Just too much here to unpack thoughtfully. Landlord thinks rent is too high? Just freeze rent, thatll take care of it like in new york. Sarc.
As for ācherry pickingā, I just checked the 2000 vs. 2026 sticker prices for Camry, Accord, Altima, Corolla, and Civic. All are cheaper today on an inflation adjusted basis. These are some of the best selling cars, not like Iām looking for oddballs. Well, it is true that the Porsche 911 Turbo has increased in price: $26,000 in 1976 = $156,000 inflation-adjusted, much less than the $270,000 or so a (far superior) 2026 will cost somebody. Not too worried about thatā¦
Even as a joke, it shows you donāt have an understanding of rent controls in NYC. There are very specific rules and regulations in place to force landlords to freeze rent (aka rent controlled) which amounts to less than 1% of ALL rentals.
Iām sick and tired of landlords in general being demonized, as if weāre all evil people
Believe me, Iām not getting rich off of my rental property
And Iām not really allowed to charge what I would consider to be appropriate
Well like i said, a lot to unpsck. I believe people that own rental property should be able to set rates free from government interference. Why would anyone sell a product where they couldnt determine pricing?
The inflation rate is a fictitious number based on an imaginary consumer buying imaginary items. A guide at best but for my own situation, rent is not important. Gas prices are not important and a host of other items. Sure food is a factor but tax increases are a bigger factor. The recent graduate with a sociology degree and $100,000 in debt and no jobs is another issue. But we knew that years ago. The single mother struggles but we knew that too.
Car prices are high so buy or dont buy based on your own situation. I used to quip that i drove a newer car in college. I didnt buy a new car until i could afford it based on my own numbers, not a fictitious number from the government. I have empathy for the many people struggling but government is not an answer. Many cases th3 cause. Enough.
Iām right there with you. I was a landlord for decades. At my highest I owned a total of 12 rental units (homes and apartments as part of a 3 or 2 family homes). I made my money on the back-end (when I sold the properties).
The problem is these corporations that are buying rental units and jacking the price up for PROFIT. My tenants loved me because I wasnāt raising their rent every year. I only raised it when my expenses went up. I had an older married couple renting half of my duplex who had adult kids renting 2-bedroom apartments 2 blocks away and were paying 40% more than I was charging the parents.
They can. Only in certain conditions are they allowed to.
strictly regulated units limited to buildings constructed before February 1, 1947, where the tenant has lived continuously since July 1, 1971 (or March 31, 1952, in smaller homes)ā¦and many other rules.
Itās to accommodate low-income housing. With the MILLIONS of people living in NYC there are only 24,000 rent-controlled apartments.
Of the 3 you mentioned - Tax increases are the LEAST important factor that impacts the working poor. Gas price increases and food price increases apply immediately and affect a familyās monthly budget drastically when those prices go up too suddenly. Tax increases take a much longer time to implement and usually gives familyās time to adjust. Except for things like Trumps Tariffs which caused prices to rise almost IMMEDIATELY.
- The median price of a particular vehicle model is a more important statistic than the advertised price.
When a dealer has only one Camry for $34,000, a buyer must increase their spending budget to $39,000 for a choice of exterior color etc. Buyers wonāt hesitate to spend more for a vehicle with an interior or exterior color they can live with.
Destination charge is now $1300.
Dealerās document fee has increased over the years. Many dealers in my area load new inventory with window tint, this can add $600 or more to the price of the vehicle. Toyota dealers include low value add-ons on every vehicle on the lot; limited supply and large demand. The car market now belongs to the manufactures of hybrid vehicles.
The CPI has doubled from 1997 to 2025 Consumer Price Index Data from 1913 to 2026
I donāt think all of that is due to currency devaluation, which would cause everything to go up equally. The dollar losing half of its value in 28 years is huge, but I donāt think itās quite that bad. Due to taxes, increased regulations, and limited supply due to economic conspiracy, the amount of man hours of work needed obtain things like housing and energy has increased, causing the CPI to increase more than currency devaluation.
Last night kudlow said if you take out the rental equivalence part of the cpi, which is essentially a non factor for most people, we are at 2.1%. Depends how much gas you buy but the carbon free minnesota power law has hurt me more than anything else.
Short term it might hurt a little. Long term, itās far better for everyone. More states should implement this program
The little secret is that wind and solar are more expensive and unreliable all things considered. But sure everyone should do it sarc. I heard unicorn farms are a good investment too.
Bull. You need to do some actual research.
Cover your ears.
The Honest Math Behind Solar and Your Electric Bill | Lunex Power
The initial cost of installing solar is going to drive the cost up in the SHORT TERM. Long term itāll LOWER the rates significantly. Large corporations like Amazon and Walmart and GM and Ford wouldnāt be investing in renewables at many of their facilities - unless you think their all idiots.
We bought solar 2 years ago. Our electric bill has DROPPED OVER 90%. The initial upfront cost is high, but if electric rates stay where they are (which they wonāt) the payback is 7 years. Thatās including the offset of not taking that money and investing it instead.
States like Conservative Texas has invested heavily in Solar. Over 25% of their power comes from Solar.
And Las Vegas too. There are about 40 solar farms near Las Vegas, the largest produces 690 MW.
Fly into Indianapolis Airport and look down. Itās one of the largest solar farms in the world and generates over 1/3rd of the Airports electricity. They expect to be 50% by 2030.
How did that affect the electric rates of other customers of your electric company?
So far nothing.
By far the biggest factor around the country affecting electric rates are data centers. Nothing else is even close.
I have a typical suburban house with a gas furnace, 30 years old, 2500 sq ft, family of 4. If a solar installation costs $15,000, it would have to supply ALL of the electricity I use and sell back that much again at the same rate to have the payback be 7 years. Are you able to sell back to the grid the same amount you use, at the same price?
I see the payback being much longer than 7 years, and many people wonāt be in the same house that long. 2 years until my youngest is out of high school then we will downsize, then probably somewhere else after retirement.