Dart Rippington

@implausibleblog Why stop there? Why not do price controls as well? Make everything free then everyone would save money and everything would be fine. Never mind who supplies everything

Zack Polanski calls for rent controls, "If we froze rents in Autumn 2022 households would save £3,300 per year" "That's £18 billion of purchasing power back into pockets of people" "Money that could be spent on local businesses, buying a coffee on the way to work, or a few pints at the end of a hard week" "Instead, straight into landlords pockets" "Leaving our high streets hollowed out" "And our Green MP Carla Denyer has been raising the alarm on this scandal" "We need to bring in rent control" "We would stop the choke hold of rip off rents and bring life back into our communities"

An example Rent received £1200pm Mortgage £600 Service charge £120 Maintenance £120 Management £140 Gross profit £220 per month Tax (assuming only 20%) £164 Gross profit £56 per month So yeah making landlords lower rent without changing any of their expenses can lead to them making a loss quite easily. Margins are razor thin in many areas as it is.

@trevelyanism @implausibleblog @ZackPolanski What do you mean at a loss? 🧐 Really concerned about your finances if you think renting lower is a loss, infact you're more likely to get paid on time of you aren't charging an extortionate amount

@LizJWalter @ITVNewsPolitics The vast majority of people pay nothing. The richest pay like 70% of all income tax received... And they pay at higher tax rates than everyone else.

@FullFridge2 @ITVNewsPolitics It doesn't though, not really. We all pay our 20% or 40%, but the rich don't.

'A wealth tax needs to be a day one priority' Zack Polanski says the Green Party would introduce a 1% tax on wealth over £10 million if they were elected 'It would send a very clear message that those who have accumulated the most money will pay a little bit more'

@Chappymaggs @xevekiah Would you say the same about women who don't report rapes?

@FullFridge2 @xevekiah Then they should have reported it . Thats how you get people to listen and sit up and help

“men are raped too.” “men are molested too.” yes..... they are. most often, by OTHER MEN

People say the same about women and not reporting it. Many rapes go unreported for various reasons. People don't always report rapes because it depends what constitutes rape. Regretting a drunken one night stand and saying you were raped is very different from being followed down an alleyway and pinned down. Yet both can be classified as rapes.

@FullFridge2 @xevekiah Then why not report it? Most of the time men don’t feel like victims until someone tells them and then they will deflect about the sexual act and laugh it off. More men need to report assault so it can be taken more seriously.

No they do not. Small landlords do not work together to manipulate prices. This is nonsense. It is set by the market. Large landlords can and sometimes do, which is why driving small landlords out of business with punitive taxation and regulation is a terrible idea. It leads to large organisations buying up all the rental stock, then what you fear can happen. Over regulating also leads the small landlords that remain to use agents to manage properties as it is too complex. Agents do raise prices frequently and re-let properties to churn fees. So again, over regulation ruins it for everyone.

@FullFridge2 @frontisferreum @SandyofCthulhu @douglassmackey That has never worked ever. Any time this has been attempted all the landlords just collectively raise rents.

The bishop of my former congregation worked in for the City of Berkeley. I was his clerk. He told us that when rent control got voted in, the landlords fell into two groups. One group jacked up their rents as high as possible before the law took effect. The others left their rents as was, trying to be nice guys. The "nice guys" then took it in the shorts. Some went bankrupt. Some just abandoned their buildings and let the city grab them for non-payment of taxes. Most followed the policy of never ever letting anyone new back into an apartment when someone moved out. The landlord end-game was if EVERYONE moved out of your complex, you could remodel the thing and then even Berkeley would let you calculate new rents. He said he knew of several apartment buildings in which only one tenant was left, hanging on for dear life. The owner just waiting for the guy to leave. Of course no landlord had any motivation to ever repair, repaint, or refurbish anything in a rent-controlled complex. When I moved to the East Bay I was pretty much pro-rent control. When I left, I thought it was the stupidest idea ever.

That does not work in an environment where there is ample supply. You will be waiting forever as more come onto the market at the same rate they are taken off the market. It reaches an equilibrium and that is why the market price is what it is. They can try to wait if they want but landlords do not band together and do this collectively to manipulate prices. Small landlords cannot afford to keep properties empty for long periods of time.

@FullFridge2 @MKNOOB_ @frontisferreum @SandyofCthulhu @douglassmackey No, you just wait. You wait till all the cheap units are filled and you are the only one with vacancies. You wait until the other landlords are forced to raise their prices, and then finally when that happens, you raise yours. And then the rest follow.

Yep pretty much. There are indeed dangers of completely unchecked capitalism, monopolies, abuse of labourers etc, however over regulation causes massive problems as well. And while we have had problems in the past, they speak of now as if the problems we are experiencing today are still caused by those same issues, when in fact they re not. Yet that is their justification for more centralised controls.

@FullFridge2 @CryptoMikli Note one key tenet of Leftist collectivism is to ruin the private sector of any given societal function, via idiot laws and regulations, then say "see, capitalism doesn't work" and place it under central control.

