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Increasing Crime & Homelessness due to inflation
Jul 22, 2022 12:29:38   #
Haski123
 
Let’s try to get ahead of this one: History has shown that when cost of essentials( food, lodging-rent, gas) crimes increase and excessive rent makes rental properties( rise in Home values & interest ,making homes unaffordable to buy for middle & low income people forcing them to rent). Rental properties being bought up by investment companies with eye on Return on Investment(ROI), little to no restrictions on amount of rental increases will drive people on day to day cash flow to become homeless. I’d like to hear ideas to prevent this surge. I h**e regulations but firms will take wh**ever steps needed to improve ROI. Evictions are coming. I have a few ideas: cap rent increases to % or CPI( like Social Security), give longer notices on increases(3-6 months) to allow people to budget, find more income sources, etc., these things protect landlords and renters. Meet with landlords to get their thoughts on how to retain renters, control rental costs and maintain reasonable rental income. Control purchases of existing single family homes not allowing investor/ corp buyouts. Not big on subsidies but we do it for many other areas & shelter is a basic need. It’s here already but coming like a tidal wave soon, let’s get ahead of it. Most areas are already behind in low income housing catch that up as well. Thoughts?

Reply
Jul 22, 2022 13:01:19   #
WinkyTink Loc: Hill Country, TX
 
Haski123 wrote:
Let’s try to get ahead of this one: History has shown that when cost of essentials( food, lodging-rent, gas) crimes increase and excessive rent makes rental properties( rise in Home values & interest ,making homes unaffordable to buy for middle & low income people forcing them to rent). Rental properties being bought up by investment companies with eye on Return on Investment(ROI), little to no restrictions on amount of rental increases will drive people on day to day cash flow to become homeless. I’d like to hear ideas to prevent this surge. I h**e regulations but firms will take wh**ever steps needed to improve ROI. Evictions are coming. I have a few ideas: cap rent increases to % or CPI( like Social Security), give longer notices on increases(3-6 months) to allow people to budget, find more income sources, etc., these things protect landlords and renters. Meet with landlords to get their thoughts on how to retain renters, control rental costs and maintain reasonable rental income. Control purchases of existing single family homes not allowing investor/ corp buyouts. Not big on subsidies but we do it for many other areas & shelter is a basic need. It’s here already but coming like a tidal wave soon, let’s get ahead of it. Most areas are already behind in low income housing catch that up as well. Thoughts?
Let’s try to get ahead of this one: History has sh... (show quote)


As a 30 year veteran of rental property ownership, your ideas are cute but not useful. One the first lessons you learn as a property owner is to rotate out tenants every year or max 2 years. Possibly, make an exception for putting them in a larger unit under your control. The reason is 1) exponential rehab costs associated with longer term tenants and 2) stay current with market rent rates.

Government control of what I buy? Are you nuts? I invest to earn income for me and my family while providing quality housing at market rates to those who want it.

My rents were raised every year without fail. I paid my kids to type the letters of increase.

As an adult, it is your responsibility to pay for your basic needs, not mine. Consider a tent or box. Low income housing, especially gubmint subsidized housing means you will deal with low income renters....yuk.

Keep your grubby paws out of my business.

Reply
Jul 22, 2022 13:29:16   #
Milosia2 Loc: Cleveland Ohio
 
Haski123 wrote:
Let’s try to get ahead of this one: History has shown that when cost of essentials( food, lodging-rent, gas) crimes increase and excessive rent makes rental properties( rise in Home values & interest ,making homes unaffordable to buy for middle & low income people forcing them to rent). Rental properties being bought up by investment companies with eye on Return on Investment(ROI), little to no restrictions on amount of rental increases will drive people on day to day cash flow to become homeless. I’d like to hear ideas to prevent this surge. I h**e regulations but firms will take wh**ever steps needed to improve ROI. Evictions are coming. I have a few ideas: cap rent increases to % or CPI( like Social Security), give longer notices on increases(3-6 months) to allow people to budget, find more income sources, etc., these things protect landlords and renters. Meet with landlords to get their thoughts on how to retain renters, control rental costs and maintain reasonable rental income. Control purchases of existing single family homes not allowing investor/ corp buyouts. Not big on subsidies but we do it for many other areas & shelter is a basic need. It’s here already but coming like a tidal wave soon, let’s get ahead of it. Most areas are already behind in low income housing catch that up as well. Thoughts?
Let’s try to get ahead of this one: History has sh... (show quote)


The poverty being created today lies solely on UnRegulated Capitalism.
2 people now own the equivalent wealth of
48% if the population.
Sit back and back and relax , the water temp is just right.

