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Cagi , in Biden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflation

Where I live we’ve had a 4% cap for a long time. It just means tenants get evicted. It’s illegal, but the procedure to after landlords cheating the system is so grueling and adversarial, it puts justice beyond the reach of many victims. I can only imagine this being even worse in the US.

phdepressed ,

If this caps rent even if the tenant changes it’d be something. I don’t see how this passes an R house or gets through the “moderate” Dems in the senate.

ryathal ,

I don’t see how a national rent cap survives even the most liberal courts either.

phdepressed ,

It’s not a cap on rent it’s a cap on raising it. Not much different than setting interest rates imo. I don’t know enough law about it but at least it’s an attempt? There’s a lot of talk here about how it doesn’t solve the underlying problem but I don’t see people providing another solution.

I’d like to see property taxes increased with more single family homes owned. Let businesses keep the apartments let homes become a place to live and not an investment though.

ryathal ,

The problem is rent isn’t interstate commerce. There isn’t a way to justify that there is a national mandate for this, it’s a matter left to states.

As for property taxes, many states already do this with exemptions for a primary residence that reduces taxes.

phdepressed ,

I’m talking about increased taxes for each additional home so that owning more than 2 or 3 homes becomes financially unviable. This causes an incentive to sell if you own a lot and prevents someone wanting to own a lot in the first place.

Cagi , (edited )

It’s certainly an essential piece of the puzzle, but without the other puzzle pieces it is only going to have a minimal effect and is easy to abuse. Better than nothing nothing though, it won’t be a wasted effort if it passes, it just won’t fix anything or curb rent prices on the whole. But it will help people out here and there.

chilicheeselies ,

We have rent stabilization in nyc (for some buildings). It caps the increases, and landlords are obligated to renew your lease if you want to unless you violated it in some serious way. In returnfor haveing a building stabalized, the landlord gets tax incentives.

catloaf , in Generation Kill author Evan Wright dies aged 59

Nothing about what could have motivated the suicide, but…

Wright is survived by his wife, Kelli, and their three children.

Oooooof. I hope they are okay.

QuantumSpecter ,

He appeared in the Max documentary Teen Torture, Inc, in which he spoke about his time in the Seed, a controversial “scared straight” program for children in Florida.

Yeah, the guardian have this wrong once… The seed was troubled teen program like the place Paris Hilton was sent too…

stetech ,
TheDemonBuer , in Biden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflation
@TheDemonBuer@lemmy.world avatar

I suppose he has to do something to signal to voters that he’s going to try to fix the housing affordability crisis, but this is pretty meaningless. But, what can he say? The truth? That the housing crisis is an extremely complex problem that will take decades to fix? Probably not going to go over very well.

twistypencil ,

How is this meaningless?

TheDemonBuer ,
@TheDemonBuer@lemmy.world avatar

Well, for one, it almost certainly won’t pass. So the chances of it becoming law in the first place are pretty low. But even if it were passed, I think it would be difficult to enforce. Even if it were enforced, landlords would just hike the rent 4.99% every year.

WanderingVentra ,

Not to mention that unless wages also rise by 5% per year, which mine haven’t recently not sure about others, then it’s still unsustainable for renters.

njm1314 ,

4.99% is way better than the 50% my previous landlord tried. You can always vote Republican if you want. See what they’re going to do for you.

TheDemonBuer ,
@TheDemonBuer@lemmy.world avatar

You can always vote Republican if you want.

No thanks.

4am ,

Not allowing landlords to drive people into homeless on speculation and greed is a good first step to solving the very complex problem that will take decades.

nifty , (edited )
@nifty@lemmy.world avatar

That the housing crisis is an extremely complex problem that will take decades to fix?

No? There’s currently no cap on single housing investments, and at the very least private equity needs to be banned from buying housing in any form.

IndustryStandard , in Biden orders Secret Service protection for RFK Jr. following Trump assassination attempt

Only RFK and not other candidates?

TheLowestStone ,
@TheLowestStone@lemmy.world avatar

I’d bet the vast majority of Americans can’t name any candidates besides Biden and Trump and that some could not name them either.

EnderWiggin ,

Trump already has the SS.

prole , in Generation Kill author Evan Wright dies aged 59

Damn RIP.

Stay frosty, gents.

