/biz/ - Business & Finance

>>18050060
>MY INVESTMENT IS NOT PAYING OFF
>TAXPAYERS REFUND ME!!!

what "cost" are they whining about. people booked a room at their shitty apartment. pandemic happened. now the booking is canceled. the host is out zero money. piss off

>>18050060
Meanwhile, eBay had expanded and extended seller protection.

I guess it makes sense. Nobody will actually be getting their vacations, whereas they'll still be getting their stuff (just late).

High reward = higher risk. So it goes.

>>18050123
They went in the hole buying the building in the first place, then cry when it doesn't print money for them. Turns out landlording isn't as easy as people believe.

>>18050182
it was as easy so far. but there was always the high risk of the bubble popping that everyone above an iq of 120 saw and now it's happening.

>>18050060
I don't get it, what "cost" are the hosts being stuck with? They're missing out on making money because of cancellations but they don't have any costs sunk into any specific booking do they? Are they really acting like they're so specially hard done by because their business isn't making money when the country is practically shut down?

>>18050209
I just hope you're right. If they manage to kike the market again I will probably kill myself. I just cant do ten more years of ZIRP in ZOGmerica

>>18050259
I should specify "their business" which was built on the foundation of someone else's business, just like a YT channel or something...

>>18050278
airbnb prices are crashing. there are millions of empty airbnbs everywhere, while hosts are, slowly, starting to bid each other under. rent follows, then prices, as those who actually need the money now start, then the panic ensues.

>>18050060

Real estate speculators BTFO

>>18050122
Kek fpbp, literally fuck these retards and fuck every retard that thinks they can make a risky decision and not own that risk when it backfires. They're the ones who no doubt gloat and think they're smarter than everyone else for making money with the airbnb bubble while others weren't. Now its popped and they can't accept their gamble didn't pay off.

Airbnb board of directors are literally the based department after this. Absolutely god tier move.

>>18050060
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

>>18050417
>Airbnb board of directors are literally the based department after this. Absolutely god tier move.
imagine praising turbofaggots because a closer tier of faggots get burned
crab in a bucket mentality is truly the scourge of lower class

>>18050060

My aunt and uncle were making a killing doing this and I was king of jelly, but I also resented them because fucking EVERY goddam boomer real estate speculator was out there driving up prices trying to get rich when all I wanted to do was just buy a nice home and make an honest living doing something productive. I can get a goddam loan and buy a house and rent it out too, but it seems grimy, like this shouldn't be happening but the banks and government and easy money flying around are letting it happen.

Anyway, the boomer aunt and uncle were complaining on the family group chat about all their AirBnB cancellations and the group of students that are renting a house are out early for the semester and moving out early and stiffing them on their April rent and all that lost money means they have to dig into their savings and they're hoping things turn around.

>>18050259
They want to pay the mortgage on schedule vs jump through any hoops to get the payment deferred. If it's mortgaged as a commercial investment property, they may not even be eligible for deferment.

>>18050480
>crab in a bucket mentality is truly the scourge of lower class

Look fag, it's tough times all around. Open borders pretty much guarantees that we'll observe the emergence of a global average standard of living far below the one we currently enjoy, and any deluded faggot that thinks they're gonna get to become a rich landlord and avoid getting dragged down into the puddle of shit like the rest of us has another thing coming.

>>18050060
Every airnb host I ever stayed with was a raging greedy piece of shit. Fuck that shitty service... Am banned for life for calling them out.

>>18050417
>Airbnb board of directors are literally the based department after this. Absolutely god tier move.
If the management at airbnb is anything like etsy (They are) then it's likely the 40k letters to Congress are being facilitated directly through the airbnb seller app.

I know etsy had the same press a button to send a letter to Congress demanding a bail out. I x'd it out.

>>18050566
fucked these leverage mother fuckers. you property fags deserve it.

>>18050657

>admitting that you're the crabbiest crab

A flood of dumber people coming into your country is an opportunity for you if you have any sense at all retard

>>18050683
>>18050566
any job where you are speculative middleman are parasites

>>18050566
My dad does AirBnB but he does it responsibly, with properties he owns, not maxing out debt. And he has a normal tech job with the govt

>>18050685
Holy fucking longnose. Letting shitskins flood in isn't an "opportunity", it's a plague

Lmao sucks to suck you fucking pricks, sure would be nice to be able to buy a house to live in without competing against speculators

But hey if were bailing out the cruise industry, why not them too

Anyone hope that congress offers them relief just because you hate NEET 4channers and are contrarian? In fact, the more you guys post angry comments about landlords, the more I want to see them screw you.

