Crazy Amounts New Yorkers spend to live

[habuspasha]

42 minutes ago, LaosLover said:

who has felt it's sting as a property owner?

Donald Trump and some of the richest people in Manhattan.

[LaosLover]

21 minutes ago, habuspasha said:

Donald Trump and some of the richest people in Manhattan.

I'm all for that, but I don't think developers suffer too much in NYC. They regularly renege on providing the public spaces they promise.  

 

I'm currently benefiting from a 100% lack of rent control in renting out my house as an AirBnb. It cuts both ways.

 

Not interested in debating rent control. Def interested in how it affects people's ability to be in Thailand, both ways.

[n00dle]

16 hours ago, LaosLover said:

It's not fair.

i really dislike people that say this. 

[n00dle]

16 hours ago, LaosLover said:

who here has benefited from rent control

the house i rent in lower sukhumvit bangkok has remained rent stable for nearly 20 years. In fact it is so cheap  I kept it on even during a 5-7 year period where I was based in Manila and could only return a few wekends a month.

I considered storing my stuff, but could find storage that was more affordable.  

[KhunLA]

My monthly rental costs here, were about the same or less than my monthly RE Tax in the USA (Philly metro), and that's after I owned the house, free & clear.

 

One of main reasons I live here, lack of real RE Taxes & affordable/accessible healthcare being the others.  Aside from those 2, I see no real benefit (cost wise) of everyday living cost in TH.

 

Oh yea, almost forgot, I can buy inexpensive CH EVs here, that aren't even available in USA, or at silly prices.   Same with our solar system, saving 10s of 1000s of USD.

Edited May 25, 2023 by KhunLA

[mania]

15 hours ago, KhunLA said:

My monthly rental costs here, were about the same or less than my monthly RE Tax in the USA (Philly metro), and that's after I owned the house, free & clear.

 

Yeah sadly there are some real unfair or different Property Taxes in different States

 

Luckily although I live in what is considered a very high cost of living State the property taxes are very fair if it is your residence.

 

Plus they gave more & more exemptions as you aged here

So my property taxes are very low per year. maybe $30 a month

 

On the other end my daughter lives in Oregon & they pay  $500 a month

 

Crazy difference & not really fair IMHO

Primary residence should have little to no tax as it does here

 

 

[KhunLA]

4 hours ago, mania said:

Yeah sadly there are some real unfair or different Property Taxes in different States

 

Luckily although I live in what is considered a very high cost of living State the property taxes are very fair if it is your residence.

 

Plus they gave more & more exemptions as you aged here

So my property taxes are very low per year. maybe $30 a month

 

On the other end my daughter lives in Oregon & they pay  $500 a month

 

Crazy difference & not really fair IMHO

Primary residence should have little to no tax as it does here

 

 

Mine was hitting $4000 a year, 25 yrs ago = ฿10k+ a month. 

 

Last townhouse rental here was ฿6000, a couple houses down, same, was ฿3500, but didn't allow dogs.  Last single house was ฿5000, I think, and both within the last 5 ish yrs.

Edited May 26, 2023 by KhunLA

[LaosLover]

On 5/25/2023 at 12:04 AM, n00dle said:

i really dislike people that say this. (that it's not fair to enforce rent reductions willy nilly).

Yeah, but it's not.

 

Affordable housing is the responsibility of the government, not individual landlords. Fobbing the problem off on individual landlords is as UNFAIR as corporations dumping pollutants and sticking government with the clean up bill.

 

I recall a neighbor who exposed a brick wall in his apartment and then took the Landlord to court because his apartment was cold. Because exposing a brick wall leaks a lot of heat. In a local newspaper, a neighborhood was praised as being a Mecca for dining due to so many rent controlled building around it with disposable income to dine out.

 

Should individual landlords be forced to subsidize interior design choices, eating out more, and 4 trips a year to Thailand?

 

Should rent subsidies (which is what rent control is) be reserved for families, disabled people etc, or just tipped out of a plane flying over Manhattan for whoever is lucky enough to grab one?

 

I am the most big-government, anti-libertarian person you will ever meet, And yet things sometimes indeed are either fair or un-. Even if you really dislike it when someone points that out.

 

These days, I find myself on the other end of things. I am a liberal, but am suddenly happy to be free of liberal restrictions in renting out my house as an Air BnB.

 

I recall a similar sentiment from the guy in England who I bought my house from -who bought that house with the proceeds from selling a Thatcher-era  council flat. Oh, how he hated and gnashed his teeth about Thatcher.

 

I'm glad I'm in redneck no-zoning, no rules land, even tho as a liberal, I love zoning and rules. I studied urban planning in college, so unsurprisingly, I like a lot of planning, which means more rules. 

 

But now, a few thousand dollars a month are at stake. Like conservatives and liberals alike, I believe in rules for thee, not for me.

 

Can rent control-milkers not similarly laugh at themselves while in the airport departure lounge to Paradise on someone else's dime?

Edited May 26, 2023 by LaosLover

[n00dle]

7 hours ago, LaosLover said:

Yeah, but it's not.

 

Affordable housing is the responsibility of the government, not individual landlords. Fobbing the problem off on individual landlords is as UNFAIR as corporations dumping pollutants and sticking government with the clean up bill.

 

I recall a neighbor who exposed a brick wall in his apartment and then took the Landlord to court because his apartment was cold. Because exposing a brick wall leaks a lot of heat. In a local newspaper, a neighborhood was praised as being a Mecca for dining due to so many rent controlled building around it with disposable income to dine out.

 

Should individual landlords be forced to subsidize interior design choices, eating out more, and 4 trips a year to Thailand?

 

Should rent subsidies (which is what rent control is) be reserved for families, disabled people etc, or just tipped out of a plane flying over Manhattan for whoever is lucky enough to grab one?

 

I am the most big-government, anti-libertarian person you will ever meet, And yet things sometimes indeed are either fair or un-. Even if you really dislike it when someone points that out.

 

These days, I find myself on the other end of things. I am a liberal, but am suddenly happy to be free of liberal restrictions in renting out my house as an Air BnB.

 

I recall a similar sentiment from the guy in England who I bought my house from -who bought that house with the proceeds from selling a Thatcher-era  council flat. Oh, how he hated and gnashed his teeth about Thatcher.

 

I'm glad I'm in redneck no-zoning, no rules land, even tho as a liberal, I love zoning and rules. I studied urban planning in college, so unsurprisingly, I like a lot of planning, which means more rules. 

 

But now, a few thousand dollars a month are at stake. Like conservatives and liberals alike, I believe in rules for thee, not for me.

 

Can rent control-milkers not similarly laugh at themselves while in the airport departure lounge to Paradise on someone else's dime?

you edited my quote and changed my meaning.  Dont do that. maybe willy nilly is common parlance for you, but it certainly isnt something i have ever said or wrtitten.

This rent control twaddle also has a very tenuous connect with thailand at best, and evern less realvence to the topic.

Edited May 27, 2023 by n00dle