HEY EVERYBODY!!! THANK MORE2 FOR RAISING KANSAS CITY RENTS AS KCMO QUESTION 1 'HEALTHY HOMES' PASSES!!!
So far the effort has 57 percent of the vote which means that nobody takes threats from their landlords seriously.
With 100 percent of precincts reporting, KC Healthy Homes passes 51,198 to 39,767, carrying north and south of river.
The upshot . . .
THERE'S NO TELLING IF HOUSING STANDARDS WILL IMPROVE IN KANSAS CITY BUT LOCAL LANDLORDS WILL HAVE AN EXCUSE TO RAISE RENT BY AT LAST 20 BUCKS THANKS TO THIS EFFORT!!!
A lot of the Healthy Homes initiative is unclear and wide open to interpretation . . . So expect at least a year until it's even close to going into effect. In that time we'll see the housing crisis worsen and very little improvement in the lives of po'folk no matter the emotive rhetoric of More2 activists.
Developing . . .
Look for Real Estate values to drop as the Slumlords start trying to dump their shitholes! The phones at "We Buy Ugly Houses" will be overloaded for a week!
ReplyDeleteAnd of course the biggest group of slumlords, the Black Churches will have heir "Rent-A-Mobs" out protesting tomorrow!
This is a cash cow for me. Raising my rents October 1. My rentals are clean and in good KC locations, so I never have problems with occupancy. I am going to get started by saving up some cash with a big, fat $50 rental increase. Thanks dumb voters and SJWs.
ReplyDeleteHa! Ha! You need to clean up your shit-holes now! That’s what you get’. Wow and extra $50! A month! Boy, you can get the big box of Depends now!
DeleteAll the rentals that don't pass inspection and that are too far gone to be worth fixing... it's only going to tighten the already tight supply. Guess these voters failed economics. Should have read how supply and demand works.
ReplyDeleteWe do. You need to fix your shit rentals. Nobody wants to stay in your nasty homes anyway. If you can’t afford the up keep, sell them.
DeletesLIE got him some more spendin money
ReplyDeleteYou can’t fix stupid
ReplyDeleteLandlords can already raise rent whenever they want to, without justification. This changes absolutely nothing except protecting people living in unsafe, mold filled and rat infested homes, thereby increasing BASIC standards of living.
ReplyDeleteLuxury Living For All! Only $550 a month!
ReplyDelete
ReplyDeleteLandlords will have to raise rent more than $50.00. Getting everything up to code will be costly and inspectors are pretty hard core on things, even places that are pretty decent. Then to have people like some of the above posters come in and tear the place up??? Not worth it. Looks like some people cut their own throats.
I had read where some slumlord actually wanted praise for providing sub-standard housing for those poor people who couldn't afford anything better.
ReplyDeleteOkay, here goes......thanks to you and your fellow slumlords for taking money from folks who don't have jack shit, and providing the moldy, rat and roach infested places that you wouldn't allow your dog to stay in.
And now the council will fill in the blanks with an ordinance. Another layer of bureaucracy always makes things work better.
ReplyDeleteAnyone whose argument is "Well, they can raise rent if they want to" is economically illiterate and should ready any book on basic economics. I'm talking like econ 101 level stuff. This puts the squeeze one poor people and those trying to start their lives. Supply will naturally go down, which will increase prices since. And since there will be less competition among landlords there will be less motivation to price rents competitively. In addition, this creates additional barriers for those wanting to develop, create, and build new rental properties. This is a typical policy that sounds good to the uneducated but will have a list of unintended consequences and problems that make this policy equivalent to shooting yourselves in the foot. I'm glad I own a house in KC and am not a renter
ReplyDeleteI'm not a landlord and most likely never will be but they are portrayed in some villainous and caricature way, which is silly. People must watch too much tv or movies since most landlords, especially in KC only own a few properties and have margins so thin it's almost not worth renting. This was a bad decision by voters of KC
Over abundant TIF on luxury housing is to blame for raising rent
ReplyDeleteExpectation of habitability and basic tenants rights, nah. Will your mom be raising your rent, Tony?