Comment on Fellow landchads of Lemmy. Don't you hate when this happens?
kibiz0r@lemmy.world 5 months ago
Look, I’m just setting my rent according to an analysis of the current market rate for similar properties.
Yes, that analysis is provided by the same company that does estimates for the other properties.
No, I’ve never heard of “price fixing”. Look, your avocado toast is super expensive and it’s cuz the government gave you $600 three years ago so PAY MY MORTGAGE ALREADY YOU EASILY REPLACEABLE COW IN A PEN.
angrymouse@lemmy.world 5 months ago
There is no price fixing, if you dont like it, go build your own house, this is free market
Aceticon@lemmy.world 5 months ago
Clearly they must be giving out free land in good places to live (near were all the jobs are), free materials and free time over there.
It’s either that or that house you mention is supposed to be made out of opinions and built in fantasy la-la-land, as it’s only how the materials and places to put it in would be endless and free.
Alteon@lemmy.world 5 months ago
I mean I get both sides here. We live in a free market economy, where the scarcity of something affects the cost of it. People want land close to the city and there’s an extremely limited amount of it. If there are n*100 people and only n parcels of land in a small area, how do you provide it to people? Do you sell it? Is it a lottery system? Is the land sold at a base value that never changes? Like, how do you envision this going?
Right now, people have to freedom to buy as much land as they want and set the pricing for that land. What we need is a property owner tax that scales up depending on the amount of property that you own. Though this will just make more land available. No one in their right mind will sell it for less than it’s worth though.
justJanne@startrek.website 5 months ago
If parcel A has a property value of X
And parcel B has a property value of 2X
Then you can have the same rent on both of them if building B is twice as tall as building A.
The whole “single family residential only” zoning in the US is the issue.
Maalus@lemmy.world 5 months ago
Oh so wait, so buiding a house isn’t free then since nobody is giving the land and materials away. So why do you expect a landlord to let you live for free if he had to pay to buy the land and build it?
Aceticon@lemmy.world 5 months ago
Nice to see you’re getting close to the core of the problem.
Yeah, Land is owned rather than belonging to everybody as it used to be back before monarchs and as land ownership works in this system - any one individual with massive wealth can own way more Land than they need - it can be easilly hoarded by those with more money in a way that’s impossible for those with less money to overcome (short of a Revolution) and thus create cartels or even monopolies in Land in desirable places to live, a market positions from where they can extract as big a rent as they want since everybody else has no alternative.
It’s from the massive imballance thus created by Law in the main, essential and irreplaceable, “raw material” for housing that the massive house prices we see come from, and landlords usually use their priviledged position in that highly imbalanced market to extract excessive rents.
The whole situation is actually the very opposite of the “Free Market” you state it is - Land (and thus housing) ain’t like teddy bears and soap were a competitor can just enter the market and make more of it when somebody tries to corner the market, quite the opposite.
In this Not-At-All-Free Market, most landlords will extract excessive rents far beyond the value they add. If rents were not mainly based on exploiting a dominant position in a market dominated by hoarding and artifical scarcity and only paid for the actual service being provided by landlords, they would be tiny in comparison with the current situation and very few people would be critical of landlords.
afraid_of_zombies@lemmy.world 5 months ago
My landlord inherited 17 houses and hasn’t worked a day in his life. I inherited male pattern baldness.
ThrowawayPermanente@sh.itjust.works 5 months ago
The land is really the limiting factor here, the rest is very easy by comparison.
Aceticon@lemmy.world 5 months ago
There are tons of natural limitations in all kinds of things and all sorts of Markets - which is why Free Market Theory is mainly bollocks: the conditions for it to work as advertised exist only in a handful of Markets.
In Housing, clearly Land is the main limiting factor in places like cities and surrounding suburbia, though if that was removed we would eventually run against other limiting factors, probably on some kinds of building materials or manpower, though all that could be overcome with time whilst Land limitations are impossible to overcome until we start living in Space.
Also keep in mind that land usage efficiency can be increased by building more multi-story housing, though in the current situation with land ownership that possibility just gets translated into higher land prices, so in places like the US you end up with sprawl rather than medium density housing: the whole economics of Land and thus housing pricing make a bigger and nicer living place far from a city center be the same price or cheaper than a crummy appartment nearer the center, even though were land was used with higher efficiency and dwelling size is smaller the price per dwelling should actually be cheaper.
bi_tux@lemmy.world 5 months ago
yes, and if you’re homeless just buy a house
btw, it’s not a free market if it’s controlled by a hand full of companies
angrymouse@lemmy.world 5 months ago
Holy shit you ppl actually took my comment serious lmaoo
bi_tux@lemmy.world 5 months ago
no, you just took my reply serios ;)
zakobjoa@lemmy.world 5 months ago
Yeah, fuck the poor.
Aux@lemmy.world 5 months ago
Don’t fuck them, sell them to China as cheap slaves.
ignotum@lemmy.world 5 months ago
Slavery is immoral
Instead, make being poor illegal (arrest people who can’t pay for the essentials), arrest them, and THEN use them as slaves, it’s fine since they’re criminals
archomrade@midwest.social 5 months ago
He took the bait boys, get’im
TexMexBazooka@lemm.ee 5 months ago
There’s several layers of ignorance to this comment