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nilsrva t1_j6gyato wrote

We should have rent control. The biggest complaint about outsiders coming in is that they raise the cost of living. Building more housing is great, but long-term residents should be able to keep their homes. When the lady next door who has been in there 17 years cant afford the rent and some DC tech bro moves in, then you repeat this pattern for the whole block you have an aspect of Richmond that is now dead and give credence to the sentiment that people from NOVA are strangling us.

I will sound old and crochety here, but I no longer know or speak to almost any of my neighbors. I have been in the same spot nigh on a decade now and used to know and communicate with most of the block. We would garden together, I would salt the steps for people in winter etc.. I only know the few hangers-on at this point. I have tried starting a conversation with the people next door and you'd think I was asking for their kidneys.

I should also add that I moved to RVA from NOVA in 2010 as an 18y.o VCU freshman; which is as stereotypical an experience as I can craft. Although it was some time before I would tell people I'm from Richmond because it takes some time to feel that way. Now I don't think anyone would say I am not a Richmonder (and go fuck yourself if you do.)

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terenn_nash t1_j6hvhfm wrote

18 year old moving anywhere is never an issue - you nailed it with the tech bros. its remote workers with DC money moving here and pricing people out because rent suddenly isnt 5k for an 8x8 box.

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[deleted] t1_j6i15ai wrote

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pocketdare t1_j6ihsug wrote

I'm assuming that you have more people in this sub in the "renting" stage of their lives than the investment / landlord stage of their lives. So naturally they'll be hostile to any argument like this because they don't anticipate what it will be like when they're actively looking for ways to grow their wealth for retirement. I'm with you 100% and many of them will be in 20 years ... but not today :)

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ddm2k t1_j6k9ipd wrote

Simply the case that in bigger cities with HCOL, adults in general tend to rent longer, because they HAVE to.

In small, (cheap) sleepy southern town about 10 years ago, where the 21 y/o cop and nurse were the “power couple”, two young adults could buy a house immediately after they got married with no down payment on a USDA loan, and seller paid closing costs.

No renting necessary.

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Diet_Coke t1_j6ill8y wrote

Maybe they shouldn't have a speculative investment in housing then

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Charlesinrichmond t1_j6j27i9 wrote

you think the fan and Museum district would be better off if there were no rentals? I can see this take, but it's unlikely to be a big hit

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cathistorylesson t1_j6igyyk wrote

Won’t somebody please think of the landlords 😢

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[deleted] t1_j6ijvqi wrote

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okcknight t1_j6izhof wrote

No way dude, shelter is a basic human right. Therefore landlords should be obligated to rent an apartment in the fan to meee for $500 :)

/s

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ddm2k t1_j6k9qqb wrote

There is no such thing as a completely free market and shouldn’t be. Quality of life actually regresses when you have a city who chews up and spits out those who aren’t in their working prime in hot sectors.

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Asterion7 t1_j6k3t2t wrote

Lol. No. Saying landlords won't make repairs is not the argument against rent control you think it is.

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[deleted] t1_j6k6sfd wrote

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Asterion7 t1_j6k735w wrote

I think there is a whole lotta room between charge maximum amount and raising rents every year and so low there is no profit.

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ddm2k t1_j6k9w05 wrote

More 3 generation households, duh ☺️

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Charlesinrichmond t1_j6ijokt wrote

better yet, think of the math or do some reading on it. Paul Krugman is a famously leftist economist who is good to read on rent control

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ddm2k t1_j6k93i8 wrote

No sympathy, you knew exactly what you were buying.

Landlords bought a property knowing it doesn’t CAP?

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Urlilpetal t1_j6iejnq wrote

This is me about to get priced out of a building I’ve lived in for two years in the name of granite countertops and silver appliances and I’m so stressed out about it.

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Asterion7 t1_j6hw9gr wrote

Moved here in 2008 and lived here longer then anywhere else. Definitely consider myself a richmonder.

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H-Resin t1_j6gzfhx wrote

100% on the nose. Unfortunately this city and most of this state is completely broken. No change will come, and private interests will suck the population dry. For a majority democrat state we have an atrocious record on actually taking care of our residents

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verinthebrown t1_j6hjmc0 wrote

I moved from Nova to RVA the same year. Neither of us are Richmonders.

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