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Re:Apartment Rents Fall as Crush of New Supply Hits Market by jlhawn on Tuesday February 28, 2023 @09:24PM (#34977983)
The latest episode of the Odd Lots Podcast (Feb. 27, 2023) titled "Why We Don't Build More Apartments for Families"

> On this episode of the Odd Lots podcast, we explore the hidden incentives and regulations that deter builders from making more family-friendly buildings.

Re:Apartment Rents Fall as Crush of New Supply Hits Market by rcme on Tuesday February 28, 2023 @10:44PM (#34978524)
I have friend who own apartments for rent. They have a rule that they’ll never buy large apartments and they’ll never rent to families. Their reasoning was that:

1. Families who rent are likely unstable because, all else equal, a family would prefer to own due to the stability owning provides.

2. It’s too heartbreaking to evict a family.

Just a random anecdote

Re:Apartment Rents Fall as Crush of New Supply Hits Market by leguminous on Tuesday February 28, 2023 @10:54PM (#34978581)
I just want to point out that, in the US, it is illegal to not rent to families. More specifically, it is illegal to discriminate based on familial status. Whether anyone is actually enforcing that in a particular area may be a different matter.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by mbesto on Tuesday February 28, 2023 @11:22PM (#34978731)
That's not what the parent comment was saying. They were saying that there is a reasonable explanation to not develop properties that cater to families - e.g. 4 bedrooms. The alternative is that the 4-bedroom that you conceivably might construct would rent out to 4 individuals who would split the bill...which also introduces a whole bunch of other challenges.

Overall point still seems valid - which is there is little financial advantage to renting out a 4-bedroom property and thus a limited supply.

Re:Apartment Rents Fall as Crush of New Supply Hits Market by medler on Tuesday February 28, 2023 @11:52PM (#34978908)
They said “they have a rule that they’ll never buy large apartments *and they’ll never rent to families*.”

The second part is the illegal discrimination.

Re:Apartment Rents Fall as Crush of New Supply Hits Market by chongli on Wednesday March 01, 2023 @06:40AM (#34981246)
People get around this by never putting themselves in the position of having to refuse. If, as a landlord, you only ever buy single bedroom apartments and studios, you aren’t going to run into families that need 4 bedrooms. It’s not illegal for the landlord to discriminate as to what sort of properties they buy.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by medler on Wednesday March 01, 2023 @07:44AM (#34981743)
I mean, gp recounted a story about someone who has a policy against renting to families, so so it sounds like they do refuse sometimes. Also, where I live, lots of families live in one or two bedroom apartments.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by Johnny555 on Tuesday February 28, 2023 @11:55PM (#34978924)
Whether anyone is actually enforcing that in a particular area may be a different matter.

And whether or not it actually is enforceable is yet another. Who would know if a small landlord passed over an applicant because they had a family? Maybe big landlords could be monitored, but I’ve Had a single rental house for 5 years and I’ve been through 2 tenants in that time, no one could detect any trends in that small sample.

Re:Apartment Rents Fall as Crush of New Supply Hits Market by lynx23 on Wednesday March 01, 2023 @12:42AM (#34979170)
It is weird to force a landlord to take customers they know they don't want. Especially when it comes to renting, where the behaviour of your customers does make a big difference. Looking at my current house, we have 10 appartments, and one family. Guess who is contributing to the noise the most? If I were a landlord, I'd also not take any families.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by ryan_j_naughton on Wednesday March 01, 2023 @12:50AM (#34979204)
> It is weird to force a landlord to take customers they know they don't want.

What you call "weird" others call discrimination. Many racist folks didn't want to rent to black people or other minorities bc they "didn't want them". Others didn't want to rent to see senior citizens or people with disabilities.

Protected classes exist for a reason! It is socially optimal to not allow businesses to discriminate against many groups of people.