TheDemonBuer , (edited ) in Generation Kill author Evan Wright dies aged 59
@TheDemonBuer@lemmy.world avatar

Generation Kill (the book) was very formative for younger me. RIP.

Voroxpete , (edited )

My wife is in the military, and she insists it’s the most accurate depiction of military life ever created.

Edit to add: Especially, ESPECIALLY, the singing. Apparently the first you learn in the infantry is the lyrics to every Taylor Swift song.

Gonzako , in Biden orders Secret Service protection for RFK Jr. following Trump assassination attempt

I guess they’ll have to shoot the brain worm out

mctoasterson , in Nancy Pelosi's Portfolio Returned Over 700% In a Decade

I know people who have worked in corporate acquisitions and there are a ton of controls in place to limit information access and prevent the mere appearance of privelged information being used for personal gain. Likewise in other industries like utilities there are pretty complex regulations to prevent companies from getting even a few cents per kilowatt hour advantage, etc. and all this shit has multimillion dollar fines attached.

Congress could definitely adopt a rule that bans trading stocks for anyone who receives classified or nonpublic industry-specific information as part of security briefings or their committee assignments. Or hell, just limit congresspeople to index funds or generic portfolios managed by external fiduciaries, while in office.

It seems that if both Gaetz/Cruz types and AOC agree on this, they could get it done, but the establishment politicians don’t want to because they view it as a perk of the job.

PriorityMotif , (edited )
@PriorityMotif@lemmy.world avatar

AOC and others should just set up an environmentally friendly index based on their inside information. Republicans will put rules in place the same day.

Spookyghost ,
@Spookyghost@sh.itjust.works avatar

Doubt

barsquid ,

Yeah, the rules will be regarding the information benefiting outside investors instead of Congress.

Crackhappy ,
@Crackhappy@lemmy.world avatar

Hey. Shut yer mouth.

rozodru , in FBI cracks phone belonging to Trump rally shooting suspect
@rozodru@lemmy.ca avatar

they watched a youtube video by a guy from India on how to unlock it.

Seriously though, some of those videos actually work. I had a Samsung Galaxy that I got from some flea market for like $20. it was locked due to the FRP so I didn’t have access to the email or phone number. I just wanted to use it as a headset mounted gyroscope thing for war thunder (yeah, ask me about that one). Watched a youtube vid by some guy in India who went through the most bizarre way to unlock the phone and it worked. I was scanning QR codes and installing the samsung file manager app and a bunch of weird crap and was surprised that it worked. Dudes on reddit were deadset that it was impossible, impossible I tells ya, to bypass the FRP. it is possible. and you don’t need to download any of the scammy ‘unlock your phone’ programs either.

JakJak98 ,

Do you mean like an eye tracking system for headsets in wt? I’ve always just used vr if I wanted that capability.

rozodru ,
@rozodru@lemmy.ca avatar

sort of. it was more like head tracking. so you move your head and you could look around your cockpit. It was essentially a poor mans way of head tracking. there was an app you could download to your phone and your pc that would connect to each other. then with your phones gyroscope it would track your head movements. So then I would take the phone and strap it to the top of my headset with like a hair tie. it worked for a few games. War Thunder, MechWarrior Online, Star Citizen, pretty much any sort of sim it would work.

Kanzar ,

Yeah FRP unlock for a while was definitely bypassable on several phones, I unlocked a few that way. Not sure if it is still possible now, haven’t bothered tinkering. 😅

xc2215x , in 'Zionist-free zone': Israelis are increasingly unwanted at global tourism sites

Not a shock. The war has changed a lot.

Blackout , in Nancy Pelosi's Portfolio Returned Over 700% In a Decade
@Blackout@kbin.run avatar

I've almost recovered from the 2008 crash. That's what I get for investing all my money into the local Arby's. Who knew their food would actually kill you?

xc2215x , in 'Cringe': Tim Scott panned as he declares 'America is not a racist country' at RNC

Tim knows the white voters want that.

fine_sandy_bottom , in Biden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflation

God this is embarrassingly lame.

5in1k , in Elon Says He's Giving Trump PAC $45 Million… Per Month: Report

What an asshole.

Kroxx , in Biden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflation

3 years of absurd rent prices and we are just now seeing legislation, wonder why…

PunnyName ,

Usually just need to see what Reps have blocked to find out.

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