I honestly hope landlords raise rent on every poster here. Especially the /leftypol/ tourists.

>>18050566
>I can get a goddam loan and buy a house and rent it out too, but it seems grimy,
And a lot of AirBnb host did that.
I heard of people that mortage their payed homes to buy second and 3rd homes to rent out. Having overhead costs up in the 2k€.
They dun goofed.

I told them several times the year of the Rat was coming... should have listened.

>>18050791
Tbhf Airbnb is nice for traveling around Europe as a poorfag student. It's also comfier if you're a couple.
That said, I have a job now and can afford regular hotels so fuck them.

>>18050787

I vote for closed borders nigger, but I don't willingly tie my hands investment wise just because the future may not be so rosy. You're poor of mind which is why you will always remain so.

>>18050685
>A flood of dumber people coming into your country is an opportunity for you if you have any sense at all retard

It was an opportunity for the boomers at first, but the flood of dumb people aren't bringing land, infrastructure, housing, resources or jobs with them. All these things have to be provided for them when they get here. If the dumb, poor people move here faster than the American Dream can be provided for them then they just end up being poor here and bringing all the issues associated with poverty with them. No, you stupid fag, importing millions of poor people every year isn't a unique opportunity, a boost for the economy or an overall good you stupid faggot kike. It's setting the stage for a goddam revolution and will eventually tear the country apart.

Airbnb host here AMA

>>18050893
how do you determine your price?

>>18050866
>I have a job now and can afford regular hotels so fuck them
hotels are much greedier than airbnb

tbe inly goo dthing is that hotels dont fuck over housin prices since they build in scale

>>18050870
yeah ok kike. enjoy trying to sell widgets and bobbles to third worlders

>>18050910
Idk I just set a random price I thinks fair

>>18050890

See: >>18050870

I don't understand what you're even trying to tell me. It's still an opportunity with the right mindset. Is it beneficial for the whole of the United States? No, I never said that. But the rich in mudholes like Brazil got there by utilizing the hordes of dumb consoomers to their advantage. Crying about it and sitting in your shit filled diaper isn't going to do anything for your own future, the world is a dynamic place and that's how you should operate as well. You guys are pathetic.

>WAAAAAHHHHHH MY COUNTRY ISN'T GOING TO REMAIN THE MOST PROSPEROUS COUNTRY IN HUMAN HISTORY FOREVER

>>18050949
how far ahead is ur place normally rented out

>>18050929

No, it's property. There will be a "renter" class and "owner" class just like there always is, everywhere, and that wealth gets progressively more entrenched with time. You can either complain about it and daydream about your great Marxist revolution or get on board and put your foot in the door. Europe's situation is even worse than America's due to their age and history, the owner class and their children are permanently set.

>cost
What cost? They're renting rooms in their homes. Please dont tell me we had idiots overleveraging themselves and taking out mortgages or subletting rental units on the hope that they could AirBnB it forever.
We may need laws to prevent idiots from trying to start "small businesses". A "you need to own your shit" law or "just give the bank partial ownership up front instead of paying interest", so we don't end up having to bail these fucks out every ten years.

>>18050990
What happens when an artificial super intelligence completely takes over the planet? (If you deny this will happen you have a low IQ)

>>18050919
Yeah but I feel filthy and a cuck going to an Airbnb. Hotel has a feeling of statuts and privacy. Same reason I never took a single Uber but preferred taxis. It just feels more natural and the relationship provider/customer is much more healthier.

>>18050990
Actually no, except in Paris and arguably downtown Lyon, at least in France. Everybody and their mother can buy a new apartament in every big city in France since every mayor is building new neigborhoods + gentrification of old decrepit downtown areas. Same goes in Italy, Albania, Spain and Bulgaria (I've only lived un those countries so far).

>>18050791
None of the anti landlord sentiment is organic /biz/ we've been raised hard and relentlessly since 10 year treasuries dropped to zero by communist leftypol denizens.

I suppose now should be the time they take to the streets to block highways, and such, but there's a cough going around or something, so the revolution is contained to a Mongolian cartoon enthusiasts forum.