Re:Apartment Rents Fall as Crush of New Supply Hits Market by htag on Wednesday March 01, 2023 @01:21AM (#34979344)
There's also an incredibly high bar to prove housing discrimination. It's not like all housing applications are reviewed by an enforcement agency and statistical anomalies in approval rates are investigated. Protected classes are really only protected from the most blatant forms of discrimination.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by luckylion on Wednesday March 01, 2023 @02:22AM (#34979663)
Is the opposite disallowed in the US? In Germany, we have plenty of housing coops and state run builders that e.g. discriminate against single (young?) men. I've tried half a dozen of these not-for-profit entities before I found one that said "we don't care who you are. If you want to live here and you can pay the rent, we're fine with it".

The "no discrimination allowed" is often just "no discrimination allowed that we don't approve of".

Re:Apartment Rents Fall as Crush of New Supply Hits Market by runsWphotons on Wednesday March 01, 2023 @06:19AM (#34981102)
one day maybe all groups will be protected groups
Re:Apartment Rents Fall as Crush of New Supply Hits Market by lynx23 on Wednesday March 01, 2023 @02:23AM (#34979671)
Sure, I get it. However, as a person with a disability, I can tell you one thing for sure: I much prefer knowing that someone doesnt want me. Imagine someone was forced by law to take you as a customer, but doesn't like you at all. Can you imagine how you are going to be treated? Doy ou really think insisting does improve things? I very much doubt that. I very much prefer living somewhere where there is no hate towards me.

So, given that personal observation, I really ask myself: What good does it do to force people to cooperate with humans they dont like?

Re:Apartment Rents Fall as Crush of New Supply Hits Market by Johnny555 on Wednesday March 01, 2023 @02:33AM (#34979724)
Imagine someone was forced by law to take you as a customer, but doesn't like you at all

I don’t care if the pharmacy clerk likes me or approves of my lifestyle, but I do expect them to fill my prescription even if it’s against their feelings or religious beliefs. I don’t see how a fair society can exist without anti-discrimination laws.

Re:Apartment Rents Fall as Crush of New Supply Hits Market by lynx23 on Wednesday March 01, 2023 @02:45AM (#34979780)
Your comparison isn't really appropriate. In a shop, I can walk in, get my stuff, and walk out in a few minutes. If you rent, your landlord will always be your landlord, and there are plenty of opportunities for ongoing conflict. As a person with disability, I know that I will loose if someone picks a fight with me.

Maybe you should try to put yourself in the position of someone with lower priviledges before blindly insisting that anti-discrimination laws are all we need to fix things.

Re:Apartment Rents Fall as Crush of New Supply Hits Market by Retric on Wednesday March 01, 2023 @03:40AM (#34980117)
They don’t suggest they actually fixed things, just that they were necessary. In a true profit maximizing meritocracy many disabled people would not be able to survive because nobody would employ them etc. The degree of accommodation required by law isn’t about the disabled so much as the issues should people be allowed to systematically exclude them.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by eru on Wednesday March 01, 2023 @07:39AM (#34981700)
> In a true profit maximizing meritocracy many disabled people would not be able to survive because nobody would employ them etc.

Just give them money?

Re:Apartment Rents Fall as Crush of New Supply Hits Market by kevviiinn on Wednesday March 01, 2023 @11:26AM (#34984156)
Giving people money isn't profitable
Re:Apartment Rents Fall as Crush of New Supply Hits Market by eru on Wednesday March 01, 2023 @08:03PM (#34990602)
Duh. Neither is going to the cinema or displaying paintings in your living room.

You can see charity as a form of (possibly conspicuous) consumption, if you will.

Re:Apartment Rents Fall as Crush of New Supply Hits Market by kevviiinn on Thursday March 02, 2023 @06:26AM (#34994516)
The person I'm replying to replied to someone discussing a profit maximizing entity which is the context. I understand there is value to other behaviors but corporations don't
Re:Apartment Rents Fall as Crush of New Supply Hits Market by eru on Thursday March 02, 2023 @06:58AM (#34994701)
Corporations are supposed to do whatever their shareholders want.

The default assumption is that shareholders want to maximize profit, but shareholders can also want different things.

