my wife and I are looking for an apartment and were just turned down because we have a one year old. Fuck kids, I guess. (not in the US - apparently discrimination is legal here).
my wife and I are looking for an apartment and were just turned down because we have a one year old. Fuck kids, I guess. (not in the US - apparently discrimination is legal here).
This is one of those hell world things that makes me laugh and cry at the same time. In my city they're constantly tearing down family homes and multi family apartments and replacing them with "luxury studios". Then we get a slew of articles about how THE CITY IS DYING and EVERYONE IS MOVING OUT and WHY ISN'T ANYONE HAVING FAMILIES.
Like damn dude I wonder. It's not the 0.01% tax rate increase the article keeps harping on. It's because the city refuses to develop homes for people to live in. There's nowhere to live except shitty overpriced luxury studios, and those are all half empty. You can't sustain an entire city on 20 year old tech bros, the city needs to be planned around having places for everyone to live.
Understand that housing in America isn't for Americans to live in. It is largely an investment opportunity for foreigners. If they keep their money in their own countries it'll either be taxed out of existence or lose its value as the government ruins the currency. But if they park that money in America, they get to keep it.
But they should rent it, you say? They're losing money by keeping it empty, you say? It's a way to safely park money. They don't really care if they collect rent or not. Honestly many would rather not as it's a lot of trouble. They don't want to be called when the upstairs toilet is leaking, or have the bother of hiring a management company. So, they buy unit after unit, and suddenly there's no place to live.
Any financialbro will tell you that a house is the only investment you can live in. That's why they're many people's first investment, or only investment.
I've heard of some apartments bringing in more in application fees than they'd bring in a month by being rented, so they may not even be losing money keeping it empty. The most rational economic system btw :)
Oh yes, fully aware. This was our argument during the city meeting. Of course, the developer had a big chunk of time to discuss their plans, and we only had the open floor time (which was very short) to discuss our side about how, you know, housing should be a service the city plans for people to live in.
But of course capitalism won out in the end, as it always does. No small wonder that our local government representative at that meeting was primarily funded by the developer who bought that school building for pennies on the dollar.
yeah like I have a PhD and my wife is pretty well paid, and we're gonna end up spending a quarter of our income on rent when we move. Where are people who make minimum wage supposed to live? Fucking underground?
I went to a city meeting near me a few years ago to protest one of these mega studio complexes that was going into a school. The argument was we should close the school, put studios in there, and then use the tax money to open a new school (yeah wtf?)
The developer pulled up a chart that related to age and family size and how much income they WANT to spend on rent. Yeah, WANT. The age bracket they were targeting was, according to their fancy chart, WANTING to pay 50% of their income on rent. WANTING to pay. For a studio.
That school is now a luxury studio complex and kids have to go to a different neighborhood to learn. But it's cool because you can go get coffee on the old school gym now! The floor is still original!
But sure it's the taxes that are forcing families out.
absolutely vile
Yeah I hate that shit too. Or the slew of "why don't kids play outside anymore" well it's 117f outside, maybe start there?
Oh that one really gets me. Kids don't play outside anymore because it's literally illegal for them to play outside. If they're kids they can't go out because it's illegal to be outside without direct supervision and if they're young adults they can't go outside because they're "loitering" or "disturbing the peace" or whatever.
Not just Bikes did a good video on it...I'm not sure if it's this one or not but maybe this will help you find it if you're interested https://youtu.be/oHlpmxLTxpw