Housing Issues (f/k/a Harris Economic Agenda Speech)

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superrific said:
Is this a policy speech? None of the links provided here refer to actual policy. I mean, if Trump is going to run on bombastic empty promises, then so should Kamala but I'm not seeing an actual policy agenda.
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Its all relative I suppose
 
nycfan said:


i may have missed it (and the devil’s in the details), but I didn’t hear a price control proposal. Which is not to say that I agree with all her economic proposals as described in her speech or otherwise by the media.
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Gouging and price controls are a bit different. One is taking advantage (often in category monopolization). But yeah it's one thing on necessities like food - it's different on luxuries like foldable cell phones
 
superrific said:
Is this a policy speech? None of the links provided here refer to actual policy. I mean, if Trump is going to run on bombastic empty promises, then so should Kamala but I'm not seeing an actual policy agenda.
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It's a vision/goal speech.
 
Calheel said:
One man's (or woman's) price gouging restrictions is another man's price controls.

Let's say it is socialism adjacent to attempt to regulate how much Harris Teeter is charging for eggs. Obviously, all of this is just political fluff and none of it is going to result in any actual policy changes. But the idea that the government can tell the retailer or the store to charge less for a food staple because it thinks the price is "unfair" is at least starting down the socialism road. There are already laws on the books about true price gouging, so it is not exactly clear what additional government regulation would try to do here.
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There are no complaints about price floors or milks, corn, and other agricultural commodities.
 
Privatize the profits and socialize the loses.

www.iowafarmbureau.com

How is milk priced in the United States? An overview of FMMOs

Most milk in the US is priced by Federal Milk Marketing Orders (FMMOs) - frequently amended federal laws outlining minimum prices that must be paid by processors for milk.
www.iowafarmbureau.com www.iowafarmbureau.com
Most of the milk in the United States is priced under Federal Milk Marketing Orders (FMMOs). FMMOs are federal laws that specifies the minimum price producers must be paid by handlers for their milk.
 
nycfan said:
I do think tax breaks for builders who build entry-level housing makes sense to increase inventory of such homes, but not sure how you prevent market forces from bidding up the cost of such homes anyway.
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As a 30 year builder, and having faced several mortgage interest rate and recession cycles.............not sure this will fix entry level housing. Builders will naturally gravitate to building the most profitable, least trouble type housing. Current economics favor the slightly larger empty Nestor home. Single story if your lot can accommodate. You are going to the same amount of trouble building that home as you would the smaller starter home.

Local issues with land availability makes starter home building not feasible. Local governments don't assist in running water/sewer anywhere near the development in most parts of the country. So if the developer wants it, he usually has to incur the cost of running those utilities from wherever they are, to his location.

Therefore, if federal government could provide carrots for running the utilities that can be accessed by more potential developments and condition the carrots to starter home developments then that would be much, much more effective. It would open a flood gate I bet.
 
nycfan said:
www.nbcnews.com

Harris to endorse protections for renters and removal of key tax benefits for Wall St. investors buying homes

Harris has begun to provide details about her policy positions after abruptly becoming the Democratic nominee.
www.nbcnews.com www.nbcnews.com

“… Harris will propose plans to stop data firms from driving up lease rates and plans aimed at stopping Wall Street investors from buying up and reselling homes in bulk at a higher price, according to the proposal.

As part of the rollout, Harris will call on Congress to pass the Preventing the Algorithmic Facilitation of Rental Housing Cartels Act, a bill introduced by Sens. Ron Wyden, D-Ore., and Peter Welch, D-Vt., that they said would prevent corporate landlords from using private equity-backed price-setting tools to raise rents dramatically in communities across the country.


Harris will also call on Congress to pass the Stop Predatory Investing Act, a bill introduced by Sen. Sherrod Brown, D-Ohio, and several other Democratic senators. The bill is designed to stop communities from being taken advantage of by Wall Street investors and distant landlords. The bill would curtail those practices by removing key tax benefits for major investors who acquire large numbers of single-family rental homes.

