LA homeowners discovering the rental and housing marke sucks
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Date: January 14th, 2025 8:15 AM Author: offensive prole
Fuck these scum. I am glad they get to deal with what 40% of Americans get to deal with.
https://www.bbc.com/news/articles/cp3w5qr26pwo
"What's available is not nice at all and the rents have gone up a lot," Mr Storc told the BBC. "I told my teenage daughter we had to accept we would live somewhere not very nice."
Yet there was a "tragic" misconception that all of the victims of the Palisades fire were wealthy, according to Pete Brown, a spokesperson for the area's city council member, Traci Parks.
Many Palisades fire victims purchased their homes decades ago, possibly for prices as low as $25,000, he told the BBC.
(http://www.autoadmit.com/thread.php?thread_id=5663721&forum_id=2#48551736) |
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Date: January 14th, 2025 2:08 PM Author: Learning disabled rebellious shrine
Much of LA is very modest housing stock. 2-bedroom, 1,000 sqft bungalows, 2-3 bedroom ramblers from the 50s. When we first moved here I was surprised by how many houses were only 2-bedrooms. A good chunk of what burned in Altadena were working to middle class housing of the era, which remained fairly inexpensive into the 90s, which is one reason why Altadena has a large black and Latino population, it was what they could afford. It's only in recent decade that they started selling for $1+M.
In the 70s you could buy a comfortable 2,000 sqft 3-bedroom ranch house with sea view in Dana Point or San Clemente down in OC for 75k, so it's plausible that the small bungalows and ramblers in modest quarters of LA could be had for a third of that, especially if they already needed some work. And even in Pacific Palisades back in the 70s there were small sub 1500 sqft houses. There was nowhere the volume of wealth or size of affluent populations in the 1970s compared to today.
(http://www.autoadmit.com/thread.php?thread_id=5663721&forum_id=2#48552686)
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Date: January 14th, 2025 6:19 PM Author: Canary Unholy Halford Pozpig
To be fair,
TWIST: No they won't, and you're legitimately retarded if you actually think that.
SOURCE: Huge swathes of Malibu literally go up in flames every decade or so (the last big Malibu fire before this was in like 2018)... and yet in 2025, tons of richmos would still gladly beat a pregnant woman to death with their bare hands on national TV for the "privilege" of shelling out tens of millions of dollars to own a house in that area. In fact, Malibu property values have only continued to rise steadily throughout the last decade... odd case!
(In b4 "B-b-but Pacific Palisades is totally different than Malibu for reasons, it's not the same thing at all, trust me, I know these things!")
(http://www.autoadmit.com/thread.php?thread_id=5663721&forum_id=2#48553397) |
Date: January 14th, 2025 11:22 AM Author: carnelian kitty
reminds me of ITE when a bunch of boomers got ejected from their bubbles and realized "just give him a firm handshake" didn't get you a cradle to grave job anymore.
they created a protectionist NIMBY regime and it's pure justice when they are hoisted be their own petards.
(http://www.autoadmit.com/thread.php?thread_id=5663721&forum_id=2#48552181) |
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Date: January 14th, 2025 5:16 PM Author: carnelian kitty
well two minutes ago you thought his beliefs were:
"I thought he thought that everyone ought to be able to live off land they owned for free and grow veggies and not have to pay the piper. Thought that was his whole thing. Government doesn't let you simply live off the grid you have to EARN." and that he was irate over $25 property tax bills.
so, perhaps you're not informed enough to say what he believed it.
(http://www.autoadmit.com/thread.php?thread_id=5663721&forum_id=2#48553236) |
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Date: January 14th, 2025 6:22 PM Author: Canary Unholy Halford Pozpig
To be fair,
CR... except that instead of being hoisted on their own petards, the federal government will instead quickly step in and fully cover all of these losses for ~110% of their "fair market value" and then just add that to our tab.
You really think the Feds would leave whiny Jews and petulant California Boomers hanging out to dry when they can instead kick the can down the road and further fuck over retarded and demoralized loser Millennials and Zoomers who predictably won't do a goddamn thing in response to getting assfucked yet again?
LJL.
(http://www.autoadmit.com/thread.php?thread_id=5663721&forum_id=2#48553402) |
Date: January 14th, 2025 3:58 PM Author: Arousing Stage
Prop 13 is still so insane to me. I don't think there is an equivalent boomer statute anywhere thats like "you get to stop paying property taxes if you bought your home several decades ago. everyone else who isn't in the special group will just have to pay more." senior exemptions are similarly bad but just not to this level.
property taxes are the one very good tax imo. ensures productivity of land.
(http://www.autoadmit.com/thread.php?thread_id=5663721&forum_id=2#48553026) |
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Date: January 14th, 2025 4:34 PM Author: Heady Ungodly Home Azn
prop 13 is retarded but so are property taxes, the idea the govt can tax u every year even if u've paid off the property is furking insane, it maeks zero sense. its the only tax not tied to annual economic activity like wages, sales tax etc
if u need property taxes to ensure the owner uses it for productive means that seems like a retarded way to do things, u shld instead tax ppl who have 2nd homes that are unoccupied etc
(http://www.autoadmit.com/thread.php?thread_id=5663721&forum_id=2#48553082)
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