Home Ownership

[Patriam1066]

If you guys had steadily been investing in index funds over the last 20 years instead of going to bars to fuck whores with lip filler, driving there in your car you couldn’t afford, you would’ve had enough to buy a house

Sadly, it’s always someone else’s fault that A) your father, assuming you even had one, didn’t discipline you with violence and B) you didn’t seek Christ

Live within your means includes saving and making your money work for you. I’ve had very few luxuries for most of my life and now my cup runneth over because I drove a Honda or a Nissan when it was all I needed (not wanted) and made smart choices

I’d also like to add for all you young peoples rhetoric about equality, a shocking amount of you don’t like the institution of marriage because you “don’t believe in it,” which means you don’t trust women. That misogyny is costing you a dual income

To reiterate, seek Christ

[Gwaihir]

If you guys had steadily been investing in index funds over the last 20 years instead of going to bars to fuck whores with lip filler, driving there in your car you couldn’t afford, you would’ve had enough to buy a house

Sadly, it’s always someone else’s fault that A) your father, assuming you even had one, didn’t discipline you with violence and B) you didn’t seek Christ

Live within your means includes saving and making your money work for you. I’ve had very few luxuries for most of my life and now my cup runneth over because I drove a Honda or a Nissan when it was all I needed (not wanted) and made smart choices

I’d also like to add for all you young peoples rhetoric about equality, a shocking amount of you don’t like the institution of marriage because you “don’t believe in it,” which means you don’t trust women. That misogyny is costing you a dual income

To reiterate, seek Christ
For real though. My wife and I are cleaning up, over the past year. 28k invested over the past year, primarily in VTI (total market index ETF). My Robinhood acct is my "play" account. I primarily only use it for options spreads, of which over half are vested with an exipiry over a year out. After I max out my annual contribution to our Roth's I put the pittance left over there to enter into more risky financial endeavors.

We each have 2k left to contribute to our Roth this year and we're not even halfway thru (6k is the annual limit)

We have one child who will be eligible to start working in the next year, with the caveat of passing grades and diverting 18% of all earnings to her Roth IRA. 4 years ago I put all four of my girls as authorized users on my credit cards (6); they have credit scores over 700 now.

If the kids aren't in a hurry to move out when they're 18, we approach the concept of communal earnings. With 4 kids we would be capable of taking in over a quarter million a year without even looking at college, and expanding a heritable empire capable of outright buying a home in cash every 3 or 4 years.

In another 2 years, I'll be buying a 5BR on 100 acres and growing trees (white oak and black walnut) for a familial inheritance held in a living trust.

Sorry you all are retarded. Seek Christ, and find some sort of permanence. City life sucks, and is overpriced. If you get bored, lift weights on your days off while you drink beer, it only makes you even more attractive. Hope this helps.

[Patriam1066]

I’m glad we’re all in agreement that through Christ one can afford a home

Amen

[Gwaihir]

I’m glad we’re all in agreement that through Christ one can afford a home

Amen

Amen. Faith moves mountains.

[Nocht]

You guys are the ones that are gonna get spit out in the end.

[Gwaihir]

You guys are the ones that are gonna get spit out in the end.

Five years ago I was living in a tent downhill from WSU Vancouver. What the fuck ever.

[myrddraal]

I’m one of the shitlords you described lol

[Cecily]

Cecily said something similar to that when I got the advantage. Both of which are bald faced lies and its obvious, dumb, ugly and stupid. :o

I reported you for transphobic language one day you pissed me off out of spite. Probably said tranny or something else I assume someone else finds highly offensive. No fucking clue what you're talking about.

[Gatordash]

Trump fucked the American people hard.

Biden is dumping $40 billion a month in MBS and another $80 billion a month into the stock market. 90% of the market is owned by the top 10% of earners. So whether trump or Biden is in office, neither gives a shit about the middle class and both are widening the wealth gap.

[myrddraal]

Biden is dumping $40 billion a month in MBS and another $80 billion a month into the stock market. 90% of the market is owned by the top 10% of earners. So whether trump or Biden is in office, neither gives a shit about the middle class and both are widening the wealth gap.

He's also being forced to either allow inflation to go absolutely crazy if he doesnt put an end to the moratorium on evictions / foreclosures and drive property values out of the reach of buyers or force millions into homelessness or foreclosure, and everyone is going to conveniently forget Trump got us into that mess to begin with for bungling his handling of covid.

[Pulgasari]

Five years ago I was living in a tent downhill from WSU Vancouver. What the fuck ever.

How old are your kids?

:p

[Gatordash]

He's also being forced to either allow inflation to go absolutely crazy if he doesnt put an end to the moratorium on evictions / foreclosures and drive property values out of the reach of buyers or force millions into homelessness or foreclosure, and everyone is going to conveniently forget Trump got us into that mess to begin with for bungling his handling of covid.

What policy could Trump have made that would have saved us from Covid? The vaccine is the reason cases are going down, not sure how you think it could have been developed and distributed any faster than it did. The inflation is transitory due to supply not being able to keep up with demand and a lot of that is due to Biden's policies slowing economic recovery.

[Blingy]

We each have 2k left to contribute to our Roth this year and we're not even halfway thru (6k is the annual limit)

Look into a back door roth.

[Gwaihir]

How old are your kids?

:p

15 13 12 and 7, and I beat my ex for full custody because I decided to pull my head out of ass first ;)

[zodium]

Five years ago I was living in a tent downhill from WSU Vancouver. What the fuck ever.

underrated post

[Wrekt]

"Based on currently available numbers, there are about 31 vacant housing units for every homeless person in the U.S."

https://checkyourfact.com/2019/12/24/fact-check-633000-homeless-million-vacant-homes/

move to resolved.

To summarize for the idiots out there - it's capitalism.

Take from the rich and give to the poor using government powers or this is what you get. no way around it

you think the rich will willingly take care of the poor? they haven't

they didn't earn it. each billionaire, save for warren buffet that fucking mutant, was given a HUGE handout from parents.

i don't mind inheritances and success, but let's be reasonable.

norway has a similar billionaire per capita of the usa and they have MUCH better social safety nets.

kuwait does a UBI, we can't? we poor?

ameripoors - can't even afford health care, housing and food for its people.

ameripoors - a country with a GDP the size of texas pwned us so fking hard. we're the lol of the world

[zodium]

capitalism is a fail ass economic system, imo

[Byue]

it is transitional, by nature but some people see no future without it.


BUT WHO WILL BUILD HE ROADS?
yeah yeah but more importantly, for those micro-managers of other people's lives:

how do we make sure you deserve this food?

Well I have a mouth.
I am human.
I'm hungry.


Three good reasons isn't it?

[Gatordash]

Sucks to see both parties of our government continue to price the middle and lower class out of homes. I get you can shit on Trump for doing it, but the way Biden and Congress preach they are for the middle class and lowering the wealth gap while they, in conjunction with Jay Powell, stuff Blackrock and the 1%'s pockets is a special kind of corruptness.

15152

[Lune]

15 13 12 and 7, and I beat my ex for full custody because I decided to pull my head out of ass first ;)

Doing fucking meth with your meth'd out wife with a bunch of kids around and you're sitting here on this board lecturing all of us about Christian values. Good God lol. I can only henceforth envision you as Mr. Spooge from Breaking Bad

[Gwaihir]

Doing fucking meth with your meth'd out wife with a bunch of kids around and you're sitting here on this board lecturing all of us about Christian values. Good God lol. I can only henceforth envision you as Mr. Spooge from Breaking Bad

Never did meth. My head in my ass was going to college to get indoctrinated by Marxists and paying 25k, I didn't have, for it, for a career path that requires another 200k in post-graduate "education" and another 4 years of shit-oay internship for a "maybe" on earning a salary that takes more than 10 years of the same economic pinch to pay off while hoping against a diversity-quota driven industry of borderline retard colleagues who needed to leech off my talents in "study groups" incapable of digesting the material on their own. Pulled the ripcord at four, when the writing on the wall was clear.

[Lune]

Never did meth. My head in my ass was going to college to get indoctrinated by Marxists and paying 25k, I didn't have for it, for a career path that requires another 200k in post-graduate "education" and another 4 years of shit-oay internship for a maybe on earning a salary that takes more than 10 years of the same economic pinch to pay off. Pulled the ripcord at four, when the writing on the wall was clear.

Failed out of pre-med, got it lol

[Gwaihir]

Nah. I finished with a 3.76 gpa. You're awfully full of assumptions. Her slide into meth addiction occured in the 6 months leading to court overturning the custody arrangment, after a 3.5 year slide into alcoholism that she dragged my children through 4 live-in relationships with random dudes, and capstoned it with a 2 year stay with her alcoholic parents lifestyle that I demonstrably proved to the court was a glorified aggrandizement of a culture of alcoholism.

Last time I drank, was the one day I had a six pack and chatted up Wonkie and Maerelith here. Must've been 8 months ago.

Really easy of you to judge though, considering you offer nothing of yourself to the people of these forums, besides smug condescension. Perhaps it's because if we knew anything about you, personally, we would see how much of a piece of shit you are, in real life.

[Gustoo]

Sounds rough Gwaihir its hard enough raising kids with a non alcoholic child focused spouse let alone one with addiction issues.

hope your kids are doing okay.

[Gwaihir]

Sounds rough Gwaihir its hard enough raising kids with a non alcoholic child focused spouse let alone one with addiction issues.

hope your kids are doing okay.

My youngest daughter is fortunately still in the age of plasticity, recovering nicely.

My oldest daughter is not progressing nearly as well, but she's in therapy regularly, and her therapist is a really solid dude that possesses as much, and I suspect more, wisdom than myself, while having the fortunate position of instilling guidance from an outside perspective that doesn't immediately trigger her defensive instincts.

[Gustoo]

I hope it goes well. Raising kids is stupid hard (this is intentional, so you hand them over to the state and wash your hands of them) but ya know, gotta do your best.

