3 ms·

You cannot reduce rent period. Inflation is permanent typically, you can slow the rate of increase but prices don’t go back. Even massive building projects like

You cannot reduce rent period. Inflation is permanent typically, you can slow the rate of increase but prices don’t go back. Even massive building projects like the yimby’s lobby for can’t move the needle on housing costs according to economists who study the issue. If you are a renter in Silicon Valley you are absolutely competing with non-citizens who are paying 3k for 1 and 2 bedroom apartments. That’s why so many locals who were born there are now homeless or have had to leave. I can tell you the streets and neighborhoods where it’s almost 100% new (non-legal and low skill) residents. The rents in those neighborhoods are very much in the 2000-3000 range. Section is likely a factor but I don’t know that non-fully legal residents get section 8. It certainly wouldn’t surprise me if they did.

jghn 1y ago
"non-citizens" and "undocumented workers" don't even come close to forming a circle in a Venn diagram.
- notmyjob 1y ago
  I meant “undocumented workers” but didn’t want to offend people and don’t know that these “undocumented” people are actual workers. The phrase “undocumented worker” is, if not absurd newspeak, at these very least extremely imprecise: what documents, what work? Edit: here’s a thread on one such place, very much in the good, expensive side of town. (Studios go for about 3k in Campbell last I checked.) https://www.reddit.com/r/SanJose/comments/17acwq4/is_cadillac_drimpala_dr_really_that_dangerous/ https://www.reddit.com/r/SanJose/comments/17acwq4/is_cadilla... Many, though perhaps not most, of the non-citizens there are non-workers, unless you consider drug dealing gang members workers. They do have a stellar carniceria though, and it’s fairly safe during the day if you avoid eye contact with men and don’t wear certain colors.
SR2Z 1y ago
> I can tell you the streets and neighborhoods where it’s almost 100% new (non-legal and low skill) residents. The rents in those neighborhoods are very much in the 2000-3000 range. Section is likely a factor but I don’t know that non-fully legal residents get section 8. It certainly wouldn’t surprise me if they did. Sorry, you think the government is giving low-skill non-citizens thousands of dollars a month to live in the most expensive parts of the country? That's an utterly ridiculous claim and I would like to see proof. > Section is likely a factor but I don’t know that non-fully legal residents get section 8. It certainly wouldn’t surprise me if they did. I think you have bad priors and are assuming that welfare is a lot more generous than it really is. To qualify for Section 8, you must be a citizen or here on a permanent resident visa. If you are not in the country legally, you generally cannot access welfare. > You cannot reduce rent period. Inflation is permanent typically, you can slow the rate of increase but prices don’t go back. Even massive building projects like the yimby’s lobby for can’t move the needle on housing costs according to economists who study the issue. This is trivially wrong. Just Google "rent declines."

jghn 1y ago

"non-citizens" and "undocumented workers" don't even come close to forming a circle in a Venn diagram.

notmyjob 1y ago
I meant “undocumented workers” but didn’t want to offend people and don’t know that these “undocumented” people are actual workers. The phrase “undocumented worker” is, if not absurd newspeak, at these very least extremely imprecise: what documents, what work? Edit: here’s a thread on one such place, very much in the good, expensive side of town. (Studios go for about 3k in Campbell last I checked.) https://www.reddit.com/r/SanJose/comments/17acwq4/is_cadillac_drimpala_dr_really_that_dangerous/ https://www.reddit.com/r/SanJose/comments/17acwq4/is_cadilla... Many, though perhaps not most, of the non-citizens there are non-workers, unless you consider drug dealing gang members workers. They do have a stellar carniceria though, and it’s fairly safe during the day if you avoid eye contact with men and don’t wear certain colors.

SR2Z 1y ago

> I can tell you the streets and neighborhoods where it’s almost 100% new (non-legal and low skill) residents. The rents in those neighborhoods are very much in the 2000-3000 range. Section is likely a factor but I don’t know that non-fully legal residents get section 8. It certainly wouldn’t surprise me if they did. Sorry, you think the government is giving low-skill non-citizens thousands of dollars a month to live in the most expensive parts of the country? That's an utterly ridiculous claim and I would like to see proof. > Section is likely a factor but I don’t know that non-fully legal residents get section 8. It certainly wouldn’t surprise me if they did. I think you have bad priors and are assuming that welfare is a lot more generous than it really is. To qualify for Section 8, you must be a citizen or here on a permanent resident visa. If you are not in the country legally, you generally cannot access welfare. > You cannot reduce rent period. Inflation is permanent typically, you can slow the rate of increase but prices don’t go back. Even massive building projects like the yimby’s lobby for can’t move the needle on housing costs according to economists who study the issue. This is trivially wrong. Just Google "rent declines."