… Harris also plans to express support for the ongoing efforts by the Biden administration to “expand rental assistance for Americans including for veterans, boost housing supply for those without homes, enforce fair housing laws, and make sure corporate landlords can’t use taxpayer dollars to unfairly rip off renters.” …”
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I'm going to have to read this plan before I can have an opinion.

My wife works for a company that provides lease software. Some of these corporate leases are ridiculous. One can barely breath without losing their deposit.

I also listened to a pretty compelling podcast, a couple weeks ago, about that basically said that price controls in housing don't work.
 
BlueSmoke said:
Therefore, if federal government could provide carrots for running the utilities that can be accessed by more potential developments and condition the carrots to starter home developments then that would be much, much more effective. It would open a flood gate I bet.
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Maybe if this housing thing starts-knowlegdable folks like you will influence implementation
FWIW . My brother built a house in Chapel hill a few years ago-not real fancy-so his granddaughters could stay there if they went to Carolina .Before he got the permit he had to pay $15,000 ( I think ) "school impact " fee
 
BlueSmoke said:
As a 30 year builder, and having faced several mortgage interest rate and recession cycles.............not sure this will fix entry level housing. Builders will naturally gravitate to building the most profitable, least trouble type housing. Current economics favor the slightly larger empty Nestor home. Single story if your lot can accommodate. You are going to the same amount of trouble building that home as you would the smaller starter home.

Local issues with land availability makes starter home building not feasible. Local governments don't assist in running water/sewer anywhere near the development in most parts of the country. So if the developer wants it, he usually has to incur the cost of running those utilities from wherever they are, to his location.

Therefore, if federal government could provide carrots for running the utilities that can be accessed by more potential developments and condition the carrots to starter home developments then that would be much, much more effective. It would open a flood gate I bet.
Click to expand...
Agree. I would like to see some incentives toward smaller starter homes. At the same time it needs to be regulated so that the first buyers are the only ones that really get a starter home at a starter home price.

My understanding is that Habitat for humanity has rules to keep someone from selling the house for a big quick profit. I believe they have to live there a minimum of 5 years.
 
BlueSmoke said:
Therefore, if federal government could provide carrots for running the utilities that can be accessed by more potential developments and condition the carrots to starter home developments then that would be much, much more effective. It would open a flood gate I bet.
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I'd like to see the feds make infrastructure money for localities contingent on removal of unnecessary barriers to housing, but won't hold my breath
 
Calheel said:
By today's Republican standards, Nixon was a full-on communist. Starting the EPA? Passing Title IX? Endangered Species Act? Clean Water Act? Clean Air Act? Nixon was surely a RINO by today's standards.
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Don't forget he also gave us the DEA...
 
Calheel said:
Turns out, Nixon was immune. Apparently, no one knew that little known part of the constitution in 1974.
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Wow, he could have just assassinated all of the dems and we would have never had President Ford.
 
mpaer said:
Well 50 years ago all the Farm Subsidies were aimed at the "Family Farm' and a stable food supply
Today an enourmous amount probably goes to Corp Farms............
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Yes, this seems to be something that needs to be overhauled. I've read several stories about people milking this system.
 
UNCatTech said:
Agree. I would like to see some incentives toward smaller starter homes. At the same time it needs to be regulated so that the first buyers are the only ones that really get a starter home at a starter home price.

My understanding is that Habitat for humanity has rules to keep someone from selling the house for a big quick profit. I believe they have to live there a minimum of 5 years.
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Apartments and density are needed.
 
haroldminer said:
Apartments and density are needed.
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I can see that, I just hope there are impact taxes to make sure that the area can handle the number of cars and people.

There is a neighborhood going in near us that has apartments, houses, townhomes, and retail. The apartments are very dense. The overall project looks good, but the roads need to be improved around it. Until they improve the roads, I suspect that it will be a nightmare getting in and out in the morning.
 
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