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re: Oregon likely to become first state to enact state-wide control on rent
Posted on 1/26/19 at 2:41 am to cgrand
Posted on 1/26/19 at 2:41 am to cgrand
quote:
Oregon is beautiful and has a mostly homogeneous population with plenty of skilled labor and good jobs to go with it. Plus weed is legal
it’s just about perfect
If only you knew that the walls are crumbling within.
2
Posted on 1/26/19 at 2:47 am to LSUintheNW
Job market isn't all that either from what I hear.
eta- just took a look and it's up the past couple years.
eta- just took a look and it's up the past couple years.
This post was edited on 1/26/19 at 2:50 am
Posted on 1/26/19 at 2:52 am to northshorebamaman
Capitalism makes them rich, draws in the people, then somehow socialism seems to take hold until it becomes totalitarian.
Basically things get too good and the disparity too great and the downfall comes
Basically things get too good and the disparity too great and the downfall comes
Posted on 1/26/19 at 2:56 am to fr33manator
You still awake and drunk?
Posted on 1/26/19 at 2:58 am to Sao
Unless you are dreaming...what’s up?
Posted on 1/26/19 at 3:00 am to fr33manator
It's a rib. I can't sleep either.
Posted on 1/26/19 at 3:03 am to Sao
To the snack thread!
Posted on 1/26/19 at 3:21 am to HailHailtoMichigan!
This killed a bunch of development money. Easier to invest in Seattle or Denver now. Not a good deal for Oregon.
Posted on 1/26/19 at 3:32 am to jfturner212
Really seems like if that is true it would also open the market for developers. Might be naive but building w a low psf mindset, someone would take advantage of just above mean rent on a lean blueprint. Take equity as quickly as possible. Denver is very expensive today (cousin is a major mortgage lending co owner in Colorado... Kind of jealous of him).
Posted on 1/26/19 at 3:43 am to Sao
quote:But where? Land use policies are probably the biggest issue with rent in a lot of places out here. It preserves the beauty but it comes with a price tag.
Really seems like if that is true it would also open the market for developers.
Posted on 1/26/19 at 6:41 am to HailHailtoMichigan!
quote:
The cool thing is that other states can watch the experiment unfold and act accordingly.
No they won’t. It could be the worst experiment in the history of social experiments and some other dip shite socialist will say “it wasn’t done properly”.
Living wage failed through out Europe, just implemented in a CA town - case in point.
Socialist-Communists are always looking for a way to control people and their money.
Posted on 1/26/19 at 8:28 am to GetCocky11
The beaches in SoCal actually suck - unless you're a surfer. Water is freezing and the surf zone is way too rough for just normal swimming or snorkeling.
Posted on 1/26/19 at 8:41 am to HailHailtoMichigan!
All this does is guarantee 2 things:
1. Every apartment in the state will increase its rent 7% annually, regardless of location.
2. New apartment development will hit a brick wall as developers are not going to be as eager to develop apartments when sellers are capped on rent if the area is a hotspot. Whether this is a good thing or not depends on the housing situation.
1. Every apartment in the state will increase its rent 7% annually, regardless of location.
2. New apartment development will hit a brick wall as developers are not going to be as eager to develop apartments when sellers are capped on rent if the area is a hotspot. Whether this is a good thing or not depends on the housing situation.
Posted on 1/26/19 at 8:43 am to HailHailtoMichigan!
Property rights?
What property rights?
What property rights?
Posted on 1/26/19 at 9:34 am to HailHailtoMichigan!
Biggest issue to me is you can never evict a tenant, without cause. There’s no 1 year lease, etc. You get a tenant, you have them for life as long as they pay and behave.
Posted on 1/26/19 at 9:36 am to HailHailtoMichigan!
Posted on 1/26/19 at 9:39 am to LSUintheNW
Portland just imposed a 1% gross receipts tax on large companies for their "Clean Energy Fund". 
San Fran and a similar tax for the homeless. Unreal.
San Fran and a similar tax for the homeless. Unreal.
Posted on 1/26/19 at 9:40 am to HailHailtoMichigan!
Wanna have a statewide housing shortage? Cause this is how you get one.
Posted on 1/26/19 at 9:43 am to tduecen
quote:
Some of the things the west coast does makes me wonder why people live in the area. The beaches and weather can't be that great
You think most people would mind knowing their rent can't be jacked sky high arbitrarily?
Posted on 1/26/19 at 9:45 am to Sayre
quote:
You think most people would mind knowing their rent can't be jacked sky high arbitrarily?
Another economic genius
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