>>18051110

I'm a fucking programmer, I expect this to happen at some point, but I'm not putting all my chips on it happening in my lifetime. The fuck is wrong with you doomers. What if you're wrong and Jimmy Numbnuts is sipping cocktails on the beach in his 50's while you're still a wagie?

>>18051219

The only one you got right was Italy

https://www.statista.com/statistics/237529/price-to-income-ratio-of-housing-worldwide/

And that's since their economy is nil. Not that I'm mad, I'd love to move there someday.

>>18051255
Only acceptable form of landlording is having student residences in universitary cities. Everything else is parasitic and taking avantage of wageslaves and poorfags that can't afford buying because their bank doesn't give them credit because they had no inheritance because their parents were poor. It's playing on thé same team as bankers which is never moral, but if you don't care about morality whatever. I just can't do it and deal with humans being in all kinds of fucked up situations and squeezing a rent out of them. It feels wrong.

>>18050060
Serves them right for gentrifying and being assholes in general. That said, how many Nervos to buy a house in 2022?

The AirBnB "not risky mortgage at all" bubble is about to pop. All those boomers that had decent credit and got leveraged to the hilt trying to find a way to retire comfortably are about initiate the collapse.

>>18051307
I don't know it's just anecdotal evidence. People in Bulgaria and Albania usually work abroad a few years before buying something home, which renders the stat moot. And french statistics are fucked by Paris which has the stupidest most overrated real estate in Europe, only second to London maybe.

>>18051399

>Gentrifying is bad

somehow a worse take than "all landlording bad" has entered the thread

The landlords are objectively in the right here

>b-but muh feelings on this disagree!

>>18051423
I meant I only had anecdotal evidence.

I hope they all declare bankruptcy and lose their property. Maybe than home prices will become a little more affordable.

So who's the more useless "middleman" here, the app ran by a room full of greedy Silicon Valley tech bros scraping fees off the top of everything, or the individual homeowners taking care of the properties and fulfilling boarder requests? Actually curious. Hypothetically one could exist without the other.

>>18051492

They're both equally useless and greedy, just at different levels.

>>18050122

Several people (illegally) sublease apartments they rent en masse just to increase their delicious Airbnb cashflow. They are now stuck with upwards of 40k+ in rents that will surely go unpaid. The landlords will have it easy since the apartments are basically empty but oh boy those hosts are gonna get their ears sweating from too many phone calls.

Of course, there's also the stupid airbnb landlords that will suddenly default and beg for moratorium over their mortgage. The whole thing is a mess and it's all their fault for pretending that playing dollhouse was "entrepreneurship" and that rent is "income".

>>18051452
>overleveraging like a retard
>objectively right
No.
If you own your property and rent it out to build savings, that's one thing. If you take out mortgages, or sublet twenty different apartment units and have $40K due in rent or mortgage payments next week, that's on you for being an idiot.
It's no different from opening a margin account and getting BTFO. You don't deserve a bailiout when the margin calls come in. You deserve debtors prison for gambling with other people's money and acting like a leech. Either be a worker or be an owner, but don't be a dumbass stuck in the middle trying to suck blood from both sides.

>>18051574

So you'd rather be forced to deal with hotels and pay ~50% more per night?

>>18050060
Rentseekers BTFO

>>18051377
You guys really have your bayonets facing the wrong way.

Yes, the bankers and hedge fund globalist are shitbags. 90% of landlords are are just working stiffs making lemonade from the lemons handed to them by big money overlords.

You want to attack the root of your troubles? Go after the big guy who finances your entire blacblock movement, and the rest of his friends. They're the ones rigging the system.

Listen, I love you, because you're a fellow human, but you need to get your head screwed on straight. The government actors, teachers, media, and actual big money globalist that puppeteer your entire movement are the real problem.

I'm gonna Mic drop here, because life is too short. Love you bro.

These idiots get what they deserve. Sometimes I get a short term rental for work (1-4 weeks). It was better when I had to use the classified ads or craigslist. Having a simple app and then marketing it, opened it up to the stupid people that never would have thought of this or been able to figure it out before. Now all those stupid people are gonna find out what happens when the money stops. Kek

>>18051754
Redpilled but also blackpilled

Modern progressivism is a bad joke.

AirBnB should pay for these cancellations.
Not the home owners and not the renters.
The company should take responsibility.
After all they're just scraping fees so they have plenty of money.

