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Spirangelos

@spiroferrer

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Trap economist and landlordology scholar @StrikeDebt @SAJE_ShiftPower @ChallengeIneq @antievictionmap

Joined May 2020
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@spiroferrer
Spirangelos
9 months
For the 10 people that would care about this my MURP thesis is now out of embargo and available here:
@spiroferrer
Spirangelos
2 years
Everybody knows that rent represents a transfer of wealth that disproportionately benefits whiter, richer people. The same is true for neighborhoods– flows of rent between neighborhoods disproportionately originate in lower income, less white places and flow to rich white ones.
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Spirangelos
2 years
For me being a geographer means coming to terms with the fact that I will never make a better map than this map.
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Spirangelos
2 years
Is Rent Control good? We asked the leader of the nation’s largest landlord lobby.
@NPR
NPR
2 years
Voters in several cities approved ballot measures for rent control. But economists warn that such rent caps can actually reduce overall affordable housing — and may not help those who need it most.
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@spiroferrer
Spirangelos
30 days
It’s that time of year when CA’s dem governor vetoes scores of important bills that passed with supermajority support and the legislature does nothing.
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Spirangelos
4 years
What we get assigned to read in planning school.
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Spirangelos
6 days
Guy who's former company is being sued for organizing an illegal rent fixing strategy on the basis of accepting higher vacancy in exchange for higher rents:
@jayparsons
Jay Parsons
6 days
Do "landlords" profit by keeping vacancy higher? Common sense, science, math, and Econ 101 all say no. But conspiracy theorists say yes, so NMHC did a research paper on the topic. They found, not surprisingly, that higher vacancy is correlated with lesser rent growth. When
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@spiroferrer
Spirangelos
4 years
4,050 units in South LA were owned by landlords with mailing addresses in Beverly Hills in 2019, according to the LA County Assessor's rolls. Assuming each unit received the median rent of the tract it's in, over 52 million dollars in rent left South LA for Beverly Hills in 2018.
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Spirangelos
2 years
A gentle reminder that the Marxist critique of the "so-called housing shortage" is not that there is already sufficient housing for the poor; but that there can never be anything but insufficient and inadequate housing for the poor so long as capital is tasked with providing it.
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Spirangelos
2 years
Did a little project on the housing conditions of grad students. There are 14,300 of us at UCLA, and were only 952 affordable units for rent within 10 miles of campus in 2021 census data. The whole county only had 3,163 units for rent we could afford that year.
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@spiroferrer
Spirangelos
3 years
It's time to start thinking about the level of ownership concentration in rental markets. Largest 10% of landlords in Los Angeles County own over 52% of the rental units here. Largest 1% own more than 33% of the rental units. Largest 0.1% own more than 18% of the rental units.
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Spirangelos
8 days
Once again, despite all of the pieces about "rents" falling in 2023, actual rents rose at a historic rate because the asking rents on vacant units according to proprietary listing sites data that get reported on constantly are entirely different than the actual rent.
@MorePerfectUS
More Perfect Union
8 days
Rents rose by an average of 8% from 2022 to 2023, which was the highest annual average growth seen since 2000, according to @CNN .
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Spirangelos
3 years
According to the 2018 Rental Housing Finance Survey, the typical landlord spends 4 hours a MONTH managing their property.
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@spiroferrer
Spirangelos
1 year
San Francisco (a tiny village near San Jose if you didn’t know) is a great early warning system for understanding how the “tiny particle of hitler that lives within every petit bourgeoise” activates into right wing urban politics.
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@spiroferrer
Spirangelos
2 years
Everybody knows that rent represents a transfer of wealth that disproportionately benefits whiter, richer people. The same is true for neighborhoods– flows of rent between neighborhoods disproportionately originate in lower income, less white places and flow to rich white ones.
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@spiroferrer
Spirangelos
1 year
Rent control is good in practice but too bad it doesn’t work in theory.
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@spiroferrer
Spirangelos
2 months
The real problem with “mom and pop” landlords has nothing to do with their management it’s their delusional bullishness and lack of acumen which leads them to over-borrow, forcing them to milk the property while the bank milks them, sustained by the endless supply of those morons
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@spiroferrer
Spirangelos
3 years
Newsom signed some important bills. The ones he didn’t illustrate how libs deliver ‘progress’ at the expense of marginalized ppl. Unconscionable to leave un-unionized farmworkers, tenants facing eviction, criminalized pedestrians, and ppl who need street medicine in the cold.
