Recent comments in /f/vermont

TheTowerBard t1_j7palwx wrote

I deem being a racist a bad practice. You should consider stopping.

Also, I’m not particularly interested in your bullshit mental gymnastics you scumbags use to make it easier to sleep at night. If your spending this amount of time and energy reacting to this article in this way, you are truly a vile scumbag racist POS. I’m sorry if that reality hurts your fee fees, but maybe reflect on it a bit.

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anusty t1_j7p90fa wrote

People need to get over themselves. When I grew up in VT, we were responsible for our own feelings, not everyone else. Meritocracy ruled, not everyone gets a ribbon.

Only the strong survive; it’s an absolute truth in all of nature…the eternal truth, we’re always at war fighting battles among our fellow humans trying to survive and be happy. Doesn’t always have to be kinetic to be war.

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Jerry_Williams69 t1_j7p8slo wrote

That is a delusional outlook. Regulations/government are not the only cause of the housing situation. Big developers will just keep building McMansions that will get bought by investors to become high prices rentals. When was the last time you saw a development of affordable single family homes anywhere in the USA? The free market has not made affordable housing for decades.

6

SomeConstructionGuy t1_j7p8lgq wrote

Nationally it’s not lack of development, it’s the rental management companies algorithmically pricing rents with no regards for anything but profit.

Footnotes:

https://www.google.com/amp/s/arstechnica.com/informationtechnology/2022/10/rent-going-up-one-companys-algorithm-could-be-why/%3famp=1

https://www.multifamilyexecutive.com/property-management/revenuerevolution-pushing-rents-becomes-the-norm_o

https://extranewsfeed.com/a-history-of-landlords-rent-the-feudal-origins-of-a-nonworking-class-e718e6c82e2f

https://popular.info/p/death-by-eviction https://www.google.com/amp/s/www.nbcnews.com/news/amp/rcna52111 https://www.nytimes.com/2004/12/08/nyregion/queens-landlordconvicted-in-plot-to-kill-two-tenants.html

https://www.google.com/amp/s/amp.theguardian.com/world/2002/may/02/worlddispatch.oliverburkeman

https://www.google.com/amp/s/www.laprogressive.com/.amp/homeles sness/studies-find-rent-control-works https://www.housinghumanright.org/is-billionaire-landlord-sam-zellthe-quintessential-corporate-vulture/ https://www.investopedia.com/articles/investing/102915/how-sam-zell-madehis-fortune.asp

https://www.agriculture.com/news/business/risk-and-reward-aconversation-with-sam-zell https://www.bloomberg.com/news/articles/2022-09-27/steve-schwarzman-buys-80-millionenglish-country-estate

https://www.google.com/amp/s/m.jpost.com/50-most-influential-jews/article-717735/amp

https://fintechmagazine.com/venture-capital/stephen-a-schwarzman-the-billionare-who-builtblackstone

https://www.investopedia.com/articles/investing/090915/how-stephen-schwarzman-built-blackstonegroup.asp

https://www.invitationtenants.com/blackstone-profits-from-the-foreclosure-crisis/

https://www.institutionalinvestor.com/article/b14zb99vmk6h6n/blackstones-stephen-schwarzman-onnot-wasting-a-serious-crisis

https://www.google.com/amp/s/qz.com/2118625/corporate-landlords-are-benefiting-frominflation/amp/

https://www.theatlantic.com/ideas/archive/2020/02/rich-investors-make-easy-scapegoat-risingrents/606607/

https://archive.ph/TjPXE

12

Kiernanstrat t1_j7p7sdn wrote

I think people completely misunderstand the idea of what "affordable housing" is. Either you have houses that are bought and sold at the market rate or you have subsidized housing. When the market is such that even the most inexpensive housing options are still expensive then there is no affordable housing.

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SomeConstructionGuy t1_j7p7rsk wrote

Spot on.

Slow development is partly to blame. Air bnb is partly to blame.

But the huge surge is rental prices is directly attributable to a surge and consolidation in software based rental pricing industry. Basically they’ve realized it’s more profitable to continually raise rents and have large turnover and higher vacancy. These companies (mostly one) manage enough properties that they’ve dragged all prices up.

We’re not actually short on housing nationally by most metrics. Housing construction isn’t lagging by most metrics. Enough cards are held by theses companies that they can manipulate the market. Adding more housing that are managed this way won’t lower rents.

Edit: I know I give you crap on many of your posts, but I fully agree with many of your takes. It’ll take national legislation to sort out the root causes of this issue.

8

TheTowerBard t1_j7p7qjf wrote

As the ignorant racist scum in the comments are showing, the issue is not just in high school sports. Vermont has a major issue with racism and always has. We just have gotten by without it being so obvious simply because there is a serious lack of diversity here. Not a lot of targets for these scumbags.

There’s a great PBS doc I recommend called I Am From Here everyone should watch:

https://www.pbs.org/video/i-am-from-here-zfk9gb/

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Ok-Title-270 t1_j7p7kpt wrote

They'll build what the market demands. Maybe the market also needs more high end homes and those make the most so they'd be built first, however there's only so many people who can pay for those so that market would become saturated. You can make money building more affordable housing too so they'd do that also

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