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Post by piggy pablo on Jul 16, 2024 15:23:57 GMT -5
5% rent increase cap when the historical rate of inflation is 3.3% is pretty worthless. It's a 62.8% increase over ten years. And landlords would be incentivized to hit that now, probably.
I'm admittedly not some YIMBY thought wizard on the subject, but it's a joke.
FWIW rents in Chicago have been increasing by anywhere from 8-15% per year depending on the neighborhood. Cant speak to other cities but a 5% cap would help a lot of people here.
It's wonky, but I'm curious how you came to 100k units. The administration says it would affect 20 million housing units; is your point that 19.9m of those aren't raising rents by more than 5% anyhow? Or that a large portion of the 20 million are in places that already have rent control?
The two year limit is frustrating, but exempting new building units strikes me as smart given how much of the issue relates to a lack of supply (more than this I'd like to see a commitment to building more public housing). And I'm guessing they went with stripping tax benefits rather than a hard cap on increases to make it easier to pass/avoid "SOCIALISM!" freakouts.
Nonetheless it strikes me as smart politically for the campaign. That said, even if it passed, and Biden were re-elected, he'd get no credit for it. People would just be glad their rents didn't go up as much.
correct
While I think you're probably correct at a high level (though 0.05% of units raising rents 5%+ strikes me as low), I think it's still a good idea; even if the impact is small in today's world, it's preventative against something bad happening, and good politics in a campaign either way.
This is like when they said Iranians were coming to attack Pride parades.
I thought that was just the Mexican rapists, murderers, and drug dealers that we beg Mexico to rid their jails of by sending them to our open border. VERY BAD. WALL. FIGHT!
I got excited at first and thought we were going to stack the court.
Biden set to announce support for major Supreme Court changes Plans include proposals for legislation to establish term limits for the justices and an enforceable ethics code
I got excited at first and thought we were going to stack the court.
Biden set to announce support for major Supreme Court changes Plans include proposals for legislation to establish term limits for the justices and an enforceable ethics code
It's better than nothing. Term limits would be great. I'm split on stacking the court right now to be honest. The time to do it was three years ago; doing it when you're behind in the polls is just opening a gaping wide door for Trump to do it to the extreme. (And I almost never buy into "but they'll do it!" arguments, like with ending the filibuster, it's just that in this case there isn't enough time left in his first term for a stacked court to be meaningful before it just gets reversed again anyhow)
No poll bump. Within margin of error still. So the cult is just sabre rattling and everyone else thinks its resonating. I dont think Vance as the running mate is gonna help that much either.
Oh yeah, rent increases. How about it would be nice to allow them to happen cause my dad has been pissed tf off that it took 4 years to even increase the rent on his 2 properties and has been losing money. Thats what has fucked over some people moreso. You cant keep pace if you fall behind.
No poll bump. Within margin of error still. So the cult is just sabre rattling and everyone else thinks its resonating. I dont think Vance as the running mate is gonna help that much either.
The MAGA turds are NOT happy they just found out JD Vance has a non-white wife…
No poll bump. Within margin of error still. So the cult is just sabre rattling and everyone else thinks its resonating. I dont think Vance as the running mate is gonna help that much either.
The MAGA turds are NOT happy they just found out JD Vance has a non-white wife…
FWIW rents in Chicago have been increasing by anywhere from 8-15% per year depending on the neighborhood. Cant speak to other cities but a 5% cap would help a lot of people here.
Talking with my wife that works in apartment management, 5% cap might not impact the small/midsize cities where 3-4% is standard, but yes would absolutely help in larger cities where its routinely >5%
Although I wonder how many of those larger cities, where this may influence votes, are already in solid blue states like Illinois and California. Maybe it could help in the Houstons or Miamis, but there's so much red to overcome in those states.
FWIW rents in Chicago have been increasing by anywhere from 8-15% per year depending on the neighborhood. Cant speak to other cities but a 5% cap would help a lot of people here.
Talking with my wife that works in aparment management, 5% cap might not impact the small/midsize cities where 3-4% is standard, but yes would absolutely help in larger cities where its routinely >5%
Although I wonder how many of those larger cities, where this may influence votes, are already in solid blue states. Maybe it could help in Florida or Texas, but there's so much red to overcome.
The thing is, it doesn't really matter who it would help (in terms of votes; obviously helping people afford housing is good and matters). Regardless of whether individual peoples' rent is actually increasing, there is a general national sense that the cost of housing is out of control, and this addresses that general sense. Akin to how most people say their own finances are good but the economy is shit; someone might not worry about their own rent but think the rental market is generally fucked, and want to see action generally.
And if by some chance it actually passes, it still likely won't affect votes meaningfully, because nobody will remember or credit it to Biden. Much like how 80-90% of Americans want Medicare to be able to negotiate prescription drug prices; Biden did it, and has gotten approximately zero credit in terms of his popularity for it (and fewer than 50% of Americans approve of how he's handled prescription drug pricing).
FWIW rents in Chicago have been increasing by anywhere from 8-15% per year depending on the neighborhood. Cant speak to other cities but a 5% cap would help a lot of people here.
