Fed. Reserve raises rates to 22-year high

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By Warcok
26 Jul 2023 2:02 pm in No Holds Barred Political Forum
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Vegas
28 Jul 2023 1:17 pm
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Skans » 28 Jul 2023, 1:14 pm » wrote:
As for immigrants - the fact that they put 3 families into a **** house is good for you; bad for the landlord.  Imagine for a moment that instead of Mexicans, the US had an influx of rich Swiss immigrants flooding across our border.  In the 1990's a 1500sf single-family home in Switzerland cost over $1,000,000 US.  If you think Californian migration is bad, NO ONE would be able to afford houses if the Swiss migrated to America en mass.

I can't figure out why a landlord would even allow them in to rent. They are a huge liability. Not to mention they drive the value of the neighborhoods down. 
Vegas
28 Jul 2023 1:19 pm
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Z09 » 28 Jul 2023, 1:18 pm » wrote: There's a new law in some areas...
....You can't even ask for a credit report...!

**** that ****. The landlords need to find loopholes then. They should have a right to protect their own property like everyone else. 
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Skans
28 Jul 2023 1:21 pm
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Vegas » 28 Jul 2023, 1:17 pm » wrote: I can't figure out why a landlord would even allow them in to rent. They are a huge liability. Not to mention they drive the value of the neighborhoods down.
Well, its usually without the landlord's permission.  They are smart enough to have an established person with a good job make the application.  Once they are in, then all bets are off.  They might sublet it to several families, claim they are "visiting", etc.  But, the two things they will make sure and do is 1) pay the rent on time and 2) keep the exterior of the house looking good enough.  You go and try to evict someone like that.
 
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ConsRule
28 Jul 2023 1:23 pm
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BuckNaked » 28 Jul 2023, 12:44 pm » wrote: unemployment is too low?   Wtf 😳
Skans is correct.  We are having a hell of a time hiring people.  We produce and sell Quicklime and related products.  It is fairly dirty, a bit dangerous, physical and (for most employees) in the elements.  Since we are a 24-7 operation, all production employees work shifts of 12 hour days (2 on, 2 off, 3 on, 2 off) and after each 9 day cycle they move from days to nights.  We start people off at an hourly rate higher than any large employer in the area.  In the last 4 months, we have "hired" 5 that worked less than a week and stop showing up.  In just July, we had 12 people scheduled for interview who did not show up, and three more heard the work schedule and (literally) got up and walked out.

Apparently few young(er) people want to work.

 
Vegas
28 Jul 2023 1:24 pm
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Skans » 28 Jul 2023, 1:21 pm » wrote: Well, its usually without the landlord's permission.  They are smart enough to have an established person with a good job make the application.  Once they are in, then all bets are off.  They might sublet it to several families, claim they are "visiting", etc.  But, the two things they will make sure and do is 1) pay the rent on time and 2) keep the exterior of the house looking good enough.  You go and try to evict someone like that.

From what I have seen here, the exterior looks like ****. They don't have a housing association, so their are weeds, debri, and all sorts of junk in the front yard. They are dirty. 
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Bruce
28 Jul 2023 1:33 pm
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Child Groomer, Sexual Predator
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ConsRule » 28 Jul 2023, 1:23 pm » wrote: Skans is correct.  We are having a hell of a time hiring people.  We produce and sell Quicklime and related products.  It is fairly dirty, a bit dangerous, physical and (for most employees) in the elements.  Since we are a 24-7 operation, all production employees work shifts of 12 hour days (2 on, 2 off, 3 on, 2 off) and after each 9 day cycle they move from days to nights.  We start people off at an hourly rate higher than any large employer in the area.  In the last 4 months, we have "hired" 5 that worked less than a week and stop showing up.  In just July, we had 12 people scheduled for interview who did not show up, and three more heard the work schedule and (literally) got up and walked out.

Apparently few young(er) people want to work.
This is what full employment looks like, and it’s a good problem to have.

The bad problem would be the  mill is laying off workers, sales are low, and every newspaper is full of nothing but gloom and doom.

The solution is to automate as many dirty jobs as possible.

Then, maybe, just asking, they might put up a gate in Trump’s wall for more guest workers? Not too many, but the ones who wanted to work?
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ConsRule
28 Jul 2023 1:49 pm
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Bruce » 28 Jul 2023, 1:33 pm » wrote: This is what full employment looks like, and it’s a good problem to have.

The bad problem would be the  mill is laying off workers, sales are low, and every newspaper is full of nothing but gloom and doom.

The solution is to automate as many dirty jobs as possible.

Then, maybe, just asking, they might put up a gate in Trump’s wall for more guest workers? Not too many, but the ones who wanted to work?
Not for us, let other manufacturing facilities in the area lay off.  Our product(s) make us virtually recession proof.  It is used in construction...commercial, residential and road...water purification, waste water processing, medical packaging, roofing, oil and natural gas drilling and steel production.  Unless we are in a depression, not all those are down at the same time.  In fact, we average about 95% production capacity and have trouble keeping up.  The "tree huggers" make it virtually impossible to expand or automate more.

Guest worke...err, illegal aliens...don't work for us.  Our drug screening and criminal background checks are very extensive and they tend to do poorly in those.
 
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Skans
28 Jul 2023 1:55 pm
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Vegas » 28 Jul 2023, 1:24 pm » wrote: From what I have seen here, the exterior looks like ****. They don't have a housing association, so their are weeds, debri, and all sorts of junk in the front yard. They are dirty.
Now, that's just being stupid!
 
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Skans
28 Jul 2023 2:01 pm
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Vegas » 28 Jul 2023, 1:17 pm » wrote: I can't figure out why a landlord would even allow them in to rent. They are a huge liability. Not to mention they drive the value of the neighborhoods down.
Here's the deal.  I got burned renting a commercial space to a mexican guy.  Fortunately, I don't let any grass grow under my feet and got him the F- out.  Didn't cost me too much.  But, I also rented a commercial space to an organization run by blacks.  They not only paid my rent on time every month, but they improved my space to the tune of $500,000 on their own dime. Some of the best tenants I ever had.

Now, I've never been involved in residential rentals.  Not my thing.  I have no problem getting "tough" with a guy in business who doesn't think he needs to pay rent.  But, kicking a family out in the streets and dealing with that level of desperation, no thanks.
 
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