People are debating you because you’re operating under a different definition of “able to pay”. Yes technically they can’t get blood from a stone. If I make $100 dollars a month they can’t charge me $101 for rent or I can’t live there. But under the “30%” rule I shouldn’t pay more than $30 in rent, the theory being that I need the additional $70 dollars a month for utilities, food, gas etc and in theory I still have some left over for savings, incidentals, etc.If all the landlords in my area are charging $50 in rent for a studio I can technically pay that, but somethings taking a hit in my budget and it probably won’t be utilities (running water), food (got to eat), or gas (gotta get to work) so it’ll be my savings, incidentals, etc funds. Now I have no savings and can’t pay an emergency expense like a flat tire because that extra $20 a month I could have saved went to my rent because I could “technically pay it.”
The way your comment is worded makes it sound like you probably think living check to check is a personal choice because someone didn’t want to tug on their boot straps hard enough. Should the market adjust if people dont want to pay a certain amount in rent? In theory, yes. The reason rent is skewed away from the consumer in a traditional market adjustment is that people need a place to live. So theyll keep paying till they literally can’t and become homeless. If we were talking about the cost of luxury items then the market adjustment would be much quicker because people can afford not to buy parrot petting poles but it’s harder to just quit buying it when its food or rent and that makes it ripe for abuse.
The way your comment is worded makes it sound like you probably think living check to check is a personal choice because someone didn’t want to tug on their boot straps hard enough.
I have no idea where you guys are getting this from.
My point is simple, but I feel like the downvotes had their snowball effect and people who can’t think for themselves are doing mental gymnastics to fit in with the crowd.
Holy shit dude. Literally everyone is telling you you’re wrong, some nicer people are even taking time to politely explain why you’re meeting so much resistance to your opinion. And you’re just shoving your fingers in your ears and screaming NAH NAH NAH I can’t hear you GROUPTHINK DOWNVOTES ME RIGHT YOU WRONG.
Its fucking exhausting trying to help people like you. Why anyone tries is beyond me. Enjoy your inability to think critically and assurance of your correctness. Don’t fucking bother replying
People are debating you because you’re operating under a different definition of “able to pay”. Yes technically they can’t get blood from a stone. If I make $100 dollars a month they can’t charge me $101 for rent or I can’t live there. But under the “30%” rule I shouldn’t pay more than $30 in rent, the theory being that I need the additional $70 dollars a month for utilities, food, gas etc and in theory I still have some left over for savings, incidentals, etc.If all the landlords in my area are charging $50 in rent for a studio I can technically pay that, but somethings taking a hit in my budget and it probably won’t be utilities (running water), food (got to eat), or gas (gotta get to work) so it’ll be my savings, incidentals, etc funds. Now I have no savings and can’t pay an emergency expense like a flat tire because that extra $20 a month I could have saved went to my rent because I could “technically pay it.”
The way your comment is worded makes it sound like you probably think living check to check is a personal choice because someone didn’t want to tug on their boot straps hard enough. Should the market adjust if people dont want to pay a certain amount in rent? In theory, yes. The reason rent is skewed away from the consumer in a traditional market adjustment is that people need a place to live. So theyll keep paying till they literally can’t and become homeless. If we were talking about the cost of luxury items then the market adjustment would be much quicker because people can afford not to buy parrot petting poles but it’s harder to just quit buying it when its food or rent and that makes it ripe for abuse.
I have no idea where you guys are getting this from.
My point is simple, but I feel like the downvotes had their snowball effect and people who can’t think for themselves are doing mental gymnastics to fit in with the crowd.
Holy shit dude. Literally everyone is telling you you’re wrong, some nicer people are even taking time to politely explain why you’re meeting so much resistance to your opinion. And you’re just shoving your fingers in your ears and screaming NAH NAH NAH I can’t hear you GROUPTHINK DOWNVOTES ME RIGHT YOU WRONG.
Its fucking exhausting trying to help people like you. Why anyone tries is beyond me. Enjoy your inability to think critically and assurance of your correctness. Don’t fucking bother replying