[HalflingSpergand]

There is no lack of supply look at China. To OP.
Creating inflation to hedge inflation

[Jibartik]

Even if prices fall the era of affordable homes in Canada seems to be done (https://www.theglobeandmail.com/investing/personal-finance/article-even-if-prices-fall-the-era-of-affordable-houses-in-canada-seems-to-be/)

[HalflingSpergand]

I'm thinking there will be a hard crash if the jews decide to remove the life support and make the timmys go back to work. And i think they will

[Thorgrimm]

I'm thinking there will be a hard crash if the jews decide to remove the life support and make the timmys go back to work. And i think they will

Biden can only compete with the private sector for so long by printing monopoly money

You'll have the sycophants cheering 15$ jobs flipping hamburgers paying 10 bucks for a Big Mac

[Jibartik]

Biden can only compete with the private sector for so long by printing monopoly money

You'll have the sycophants cheering 15$ jobs flipping hamburgers paying 10 bucks for a Big Mac

cant get anyone to cook breakfast burritos at my golf course and its pissing me off

[HalflingSpergand]

Biden can only compete with the private sector for so long by printing monopoly money

You'll have the sycophants cheering 15$ jobs flipping hamburgers paying 10 bucks for a Big Mac

Ya i hear you. Has nothing to do with the puppet tho. The puppet is just a lore device.

[Horza]

I'm thinking there will be a hard crash if the jews decide to remove the life support and make the timmys go back to work. And i think they will

https://i.imgur.com/nf8QaeW.jpg

[Gatordash]

US home prices jump at fastest pace in 15 years. (https://apnews.com/article/prices-home-prices-lifestyle-business-cb1a62ad529775065a6011bb18ba91d0) Good thing this administration has inflation covered. Its transitory guys. And they will make sure of it when they cut car prices out of their CPI inflation numbers. Not like they already cut housing, healthcare, and school prices so they could fit inflation numbers to their narrative.

[Jibartik]

I swore that the olympics were going to be the period on the end of the covid 19 sentence.

I thought it would show us that we could gather, and accomplish wonderful human acts of greatness and it would all be OK. That we'd bare witness to what we forgot and remember our future. It would inspire us to get back out there and clean up the mess that 2020 left behind.

But what we got was exactly the opposite of that so far.

And if I thought that the Olympics were going to be the light that precedes the dawn, maybe it's showing us the canary being dead as fuck in the coal mine.

[HalflingSpergand]

https://i.imgur.com/nf8QaeW.jpg

Do u know about banks yet? I know u r a yungin

[Gravydoo II]

Same ole shit.. day after day.. jew this, black people that, they just need someone to blame for their failure.

[Thorgrimm]

Same ole shit.. day after day.. jew this, black people that, they just need someone to blame for their failure.

I challenge you and Horza to not mention Trump in any posts for 1 week

[Pulgasari]

I swore that the olympics were going to be the period on the end of the covid 19 sentence.

I thought it would show us that we could gather, and accomplish wonderful human acts of greatness and it would all be OK. That we'd bare witness to what we forgot and remember our future. It would inspire us to get back out there and clean up the mess that 2020 left behind.

But what we got was exactly the opposite of that so far.

And if I thought that the Olympics were going to be the light that precedes the dawn, maybe it's showing us the canary being dead as fuck in the coal mine.

https://i.imgur.com/DrxLFx5.png

[unsunghero]

During the last storm a big tree (that I actually hated, ugly and huge 2 inch harpoon stickers) came down on my house. Cost $1040 to get cleared away. Hoping to get a new section of roof from my insurance company out of it

[Gatordash]

One week left until you actually have to go to work to pay your rent/mortgage again. 4-8 million homes could be hitting the market soon. Who else is excited?

https://www.politico.com/newsletters/the-recast/2021/07/13/housing-crisis-evictions-black-latino-landlords-493556

[Pulgasari]

One week left until you actually have to go to work to pay your rent/my mortgage again.

🤔

[Gatordash]

🤔

🤨

[Jibartik]

an italics thinking emoji enters the chat

https://i.imgur.com/rnNm1YG.gif

[Gatordash]

US Census Bureau poll (https://www.census.gov/data/tables/2021/demo/hhp/hhp33.html) if anyone wants to check the data. Looks like 1 in 6 homeowners late on payments think they are heading to foreclosure in 2 months. And almost 50% of people late on rent are likely getting evicted. Lotta houses opening up. End of September could be a bloodbath.

[Jibartik]

fuuuuuck yeaaaaa economic craaaaasshhh!!!

[Gatordash]

fuuuuuck yeaaaaa economic craaaaasshhh!!!

Its just a poll so you never know. Here in Las Vegas mid range homes seem to be 200-300k overpriced imo. I refinanced my 3bd 3ba home a few months ago and they appraised it at 2.5x what I bought it for. My house is definitely not worth what the appraisal is. If you haven't been paying rent/mortgage then you've had almost 2 years to figure out what you're going to do. If the market does crash, then the people I really feel bad for are the ones who bought homes in the past 2 years. Paying mortgage on a 900k house that is now worth 600k would be hell.

[Jibartik]

wn8XFiAwLkM

[-TK-]

If the market does crash, then the people I really feel bad for are the ones who bought homes in the past 2 years. Paying mortgage on a 900k house that is now worth 600k would be hell.

Did you see the home equity loan numbers from Q2 2020 through now? Big sheesh. That will compound the crash.

I'm locked and loaded with feelers already out to pick up a couple more properties during the coming downturn. Just a waiting game now. My purchases between 2008-2015 were some of my best investments to date. They all have at least doubled in value and each brings in $2,000-$2,600 a month in rent here in CO.

[Jibartik]

My purchases between 2008-2015 were some of my best investments to date. They all have at least doubled in value and each brings in $2,000-$2,600 a month in rent here in CO.

I dont think people realize how much of the roaring 20's the 2010's were. I saw so many people become a millionaires with home prices doubling easily or sometimes trippling or even more.

And we saw all this new tech boom bullshit that we thought was going to turn is into androids and movies and netflix were pooring cool shit down our gullets watching tv shows that rival the biggest fantasy films of all time

MDMA DMT Legalized weed and Micro dosing psychotropics became casual drug use.

The 2010s were great.... If the 2020's are going to be the roaring 20's then I dont know what the fuck to expect.

But if you asked me the 2010s were the fun years, and the ones to come are going to feel like the dustbowl years did.

[Gatordash]

Did you see the home equity loan numbers from Q2 2020 through now? Big sheesh. That will compound the crash.

I'm locked and loaded with feelers already out to pick up a couple more properties during the coming downturn. Just a waiting game now. My purchases between 2008-2015 were some of my best investments to date. They all have at least doubled in value and each brings in $2,000-$2,600 a month in rent here in CO.

Based on the US Census Bureau alone, 7.4% of homeowners are late on mortgage payments. Of those late on mortgage payments, 18.5% think they are heading to foreclosure in the next 2 months, while 81.5% think they will be able to catch up on payments.

If these numbers are accurate (and its just a government census poll so who knows), then 1.36% of people who own homes are expecting to get foreclosed on pretty soon.

According to Pew Research (https://www.pewresearch.org/hispanic/2009/05/12/v-foreclosures-in-the-u-s-in-2008/), in 2008 and first quarter 2009, the national foreclosure rate was 1.8%.

[Bardp1999]

Homes in general are nicer these days so they cost more. Housing is very rarely a bad investment, buy now or forever be a rent cuck

[Jibartik]

When we say, seize the wealth.. we mean homes.

Got to have homes for the workers!

Don't worry you're right though, the one you have now is too nice, you'll be fitted with one more humanitarian.

[Jibartik]

US home prices surge 17% in May, fastest in 17 years (https://abcnews.go.com/US/wireStory/us-home-prices-surge-17-fastest-17-years-79087343)

Right before a recession, this is fine.

[Bardp1999]

My friends house in Austin, TX went up almost 200k on Zillow between January and March. I live in Dallas/Ft Worth and we saw a surge, but nothing so dramatic

[Gustoo]

Ya but what is going to set off the next financial catastrophe?

Will it be just creeping inflation making the whole economy tank?

Combined with workers who don't want to do menial under appreciated work for the same pay they got on vacation?

Or will it be an actual burst bubble of some kind?

I've had concerningly good returns in my 401k in the last 6 years, hopefully that doesn't all disappear.

[Jibartik]

I met a guy out in the south once who was a waiter and owned a 500k home lol

That's what is going to cause it :o

There was a recession 10 years before the depression.

The housing crash was 10 years ago...

It's no big deal, just inevitable :)

If we play our cards right during the crash we can have aa civil war 2 and kids of the future will look to history books wondering what that was about it will say "they just really didn't like each other"

[Jibartik]

I've had concerningly good returns in my 401k in the last 6 years, hopefully that doesn't all disappear.

The crash from the depression, among other things, came from people investing too much into a market that seemed to have no ceiling, so the stocks will keep going up and up, oh wait....

This was in itself creating a market, for itself, and it kept going up and up, until like all MLMs it hit a plateau and it all came crashing down....

Compared to today, where we know about all that and dont make the same mistake twice...

EXCEPT that we just invented a brand new digital global market... that seems to have no celling, so the stocks will keep going up and up oh wait.... see the above bolded text...

Basically I think once we hit a cap on this new global market (which we are either close to, or far from) then we will see the next crash.

So much of the boom we've had in the last 20 years is a result of the internet and mobile phones, and giving billions of users access to all kinds of demographics and markets they were previously not able to hit.. sooner or later those markets are going to dry up and the house of cards we built around it will collapse, that's what I think.

[Gwaihir]

When we say, seize the wealth.. we mean homes.

Got to have homes for the workers!

Don't worry you're right though, the one you have now is too nice, you'll be fitted with one more humanitarian.
The workers that don't work

Which by merit means the working class gets an automatic promotion to petit-bourgeosie, pay is the same.

[Gwaihir]

I met a guy out in the south once who was a waiter and owned a 500k home lol

That's what is going to cause it :o

There was a recession 10 years before the depression.

The housing crash was 10 years ago...

It's no big deal, just inevitable :)

If we play our cards right during the crash we can have aa civil war 2 and kids of the future will look to history books wondering what that was about it will say "they just really didn't like each other"


They'll talk about how it was crazy that Jesus talked to the Samaritan woman at the well, and how that was totally crazy because she was a SAMARITAN which was like, totally bad.

[Patriam1066]

I met a guy out in the south once who was a waiter and owned a 500k home lol

That's what is going to cause it :o

There was a recession 10 years before the depression.

The housing crash was 10 years ago...

It's no big deal, just inevitable :)

If we play our cards right during the crash we can have aa civil war 2 and kids of the future will look to history books wondering what that was about it will say "they just really didn't like each other"

Calm down chicken little

[Jibartik]

Hey I said there would be history books.

[Gatordash]

Ya but what is going to set off the next financial catastrophe?

Will it be just creeping inflation making the whole economy tank?

Combined with workers who don't want to do menial under appreciated work for the same pay they got on vacation?