In any case, even the most ruthless capitalist society imaginable is not made out of corporations alone. Corporations are just a legal shell. People work for them, people own them, people buy their products, etc.

In a true profit maximizing meritocracy some disabled people might not get a job (though they still might, at lower pay commensurable with their productivity). [0]

But there's nothing stopping people from (a) charitable giving, or (b) enacting laws to give tax payer funded assistance to disabled people.

(You might argue with (b), but you can't really argue with (a).)

[0] Compared to eg someone like John von Neumann, I'm an idiot, but I can still find work even with my comparatively weak intellect. I just can't expect as much pay as John von Neumann would warrant. Of course, that pay might in principle be low enough that people can't survive on it. That's where charity and/or public assistance comes in.

Re:Apartment Rents Fall as Crush of New Supply Hits Market by kevviiinn on Thursday March 02, 2023 @10:40AM (#34997014)
That's the default assumption because I'd you analyze the behavior of corporations, that's literally what they do. It doesn't matter if they could do other things. The fact is that they don't

People work for them because generally they don't have a choice. Not everyone has decision making power and 95% of workers need to follow what their boss says. Most Americans can't lose their job because they don't have savings, they barely make enough to survive

Re:Apartment Rents Fall as Crush of New Supply Hits Market by lazyasciiart on Wednesday March 01, 2023 @03:45AM (#34980153)
You’re actually arguing for the opportunity to be excluded from the housing market entirely? Or you can’t imagine that would happen, and you’re just in favor of being forced to pay more for worse housing? Because we don’t have to do this as a hypothetical with spherical cows - it used to be legal, for all kinds of disadvantaged groups, and it wasn’t better for them. Women, black people, parents, people with criminal histories, people who were unemployed, or Chinese, Irish, Jewish, etc…

So, maybe you should stop assuming that you are the only person in the conversation who knows what they are talking about.

Re:Apartment Rents Fall as Crush of New Supply Hits Market by lynx23 on Wednesday March 01, 2023 @04:03AM (#34980265)
It is not often that I feel that way, but given how you assume things about me, I wish you will end up disabled so that you can learn a few things about life.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by brianwawok on Wednesday March 01, 2023 @09:41AM (#34982902)
Sounds like in at least 6 states, your pharmacist can indeed not to give you medicine?

https://www.mtsu.edu/first-amendment/article/2152/religious-...

Re:Apartment Rents Fall as Crush of New Supply Hits Market by smnrchrds on Wednesday March 01, 2023 @02:37AM (#34979751)
It's not a matter of hatred in the vast majority of the times, but convenience and profits. In a society where discrimination on the basis of disability is permitted, you may find that as people with disabilities cannot get a taxi or get on an airplane: the disability makes such a service more expensive to run and capitalism and profit maximization eliminates it naturally, no hate needed. Perhaps at some point an enterprising entity decides to break into the market of providing services for people with disabilities, at three times the cost of a normal fare. That would be somewhat better, but still not ideal.

I know this would happen because I moved from a country without anti-discrimination laws to a country with. I encountered more people on wheelchairs in the public during my first month in the latter than the previous 20-something years in the former. In the absence of anti-discrimination laws, all avenues for participation of people with disabilities in the society, even things as simple as going grocery shopping, was all but non-existent. As far as I know it still is like that in the old country. Not because people hate everyone needing a wheelchair: people are reasonably nice and thoughtful in the old country too. But in the absence of laws forcing accommodations, no accommodations are made, with obvious results.

Re:Apartment Rents Fall as Crush of New Supply Hits Market by nickpp on Wednesday March 01, 2023 @04:46AM (#34980501)
> I moved from a country without anti-discrimination laws to a country with

Maybe the country you moved to was also rich and with a functioning free-market economy?

Capitalism naturally incentivizes entrepreneurs to seek and serve niche markets while doing everything to accept and accommodate potential customers.

In contrast, planned, state-run economies don't care in the slightest and just do the bare minimum required by law. Here is your job to jump through the hoops and manage to give them your money.

