L.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sell
L.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sell
A proposal to cap rent increases at 3% for many landlords in unincorporated L.A. County is meant to keep housing affordable for at-risk tenants.
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0.2% nationally != 0.2% locally.
Link to the research: https://www.tandfonline.com/doi/abs/10.1080/24694452.2023.2278690
Read it for yourself.
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That's a bad-faith comparison and shows you are unserious about the very real issue some localities face with investment firms holding "cheap" single family homes as indefinite rental income, or just butthurt my data disproved your application of a BROAD GENERALIZATION to a specific region. Likely the latter.
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The actual statistic NATIONALLY is lower because it is an aggregation of MULTIPLE MARKETS. If you want to find out what is happening in a local market you look at the local statistics if available which is what I provided you.
You have not proven me wrong lol. I gave you the research laid out proving three entities, through almost 200 shell companies and LLCs, own 1 out of every 9 single family homes in the metro Atlanta area. That is the ONLY argument I was making - that in the ATL market the percentage is much higher than 0.2%.
You can say "no u rong me rite durrrrr" all you want but you are undeniably incorrect about what I said.
Your condescending tone is noted so I'll just be insulting now: you are a fucking idiot who is so butthurt I provided evidence against your non-factual claim that locally the percentage is the same that you've elected to stick your dumb cunt fingers in your digital ears and go LALAALALALALALALALALAA like a jackass. Fuck off.
ETA: FROM YOUR OWN FUCKING LINK YOU ABSOLUTE BRAINLET: "The analysis found that the investors were heavily concentrated in some fast-growing areas, such as Atlanta and Jacksonville, Fla. Institutional investors own 10 percent of all single-family rental properties in Atlanta and 8.5 percent in Jacksonville, the study said."
GEE who was right? Certainly not you ya fuckin troglodyte
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"Wow you sound angry" yeah dealing with braindead morons does make me angry, particularly when they argue a point their own fucking article disproves..
I gave you data for the market I was talking about. Your own article gave you data for the market I was talking about. Who did it align with? Yours or mine? I'll give you a hint, not yours. "Stay in school" your dumb ass can't read.
The "thinking for yourself" quip is a mask slipping moment for you. Denying reality must be fun.