Re: Who was the worst president in you lifetime?


"da pickle" <jcpickels@(nospam)hotmail.com> wrote in message
news:qs2dnePKSNA3uqzaRVn_vwA@xxxxxxxxxxxxxxx
"Beldin the Sorcerer"

If you have two equally qualified tennants and one wants to pay you
ten dollars a month more rent, do you not take the money because you
already have your property taxes covered?

I don't take bids. I look for the best tenant. Actually, my rents are
lower than avg. Then I get to pick better tenants.

So, property taxes are not part of your consideration at all.

Christ, man, you're a total retard.
Of course they are.
They help set the minimum.


What minimum is that, Beldin?

The minimum he has to charge.

He just said he did not consider the average
rent in his area and he thought "better tenants" were more important than
additional profit.

No, he didn't.
What he DID say was that his rents were lower than average.

You are really argumentative this evening, Beldin.

No, you're just running very stupid.

Even
when it does not matter.

Of course it matters.
Saying renters don't pay property taxes indirectly is idiotic.


This is like you saying the cost of materials aren't any consideration in
the selling price of a car.
Seriously.


The price of a car is set by the market, Beldin, not the cost of the
materials

You're a complete fucking moron this evening.

The break even price is set by the cost of materials and labor.

.. If buyers will not buy the car at the cost of the materials,
they will not buy the car.

No, then they won't MAKE the car.

Again, you are confusing costs with price.

No, you're confusing commerce with idiot-theory.
See, in real COMMERCE, you don't make things to sell at a loss.
Your price is a function first and foremost, on the cost of manufacturing,
or in the case of rental units, the cost of upkeep and other expenses.

The
price determines whether the supplier will continue to supply the thing at
that price.

You're half right.
The reasonably expected price determines if they GO into business.
Rental units prevailing rent determines if they STAY in business or convert
to condos or abandon the property.

If the price is not high enough, the supplier will not continue
to supply the thing ... people don't want it at a higher price, so it does
not get continued ... (if you ask you wife, she will tell you about
"sales" where things are sold for below cost ... it happens all the time
... I am positive she knows all about it).

She doesn't know "all about it". Advertising promotions for a week are
advertising expense... that's amortized over the selling period, usually
with new items, occasionally with items about to be improved.

That isn't, of course, a RENTAL UNIT.





If all the other landlords in the area are paying higher property
taxes, rents generally will go up. So will the cost of owning your
own home.


Maybe yes, maybe not. Property taxes do not raise rates, increased
demand and decreased supply or a combination of both raise rates.

Wrong, idiot boy.


Right, smart guy.

You're simply wrong.
Property tax increases generally increase rents.


Increased EXPENSES raise rates, across the board.


No, sorry Beldin, supply and demand cause rates to rise and fall.

No, sorry, shithead, expenses increase costs across the board.
I realize you failed Econ 101, and substituted blind McCarthyism, but supply
and demand isn't the be-all and end-all. Gas prices are going up right now
because crude oil is going up.
That's an expense issue, and it's across the board. Gasoline is a relatively
inelastic demand item. The same for home heating oil, which is also
inelastic.
The same is generally true for rental units, except in cases of big
recession or massive population change.



If demand drops, people go out of business, or they reduce their profit
margins until someone ELSE goes out of business.... with the intent of
ramping it up when that happens.


Business lowers the price and that results in a reduced profit margin,
Beldin ... keep the horse in front ... you really have a lot of concepts
confused in the above comment ... competition involves more than price.
You are trying, but it is just not working out.

No, Pickel, you show a total lack of understanding as to how economics and
business works.
Rule one : Expenses determine the minimum selling price.
You don't go into business with the intent to lose money.
"Whatever the traffic will bear" may determine the maximum selling price.




When I was your age, that is exactly what happened.

You must be very old.

I am older than you. You apparently did not learn much about property
taxes when you were young and you never thought about it much since.

Profound.

Obvious.

Obvious you truly failed every business course you took.

I did very well actually ... it is obvious that you do not understand
basic economics. You seem to be much better read in physics.

Wrong AGAIN, idiotboy.
You simply fail to grasp even basic business sense.
You don't sell a product, or rent a unit, below costs, long term.
If you're doing it short term, you're going out of business.

If you're RUNNING a business, you're passing the expenses on.
For you to bull*** otherwise is simply idiocy pretending that renters don't
pay taxes.
This is a common bull*** technique by people who don't like admitting that
people who rent have as much right to vote on property taxes as those who
own.






.

Loading