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Feb 26, 2021
3:51
:12
pm
Lip Gallagher
Truly Addicted User
Can't build where people want it. Nobody goes where you can.
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Lip Gallagher
Previous username
Rusty'sJuicyCknHole
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Chef Carl Casper
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Lip Gallagher
Joined
Apr 26, 2013
Last login
Apr 30, 2022
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Messages
Author
Time
We need laws to discourage SFH as rentals. Individuals who buy multiple SFHs
valleus
2/26/21 3:09pm
Destructive to society?? Not sure about that.
pink22
2/26/21 3:10pm
But there is an issue of affordable housing. Government has taken advantage of
pink22
2/26/21 3:13pm
I agree, freedom and private property are bad and definitely the problem here
Plato
2/26/21 3:11pm
I know plenty of Gen Xers, and Millenials who own rentals. It's far from a boomer thing.
Turnpike Lane
2/26/21 3:12pm
Lol, that’s crazy.
Romex
2/26/21 3:12pm
I’d rather the boomers finally retire and free up the C-suite jobs they are
rivercitycoug
2/26/21 3:12pm
Sorry to burst your bubble but those jobs aren't going to you unless you are a
YbeatsU
2/26/21 3:16pm
Lame post.
WDaddy
2/26/21 3:36pm
I work for a large organization and 8 of the last 10 EVP positions have been
YbeatsU
2/26/21 4:09pm
Hey, WE should get to buy those houses, not YOU!? This isn't fair!
cougarmeister
2/26/21 3:14pm
<< Deleted >>
YbeatsU
2/26/21 3:14pm
You know how hypocritical that is, right?
Baron
2/26/21 3:17pm
So entitled. They deserve it now, and shouldn't have to save and work for it like others before them did.
Turnpike Lane
2/26/21 3:18pm
I think you are getting your generations mixed up...
TheLoneCougar
2/26/21 3:20pm
<< Deleted >>
TheLoneCougar
2/26/21 3:23pm
Millennials are 40 years old? News to me.
byubyu
2/26/21 3:34pm
Yes
YIsForBrigham
2/26/21 3:35pm
RE: Millennials are 40 years old? News to me.
TheLoneCougar
2/26/21 3:43pm
No, that chart is wrong, millennials start around mid to late 80s.
Mitty
2/26/21 3:51pm
The grandpa vibes are strong in this thread
Memmo
2/26/21 4:15pm
You say that like being a grandpa is a bad thing. You really think that? And I’m
YbeatsU
2/26/21 7:20pm
I agree that there is a problem, but I don't agree with the solution
KingDave
2/26/21 3:15pm
I agree with you. I have a couple of properties--one hadn't been a rental and I
DC12
2/26/21 4:13pm
Many things wrong with your post, but one of them is the assumption that
garyfan
2/26/21 3:21pm
I like the rasing interest rates better. Would solve a lot of investment misallocation in other areas too.....
mokelembembe
2/26/21 3:22pm
10 Years ago I was in the same boat. Now in my 30s and I own 2 rental
Chefcurry
2/26/21 3:24pm
There is a demand for rental housing and it serves that. So you think all
johnnybyu
2/26/21 3:28pm
If we haven’t learned yet let’s keep trying more housing regulation to fix this
WP17
2/26/21 3:29pm
That’s not how capitalism works
kapcreations
2/26/21 3:34pm
This is a crazy socialist response to a real problem
YIsForBrigham
2/26/21 3:34pm
I read the article assuming it somehow supported your complaint, but my assumption was wrong
ColoSpgs
2/26/21 3:37pm
Honestly, this is one of the worst takes I’ve seen in a while
UVCoug
2/26/21 3:39pm
The answer for society is: build more homes. The answer for the individual is: move to places that you can afford.
