Stossel Destroys Socialist Politician On Rent Control
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- Опубліковано 5 жов 2024
- John Stossel embarrassed and destroyed a socialist Minneapolis politician by asking basic questions about rent control.
Original video:
• How Rent Control Hurts...
For politicians, their main concern is to be elected or re-elected...
John Stossel is excellent at calling these politicians out. Each time that he called her on the bad policies, she would change the conversation and parrot the same narrative that low cost housing is needed…
Just like most useless politicians. See it over and over and over...
Rent control hurts future renters by disincentivizing builders. It allows politicians to buy the votes of current renters by guaranteeing them below market rental rates at the expense of housing suppliers. Since renters outnumber housing suppliers, it is good for politicians. Unfortunately, it takes the current renters hostage. If they move out of the apartments, the next apartment will be at market rates and seem very expensive. This hostage taking inhibits job mobility and career progression. Families grow, but they can’t move to someplace bigger. Granny can’t move in and be taken care of, so she gets sent to a nursing home.
The last factor played a leading role in trapping thousands of elderly in the northeast states in nursing homes with Covid patients, and eventually their deaths.
Jogn Stossel was reporter and co-anchor on ABC 2020 from 1981~2003
Tony, you never cease to keep me informed. Thank you very much for the work you do.
This is an excellent analysis. Thank you.
How hard is it to win a discussion with a Socialist? You’d have to try really hard to lose to one
Argue with one that understands not only their position, but that Canada, Switzerland, Germany, Denmark, and (the list is actually pretty exhaustive), UK, etc. Have all proven that strong socialist programs WORK, and they work really well giving them better education, health care, prosperity, and GDP than America (which is in decline).
Let's also note that America HAS socialism, and has for decades. Social security, medicaid, medicare, free K-12 schooling, school lunch programs, VA hospitals and care... the list is actually pretty exhaustive. These programs work, but conservatives keep gutting them by pushing a false narrative based on lies, deception, and manipulating data to create facts that don't hold up to scrutiny.
Ya know, debate a socialist like that.
klancy kennedy
All of the socialist programs you list are broke and nobody wants Medicaid and Medicare healthcare. Have any socialist programs that are well run and everyone wishes they had more of?
@@rpgreseller Dawg, you forgot about the Police and the Military ;-)
In the comments here, you can (almost) always spot the renters and the landlords based on what they post.
*"We have a system that increasingly taxes work and subsidizes nonwork."*
- Milton Friedman
Late stage capitalism. We're slowly returning to lords and serfs. A big part of that is that nonwork lobbies to get more without doing more.
@@rpgreseller what is a "wow" account?
Isn't that principally what we want, that is a '...system that subsidizes non-work'?
I won't and one shouldn't let me speak on behalf of all socialists, but I think the noblest goal
mankind could pursue that would truly justify the doldrum of working would be a
future where we may choose our own hardships, free of the slant of duress.
A discussion of what constitutes meaningful, helpful work is a case by case analysis,
but nonetheless I would 'agree' with Milton insofar as the need for productivity and hardship now,
and the potential difficulty in achieving anything amounting to liberation from scarcity as society stands.
Please explain why CEO salaries are up 350% in the US but average worker salaries are effectively lower than in the 80s.
@@rpgreseller *We have corporatism, not capitalism.*
The US is not even close to Capitalism anymore.
Yes. I like this format. Direct and to the point
Where does Socialism work? Answer ugh
I love the video analysis. Please do more. Thanks for bringing us the info!
Yes, do more like this. I finally, got my bad tenants out who were helped by the rent assistance program 8 months plus three additional months rent from the government. When it came time to pay their own rent without help they failed to pay. I was able to evict for failure to pay rent. Now, the apartment will stay empty. Since I pay for all utilities except electric. The heat is oil. I would have to raise the rent to a new tenant. It will stay empty until we get a new president and not a demoncrate.
