lsmeducation

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Ask HN: Could Schizophrenia be an analog to over-layering

1 lsmeducation 2 years ago 4 comments

Comment · 3 years ago

These people partied a lot.

Comment · 3 years ago

And higher rent means the valuation of the property goes up. All the incentives are there for them to do this, we just all need to really convince ourselves they would never do such a thing.

...

Comment · 3 years ago

These companies don't care. A lot of these tenant management companies do legal grey area things and landlords pay for it (even though it's begging to be tackled). A good example is they keep tenant blacklists based on scraped court records [1]. Landlords are not supposed to be using stuff like this. I wouldn't have imagined they are price fixing too.

To remain in compliance with the law, OAG recommends landlords and property owners refrain from requesting a potential tenant’s court records and rental histories altogether and cease relationships with tenant screening bureaus who continue to provide court records. Any New Yorker who believes that they have been denied an apartment because of their rental history should submit a tenant blacklisting complaint online with OAG.

In its investigation of Clipper Equity, OAG determined the company had improperly obtained housing court records for 25 potential tenants and then denied housing to seven of those same applicants. The OAG found that Clipper thus violated the law. Clipper also violated city and state Human Rights laws by requiring potential tenants to disclose their marital status. As part of the agreement, Clipper Equity will take the necessary steps to comply with the laws it broke and has committed to ending its discriminatory screening policies.

[1] https://ag.ny.gov/press-release/2022/attorney-general-james-...

Comment · 3 years ago

And I'd even add that shelter is also one of those things we shouldn't just let the free market sort out (as it has been, and we all see how that's been going).

Comment · 3 years ago

They mostly just look at most recent sales in the area. It sounds simple, but can be bewildering. Just because everyone gobbled up mortgages at low interest rates in 2020, does not mean you can keep pricing houses at 2020 levels. But that's exactly what the housing market keeps doing because they simply care about the last max bid/sale.

Comment · 3 years ago

What about the time component? Holding a market wide price even for a month can demoralize anyone into accepting the rent if you need to move in a month. Time pressure is the multiplier here. You cannot wait out being homeless by being combative against unreasonable rent.

Comment · 3 years ago

At what point can a hostile housing market be considered a discrimination issue (on financial basis)?

Comment · 3 years ago

I'm just using a hash map to count the number of word occurrences

We're gonna need a RICO statute to go after these algos in the long run.

Comment · 3 years ago

Does this even have to be a citizenship issue? The DHS is providing evidence that could alter the judgement of many of these people's cases. Do you have to be American to request that evidence be vetted? If anything, one wrong algo and you can re-open or close buckets of cases at once.

Comment · 3 years ago

I like my first worldism. Nothing satisfies me more than a nice coffee and a smug "I cant stand Jira" in the morning. My life is hard.

Comment · 3 years ago

I hear such conflicting information. For a normal looking new development, I hear that developers are looking to offload asap to recoup the investment. Certain markets in America make it almost seem as if these investors are willing to wait years for rates to come back up.

I don't think Powell gives two fucks about the inflation or unemployment rate. Think he's very interested in cost of living and rent more than anything else. Housing prices barely have moved down at we're on the wrong side over 5%. If housing just thinks its going to wait this wait out and emerge from all of this with this inflated money house has left in tact, while the rest of get slammed by the waves, well ... well I guess I've seen dumber stuff.

Housing needs to get hit for any of this to be worthing anything.

Comment · 3 years ago

This. Stop making websites for your countrymen.