Rent is too high - renters should join this party

Renters are 24-hour party people.

i might have to write him in

If your rent is too high, either move to a more affordable apartment or start making more money.

Or sign the petition.

if this guy had the money to advertise on tv he would probably win...

"Or sign the petition."

Why?

So that we can have government intervention to artificially lower rents?

We see how beautifully that's working in rent controlled/stabilized units in this city.

"If your rent is too high, either move to a more affordable apartment or start making more money"

or I can vote for this guy and take it from you Matt.

http://www.nbcnewyork.com/news/local-beat/Rent-Is-Too-Damn-High-Candidate-Doesnt-Pay-Rent-105346278.html

RENT IS TOO HIGH

My respect for him grows.

obama should make this guy his chief economic advisor. He fits right in with the leader of the regime's marxism.

To lower the rent, we need more housing units. This is basic supply and demand.

I looked at the party's ridiculously amateurish website, and there is nothing there about addressing the basic problem of getting more housing units built. Just some stuff about rent control.

http://vimeo.com/16215666

> http://www.nbcnewyork.com/news/local-beat/Rent-Is-Too-Damn-High-Candidate-Doesnt-Pay-Rent-105346278.html

LOL... once again, turns our renting wins...

seriously, how can you vote for anyone else? 75% of city are renters

Jerk as he is, Jim is right. Hard for the renters to see value except at the higher end or because of special circumstances like relocation or a new neighborhood. Most of the ire should be towards landlords who use the brokers to find them tenants but don't pay the brokers and make the renters pay. Then the open nature of listings encourages a wild west and the lowest common denominator.

None of the major party candidates on the ballot for any statewide or federal office are appealing to me so I was planning on staying home. However, rent is too damn high party has earned my protest vote and I hear there is another term limits initiative on the ballot (not that the last one made any difference), so I can vote for that too.

The Rent is Too Damn High Guy is also an anti Semite.

http://technolog.msnbc.msn.com/_news/2010/10/20/5321935-rents-too-high-guy-not-so-funny

Sign the petition!

"The Rent is Too Damn High Guy is also an anti Semite." Is alanhart his campaign manger?

I'm voting for rent is too damn high...

ouch, another great candidate taken down, I was so hopeful... what a bad choice of words though, if only he called landlords 'zionists' everyone would be cheering

julia
26 minutes ago
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'I'm voting for rent is too damn high..."

You're sooo predictable julia. Every dumb progressive stunt, julia is all in.

U.S. Rental Housing Crisis Projected to Grow with Households Paying More than 50 Percent of Income on Rent Topping 13 Million by 2025
http://www.enterprisecommunity.com/news-and-events/news-releases/rental-housing-crisis-to-grow
Largest rise in severely cost-burdened renters expected among seniors, Hispanics and single-person households

COLUMBIA, Md. – September 21, 2015 – The number of households spending more than 50 percent of their income on rent is expected to rise at least 11 percent from 11.8 million to 13.1 million by 2025, according to new research by Harvard University’s Joint Center for Housing Studies (JCHS) and Enterprise Community Partners Inc (Enterprise). Released today, Projecting Trends in Severely Cost-Burdened Renters: 2015-2025 paints a bleak picture of a growing renter affordability crisis, with the largest increases expected among older adults, Hispanics and single-person households. The findings suggest that even if trends in incomes and rents turn more favorable, a variety of demographic forces—including the rapid growth of minority and senior populations—will exert continued upward pressure on the number of severely cost-burdened renters.

“Our analysis shows that even in the unlikely event that income growth greatly outpaces rent gains, the number of severely cost-burdened renters will remain near current record levels,” said Christopher Herbert, managing director of Harvard’s Joint Center for Housing Studies. “Given these data, it is critical for policymakers at all levels of government to prioritize the preservation and development of affordable rental housing as there are simply not enough quality, affordable rental units to provide housing for the millions of households paying over half their income in rental costs.”

“America’s growing national rental housing crisis threatens our communities and livelihoods,” said Terri Ludwig, president and CEO of Enterprise Community Partners. “That’s why Enterprise has set a generational goal to end housing insecurity in the U.S. by creating and preserving more high-quality affordable housing with connections to jobs, good schools, transit and health care, beginning with our down payment to help provide opportunity to 1 million families by 2020.”

Under the report’s base case scenario for 2015-2025, the number of severely burdened households aged 65-74 and those aged 75 and older rise by 42.1 percent (830,000 to 1.2 million) and 38.9 percent (890,000 to 1.2million); the number of Hispanic households with severe renter burdens increases 27.3 percent (2.6 million to 3.4 million); and the number of severely burdened single-person households jumps by 12.0 percent (5.1 million to 5.7 million).

The need for affordable housing is already overwhelming the capacity of federal, state and local governments to supply assistance. At last measure, 11.2 million extremely low-income households competed for 7.3 million homes affordable to them – a 3.9 million home shortfall, and just over a quarter of eligible very low-income households received rental assistance, leaving 7.7 million unassisted very low-income renters with worst case housing needs in 2013 according to HUD. Meanwhile, the private sector is unable to supply new homes at rents low enough to reach low-income renters: The median rent of a newly constructed apartment of $1,290 was equal to about half the median renter’s monthly household income, underscoring the urgent need for policymakers to consider enhanced levels of support for rental housing particularly for lowest-income households but also across a range of income levels.

“This Harvard-Enterprise research shows how people aged 50 and over will become increasingly vulnerable to the growing rental housing crisis,” said Doris Koo, AARP board member and former president and CEO of Enterprise Community Partners. “As defined pension plans and other sources of retirement income shrink or disappear, it’s of utmost importance to increase the supply of affordable housing so that seniors have a stable, affordable place to call home.”

For more information, read the full report and view the data.

The Harvard Joint Center for Housing Studies advances understanding of housing issues and informs policy. Through its research, education and public outreach programs, the center helps leaders in government, business and the civic sectors make decisions that effectively address the needs of cities and communities. Through graduate and executive courses, as well as fellowships and internship opportunities, the Joint Center also trains and inspires the next generation of housing leaders. Visit http://www.jchs.harvard.edu and follow JCHS on Twitter @Harvard_JCHS.

1. I think that projection is unrealistic

2. when renters as a class cant afford market rent their lack
of financjal capacity will pull rents down

3. I am already seeing that in three NYC neighborhoods where I have
vacancies within the last few months, plus an anomalous event
which suggests that many tenants have reached a saturation point:
studio rents rising sharply while 1-bds stagnate and decline

4. also, there are tens of millions of potential rental units in
America, especially in the last decade's oversized homes
which can be sub-divided into smaller cheaper units as
Manhattan's mega apts were during the Depression

Interesting update, thanks.