Elections DNC today in Chicago

More or less. Owning homes for investment isn't good but I would put it as a much less significant issue than zoning and other restrictions. Having said that, taxes should heavily disincemtivize owning multiple homes, both indivially and corporately.

Sucks to hear, sounds like your market is a decade or two behind mine in shittiness.
Arizona (phx area) is one of the worst outside of the obvious places (Hi, CA, NY)
 
Georgia fell apart, same for the classified documents obtained illegally.The 34 felonies will be overturn upon appeal. Sounds like election interference to me. This administration has be so dishonest and damaging to America. Trump ain’t the problem hoss.
Sounds like you don’t know what election interference means. These investigations were all ongoing before Trump announced he was running again.
This may be news to you, but people who commit felonies are not magically shielded from justice because they decide to run for office.

—Georgia has not fallen apart. We are simply waiting on an appeals court decision.

—We’ll see about Florida once the 11th Circuit hears the appeal of Cannon’s moronic decision to dismiss.

But I doubt you’re being sincere anyway, only trolling. Or if you are serious, you’re submerged way too deep in Trump Kool Aid for anything I’m saying to get through to you.
 
It was something else but I can't remember what it was and that other poster is not going to offer anything up so I think it's a lost cause.

As to sources, I don't buy that b******* about breaking points at all because I've never seen a single source not lie or obfuscate or carry an agenda. I prefer the sources who tell you what their agenda is rather than pretend not to have one.
Breaking Points is very anti-establishment and they sometimes stretch the truth a bit in service of that agenda. Here's two videos of former military officers addressing their coverage of Gaza and Ukraine respectively. Preston Stewart is more respectful while Ryan MacBeth might be a bit cheeky and abrasive for some but I think both produce good content.

 
Arizona (phx area) is one of the worst outside of the obvious places (Hi, CA, NY)
Ya I'm in California unfortunately haha. At least TSMC is still staffing up and pushing more jobs and higher income workers toward suburbs of phoenix. Hopefully the area can manage that transition and growth.
 
More or less. Owning homes for investment isn't good but I would put it as a much less significant issue than zoning and other restrictions. Having said that, taxes should heavily disincemtivize owning multiple homes, both indivially and corporately.

Sucks to hear, sounds like your market is a decade or two behind mine in shittiness.
I seem to be in the minority on this but I think the impact of investment properties is wildly overstated when compared to the influence of zoning laws. Theoretically if we have abundant supply then the owning of investment properties isn't really a big deal whether its corporate owners or mom and pop landlords because prices will go down either way. If corporate landlords are supposedly charging exorbitant prices then their corporate competitors or even mom and pop landlords can fill in the market niche for affordable housing. That can only happen if we wipe away excessive zoning laws at the local level though.
 
I seem to be in the minority on this but I think the impact of investment properties is wildly overstated when compared to the influence of zoning laws.
I agree in that, yeah it's probably not in the top 3 causes.
Theoretically if we have abundant supply then the owning of investment properties isn't really a big deal whether its corporate owners or mom and pop landlords because prices will go down either way.
Agree, but we don't, so the way I see it every little bit helps right now. Even if it's not he primary cause (I wouldn't for example, sink a bill that increases supply but can't get this concession).
If corporate landlords are supposedly charging exorbitant prices then their corporate competitors or even mom and pop landlords can fill in the market niche for affordable housing. That can only happen if we wipe away excessive zoning laws at the local level though.
Technically yes, but we're still decades away from being at that point where we can talk about sufficient supply and price adjustments where mom and pop renters can compete with air bnbs or the local monopolies and collusion you often see in rental markets.
 
I agree in that, yeah it's probably not in the top 3 causes.

Agree, but we don't, so the way I see it every little bit helps right now. Even if it's not he primary cause (I wouldn't for example, sink a bill that increases supply but can't get this concession).
What I worry is that overregulating ownership of investment units might reduce investment in real estate which is not what we want right now, we want more investment in real estate and especially in the form of new units rather than flipping existing units by renovating the kitchen or bathroom.
Technically yes, but we're still decades away from being at that point where we can talk about sufficient supply and price adjustments where mom and pop renters can compete with air bnbs or the local monopolies and collusion you often see in rental markets.
Mom and pop real estate investors are the largest class of investors with large corporate investors representing a small minority, less than 5% IIRC. So as of now they're quite competitive though its likely because they occupy different niches in the housing market.
 
