• sin_free_for_00_days@sopuli.xyz
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    1 year ago

    The apartment I’ve lived in for 20+ years recently got sold to a property investment firm. They gave us all 60 days notice. They are going to spruce up the apartments and then rent them. They were nice enough to offer current tenants first dibs on the new apartments. At 3x the current rent. A group of people, families, retired folk, a lady going through cancer treatment, we’re all at a bit of a loss. Can’t afford to live here, can’t afford to move. I really don’t know what where we’ll end up.

      • Firemyth@lemm.ee
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        1 year ago

        Yes please do- then the insurance money will build them brand new apartments and they’ll probably make a but on top of it if they use the right contractors. Then they could rent for even more as they are now new builds. Great plan. Much thought.

        • Schadrach@lemmy.sdf.org
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          1 year ago

          That’s fine they aren’t making rent from it though. And then you do it again. Each time they lose that much more rent and their insurance rates go up that much more.

          • Firemyth@lemm.ee
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            1 year ago

            Sure and you go to jail for arson. Oh and your insurance won’t go up that much as you’d probably just build in a less insane area. Oh and insurance will also cover the lost rent too. Oh and you dont have any more maintenance costs for the duration of the rebuild so you are making more money. Oh and you will get a break on that year’s property taxes- so even more money. Either way you still have no place to call home. Well- except your cell. Fucking dumbass grow the fuck up and learn how the world works. You listening to a podcast and thinking you know something will never bring about your commutopia.

          • SCB@lemmy.world
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            1 year ago

            What you’re missing is you won’t get to do it twice because you’ll be in prison, where you should be, for burning homes down.

            • Firemyth@lemm.ee
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              1 year ago

              Cause someone told him communism was the way and he never looked back.

                • Firemyth@lemm.ee
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                  1 year ago

                  Neither is communism genius. Capitalism is alive somewhat functional. Communism is dead in ever place its attempted to be implemented. Of course there’s other ways. Pick up a book.

                  • RegularGoose@sh.itjust.works
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                    1 year ago

                    Capitalism is alive somewhat functional.

                    If you seriously think having 2/3 of the working population living paycheck to paycheck, even people with desirable degrees and traditionally well-paying jobs, is “somewhat functional,” I don’t know what the fuck to tell you besides you’re really fucking wrong.

      • chicken@lemmy.dbzer0.com
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        1 year ago

        It’s not an answer. The problem is bigger than one company deciding to try for higher rent. This is happening because of housing supply and society-wide wealth distribution.

    • AngryCommieKender@lemmy.world
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      1 year ago

      More than half of you will end up on the street.

      This is what happens when the ultra rich steal $50,000,000,000,000 from the US alone in the last 50 years. It’s probably more like $150 Trillion worldwide.

    • AngryCommieKender@lemmy.world
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      1 year ago

      More than half of you will end up on the street.

      This is what happens when the ultra rich steal $50,000,000,000,000 from the US alone in the last 50 years. It’s probably more like $150 Trillion worldwide.