Re:Apartment Rents Fall as Crush of New Supply Hits Market by smnrchrds on Wednesday March 01, 2023 @11:23AM (#34984119)
> Maybe the country you moved to was also rich and with a functioning free-market economy?

Yes, but the economy of the old country, while poorer, was not exactly state-run. All grocery stores were private businesses created by entrepreneurs. Same with taxis. Yet neither accommodated people with disabilities. It was not like grocery stores were owned by the government and those who ran them were disinterested government employees. They were private businesses who made their own decisions and still they did not accommodate people with disabilities.

Re:Apartment Rents Fall as Crush of New Supply Hits Market by kevviiinn on Wednesday March 01, 2023 @11:30AM (#34984226)
I find it strange that people seem to think serving people with disabilities at "three times the price" is reasonable. In this so called free market economy, disabled people likely wouldn't have money to pay for those services because nobody would employ them. It would also likely be much more difficult for them to start their own businesses. There would be essentially no customers, so it wouldn't be a profitable business model.

Regulation is important, regulation literally creates and shapes the markets and allows people to participate in society where they would otherwise be unable to

Re:Apartment Rents Fall as Crush of New Supply Hits Market by nickpp on Thursday March 02, 2023 @07:12AM (#34994785)
Everything has a cost. Serving special needs may costs more. A rich society can decide and afford to cover that cost and that is perfectly fine. A developing economy on the other hand, may decide to impose that cost on its businesses, thus unwittingly weakening itself.

Regulation is not free and doesn't magically make our wishes come true. It just moves costs around, hiding them and often preventing the free market from minimizing them.

Re:Apartment Rents Fall as Crush of New Supply Hits Market by kevviiinn on Thursday March 02, 2023 @10:36AM (#34996957)
There is no such thing as a free market without regulation. Governments create money, they regulate it. Without the regulation of how business is conducted and how things are transacted there would be no market, do you realize that?
Re:Apartment Rents Fall as Crush of New Supply Hits Market by nickpp on Thursday March 02, 2023 @02:01PM (#35000170)
Who said anything about a complete lack of regulations?
Re:Apartment Rents Fall as Crush of New Supply Hits Market by smnrchrds on Thursday March 02, 2023 @11:45AM (#34998121)
Generally in rich countries, it is not "the society" that covers the cost. For example, government does not give money to grocery stores to create ramps and accessible bathrooms—they fine the stores that don't have them. That's the core of accessibility regulations in rich countries, like ADA in the US.

The difference between rich countries, the government forces the businesses to accommodate people with disabilities at the cost to the business. In poor countries, at least the one I came from, they leave it to the businesses to make that decision themselves. The result is that in rich countries are much more accessible than poor countries.

I don't know if your model (where "the society", which I guess means the government pays for this stuff) is tested in any jurisdiction. If it has, I would appreciate a link to an article about the results. But the model where businesses are forced by regulations to cover the costs works very well, as evidenced by how accessible US is thanks to ADA.

Re:Apartment Rents Fall as Crush of New Supply Hits Market by nickpp on Thursday March 02, 2023 @02:05PM (#35000218)
The money always comes from the citizens, no matter who pays. If the government pays - it is taken through increased taxes. If the business pays - it is taken through increased prices. But it's always the people's money - lifted from you and me.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by smnrchrds on Thursday March 02, 2023 @02:16PM (#35000396)
The difference is whether the whole society pays (via taxes or higher overall prices at the till because of the higher cost of doing business) or the person needing the extra service does. In the countries without anti-discrimination laws, those in discriminated groups (like people with disabilities) tend to have a much lower quality of life—they cannot get hired, even if they get hired they earn much less, they cannot access services, even if they can they must pay much more. In the societies that have these sorts of regulations, the whole society bears the extra cost, so everyone's individual burden is lower and manageable.

My point still stands—unless the society via regulations forces businesses to accommodate groups like people disabilities, those groups will be excluded from society, as they were in my old country.