>>18051754
>t. sweating leech
Nobody made you overleverage. Not the renters, and not the bankers. Nobody held a gun to your head and forced you to sell your soul to the group you're painting as the globalist banker devil now. You did that all on your own. This is the future you chose.

landlords should have cash reserves paid for by rent cucks for times like this. things will recover and the paycheck to paycheck landlords will probably lose their properties. the smarter ones will continue STIFFing rent cuckers for all eternity

>>18051919
Nope. AirBnB provides the software service that facilitates users with the ability to coordinate rentals. Making them pay for the home owner's idiocy is like saying a company that makes phone books should pay whenever customers cancel dinner reservations at restaurants.

Overleveraged idiots who dont consider risk should be left out to dry.

>>18052048
>Nope. AirBnB provides the software service that facilitates users with the ability to coordinate rentals. Making them pay for the home owner's idiocy is like saying a company that makes phone books should pay whenever customers cancel dinner reservations at restaurants.

I disagree. A phone book doesn't cancel a dinner reservation on the restaurant's behalf. Cancellations should be between the customer, the host and the attorney general's office if they truly believe a state of emergency wareants a cancellation. Of course overleveraged real estate speculators deserve to be blown the fuck out, but so do greedy tech giants speculating on the speculators.

>>18050123
Some people rented out flats, so they could put them on AirBnB for easy money. Turns out, investmenting has it's risks.

> THE TAXPAYER IS SUPPOSED TO BAIL ME OUT AFTER MAKING ALL THIS EASY MONEY IN GOOD TIMES!!!

>>18052048

>look, I made a shitty port of an existing idea and IP in middleman service apps, I should scrape billions in profit for all eternity while the managers of the actual physical assets rot

Interesting logic anon. Speaking as both a software engineer and owner of a rental property, software has way higher profit margins and puts tons of people out of work, a lot of the time for simple copy/paste app ideas.

>>18052436
>investmenting

Heh

>>18051110
You are an ape if you think this will seriously happen within the next few centuries. Machine learning isn't even close to this level of sophistication

>>18052436
i mean, generally, renting places with strict cancellation policy months ahead also has risks. airbnb lifted all risks from guests to hosts.
imagine putting up your airbnb at cheap prices to have a steady influx of guests so it gets rented out for a year ahead (happens to cheap airbnbs at good locations).
while another host puts up 3x the price with lenient cancellation policy and is fine with running empty 70% of the time.

airbnb heavily punished hosts that have their properties rented out a lot (those with good value offers), over those that are more opportunistic.

it could have, for example, halven the costs. like let guests cancel for half the price they'd have had to pay.

I T S F R E E R E A L E S T A T E

https://twitter.com/IamShaneMorris/status/1241703904154247168

>>18052436
i mean, generally, renting places with strict cancellation policy months ahead also has risks. airbnb lifted all risks from guests to punished hosts.
imagine putting up your airbnb at cheap prices to have a steady influx of guests so it gets rented out for a year ahead (happens to cheap airbnbs at good locations).
while another host puts up 3x the price with lenient cancellation policy and is fine with running empty 70% of the time.

airbnb heavily punished hosts that have their properties rented out a lot (those with good value offers), over those that are more opportunistic.

it could have, for example, halven the costs. like let guests cancel for half the price they'd have had to pay.

>>18050182
They can literally just get a mortgage deferral for a basically indefinite period of time. Every single bank or lender is offering this right now. They would rather just pause payments for 6 months, and extend you mortgage by however long you didnt pay, than foreclose on people's homes. If banks just started foreclosing on everyone who couldn't pay right now the entire economy would literally collapse.

tl;dr, they'll be fine, just do what everyone else is doing and defer their mortgage payments

>>18051948
Not even a landlord, dude.

>>18050480
airbnb hosts know they're raising real estate costs for working class people who want somewhere to live. they don't care enough to not to it.

>>18051754
Holy shit, how retarded are you? Nobody likes these fucking people. I'm to the right of Mussolini and I can't stand RE speculators. They are a net drain on society.

>>18052919
the way you're talking is pretty weird though.
you have no right to be angry at landlords. you can only be angry at "the bankers and hedge fund globalist"!
in london there are areas literally run like a cartel. landlords often don't mind their properties running empty rather than making an offer below the other.

ahem

>>18052996

>to the right of a socialist

Wow big think

Owning land should be dependent on occupancy. It should be (and will become) illegal to own land that you do not live on. Vacant property is seized by the state and put up for sale/auction, and when a person purchases it they must live on the land/in the property.
You are not allowed to purchase land to rent to people. If you can't afford to buy land, you live at home until you are, or until your parents die and you inherit the property.

