3
0

Unintended Consequences


 invite response                
2024 Nov 10, 11:38pm   103 views  4 comments

by Misc   ➕follow (3)   💰tip   ignore  

I'll start this out with a glimpse of what's going on in the Phoenix metro rental market.

It started with Trump declaring that renters couldn't be evicted during Covid for a few months for not paying their rent. This was later extended by the Arizona governor (a Republican) (I think in California the eviction moratorium is still ongoing). Most landlords were Mom and Pop operations having only 1 or 2 rental units and relied on the income from these properties. Needless to say these small landlords sold as quick as they could (interest rates had fallen and they got a good price for their properties). Arizona had an increase in its minimum wage and had an influx of illegals. Rents shot up one year by 86%. Arizona at one time was affordable. Renters had been able to deal with the increase through 2nd jobs, cramming more people in per unit and borrowing funds. Now, however, the economics of the situation has become untenable for a bunch of them.

12% of the rental units are behind on their rent now. There's about 4.8 million people in the metro area with about a third of them renting. Putting about 190000 people in the eviction process. In Arizona, it is a very landlord friendly state (well...usually). The holidays are coming, and I just don't see the government standing by while that many people are displaced. Whatever happens next will lead to more unintended consequences.

Comments 1 - 4 of 4        Search these comments

1   stereotomy   2024 Nov 11, 12:01am  

During the scamdemic in the PRNY I paid rent throughout to my landlord. Last year I got a $100 increase after 4 years. I was lucky enough to be able to work remote, but I think my boy was damaged to some degree by the fucking remote schooling. It helps to have skills, not be a grifting dirtbag,

What I absolutely will never forgive is the clot shot contamination of the blood supply (still ongoing - ABSOLUTELY DON'T GET SROUSLY INJURED UNTIL THEY SORT THIS OUT) which forced my wife to suffer for over a year because we couldn't risk a transfusion. This is the second and more serious time that the medical establishment has fucked with my wife. Goddamn all the medical psychopaths and grifters to hell.

I know there are good doctors - they're just hard to find in the PRNY.
2   WookieMan   2024 Nov 11, 12:14am  

stereotomy says

I know there are good doctors - they're just hard to find in the PRNY.

It's like realtors. There are good ones and mostly bad ones. I didn't touch the vaccine. Vaccine changed my wife, but nothing we can do about it now. She's a different person. No boosters at least.

I just don't trust the medical field at all since I was 20 after a misdiagnosis. Could have caused me liver failure. I was pooping ghosts and the docs didn't listen. Finally demanded an ultrasound. Bum gall bladder. We're talking 2 months of suffering. If you know you know. It's painful. The surgery was easier than the pain I was dealing with. I had multiple attacks from 16-20. One put me out unconscious on a buddies lawn. No drinking was involved.

Every female nurse I know that's had a gall bladder issue and had a kid said they'd rather go through labor having a kid. So as a man I can say I've had a baby.... lol. I'm not joking either, it's a brutal experience.
4   FuckTheMainstreamMedia   2024 Nov 11, 9:38pm  

Even 10% of illegals leaving heavily impacted metros will open up a substantial number of rentals. You might think they all live in crapholes but that isn’t true.

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   random   suggestions   gaiste