Morning Links

Wednesday, March 21st, 2012

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63 Responses to “Morning Links”

  1. #1 |  Leon Wolfeson | 

    @47 – And that matters to essential workers like nurses who have to do long shifts and three-hour commutes because?

    More, everyone needs to live somewhere. Your “evidence” that rich people occasionally can’t get quite the view they want? Bluntly, aww. Also, there are large developments in many EU countries which are rent-controlled, it’s not a few people.

    (Although the right are trying to dismantle them and then looking surprised when communities break down and they end up with riots)

    And I mean every little place being able to write batshit coding laws is a problem. The UK system is so different there’s no real comparator, I admit – the minute-rule-based approach you have isn’t used here.

    (If you make a significant change to a building something not covered by planning permission here, unless it’s a safety issue or you defaced a historical listed building, you’ll need to un-do it before you can sell it…)

  2. #2 |  rmv | 

    @49 Leon Wolfeson

    WTF? Are you truly that thick? Did you not read or just not understand what I typed? To break it down a little further:
    —In a housing shortage situation like new york city where partial rent control pushes prices of non-rent control housing above equilibirum, those who are most able afford it(the rich people) can pay above equilibrium prices for better housing.

    —In a housing shortage situation like new york city where partial rent control pushes prices of non-rent control housing above equilibirum, those who are least able to afford it(the poor people) are stuck with the shit end of housing stick if they aren’t one of the very few lucky enough to be in a rent control situation(they’ll be further away and be forced to pay higher prices).

    —Most of those who ARE in rent control situations are not the poor and destitute or even middle class. Most of those who ARE in rent control situations are on the higher end of the income/wealth distribution. Why are you defending the forced redistribution of resources away from one subset of society(generally poorer) to another subset of society(generally richer)?

    Do you truly not understand supply and demand? Graphs like the following are in EVERY INTRO ECON BOOK whether written by Krugman or Mankiw or Alchian:
    Market distortions like price control(whether ceilings or floors) hurts the less well off(poor people) disproportionately more than the better off(rich people). Learn basic economic principles before you start spouting off nonsense.

    Yes coding and zoning laws are definitely market distortions. I think we can agree, at least. There are certain cities in America that have incredibly restrictive and nonsensical zoning laws. Depending on which city, trying to get a shed built in your backyard can take months.

  3. #3 |  rmv | 

    Socialist Economist(Yes, even socialist economists understand the effects of rent control) Assar Lindbeck said, “In many cases rent control appears to be the most efficient technique presently known to destroy a city—except for bombing it.”

    Nobel Laureate Gunnar Myrdal(also of Swedish Labor Party Fame): “Rent control has in certain Western countries constituted, maybe, the worst example of poor planning by governments lacking courage and vision.”

    First sentence in a column by another left-liberal nobel laureate Paul Krugman: “That great sacred cow– Rent Control– is a textbook case of Economic stupidity”

    I don’t think adding conservative, libertarian, or anarcho-capitalist economists is necessary, is it?

  4. #4 |  TC | 

    Just incase you missed it.

  5. #5 |  Homeboy | 

    Brandon –

    “What counterpoint? “you can get a very limited selection of goods from Amerian Apparel, if you live near a store or go through the trouble of buying clothes online. But if you shop at the mall like everybody else, forget it. You’ve got one source for clothing: China.”
    Where is there a point in that…?”

    I count at least two. I think Omar’s suggestion is a good one; you should just chill.

  6. #6 |  Homeboy | 

    That comment by Burke Peltier on puppycide shows a depth of insight that nearly defines him as a genius.

  7. #7 |  Dunmore | 

    My friend’s brother is a cop here in Wilmington, DE. He told me that cops here shoot dogs whenever they want a few days off.

  8. #8 |  Personanongrata | 

    Mitch and his wife Jean say it all began back in 2007 when they received a letter from the city of Burnsville saying, in part, “you must complete the siding of your home.”

    Woudn’t it be wonderful if everyday folks could leverage the coercive power of the state and force others into paying to complete your unfinished home improvement projects.

    Asked Mitch, “What did you accomplish other than wasting the city’s money, the county’s money, our money, and then all the mental and emotional anguish? What did you accomplish?”

    The answer is clear, what was accomplished is that Mitch was used as an example as to what can happen if you fail to obey adminsitrative decree(s).

    You are to do as you are told like the good citizen serf you are and never question “officials” when they levy a decree against you or your property.

  9. #9 |  Leon Wolfeson | 

    rmv -Oh yes, because stopping blatent ripoff pricing for poor people is the same as the Blitz, which literally destroyed much of London.

    No, that’s called reason to be called an idiot in public, nothing else.

    Moreover, the concept that in a housing shortage, there are not major constraints placed upon people trying to rent? Is a complete falsehood. Many American cities have expansion room which European cities simply don’t, for instance.

    I would rent-control *everywhere*. On a far more flexible scale than most systems currently allow – including major reductions for not having basic measures (offered by the energy companies at no cost to householders) to increase energy efficiency. Moreover, I strongly support council housing (and in areas with sufficient of that, rent control can be relaxed – which isn’t currently the case in much of England).

    And of course you then need to slap a swinging tax on unoccupied housing and empty brownfield sites. You’re trying, again, to compare a broken system to one designed to actually take into account adverse factors.

    Sweden, incidentally, has a significant amount of public housing, and strongly supports people on low incomes and who lose their jobs for reasonable periods, so homelessness isn’t a major issue.

    Compare that to the UK, where it’s up 900% in the last year alone (from a near non-existant level) thanks to government policy, the amount of social housing has plummeted over the last thirty years and said new government policy is going to force around two million households per year to move for the next 6-8 years. Around 85% of those will involve a job loss.

    So yes, I think rent control’s better than that until the situation can be fixed by building social housing.

  10. #10 |  rmv | 

    @ Leon Wolfeson

    You’ve never taken a single economics class, have you?

  11. #11 |  Leon Wolfeson | 

    @60 – So… basically your rebuttal is “social cleansing good”.

    Thanks for demonstrating your evil, but the sane people can’t formulate policy based on that.

  12. #12 |  markm | 

    @61 – Doubling down on ignorance and stupidity.

  13. #13 |  Leon Wolfeson | 

    @62 – You haven’t posted a single rebuttal except “I LOVE SOCIAL CLEANSING, LOOK AT ME”.

    Try actually arguing with the *issues*. Of course, as I said, that would require you’re not a rabid corporatist, like so many so-called Libertarians.