Good Vibrations
By Mitch Berg
A friend of the blog emails:
I’m beginning to think that the developers and those councilmembers who get donations from developers supported rent control in order to make the case to eventually exempt developers from rent control, thus allowing them to purchase more property as they pushed out small landlords.
Scratch that- I knew it all along. It was pretty obvious that was the goal. What I don’t understand is all the complaints about the developers pulling out of projects right now, until they get their exemption. People ought to proudly tell us that they voted for this since they were pretty proud of themselves when they were campaigning for rent control, you know, because it helps those poor POC or some such other thing that we don’t quite understand, but gosh darn feels good.
Mid stage single party “progressive“ government is when its stakeholders still haven’t figured out their sense of “charity” is being manipulated.
End stage single party “progressive“ government is when the government doesn’t have to go through the pretense of caring what its stakeholders, to say nothing of voters, think..
January 7th, 2022 at 4:58 pm
Our mayor recently penned an op-ed relating his anger that a developer was denied a tax break,Bin the middle of a building boom in the hottest market in the country, and it cost the developer time and money. The mayor was upset.
The response? 150 people showed up to the council meeting to:
A: Ask the mayor what he was getting out of the deal.
B: Encourage him to step down.
When money is flowing, lots of people put their boats in.
January 7th, 2022 at 5:44 pm
The fact that they think strict rent control on new market rate apartments will not only not stop new developments, but will actually ‘foster new housing investments’ truly shows how illiterate to reality and basic economics these people are.
Or are they saying that they will be the first people in history to make rent control work?
January 7th, 2022 at 7:08 pm
Say rat?
Your illegal search and seizures in your sons undapants…lets discuss
January 8th, 2022 at 7:42 am
For the second time in the past decade, a majority of Minneapolis and St. Paul homeowners will see property tax increases of about 10% or more next year. ~ Star Tribune 12/18/21
Don’t talk to me about what’s inequitable.
January 8th, 2022 at 8:15 am
This is the beginning of a death spiral, city taxes increase while city services decline. This was what happened in Detroit.
Detroit is warmer than Minneapolis.
January 8th, 2022 at 6:52 pm
“Don’t talk to me about what’s inequitable.”
Is that what you tell your son when you pull his pants down, rat?
January 8th, 2022 at 9:16 pm
I’m reminded of a time when I was having a party at home, and one guest opined that city council members were either developers or crooks or crazy. I was afraid my brother, who was on Mountain View’s city council at the time, would be offended, but he simply agreed, smiled, and said he was in the crazy category. They had a great time.
And it looks like this is more and more evidence that my guest (and my brother) were right.