A 2017 survey of more than 100,000 renters by the National Multifamily Housing Council, a landlord group, showed 3% of those surveyed paid rent with credit cards and 16% said they would do so if their landlords agreed.“As rents have gone up, we get more and more emails and phone calls where people would ask us if they could pay their rent over time,” said Tony Diamond, founder of StayTony, which manages upscale apartments in the Los Angeles and Atlanta areas.The company recently joined with loan vendor Uplift—which made a name for itself financing family vacations—to allow its tenants to finance up to three months of rent over a 12-month period.StayTony hopes its renter loans will appeal in particular to recent college graduates. Through Uplift, it offers loans up to $16,000 that carry no interest for the first six months and an annual interest rate of 15% to 17% on average after that.https://www.wsj.com/articles/as-more-millennials-rent-more-startups-want-to-loan-to-them-11557739800
>>401283i wish i could pay rent with a credit card for that sweet cash back. but not paying the balance immediately would be insanely retarded
>>401283>16% said they would pay with credit cards if their landlords agreed.These people should not be allowed to have credit cards.And they should move into a less expensive home
>>401286in a lot of places less expensive homes don't exist. In the city I live in unless you go to the bad part of town you are very unlikely to find any studio or one bedroom under 2200 usd a month
>>401297Sounds like where you live is full of minorities and it's driving up home valueI'm sorry
>>401298it is investors, both domestic and foreign, buying up all available properties and renting them out at absurd rates or building luxury apartments (to rent out at absurd rates)
>>401298Where he lives is the whole country. It’s like that everywhere, especially on the two US coastlines. If you live in a shitty flyover you’re fine, but the banks are trying to drive domestic Americans out of the housing markets on the coasts so they can sell those homes to Chinese immigrants with bank loans backed by the Chinese Fed, and wealthy retirees, because those guys can afford to pay 500,000 USD for a home.If you’re a working class American who is born here, your bank won’t give you a loan without a predatory interest rate. You simply can’t compete, unless you’re an 80-year old Boomer who still has a lifetime worth of exploitation money.And who the fuck wants to live in a flyover? The middle states in the US we’re just the places you travel through on your journey to the other coast, and that was back before cheap airlines tickets. Now they’re places that the third world outsources factories to.
Bismarck ND here, you have to pay, at cheapest for non-HUD housing, $1000.
>>401326>500,000 USD for a home.around where i live you could probably get a down payment on a home for thatthe coasts are really an amazing place to live
>>401326Tbqh not everyone wants to live around areas will you have to worry about your car or home getting broken intoThere's a lot that can be said about comfy small town living where you know all of your neighborsAnd with Elon musk's new satellite internet I can even get all the anime I want streamed right to my comfy cottage in the plains
>>401297>it's expensive to live here!maybe move out san francisco then faggot, nobody's forcing you to live where it's expensive.
>>401326>flyoveramerica: the only country where poor people can be eilitist about where they decide to be poor
>>401354>New York: jews, high crime, unaffordable housing, rat infestationsno need to repeat yourself so much
>>401354weird how you don't talk about the kind of people in those beautiful states.
>>401326>flyover Dumb americans are unaware that term was invented to mock people who use that term, right?The "flyover" states get millions of tourists each year.
>>401363Dumb non-americans realize that americans came up with the term first as a pejorative for said states, right?One city on the coast gets more tourists than a whole host of states.
>>401298>Anti gentrification>Drives up prices/pol/ finds new ways to be retarded.
>>401286>And they should move into a less expensive homeDo you want to move under a bridge to save on rent? That's the choice you're giving to most renters.
>Might have a job in Ventura, CA>Look at housing prices>One guy on Craigslist is leasing out his place for $900/month but you have to leave 1 week out of the month so that he can stay there>Another place is $1200/month for a room and you don't get a parking space or kitchen privilegesWhat the fuck
>>401354Any place that has economic growth and not race to the bottom wage slave jobs (See the south) is seeing the housing and renting market explode in prices. Colorado is a perfect example of that.