Or will it be an actual burst bubble of some kind?

I've had concerningly good returns in my 401k in the last 6 years, hopefully that doesn't all disappear.

There in lies the problem with a financial crash. You don't know what is going to cause it or when its going to happen. Could be 3 months from now or 3 years.

[Gatordash]

Calm down chicken little

Every realtor/loan officer I talk to says a crash like 2008 can never happen again because we have all these restrictions in place so you can't give out bad loans to people. Yet housing prices and inflation is outpacing wages pretty significantly so I don't get where they are finding all these high income earners to keep buying these super expensive homes.

[Gustoo]

The crash from the depression, among other things, came from people investing too much into a market that seemed to have no ceiling, so the stocks will keep going up and up, oh wait.........

Yeah I've been feeling some yikes.

[Rick Sanchez]

At 16 I had a decent head on my shoulders and started saved up pretty steadily, bought a home at 28. Now at 35 I am mortgage free, for this I am grateful.

[Barik]

At 16 I had a decent head on my shoulders and started saved up pretty steadily, bought a home at 28. Now at 35 I am mortgage free, for this I am grateful.

I can tell this dude didn't get caught up in the pussy trap lol.

[HalflingSpergand]

It says he lives in portland, me

[Blingy]

Every realtor/loan officer I talk to says a crash like 2008 can never happen again because we have all these restrictions in place so you can't give out bad loans to people. Yet housing prices and inflation is outpacing wages pretty significantly so I don't get where they are finding all these high income earners to keep buying these super expensive homes.

One thing I've learned from experts/professionals regarding any industry.....if they talk in absolutes they're typically wrong.

Our house was valued at $260k in 2009, currently we could list it for $850k and get offers over $900k. Knowing what is going on in the greater Seattle area either every major tech company in the area folds/moves or our prices will continue to be nutty.....unless of course we get hit by a GRB then we're fucked.

[Gwaihir]

Yeah I've been feeling some yikes.

I'm 90% liquid right now after optioning +179% in gains this year. I could sit out for the next year and still be up BIGLY over SPY

[imperiouskitten]

It says he lives in portland, me

XD

[Jibartik]

https://www.bnnbloomberg.ca/real-estate/video/billions-in-unknown-funds-flowing-into-canada-s-housing-market-transparency-international~1644554

Fire sale before the end times

[Jibartik]

https://www.cbsnews.com/news/eviction-moratorium-ending-saturday/

end times home owner ship thread same thing.

[Gwaihir]

https://www.cbsnews.com/news/eviction-moratorium-ending-saturday/

end times home owner ship thread same thing.

Fuck em. Let them be homeless living in a tent for awhile. It builds character. Heaven forbid any of these pussies ever experience hardship or the pangs of hunger once in their lily white lives.

Consider it an extended camping trip. Life goes on.

[Gwaihir]

What the fuck is 900 per month rent? :confused:

That's cheap as fuck is what it is. I've made 900$ door dashing food to all of you lazy fatasses in the first three days this week.

[Jibartik]

That’s nothing I made $9000 banging your mom :o

[Gwaihir]

That's gross. My mom is in her mid 60s and post-menopausal. Have you no standards?

[Gwaihir]

Rip Doggo

[HalflingSpergand]

https://www.cbsnews.com/news/eviction-moratorium-ending-saturday/

end times home owner ship thread same thing.

Bull shit to this . Literally every corporation is hiring. Get to work u fuckin lazy slaves

[Gwaihir]

Bull shit to this . Literally every corporation is hiring. Get to work u fuckin lazy slaves

Really though. What's wrong with getting some rice and lentils and backpacking across the Appalachian or the Pacific crest trail for a few months?

I can't get a job at "corporations". I don't have enough intersections and I am not willing to dress up in women's clothing and pretend to be gay to adorn myself in cosmetic intersections. Plus I don't give a fuck about their retarded ass culture. If they tried to tell me to list my pronouns on my email sig, I would just laugh at them and tell them "no offense but this shit is hella gay and you're a total faggot for insisting I put this shit on here"

"How does having gay pronouns on my sig improve productivity anyways? Isn't demanding disclosure on what kind of sexual degeneracy I embrace sexual harassment? I'm not doing this gay ass shit."


So, which corporate position is a right-fit for me, based upon this revelation?

[HalflingSpergand]

Being dirty sucks ass I'm not that into it.
Jobs that are hard work generally don't require any gayness at all, it's a reasonably fair trade off. That will never ever change no matter how gay society is they will always be served by the honest

[Jibartik]

Bull shit to this . Literally every corporation is hiring. Get to work u fuckin lazy slaves

Agent's Wanted:

https://i.imgur.com/FLHIEpa.png

[Gwaihir]

Being dirty sucks ass I'm not that into it.
Jobs that are hard work generally don't require any gayness at all

Yeah, but based upon my absolute unwillingness to "play along" with any of their faggotry, which corporation is the best fit for me, in your opinion?

[HalflingSpergand]

SLAVES REPORT FOR DUTY IMMEDIATELY


Hmmm. Maybe like a factory or something. Saw a guy with a beard and high heels working at home Depot. I would
probably be a CO worker with him just to make comments

But in all seriousness, the jobs where u sweat, you will rarely find the gayness

[Jibartik]

Really though. What's wrong with getting some rice and lentils and backpacking across the Appalachian or the Pacific crest trail for a few months?

https://i.imgur.com/sQWbzl8.png

[Gwaihir]

You're not answering my question

Should I apply for a position at Apple?
First day on the job I'm gonna insult someone, based on the sheer fact that I'm white, I lift, and I have an 8 inch dick that likes to slide into women's vaginas, alone.

What about Boeing? Do they still hire straight white men?

[HalflingSpergand]

To answer your question, yes apply to them all

[Jibartik]

But in all seriousness, the jobs where u sweat, you will rarely find the gayness

https://www.advocate.com/sexy-beast/2017/4/14/21-innocent-things-are-also-gay-erotica

https://i.imgur.com/ZehjvKa.png

[Gwaihir]

When I'm interviewing them, my first question is gonna be...

"Ok, first of all, I need to know if you're one of those corporations that embraces the degenerate SJW bullshit culture because I don't want to work around any of those losers; I prefer to work around people that are driven to succeed, not around people driven to be "accepted, and inclusive" at the cost of productivity and company profits. This isn't a fucking charity, you know?"

[Pulgasari]

To answer your question, yes apply to them all

Might get a bag if you refuse their mandates on religious grounds and they act up.

[Gwaihir]

Might get a bag if you refuse their mandates on religious grounds and they act up.

Right? I could sue them like a litigious merchant on grounds that their degeneracy violates my religious freedoms.

Fucking based

[Jibartik]

When I'm interviewing them, my first question is gonna be...

"Ok, first of all, I need to know if you're one of those corporations that embraces the degenerate SJW bullshit culture because I don't want to work around any of those losers; I prefer to work around people that are driven to succeed, not around people driven to be "accepted, and inclusive" at the cost of productivity and company profits. This isn't a fucking charity, you know?"

bro if you put on a lapel cam and just streamed interview after interview you'd get my sub

[HalflingSpergand]

Yep good idea.
bro if you put on a lapel cam and just streamed interview after interview you'd get my sub

[Gwaihir]

Ok, so now that we've established that I'm not gonna work for pozzed companies, the next step after that is:

"Ok, so I'm not gonna get vaxxed, or whatever, EVER. Furthermore, I have no intention of playing along with any of this fake ass bullshit Covid hoop-jumping, so that's not gonna be a problem is it?"

[Horza]

When I'm interviewing them, my first question is gonna be...

"Ok, first of all, I need to know if you're one of those corporations that embraces the degenerate SJW bullshit culture because I don't want to work around any of those losers; I prefer to work around people that are driven to succeed, not around people driven to be "accepted, and inclusive" at the cost of productivity and company profits. This isn't a fucking charity, you know?"

Please let me know how well that goes for you.

[Gwaihir]

Please let me know how well that goes for you.

Yeah. It's their loss, bro.

I'm far smarter, harder working, and innovative than you. It would take 50 or 60 of you to equal the contribution of ONE of me, after accounting for the lawsuits your type places companies at risk of.

You know how many hand rubbers Apple has on the payroll who have managed to sue/threaten to sue the company into acquiescing with a non-productive payroll-collecting-only position while on perpetual disability?

I wouldn't hire anyone from your tribe on account of how litigious and work-averse you are.

The ironic part is, your lot NEEDS me. Demographically, western society collapses if whites and asians don't carry you. You know as well as I do that your golems are a net fiscal drag on the economy. That there's no such thing as a "migrant crisis" of people flooding Sub-Saharan Africa/Central America is telling of this fact.

Contrarily, I don't need you. You've had 60 years unfettered to train your golems to replace us and they're still a net-negative failure. Here's to another 60, retard

[Synphul]

Every realtor/loan officer I talk to says a crash like 2008 can never happen again because we have all these restrictions in place so you can't give out bad loans to people. Yet housing prices and inflation is outpacing wages pretty significantly so I don't get where they are finding all these high income earners to keep buying these super expensive homes.

Of course they'd be saying that. Most realtors/loan officers I know are financial idiots that have the financial knowledge of a high schooler. They fill in forms and kick it upstairs to people/algorithms making the decisions. Loan officers are mostly data entry people, and realtors, I shouldn't even have to tell anyone about how much you can really trust the majority of realtors on money matters.

Someone I know just got a loan on a million+ dollar house with $200k in equity on their existing home that they have to sell for contingency. She's an elementary school teacher (with no higher degrees) and he's a small-time project manager making less than 150k gross with two kids. By the time you add in the high property taxes and insurance in that area I don't see how they will manage without living on the bone. I know they got a recent ~50k settlement from a car accident but the numbers simply don't add up to be sustainable because they don't like to live modestly. They are looking at paying at least $4k/month for a mortgage/insur/taxes/hoa before monthly expenses. I can tell he's already sweating bullets, but doesn't have the balls to stand up to his wife and tell her how bad of a decision this is for them.

Not to get political, but Trump rolling back some of the Dodd-Frank regulations was a bad move in the long run imo. This was in theory to make it easier to lend to less qualified applicants again to help invigorate economic buying power for a lower income-secure sector of consumers. The next crash, if we don't see multiple smaller crashes before a big one, will be from banks not having to keep enough liquid capital in reserve to cover their loans (the minimum percent liquid vs extended was lowered) thus crying for another bail out, a high percentage of people borrowing against their home for cheap money and not being able to pay it back when home volumes drop or they lose a job, all combined with a cooled off or dropped-out housing market.

