this post was submitted on 29 Apr 2024
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[–] [email protected] 20 points 6 months ago
[–] [email protected] 19 points 6 months ago* (last edited 6 months ago)

At my apartment complex, I made friends with the supervisor. He was asked to recalculate the rent, and because we were buds, was able to not raise rent on me. But he HAD to raise rent for new renters by 25%.

I asked if he gets anything out of it, like a raise... And he said no.

I moved out for other reasons. But it was kinda fucked up.

[–] [email protected] 115 points 6 months ago (1 children)

There are two kinds of landlords I've encountered over the years.

The first knew my name and would only raise my rent when their insurance and or property tax would increase, and would show me the bills as evidence. There was even a year when my rent got lowered because that year's assessment went down.

The second referred to my living space as a unit and spoke of my rent as below market that needed to catch up.

If you're renting, find the first landlord whenever possible, though it seems to get harder and harder to do so.

[–] [email protected] 33 points 6 months ago (6 children)

I suspect that when the government implements things like universal basic income, rents will increase with that amount the next day.

[–] [email protected] 4 points 6 months ago

This doesn't happen where UBI has been put into practice, and only happens in theory if you assume housing demand is perfectly inelastic. That's why it's a common suspicion.

[–] [email protected] 2 points 6 months ago

This why we need more supply

[–] [email protected] 6 points 6 months ago

A huge majority of politicians are landlords. They’re more represented than mining, tech, forestry, oil, agriculture, or any other big industry lobby group.

Rents will rise, but it’s by design.

[–] [email protected] 28 points 6 months ago* (last edited 6 months ago) (1 children)

I suspect that if the government were to implement UBI, this would be a concern they thought of and would have things within the same breath as the UBI itself to address it. It only comes up every single time UBI is mentioned.

[–] [email protected] 8 points 6 months ago (1 children)

Rent control is brought up as the solution. If it was that easy to implement, government could do it right now too.

[–] [email protected] 6 points 6 months ago

It is easy to implement, it's hard to enforce because not everyone is going to be forthcoming. My city is rent controlled, passed by a healthy margin, but not all landlords are self reporting. The protections still stand, renters needing to present to the renters department at city hall.

But your point stands in more conservative areas which would be inundated with campaign donations, ads, and just overall lack of faith in functioning government.

[–] [email protected] 12 points 6 months ago

Some argue of universal basic utility instead.

[–] [email protected] 49 points 6 months ago

This literally, down to the amount raised and the reason why, happened to me today.

[–] [email protected] 9 points 6 months ago

Shit...my wife just thought of a bigger diamond I could buy her.