FUCK LANDLORDS
FUCK AIRBNB HOSTS
FUCK JEWS
FUCK NIGGERS
AND OF COURSE, FUCK JANNIES

>>18053040
This will never ever happen. If I want to build a store or restaurant I should be required to live there? People won't be allowed to own cabins or vacation homes anymore? Everyone that's currently living in an apartment is just going to be told to gtfo and buy a house because the landlord doesn't live there and the state is tearing the building down?

Your ideas are bad and you should feel bad

>>18052919
>>18053008
btw i don't despise landlords, if they choose this way of making money and can live with themselves, go ahead. i'm sure many are actually decent people.
but i don't really see how bailing them out when their investments fail is much less damaging than bailing bankers out when their investments fail.

>>18053105
>FUCK LANDLORDS
>FUCK AIRBNB HOSTS
>AND OF COURSE, FUCK JANNIES

BASED
A
S
E
D

>>18053105
wholly based

>>18053150
It's going to happen within the next 5 years.

>>18053178
Or they just do >>18052916

Landlords are actually in a really good position right now. They can still demand rent from their tenants and bank (or invest) almost all that money essentially as a tax free loan. Its the small businesses leasing or renting their office/retail/warehouse space that will be totally fucked by this, not the landlords.

And then after this is all said and done, they'll be able to renegotiate their mortgages at a fraction of the interest costs. Their properties will probably fall in value, but that's only over the short term.

>>18053178
like, what will happen if landlords declare bankruptcy.get foreclosed en masse?
the properties won't disappear. housing will literally just become cheaper. bailing them out from taxpayer money is like making tenants pay them so they can be charged more rent in the future.

>>18053240
>They can still demand rent
not if they were relying on airbnb (and others) rather than long term leases. airbnb hosts are actually fucked rn.

>>18052882
>i mean, generally, renting places with strict cancellation policy months ahead also has risks. airbnb lifted all risks from guests to punished hosts.

AirBnB was in a tough spot. I'm sure customers were inundating them with requests to cancel, citing their "extraordinary situation" policy, and the WHO declaring a pandemic and the president urging people to stay home is such an event. Fuck the hosts and real estate speculators in general, driving prices up for everyone else because they want to get rich while adding nothing of value to the world.

>>18052882
>punished hosts
It's not a punishment if they actually own the properties they're renting out though? It's just slow business for a short period of time. It's not like someone could actually be retarded enough to not have a contingency plan for when a revenue stream breaks, right?

>>18052916
>They can literally just get a mortgage deferral for a basically indefinite period of time.

A lot of banks are offering deferrals for primary residences but not investment properties.

>>18051452
the banks are in the wrong for not managing the risk of the loans they're handing out. let them foreclose

>>18050278
>ZOGnald
>ZOGmerica
>ZOGbots

I'm not disagreeing but you sound really fucking stupid when you try to make new words with half of it being an acronym. Its either glowies that use anything that unironically starts with ZOG or its babbys first white nationalism. Stop reading storm front and go read counter currents instead. Elevate yourself a bit.

>>18053329
>they want to get rich while adding nothing of value to the world.
>meanwhile everyone on /biz/

>>18053387

>surely my crypto shitcoin speculation is worth more than landlording

>>18050841
year of the rat?why is that significant?
let me check that real quick...
last year of the rat was 2008...

>>18053387
Many of us could have bought into this bubble but chose not to. I've felt home values are insane for some time, and even if there were returns to be made, I felt I'd get justed in the long run.

I do not feel compelled to bail these faggots out. I do feel compelled to eliminate taxes on income and sales and raise taxes on unimproved land values.

>>18053387
we're not fucking anyone ever though - except the people just as degenerate as us trying to screw us. it's gambling, you don't feel bad for the guy you drop the flush on, everyone agreed to play the game.

renting isn't like that. you're squeezing people out of homes who have no interest in playing your game.

>>18053606

You can buy a shitbox for $50-60k anywhere in the US retard.

>>18053606
yeah i think you're right there definitely are landlords who keep the prices artificially high rather than letting the market dictate them.
it's probably an inefficiency that hasn't been solved yet.