2020 and early 2021 is an anomaly in economics, imo, so where we go from here is somewhat uncharted territory. The country was propped up by goverment money and people that kept working having extra money to spend because they couldn't go out and spend it at their normal spots/activities. Add to that the mass exodus we're seeing of people living in major cities to the burbs or rural areas because they found out just how bad the big city blows when shit hits the fan and we've got what we're seeing today.

[Gwaihir]

Of course they'd be saying that. Most realtors/loan officers I know are financial idiots that have the financial knowledge of a high schooler. They fill in forms and kick it upstairs to people/algorithms making the decisions. Loan officers are mostly data entry people, and realtors, I shouldn't even have to tell anyone about how much you can really trust the majority of realtors on money matters.

Someone I know just got a loan on a million+ dollar house with $200k in equity on their existing home that they have to sell for contingency. She's an elementary school teacher (with no higher degrees) and he's a small-time project manager making less than 150k gross with two kids. By the time you add in the high property taxes and insurance in that area I don't see how they will manage without living on the bone. I know they got a recent ~50k settlement from a car accident but the numbers simply don't add up to be sustainable because they don't like to live modestly. They are looking at paying at least $4k/month for a mortgage/insur/taxes/hoa before monthly expenses. I can tell he's already sweating bullets, but doesn't have the balls to stand up to his wife and tell her how bad of a decision this is for them.

Not to get political, but Trump rolling back some of the Dodd-Frank regulations was a bad move in the long run imo. This was in theory to make it easier to lend to less qualified applicants again to help invigorate economic buying power for a lower income-secure sector of consumers. The next crash, if we don't see multiple smaller crashes before a big one, will be from banks not having to keep enough liquid capital in reserve to cover their loans (the minimum percent liquid vs extended was lowered) thus crying for another bail out, a high percentage of people borrowing against their home for cheap money and not being able to pay it back when home volumes drop or they lose a job, all combined with a cooled off or dropped-out housing market.

2020 and early 2021 is an anomaly in economics, imo, so where we go from here is somewhat uncharted territory. The country was propped up by goverment money and people that kept working having extra money to spend because they couldn't go out and spend it at their normal spots/activities. Add to that the mass exodus we're seeing of people living in major cities to the burbs or rural areas because they found out just how bad the big city blows when shit hits the fan and we've got what we're seeing today.

I'm cheering for a crash. I've managed to float along just fine on the brink of disaster my whole life. It would be more of the same for me, while absolutely the end of the world for mostly everyone else *wink*

I'll be picking up an camper trailer to tow with my expedition for the next crash, which will suit me fine as I don't really want much.

This world is counterintuitive. We push backwards to walk forward.
The more you want, the less you have.

Solution: want less to have more

[HalflingSpergand]

We're already in the crash

[Gatordash]

We're already in the crash

I dunno it depends how long Biden can extend his stimulus campaign for.

Like, if I were trying to pass a multi-trillion dollar 'infrastructure' package.. I would probably send out the CDC to start reversing mask mandates and telling everyone we are not ruling out shutting everything down again so people would rely on my new stimulus package I'm trying to pass.

Then psychologically people would feel like the government is here to help bail them out and they will keep buying more expensive homes while the chairman of the federal reserve keeps telling them that this inflation period is transitory so I think the prices of everything will come down and if they don't I can just sell this new crazy expensive home I bought for even more money because there's no way the housing/stock/economy will ever go down cause Biden will keep printing that money!

[imperiouskitten]

When I'm interviewing them, my first question is gonna be...

"Ok, first of all, I need to know if you're one of those corporations that embraces the degenerate SJW bullshit culture because I don't want to work around any of those losers; I prefer to work around people that are driven to succeed, not around people driven to be "accepted, and inclusive" at the cost of productivity and company profits. This isn't a fucking charity, you know?"

to be honest most of my job interviews were the interviewer asking me the inverse question

[Gwaihir]

Protip: An interview is about you interviewing the company; not the other way around.

You do realize that they're the ones profiting off of you, and thus need you more than you need them, don't you?

I don't even know where employers came to the conclusion that this shit matters. It's like they're at a spot where they've struggled and scrimped and saved and clawed their way into a position where they can afford to hire someone who is a net drag as a charity case.

[Pulgasari]

Right? I could sue them like a litigious merchant on grounds that their degeneracy violates my religious freedoms.

Fucking based

The rules are there for a reason and if you would feel bad about using them, that's your own choice.

[Gatordash]

Protip: An interview is about you interviewing the company; not the other way around.

You do realize that they're the ones profiting off of you, and thus need you more than you need them, don't you?



It depends how specialized the employee is. If anyone can do the job then yes, the owner is profiting off you but they can find another monkey to do it too. Its just an annoyance having to go through all the paperwork and training. So yeah I need employees but its not too hard to find a new one.

[Gatordash]

Also, sounds like its actually happening? Biden to allow eviction moratorium to expire Saturday (https://apnews.com/article/biden-eviction-moratorium-coronavirus-da0e4cc8014b6c8a658dd1572707364f)

Those landlord/tenant attorneys are gonna be WORKING on Monday.

[Gwaihir]

Also, sounds like its actually happening? Biden to allow eviction moratorium to expire Saturday (https://apnews.com/article/biden-eviction-moratorium-coronavirus-da0e4cc8014b6c8a658dd1572707364f)

Those landlord/tenant attorneys are gonna be WORKING on Monday.

Gonna be a lot of systemic racism gettin' dun on Munday

[Pulgasari]

Also, sounds like its actually happening? Biden to allow eviction moratorium to expire Saturday (https://apnews.com/article/biden-eviction-moratorium-coronavirus-da0e4cc8014b6c8a658dd1572707364f)

Those landlord/tenant attorneys are gonna be WORKING on Monday.

9th circuit 'bout to get a whole dose of American immigrants. :(

They all live in RVs near the hospital down here, I wonder why.

[Jibartik]

thought it was hard to get lumber now just wait till the pestilence phase of the tribulation kicks in https://apnews.com/article/business-insects-8ab7c5bc3c07dca05ad2a70fb7505336

or is it perhaps a covert attack against us in the "world war 3: the secret wars" that we're currently in and dont know it, like a covid 2 but this time an invasive species that eats all the trees... send the tree eating bugs!

[HalflingSpergand]

9th circuit 'bout to get a whole dose of American immigrants. :(

They all live in RVs near the hospital down here, I wonder why.

People park by the hospital in RVs because no one can make them leave

[maskedmelon]

I am having a hard time understanding the housing market.

I often hear this one response when someone points out that millennials can't afford to buy one:



But.. Am I the only one that is like, wait we're at maximum occupancy here? There are more people than homes can be built? :confused:

Like...

Are we at a lack of supply because we could have many more houses than we have, but we just wont build them?

Or are we at a lack of supply because we're reaching maximum occupancy and no mater how you shake it, we're screwed?

I just seem to think that if we have more demand than we have supply of homes, that it's not a solvable solution.

Do we think that new towns are going to open up in Nebraska and that will solve the housing issue?

I just dont see how supply of homes being a problem can just be fixed. :confused:

The dirty dollars that you use to purchases houses have been devaluing at a rate of about 7% per year on average for the last several decades. As a scarce asset, housing tends to hold its value better than fake notes printed by pernicious entities. This means that a house selling for $200k ten years ago will command a price of roughly twice that today even without an increase in demand precipitated by investors looking for a place to park the rotting dollars dumped on the market since March of last year.

[Jibartik]

The dirty dollars that you use to purchases houses have been devaluing at a rate of about 7% per year on average for the last several decades. As a scarce asset, housing tends to hold its value better than fake notes printed by pernicious entities. This means that a house selling for $200k ten years ago will command a price of roughly twice that today even without an increase in demand precipitated by investors looking for a place to park the rotting dollars dumped on the market since March of last year.

all the more reason to ban real estate investing.

[maskedmelon]

all the more reason to ban real estate investing.

Why not just stop pouring dollars into the system tho? The majority of the increase in price is due to the currency devaluation.

[Jibartik]

I just dont think it should be a way to invest or make money beyond the equity in the properties you live in.

If i was god emp that's the rule I'd make

[Pulgasari]

Why not just stop pouring dollars into the system tho? The majority of the increase in price is due to the currency devaluation.

Keep the machine going or it'll kill us all, especially softskin thesaurasaurs like u.

[maskedmelon]

I just dont think it should be a way to invest or make money beyond the equity in the properties you live in.

If i was god emp that's the rule I'd make



Do you mean that you would make rental housing illegal? �� What about people who don’t want to live in an apartment, but lack the savings for a down payment, or do not qualify for a loan?

And you don’t care about currency devaluation or its impact on housing prices? I am just curious about this piece since it is relevant to your OP on the housing market.

[maskedmelon]

Keep the machine going or it'll kill us all, especially softskin thesaurasaurs like u.

🤣

[Jibartik]

Do you mean that you would make rental housing illegal? �� What about people who don’t want to live in an apartment, but lack the savings for a down payment, or do not qualify for a loan?

And you don’t care about currency devaluation or its impact on housing prices? I am just curious about this piece since it is relevant to your OP on the housing market.

I'd come up with a good system that basically makes home ownership a much smaller scale.

Something like you could own 2 homes per person or something. I dont care what affects it has on society or the world or economy beyond how I think it would make things better either too because I am god emp in this scenario.

I just think you should own the land you live on and that's it. This town aint big enuf.

[hobart]

Why not just stop pouring dollars into the system tho? The majority of the increase in price is due to the currency devaluation.

Do you mean that you would make rental housing illegal? �� What about people who don’t want to live in an apartment, but lack the savings for a down payment, or do not qualify for a loan?

And you don’t care about currency devaluation or its impact on housing prices? I am just curious about this piece since it is relevant to your OP on the housing market.

"Currency devaluation" has little or nothing to do with the increase in the prices of investment real estate and, thusly, rents.

1031 exchanges combined with historically low capital gains, the ability to take accelerated depreciation, cost segregation, and increases in property taxes, continue to drive the demand for investment real estate and continue to encourage people to take gains 3-5 years into the ownership cycle. And now that you've sold, you can overpay up to 38% more than the market value on the property you're re-investing in and still come out ahead...

[Gatordash]

Don't know what you guys are talking about with this currency devaluation stuff. Biden and Powell can print as much money as they want and we will only have a 2% inflation this year because its transitory(TM).

