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Business, Economics, and Taxes: Capitalism. Yay? >=(

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Tiny homes. A LOT of housing issues could be solved if we could allocate plots of land for a bunch of ~500 SF tiny homes. Logistically, there also needs to be parking, living accommodations (grocery stores, laundromat, etc), and public transportation nearby. If sports owners can greedily ask for "entire developments" around their shiny new sportsball arena, then a tiny house developer can do the same.

Also needs to be some housing reform passed. If you can prove you've never missed a rent payment in the last three years, you're guaranteed to get a loan for the amount your rent was for. None of this bullsh*t of "Oh, you're paying $1800 month? Sorry, you're only approved for $150k home because we still don't trust you."
 
aparch said:
Tiny homes. A LOT of housing issues could be solved if we could allocate plots of land for a bunch of ~500 SF tiny homes. Logistically, there also needs to be parking, living accommodations (grocery stores, laundromat, etc), and public transportation nearby. If sports owners can greedily ask for "entire developments" around their shiny new sportsball arena, then a tiny house developer can do the same.

Also needs to be some housing reform passed. If you can prove you've never missed a rent payment in the last three years, you're guaranteed to get a loan for the amount your rent was for. None of this bullsh*t of "Oh, you're paying $1800 month? Sorry, you're only approved for $150k home because we still don't trust you."
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Have you ever read ‘Travels with Charley’ by Steinbeck? He actually extolls the virtues of mobile homes in the book and for me it was pretty fascinating given their reputation in my lifetime.

Along the same lines as your idea I wonder if the federal government could help facilitate development of large pieces of land in convenient, underbuilt locations? There are long stretches of 95 in Maine with nothing that you could add serious housing. Given the modern work from home dynamics and the demographics of our country I think there would be plenty of demand.

I don’t think financing makes any difference as far as solving the issue. It changes who is in a house but doesn’t increase the total number of people in houses.
 
So, how is that paid for? Do you increase taxes or cut funding elsewhere? If you cut funding, what do you cut?
 
We don't even need tiny homes, which frankly look like torture. Just normal 1000 square feet homes that people lived in, with much larger families, in the 1920s. There's no profit margin on them so start a new WPA -- jobs and job training for the people who build them, and labor that actually produces something rather than moving dollars around or murdering people.
 
Legitimately don't know how people raised families of six or more in houses like that without murdering each other.

I think a fairly modest 2,000 square foot house is perfectly reasonable given the demand for home offices now. Three beds, 1.5 baths, two offices, a living room, and a kitchen seems perfectly fine.
 
Drew S. said:
It’s probably different in other parts of the county but in this area it’s strictly a supply issue and there aren’t any great ways to fix it. Obviously you could build a lot more apartments and that would give more people
a roof over their heads but it’s a third rail politically in most towns. Most people want to buy a single family house and there just isn’t the land to build more. You see a lot of places where a 1500 sq ft split level gets torn down for a 6000 sq ft eyesore.
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Bzzzzzzzt.

Pop quiz: 9/11 destroyed nearly 10% of the office space in NYC. Did office space rental rates in NYC go up or down after 9/11? Given that you can’t get over your supply siderism, I’m guessing that you would guess “up.” Significantly lower supply, rents must go up, right? Wrong. Supply was down 10%, but demand was down even more, because so many companies didn’t want to be in NYC anymore.

You do not have to touch supply to move prices down. Leave supply alone, tax the rich, and prices will fall.
 
LynahFan said:
Bzzzzzzzt.

Pop quiz: 9/11 destroyed nearly 10% of the office space in NYC. Did office space rental rates in NYC go up or down after 9/11? Given that you can’t get over your supply siderism, I’m guessing that you would guess “up.” Significantly lower supply, rents must go up, right? Wrong. Supply was down 10%, but demand was down even more, because so many companies didn’t want to be in NYC anymore.

You do not have to touch supply to move prices down. Leave supply alone, tax the rich, and prices will fall.
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I’m sure there are plenty of areas that need more affordable housing options. Not saying we shouldn’t tax the rich as well, but it’s not simply a tax problem.
 
And because a Google search gave me right wing vitriol instead of the ad itself, it's all a copypasta of how Dylan is "perverting womanhood."

So I'm not going to get angry, especially since it's the same 2% screaming into the microphone about how this is terrible.
 
Deutsche Gopher Fan said:
Janet says we may reach debt limit on June 1
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It's a "moving target," according to the disassociated voice of a guest from the radio simulcast of CNBC this morning. Also said to not expect Congress to start negotiations in earnest until a week before/after Memorial Day.

June 15th is also when (quarterly) corporate taxes are due, which will also give a shot in the arm in paying the bills and flirting with the debt limit.
 
ScoobyDoo said:
I think the Dems will have to be the adults and they'll have to cave to McCarthy at least partially. Why? Cause Republicans are always willing to burn the entire ****ing country to the ground to get what they want.
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We need higher taxes and less spending but it folks refuse to accept it. We can’t run a trillion dollar deficit every year forever. Reality will set it at some point and it is not going to be fun.
 
Southwest pilots union just authorized a strike vote. And from what I understand, flight attendants with SWA aren't very pleased either.

Good.
 
Drew, I don’t think most people are going to accept raising their taxes for the sole purpose of paying down debt. Obviously you don’t either, or you wouldn’t vote for a single Republican, least of all Susan Collins. Your hypocrisy is shining bright as usual, as Republicans, or at least Republicans in Congress, don’t accept raising taxes at all, under any circumstances. Is Kevin McCarthy advocating for a tax increase in his budget proposal? F-ck no.
 
psych said:
Drew, I don’t think most people are going to accept raising their taxes for the sole purpose of paying down debt. Obviously you don’t either, or you wouldn’t vote for a single Republican, least of all Susan Collins. Your hypocrisy is shining bright as usual, as Republicans, or at least Republicans in Congress, don’t accept raising taxes at all, under any circumstances. Is Kevin McCarthy advocating for a tax increase in his budget proposal? F-ck no.
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We need to just get to a point where we are breaking even first. It would be nice to get to a point where we are cutting ahead but that isn’t feasible any time soon. This is an opening for Biden to push higher taxes but he isn’t taking it because of the political ramifications.

Going to be a tough day when the market backs away from buying our debt. It obviously isn’t going to happen in the immediate term but if we don’t get off the path we are on the day is coming.
 
Drew S. said:
We need to just get to a point where we are breaking even first. It would be nice to get to a point where we are cutting ahead but that isn’t feasible any time soon. This is an opening for Biden to push higher taxes but he isn’t taking it because of the political ramifications.

Going to be a tough day when the market backs away from buying our debt. It obviously isn’t going to happen in the immediate term but if we don’t get off the path we are on the day is coming.
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There’s also an opening for the GOP not to be a terrorist organization. But let’s do talk about what Biden should be saying.
 
I am all for an aggressively progressive income tax with a 99% top marginal rate, and I welcome Drew's support.
 
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