More rent control BS


#83

If I could pick my lifestyle before I was born I would choose nothing more than playing with my parents’ allowances… :rofl:


#84

My allowance comes from Papa Manch.


#85

That new purchase helped by Peter Pan


#86

That should be an all cash purchase to park money. Buyers don’t need to collect any rent money to be happy.


#87

Flips can work in South Bay. But buy and rent is hard to work


#88

It’s hard if you are cash strapped and need to borrow tons of money. If you already have tons of money then easy breezy.


#89

Even if buying with cash, I would prefer the duplex in Antioch with 9% yield over WSJ house at 3% yield.

Plus, I would prefer sp500 over cash RE purchase. Without leverage, RE is not attractive at all.


#91

One of these is not like the other… But if you can’t tell the difference, that’s a really big problem.


#92

Yea, of course Bitcoin is the better investment here, that’s the difference :rofl::joy:


#93

*altcoin.,


#94

Yep, Bitcoin will only take you to the moon. Altcoins will take you to Mars :smiley:


#95

City of Santa Cruz votes on rent control today, AFAIK
2% and just cause.

Wish me luck!


#96

I hope the commies stay there and don’t come to South Lake Tahoe.


#97

Ok, I will pray for ya…


#98

Unfortunately, if you keep “selling it” they will come too…


#99

I already thought Santa Cruz had Berkeley rent controls


#100

South Lake Tahoe doesn’t need my cheerleading. Besides I have only convinced one of you guys to come take a look. But I think Statewide rent control is possible.


#101

From this story in December, maybe Santa Cruz doesn’t have it yet…


#102

Definitely no rent control anywhere in the COUNTY. Today, the CITY is voting.


#103

What are you anticipating? A close vote or are there actually some board members who get it that this is not the answer?