🌎 Discussion: Housing, Homelessness, Urban Development, Gentrification, and Other Housing Issues

World News



“Never before have we seen these numbers,” said Jay Parsons, a vice president of RealPage, as conventiongoers wandered by. Apartment rents had recently shot up by as much as 14.5%, he said in a video touting the company’s services. Turning to his colleague, Parsons asked: What role had the software played?

“I think it’s driving it, quite honestly,” answered Andrew Bowen, another RealPage executive. “As a property manager, very few of us would be willing to actually raise rents double digits within a single month by doing it manually.”


Hey you know what else states could try: punish/tax long term non-occupancy of units and properties. That’s what was also going on with RealPage as the More Perfect Union noted.

If the overall CA home median is $900,000, the median home in LA County is probably over a million dollars so the number of individual buyers is limited. There’s already 15-16 million homes sitting on the US market (this is down from the peak after the 2008 economic crisis) because people can’t afford them and other reasons.


 
Last edited:


I was actually surprised that municipalities can legally make homeowners and renters responsible for sidewalk and walkway maintenance on what is supposed to be city property.
 
A municipality can create an ordinance that say they put in curbing that wasn’t there prior and make the homeowner be assessed with the cost.
 

Users who are viewing this thread

Back
Top
monitoring_string = "afb8e5d7348ab9e99f73cba908f10802"