YIsForBrigham
2/26/21 3:42pm
Hopefully that's easier now that more jobs will be remote
Schultz is back
2/26/21 3:44pm
That's the hope. But also, commutes may just be longer. Usually young people want the same stuff they had growing up
YIsForBrigham
2/26/21 3:48pm
Can't build where people want it. Nobody goes where you can.
Lip Gallagher
2/26/21 3:51pm
that's theproblem However COVID and the move to being able to work remotely will
Mayor of Cougartown
2/26/21 5:14pm
The issue isn't rentals, it is renters. Our neighborhood is overrun by rentals
Parkercoug82
2/26/21 3:49pm
You are going to get plenty of blowback on here from those who have it easy but
Mitty
2/26/21 3:56pm
RE: You are going to get plenty of blowback on here from those who have it easy but
Romex
2/26/21 4:12pm
Outlaw everything that has negative consequence!
cougXor
2/26/21 3:59pm
SFH long term renta aren’t really a problem. They are part of the normal housing
Nat Gas Man
2/26/21 4:07pm
41M?
fumblerooski
2/26/21 4:31pm
Laws like what?
JuicyJam
2/26/21 4:09pm
How about everybody gets 1 sizable property tax exemption for your primary
rcbyufan
2/26/21 4:26pm
Isn’t that how Utah law is written now?
Nat Gas Man
2/26/21 4:31pm
Just need to exaggerate it more. Like anything less than median value in state
rcbyufan
2/26/21 4:34pm
Whoah. No property tax at all for people that likely already also don’t pay much in income tax? Talk about fair share
YIsForBrigham
2/26/21 5:06pm
This will likely hurt renters the most which is who you are trying to help
johnnybyu
2/26/21 4:50pm
I'm not trying to help renters though. I'm trying to encourage people to get
rcbyufan
2/26/21 4:59pm
Right rents go up which will make it harder for them to save for a down payment
johnnybyu
2/26/21 5:05pm
You're thinking too short term. They will downsize their rental (maybe out of
rcbyufan
2/26/21 5:12pm
And you are thinking a govt solution will be helpful to the housing
johnnybyu
2/26/21 5:14pm
If that's the case then my plan would have LESS gov't intrusion because
rcbyufan
2/26/21 5:21pm
Then all those young families are going to pay a fortune to educate their kids.
johnnybyu
2/26/21 5:33pm
That's already exactly how it is in Utah. Rental properties for full time renters get the primary residence deduction
mulletino
2/26/21 4:57pm
"lots of young married couples unable to afford starter homes, and they live in cramped, bad rental housing".
Zenoch
2/26/21 4:33pm
Good for you! What price did you pay 40 years ago?
Parkercoug82
2/26/21 4:47pm
$90K. Which was expensive then and barely within our ability to pay even while stretching given the much lower wages
Zenoch
2/26/21 5:13pm
And your interest rate was probably astronomical as well.
byubyu
2/26/21 7:07pm
Good point. Our first mortgage had a 13% interest rate - which makes borrowing costs a lot more expensive. After several
Zenoch
2/26/21 7:16pm
Young people hate these anecdotes. Wages have not remotely kept up with housing
JuicyJam
2/26/21 5:38pm
Guess what? Your kids/grandkids will complain about housing/jobs in comparison to you too. I complained to my dad also
Zenoch
2/26/21 6:10pm
"This leads to Bernie followers" your idea is worse than most of Bernie's and
califcougar
2/26/21 4:39pm
The solution to fix cramped bad rental housing is to decrease rental options?
johnnybyu
2/26/21 4:48pm
Holy smokes! This guy hates capitalism. I'm guessing you are
CougaRR4L
2/26/21 4:55pm
I'm betting that a bigger problem is young marrieds see their middle class parents owning large homes and think
TFL
2/26/21 4:58pm
Tell young people to stop supporting over regulation by their beloved Biden
kotacoug
2/26/21 5:07pm
Not to inject facts into the conversation
4th and Niner
2/26/21 5:22pm
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