>>401442The wide open frontiers of the American west closed in the 20th century. There isn't any more "free" land left so we're racing down the behavioral sink http://www.cabinetmagazine.org/issues/42/wiles.php
>>401445Atlanta just keeps on growing and is still affordable in town and in the suburbs. Higher than average income also.Fly to country with one of the busiest airports in the World. Increasing numbers of Fortune 500 headquarters are located here. Excellent STEM educational opportunities at GA Tech or Emory Medical and research and high technology start up incubators and access to venture funding capital. An Atlanta based company owns the NYSE. Oh, and Georgia produced 2 Billion Dollars more in TV and Motion Pictures than California last year.The recent laws haven't changed a thing based upon filming and location permit applications. Welcome to Wakanda.Hardy har har.
>>401286They're not all irresponsible people. We're talking about rent; shelter is a basic human need, and it's not always feasible to just leave.Living costs have been rising significantly faster than wages in most of the country. That includes housing prices.Moreover, I guess maybe I'm just entitled but our cities shouldn't become exclusive living domains of the wealthiest 15% of Americans.
>>401283>>401286>>401283My state recently passed a bipartisan rent control bill that prohibited renters from giving no-cause eviction notices to their tenants and capping rent increases at 15% a year. What was happening in my city was landlords were only renting month to month and after a few months they would refuse to resign another month's lease with the current tenants, kick them out and rent the home back out at an inflated cost. The house I live in right now, a year ago, used to be 1300 a month. Its now almost 1800 and shows no signs of slowing. The greatest issue on top of rent increases and low homeownership is vacancy rates. The vacancy rate in my city ranks among the lowest in the nation. When people find homes to rent or buy they simply don't move out so all of the people being displaced by exponentially rising housing and living costs literally have nowhere to go. I've heard of it taking people in my area up to a year just to find houses or apartments to rent. So, ultimately, wage stagnation in the next decade or so will render housing a full blown humanitarian and economic crisis. Even people making 6-figures a year in places like Seattle and San Francisco aren't immune anymore. If only it were as simple as just moving somewhere cheaper.
>>401445>has economic growthThat's literally everywhere though. Even in Detroit you have economic growth. It doesn't mean much, you can have the top 50 wealthiest Americans double in net worth and the rest of the country's wealth cut in half and that can still be economic growth.> and not race to the bottom wage slave jobsYou can find those everywhere too; I don't know how you define wage slave, but the large majority of folks live paycheck to paycheck and most Americans are in debt.
>>401453Bad data. Only popular because playing into prejudices about excuses for austerity. Google rat park.
Great now rent will get even higher with loans in the equation.
>>401464it sucks when you make six figures and STILL live paycheck to paycheck, using only public transit and buying no luxuries, simply because everything costs so much. What do people who make less do? I've heard of as many as five adults in a 2 bedroom apartment just to pay rent in this hell of a city. Soon we have cage apartments like china I guess, and I would bet even those will cost two grand a month at least
>>401554that's capitalism for you
>>401354>Utah: breathtaking national parksnot for long
>>401339Funny. I'm a remote infosec engineer who fantasizes about buying a big plot of land in South Dakota and I make exactly 100k... I could do it right fucking now provided I could get fast reliable inyernet. The only thing stopping me is the fact that if things at work ever go sour, it'll be a lot tougher finding another cushy remote gig from South Dakota than a local gig in South Florida...
>>401456>AtlantaIt's a shit town.>Oh, and Georgia produced 2 Billion Dollars more in TV and Motion Pictures than California last year.>The recent laws haven't changed a thing based upon filming and location permit applications. https://www.hollywoodreporter.com/news/four-production-companies-say-they-wont-film-georgia-abortion-law-1209168https://www.cnn.com/2019/05/10/entertainment/georgia-movies-heartbeat-law/index.htmlhttp://time.com/5592768/georgia-abortion-law-film-tv-industry/OOPSAnd don't forget, Kemp is so butthurt for being called out for what he is, He cancelled his trip to Hollywood (Where real movies are made) because he's to scared of his detractors.
>>401354You forgot meth addicts in Arizona tbh.
>>401599>What do people who make less do?Be homeless.