[maskedmelon]

"Currency devaluation" has little or nothing to do with the increase in the prices of investment real estate and, thusly, rents.

It accounts for about 75% of the increase tho.

1031 exchanges combined with historically low capital gains, the ability to take accelerated depreciation, cost segregation, and increases in property taxes, continue to drive the demand for investment real estate and continue to encourage people to take gains 3-5 years into the ownership cycle. And now that you've sold, you can overpay up to 38% more than the market value on the property you're re-investing in and still come out ahead...

Given that currency devaluation adequately explains around 75% of appreciation in housing prices, the collective influence of these items account for around only 1/4 of the increase.

[Bardp1999]

Bunch of poor people IIT trying to figure out housing

*kekes softly from luxury home that the bank only half owns*

[Pulgasari]

Don't know what you guys are talking about with this currency devaluation stuff. Biden and Powell can print as much money as they want and we will only have a 2% inflationthis year because its transitory(TM).

https://www.investopedia.com/terms/h/hyperinflation.asp

[Gatordash]

I love these news stories (https://apnews.com/article/health-coronavirus-pandemic-58f318ba0fb988fdcfaf184c33d4257a) where they quote facts like 15 million people owe 20 billion in rent, and then they give like 1 or 2 personal stories from people who say they got fired and they applied for all these jobs but can't find any. I'm sure there are a few cases of that but I'm guessing a large majority of those 15 million people were just happy sitting at home collecting unemployment and Biden bucks.

Some cities with the most cases, according to the Eviction Lab, are Phoenix with more than 42,000 eviction filings, Houston with more than 37,000, Las Vegas with nearly 27,000 and Tampa more than 15,000. Indiana and Missouri also have more than 80,000 filings.

Looks like a few home will be coming back on the market soon. I hope these prices in Las Vegas start dropping.

[Pulgasari]

news stories

Liberals erupt in fury at White House over end of eviction moratorium (https://www.washingtonpost.com/politics/liberal-democrats-biden-anger/2021/08/02/d048fefa-f39d-11eb-a49b-d96f2dac0942_story.html)

[Jibartik]

Liberals erupt in fury at White House over end of eviction moratorium (https://www.washingtonpost.com/politics/liberal-democrats-biden-anger/2021/08/02/d048fefa-f39d-11eb-a49b-d96f2dac0942_story.html)

[you must pay to read this article about your decline, citizen]





end times :o

[Gatordash]

I've accidentally watched CSPAN before, 'erupt in fury' might be a little strong.

Or if chaos is whats happening in Congress right now someone should tell them these 15 million people getting evicted are likely a good chunk of the unvaccinated population they also hate. Might calm them down a bit.

If I was a landlord to someone not paying rent, waiting around for federal backpay seems way less enticing than evicting and selling the house at the top of the market.

[Pulgasari]

[you must pay to read this article about your decline, citizen]





end times :o

Script block thingy makes almost all news sites free :)

APnews is really all you need anyway.

[Gatordash]

Also, sounds like its actually happening? Biden to allow eviction moratorium to expire Saturday (https://apnews.com/article/biden-eviction-moratorium-coronavirus-da0e4cc8014b6c8a658dd1572707364f)

Those landlord/tenant attorneys are gonna be WORKING on Monday.

Well, never mind

[Pulgasari]

Well, never mind

terrorists win :p

[Gatordash]

CDC Eviction Moratorium saving lives here in Vegas. https://www.fox5vegas.com/news/crime/2-dead-1-critical-after-landlord-tenant-rent-dispute-leads-to-shooting-las-vegas-police/article_dd7f0182-f9ce-11eb-9e5e-434a0f5282da.html

[Whale biologist]

CDC Eviction Moratorium saving lives here in Vegas. https://www.fox5vegas.com/news/crime/2-dead-1-critical-after-landlord-tenant-rent-dispute-leads-to-shooting-las-vegas-police/article_dd7f0182-f9ce-11eb-9e5e-434a0f5282da.html

I would have asked for flesh instead of turning to blood IYKWIM. ;)

[Horza]

CDC Eviction Moratorium saving lives here in Vegas. https://www.fox5vegas.com/news/crime/2-dead-1-critical-after-landlord-tenant-rent-dispute-leads-to-shooting-las-vegas-police/article_dd7f0182-f9ce-11eb-9e5e-434a0f5282da.html

https://i.imgur.com/g7uWUxa.png

[Thorgrimm]

https://www.cnn.com/2021/08/03/us/woman-facing-eviction-money-raised-gofundme-trnd/index.html

Update: After CNN aired a story about her potential eviction, Dasha Kelly clarified to CNN that she is not the mother of the three children featured in the story. CNN has verified she takes care of the children in her home for periods of time. She says she originally described herself to CNN as a mother because she considers herself to be like one to them.

[dragosanii]

Aren't you septics right in the middle of another housing bubble that's about to pop - repeat 2008 but much worse?

[Ooloo]

I love how everyone thinks landlords are these cartoonish rich fat cat evil guys twirling their mustaches and raking in money. The majority of landlords are middle class and have one rental property that they are using to help pay off the mortgage on their own house. People who claim to care about the poor really just hate the rich. They are two very distinct, different things.

[Rick Sanchez]

cant wait to take advantage of the people losing there homes soon.

[Gatordash]

I love how everyone thinks landlords are these cartoonish rich fat cat evil guys twirling their mustaches and raking in money. The majority of landlords are middle class and have one rental property that they are using to help pay off the mortgage on their own house. People who claim to care about the poor really just hate the rich. They are two very distinct, different things.

Its about what you can portray as a politician to stay in power. Democrats seem to be doing a great job of their, 'rich people need to pay their fair share' campaign even though they will never make the rich pay more. This housing moratorium is a perfect example where mom and pop landlords are losing everything they've worked for while the large residential investment firm stays afloat and gets to pick up the pieces at a discount when the moratorium washes out. Its pretty genius misdirection because the reality is you are taking from the middle class to give to the rich who fund your political campaigns, but you can sell it politically as rich vs poor.

[Jibartik]

https://i.imgur.com/g7uWUxa.png

haha man, that picture is like 100 years old and here we are. Bet its worth 6 million now lol

[Jibartik]

This is a great quote and I think it holds true:

When the economy has been reduced to private ownership, the increased productivity of labor only increases rent, thus all the advantages of progress goes to those that own land. Wages do not increase, wages cannot increase.

The more labor produces: The more it must pay for the opportunity to make anything at all.

I dont think land should be profitable or owned. Rent control: YES! but rent control against the goverment landlord instead of the person landlord.

Ive been both a renter in a major city with rent control, and a home owner, and I felt the same exact level of pride of ownership in both situations.

[Thorgrimm]

This is a great quote and I think it holds true:



I dont think land should be profitable or owned. Rent control: YES! but rent control against the goverment landlord instead of the person landlord.

Ive been both a renter in a major city with rent control, and a home owner, and I felt the same exact level of pride of ownership in both situations.

If you own your own land you can grow your own food and be self sufficient

[Castle2.0]

Don't miss the thread on HODLing crypto til 2024+. I can't wait to tell all the negative ned's and ne'erdogoods "i told you so" :D

[Jibartik]

If you own your own land you can grow your own food and be self sufficient

You still pay a mortage so that's rent, just to a bank instead of the gov, the bank owns a deed to the land granted to them by the gov, like a renters conteract.

if the gov would ever take an individuals land, they would also take the banks.

So there is no difference.

Except in the current system the banks make all the money while the land owner pays inflated prices that they must desperately beg people to pay for their crops's inflated prices to make up for.

It's a death spiral.

If you rented the land from the gov and got rid of the banks, nothing would change but you'd have less inflation, and would worry about the quality of your crops and your time and enjoyment... cropping(?) them...

A key component is understanding that owning a renters contract is the same as owning a mortgage or deed, when you have that, it's a lock until you want to get rid of it.

There is a 1:1 similarity between a renters contract with the goverment as a mortage with the bank, except its about 10,000% cheaper :)

[Thorgrimm]

You still pay a mortage so that's rent, just to a bank instead of the gov, the bank owns a deed to the land granted to them by the gov, like a renters conteract.

if the gov would ever take an individuals land, they would also take the banks.

So there is no difference.

Except in the current system the banks make all the money while the land owner pays inflated prices that they must desperately beg people to pay for their crops's inflated prices to make up for.

It's a death spiral.

If you rented the land from the gov and got rid of the banks, nothing would change but you'd have less inflation, and would worry about the quality of your crops and your time and enjoyment... cropping(?) them...

A key component is understanding that owning a renters contract is the same as owning a mortgage or deed, when you have that, it's a lock until you want to get rid of it.

There is a 1:1 similarity between a renters contract with the goverment as a mortage with the bank, except its about 10,000% cheaper :)

Private Property Rights are the foundation of Freedom

Read Locke, Madison and Jefferson

[Jibartik]

Yeah I get that, but I'd argue that is a construct.

Like I'm sure in another dimension the idea that you have to buy a home from a bank and not the goverment they say that is the core tenement to freedom.

[Gwaihir]

Yeah I get that, but I'd argue that is a construct.

Like I'm sure in another dimension the idea that you have to buy a home from a bank and not the goverment they say that is the core tenement to freedom.

Freedom can't exist in the thralldom of vice, in any matter

[HalflingSpergand]

If you own your own land you can grow your own food and be self sufficient

Got proof?

[Thorgrimm]

Got proof?

https://www.landwatch.com/

[Whale biologist]

https://www.landwatch.com/

Less than half an acre. Great website.

FOR CLOWNS!!

[HalflingSpergand]

Self sufficiency is not on the menu

[Jibartik]

WCOzqP9Dt9E

[Toxigen]

if you arent sitting on 50+ acres w/ a fresh water supply you're a shitbrain

hope this helps

[Thorgrimm]

Less than half an acre. Great website.

FOR CLOWNS!!

You be trollin

[HalflingSpergand]

What u going to do with 50+ acres?

[imperiouskitten]

i own 2 acres (accessible may > october) and it's definitely not enough. tree cover is thick but not thick enough for that distance to provide the privacy to run around naked or do a suspension scene off a tree. once had my illegal fireworks busted by the sheriff too. Wouldn't have happened with a private drive! I'd say you need probably 25 well forested acres to get away with having sex on your lawn or whatever. Smoke pot without even a distant concern of roving mormon policeman with dog getting medieval about things. To have privacy.

