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The problem with those communities is the lack of jobs. I live in the third circle of hell, but I have a remote job now, and might find someplace with some trees.
When I look up unemployment rates in these cities they are very low compared to what they were .
Columbus , Oh for example has a strong economy and one of the fastest growing cities .
Housing is much more affordable.
I only found out recently Huntsville , Alabama has a lot of tech companies they have a massive mixed use development coming in .
You can take a look here . 4th largest real estate project in the U.S .. I was pretty surprised .
Some interesting stuff happening around the country but we never really hear about it in mainstream media .
The message seems to be clear landlords not welcome in Oakland .
No doubt if this passes other “progressive “ cities like L.A will likely try the same thing to “capture” revenue from landlords .
Landlords in Oakland aren’t making big bucks based on current property prices .
Also 1% today and then they’ll say they need 2, 3% ..
It is the politicians that allowed the homeless situation to get out of control with their liberal policy of homelessness as a lifestyle choice .
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OAKLAND — As the Bay Area struggles with an alarming homelessness crisis, voters may soon decide whether to force Oakland’s biggest landlords to pay up to help house the city’s most vulnerable residents.
Oakland Councilwoman Rebecca Kaplan wants to impose an extra 1 percent annual tax on rental revenue that exceeds $200,000, and use that money to fund homeless shelters, help homeless residents secure permanent housing and clean up the sprawling encampments that line many of the city’s sidewalks.
The city needs more money to tackle the problem, and collecting it from Oakland’s biggest-earning landlords makes sense, Kaplan said. Rising rents are pushing people out of their homes, but at the same time, landlords are raking in cash, she said.
“We’re capturing revenue where it is,” Kaplan said, “and we’re capturing the revenue that has a relationship to the problem of homelessness.”
When I look up unemployment rates in these cities they are very low compared to what they were .
Columbus , Oh for example has a strong economy and one of the fastest growing cities .
Housing is much more affordable.
I only found out recently Huntsville , Alabama has a lot of tech companies they have a massive mixed use development coming in .
You can take a look here . 4th largest real estate project in the U.S .. I was pretty surprised .
Some interesting stuff happening around the country but we never really hear about it in mainstream media .
Yes, my city has a lot of exciting things going on...love it here!
Rent increases in Oakland are capped at 10% per year and they have been going up at real close to that for 6 years, maybe the landlords who get more than $200,000 revenues (the only ones who are impacted by this) can dip into some of the profits they've accrued over the past 6 years to pay that whopping 1%, dontcha think?
Why is the proposed solution to homelessness, poverty, etc., always to tax the responsible and already contributing members of society to fund those not pulling their own weight? Why punish responsibility and reward irresponsibility? What kind of message does that send?
For those who understand, no explanation is needed. For those who do not understand, no explanation is possible.
You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity . . . . What one person receives without working for, another person must work for without receiving . . . . The government cannot give to anybody anything that the government does not first take from somebody else . . . .. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is the beginning of the end of any nation . . . .You cannot multiply wealth by dividing it."
Well, there's three reasons right there to raise rent even higher.
The market sets the price , not the cost to produce in San Francisco. It might even support their property values to remove the homeless, if they did it right....which they won't. It will just attract more homeless.
Rent increases in Oakland are capped at 10% per year and they have been going up at real close to that for 6 years, maybe the landlords who get more than $200,000 revenues (the only ones who are impacted by this) can dip into some of the profits they've accrued over the past 6 years to pay that whopping 1%, dontcha think?
1% this year then maybe next year they’ll “need” 2% ..
How would you feel if you were targeted for an additional one percent of your income ? Let’s say a 1% additional tax on government retiree’s pensions ...
It’s stuff like this why California is rated at the bottom or near bottom for business friendliness .
If it keeps going thing way it’s not going to be pretty .
Keep in mind Detroit was once the richest city in America with a thriving economy .
You really support this tax or do you just like to debate everything ?
Rent increases in Oakland are capped at 10% per year and they have been going up at real close to that for 6 years, maybe the landlords who get more than $200,000 revenues (the only ones who are impacted by this) can dip into some of the profits they've accrued over the past 6 years to pay that whopping 1%, dontcha think?
Why should they? They run a business that is doing well in the area so they should be punished? Tax everyone in the city that makes 200K.
Liberal cites and states always punish landlords and it isn't just big ones. Regulation after regulation until only corporations with legal departments can own apartment buildings. Lefties hate people making money as landlords, it is even taxed as passive income. lol. Try being an independent landlord and see how passive it is.
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It’s going more towards socialism ..
