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The Rent is Too Damn High
October 27, 2009 7:31 AM   Subscribe

The Rent is Too Damn High. (warning, audio)
posted by tumbleweedjack (30 comments total) 5 users marked this as a favorite

 
Wait, wasn't Geocities just shut down yesterday?
posted by chillmost at 7:36 AM on October 27, 2009 [8 favorites]


FREE SPEECH in AMERICA is
"BULL SHIT",
EVIL EDUCATORS
block and suppress
www.rentistoodamnhigh.org.
You are educated evil,
and might have to kill
the evil ONE teaching
educators before you
can learn that 4 corner
days actually exist -but
all Rent Truth denied.
Dumb ass educators fear
my moustache and hide from debate.
posted by Inspector.Gadget at 7:40 AM on October 27, 2009 [1 favorite]


That's actually a pretty catchy song.
posted by banannafish at 7:47 AM on October 27, 2009


wait wait wait

this is actually a pretty good campaign website, and if that song gets on the local community radio and people's my space these guys will get more money and votes than a lot of people i know.
posted by By The Grace of God at 7:48 AM on October 27, 2009


This doesn't seem all that batshit to me. Poorly designed, yes. Batshit, no.
posted by Captain Cardanthian! at 7:48 AM on October 27, 2009


For those of you who don't live in New York,

This fella rolls around the city in a Chrysler PT Cruiser with two speakers in the back seats and a microphone in his hand, and soliloquizes about rent being too damn high. All the while, that hot tune that autoplays on the website plays on a loop in the background. And when I say he "cruises around the city" I've seen him all over the place. At least three boroughs. When you're on the street, he can be a fun diversion. But when you're stuck in traffic just a few feet from him, it can get really unpleasant.
posted by orville sash at 7:52 AM on October 27, 2009 [1 favorite]


You have to explore a little.

batshitinsane

Catchy jam, tho'. And rent is too DAMN high!
posted by Mike Mongo at 7:55 AM on October 27, 2009 [1 favorite]


NYC Video Voter Guide
posted by bastionofsanity at 8:12 AM on October 27, 2009


This is what I was looking for...
Candidate Profile Page
posted by bastionofsanity at 8:14 AM on October 27, 2009


No entry from the Judean People's Front, however.
posted by bastionofsanity at 8:15 AM on October 27, 2009


Candidate Profile Page

That site is a Rolodex of stupid.
posted by Inspector.Gadget at 8:21 AM on October 27, 2009 [1 favorite]


The voter guide is always awesome. We like to read it at brunch. I know the Libertarian candidate for mayor. Heh.
posted by kathrineg at 8:34 AM on October 27, 2009


To help out the project, I'd also add the phrase "Building and condo prices (in Manhattan) are too damn high (forcing rents to be too damn high)."

Are you listening, banks? Then, why do you hand out loans to buyers who can't generate a positive cash flow, even with rents as excessive as they are?

Let's dump the idea that Manhattan properties should be priced at a premium, because, well, "they're on Manhattan." I call bogus. Cheaper prices will make the city more affordable for renters, and for the artists and musicians who once made the city vibrant but have fled.
posted by Gordion Knott at 8:39 AM on October 27, 2009 [1 favorite]


The jingle is catchy, but I'm still voting for Reverend Billy next Tuesday.
posted by jrb223 at 8:46 AM on October 27, 2009


This doesn't seem all that batshit to me.

To make rent maximum be $550/$750 flat across NYC? That sounds sane to you? I can't even imagine the post-apocalyptic city that this would spawn.

Re: NYC Mayor Voter Guide.

I particularly like the young woman who suggests we tax the $100 millionaires an extra 5% and when they flee out of the city to Connecticut, we seize their property! Surely she's run this idea by her legal team, right?
posted by yeti at 8:47 AM on October 27, 2009 [4 favorites]


Heh. I actually voted for this guy back in '05. My partisan politics wouldn't allow me to vote for Bloomberg (though I actually like him quite a bit now) and Ferrer was an empty suit whose entire platform seemed to be "I am Latino," to the point where he began turning off a lot of the Latino community with it. After staring at the ballot for a minute, I thought to myself, "you know what? The rent is to damn high."

(Spoiler: MacMillan still didn't win.)
posted by Navelgazer at 9:05 AM on October 27, 2009 [1 favorite]


I voted for him too for pretty much the exact same reasons. I didn't know at the time that he was a crazy anti-semite.
posted by Mavri at 9:11 AM on October 27, 2009


My friends and I have been rickrolling each other with this site and song for the past week or two, and I have to admit, I've let it play in the background for way longer than I should.
posted by rmless at 9:13 AM on October 27, 2009


I didn't know at the time that he was a crazy anti-semite.

