logged
“These are lawyers! That’s Latin for liar.” - Gob Bluth
*

murphstahoe

  • *****
  • 8573
  • +2073/-143
    • View Profile
Re: wtf is wrong with the right?
« Reply #3756 on: July 20, 2023, 10:41:27 AM »
Quote from: Tempo34 on July 20, 2023, 10:34:19 AM
https://racketmn.com/should-minnesota-ban-corporate-landlords-from-buying-up-single-family-homes

Or stop them from buying up all these single-family homes, which also prevents people from becoming first-time homebuyers in a lot of these markets?

Presuming a functional marketplace, there will be an equilibrium between rents you can accrue and prices that homes sell for. If prices go too high, the properties cease to be attractive as a rental and corporations would sell. There is no real functional difference between one corporation buying a bunch of properties and a bunch of non-banned individuals buying income properties - from a housing price standpoint.

If this legislator wants to lower home prices for first time home buyers, the tactic is "Build more homes". The reason rents go up to the point where it becomes interesting to companies to buy up homes to rent them out, is because legislators cowtow to *current* homeowners to restrict zoning and prevent more construction, because the current homeowners benefit from increasing home prices.
Logged
*

murphstahoe

  • *****
  • 8573
  • +2073/-143
    • View Profile
Re: wtf is wrong with the right?
« Reply #3757 on: July 20, 2023, 10:44:24 AM »
Quote from: Tempo34 on July 20, 2023, 10:36:53 AM
https://www.sandiegouniontribune.com/opinion/commentary/story/2022-10-18/flavia-mangan-colgan-commentary-single-family-homes-investors

In San Diego, high housing prices have somewhat insulated the area from corporate investors

Translation: San Diego has underbuilt because current owners have prevented added construction. The problem is self inflicted, and the solution is bogus. If you have a deficit of homes, you have a deficit of homes.
Logged
*

ThePAMan

  • *****
  • 32537
  • +617/-2482
  • Because "PussyMan" and "PenisMan" were trademarked
    • View Profile
Re: wtf is wrong with the right?
« Reply #3758 on: July 20, 2023, 11:04:09 AM »
Tempo, you have to understand that Murph has invested in the funds that are buying up these single family houses and renting them out.
Logged
Mark Carman: "The Whitlock!...Caleb Williams failed Wayne Whitlock." Been told I need to take my dick out my mouth so maybe I "wont [sic] sound like such a fucking faggot all the time[.]"

Tempo: "PAMan is a pot stirrer and agent provocateur"
*

Reacher

  • *****
  • 40793
  • +1098/-1093
  • You should see my passer rating
    • View Profile
Re: wtf is wrong with the right?
« Reply #3759 on: July 20, 2023, 11:29:00 AM »
I’m not a real estate expert, but I don’t think “we ain’t got no homes,” isn’t a reason first time buyers struggle to get into a home. The rate at which corporations are buying homes and property is skyrocketing. There are reasons for that, and some of them are alarming. Wall Street is not interested in housing America and building neighborhoods. Only profits.
Logged
“These are lawyers! That’s Latin for liar.” - Gob Bluth
*

Reacher

  • *****
  • 40793
  • +1098/-1093
  • You should see my passer rating
    • View Profile
Re: wtf is wrong with the right?
« Reply #3760 on: July 20, 2023, 11:31:00 AM »
If Joe and Anne Black from Duluth want to buy, fix up, and rent out a home, that’s a healthy way to go about it. Hedge fund billionaires shouldn’t be in charge of large swaths of housing.
Logged
“These are lawyers! That’s Latin for liar.” - Gob Bluth
*

ThePAMan

  • *****
  • 32537
  • +617/-2482
  • Because "PussyMan" and "PenisMan" were trademarked
    • View Profile
Re: wtf is wrong with the right?
« Reply #3761 on: July 20, 2023, 11:42:07 AM »
Quote from: Tempo34 on July 20, 2023, 11:31:00 AM
If Joe and Anne Black from Duluth want to buy, fix up, and rent out a home, that’s a healthy way to go about it. Hedge fund billionaires shouldn’t be in charge of large swaths of housing.

Murph was a big fan of Pottersville in It's A Wonderful Life.
Logged
Mark Carman: "The Whitlock!...Caleb Williams failed Wayne Whitlock." Been told I need to take my dick out my mouth so maybe I "wont [sic] sound like such a fucking faggot all the time[.]"

Tempo: "PAMan is a pot stirrer and agent provocateur"
*

murphstahoe

  • *****
  • 8573
  • +2073/-143
    • View Profile
Re: wtf is wrong with the right?
« Reply #3762 on: July 20, 2023, 12:04:11 PM »
Quote from: Tempo34 on July 20, 2023, 11:29:00 AM
I’m not a real estate expert, but I don’t think “we ain’t got no homes,” isn’t a reason first time buyers struggle to get into a home. The rate at which corporations are buying homes and property is skyrocketing. There are reasons for that, and some of them are alarming. Wall Street is not interested in housing America and building neighborhoods. Only profits.

If a property can be rented out for an amount of money that makes sense given the purchase price, that's gonna drive the price up, period.

You're also dismissing that a lot of these homes also require a lot of additional capital backing because they are distressed homes, that your struggling first time home buyer isn't going to be able to purchase because they are taking on a new nut in the tens of thousands to make the home habitable.

And no - there ain't no homes. The US has a deficit of hundreds of thousands of homes.
Logged
*

murphstahoe

  • *****
  • 8573
  • +2073/-143
    • View Profile
Re: wtf is wrong with the right?
« Reply #3763 on: July 20, 2023, 12:05:35 PM »
Quote from: Tempo34 on July 20, 2023, 11:31:00 AM
If Joe and Anne Black from Duluth want to buy, fix up, and rent out a home, that’s a healthy way to go about it. Hedge fund billionaires shouldn’t be in charge of large swaths of housing.

What is the functional difference between Joe and Anne getting in the way of Tom and Mary, or a company?

If prices are low, that void will be filled. Just because this seems more efficient doesn't change that fact. When you get down to it, these companies represent shareholders named Joe and Anne.
Logged
*

murphstahoe

  • *****
  • 8573
  • +2073/-143
    • View Profile
Re: wtf is wrong with the right?
« Reply #3764 on: July 20, 2023, 12:05:56 PM »
Quote from: ThePAMan on July 20, 2023, 11:42:07 AM
Murph was a big fan of Pottersville in It's A Wonderful Life.

And you're a communist. Go figure
Logged
Pages: 1 ... 249 250 [251] 252 253 ... 619   Go Up
« previous next »