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@spiroferrer
Spirangelos
7 months
Every eviction is a potential death sentence, and yet it’s up for debate whether landlords should be able to toss people on the street *for no reason at all*
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Spirangelos
1 year
Of course LA Times chooses to present this as a story about a moocher when it's actually a case of a landlord illegally operating a substandard rental unit, and then relentlessly harassing a tenant who was *guaranteed a lease renewal by law* to leave.
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Spirangelos
1 year
Have spent every day the last six months with a dataset in which Black tenants are being surgically evicted (10+ times disproportionately) from relatively affluent or middle class neighborhoods, and disproportionately by the country’s largest, “most professional” landlords.
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@spiroferrer
Spirangelos
2 years
It doesn’t matter if UC builds 25000 units of grad housing or a unit for every grad student in the system if they charge us 90% of our paycheck to live in it.
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@spiroferrer
Spirangelos
2 years
My new favorite twitter genre is actual urban studies professors realizing that twitter urbanists in fact have not done the (any) readings.
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@spiroferrer
Spirangelos
3 years
Rent isn't only an upwards redistribution of wealth from the working class to the rich. It's also a transfer of wealth between places, enriching already wealthy places through the immiseration of working class communities. Rent payments are reverse economic/community development.
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@spiroferrer
Spirangelos
1 year
Like Berlin, the twin cities have historically been divided between a capitalist west and a communist east.
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@spiroferrer
Spirangelos
3 years
The reason rental registries have been fiercely opposed, or subject to obfuscating rounding and guarded from PRAs has nothing to do with privacy. It’s fact the data will immediately falsify all LL claims about their small margins, and unleash a wave of support for rent regulation
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Spirangelos
2 years
This was only really a matter of time tbh. I would make a joke about the frontier thesis but I think “housing shortage caused settler colonialism” implies that racist system of explanation is already being synthesized.
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Spirangelos
3 years
@uhshanti @rcmoya84 You joke but i have people in my urban planning cohort who think suburbanization was the result of central government planning, and that the free market naturally would otherwise produce the cube
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Spirangelos
3 years
I don't get why people are can't see the zillow/PE homebuying spree and homeowner petty property speculation are part of the same system. They're both part of the positive feedback loop between increasing wealth inequality and increasing asset values. Facilitated by US policy.
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@spiroferrer
Spirangelos
6 days
Guy who is responsible for a real life conspiracy being prosecuted by the federal government: "all these conspiracy theorists man"
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@spiroferrer
Spirangelos
30 days
If only the dems had a supermajority they could really get stuff done running headlong into the wall of dems failing to govern with a supermajority
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@spiroferrer
Spirangelos
6 days
Alas while you can apparently become a rental housing expert on the basis of an econ BA and participation in a criminal conspiracy, despite doing a PhD on rental housing I am condemned to be a mere tenant advocate on the basis of having a soul.
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@spiroferrer
Spirangelos
3 years
We did a union!
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@sruuaw
Student Researchers United-UAW
3 years
BREAKING: UC agrees to recognize SRU-UAW in its entirety! This historic victory was brought about by the tireless efforts of thousands of SRs who organized to win a union & a direct response to our massive Strike Authorization Vote. Now let’s win a strong contract for all SRs!
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Spirangelos
2 years
This is just fundamentally, like many such examples, not an honest representation of the leftist critique of private market rate housing production's inability to affordably house low and no income people. Here's a thread on what that critique actually is🧵
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Spirangelos
6 months
Absolutely surreal to see the hundreds of cops who were last night apparently too feeble to stop violence against protesters, gearing up with weapons drawn to do violence to those same protesters.
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Spirangelos
3 months
It’s actually crazy how economists seem constitutionally incapable of reading any research from the social sciences
@paulnovosad
Paul Novosad
3 months
Corporate landlords are pretty good actually. The real terrors are the ones who own 2–3 houses.
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Spirangelos
2 years
“Incumbent residents” actually do have a more legitimate claim to the future occupancy of the homes they live in than other people. It seems like a bad idea that I should be evicted because someone outbids me on my own apartment?
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@spiroferrer
Spirangelos
3 years
Agnotology machine in action: business school professors write a methodologically deficient paper about the effects of a rent control policy which has yet to take effect. Plainly unethical form of "knowledge" production.
