The Off Topic Topic

[Grey Fox]

It could also be data collecting.

Looking for answers to security questions from different websites.

[Legbiter]

But I wonder what the scam is. How do they intend to get my money from a fake job advert. Fishing for personal details to open dodgy accounts/trick the bank into letting them access my funds

If you respond you just have to click the links in the messages they send you which incidentally require you to give up sensitive personal information or ask you to pay up front for a training program.

[DGuller]

If you don't replace it by massive state ownership of affordable housing, you will have fix nothing & pissed off voters.

That's not quite true.  You would have fixed a law that eliminated the availability of any housing, affordable or otherwise.  It's true that it would take years or decades to undo the damage, and the effectiveness of undoing the damage would be tempered by the political risk of the retroactive reintroduction of rent control, but that's the price you have to pay for economic illiteracy.

[Grey Fox]

The problem is not rent control. The problem is lack of social housing.

[DGuller]

The problem is not rent control. The problem is lack of social housing.

If rent control increases the need to have social housing, which I imagine it does given how it destroys capacity in the rental market, then it definitely is a problem in this way as well, in addition to all the other ways it is a problem.

[Jacob]

Okay, I'm convinced that rental control is a counter-productive in the medium and long terms.

At the same time, I'm also seeing rent (and property prices) increase to the point that it's driving out large number of people from the city - including the people that's needed to make the city work. If the trend continues - and I see no reason that it won't - I expect it to lead to an acceleration of transfer from the poor and middle classes to rentiers.

Is there anything constructive that can be done to address this, or is it just simply the way of the market and people will just have to suck it up that they're trapped in poverty due to ever increasing housing costs?

[Josquius]

Looking at housing in cities with big housing problems is usually concentrating on symptoms rather than the core problems.

[Barrister]

Okay, I'm convinced that rental control is a counter-productive in the medium and long terms.

At the same time, I'm also seeing rent (and property prices) increase to the point that it's driving out large number of people from the city - including the people that's needed to make the city work. If the trend continues - and I see no reason that it won't - I expect it to lead to an acceleration of transfer from the poor and middle classes to rentiers.

Is there anything constructive that can be done to address this, or is it just simply the way of the market and people will just have to suck it up that they're trapped in poverty due to ever increasing housing costs?

Oh sure - just saying "rent control is bad" doesn't mean there isn't a very real problem going on.

I feel like it's a combination of NIMBY zoning rules preventing greater density and mismatched market demand with even first time renters/buyers looking for ever larger accommodations and granite countertops.

[Sheilbh]

Okay, I'm convinced that rental control is a counter-productive in the medium and long terms.

At the same time, I'm also seeing rent (and property prices) increase to the point that it's driving out large number of people from the city - including the people that's needed to make the city work. If the trend continues - and I see no reason that it won't - I expect it to lead to an acceleration of transfer from the poor and middle classes to rentiers.

Is there anything constructive that can be done to address this, or is it just simply the way of the market and people will just have to suck it up that they're trapped in poverty due to ever increasing housing costs?

Build more housing - especiall by the state.

I feel like it's a combination of NIMBY zoning rules preventing greater density and mismatched market demand with even first time renters/buyers looking for ever larger accommodations and granite countertops.

lol

When I moved to London we were looking for a flat we could afford with a living room

[Grey Fox]

Okay, I'm convinced that rental control is a counter-productive in the medium and long terms.

At the same time, I'm also seeing rent (and property prices) increase to the point that it's driving out large number of people from the city - including the people that's needed to make the city work. If the trend continues - and I see no reason that it won't - I expect it to lead to an acceleration of transfer from the poor and middle classes to rentiers.

Is there anything constructive that can be done to address this, or is it just simply the way of the market and people will just have to suck it up that they're trapped in poverty due to ever increasing housing costs?

Government owned social housing.

[Admiral Yi]

Okay, I'm convinced that rental control is a counter-productive in the medium and long terms.

At the same time, I'm also seeing rent (and property prices) increase to the point that it's driving out large number of people from the city - including the people that's needed to make the city work. If the trend continues - and I see no reason that it won't - I expect it to lead to an acceleration of transfer from the poor and middle classes to rentiers.

Is there anything constructive that can be done to address this, or is it just simply the way of the market and people will just have to suck it up that they're trapped in poverty due to ever increasing housing costs?

More Brutalist high rises in remote suburbs.

[Duque de Bragança]

Okay, I'm convinced that rental control is a counter-productive in the medium and long terms.

At the same time, I'm also seeing rent (and property prices) increase to the point that it's driving out large number of people from the city - including the people that's needed to make the city work. If the trend continues - and I see no reason that it won't - I expect it to lead to an acceleration of transfer from the poor and middle classes to rentiers.

Is there anything constructive that can be done to address this, or is it just simply the way of the market and people will just have to suck it up that they're trapped in poverty due to ever increasing housing costs?

More Brutalist high rises in remote suburbs.

This worked in the '60s and '70s to eliminate slums, as a matter of fact.

[Tonitrus]

Okay, I'm convinced that rental control is a counter-productive in the medium and long terms.

At the same time, I'm also seeing rent (and property prices) increase to the point that it's driving out large number of people from the city - including the people that's needed to make the city work. If the trend continues - and I see no reason that it won't - I expect it to lead to an acceleration of transfer from the poor and middle classes to rentiers.

Is there anything constructive that can be done to address this, or is it just simply the way of the market and people will just have to suck it up that they're trapped in poverty due to ever increasing housing costs?

More Brutalist high rises in remote suburbs.

Lots of these:

[Oexmelin]

This is actually super exclusive Habitat 67 in Montreal, with its own private shuttle to downtown.

[crazy canuck]

Okay, I'm convinced that rental control is a counter-productive in the medium and long terms.

At the same time, I'm also seeing rent (and property prices) increase to the point that it's driving out large number of people from the city - including the people that's needed to make the city work. If the trend continues - and I see no reason that it won't - I expect it to lead to an acceleration of transfer from the poor and middle classes to rentiers.

Is there anything constructive that can be done to address this, or is it just simply the way of the market and people will just have to suck it up that they're trapped in poverty due to ever increasing housing costs?

Government owned social housing.

Yes, and also zoning requirements that developers include social housing within their developments in return for greater density.  Win Win.  Well except for the house owners nearby who don't like the added density, but they can comfort themselves with the dramatic increases in their property values as single detached homes become about as common as unicorns.