- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: In New Orleans and elsewhere a big topic is gentrification.
Posted on 5/15/21 at 4:49 pm to cajunandy
Posted on 5/15/21 at 4:49 pm to cajunandy
quote:
they do own the property just none 100% of the property.
Do these minority owners typically pay their fair share of the property taxes? Or do they just allow that obligation to go unpaid or make someone else pick up the slack?
1
Posted on 5/15/21 at 4:54 pm to cajunandy
quote:
they do own the property just none 100% of the property.
Yes. Your example had them owning 5% of the property. So, they now have a 25k stake in a house when before they had a 5k stake.
Of course someone who only owns a small percentage of an asset will benefit less than someone who owns 100% of it when the assets value increases.
That reality doesn’t address gentrification at all.
Posted on 5/15/21 at 4:55 pm to tigercross
I have seen some rotate the paying of taxes, some let the taxes go unpaid.
Posted on 5/15/21 at 4:58 pm to moneyg
and in your example they had a 400k interest. The point I am trying to make is that some will get priced out of there house and not reap a windfall.
Posted on 5/15/21 at 5:09 pm to cajunandy
quote:
and in your example they had a 400k interest. The point I am trying to make is that some will get priced out of there house
It’s not their house in your example.
You want to pretend it’s their house in one breath to maximize their loss while using the fact that it’s not their house in another breath to minimize the benefit.
Posted on 5/15/21 at 5:10 pm to cajunandy
quote:
I have seen some rotate the paying of taxes
So your make believe owner has to pay high taxes one year out of 20.
Posted on 5/15/21 at 5:21 pm to moneyg
I never said it was not there house. It is possible to co won a house with your relatives. And I have not minimized the benefit. These people are living in a house that they own with others rent free. That would be a huge benefit.
Posted on 5/15/21 at 5:23 pm to Napoleon
Probably because a lot of those houses are being rented to low income people through Section 8 or some other program and once property values go up, so does rent.
The government is only going to pay so much a month for a house for LaShonda and her 6 kids by 4 different "Baby Daddy's" to live in.
The government is only going to pay so much a month for a house for LaShonda and her 6 kids by 4 different "Baby Daddy's" to live in.
Posted on 5/15/21 at 5:24 pm to moneyg
how exactly are they "make believe owner"?
Posted on 5/15/21 at 5:25 pm to Napoleon
Don't look for rationality. These people will bitch regardless of what happens.
Posted on 5/15/21 at 5:25 pm to Chuck Barris
quote:
Imagine that you rent the above house for $700 a month. Of course you'd like to live somewhere nicer, but you need affordable housing, it's close to your job, and your elderly mom lives right down the street so that makes it easier to look after her.
When the $100k house you've been renting turns into a $500k house, your rent goes up significantly. You either dig deeper every month to pay rent or you're forced to move, which means giving up everything you liked about the place where you used to live plus all the expense and hassle of moving.
If you’re a renter, who cares what you think?
I can’t think of anything less relevant than the opinion of a renter.
Posted on 5/15/21 at 5:32 pm to cajunandy
quote:
I never said it was not there house
You said it WAS “there” house...while simultaneously using an hypothetical that they didn’t own their house.
quote:
And I have not minimized the benefit.
You are using the fact that they don’t own much of the house to make a point about the limited benefit. But you don’t do the same when discussing the negative impact.
quote:
These people are living in a house that they own with others rent free. That would be a huge benefit.
That’s a benefit of their shared ownership. Has anyone discussed or argues that at all? You seem lost in the weeds. The discussion is whether these people are harmed by gentrification. They aren’t.
And even if they were it doesn’t matter. They shouldn’t be able to control what others do simply because they’d prefer it didn’t happen.
Posted on 5/15/21 at 5:33 pm to cajunandy
quote:
how exactly are they "make believe owner"?
You made it up. It was an invention of your own mind.
Posted on 5/15/21 at 5:56 pm to sawtooth
quote:
Because you can never make the black community happy. Quit trying…
shut up pussy boy
Posted on 5/15/21 at 6:12 pm to Lester Earl
quote:
Put the money aspect to the side
Imagine you are black & all your neighbors were once back.
Now all your new neighbors are the average Tigerdroppings poster.
You ever read the shite posted here? What people actually say & think when they have anonymity.
Yea, those are your new neighbors. Not the family you grew up with for 2 generations. You get fr33’ator & Kafka instead of people you share cultural camaraderie with.
Yeah, kind of like New Orleans East, Gentilly, Algiers, the Ninth Ward, Woodmere, Fat City, etc. etc. etc.
This post was edited on 5/15/21 at 6:13 pm
Posted on 5/15/21 at 6:12 pm to Napoleon
Property taxes do need a capped raise percentage each year.
Posted on 5/15/21 at 7:30 pm to Ghostface_Killa
Just the truth, bitch. Deal with it. And stop being a victim.
Posted on 5/16/21 at 11:10 am to Lester Earl
My name ain’t a Dick so keep it out of your mouth Lester you low life piece of rat excrement.
I ain’t moving to shithole New Orleans so you don’t have to worry about your utopia of blight, decay, ignorance and senseless violence being disturbed by me.
You don’t know shite about me you moronic miscreant. I treat people how they present themselves and how they treat me regardless of their color or creed. So if I’m treating you shitty it’s because you fired the first shots.
The world is worse off because of people like you who would rather wallow in the purgatory of government dependency that spend a little time and effort to better the situation.
I spit on you.
I ain’t moving to shithole New Orleans so you don’t have to worry about your utopia of blight, decay, ignorance and senseless violence being disturbed by me.
You don’t know shite about me you moronic miscreant. I treat people how they present themselves and how they treat me regardless of their color or creed. So if I’m treating you shitty it’s because you fired the first shots.
The world is worse off because of people like you who would rather wallow in the purgatory of government dependency that spend a little time and effort to better the situation.
I spit on you.
Posted on 5/16/21 at 11:15 am to Vote4MikeAck504
quote:
Spike Lee is publicly telling white people to “get the frick out of Brooklyn.”
Brooklyn wasn’t always black
Posted on 5/16/21 at 11:22 am to Lester Earl
quote:
Imagine you are black & all your neighbors were once back…Yea, those are your new neighbors. Not the family you grew up with for 2 generations. You get fr33’ator & Kafka instead of people you share cultural camaraderie with.
You make blacks sound pathetically weak.
With gentrification they get killed a lot less, are around more with respect for all life in general, less crime, higher property values, better public schools, and so on.
All the things they blamed on white flight are now also racist to bring back area???
This post was edited on 5/16/21 at 11:37 pm
Page 4 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News