Re:Apartment Rents Fall as Crush of New Supply Hits Market by throwaway742 on Wednesday March 01, 2023 @03:55AM (#34980212)
Because you could end up with a scenario where there is nothing available.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by distant_hat on Wednesday March 01, 2023 @01:34AM (#34979405)
Its often surprised me how anti-children many of the people in the West are. Children make noise, children are the future of your society. You make it difficult for families to live and children to be children and then are surprised when demographics are getting worse with no young folks. Interestingly, in India, the discrimination is the other way round and bachelors and unmarried folks find it harder to rent. Here there is no protection against that and a lot of listings, especially in good neighborhoods will explicitly specifiy, families only. People will conjure up parents and bring them over for a few months sometimes to make it look like they are a 'family'.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by beebmam on Wednesday March 01, 2023 @01:58AM (#34979525)
It's not just the west. It's even worse in Chinese cities, for example. Maybe has something to do with age demographics.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by luckylion on Wednesday March 01, 2023 @02:26AM (#34979688)
I don't mind children, but I prefer to not live around dysfunctional families that make the children run their household. People who say stuff like "children noise is the music of the future" have never lived below a family with children that really made noise (or I guess maybe they have, but they've lived in a bunker). I have, and you no longer live alone, you live with the constant noise that's sometimes higher, sometimes lower, but it's never gone unless you get ear plugs.

I'm fine with children, but they need to have adults that reign them in. That's a coin flip, so I wouldn't ever move anywhere again, knowing that families with children live above/below/next to me.

Re:Apartment Rents Fall as Crush of New Supply Hits Market by lynx23 on Wednesday March 01, 2023 @03:14AM (#34979945)
Full ACK. However, we are quite a minority. However, parents dont want to hear about their responsibilities...
Re:Apartment Rents Fall as Crush of New Supply Hits Market by DiggyJohnson on Wednesday March 01, 2023 @07:54AM (#34981818)
ACK==acknowledge?
Re:Apartment Rents Fall as Crush of New Supply Hits Market by lynx23 on Wednesday March 01, 2023 @02:29AM (#34979702)
I'd argue the parents of said children are anti-children, because they are living in an apartment building without any possibility to play for the children nearby. There is nothing they can use outdoors to get rid of excess energy. Parents could have found something a few kilometers away, but apparently did not care about their chldren. I dont see why I should be especially understanding if the parents are unwilling to live somewhere where their children can have fun. The fact remains that they are very loud and parents apparently are bad at parenting.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by simplotek on Wednesday March 01, 2023 @02:39AM (#34979754)
> I'd argue the parents of said children are anti-children, because they are living in an apartment building without any possibility to play for the children nearby.

What do you have to say about the fact that apartments are the only option?

It feels to me that you're trying to depict not living in a nice suburban villa as subjecting children to abuse, as if this was a whimsical decision of egotistical parents.

Meanwhile, moving to the suburbs is a luxury that's way out of the reach of working class families, not to mention the fact that outside of the US it's outright unthinkable.

And all the time wasted commuting is not considered abuse why?

To me it reads you're claiming "let them eat cake", followed up by "not letting children eat cake is anti-children."

Re:Apartment Rents Fall as Crush of New Supply Hits Market by lynx23 on Wednesday March 01, 2023 @03:08AM (#34979911)
I know for a fact that child-friendly-suburbian appartments are actually cheaper then the city-center-appartment they have now. But you can go on and assume all sorts of bad things about me, that doesnt change my opinion about egotistical parents.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by guimplen on Wednesday March 01, 2023 @04:47AM (#34980513)
A proper city has plenty of places for children to play even in its center. But maybe I'm just an outdated european.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by lynx23 on Wednesday March 01, 2023 @05:10AM (#34980660)
You seem to be living in a proper city, good for you. Move on, there is nothing to see here.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by pc86 on Wednesday March 01, 2023 @10:26AM (#34983378)
Most cities aren't proper by that definition. So congrats on being the exception but that's not really helpful to the broader discussion.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by simplotek on Thursday March 02, 2023 @03:53PM (#35001900)
> Most cities aren't proper by that definition.