>>18053632

>the answer is right there: local governments that make zoning tight and building deliberately impossible to drive up values, then extort local property owners of property taxes
>it's probably an inefficiency that hasn't been solved yet

It is hard being a stage 3 investor on a stage 0.5 investing board

>>18053680
>deliberately impossible to drive up values
wat

>>18053701

*drive down

This is all a supply problem. Namely, an artificially limited supply created by crony governments. You'll notice the most egregious cases of landlord price gouging are in tax gouging deeply Democratic states and cities.

>>18051919
you dont get paid till the guest is in the property.

>>18053701
>local governments that make zoning tight and building deliberately impossible to drive up values
>building deliberately impossible to drive up values
>(make) building deliberately impossible
Are you ESL? What don't you understand

>>18053748
price gouging happens across the globe and is a natural result of running housing as a business for profit

>>18053757

The fuck do you not understand about the phrase "make zoning tight and building deliberately impossible"? "Building" is a verb that follows from "make", you don't say "make" twice that's redundant you idiot.

>making airbnb your livelihood
theres the fucking problem, airbnb is side-money only. Fuck these idiots that use it as their only source of income

>>18053757
how will making building impossible make existing property values lower

The solution is simple and I already said it
You are not allowed to own land that you do not live in. The state controls all unoccupied land and people buy land from the state and own it so long as they occupy the land.

>>18053919

>>18050791
Based. Commies get the gas along with their (((masters)))

>>18053919
communist way doesn't work. people just do the agreements bypassing the state, and it only worsens the situation for everyone.

YOUR EMPIRE OF PILLOW FLUFFERS

>>18053965
The bootlickers are those defending banks and landlords for doing literally nothing but "owning" land that they don't even use

>>18054040
mad landlord is mad

>>18054046
There is a lot of room between your neighborhood landlord and billionaire Jewish bankers.
Kill yourself faggot. But don't forget to pay your rent first.

>>18050122
> oy vey I'm afraid the bank has to confiscate the property if you cannot pay the mortgage

>>18054317
yes, one is a lil pussy ass bitch of the other. both are scum

>>18053919

>>18050714

They are basically extensions of the bank, where they guarantee the mortgage that people with less credit wouldn't get. Now that their gamble lost they want to win anyway. That's not how life works.

>>18054046

And yet you're over here saying one super-powerful central entity should own and determine the rates for EVERYTHING. Rather than a variety of competing interests that keep each other in check. You're a moron. "The state" is composed of the same exact greedy rent seekers who show their colors every single time, did you miss the part where "the state" is majorly responsible for housing price inflation in cities?

>>18053919
Just put a tax on unimproved land value and don't tax anything else. Problem solved.

>>18054363
>t. keyboard warrior who would never win a single fight in his life

>>18053919
no

>>18054384

>can't pay his rent or wipe his own ass
>accusing anyone else of being incompetent

>>18050122

>>18054384
Fuck this Reddit-tier snark. End it now faggot

>>18051754
> landlords dindu nuffin

>>18054371
>a variety of competing interests that keep each other in check

>>18054541

You have nothing to dispute. Your concept of combating "price inflation"... is to create the ultimate form of it: a government monopoly. You're a fucking moron. Now you have one small select group of people playing kingmaker and deciding who gets a house based off of your political allegiance. Great job retard.

>>18050060
Based. Press S to spit on landlords.

>>18054560
lmao imagine still being an ancap faggot

>>18054641
It's possible to not be an ancap retard and also not a fucking Commie at the same time

>>18054701
agreed

>>18054641

>ancap

How about "reasonable." As in I see a need for both a government to regulate housing in general (without going too far) and a demand for rental housing bought and maintained by private actors. Imagine being economically illiterate and still thinking your extremism is valuable in discussion.

>>18054701

It's also possible to not want to live in a society full of speculating kikes and not be a full-blown communist. How do we counteract this culture of greed and debt? Only by burning down the whole edifice (the collapse many of us were hoping for) or by rallying around a monstrous movement that would remove greed and debt by force.

>>18054749
>imagine being economically illiterate and still thinking your extremism is valuable in discussion.
no need, it's what im witnessing right now

>>18053474
Chinese associate this year with bad omen, an to make things worse, year of the pig, the previous year is the year for investing. So everytime the pig ends and rat begins, chink decide to pull every investment and hold.
Now in 2008, China wasn't even big enough to affect directly but that whiff still got to the markets in September.
This year it was obvious it would be even bigger.

