Problem is that any regulation proposed to rein in the slide towards capitalist dystopia is suddenly labeled as anti-democratic commie socialist dictators trying to crush the free market.
Make no mistake, corporations are dictatorships. They do need to be held in check.
Edit: so the interest rates have risen several percent along with the cost or labor and materials eating into the profits of serial buyers who leverage loans to buy more on previously purchased properties. If they don’t jack up the rent, they can’t manage the debt.
That said, fuck those guys, hope they go bankrupt. This isn’t someone who has an extra property they invested in years ago, these are the clowns buying everything up and squeezing the market.
Ok. So they’re playing the old game of leveraging assets (properties) to buy more and painting themselves in a corner because of rates. Well, fuck these serial buyers squeezing the market. Hope they do get forced to sell.
After reading a comment by another poster I don’t think these are “small” landlords, at least not mega-corporate buyers, but the kind that serial buy properties leveraging the assets to buy more. So not someone that bought an investment or two but someone buying as many as they can get away with. Maybe the bigger fish are doing it too… but anyway, they don’t have the profit margin on the rates they took the loans that are now rising. They probably didn’t do fixed rates, as you wouldn’t as a non-homeowner. So rates went from 3% to what…8%? Margin is eaten up along with inflation, labor costs, materials, etc.
Screw ‘em. They just want to make the renter eat it so they can profit, I have zero sympathy and I hope they go bankrupt.
Myers, who says he’s a licensed security guard, was sitting in his car Wednesday to conduct “overwatch” while his son trains because “he has seen numerous crimes occur” in the parking lot, according to the probable cause statement....
AKA: How Daft Punk worked with people who know how to make movie scores and made a soundtrack with them, the video shows that composers tie musical elements to on-screen dynamics and themes.
I’m not sure that the video sells the title. It’s a really good soundtrack, I think they made a great choice with Daft Punk’s style and input as a driving theme for the soundtrack. The video is more of “here’s what they did to make the soundtrack” rather than explain why this soundtrack is the best Daft Punk when compared to the rest of their discography.
The US judge overseeing Donald Trump’s hush-money case in New York City has written a letter to prosecutors and the former president’s defence team about a Facebook post in which a person claims to have known the jury’s decision before it became public....
Sky News can reveal Trump has failed to comply with the costs order with Christopher Steele, the former MI6 agent who compiled the infamous document....
From its towering white steeple and red-brick facade to its Sunday services filled with rousing gospel hymns and evangelistic sermons, First Baptist Church of Alexandria, Virginia, bears many of the classic hallmarks of a Southern Baptist church....
Well it worked when he whined and moved Tesla to Texas because he couldn’t get what he wanted. Maybe he’ll leave Tesla now. Problem is a billionaire like him at loose ends could send him into politics.
A federal judge ordered former Trump White House aide Steve Bannon to report to jail by July 1 to begin serving a four-month sentence for his contempt of Congress conviction....
No respect, definitely contempt, and probably fear.
He’s like the cartoon evil bad guy boss. His minions suck up to him, keep him in power and praise him in public, but behind his back they hate him, mock him, take joy in his failings, and want him to fail. But they’re always worried that they’ll fall on his disfavor and get booted.
In effect, Mr. Trump’s candidacy is becoming a referendum on what kind of justice system the country believes it has now and wants to have in the future
How is it that it’s so hard to prosecute this sleazebag but somehow it’s easy for him to prosecute rivals?
E: after thinking about it it’s because his cronies will pile on making hearing after hearing and the judiciary is completely fucked with blatant political prejudice by conservative judges.
Alex Jones cries after agreeing to liquidate assets to pay Sandy Hook families | CNN (www.cnn.com)
This meme was inspired by the response to a meme I posted on r/worldjerking (slrpnk.net)
cross-posted from: slrpnk.net/post/10351845...
L.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sell (www.latimes.com)
Paywall removed: archive.is/MbQYG
“A ton of aggravating factors”: Legal experts weigh path to jail sentence for Trump (www.salon.com)
Washington man arrested after fatally shooting teen who had BB gun (www.usatoday.com)
Myers, who says he’s a licensed security guard, was sitting in his car Wednesday to conduct “overwatch” while his son trains because “he has seen numerous crimes occur” in the parking lot, according to the probable cause statement....
He'll be living with this for the rest of his life (lemmy.world)
Why The Tron: Legacy Score Is One Of Daft Punk's Best Albums (www.youtube.com)
Nice analysis of the different pieces and why they work well
Biden administration sets 50 miles per gallon fuel economy standard for 2031 (www.washingtonpost.com)
The new standards are part of a broad push to get more Americans into electric vehicles, and reduce the environmental cost of driving.
'Trump is for sale': Conservatives outraged over ex-president's TikTok flip-flop (www.rawstory.com)
Judge flags Facebook post claiming inside access to Trump verdict (www.bbc.com)
The US judge overseeing Donald Trump’s hush-money case in New York City has written a letter to prosecutors and the former president’s defence team about a Facebook post in which a person claims to have known the jury’s decision before it became public....
Donald Trump in breach of £300,000 legal costs ruling after losing UK dossier case against former MI6 spy (news.sky.com)
Sky News can reveal Trump has failed to comply with the costs order with Christopher Steele, the former MI6 agent who compiled the infamous document....
Southern Baptists are poised to ban churches with women pastors. Some are urging them to reconsider (apnews.com)
From its towering white steeple and red-brick facade to its Sunday services filled with rousing gospel hymns and evangelistic sermons, First Baptist Church of Alexandria, Virginia, bears many of the classic hallmarks of a Southern Baptist church....
Tesla CEO Elon Musk could leave if $56 billion pay package not approved, shareholders warned (www.theverge.com)
Life as a teen without social media isn't easy. These families are navigating adolescence offline (apnews.com)
Militarized Cybertruck cop cars are coming (www.popsci.com)
A California company is advertising ‘tactical response’ Tesla Cybertruck upgrades for police cruisers, including shotgun racks and sirens.
Former Trump aide Steve Bannon ordered to jail by July 1 to serve contempt of Congress sentence (www.cnbc.com)
A federal judge ordered former Trump White House aide Steve Bannon to report to jail by July 1 to begin serving a four-month sentence for his contempt of Congress conviction....
Donald Trump's "foamy saliva" in campaign video raises questions (www.newsweek.com)
If Elected, Donald Trump Would Face Few Hurdles to Prosecuting Rivals- The New York Times (Free Article) (www.nytimes.com)
In effect, Mr. Trump’s candidacy is becoming a referendum on what kind of justice system the country believes it has now and wants to have in the future
Things the guys who stole my phone have texted me to try to get me to unlock it - Gothamist (gothamist.com)
This is a very entertaining and educational article, giving insights into the methods used by thiefs to try and get access to your phone data....
Microsoft to test “new features and more” for aging, stubbornly popular Windows 10 (arstechnica.com)
I watched Nvidia's Computex 2024 keynote and it made my blood run cold (www.techradar.com)