Rental Control in California to help the homeless.

Gee, I’m not an expert, but it seems to me that this will have a disastrous effect on real estate prices and assessments, which in turn effects tax base.

No point in owning investment rental property in California anymore.

Never interrupt your enemy while he is destroying himself...

That's in the article, it's going to be disastrous for real estate.

The irony is that the new building codes are loaded with new green requirements that comes in at a price tag of close to $10,000 for all new building. So we raise the cost to build all dwellings in California and then tell individuals how much they can charge for such a dwelling.

All the while the increasing minimum wage is causing EVERYTHING to rise in cost.

SMH!

the problem with california, all the bullshit regulations wont allow anybody to build new apartments

Last Edited by Slowly awakening on 10/20/2019 12:50 PM

We need rent control everywhere! Rents are out of control and strangling working people...and buying a house is ridiculous...They are so over inflated and anyone who barely survived the last recession would be gunshy to buy in this market...fucking ripoff!

Sounds really bad. Newsone should be impeaced!

Who exactly is the enemy here? From my perspective the globalist forces controlling our MSM And Government are the ones making all this crap reality. If we could all gang up against them, boycott their society they built, we could take it back and have real freedom again..

Please do. It is shithole for shit

They should ration houses. Every person should only have one house.

You want to help the homeless?
Start hunting illegals and those that help illegals.

From the article, it says that California already has the most stringent rent control laws on the books and that the law they just passed and signed isn't as strict as the existing ones. So what was the point?

The unemployed homeless still aren't going to be able to afford the housing, so that makes the law useless.

The homeless who are mentally ill aren't going to get the help they need to become functional enough to worry about housing at all, so that makes the law useless.

It doesn't address the drug and alcohol dependence issues among a good portion of the homeless so that makes the law useless.

What was the point?

Rent control laws actually creates more homelessness.
They do not have the stated effect.
The end result is less lower income housing.

Was in downtown Denver the other day.
There were folks giving the homeless one way bus passes to sunny Commiefornia. LA to be exact!!
There aren't even that many homeless in Denver to begin with. It's a very clean downtown.
Saw that and I,

Finally!!! I can have my own home now!

In my cynical opinion all those "green building" requirements that make building so expensive are pushed by super rich developers to eliminate any possibility of competition.

The little guy can never get in and build a few units, only someone who is already established with tons of property and collateral will be able to build to code.

I watched it happen where I live and it seemed completely transparent to me.

Good luck with landlords keeping up properties when they are NOT allowed to pass expense increases on to their tenants. They will "milk them" to try to get their original money back out ... then let the government have them. We have all seen how well governments took care of the large amount of expensive to build "Public Housing" that they built in the 1950's, 1960's and 1970's!!

Why any private landlord would even want to build a new multi family project in California, with all the red tape you have to go through to get a project built there - and the HATRED of the local community when you do - to only have a 15 year window for collecting market rents is beyond me.

As for "houses" ... give me a break. In a HUGE city metro complex only the wealthy or well paid have ever been able to afford a house in those places ... even 100 years ago. What percentage of INDIVIDUALS own a "house" IN New York City? or IN Philadelphia? or even IN San Francisco 100 years ago? BIG urban areas have always had MOST people living in High Density Housing - be it Apartments (mostly) or some Condo's.

Want a house? I read they are CHEAP in the small towns in the Dakota's, Nebraska, Kansas, and most of Iowa. MOVE THERE!!

Prices are way too artificially high in California anyways.
Everyone is a Conservative when it comes to preserving their property values so they can cash out later and make bank and retire in a cheaper state.

What needs to happen, is the NIMBY people need to be kicked out of the state and the San Francisco people that do not want to spoil their veiw by building up also need to be ki ked out of the state.

The problems facing California are easy to fix with a BFH.

Im all for any policies that will destroy the housing market in California.

Most homeless need mental health services and drug addiction counseling way WAY before they need a house. You can’t rent to these people in their current conditions unless you want the rental burnt down or turned into a hoarders dump full of drug parties

No i'm in all for any polices that will destroy the housing market in general.

There is no profit in building cheap apartments.
Developers would rather focus on building million dollar mansions.

They could build a trailer park for cheaper living but no one wants a trailer park near them.

Everyone loves that cheap illegal labor though.

We should have a nationwide covert campaign to resettle all the homeless in California in the backyards of all the millionaires houses.

Its about time. They've been doing this for thugs and illegals for 8 years. They live amongst anyone who lives in a city. You pay $1500. For your apt and next door Juan or tyrone pay $450. For theirs. Why shouldn't disadvantaged Americans get the same fairness, nomatter if their white or not. Most homeless are white. They dont get help. People with no kids don't get help. The people with kids piss me off the most. If that doesn't give you something to live for and work for... Why should we pay for future welfare defraud?

they gotta do what they did in the past.

people migrate to the country, where land is cheap.

you build shelters, some dirt roads, chickens, cows.

you start a new town, with 2 or 3 hundred people.

Christianity was how these people were able to get along. I can't explain why Christianity is such an organizing force. it doesnt' make sense. but nearly 50 percent of every small town seems to have some bible name, they were all started by Christian churches.

never seen an atheist settlement prosper and become 'The City of Angels'

San Franscisco, is named after one of most devout Christian monks ever.

San Franscisco is one of the ost beautiful cities, just has an aura about it,

try changing the name to famous atheist, see what happens.

I love Christopher HItchens, i agree with alot of what he says, he's RIGHT!! it absolutely doesn't make sense!!

and yet, why is there so much EVIDENCE of things not seen?

Wow, over 36,000 homeless people in Los Angeles!

The average population of incorporated cities in the U.S. is just under 20,000 (19,495).

They need a whole new city just to house the homeless.

Good luck with that.



.

So true.

They need to put a large treatment facility in Slab City and build lots of air conditioned tiny houses for the homeless out there.

HERE'S THE REAL PROBLEM

LA, 3 years ago allocated 1.2 Billion dollars for housing for the homeless.

A city audit report just published states that not a single unit has been completed and 35-40% has been spent on consulting fees. Also, the developers are saying cost over runs are pushing the per unit price to over $600,000 per unit.

Anyone with a working brain cell knows the problem is not money or rent control, it's government corruption as blatant as you get.

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It’s interesting to hear all the economic Darwinist here. “ If you can afford it go live on the street loser” !!!

I wonder if people who think like that go to hell ? Hhhmmm

It should say “if you can’t afford it” oh well you get the idea