State of the Union 2024

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fskimospy

Elite Member
Mar 10, 2006
84,623
49,185
136
And what collusion is that? It's frankly impossible to keep a cartel of hundreds to thousands of individual landlords aligned, and they can't just set prices at whatever the hell they feel like. It's not like Chicago or Austin landlords are somehow less greedy than Boston or San Francisco landlords. They can only charge as much as people are willing to pay - if there are tons of open units, people will tell the high-priced places to pound sand and rent somewhere else.

Plus, if you build enough, rents do fall. Austin has seen rents decrease (not just slow the rate of increase) because they've been keeping up with demand. https://www.kxan.com/news/local/austin/austin-among-metros-in-the-us-with-steepest-rent-declines/
Exactly. People attempting collusion or whatever on housing units are betting on the continued lack of supply.

As I’ve said before if you guys hate speculators then just let people build. They will be ruined.
 
Dec 10, 2005
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RealPage is collusion
RealPage is the equivalent of a landlord opening up Zillow and seeing what to charge, or a big landlord realizing they should keep occupancy at 95% instead of 98% because a 2-4 week delay in new renting could mean a little more long term money.

Warehousing apartments is generally bad for landlords because they lose money when they aren't being rented. They can't just "write it off".
 

eelw

Diamond Member
Dec 4, 1999
9,274
4,566
136
While I get the rule that all former house members have flood privileges. It’s stupid that a removed member can still just show up. Santos there for SOTU
 

APU_Fusion

Senior member
Dec 16, 2013
922
1,419
136
What do you mean by inflation that refuses to stop?
God, these liars live stevegabowski never stop. No objective reality. No understanding of why inflation was world wide issue due to Covid. No understanding United States way ahead of other countries because of proactive spending. They are just dumb. All feels; no brains
 
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K1052

Elite Member
Aug 21, 2003
46,640
34,461
136
God, these liars live stevegabowski never stop. No objective reality. No understanding of why inflation was world wide issue due to Covid. No understanding United States way ahead of other countries because of proactive spending. They are just dumb. All feels; no brains

I ran into somebody a week ago who told me inflation is running at 20% a year and that the economy is in recession. Some people just cannot be reached.
 
Dec 10, 2005
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I ran into somebody a week ago who told me inflation is running at 20% a year and that the economy is in recession. Some people just cannot be reached.
My grocery bill largely remains the same as it has been in the past - a few things are slightly more expensive, but their prices have stabilized, and I really haven't noticed a big change in spending. But in this awesome economy, I went out and got myself a new job paying 25%+ more (and avoided some layoffs at my old place to boot); and my investments are doing fantastically. This Biden economy is awesome.

Some people just want to live in miserable vibe-land. It's all vibes based on what their friends and social media are feeding to them.
 
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SteveGrabowski

Diamond Member
Oct 20, 2014
7,108
5,984
136
God, these liars live stevegabowski never stop. No objective reality. No understanding of why inflation was world wide issue due to Covid. No understanding United States way ahead of other countries because of proactive spending. They are just dumb. All feels; no brains
Go fuck yourself. Inflation isn't from COVID, it's from corporate profiteering from how little competition there is thanks to all the mergers and buyouts that are allowed to take place. It's the kind of planned economy they used to warn us about in school with the socialist boogeyman but caused by capitalism.
 

SteveGrabowski

Diamond Member
Oct 20, 2014
7,108
5,984
136
My grocery bill largely remains the same as it has been in the past - a few things are slightly more expensive, but their prices have stabilized, and I really haven't noticed a big change in spending. But in this awesome economy, I went out and got myself a new job paying 25%+ more (and avoided some layoffs at my old place to boot); and my investments are doing fantastically. This Biden economy is awesome.

Some people just want to live in miserable vibe-land. It's all vibes based on what their friends and social media are feeding to them.
LOL if you think this economy where all the wealth has shifted upwards is good for the people. LOL Wall Street doing well being good for the workers of this nation. LOL this being a good economy when something like 35% of jobs are crap gig work like Doordash.
 
