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» Daily reminder: home values are not increasing
  1. Results 1 to 18 of 18
post 1690128133 09-15-2023, 04:37 PM
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  1. r32gojirra
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Daily reminder: home values are not increasing

If the house is the same but the nominal price in dollars has gone up

That just means you need to work more hours to earn the number of dollars required to buy it

So the value of your labour went down

It’s the same house. It didn’t go up in “value”. No, value =|= changes in nominal price.

Inb4: but I got a 4% raise this year!

So what. You still went backwards in real terms.

Inb4: But I remodelled my house! That’s where the increased value comes from!

Nope. You partly offset the depreciation on the structure. It’s a decaying building with finite economic life.
post 1690128503 09-15-2023, 04:46 PM
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  1. OliverHeldens
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Rentcels win again! Fixed rents for a year.
post 1690128803 09-15-2023, 04:53 PM
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#3
  1. r32gojirra
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Originally Posted By Anachron
A bit of a nitpick - It's a decaying building, but...

Tell me how you're going to build more land.
For the purposes of the above, you need to run energy transmission infrastructure (plus increase generation capacity) roads, plumbing and schools.

In practical terms, the government needs to get out of the way in terms of regulation that actively prevents this.
Originally Posted By OliverHeldens
Rentcels win again! Fixed rents for a year.
Works out great if you have only 1 year left to live. #winning
post 1690129003 09-15-2023, 04:57 PM
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#4
  1. OliverHeldens
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Originally Posted By r32gojirra
For the purposes of the above, you need to run energy transmission infrastructure (plus increase generation capacity) roads, plumbing and schools.

In practical terms, the government needs to get out of the way in terms of regulation that actively prevents this.



Works out great if you have only 1 year left to live. #winning
Also works great when rents drop next year.
post 1690129213 09-15-2023, 05:02 PM
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#5
  1. r32gojirra
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Originally Posted By OliverHeldens
Also works great when rents drop next year.
Lmao

Rent increases are causing the very inflation that is crushing real incomes

Rentcucks when will they learn
post 1690129223 09-15-2023, 05:02 PM
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#6
  1. pondus_levo
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Originally Posted By OliverHeldens
Also works great when rents drop next year.
I have never heard of rent dropping. Please explain.
Forever alone? Attraction and keeping the girl chasing you - http://forum.obnoxiousbrutes.com/showthread.php?t=131498033

You will never know your limits, unless you push yourself past the imaginary lines you have drawn in the sand.

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post 1690129393 09-15-2023, 05:05 PM
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#7
  1. OliverHeldens
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Originally Posted By pondus_levo
I have never heard of rent dropping. Please explain.
You might have to change apartments to make it happen.
post 1690129953 09-15-2023, 05:14 PM
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#8
  1. IlChosenOne
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Originally Posted By OliverHeldens
Also works great when rents drop next year.
Fukn lol
* Rawdog crew * Creampie crew * Poverty crew *

Haven't worn a condom since middle school crew

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post 1690130053 09-15-2023, 05:17 PM
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  1. r32gojirra
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Originally Posted By OliverHeldens
You might have to change apartments to make it happen.
Oh I get it now

Like change from a 3brm loft to a ground floor studio

Lmao
post 1690130143 09-15-2023, 05:19 PM
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  1. BalognaNbeans
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Is OP the most miserable kunt on the misc?

I swear all you do is try and put people down
post 1690130663 09-15-2023, 05:29 PM
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#11
  1. OliverHeldens
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Originally Posted By r32gojirra
Oh I get it now

Like change from a 3brm loft to a ground floor studio

Lmao
Rents are down from 2022 in many US markets, that trend will continue for next year.
post 1690131393 09-15-2023, 05:42 PM
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#12
  1. r32gojirra
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  1. r32gojirra
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Originally Posted By BalognaNbeans
Is OP the most miserable kunt on the misc?

I swear all you do is try and put people down
Zestimate-cel detected
post 1690139263 09-15-2023, 08:34 PM
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#13
  1. DeadlyStriker
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Just a loss of purchasing power. Fiat currency is a ticking time bomb. They do a very good job of keeping it alive and manipulating it though
Originally Posted By Anachron
Source please.
Rents by me are the highest I've ever seen by far lol.
post 1690139843 09-15-2023, 08:45 PM
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#14
  1. akferd
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Originally Posted By BalognaNbeans
Is OP the most miserable kunt on the misc?

I swear all you do is try and put people down
Dont be so bitter, rent isnt due for another two weeks. Just dont be late. You know your LandChad doesnt like that.
post 1690235323 09-17-2023, 07:58 PM
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#15
  1. r32gojirra
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Originally Posted By akferd
Dont be so bitter, rent isnt due for another two weeks. Just dont be late. You know your LandChad doesnt like that.
Don’t forget a minimum 20% gratuity

Your lord is, after all, providing you with an essential service

That deserves at least as big of a tip as the self-checkout at wholefoods
post 1690235423 09-17-2023, 08:02 PM
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#16
  1. LogicalLifts
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Originally Posted By BalognaNbeans
Is OP the most miserable kunt on the misc?

I swear all you do is try and put people down
Who exactly is he 'putting down'?

If I say "I'm raising rents across the board on all my investment properties, and I also got a 14% raise (y:y) net, and I am the happy father of a beautiful baby girl with a loving, blonde, pure German wife" - who does that 'put down' exactly?

TIA.
post 1690236203 09-17-2023, 08:21 PM
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#17
  1. moosik85
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Nothing is going up in value our money is losing its value
Plant the trees in whose shade your grandchildren will play
post 1690237613 09-17-2023, 08:45 PM
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#18
  1. Kraken
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Originally Posted By r32gojirra
Rent increases are causing the very inflation that is crushing real incomes
What? Is this the satire your signature is referring to?

I’m still trying to figure out how houses stayed the same, so value didn’t go up, but labor is now different, so its’ value went down?
One party system; Most Republicans are Democrats, but no Democrats are Republicans.
Hayek and Mises were right; they're all socialists.
"To Call something fair or unfair is a subjective value judgment and not liable to any verification" Ludwig Von Mises
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