Even without Corona, market would have crashed this year. Maybe Corona is helping because it will give a false sense of security once the vaccine comes out and people will be business as usual after.

We will see.

>>18054806
>no need, it's what im witnessing right now

>>18054803
>How do we counteract this culture of greed and debt

You kill humans. Humans do this because this is how humans are. You're just as greedy, just out of the money and bitter about it, even willing to crash everyone else's good time so you don't have to deal with the bitterness derived from that greed. It's an amazing cycle.

>>18050566

And thats a good thing

>>18054749
anything which isn't ancap is complete unreasonable
there not only isn't a need for government at all, but especially not interfering with housing, since this is something they've provably fucked up since time immemorial, just like everything else they touch

>>18054840
>it's a soijack poster too

>>18054803
>It's also possible to not want to live in a society full of speculating kikes and not be a full-blown communist.
Yes. No argument there.

>Hello I would like rent property for temp live in
>>No, you must rent at premium rate on Airbnb
>>>Hey I got to cancel rent because of Chinese virus
>>NOOOOOO YOU CAN'T JUST TAKE YOUR MONEY AND STAY HOME WHO'S GONNA PAY MY MORTGAGE

An entire thread about JUST'ing the RE market via airBnB and not a single motherfucker remembers 2008.

THe banks learned in 2008 that actually foreclosing and evicting tennants is a losers game. They get bad press, tennants torch the properties and they lose their ass on the deal anyway.

Banks are just going to file liens, let the rich boomers sit on their assets until they go to sell and then claw back as much as they can.

The impression that all of these airbnb's are going to foreclose is just BS.

The owners are still going to get fucked either way, but if they are smart they can negotiate.

My friend got fucked in Phoenix on his house during 2008. He called the bank and said I'll pay off my mortgage if you refinance at the current rates. Banks said get fucked. He mailed the bank the keys and took a lucrative job overseas for 5 years. Moved back and bought a house no problem even with the credit issue. Mortgage company told him they would've done the same in his position.

The rich will be just fine here. Just stop worrying about them.

>>18053040
>and will become
Yall niggas delusional

>>18050122
Checked and kek’d. That’s what they get for inflating housing prices and buying property at the top. Who in their right mind bought a home in the past 2 years, stupid investments end in stupid results

>>18050060
They should commit suicide tbqh

>>18054851
>You're just as greedy, just out of the money and bitter about it, even willing to crash everyone else's good time so you don't have to deal with the bitterness derived from that greed.

No. I just want a home and to be able to support myself and a family. I'd be happy with that. No need for a yacht or fancy car or taking expensive vacations. I understand some people have found that in real estate and that some landlords aren't greedy kikes, but this exacerbates the problem. The entire economy is fucked, but we already knew this. It's built on debt and speculation, and now we require a constant supply of cheap immigrant labor to work the shit jobs we don't want to. The list of issues is a mile long and it's not sustainable, but apparently the government and our leaders can pull some tricks in order to limp it along a little while longer, like offloading shitloads of bad debt from the banks and companies during a crisis so they can issue more bad debt for another 5 or 6 years or whatever.

>>18054501
>post a reddit-tier picture
>get reddit-tier snark
redditors really just fight each other on this site LOL

>>18051597
Eating into residential housing markets to appeal to faggot backpacker kids is dumb.

>>18050893
>>18050949
Prime example of why this is happening

>>18054851
>You're just as greedy, just out of the money and bitter about it
This is the major thing that scares me away from commies. They're so greedy, it's like an oleaginous coating on them.

>>18051307
Price to income ratio did increase in EU but in most of the countries mortages became much cheaper with interest rates
The issue now is : people are indebted for longer and longer

>>18053748
DING DING DING! it’s local governments with building restrictions and guess who loves restrictions, Democrats! My old real estate professor said the same thing and he was on the housing board in my city. Supply and demand

>>18050122

Im sad to see the economy stagnate

But this makes me happy
fuck airbnb "hosts"

>>18050060

Wtf is the deal with this? Im in the US and had a trip scheduled in France for the end of May and their policy didn't include France as a refundable region. The host is trying to force me to cancel and give him half the payment. It's utter bullshit

>>18056561
Check in with that, I had one booked for last week in Paris and was able to get a refund

>>18050060
Some rent an unfurnished property, furnish it, and rent it out for more money to Airbnb customers. Really risky