OP is not the exception. I have at least two playgrounds in a 300m radius. Perhaps I'm lucky but I don't recall ever living in a place that didn't had at least a playground in walking distance.

Re:Apartment Rents Fall as Crush of New Supply Hits Market by eyelidlessness on Wednesday March 01, 2023 @03:33AM (#34980059)
Might I strongly suggest, as a person who recognizes outsized emotional reactions to sound in myself… you may have misophonia? Maybe address that for yourself if that’s the case, because it’s bound to affect more than your relationship with families living in your midst.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by lynx23 on Wednesday March 01, 2023 @03:53AM (#34980200)
Are you suggesting that everyone who doesnt approve of aggravating families is actually ill? Seriously?
Re:Apartment Rents Fall as Crush of New Supply Hits Market by eyelidlessness on Wednesday March 01, 2023 @11:09AM (#34983886)
I’m suggesting that there’s a name for feeling outsized emotional reactions to noise (whether particular sounds, or in general). I don’t know if that applies to you, but it helped me learning there is a word for it and that other people experience it too. In no way was I trying to suggest anything negative about you.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by selimthegrim on Wednesday March 01, 2023 @08:21AM (#34982074)
> bachelors and unmarried folks find it harder to rent.

Muslims as well

Re:Apartment Rents Fall as Crush of New Supply Hits Market by kube-system on Wednesday March 01, 2023 @01:22AM (#34979347)
That’s textbook discrimination. The reason it is banned is because people have a right to housing regardless of familial status and business owners desire to avoid inconvenience.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by smnrchrds on Wednesday March 01, 2023 @12:57AM (#34979237)
It would only be weird if we did not live in a society. We as a society have decided it is wrong, for example, to not hire someone because they have a disability and it would be an inconvenience to accommodate their disability, or to pay them less to account for the extra inconvenience, or to charge people with disabilities more for services (such as a plane ticket) because of those extra costs or inconveniences. We as a society have made similar decisions about treatment of people based on their ethnicity, gender, and many more criteria, including family status.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by pc86 on Wednesday March 01, 2023 @10:30AM (#34983410)
Keep in mind the accommodation has to be reasonable - which is, largely intentionally, left up for the courts to decide on a case-by-case basis.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by girvo on Wednesday March 01, 2023 @02:08AM (#34979570)
Your argument would be better if there was better, more available social housing. As there isn’t, and shelter should be considered a human right, discrimination must be discouraged.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by eyelidlessness on Wednesday March 01, 2023 @03:26AM (#34980013)
Objectively it’s not weird where the law contradicts what you might prefer. If you want to discriminate you can discuss that without characterizing what’s normal or weird. But I suspect that doesn’t make you sound like a very good prospective landlord.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by erispoe on Wednesday March 01, 2023 @08:38AM (#34982229)
Some landlords are stupid enough to put it in writing.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by abduhl on Wednesday March 01, 2023 @09:47AM (#34982962)
You are allowed to discriminate when renting out your rental house assuming it’s a single family house and you’re the owner and not using an agent (under federal law, maybe not under state). So it’s not a lack of enforcement against small time landlords like you, it’s that it’s probably not illegal.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by raducu on Wednesday March 01, 2023 @03:25AM (#34980012)
> it is illegal to discriminate based on familial status.

I think the point was why you can't find 4 bedroom apartments for rent.

People don't want to rent to families, they don't buy 4 bedroom apartments and they don't rent them. It's not that they actively discriminate against families, they just don't buy properties that would cater to families.

Re:Apartment Rents Fall as Crush of New Supply Hits Market by BizarroLand on Wednesday March 01, 2023 @11:56AM (#34984689)
I am not a landlord and probably won't ever be one, but looking at it from a financial standpoint, it seems smarter to have 2 2br 1ba apartments for rent than 1 4br 2ba apartment. They would take up roughly the same space, albeit maybe with smaller rooms, but 2 $1500 incomes would provide a more stable income than 1 $3,000 apartment if for no other reason than it is unlikely both tenants would leave at the same time.