Reply
 
 
Jul 22, 2022 13:56:53   #
Haski123
 
WinkyTink wrote:
As a 30 year veteran of rental property ownership, your ideas are cute but not useful. One the first lessons you learn as a property owner is to rotate out tenants every year or max 2 years. Possibly, make an exception for putting them in a larger unit under your control. The reason is 1) exponential rehab costs associated with longer term tenants and 2) stay current with market rent rates.

Government control of what I buy? Are you nuts? I invest to earn income for me and my family while providing quality housing at market rates to those who want it.

My rents were raised every year without fail. I paid my kids to type the letters of increase.

As an adult, it is your responsibility to pay for your basic needs, not mine. Consider a tent or box. Low income housing, especially gubmint subsidized housing means you will deal with low income renters....yuk.

Keep your grubby paws out of my business.
As a 30 year veteran of rental property ownership,... (show quote)

Yes, you have to make money as well, I agree, So based on raising rents every year and inflation you don’t feel more people will become homeless and that their current job won’t support higher rents or don’t care that more people will become homeless? Where do you propose people that can’t afford rent stay?

Reply
Jul 22, 2022 14:07:30   #
Wonttakeitanymore
 
Haski123 wrote:
Let’s try to get ahead of this one: History has shown that when cost of essentials( food, lodging-rent, gas) crimes increase and excessive rent makes rental properties( rise in Home values & interest ,making homes unaffordable to buy for middle & low income people forcing them to rent). Rental properties being bought up by investment companies with eye on Return on Investment(ROI), little to no restrictions on amount of rental increases will drive people on day to day cash flow to become homeless. I’d like to hear ideas to prevent this surge. I h**e regulations but firms will take wh**ever steps needed to improve ROI. Evictions are coming. I have a few ideas: cap rent increases to % or CPI( like Social Security), give longer notices on increases(3-6 months) to allow people to budget, find more income sources, etc., these things protect landlords and renters. Meet with landlords to get their thoughts on how to retain renters, control rental costs and maintain reasonable rental income. Control purchases of existing single family homes not allowing investor/ corp buyouts. Not big on subsidies but we do it for many other areas & shelter is a basic need. It’s here already but coming like a tidal wave soon, let’s get ahead of it. Most areas are already behind in low income housing catch that up as well. Thoughts?
Let’s try to get ahead of this one: History has sh... (show quote)

Squatters have not paid in two years and in cally they v**ed against rent control! Who says i******s don’t v**e or get free rent and healthcare!

Reply
Jul 22, 2022 14:09:24   #
WinkyTink Loc: Hill Country, TX
 
Haski123 wrote:
Yes, you have to make money as well, I agree, So based on raising rents every year and inflation you don’t feel more people will become homeless and that their current job won’t support higher rents or don’t care that more people will become homeless? Where do you propose people that can’t afford rent stay?


Homelessness is largely a product of addiction and poor mental health. I propose that people work to achieve their goals, wh**ever they may be, and depend on the family, church and friends to help and guide them through crisis. The government has no business handing out welfare or crutches that enable irresponsible behavior. I am in favor of building back government nuthouses to cordon off those who won't/can't tend to themselves from the rest of us productive people.

Reply
Jul 22, 2022 14:14:32   #
LogicallyRight Loc: Chicago
 
Milosia2 wrote:
The poverty being created today lies solely on UnRegulated Capitalism.
2 people now own the equivalent wealth of
48% if the population.
Sit back and back and relax , the water temp is just right.


Flush flush

Reply
 
 
Jul 22, 2022 14:29:55   #
Haski123
 
Milosia2 wrote:
The poverty being created today lies solely on UnRegulated Capitalism.
2 people now own the equivalent wealth of
48% if the population.
Sit back and back and relax , the water temp is just right.


I hear you there, do you think a type of tax that makes wealthy top 1-10% pay a fair share( higher than currently) would help, maybe similar like excess or windfall earning tax on corporation, I know work is being done to assess USA corp earning currently claimed in offshore low tax countries vs paid in USA. I was a purchasing agent and had a supplier send me a check in Jan because our volumes & their profits were higher than expected and they wanted to share the windfall with us. While that was a first and last time I saw that myself the fairness approach is to be applauded. That surely doesn’t happen much in the business world today. Maybe we should do something about stock buy backs as well . Any other thoughts to balance the playing field and move wealth distribution more to the owner/ mid income folks? I have seen some companies give significant across the board increases to employees when run of good years happened, but few and far between.

