Exorbitant rents

Jan 13, 2025
Jan 13, 2025
1

Editor,

Regarding the 18% homeless statistics, could the problem be not that there is no housing, but the exorbitant rents people cannot afford to pay?

(1) comment

Terence Y Jan 13, 2025 9:09am

Thanks for your letter, Mr. Scafani, but if the cost of buying and maintaining houses is exorbitant, why wouldn’t rents become exorbitant? Just wait until speculators begin buying up the burnt out land in Southern California. I’d recommend perhaps buying stock in some of these speculators because it’s highly likely they’re going to make multiple pretty pennies. And now, thanks to Newsom, rebuilding can ignore a few environmental laws. Guess those environmental laws were only there to impede progress?

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