We on 20/20 and he did fight for Government overreach and won awards. He later seen that Government overreach only causes issues. He "lost" his 20/20 job and he wasn't winning awards when he started pointing out how useless the Government is. I don't remember what he went to afterwards. However, he talks about it on his channel.
That was a beautiful interaction there. Thanks for sharing Tony.
Rent control in San Francisco was on all biddings built be for 1996 in til the State past the rent control measures in 2019.
Thank you
LIES Property does not get built which accommodates anyone who does not desire to become a beggar to Banks
Love the format! I believe there is plenty of subject matter available of socialist unable to rub their last two braincells together.
I like this content. Do more of it. Maybe also tv news reports with your comments as well.
So the current system works? With the amount of homeless and people at risk of homelessness?
I like this format.
States need to incentive builder to build affordable homes that can be purchased. This will build their city population and tax base, not rent control. People who a secure in home ownership will spend money on other things. good video!!!!!1
True but this begins with financial literacy and teaching good habits. Living below your means you are constantly saving which of course is a good habit. It's hard to sell that in today's economy with crazy inflation. With responsible spending habits of the general population it will trickle and corrupt the government eventually to spend irresponsibly. People want great money for little work or worse yet just for being a beautiful woman. Merely existing merits provision as the green New deal pushes. This policy and mindset is not scaleable and is actually very dangerous as it will destabilize society. there should absolutely be social safety net programs but they should not be geared in a way that creates dependancy like is so rampant today. Kicking out irresponsible Tennants needs to be streamlined when there is clear disregard for property or payment on rent
*20/20*
I'm liken' this.
Elements of socialism work in the Scandanavian countries and throughout Europe in most every country. These are other mixed economies such as China, as well. We haven't tried socialism where the people own the enterprises where they work. I particularly like THAT kind wherebthe people OWN the means of production. Think about how much better it would be for the employees of Amazon or of Tesla to own the profits of thrir labor instead of just two people owning ALL of that profit.
Now, San Francisco is an unfair city to use as an example. There isn't enough land in San Francisco on which to build. It has many geologic and geographic problems like earthquake faults and beaches and hills. So some sites aren't useful for heavy development in a very confined area.
Now, as for rentals, especially affordable rentals private ownership is not optimal. We require affordable housing. That's a given. The reason we have government is to provide for the people what cannot be obtained alone, like trash collection, roads, health care and affordable housing too. One of the things government can and should provide is affordable housing that is NOT tied to profit making and NOT tied to inflation, except inasmuch as everything is tied to it. That's why we pay taxes and why the federal government has HUD, the Cbinet level Department of Housing and Urban Development. We must fund this!
Some of the inflation in rental property is simple greed. My landlord expects to accelerate his rents on a regular basis in good times and bad. Hevdoesn't build affordable housing. He builds expensive housing and that's all that is available because all the other corporate landlords are building luxury apartments too. Decent, comfortable government built, maintained and rented properties do not accelerate rents like the corporate landlords that I am familiar with. These landlords expect a return on investment, profit, far above what tenants can earn. That is to say that wages are accelerating far slower than rents are inflating. There is no correlation between the two at all. There are also lucrative tax breaks that landlords get which no other group can access. The real estate lobby is strong and is heard because local and federal politicians get very handy donations to their reelection campaigns from landlords and their allied trades, and the politicians do not bite the hand that feeds them. But government built and run buildings full of affordable dwellings are possible and economically desirable to the working people who are priced out of housing in very many cities all accross the nation. If you want to get rid ofvtent encampment in every city then build housing people can afford.. The government can and should rehabilitate some of the vacant malls and commercial properties for decent and affordable housing. They can and should use eminent domaine as a tool to obtain the land for public use. There is a very good argument for this kind of socialist solution to a problem that the private sector is not and will not solve. Even better, the tenants should use some if their rent to cooperatively own those buildings eventually after a number of years. As tenant circumstances change they can work toward cooperative ownership supplemented by public policy to enable it. That would give people incentive to care for and improve the property. Socialism at work! I'm for it!