Reply
Jul 22, 2022 14:43:56   #
Haski123
 
WinkyTink wrote:
Homelessness is largely a product of addiction and poor mental health. I propose that people work to achieve their goals, wh**ever they may be, and depend on the family, church and friends to help and guide them through crisis. The government has no business handing out welfare or crutches that enable irresponsible behavior. I am in favor of building back government nuthouses to cordon off those who won't/can't tend to themselves from the rest of us productive people.


You are right: the two items you mentioned are in the top five causes for homelessness: Not in any order, Substance abuse, housing costs, escaping domestic violence, poverty, disabilities and mental health. Next five are: lack of affordable healthcare, racial ine******y, family conflict, systemic failures to address previously mentioned factors.Non profits can help some of these, many items are related to situational issues vs irresponsible behavior( sudden job loss, spouse violence, salary to low to afford healthcare/ rent raised, severe health issue or accidental disability, racial ine******y), how do we support people in those types of situations? I know some people have two or more jobs just to make ends meet. Tough one to solve, must be multifaceted approach, just not sure what that is.

Reply
Jul 22, 2022 15:14:28   #
WinkyTink Loc: Hill Country, TX
 
Haski123 wrote:
You are right: the two items you mentioned are in the top five causes for homelessness: Not in any order, Substance abuse, housing costs, escaping domestic violence, poverty, disabilities and mental health. Next five are: lack of affordable healthcare, racial ine******y, family conflict, systemic failures to address previously mentioned factors.Non profits can help some of these, many items are related to situational issues vs irresponsible behavior( sudden job loss, spouse violence, salary to low to afford healthcare/ rent raised, severe health issue or accidental disability, racial ine******y), how do we support people in those types of situations? I know some people have two or more jobs just to make ends meet. Tough one to solve, must be multifaceted approach, just not sure what that is.
You are right: the two items you mentioned are in ... (show quote)


Most of what you speak of are not problems for government to solve. They are the result of mostly poor, individual decisions. I have empathy for those but am not obligated to provide for anyone besides my family, church and friends, particularly through forced government extraction of my funds. Those who seriously work hard, work smart, hustle, maintain good attitude, take risks and use ingenuity do well for themselves. From there it's a sliding scale downward.

There are many subsidies for the poor, unsk**led, addicted and general downtrodden. Many of the programs have rules that many of the downtrodden don't care to follow. Too bad.

Reply
Jul 23, 2022 07:17:34   #
Ronald Hatt Loc: Lansing, Mich
 
Haski123 wrote:
Let’s try to get ahead of this one: History has shown that when cost of essentials( food, lodging-rent, gas) crimes increase and excessive rent makes rental properties( rise in Home values & interest ,making homes unaffordable to buy for middle & low income people forcing them to rent). Rental properties being bought up by investment companies with eye on Return on Investment(ROI), little to no restrictions on amount of rental increases will drive people on day to day cash flow to become homeless. I’d like to hear ideas to prevent this surge. I h**e regulations but firms will take wh**ever steps needed to improve ROI. Evictions are coming. I have a few ideas: cap rent increases to % or CPI( like Social Security), give longer notices on increases(3-6 months) to allow people to budget, find more income sources, etc., these things protect landlords and renters. Meet with landlords to get their thoughts on how to retain renters, control rental costs and maintain reasonable rental income. Control purchases of existing single family homes not allowing investor/ corp buyouts. Not big on subsidies but we do it for many other areas & shelter is a basic need. It’s here already but coming like a tidal wave soon, let’s get ahead of it. Most areas are already behind in low income housing catch that up as well. Thoughts?
Let’s try to get ahead of this one: History has sh... (show quote)


All the "perceived solutions" man can try to come up with.....will not change Human failings, mental illness, **Low IQ**, Poverty, inability to produce meaningful life styles....*inactive motivation....

Human nature teems with all the negative assets, needed to produce the present American dilemma, of "HOMELESSNESS"!

Why have not "Politicians"....DONE SOMETHING ABOUT THIS STINKING MESS"?

Reply
 
 
Jul 23, 2022 08:59:23   #
WinkyTink Loc: Hill Country, TX
 
Ronald Hatt wrote:
All the "perceived solutions" man can try to come up with.....will not change Human failings, mental illness, **Low IQ**, Poverty, inability to produce meaningful life styles....*inactive motivation....

Human nature teems with all the negative assets, needed to produce the present American dilemma, of "HOMELESSNESS"!

Why have not "Politicians"....DONE SOMETHING ABOUT THIS STINKING MESS"?
All the "perceived solutions" man can tr... (show quote)


After e******n, priority #1 becomes getting re-elected.

It takes vision and fortitude to solve difficult problems. Showing those traits has proven to be controversial and divides the e*****rate.