>>401725And the occasional spic border hopper killing someone.t. Resident of Mess
>>401526>things which make me upset are wrong because reasons which i'm not willing to explain to you, figure it out for yourself!ok thanks, i'll just go ahead and give you the benefit of the doubt that you're right about everything even though you're clearly much too important to be bothered with providing the slightest hint of information to back up your claims.
>>401717I know people with direct access to the database where the permits are filed. They created it and the online system to streamline the process. California has nothing like it. You have no clue how many production companies there are. 4 is nothing. When Central Casting closes the Atlanta office, then that will be a sign. They book more work out of Atlanta than California now.Don't see Pinewood Studios selling off the 500+ acres they own. Universal is buying more land.You rarely see the faces of the $ that make the decisions. Vacant Industrial property is being bought up for smaller studio spaces.The industry is fleeing California just to get away from the zoo like environment and attention seeking personalities there. You never see paparazzi in Atlanta harassing people. Atlanta cops arrest them.Privacy is part of the attraction. Responsive regulatory agencies are another reason. The biggest grossing movies of the last few years were all produced here.California lately has been making some false statements about the GA regulations trying to save themselves. It isn't working. The industry is huge, but intentionally low key. Be looking for an announcement of another famous person buying property South of Atlanta to open a Studio by the end of the Summer. I live about 20 miles away from Pinewood Studios.
>>401283If someone can't afford a rent payment, how can they afford 17% interest on top of a rent payment?
>>401927you live there for 3 month with a loanthen you hobo for the 9 other months and repay your debti guess
>>401384>One city on the coast gets more tourists than a whole host of statesIt also gets more open sewage!
>>401922>Anecdotal evidenceInto the trash it goesMaybe if HUD wasn't run by a corrupt retard, we do something about rent prices.
>>401325A consequence of the trade deficit, no?
>>401927You work your ass off like a slave, going to work, then going to your other job, and then driving for uber and delivering for doordash, maybe try your hand at reselling shit on ebay, sell your own shit too. The night is for the graveyard shift if you're lucky, reselling and packaging if you're not. Take out a predatory payday loan to give yourself another week or two if you come up short.You sleep when you literally pass out. Set alarms for every three hours so you don't sleep too much.Or, become homeless.
>>401384>One city on the coast gets more tourists than a whole host of states.As well as drug addiction, murder, crime, muggings...
>>401354Not mentioning anything that can't be exhausted completely in like 48 hours. What kind of people can I expect? Any festivals are actual creative projects to appreciate?
>>401442Stay away from Ventura. Stay away from LA. stay away from San Diego. Stay away from pass Robles. Socal in general stay away unless u can drop 26- 46 grand on rent alone annually. Insurance is high. No building permits allowed. Half of all socal water comes from LA, pipes are gross n need replacing (no $ to do anytime soon) what else sucks. Every weed has thorns. No rain except 2 weeks a year. Smelling the streets oils when it gets too hot. Everyone's an asshole or junky or to eir heads full of air. Racism is real. Cholo gangs are real and everywhere. .... Good Mexican food... I do miss that.... Uhmmmm. Beaches full of garbage and poeple that litter hardcore(don't wanna say it's latino family's but...just visit a beach and tell me who is throwing McDonald's everywhere as a 90% majority on the beach and what language they speak. It sounds so racist. I wish everyone was unique so I couldn't paste these stereotypes to images. But everything I say is true and to be expected... Latinos that wear jeans+belt buckle+cowboy hats+ boots are hard workers and good neighbors usually. Just pick up your trash when u at the beach doods. Cholos in gang formation really might jump you with knives tho, they start real young (13)
>>401456> Atlanta just keeps on growing and is still affordable in town and in the suburbs.Uh, no. It's not. Granted, it's not as bad as LA (yet), but anything even remotely affordable is quickly snatched up by investors.I've been in the ATL real estate market for over a year now. Houses go under contract within 3 hours of being listed. It's all fucking rigged for investment companies.They should ban all foreign investors.
