this post was submitted on 10 Jan 2025
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A Boring Dystopia
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That's $15,000 a month, $180,000 a year before the price increase. Maybe try hunting for normal people rentals and others would have an ounce of care or sympathy for you.
I'd also wager that most of these people have properties themselves that they use to gouge money from others for "passive income". Well, they can passively suck it.
Yes, they suck.
But what they're gonna end up doing is renting a class down from what they were going to do, so they'll end up getting a house that would have been 60 grand a year, but is now 90 grand.
And the people who were going to do that are going to be renting a place that would have been cjlheape4, and so on.
In the end, the price-gouge4s on the high end raise rents for the rest of us. We've seen the same thing all over the country with the lack of available-for-purchase single-family homes as more and more places are build-to-rent only. That's kept renting apartments instead of buying houses, and apartment rents have skyrocketed.
There's a 1br apartment I rented about 10 years ago for $510/month. I just looked it up and it's now $1900 a month.
They're talking about a rental house, and in LA of all places
Everyone is in the same rental hellscape - you can sympathize with people being exploited even if they're in a different tax bracket than you. Have some class consciousness, jesus
Class consciousness? Last I checked, a 3-4 bedroom rental house in the LA area has plenty of options in the $4k to $8k range.
Here's a few examples for you.
Zillow doesn't even have a "price minimum" filter option greater than $10k a month.
The article specifically states some rental properties were increased, and the only example they gave was a property in a range that literally 99% of the population can't afford. Is the 1% now suddenly in the same class that I need to be conscious about?
Class is about labor relations, not income.
At best those people are petty bourgeois, but they are still renting in this case, so still being exploited by a capitalist. By any marxist interpretation they'd still be working-class.
I don't disagree with you at all.
My comment assumed that they're making enough to own passive income properties that they rent to people who don't own properties, which is not uncommon amongst those making enough to afford that kind of rent.
Renting doesn't make you part of the proletariat if you own private property that gives you money without working.
However, it's definitely presumptuous of me to make such assumptions about who they are and what they own, as much as it is of you to assume that they are part of the labor force and aren't just wealthy investment bankers, so I won't belabor the point.
Maybe, but there is clearly someone in this situation that is exploiting their position as a capital owner, and it isn't the renters.
Neither will I belabor the point about presuming high earners to be a part of the bourgeoisie.