Dec 10, 2005
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LOL if you think this economy where all the wealth has shifted upwards is good for the people. LOL Wall Street doing well being good for the workers of this nation. LOL this being a good economy when something like 35% of jobs are crap gig work like Doordash.
Workers have all seen their wages rise, especially those at the bottom. Just because you're bitter, delusional, and perhaps "too online" doesn't mean that people are not better off.
 
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fskimospy

Elite Member
Mar 10, 2006
84,623
49,185
136
Go fuck yourself. Inflation isn't from COVID, it's from corporate profiteering from how little competition there is thanks to all the mergers and buyouts that are allowed to take place. It's the kind of planned economy they used to warn us about in school with the socialist boogeyman but caused by capitalism.
If that’s the case why is inflation happening everywhere and why is the US lower than most?
 
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SteveGrabowski

Diamond Member
Oct 20, 2014
7,108
5,984
136
Workers have all seen their wages rise, especially those at the bottom. Just because you're bitter, delusional, and perhaps "too online" doesn't mean that people are not better off.
You really are so unbelievably out of touch if you think this is a good economy. Yeah everyone is just stupid given Biden's 56% disapproval rating because everything is amazing.
 
Dec 10, 2005
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You really are so unbelievably out of touch if you think this is a good economy. Yeah everyone is just stupid given Biden's 56% disapproval rating because everything is amazing.
You can live in lala land. Here in reality, the data says otherwise. And yes, people are fucking stupid - people just completely living on vibes; it's amazing how out of touch people are.

Real wages have risen since before the pandemic across the income distribution. In particular, middle-income and lower-income households have seen their real earnings rise especially fast. And in the past 12 months, real wages overall have grown faster than they did in the pre-pandemic expansion.

Figure 1: Growth of Real Earnings since Pre-Pandemic Across Income Distribution


Figure 6: International Comparison of Real Wage Growth

 
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SteveGrabowski

Diamond Member
Oct 20, 2014
7,108
5,984
136
Well at least the ones that think the orange monkey is the solution. Those people are REALLLLLLYYYY stupid.
Agreed, Trump would be worse than Biden in pretty much any metric imaginable. But the Democrats are nuts if they try to run on everything's great.
 

repoman0

Diamond Member
Jun 17, 2010
4,528
3,441
136
You really are so unbelievably out of touch if you think this is a good economy. Yeah everyone is just stupid given Biden's 56% disapproval rating because everything is amazing.
I mean you live in Texas, no surprise that your republican run economy sucks. I’m far better off in my democratic utopia than four years ago.
 

SteveGrabowski

Diamond Member
Oct 20, 2014
7,108
5,984
136
You can live in lala land. Here in reality, the data says otherwise. And yes, people are fucking stupid - people just completely living on vibes; it's amazing how out of touch people are.


Figure 1: Growth of Real Earnings since Pre-Pandemic Across Income Distribution

View attachment 95009

Figure 6: International Comparison of Real Wage Growth

View attachment 95010
Yes everyone is stupid but liberals. Hopefully Biden doesn't run on that.
 
Dec 10, 2005
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I mean you live in Texas, no surprise that your republican run economy sucks. I’m far better off in my democratic utopia than four years ago.
The only way my democratic utopia could be better is if the state government crushes the ability of the multitude of Boston fiefdom municipalities to control their local zoning, so that we can flood the region with more places for people to live.
 
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GettyRoad

Golden Member
Mar 5, 2016
1,171
349
136
Thats the dumbest thing I've seen 2024 so far.
You gotta get young male voters----it can't be a gender gap...

Young men are so lost---and they're running to Cooney and Rogan---and Biden needs to address that tonight.
 

eelw

Diamond Member
Dec 4, 1999
9,274
4,566
136
Hehe back to Santos. He had the gall to sit in the main floor. Security asked him to move for current congress critters. He’s apparently standing in the back now.
 
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