Nearly all paranoid people who don't understand finance and economics are also frothing anti-Semites.
posted by Inspector.Gadget at 9:14 AM on October 27, 2009 [2 favorites]


If I could I'd vote for him just for the catchy song alone.
posted by dabitch at 9:23 AM on October 27, 2009


"During this campaign someone choose to label me Anti-Semantic "

After reading through the grammatical wasteland that is that website, I think that is actually a pretty appropriate label.
posted by rmless at 9:33 AM on October 27, 2009 [6 favorites]


I didn't know at the time that he was a crazy anti-semite.

Yeah, that's nice and all, but he's got a pretty catchy song!
posted by Blazecock Pileon at 9:52 AM on October 27, 2009


Tyrone Green was arguing likewise back in the eighties
posted by IndigoJones at 11:04 AM on October 27, 2009


Let's dump the idea that Manhattan properties should be priced at a premium, because, well, "they're on Manhattan." I call bogus.

It's only natural that rents will migrate up to what the market will bear. More people want to live in Manhattan than there are apartments, no?

Over 100 years ago Henry George actually ran for mayor of NYC to fix this, and damn near won.
posted by mokuba at 11:10 AM on October 27, 2009


Why do the antisemities get all the good songs?

(Whistles Deutschland Uber Alles)

posted by Astro Zombie at 12:25 PM on October 27, 2009


Then, why do you hand out loans to buyers who can't generate a positive cash flow, even with rents as excessive as they are?

I'm gonna break this down for you, because you seem like a nice, earnest fellow.
  1. Hand out loans to anyone with a pulse. Don't worry about people paying back the loans, because…
    • Most of those places will just get flipped (meaning the notes will become some other bank's problem while you make bank!
    • Everyone else is doing it.
    • Your balance sheets will balloon, which will allow you to…
      • Buy other, smaller players with your inflated "value" (the "chumps" that decide to practice sane banking principles)
      • Bolster the notion that you're too big to fail!

  2. This excess capital but (nearly) static inventory inevitably causes prices to rise. But who cares? That just means that the only people who can afford the inflated prices are either:
    • Other bankers
    • Lawyers for those banks
    • Drug dealers that provide the entertainment for the above

  3. And when the piper comes calling? No problem!
    • Claim you're too big to fail
    • Have your banker friends in Washington juice the American taxpayer to prop up the fake values on your balance sheet
    • Take their cash, but instead of lending it back out to promote recovery, use it to stem the tide so you don't have to foreclose on said properties (the dreaded "mark-to-market"), but instead:
      • Issue Notice of Defaults (NOD) & Notice of Sales (NOS) that you never intend to act on
      • Have your Washington buddies pass pleb-friendly "Foreclosure Assistance" programs that allow you to stave-off the auction process for as long as possible
      • …and if all else fails, sit happily on your Real Estate Owned (REO)

  4. Meanwhile, you…
    • Reduce interest offerings on savings accounts
    • Simultaneously increase fees and finance charges
    • Sit on your pile of money and wait for the market to recover. Never mind that everything you're doing has precisely the opposite effect.
posted by Civil_Disobedient at 1:06 PM on October 27, 2009 [4 favorites]


This doesn't seem all that batshit to me.

To make rent maximum be $550/$750 flat across NYC? That sounds sane to you? I can't even imagine the post-apocalyptic city that this would spawn.


I didn't say it sounded sane, just that it didn't seem to be timecube-level insanity.
posted by Captain Cardanthian! at 1:53 PM on October 27, 2009


This guy has the same name as my dad. That is SO cool. Just emailed my dad this link.
posted by Kronoss at 6:55 PM on October 27, 2009


I particularly like the young woman who suggests we tax the $100 millionaires an extra 5% and when they flee out of the city to Connecticut, we seize their property! Surely she's run this idea by her legal team, right?

Some of these mayoral candidate statements remind me of class elections. I suppose it's not unusual for candidates to claim they'll be able to exert pressure on a university administration if they get elected freshman class president, but you'd think that mentality would be gone by the time you get to running for mayor of something.
posted by oaf at 8:11 PM on October 27, 2009


It's only natural that rents will migrate up to what the market will bear. More people want to live in Manhattan than there are apartments, no?

A lot of people pay less than what a free market would bear. Guess who makes up the difference.
posted by oaf at 8:15 PM on October 27, 2009


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