Caleb Hammer explains why rent control doesn’t work “It’s one of those policies that sounds really good and really moral. You want to support it, landlords make less money and people pay less rent. But everywhere it’s been enacted, permitting has dropped significantly, and rents have gone up even faster for the average person, except for the few lucky ones in subsidized housing” “Units go untouched and aren’t maintained at all. I think something like 10-20% of rent controlled units in New York are empty because they can’t be brought up to standard, since it’s not worth investing in. In Massachusetts, rent control was a complete disaster and had to be repealed. In San Francisco, the moment they introduced it, permitting dropped. It just hasn’t worked”

You don't have to drop your rent prices if you don't want to, but rent prices are dictated by the market. If all landlords in your area are pricing themselves 300 cheaper a month than you are, you are forced to drop prices. Those landlords could only afford to lower their rents if their profits margins were higher. It is the stupid policies of governments which has caused this lose lose situation where landlords get fucked and tenants do also. Yet they keep on doubling down with more dumb ideas and making things worse.

@FullFridge2 @frontisferreum @SandyofCthulhu @douglassmackey Even if you go this route (and I agree with some of this). Why as a landlord should I drop my rent prices, even though I STILL have people moving into the apartments and get a tax break from vacant apartments with no real penalties to me whatsoever?

Ok just keep doing the great landlord punishing policies they have been doing over the past 10 years and continue to wonder why the rents are going up. Why do you think more landlords are leaving properties vacant now? And how is penalising them more going to help things? Competition is always good, profits attract supply, supply increases competition. Its not rocket science. If owning houses to rent out was more profitable more developers would build them.

@FullFridge2 @frontisferreum @SandyofCthulhu @douglassmackey More landlords won't increase housing supply, it will only increase house prices. You do better to penalise landlords and residential property owners for leaving property vacant, and facilitate/incentivise older people in downsizing their homes.

@frontisferreum @SandyofCthulhu @douglassmackey Increase profits for landlords, lower taxes and their expenses. More landlords will come = more competition = lower rents. The more you punish landlords bottom line the higher rents get and the less competitive it becomes. Also there is less maintenance done.

@SandyofCthulhu @douglassmackey So how do we bring down rents?

@yomiprof @ChrisWillx Maybe ask yourself why that is happening rather than just saying its all mens fault. Maybe it is the women that they do not find desirable anymore.

It’s not a shortage, it’s a quality control issue. Men get in free and still don’t show up right, don’t approach, don’t commit. Meanwhile women are paying $100 just for a chance at someone who’s serious, and still outnumbering them 3:1. That’s not a numbers problem, that’s men fumbling the easiest game they’ve ever had.

There is a shortage of straight men in New York. Due to a shortage of male attendees, some dating events in NYC charged women $100 and men $0, yet attendance still ran 3:1.

@FightWithMemes Even if this is true, they are still economic output. They still earn money, buy stuff, pay rent and bills etc, off of which has an effect. It is consumption which pays wages etc. Net tax contributions are not all there is.

Bringing women into the workforce in large numbers may have been a net loss for society, but at least it's also economically damaging.

3 years to pay off based on current energy prices... if it was 1/3 of the cost or less like it was a few years ago then it is much longer. And as I said they arent a standalone thing, you need the whole house to be done properly for them to even be worth doing. Old housing stock is not suitable.

@FullFridge2 @Nowooski They actually save way more than that, you can make a spreadsheet easily. A typical good quality ERV takes about 3 years to pay off.

The thing buying a co2 monitor taught me is that the obsession with insulating and sealing houses is psycho. You actually want a window cracked 24:7. The solution to climate change isn’t hotboxing in 2000ppm co2: it’s window open + AC / Heat On powered by abundant electricity.

@open_erv @Nowooski And if your energy recovery sustem costs you £500 to install (core drill, correct materials used, sealed up, wiring, making good etc), and its only saving you £20 a year what is the point...

The thing you guys are all not understanding is that an energy recovery ventilator is the same as a thermal energy generation device. A kWh saved is as good as a kWh produced. You have it in your hands either way. Simply pick the cheapest one. ERVs provide far cheaper energy if well designed, and in colder climates. Obviously in a mild climate things are different. And you have to look at the economics of the machines, some are better than others. It's the same as solar panels. This is like saying that the solution is not solar panels but rather electricity. Solar panels make elecricity. ERVs capture heat energy that would otherwise just be wasted, which is just as good as creating it.

Yes and no, capturing energy that would be wasted is obviously a good thing, but there are tradeoffs. Energy recovery systems aren't super cheap or easy to install. My point is if energy is abundant and cheap enough, the economics of devices like those are not really worth doing. If energy can be cleanly produced and is cheap, people can just heat their homes as they are, open windows when they want and not worry about all these efficiency measures. Sure take basic measures that normal people can manage to avoid unnecessary loss, but the standards expected these days are basically leading to sealed buildings with stagnant air. You can have the most efficient perfectly insulated house in the world but you have a draughty letter box or failed seal on a window and don't notice its all ruined.