People getting thrown out of their houses due to lack of money (and lack of earning capability) are complaining about other people spending massive amounts on frivolous uses ?
I am amazed. Wait ... no I'm not. I'm even inclined to call those claims justified.
Sorry, what? Nobody is getting "thrown out" of "their" houses. People who were renting other people's for a period of time found themselves outbid by other people who wanted to live in the same area and were willing to pay more for it than they were. And so they were asked to leave. Perfectly legal. 100% the property owner's right.
Nobody signed a contract with these people promising to let them live there forever. They were rentors, and if they didn't understand that they could be asked to leave at any time by the true owners of the property, that's their fault. And if they were so concerned about their ability to continue living there indefinitely, maybe they should have worked harder to ensure their position? Maybe they should have striven to provide more economic value, so they could have purchased this apparently extremely important good?
These people have no excuse. They knew the rules. The rules were clear to everyone. They were happy as long as they got what they wanted. Now the situation no longer favours them, they want the rules to be changed - so that they get everything exactly how they want it.
I don't know about America, but in Europe, this is not how things are done. Rentors need those homes. Landlords, by definition, don't. You should always err on the side of rentors, which is exactly what European courts do.
> Nobody signed a contract with these people promising to let them live there forever.
No but they agreed to something stronger than a contract called "Rent control". And before you say otherwise, if you read this law, it specifically states that it overrides contract provisions. Since we live in a democracy, those landlords agreed to this.
> And if they were so concerned about their ability to continue living there indefinitely, maybe they should have worked harder to ensure their position?
Ah the mafia argument. As if this is anything but money grabbing through threats. As if there is any amount of money that would leave these vultures satisfied.
> These people have no excuse.
Look I am normally pretty right wing, but make this statement to my face and I'll be the first to start throwing bricks through your window. It's that simple.
Btw : do I get to throw you out into the streets the second you are less economically valuable than me too ? Fair's fair after all.
I am amazed. Wait ... no I'm not. I'm even inclined to call those claims justified.