Talking with my wife that works in apartment management, 5% cap might not impact the small/midsize cities where 3-4% is standard, but yes would absolutely help in larger cities where its routinely >5%
Although I wonder how many of those larger cities, where this may influence votes, are already in solid blue states like Illinois and California. Maybe it could help in the Houstons or Miamis, but there's so much red to overcome in those states.
Stewart on Trump running up an $8 trillion deficit and $1.7 trillion on tax cuts: "I respectfully say, yes, inflation is too high and that hurts American consumers. So what did Biden do to create that, though?"
Reilly: "I don't know. And that’s what I would ask."
I find it interesting he still left that caveat of "unless I have a medical emergency" during his interview when he brought up that he originally intended to only be a 4 year transitional president.
Warm up your conspiracy theories, but I think a medical emergency might still happen, legitimate or not.
Another conspiracy: making everyone so down on his candidacy that his replacement gets an insane huge boost in the polls when he drops out. And sympathy votes for his replacement when he announces he has Parkinsons (everyone feels bad for Parkinsons, everyone loves Michael J Fox)
Also Schiff just called on him to step aside, and the DNC won't be doing the virtual nomination before August like originally intended. Thats pretty big.
I find it interesting he still left that caveat of "unless I have a medical emergency" during his interview when he brought up that he originally intended to only be a 4 year transitional president.
Warm up your conspiracy theories, but I think a medical emergency might still happen, legitimate or not.
Another conspiracy: making everyone so down on his candidacy that his replacement gets an insane huge boost in the polls when he drops out. And sympathy votes for his replacement when he announces he has Parkinsons (everyone feels bad for Parkinsons, everyone loves Michael J Fox)
Also Schiff just called on him to step aside, and the DNC won't be doing the virtual nomination before August like originally intended. Thats pretty big.
Yeah between Schiff (who is very close to Pelosi) and the virtual nomination being pushed back hopefully the adults are still working to get grandpa to give up the car keys.
I find it interesting he still left that caveat of "unless I have a medical emergency" during his interview when he brought up that he originally intended to only be a 4 year transitional president.
Warm up your conspiracy theories, but I think a medical emergency might still happen, legitimate or not.
Another conspiracy: making everyone so down on his candidacy that his replacement gets an insane huge boost in the polls when he drops out. And sympathy votes for his replacement when he announces he has Parkinsons (everyone feels bad for Parkinsons, everyone loves Michael J Fox)
Also Schiff just called on him to step aside, and the DNC won't be doing the virtual nomination before August like originally intended. Thats pretty big.
Third conspiracy - he doesn’t want it to be an open nominating process, so he’s waiting as long as possible to best ensure Kamala gets it. Would be a nice show of loyalty to her.
Post by abefroman1 on Jul 17, 2024 15:16:49 GMT -5
As long as she can beat trump and give dems a chance to win the senate and house, go for it Joe
The more anxious I get about IVF being banned (my wife and I are going through it now), I also would be fine with 4 years of gridlock (Kamala President + 50/50 senate and Republican House)
I'm desperate and I just don't want IVF banned (or christian nationalism). Sorry if that makes me a bad lib/leftist. I am very selfish right now (and for good reason)
As long as she can beat trump and give dems a chance to win the senate and house, go for it Joe
The more anxious I get about IVF being banned (my wife and I are going through it now), I also would be fine with 4 years of gridlock (Kamala President + 50/50 senate and Republican House)
I'm desperate and I just don't want IVF banned (or christian nationalism). Sorry if that makes me a bad lib/leftist. I am very selfish right now (and for good reason)
I'm also likely doing IVF at some point in the near future so I feel you. I'm honestly more worried about the supreme court than losing the other two branches, but both scenarios are bad - not just for you or me but anyone who genuinely wants to start a family and is struggling to do so. If anything we should be finding ways to make it more affordable, not get rid of it.
Post by braundiggity on Jul 17, 2024 15:57:53 GMT -5
I read this and I do have empathy for Biden's position. I picture being in his shoes: sat out the 2016 election and watched the country fall to shit in a race he could have won, ran in 2020 and won the privilege of stepping into a massive global crisis, turned the economy around better than any other developed nation while implementing a bunch of bucket list progressive impactful policies through legislation at a time when passing legislation seemed impossible, has - aside from Gaza - killed it on the global stage relative to pretty much any other US President in decades. Doesn't understand why he's unpopular in spite of all that (I also think its crazy his approval ratings are so low, frankly - it's not just the age thing). Afraid to repeat 2016 and step down only to watch someone else lose. Believes he'd do a better job than anyone based on past performance. In denial about his age. Would feel embarrassed to step down. It's all understandable in my opinion. I'd probably be pretty stubborn and hurt and angry at the world over it all.
But the polls are the polls, and he can't change the approval ratings, his most important job at this moment is actually being a candidate and he's not doing it well, and he needs to accept it and step down. He'd be remembered forever as a true hero (...as long as we don't end up losing the Presidency.)