@AlecStapp
Alec Stapp
3 years
Rent control is very bad
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Spirangelos
2 years
Step 1: spend years intentionally conflating Black land struggle with NIMBYism Step 2: call all community based space claims “blood and soil nationalism” Step 3: block everyone that points out that you’re being racist as hell
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Spirangelos
1 year
There is overwhelming evidence that large & corporate landlords pose unique harms to tenants, particularly in their eviction practices, and anyone suggesting otherwise is neither a progressive, nor a “housing expert”
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Spirangelos
2 years
This is from Bill Bunge’s book Fitzgerald for those who don’t know
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Spirangelos
7 months
Fighting your own eviction is nimbyism
@emma_a_whitford
Emma Whitford
7 months
Renaissance has plans for a bigger building on the site, >units but ? affordability. They've accuse the tenants of "exactly the conduct" that contributes to NYC's housing shortage They've also been holding units like these empty for a year+
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@spiroferrer
Spirangelos
3 years
Its becoming increasingly clear to me that, despite other arguments about affordability etc, the real housing debate is fundamentally about whether you think housing is the only thing, or whether you think there is a larger political and economic context to the housing crisis.
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Spirangelos
3 years
Hitherto, capitalism has only organized the forces of production to the extent capable of producing a tungsten cube of puny 14 inches. Under socialism, we will build a tungsten cube capable of housing all workers.
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Spirangelos
2 years
We are about to witness the most significant episode of dispossession and un-housing since the financial crisis, and like the financial crisis, the effects are both deeply racialized and would have been totally avoidable if policymakers but people first.
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Spirangelos
3 years
Kind of weird how back in the 1980s planning scholars had already found out that housing markets were fundamentally uncompetitive, shaped by landlord strategies, and that incomes were more determinant of rents than supply but we just keep ‘forgetting’ about it.
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Spirangelos
2 years
The socialist promise of abundance is based in an understanding that capital cannot deliver abundance. It is founded on the recognition that scarcity is imposed on subordinate classes through the dynamics of capital.
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@spiroferrer
Spirangelos
3 years
Some personal news: I'll be headed to a PhD program in Geography this fall! Having a hell of a time choosing between two great options though so if you have even cursory knowledge or takes about PhDing or geography you'd be willing to share send me a DM and some good vibes.
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Spirangelos
3 years
I don’t see why people feel this strange need to defend the supertalls, when even the NYT is capable of admitting they’re mostly vacant laundered money stashes. They’re not absorbing demand, and the $ft2 in construction is so high they can never even be for “regular millionaires”
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Spirangelos
2 years
YIMBYism promises that we can take on the landlord class by delivering them billions of dollars in additional property value and the discretion to use it as they will.
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@spiroferrer
Spirangelos
7 months
This is more or less the contemporary american version of social housing
@AFpost
AF Post
7 months
NYC plans to build world’s tallest prison, a 40-story “Jailscraper,” to house 1,000 inmates. Follow: @AFpost
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Spirangelos
4 months
@uhshanti Clara will of course be even more annoyed when the left turns out against Grants Pass but not Trump immunity
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Spirangelos
7 months
Hero shit
@SarahisCensored
Sarah Fields
7 months
This man is posting addresses of other people’s properties on X, and has built a following on TikTok with over 100k followers by posting full addresses for people to squat in. None of his posts on TikTok have been removed.
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Spirangelos
6 days
For people who don't see why this is stupid at first glance: it's a classic example of an ecological fallacy– the behavior of individual agents can't be surmised from a statistical aggregate of which it is a part.
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@spiroferrer
Spirangelos
3 years
Been thinking about the variable and shifting coalitions in the housing field and the "(un)holy alliances" and strange antagonisms that housing policy makes. Here are some thoughts on that and a heuristic for understanding some of the conflict on the left 🧵
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Spirangelos
2 years
I’m glad a growing segment of YIMBYs have come around on rent control and have come to support social housing through the realization that the market ever wont build enough affordable homes. We don’t need contrition, just action.
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@spiroferrer
Spirangelos
1 year
Pitch for an hgtv show where a guy helps tenants buy their building from their landlord, take it co-op, and then make it cute
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@spiroferrer
Spirangelos
3 years
There cannot be a clearer statement of the necessary reliance of property on violence.
@tracyrosenthal_
tracy rosenthal
3 years
I simply cannot get over the Supreme Court’s determination that “irreparable harm” is what happens to *landlords* when they can’t kick people into the streets.
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Spirangelos
3 years
I guess this really puts to bed the “YIMBY/NIMBY activism is the biggest barrier to housing progress in CA” thing. Turns out it was organized real estate capital all along shocker shocker.