Also you do need a water supply for sure or it kinda sux shipping up water :o

[Gatordash]

The Typical U.S. Renter is Expected to be 'Housing Cost Burdened' By the End of 2021 (https://www.zillow.com/research/housing-affordability-forecast-2021-29944/). Wait, I know how to fix this and definitely not make things worse.. Have Biden extend the eviction moratorium again and have Powell print more money. Its so easy that way.

[Whale biologist]

The Typical U.S. Renter is Expected to be 'Housing Cost Burdened' By the End of 2021 (https://www.zillow.com/research/housing-affordability-forecast-2021-29944/). Wait, I know how to fix this and definitely not make things worse.. Have Biden extend the eviction moratorium again and have Powell print more money. Its so easy that way.

The appropriate response to publicly confessed lawlessness is calm refusal. (https://www.nationalreview.com/2021/08/americans-must-ignore-the-new-cdc-eviction-moratorium/)

Among those who can safely ignore the moratorium are everyone: landlords, collection agencies, the police, state legislatures, governors, the media — everyone. There are, of course, an enormous number of laws that Americans do have to follow, but this isn’t among them, because unlike those laws, this isn’t a law. It doesn’t count. It isn’t authentic. It has no force. It’s a dead letter. At best, it’s a wish; at worst it’s theater; but what it is most certainly not is — yes, that’s right — a law.

[CancerMage]

i bought my house for 200 2 years ago, its gained 40k in value the past year. shits insane.

[Jibartik]

You’re not a real man unless you get 5 phone calls a day about refinancing your house.

[Gwaihir]

What u going to do with 50+ acres?

Grow White Oak and Black Walnut veneer quality timber for my children and grandchildren's inheritence while setting aside (sacrificing) 1 acre to feed them in the meanwhile.

That's what I'll do with 50 acres. Environmentalists will fucking love me for it, too, because fuck all of you overly consumptive net drags on society and the environment, is why.

[Jibartik]

What u going to do with 50+ acres?

replying to halflingspergand posts because you just dont want to imagine a world where he isnt replying to your posts :(

[Gwaihir]

replying to halflingspergand posts because you just dont want to imagine a world where he isnt replying to your posts :(

Shit's sad but I believe he has ascended, leaving us all reeling from the halflibgspergand shaped hole in our Levs.

[Jibartik]

I hope all that is left where he stood yesterday are a pair of nicely folded clothes. (https://youtu.be/tPK474AQmD0?t=4352)

[Bardp1999]

*SiPs drink from luxury home*

*kekes softly at the poors*

*taps submit*

[Whale biologist]

*SiPs drink from luxury home*

*kekes softly at the poors*

*taps submit*

Texas luxury lmao

[Jibartik]

*SiPs drink from luxury home*

*kekes softly at the poors*

*taps submit*

horza and the bois in your living room re distributing your wealth in 2027

https://i.imgur.com/jBngBjY.png

[imperiouskitten]

You’re not a real man unless you get 5 phone calls a day about refinancing your house.

omg mother in law entertains EVERY SINGLE ONE of these calls and pretends she's about to sell her house, then never follows through. I swear she uses those people as like paid friends and leads them on

[Jibartik]

would make a good short film

street guy makes friends with the lonely elderly at his sad call center job

[Gatordash]

omg mother in law entertains EVERY SINGLE ONE of these calls and pretends she's about to sell her house, then never follows through. I swear she uses those people as like paid friends and leads them on

If I have time I do that with the car warranty ones.
Are the brakes covered?
The pads and rotators or neither?
Are the windshield wipers covered?
Is the steering wheel covered?
Are the airbags covered?
Is the exhaust pipe covered?

Sometimes I can go for awhile.

[Gatordash]

I think its a good sign that inventory is slowly starting to creep up already while interest rates are still dirt cheap and the Fed hasn't even said if/when they are going to start tapering MBS.

Fred: Active Home Listings (https://fred.stlouisfed.org/series/ACTLISCOUUS)

NAR: Existing Home Sales (https://cdn.nar.realtor/sites/default/files/documents/ehs-07-2021-overview-2021-08-23.pdf)

[Jibartik]

can u eli5?

[Gatordash]

can u eli5?

ELI5: It looks like home prices peaked last month and are starting to come down.

Home prices were already increasing before Covid, but have really skyrocketed since for two main reasons:
1. Demand: if you can work online and don't have to commute as much then you can move out to a nice house in the suburbs.
2. Federal Reserve Quantitative Easing: Since Covid, the government has spent over a trillion dollars buying mortgages every month in order to keep interest rates low and home prices high.

Covid is still a thing and the government is still spending $40 billion/mo in QE yet prices are coming down. If you are looking to buy a house this is a good sign of light at the end of the tunnel.

One thing that has changed that I can think of is people are starting to see inflation hit their pocketbooks so they might not be all gung-ho bidding over asking price on a home now.

[Jibartik]

https://www.reuters.com/world/us/us-supreme-court-ends-federal-residential-eviction-moratorium-2021-08-27/?utm_source=reddit.com

WASHINGTON, Aug 26 (Reuters) - The U.S. Supreme Court on Thursday ended the pandemic-related federal moratorium on residential evictions imposed by President Joe Biden's administration in a challenge to the policy brought by a coalition of landlords and real estate trade groups.

[Gatordash]

https://www.reuters.com/world/us/us-supreme-court-ends-federal-residential-eviction-moratorium-2021-08-27/?utm_source=reddit.com

Should open up some inventory at least. And maybe rent prices will finally start to come down. They were up like 30% in my area.

The next round or two of household pulse surveys from the US Census Bureau are going to be interesting now that Landlords can start the eviction process. (Housing Table 3b (https://www2.census.gov/programs-surveys/demo/tables/hhp/2021/wk35/housing3b_week35.xlsx)). Even after the CDC extended the eviction moratorium again, 43% of renters polled (who are late on payments) think they may get evicted in the next 2 months. That seems way too high, I must be reading this table wrong.

[Whale biologist]

Should open up some inventory at least. And maybe rent prices will finally start to come down. They were up like 30% in my area.

The next round or two of household pulse surveys from the US Census Bureau are going to be interesting now that Landlords can start the eviction process. (Housing Table 3b (https://www2.census.gov/programs-surveys/demo/tables/hhp/2021/wk35/housing3b_week35.xlsx)). Even after the CDC extended the eviction moratorium again, 43% of renters polled (who are late on payments) think they may get evicted in the next 2 months. That seems way too high, I must be reading this table wrong.

Not out of the woods yet. CDC lacks the authority(x2!), but the Rectors provinciae may have it. :eek:

[Jibartik]

lmao housing prices are going to go down because the sky is litearlly going to be on fire in like 3 years.

They will continue to go up and down but mostly up until then.

[Shourty]

My parents were saying housing is too expensive in the mid 60s when I was in high school. It was. They bought an old house for like 10k and scrimped to make the mortgage payments. They were saying, when I got ready to buy it would be impossible.
My wife and I purchased our first home in the early 70s for 67k and scrimped to make the mortgage.
Our kids payed over a hundred k for their houses and scrimped to pay the mortgage.
I see a pattern here.
Right now, because of the shutdown for the pandemic, there aren't as many new houses on the market making the older ones more expensive. Folks are going to have to scrimp to make the mortgage payments. Shocking!

[Whale biologist]

My parents were saying housing is too expensive in the mid 60s when I was in high school. It was. They bought an old house for like 10k and scrimped to make the mortgage payments. They were saying, when I got ready to buy it would be impossible.
My wife and I purchased our first home in the early 70s for 67k and scrimped to make the mortgage.
Our kids payed over a hundred k for their houses and scrimped to pay the mortgage.
I see a pattern here.
Right now, because of the shutdown for the pandemic, there aren't as many new houses on the market making the older ones more expensive. Folks are going to have to scrimp to make the mortgage payments. Shocking!

Now consider purchasing power and apply scrutiny. :rolleyes:

[Jibartik]

My parents were saying housing is too expensive in the mid 60s when I was in high school. It was. They bought an old house for like 10k and scrimped to make the mortgage payments. They were saying, when I got ready to buy it would be impossible.
My wife and I purchased our first home in the early 70s for 67k and scrimped to make the mortgage.
Our kids payed over a hundred k for their houses and scrimped to pay the mortgage.
I see a pattern here.
Right now, because of the shutdown for the pandemic, there aren't as many new houses on the market making the older ones more expensive. Folks are going to have to scrimp to make the mortgage payments. Shocking!

Median mortgage 1960: $11,900
Median income 1960: $5,600

A home costs x2 your income.

Median mortgage 2018: $272,500
Median income 2018: $65,000

A home costs 4x your income.

This is why people hate boomers.

[Jibartik]

Dutch cities want to ban property investors in all neighborhoods

https://nltimes.nl/2021/09/02/dutch-cities-want-ban-property-investors-neighborhoods

[Jibartik]

https://www.consumerfinance.gov/about-us/newsroom/new-report-from-consumer-financial-protection-bureau-finds-over-11-million-families-at-risk-of-losing-housing/

https://i.imgur.com/2PFYyul.png

[Shourty]

[QUOTE=Jibartik;

This is why people hate boomers.[/QUOTE]

I was born before the boomers. Cripes, I'm so old, I fart dust.
I don't feel offended being called a boomer because of your youth. You lack experience and context to really make a offensive comment yet. Kinda like a kindergarten kid snickering and calling someone a "poo poo head".

[Jibartik]

I'm just saying an older gent saying that today is just like his day is par for the course, and incredibly inaccurate. And that is why people hate boomers.

:o

[Gatordash]

I don't feel offended being called a boomer because of your youth. You lack experience and context to really make a offensive comment yet. Kinda like a kindergarten kid snickering and calling someone a "poo poo head".

I just know that your generation has taken advantage of and passed along a ton of debt to the younger generation so I disagree with your anecdote.

But its not your problem so I guess I wouldn't give a fuck either if I was in your shoes.

And likely my generation will do the same to the younger generation because its easy to pass along your problems to someone else.

[Jibartik]

And likely my generation will do the same to the younger generation because its easy to pass along your problems to someone else.

This is why I think we deserve a world war. Just to be clear! :o

Edit: also it will make the homes I want to live in accessible (or destroyed by chemical warfare or radiation if I cant have them no one can)

[derpcake2]

Jibartik doing a strong "I'm young but useless so I should blame everyone but myself" here.

A+ would laugh again.

Too bad you didn't place a brick for every post you made here, you'd have your own house.

https://i.imgur.com/fyF1Cgu.png

[Jibartik]

Way to miss the point entirely.