Worst case you drop to $1,500 for a month or so instead of losing all $3,000 income while you wait for a new tenant to appear.

Re:Apartment Rents Fall as Crush of New Supply Hits Market by wolverine876 on Thursday March 02, 2023 @12:44AM (#34992432)
> They would take up roughly the same space

Each apartment has 1 bedroom, 1 living room, 1 entryway.

Re:Apartment Rents Fall as Crush of New Supply Hits Market by rswskg on Thursday March 02, 2023 @04:36AM (#34993818)
Because you are maintaining two boilers, heating systems, plumbing, etc.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by abduhl on Wednesday March 01, 2023 @09:40AM (#34982881)
While you’re generally correct it’s important to note that the Fair Housing Act’s discrimination provisions don’t apply to all housing so it is actually sometimes legal to discriminate based on familial status. It’s probably not relevant here because we’re talking apartments it seems (although a 4BR is a huge apartment, so maybe not).
Re:Apartment Rents Fall as Crush of New Supply Hits Market by runamok on Wednesday March 01, 2023 @10:47AM (#34983589)
Re:Apartment Rents Fall as Crush of New Supply Hits Market by aclatuts on Tuesday February 28, 2023 @11:05PM (#34978641)
People rent detached homes to families all the time. My sister does it and I live next to a family who rents a detached home. Why would the viewpoint of owners be any different with renting apartments to families??
Re:Apartment Rents Fall as Crush of New Supply Hits Market by luckylion on Wednesday March 01, 2023 @02:29AM (#34979705)
Detached homes are more isolated noise-wise, that's often not the case in apartments. If you rent out apartments, you want low-trouble tenants, not someone you might get a lot complaints about. That's also why many try to exclude people with dogs, they don't want to deal with dogs howling all day and neighbors complaining.
Re:Apartment Rents Fall as Crush of New Supply Hits Market by carom on Tuesday February 28, 2023 @11:51PM (#34978902)
Additionally, families can be very stable tenants but that is a negative if your city has rent control. It is better to have turn over to stay at market rates.

I have the opportunity to build soon and it will all be 1 bedrooms. If rent control wasn't a thing I would gladly build for families. That is the city I want to live in.

Re:Apartment Rents Fall as Crush of New Supply Hits Market by sph on Wednesday March 01, 2023 @04:05AM (#34980272)
While I understand their argument, on a social point of view this is utterly immoral.

It would be like saying "I do not want to rent to African Americans because they tend to be engage in more petty crime than White American people." And we all know there are very sad yet true stats to prove this.

--

Off topic disclaimer: Please do not read my comment as racist, as it is markedly egalitarian in nature: discriminating against families is still discrimination and is immoral and should be illegal.

What I am saying is that the social mesh in the United States is so fcuked up that many minorities tend to have a lower quality of life and thus have to resort to unsavoury ways to pay rent. The problem is structural and political, not them. See The Wire for more details.

Let's discuss the rent problem, not my example to prove the immorality of it please.

Re:Apartment Rents Fall as Crush of New Supply Hits Market by beowulfey on Wednesday March 01, 2023 @07:31AM (#34981626)
While that makes total sense, I think the market has been changing a lot. I suspect many more families are renting now where they might not have previously. Owning a place has become more difficult in many areas of the country.

Not sure of the numbers though. Just a feeling, could be totally wrong. Would love to know if there is data for this.

Re:Apartment Rents Fall as Crush of New Supply Hits Market by andrepd on Wednesday March 01, 2023 @11:33AM (#34984278)
> person owns apartments for rent

That's problem right there.

Re:Apartment Rents Fall as Crush of New Supply Hits Market by jojobas on Tuesday February 28, 2023 @11:08PM (#34978662)
Because families want homes with backyards.