@uhshanti
DEI speedwagon YES on 33, 5, G/K/L🌹🇵🇸 〽️
3 years
lol all these people finally agreed on something and the Democratic supermajority was like "nah"
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Spirangelos
2 years
This is what a walkable, sustainable, and productive place looks like. To build this in America, we need to ban minimum lot size mandates, parking mandates, and density restrictions, then legalize and incentivize the development of mixed-use, multifamily housing for everyone
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Spirangelos
7 months
The “supertalls are good actually because they absorb demand” argument falls apart completely in the face of evidently nobody wanting to live in them
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@spiroferrer
Spirangelos
3 years
That degrowth, which is an anti-malthusian and anti-imperialist politics, is constantly conflated with petty bourgeois eco-fascism by urbanists is a shame, but sort of unsurprising given the aim of the program is to put productivity to social aims rather than increase of profit.
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@spiroferrer
Spirangelos
3 years
I wrote this piece a while back, but it's relevant for understanding why the tenant organizing segment of the left cares about corporate landlords, and urbanists generally do not. Corporate landlords are bad not because they make housing more expensive, but more precarious 🧵
@spiroferrer
Spirangelos
4 years
I wrote a bit for @pcityradical about the divergence of mainstream economic views of rent as a payment for housing services, and relational approaches that focus on power and value, and the political implications of these perspectives.
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@spiroferrer
Spirangelos
10 months
The way that a Germany which was never denazified claims elevated standing on issues of genocide by virtue of having perpetrated one is truly disgusting.
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@spiroferrer
Spirangelos
4 months
BLaCkROcK doESn't owN hOUSinG BlackRock owns >10% of every major residential REIT that exists
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@spiroferrer
Spirangelos
7 months
YIMBYs act like an apartment that houses one family over a long period of time somehow provides less housing than one that houses 5-6 different families over the same period.
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Spirangelos
2 years
It’s crazy how nobody who talks about Jane Jacobs on here has ever read any of her books, interviews, or polemics. Jacobs was a libertarian market urbanist and somehow todays online urbanists who make a virtue of ignorance have cast her as some sort of left nimby hero.
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@spiroferrer
Spirangelos
3 years
The need for the construction of new social housing does not contradict nor replace the immediate need to socialize existing housing, and vise versa. This is a bullshit false choice you're propagating because your team doesn't like the people who are advocating for the other.
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@spiroferrer
Spirangelos
8 months
Nobody ever doubted that YIMBY would succeed as an elite-suasion approach – in part exactly because of its willingness to subordinate equity/justice concerns to coalitional politics w/ the right – what we doubt is that it will succeed in fixing housing.
@PhillyGov
Philadelphia is a nice city and you should visit🥥
8 months
Zoomers don't understand that the reason that YIMBYISM is successful is because it's much more like a pre-2016 social movement focused on definitive and concrete gains as opposed to being an ideological litmus test for the progressive Omnicause.
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Spirangelos
2 years
YIMBYs are now calling the cops on people who are mean to them online LFMAO
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@spiroferrer
Spirangelos
2 years
Sorry I was assured that investors only buy homes when there is an undersupply.
@AlexCKaufman
Alexander C. Kaufman
2 years
American home builders are stuck with more houses and land than they can sell as mortgage rates hit a 15-year high, so they’re selling single-family homes to investors at 20% discounts.
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@spiroferrer
Spirangelos
6 days
The whole point of Parson's conspiracy is that those landlords act counter to the general pattern in an organized fashion as a strategy.
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Spirangelos
2 years
Rent control is simply amazing: it has the magical property of both counterintuitively driving rents up, and of driving profits down so developers can't build new housing, even when it doesn't apply to it. Is there any other policy with such complex effects?
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Spirangelos
5 months
Should be made clear that what is being opposed by CA YIMBY and real estate aligned dems is not even a particular rent control measure per say, but a lifting of pre-emption on the possibility of rent controls.
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Spirangelos
6 months
Eagerly anticipating sitting my ass down and doing the reading to learn how the tenants movement is the origin of car dependency and sprawl
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Spirangelos
2 years
If Elon Musk wants to be loved so badly why doesn’t he try tweeting pictures of dense walkable urbanism with captions like “too bad this is ILLEGAL”
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@spiroferrer
Spirangelos
2 years
Hey @KatyForLA you’re my rep. I know you’re excited for your first day but there is no business more important than making sure the council does not harbor violent, megalomaniacal racists who are willing to grind the city to a halt for egos sake. Please break quorum. #ResignKDL
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@spiroferrer
Spirangelos
4 years
Social Housing is v cool because it’s the only thing which both increases the number of housing units + reconfigures the relation of domination btwn LL and tenant. It directly challenges the centrality of property based accumulation/rentiership in contemporary racial capitalism.