Im watching my country collapse idiot.

[derpcake2]

Median mortgage 1960: $11,900
Median income 1960: $5,600

A home costs x2 your income.

Median mortgage 2018: $272,500
Median income 2018: $65,000

A home costs 4x your income.

This is why people hate boomers.

Mortgage rate in 1975: 9%
Mortgage rate in 2021: 2.8%

Total cost when loaning 200k over 30 years:

1975: $ 561.227,64
2021: $ 294.494,44

Source (https://themortgagereports.com/61853/30-year-mortgage-rates-chart)

Hilarious.

[derpcake2]

Im watching my country collapse idiot.

I'm sure you are one of the pillars of your community with a solid job and strong family ties, so it couldn't be possibly your generations fault.

[Jibartik]

Mortgage rate in 1975: 9%
Mortgage rate in 2021: 2.8%

Total cost when loaning 200k over 30 years:

1975: $ 561.227,64
2021: $ 294.494,44

Source (https://themortgagereports.com/61853/30-year-mortgage-rates-chart)

Hilarious.

Show me where you're going to live with a 200k loan please and then I will remind you that the people there make 15$ an hour.

Not to mention you could buy 5 homes for 200k with a median Home price in 1971 that was 35k.

Estimated payments on a 35k home at 9% 30 year fixed is 230 dollars. (1975 rates)

If you bought the home 3 yeas earlier the payments would be $90 (1972 rates)

M5QGkOGZubQ

[derpcake2]

Show me where you're going to live with a 200k loan please and then I will remind you that the people there make 15$ an hour.

Median Home price in 1971 was 40k idiot.

Why are these people making 15$ an hour?

Isn't that what a burger flipper with some experience makes?

Thought we were discussing gainfully employed people here.

[Jibartik]

Why are these people making 15$ an hour?

Isn't that what a burger flipper with some experience makes?

Thought we were discussing gainfully employed people here.

Well keep in mind you picked 1975 which had higher interest rates than 1960-1974 due to a recession, so we're not doing like real deep science here. Interest rates were 4% in 1972.

The median home price in this country in 2021 is $758,990

The median salary is 75k That is, the most average home in this country is 10x the average salary.

Median home prices were 2-4x the average salary with similar interest rates to todays (discounting our covid interest rates we have at this very moment that went up today mind you).

In populated areas home prices can be 25x the median home value, making home prices in populated areas 15, 20, 30 times the salaries of the people that live there. Salaries for the same jobs are not 15 times larger in San Francisco than they are in Atlanta.

Simply put, the system we have had, has created a incredibly tense situation, that can be seen throughout our daily lives in this shit hole country.

I love my home. But it cost way too much.

[Jibartik]

This is the peak of the housing market caused roaring 2010's Everest. Hopefully the economy we built out of inflating home values is so high the long road to sea level (depression 2) will take as long as it took to get where we are today.

But usually going down a mountain is faster.

https://i.imgur.com/Ct2pVNw.png

[Gustoo]

Well keep in mind you picked 1975 which had higher interest rates than 1960-1974 due to a recession, so we're not doing like real deep science here. Interest rates were 4% in 1972.

The median home price in this country in 2021 is $758,990

The median salary is 75k That is, the most average home in this country is 10x the average salary.

Median home prices were 2-4x the average salary with similar interest rates to todays (discounting our covid interest rates we have at this very moment that went up today mind you).

In populated areas home prices can be 25x the median home value, making home prices in populated areas 15, 20, 30 times the salaries of the people that live there. Salaries for the same jobs are not 15 times larger in San Francisco than they are in Atlanta.

Simply put, the system we have had, has created a incredibly tense situation, that can be seen throughout our daily lives in this shit hole country.

I love my home. But it cost way too much.


Major legistlation needs doing to fix home situation probably in the entire western world as corporation are buying up homes everywhere. In most cases there is finite supply due to either land shortage in nice areas or more often regulations keeping new homes from being built at all or being built cost effectively.

[Jibartik]

What really makes me sad is when I see like on r/oldschoolcool "my dad buying his first property" and it's like a 25 year old dude standing on a giant empty coastline on a road with no homes on it.

The finite supply issue is brutal and reminds me of a forest.

Nature has a solution to that issue, and if you know me you know I think we're trending towards it. But lets pretend we figure out a way for man to beat nature?

It's crazy to imagine a world that is Tokyo in every direction, but that is inevitable unless we're talking a new wild west in space.

[Whale biologist]

It's crazy to imagine a world that is Tokyo in every direction, but that is inevitable unless we're talking a new wild west in space.

https://i.imgur.com/R9cqk3T_d.webp?maxwidth=640&shape=thumb&fidelity=medium

[Mblake1981]

But usually going down a mountain is faster.

We had classic eq for 2 years and trash for 19 years. Getting pumped for the new FedEx MMO.

[Jibartik]

https://i.imgur.com/R9cqk3T_d.webp?maxwidth=640&shape=thumb&fidelity=medium

Parties flipped lol :D

[Whale biologist]

https://i.imgur.com/xwaX2De.png

[Jibartik]

I knew the reason the left shamed me for voting for the green party was because they wanted to cut down the rainforests.

[unsunghero]

Literally 5-6 calls AND texts EVERY day from big investment companies asking if I would be willing to sell my property in phoenix

At this point I've tried every possible answer. The worst thing you can do is confirm you are the owner but say you are not interested in selling. They have a scripted response to that where they will keep you on the line trying to get more details so they can make you an offer. I was hoping one might say "How about 1 million dollars?" but they are more cagey than that, you'll never get an actual dollar offer on the first call

So that answer is out. My friend/co-worker said what he does is claim to not be the owner. I've tried that excuse, but they have a scripted response to that asking who the owner is and if I know how to get in touch with them

So at this point I've found the best answer to be "I'm not the owner and I'm at work and have to go" and just hang up on them as they are mid sentence with their scripted response

These calls are incredibly annoying especially since I am expecting calls from my home insurance and other services so I can't just ignore every call I don't recognize :(

[Mblake1981]

These calls are incredibly annoying especially since I am expecting calls from my home insurance and other services so I can't just ignore every call I don't recognize :(

Hang the phone up.

[Jibartik]

The phone system in the United States is literally unusable IMO

I too get like 5-10 calls a day.

Just add phones to the long list of things that just have completely decayed in this late great nation.

[unsunghero]

The phone system in the United States is literally unusable IMO

I too get like 5-10 calls a day.

Just add phones to the long list of things that just have completely decayed in this late great nation.

I used to get solicitation for various things on my cell phone (which is technicalLY ILLEGAL according to the FCC “”Placing telemarketing calls to wireless phones is - and always has been - illegal in most cases” https://www.fcc.gov/consumers/guides/wireless-phones-and-national-do-not-call-list). Things like car’s extended warranty, etc

Now it’s just investment corporations trying to buy up and flip all the homes in my state. I don’t get any of the other solicitation since being on the no call list (just the odd completely illegal scams)

Yet it’s still legal for investment companies to harass me every day and eat up my limited talk minutes that I pay for. There was some smart dude who found a way to send them a bill for the time. Man I wish I could figure out how to do that

[Jibartik]

During the first few months of the pandemic I was getting phone calls that were just Chiense recordings.

I was on a walk when I got the first one and was like hoping if it was translated it'd say: "Hello. Please seek shelter. An attack is inbound. Repeat. If you can understand this message, Please seek shelter. An attack is inbound."

edit: changed thinking to hoping.

:p

[Gatordash]

Lol almost 50% of people behind on rent think they are going to get evicted in the next two months according to the newest US Census Bureau Poll.

20% of people behind on mortgage think they are going to get foreclosed on in the next two months.

What's crazy about the foreclosure results is 17% of people polled haven't paid their mortgage in 8 months or more. And the vast majority of those people DO NOT think the bank will foreclose on their home. ...In other words, 63% of people 8+ months behind on mortgage don't think they have anything to worry about.

[Jibartik]

I cant wait to watch the Big Short 2

[cd288]

Make Airbnb illegal, that would help. My house in Utah is $800 a night during ski season

Is it in park city? That seems pretty cheap if so. I’d rent it out from you lol

[unsunghero]

I cant wait to watch the Big Short 2

Hmm I might add a scene from that to my favorite movie scenes

There appears to be a housing bubble in my state but my state is a terrible example to use for the nation

Phoenix is one of the fastest growing countries in the entire USA due to all the Californians (and apparently to a lesser degree New Yorkers) fleeing their state to mine

Supposing Housing bubbles in general are cyclical, so a bust is coming. I don’t foresee another identical big short situation since the last one was built around predatory lending practices that aren’t being done today, such as qualifying people for mortgages they never should have qualified for

[Jibartik]

Phoenix is one of the fastest growing countries in the entire USA due to all the Californians (and apparently to a lesser degree New Yorkers) fleeing their state to mine

This is the BIGGEST red flag for me that we are in a bubble.

Why anyone would move to phoenix is beyond me. Why SO MANY people would move t phoenix that the housing prices skyrocket, is as suspicious as Maricopa county is to Nirgon.

I mean who in the world is like, "I need a better life, I know, Ill move where its 120 half the year and almost everyone tries to get into at least 1 fight a day."

No way. It's a bubble just like Florida was in 2008.

Also, no offence for those of you that chose to live inside the devils anus I just dont think that it makes sense that there are enough of yo out there to flood the market! If there are, then that is a sign of a coming collapse too so win win for me :)

[unsunghero]

This is the BIGGEST red flag for me that we are in a bubble.

Why anyone would move to phoenix is beyond me. Why SO MANY people would move t phoenix that the housing prices skyrocket, is as suspicious as Maricopa county is to Nirgon.

I mean who in the world is like, "I need a better life, I know, Ill move where its 120 half the year and almost everyone tries to get into at least 1 fight a day."

No way. It's a bubble just like Florida was in 2008.

Also, no offence for those of you that chose to live inside the devils anus I just dont think that it makes sense that there are enough of yo out there to flood the market! If there are, then that is a sign of a coming collapse too so win win for me :)

When you’re born there and it’s all you’ve known is no big deal. But ya it’s a shock to the point of killing people unprepared for it

It’s only completely brutal for these months (ex: it’s like 105 still out now in September), but around Halloween to spring it’s really nice out

We have a low cost of living too which is attractive for some. Although I get the same breakfast foods (always takeout at work) for years so I have memorized the prices, and those have all gone up 1-1.5$ in the past few weeks

This restaurant that I’ve been getting breakfast at for years was the only one to tell me since I’m friends with the owner. She said “sorry we gotta charge you $1.00 more, we’ve had to raised prices or we’d go out of business. Meat costs like 5 times what it used to now”

So cost of living going up. I just got a 6% raise and it’s barely covering it

[Jibartik]

"its not that bad if you're used to it!"

https://i.imgur.com/Wj4NQ8Y.png

of course that's what your bank account looks like in california, so potatos patatos.