What I worry is that overregulating ownership of investment units might reduce investment in real estate which is not what we want right now, we want more investment in real estate and especially in the form of new units rather than flipping existing units by renovating the kitchen or bathroom.
That's fair. I think it's best to split it up to just individual owners (vacation homes, lake cabins, etc.) I think the tax code should be harsher on those situations when it's not being utilized effectively year around, whether it's renting or living in it.

On the commercial side, I agree on the need for more investment but it needs to be coupled with much stricter regulation (bans on price colluding software, etc).ff
Mom and pop real estate investors are the largest class of investors with large corporate investors representing a small minority, less than 5% IIRC. So as of now they're quite competitive though its likely because they occupy different niches in the housing market.
Agreed on it not being a big issue currently, but better to nip it in the bud then wake up 30 years later and that 5% stake is 30% in key markets or what have you.
 

3 journalists arrested covering DNC protests, prompting press freedom concerns​


August 23, 2024 3:12 PM
At least three journalists were arrested in Chicago this week while covering protests during the Democratic National Convention.

On Tuesday night, a small group of pro-Palestinian protesters gathered outside the Israeli Consulate in Chicago. The demonstration intensified, with protesters and police clashing and protesters charging the police line.

More than 70 people were arrested, according to the Chicago chapter of the National Lawyers Guild. At least three journalists were among those arrested.

Sinna Nasseri, a freelance photographer who was arrested that night, said the situation was chaotic.

"There was just pandemonium," Nasseri told VOA. "There was really nowhere to go. Everyone was really tight together, and I was just photographing and was grabbed and handcuffed."

The other two journalists arrested that night were independent photojournalists Olga Fedorova and Josh Pacheco. All three journalists were held by police for about nine hours and charged with disorderly conduct.

Fedorova and Pacheco did not reply to VOA's requests for comment.

Press advocates condemn arrests

01000000-0aff-0242-924f-08dcc3a551a0_w1023_r1_s.jpg

Photojournalist Olga Fedorova is detained by police in the midst of pro-Palestinian protesters trying to march after demonstrating outside the Israeli consulate, on the sidelines of the Democratic National Convention in Chicago, Illinois, Aug. 20, 2024.


Several press freedom groups condemned the journalists' arrests.

Several press freedom groups condemned the journalists' arrests.

"It's really important that law enforcement distinguishes between journalists and protesters and does not charge journalists for engaging in newsgathering activities," Katherine Jacobsen, the U.S. and Canada program coordinator at the Committee to Protect Journalists, told VOA. Jacobsen added that she hopes police drop the charges against the three journalists.

Reporters Without Borders (RSF) condemned the incident.

"At best, this shows a lack of professional diligence on the part of the police. At worst, it's a gross disregard for the First Amendment," Clayton Weimers, executive director of RSF's Washington bureau, said in a statement.

Chicago Police Superintendent Larry Snelling said three journalists were arrested for not complying with officers' orders when police began moving in to arrest protesters who had attacked police, CBS News reported.

But Nasseri, who was on assignment for the German outlet Zeit, told VOA that it was impossible to hear what police were saying.

"I showed them my press identification, and they didn't care," he said. "It was sort of a baffling situation."

Pacheco also told the U.S. Press Freedom Tracker that orders from police were unclear.

"The police are saying they ordered a dispersal three times and warned of a mass arrest, which did not happen, and even if it did, there was no way to hear it," Pacheco said. "They weren't using megaphones. There were just random police officers screaming different orders."

Some of Pacheco and Fedorova's equipment was also damaged in the incident, according to the Tracker.

'Simply doing their jobs'

Fedorova's lawyer, Steven Baron, told the Tracker that Fedorova and the other journalists were "simply doing their jobs as reporters."

"We are disappointed that the City of Chicago chose to sweep the First Amendment under the rug with its heavy-handed tactics against working journalists," Baron said.

The Chicago arrests are part of a broader pattern in the United States. Across the country, police have arrested reporters at protests more than 30 times in 2024 alone, according to the Tracker.

"The Chicago police officers who arrested and charged the journalists covering Tuesday's protest either didn't have clear directives — or didn't follow them — when it comes to codified protections of the press in the First Amendment and their right to cover the news," Kirstin McCudden, vice president of editorial for Freedom of the Press Foundation, which runs the Tracker, told VOA.

Nasseri, who works for outlets including The New Yorker, The New York Times and Vogue, said he has a court date scheduled in late September.