By the way, there are many kinds of socialism, some working very well and some that did not work well. You cannot condemn socialism that fails due to corruption because our own capitalism has and is currently failing l ING badly due to corruption. The 4 Trump years are exemplary of this!
Yea but the issue is not the landlord. Landlord just want their money obviously. But the average person working 50 to 70 hours a week can't afford the price of living. In which for this many hours you should be able to. Although it's not the landlord's fault for this. You still have to look at the whole system as completely fucked up. Regardless of your personal expenses as a landlord.
Here if Florida I have seen where there are no control on how much a landlord can raise your rent. I saw rents being raised from 23 to 50 percent. Now because of those actions a lot of apartments are sitting empty. Now the landlords are losing even more and tax write off are not going to balance that out for them.
What profit margin is reasonable? Hate the snark but not the info.
I'm on the socialist's side. Rents are out of control cuz of the capitalists.
The point is she keeps her job and takes money under the table to dole out government contracts. Therefore, she becomes rich off taxpayers.
Let's stop the lie . Landlord will not the property if their is no rent control, hell they bearly maintain it to start with, if it is rented. The only time a landlord will a property is when a renter is out and a new one will be coming in, in order to explain the high rent he is charging.
Rent control is good, why are you asking? Let me awnser your question with another. Why would a landlord charge 500$ more for rent while absolutely no improvement was made to the property?
The landlord would charge $500 more for rent without improvement for a number of reasons. Maybe the rent hasn't been raised for years. Maybe the real estate taxes and insurance went up - they always go up. Maybe the utilities have gone up. Maybe to cover the increased cost of fixing things that may break. Maybe trying to build some cash in case another eviction moratorium comes and they have to house tenants for free. BTW- it's much easier to do repairs and upgrades on an empty place than it is when you have people living there. That's why we do renovations between tenants. Don't have to keep asking permission to enter and work around their stuff.
@@AWomansView2 While all of what you are saying is true, no way in hell expenses rose 30-40%. I 100% agree on passing the cost to consumer, but what we are seeing is 100% pure greed, nothing else.
@@mohamedc8908 Personally, MY expenses rose over 50% if you count what happened to me because of the eviction moratorium. Raising the rent was a way to help offset the cost of the freeloading tenant that the government would not allow me to evict. Cause and Effect.
@@AWomansView2 I get it in your case and I agree with small-medium landlord, the landlords I despise are the multi million REIT taking advantage of the housing crisis and using all of the excuse in the book to increase the rent while doing absolutely nothing beside collecting. Every situation is different
I need rent control, so that I can afford to save a down payment to buy a house. I think if you are complaining about rent control, you first need to deal with the local restrictions and permit cost to build. Us renters will free up those rent-controlled units, if cities make it easier and cheaper for developers to build more for sale housing.
Citizens elect politicians because of their emotions. If a politician appeal to what the citizens are feeling, then, they elect them into office.
Not me. I voted based on facts and what's going on in this country. I voted for prosperity, closed borders, lower taxes, America first. I was assaulted, disowned by my family and told by the current moron that I wasn't black if I didn't vote for him. What's happening to do has nothing to do with me. As I say, I voted for the other guy.
@@Wholelottarosie-lc8ed It's too bad that you suffered losses because of the candidate you supported. I don't know when we were all expected to share the same beliefs and ideology.
one word. "scripted"
the video under review
Both are incorrect and exploited so neither work.
We need a mixed land use policy that allows for more multifamily units to be built within reasonable commuting distance of destinations.
Real estate may be an investment insofar as it does not pressure actual human beings into hardship.
If I hold investments that rely on the continued existence of Euclidean zoning laws, then my investments should be consummately fucked.
The solution is mass homelessness unless I own a bank. The Great Depression is a good example of what happens to people who lose there job
Thank you