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@spiroferrer
Spirangelos
1 year
This has absolutely erased my sympathy for housing perspectives not rooted in tenant struggle against landlords.
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@spiroferrer
Spirangelos
2 years
The reason the landlord lobby has supported upzoning policies is really simple: They are willing to bet that the property value uplift will far outweigh the price moderation from any supply, because they know development wont erode its own profitability.
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@spiroferrer
Spirangelos
1 year
Strongly disagree, we should antiquate the term landlord by completely eliminating the position from society.
@tony_damiano
Tony Damiano
1 year
absolutely not
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Spirangelos
2 years
Eviction controls help promote the dignity of work. If we really want to solve our labor undersupply, landlords represent an untapped source of low skill labor.
@KeepLAHoused
Keep LA Housed
2 years
Landlord calling into Housing Committee says she had to get a job to pay for the mortgage on her second property. She had planned for her tenants to pay for it but it hasn't worked out for her. She's demands to be able to evict her tenants.
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@spiroferrer
Spirangelos
8 months
It’s beyond hubristic- it’s delusional- for “left” YIMBYs to think they are going to be the tail wagging the dog of the real estate coalition. They won’t, the just provide a equity-washing cover by enrolling themselves in changes airbnb and the kochs can stomach.
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Spirangelos
1 year
It is there the “urban moderate” has been best revealed as a fascist, that procarcerality and “quality of life” dog whistles have been most fused to urbanist politics, that the hollow psychopathy of capital’s “bleeding edge” (tech—now sadly over the hill) is best on display.
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Spirangelos
9 months
This talking point is patently bullshit and frankly racist. A huge body of scholarly research demonstrates that SFR operations specifically target low income communities of color, raising rents, depressing homeownership, and worsening housing outcomes.
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@spiroferrer
Spirangelos
3 years
We should repeal the Mortgage Interest Deduction, the pass through provision, and tax capital gains as income. To encourage work.
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@spiroferrer
Spirangelos
3 years
There is not a good economic rationale to exempt new construction from rent control, despite what capital's stenographers in the local press may report.
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@kristoncapps
◥◤Kriston Capps
3 years
In St. Paul, three apartment projects are now stalled and an investor pulled out of a different apartment development, one week after voters passed the nation's strictest rent control measure.
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Spirangelos
1 year
Corporate landlord is not a shorthand for “big” landlord. The problem posed by corporate landlords lies in the combination of ownership obfuscation, liability limitation, and tax advantage which corporate vehicles provide landlords both big and small.
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Spirangelos
3 years
Happy Labor Day to everyone except UC and their union avoidance attorneys.
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Spirangelos
1 year
Perhaps uncomfortable given the absolutely horrific history of eminent domain in the United States, but the only way to make enough land available for a program of mass housing to actually work is to use it extensively and to limit the ability of owners to challenge it.
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@spiroferrer
Spirangelos
1 year
Once again begging people to understand that class is not a hierarchical system of mutually exclusive bounded groups of individuals but a position in a set of fundamental economic relationships (value, debt, rent), which can overlap in contradictory ways within one person.
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@spiroferrer
Spirangelos
2 years
The UC consistently spitting in its grad workers faces throughout this bargaining process.
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Spirangelos
2 years
For reference, our annualized income in that year was just over $22,000, and while we are generally only paid Oct-June, the rent is due all year round.
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Spirangelos
3 years
I'm sure that people will not interpret what is clearly a capital strike as anything other than for ideological reasons. St. Paul should pursue expropriation of the projects for municipal completion or to be sold w/ entitlements to those that will finish.
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Spirangelos
3 years
Automated speed enforcement is called a speed bump just fyi
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@spiroferrer
Spirangelos
2 years
People seem to conveniently forget that developers are by definition a class of landlord.
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Spirangelos
1 year
Tenant organizers are secretly disdainful of tenants is an incredible take. Evidently YIMBY's incapacity for realizing their position as stooges for the landlord lobby runs so deep they can't even grasp it when they find themselves parroting this one.
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@spiroferrer
Spirangelos
3 years
Been called out on my complete disinterest in transportation issues so here you go: cars are bad, parking is bad, busses are good, trains are good. Bikes, scooters, motorcycles and walking is good. Private transit is bad. Transport agencies should build public housing.
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@spiroferrer
Spirangelos
2 years
Contemporary US rent controls do not counterintuitively make the rent higher, not in the controlled nor the uncontrolled sector. Has never been demonstrated empirically. Yet it is baselessly asserted by every rent control opponent without fail
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