"I think it'll be interesting to fight this," he said. "I'm very happy to fight this on behalf of my colleagues and myself and the First Amendment."

https://www.voanews.com/a/journalis...rompting-press-freedom-concerns-/7754527.html

- Furter proof Trump is a ditactor. jailing jornalists at his own rallys!
Ooops!
 
I wonder why no Palestinian Americans were allowed on stage?

Any ideas @Samjj ? I am trying to start a convo with you here.
What do you mean "allowed"? Its the DNC, you have to be invited and vetted to speak and its likely that they could not find one who would endorse the party's nominee in no uncertain terms. IIRC Rashida Tlaib has still not endorsed Kamala and she would've been the obvious choice.
That's fair. I think it's best to split it up to just individual owners (vacation homes, lake cabins, etc.) I think the tax code should be harsher on those situations when it's not being utilized effectively year around, whether it's renting or living in it.

On the commercial side, I agree on the need for more investment but it needs to be coupled with much stricter regulation (bans on price colluding software, etc).ff
Idk that I'm convinced that its much of a problem at all really, if anything I think we should encourage people to own investment units because that incentivizes them to add more units to the market. They can only do that when local zoning laws get out of their way though. Just imagine if 1/3 Americans who owned a single family home added an ADU through either a garage conversion or with a separate unit and rented that out, it would add tons of housing supply to the market.
Agreed on it not being a big issue currently, but better to nip it in the bud then wake up 30 years later and that 5% stake is 30% in key markets or what have you.
I think it gets talked about because people want to blame a corporate boogeyman instead of looking in the mirror and realizing that most NIMBYism comes from middle class homeowners.

Theoretically if in 30 years 30% of units are owned by corporate landlords but we no longer had a supply problem then you might still see steep drops in the cost of housing and idk that this would be a bad state of affairs. I know a working class family who have only ever rented but overtime as their kids have grown and started working they've been able to pool more money to be able to rent out nicer, larger places. Corporate landlords can be good for such folks who don't have the ability to put down a down payment or don't want the liability of maintaining a home.
 
Just imagine if 1/3 Americans who owned a single family home added an ADU through either a garage conversion or with a separate unit and rented that out, it would add tons of housing supply to the market.
I think these should not be punished. I'm thinking more towns where the winter/summer population is several times more during peak season vs offseason (obvious exemptions of college dorms). I think if not a market failure, that's a policy failure by government and inefficient allocation of very precious housing stock.
I think it gets talked about because people want to blame a corporate boogeyman instead of looking in the mirror and realizing that most NIMBYism comes from middle class homeowners.
Certainly, just like many ailments, the middle class (or people masquerading as it) are frequently to blame. There's no getting around the fact that homeowners benefit from short supply and solving this problem will negatively impact some of these existing homeowners.
Theoretically if in 30 years 30% of units are owned by corporate landlords but we no longer had a supply problem then you might still see steep drops in the cost of housing and idk that this would be a bad state of affairs. I know a working class family who have only ever rented but overtime as their kids have grown and started working they've been able to pool more money to be able to rent out nicer, larger places. Corporate landlords can be good for such folks who don't have the ability to put down a down payment or don't want the liability of maintaining a home.
They can, and there is a real need for a rental market. It's not realistic to expect every single family to own a home. My issue with corporate owners is the benefits of scale cut both ways and local monopolies are very bad and hard to regulate. For example, it doesn't matter if a corporation has only .5% of the state's housing stock if it has 50% of a specific city's housing stock. As a crude analogy, I wouldn't be ok with company towns and stores either even if they are a minority of housing stock. The approach of focusing on supply and macro views can't be at the total expense of ignoring the specific problems that will arise, even if they are "rare."
 
Sounds like you don’t know what election interference means. These investigations were all ongoing before Trump announced he was running again.
This may be news to you, but people who commit felonies are not magically shielded from justice because they decide to run for office.

—Georgia has not fallen apart. We are simply waiting on an appeals court decision.

—We’ll see about Florida once the 11th Circuit hears the appeal of Cannon’s moronic decision to dismiss.

But I doubt you’re being sincere anyway, only trolling. Or if you are serious, you’re submerged way too deep in Trump Kool Aid for anything I’m saying to get through to you.
I’m not trolling, you think Georgia is going anywhere?
 
I’m not trolling, you think Georgia is going anywhere?

Depends on whether Trump gets elected or not, the SCOTUS already invented a rule that claims sitting president orders are immune from criminal prosecution.

I don't think they will continue to bend the law to help Trump unless he losses.
 
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