See priority #1 above.

Homelessness & immigration/ border control are good examples.

How has it become ok to not just use public property to to live and s**t there?

Tolerance is not always virtuous.

Reply
Aug 4, 2022 12:45:54   #
Haski123
 
WinkyTink wrote:
After e******n, priority #1 becomes getting re-elected.

It takes vision and fortitude to solve difficult problems. Showing those traits has proven to be controversial and divides the e*****rate.

See priority #1 above.

Homelessness & immigration/ border control are good examples.

How has it become ok to not just use public property to to live and s**t there?
FYI- here’s the response I got from the WH- Thank you for writing to me about housing in America.

A home isn’t just a building; it’s a place where we can live with security and dignity, watch our families grow, and build wealth that we can pass down to our children and grandchildren. Everyone deserves the peace of mind that comes from having a safe and secure roof over their heads.

However, millions of Americans cannot keep up with skyrocketing rent or afford to purchase a new home. The housing affordability crisis hurts economic growth, fosters ine******y, and exacerbates a range of other challenges, including c*****e c****e. The problem has gotten worse since the p******c began, but over the past decade and a half, we have failed to build enough homes to keep up with demand. This mismatch between supply and demand has driven prices higher in communities across the country.

My Administration is committed to helping keep people in their homes by protecting renters and homeowners who are still experiencing financial shock from the C****-** crisis. To tackle the root causes of housing affordability, we are working to boost the supply of single-family and multifamily housing, incentivize the construction of affordable housing, and relax exclusionary zoning policies.

But we can’t do this alone. My funding proposals to Congress include an historic $50 billion investment in housing supply to help us build more homes in communities throughout the country. We also need State and local governments to do their part, such as eliminating unnecessary barriers to housing production that drive up costs of development and costs for renters and potential homeowners.

Beyond working to build more homes, my Administration is also expanding rental assistance programs, increasing funding for affordable and public housing, and working to ensure that our most vulnerable citizens—including the elderly, homeless, and disabled—have access to quality housing. Finally, we are rooting out systemic discrimination from our housing market and breaking down unjust barriers that prevent too many Americans from buying a home and enjoying the full benefits of homeownership.

There is a lot of work to be done, but I am confident that we can live up to our Nation’s promise of safe and affordable housing for everyone. Thank you for sharing your thoughts on this important issue.

Sincerely,



Joe Biden signed letter. Looks like a form letter indicating they are taking needed actions they can take. Hope they

Thank you for writing to me about housing in America.

A home isn’t just a building; it’s a place where we can live with security and dignity, watch our families grow, and build wealth that we can pass down to our children and grandchildren. Everyone deserves the peace of mind that comes from having a safe and secure roof over their heads.

However, millions of Americans cannot keep up with skyrocketing rent or afford to purchase a new home. The housing affordability crisis hurts economic growth, fosters ine******y, and exacerbates a range of other challenges, including c*****e c****e. The problem has gotten worse since the p******c began, but over the past decade and a half, we have failed to build enough homes to keep up with demand. This mismatch between supply and demand has driven prices higher in communities across the country.

My Administration is committed to helping keep people in their homes by protecting renters and homeowners who are still experiencing financial shock from the C****-** crisis. To tackle the root causes of housing affordability, we are working to boost the supply of single-family and multifamily housing, incentivize the construction of affordable housing, and relax exclusionary zoning policies.

But we can’t do this alone. My funding proposals to Congress include an historic $50 billion investment in housing supply to help us build more homes in communities throughout the country. We also need State and local governments to do their part, such as eliminating unnecessary barriers to housing production that drive up costs of development and costs for renters and potential homeowners.

Beyond working to build more homes, my Administration is also expanding rental assistance programs, increasing funding for affordable and public housing, and working to ensure that our most vulnerable citizens—including the elderly, homeless, and disabled—have access to quality housing. Finally, we are rooting out systemic discrimination from our housing market and breaking down unjust barriers that prevent too many Americans from buying a home and enjoying the full benefits of homeownership.

There is a lot of work to be done, but I am confident that we can live up to our Nation’s promise of safe and affordable housing for everyone. Thank you for sharing your thoughts on this important issue.

Sincerely,




Joe Biden signed it. Looks like form letter response indicating the WH is aware and doing all they can, hoping bills referenced passed or are passed. Asking others to do their part. My interpretation is issue is not deemed new or escalating problem and fixes are in place. Personally not pleased with response-BAU and not working well today to fix issues. Sharing.
Tolerance is not always virtuous.
After e******n, priority #1 becomes getting re-ele... (show quote)

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