>>401297LMAO get out of Manhattan you retard. If you can't afford to live there then don't live there is that simple.>>401326>Where he lives is the whole country. Bullshit, even most coastal cities don't cost $2200/month for rent. And you can always get out of the coastal cities anyway
>>401283>The company recently joined with loan vendor Uplift—which made a name for itself financing family vacations—to allow its tenants to finance up to three months of rent over a 12-month period.These people need to be guillotined.
>>401462The problem is, this doesn't actually solve the problem.You have more people wanting to live in those homes, then homes exist. Capping rates doesn't stop the supply and demand problems.Let's use a thought experiment. You're at an auction, 100 people are in the auction, and there is 70 cars for sale, the only ones in the town. People will bid up the prices to get it.If at the start you give everyone an extra thousand dollars to subsidize their purchase, what you will see is that the prices rise up approximately 1000$. Because there's the same amount of demand, and limited supply.If you want to see why the prices are so ridiculous on the coasts, look at the lengths they go to block constructionshttps://www.youtube.com/watch?v=ExgxwKnH8y4They complain about shadows as a reason to not build buildings
>>403179>The problem is, this doesn't actually solve the problem.I 100% agree. It does not solve the problem. All it does it does is address the symptoms and not the root cause. I'm sure you must understand that for people who are quickly being displaced and booted from their homes in a market where vacancies are non-existent this kind of reprieve is the best they can hope for. You don't have to convince me that putting a band-aid on it isn't a solution but, at the moment, working class people will take anything they can get.
>>401326>but the banks are trying to drive domestic Americans out of the housing markets on the coasts so they can sell those homes to Chinese immigrants with bank loans backed by the Chinese FedNot even /x/ is this crazy.
>>403193But that's literally what's happening lol. Google how many houses are actually inhabited vs how many are up for sale. Welcome to your first redpill on late stage capitalism.
Fuck Jews. Fuck immigrants. Let’s take our country back anon.
>>401283Jesus christ this is retarded.
>>401711This is why you make part of the system dependent on your input. If they ever try to get rid of you, they have to get someone who not only understands your work, but also understands years of changes that have been built upon your work by other people.In this case, the only way you would ever be let go is if the company liquidated.
>>403216I'm certainly not worried about getting canned. More expectant of culture shifts and staff changes that inevitably happen... That and eventually, you're done building cool shit and things go into maintenance mode, scenery gets stagnant, etc. I like the idea of being able to move on if and when needed... Kind of a different sort of job security.
>>403207>so they can sell those homes to Chinese immigrants with bank loans backed by the Chinese Fed>Chinese immigrants with bank loans backed by the Chinese Fed>Chinese immigrants with bank loans >bank loans motherfucker, they have the cash straight up...no loan needed.
>>401462>capping rent increases at 15% a yearSo your state made it legal for any and every property owner to double rent every 4 years?
>>403833Democrats are out there fighting for the little guy, thats why they pass laws like that, right?
>>401328Also in Bismarck, ND. I pay $600 for a 2 bedroom, nonHUD apartment, so you are seriously getting ripped off. Do you rent from RJR? Those fuckers are crooks. I will never rent from those slumlords.
>>403833nitpick: every 5 years (1.15^5 is 2.01; in 4 years you'd need 1.19^4, so +19% per annum)
>>403981Nope, I'm doing HUD in downtown. Interesting to see someone else from Bismarck here on this site.
>>404168government housing is a scam
>>404200Government housing is an ineffective band-aid on a the much greater problem of unchecked capitalism.
>>401442I live in Ventura. The whole county is shit and expensive, but the weather is nice.
>>404168Even people in Bismarck care about landlords assfucking everyone. They whole reason those RJR idiots got murdered was because they kept fucking over their customers and letting trash move into their places and one guy was just unhinged enough to lash out violently. A situation where bad criminal scum met worse criminal scum.
>>402996per capita, the southern flyover states are worse than california and new york
>>401325Why wouldn't I? It's easy money.
>>401335Then fucking move dude. >>401338>>401326>>401464>who wants to live in flyover? People who want to retire young. https://anecdotepodcast.podbean.com/e/how-money-can-buy-happiness-and-for-less-than-you-think/>>401416Just move to a state with high median household purchasing power.