[cd288]

When you’re born there and it’s all you’ve known is no big deal. But ya it’s a shock to the point of killing people unprepared for it

It’s only completely brutal for these months (ex: it’s like 105 still out now in September), but around Halloween to spring it’s really nice out

We have a low cost of living too which is attractive for some. Although I get the same breakfast foods (always takeout at work) for years so I have memorized the prices, and those have all gone up 1-1.5$ in the past few weeks

This restaurant that I’ve been getting breakfast at for years was the only one to tell me since I’m friends with the owner. She said “sorry we gotta charge you $1.00 more, we’ve had to raised prices or we’d go out of business. Meat costs like 5 times what it used to now”

So cost of living going up. I just got a 6% raise and it’s barely covering it

Some of the meat expense may just be temporary due to the lack of transport drivers

[Jibartik]

There is a lack of transport drivers because they have leverage to ask for more money. It is not temporary.

[Jibartik]

I wonder what type of effect this is going to have.

China's second largest property developer Evergrande is on the verge of defaulting. Evergrande has over $300 BILLION in debt and has resorted to paying its paint supplier in-kind with apartments. Retail investors and apartment buyers protest at Evergrande HQ, "Evergrande return our money".

https://www.reddit.com/r/PublicFreakout/comments/po0ks4/chinas_second_largest_property_developer/?utm_source=share&utm_medium=web2x&context=3

[cd288]

There is a lack of transport drivers because they have leverage to ask for more money. It is not temporary.

Meh that’s debatable. There will always be people willing to do the job in the long run

[unsunghero]

Meh that’s debatable. There will always be people willing to do the job in the long run

I hadn’t heard of this transport driver shortage. I don’t completely understand how everyone is so short-staffed these days

Ok, unemployment was more than people were making before, but hasn’t unemployment run out for most?

My work agency is offering bonuses to anyone who refers someone who ends up getting hired. So if I refer someone and they get hired, I get like $1000. That’s how short staffed we are too

In fact, I could probably call my boss right before my shift tomorrow and say “hey I’m not coming in today ya cunt”, and she’d probably say “ok but please come in tomorrow and I don’t like that language btw” and that would be the worst they would do to me about it. I’m kidding, but yeah we are desperate like everywhere else…

[Jibartik]

I hadn’t heard of this transport driver shortage. I don’t completely understand how everyone is so short-staffed these days

Ok, unemployment was more than people were making before, but hasn’t unemployment run out for most?

My work agency is offering bonuses to anyone who refers someone who ends up getting hired. So if I refer someone and they get hired, I get like $1000. That’s how short staffed we are too

In fact, I could probably call my boss right before my shift tomorrow and say “hey I’m not coming in today ya cunt”, and she’d probably say “ok but please come in tomorrow and I don’t like that language btw” and that would be the worst they would do to me about it. I’m kidding, but yeah we are desperate like everywhere else…

v15Eh7FuQEs

[Gatordash]

Some of the meat expense may just be temporary due to the lack of transport drivers

The Whitehouse blamed it on meat companies last week not drivers. I remember watching it, they said something like how there are only 5 major chicken distributers and that those 5 big corporations are the reason meat prices are increasing. Meanwhile 6 months ago they were shitting on these people for going to work and spreading covid instead of staying at home.
https://www.businessinsider.com/why-are-meat-prices-high-monopoly-inflation-white-house-report-2021-9

[Jibartik]

Do you think this Christmas Jimmy Kimmel will do one of those prank skits where kids get crappy Christmas gifts, but this year the kids dont get gifts at all because of the supply chain breakdown and then the parents lecture them about voting for democrats and then everyone laughs when they give them the real gifts because these are all super white privleged people?

[Gustoo]

Ya probably.

Rich doing great. Its obvious. Dem / Rep all cucked out to big bucks, who is thriving. There is no shortage of anything except human empathy for other humans, especially from the rich who do a lot of mental gymnastics to rationalize their over abundance.

Love your neighbor

[Jibartik]

Ya probably.

Rich doing great. Its obvious. Dem / Rep all cucked out to big bucks, who is thriving. There is no shortage of anything except human empathy for other humans, especially from the rich who do a lot of mental gymnastics to rationalize their over abundance.

Love your neighbor

It's OK someone wore a dress that said let them eat cake or something to a rich and famous party so we're on the track to recovery!

[Jibartik]

The price of lunch went from $15-$18 in one year in Canada https://www.bnnbloomberg.ca/statistics-canada-set-to-report-august-inflation-figures-1.1652476

Booming few years for the economy this all makes sense!

[Gatordash]

Having the government loan everyone money to get a college degree seems to be going well...

15663

TheCollegeInvestor.com (https://thecollegeinvestor.com/14611/average-net-worth-millennials/)

[Jibartik]

Haha that's OK inflation is going up up UP!

All the distress in the country is because of racism.

:o

[starkind]

The price of lunch went from $15-$18 in one year in Canada https://www.bnnbloomberg.ca/statistics-canada-set-to-report-august-inflation-figures-1.1652476

Booming few years for the economy this all makes sense!

The problem with modern economic systems is that prices cannot really ever go down.

[Gatordash]

I guess I can't say much since I didn't pay off all my loans until about two months ago and I'm 35.

[Jibartik]

The problem with modern economic systems is that prices cannot really ever go down.

checks out because even during a pandemic we get record growth. :(

It's almost like the actual people are not even a factor with this new economic system we have created.. Hmm

[Jibartik]

End is nigh! woohoo!

[Gatordash]

The problem with modern economic systems is that prices cannot really ever go down.

All you need is your own central bank then you too can print as much money as you like to never pay back!

https://www.fraserinstitute.org/studies/primer-on-modern-monetary-theory

[Bardp1999]

*sips beverage from luxury home*

click

[Whale biologist]

All you need is your own central bank then you too can print as much money as you like to never pay back!

https://www.fraserinstitute.org/studies/primer-on-modern-monetary-theory

this gets a bump. MMT is the thesis by which "The Squad"(tm) and other meme leftists operate.

Let's argue about it.

[starkind]

how many of u actually own a home, i should make a thread with a poll lol home and price of home u own

[Gatordash]

I own a home and would like to upgrade to a bigger home in the 600-700k range but I’m coming to the realization I will have to pay 700+ which is why I complain and post in this thread a bunch.

[unsunghero]

I own a home and would like to upgrade to a bigger home in the 600-700k range but I’m coming to the realization I will have to pay 700+ which is why I complain and post in this thread a bunch.

My ma had to line up selling her home with buying a new one (her sis is living with her so she needed more room), and AFTER she accepted an offer on hers, the person selling my ma their home backed out

Apparently they were having a new home built but due to price increases on materials like lumber they ran out of funds, so they couldn’t sell their home anymore since they had no where to move to. Her real estate agent says this has been happening a lot for anyone trying to have a home built. Whatever funds they allocated to build the home is no longer able to cover the costs

It was a bit of a nightmare for her. She sold hers and had to move into mine for a few weeks. I kept telling her that now she is going to settle for the first thing she can find due to the situation but she said she didn’t want to back out of her sale because having cash in hand available to put down on a new home was a better position than doing one of those buys contingent on selling hers. Luckily after a few weeks at mine she found a nice new home, bought it, and I helped her move in these past few weekends

But ya it was kind of a nightmare process. Buying a new car is a nightmare now too I learned (the hard way)

[Jibartik]

https://i.imgur.com/yP46NgC.png

[Gatordash]

https://i.imgur.com/yP46NgC.png

Damn PEDs are killing me.

[Bardp1999]

I own a home and would like to upgrade to a bigger home in the 600-700k range but I’m coming to the realization I will have to pay 700+ which is why I complain and post in this thread a bunch.

I paid 385 for my home 2 years ago and its worth over 500k on Zillow which means I can probably sell it for 585 if I wanted with how Texas is right now. 100k a year return on investment so far.

The problem is if I sell I have to buy a super inflated home or move to the boonies.

A 500k house in Texas is also like a 1.5 million dollar home in a lot of the USA

[Jibartik]

Let me guess you dont make anywhere near 185k a year because that's how much your dad would have made to afford the same house in his day.

[Homesteaded]

Owning a large home is perhaps the most overrated aspect of the American Dream. It puts distance between family members, takes a lot to maintain and you will fill the space with shit you don’t need.

[Tunabros]

I have no clue how buying houses work

No one taught me this stuff

[unsunghero]

I have no clue how buying houses work

No one taught me this stuff

It’s confusing for me too

A mortgage is just like a really large loan, is the way to look at that. I’m order to qualify for a big one, one needs to have decent-good credit. The way to get good credit is to borrow money via loans or credit cards and be Johnny-on-the-spot with making payments, or else the serious people just put a large sum on a card and then immediately pay it off

You normally need to put down 20% of the home price as a down payment, which is out of reach of juuuust about everyone. Luckily the government offers a one time First Home Buyer (FHA) loan where you only have to put down 3.5% of the price. These are basically the only way most people could ever get their first house

But it’ll cost you in the long run, it’s not free money. If you put down less than 20% down payment, you will have to pay an additional interest payment each month until you get to above 20% down (technically you need to still re-finance which is essentially selling the mortgage to a different lender at a lower insurance rate and payment, ignore this though if this is sounding too complicated)

You need to get a real estate agent to make an offer on a home, and if it’s accepted, it goes to an inspection period where an appraiser makes sure it’s actually close to the value of its price. You and your real estate agent get the inspection report, and decide based on it if you still want to buy, and what repairs you want to see done before you buy. The repairs don’t have to be actually done, if not, then the cost of the repair would be taken out of the price. If you accept then it goes to a closing date where the title is transferred via a title company

The handy thing is, things like home insurance and property taxes are bundled right into the mortgage. So it’s just one thing you have to pay each month

The TLDR: Do an FHA loan to only have to put 3.5% down, then re-finance once you get to having paid 20% down (will take a number of years unless you come into extra money), to get the monthly payment hundreds of dollars lower (usually)

[Homesteaded]

A home is an investment. It’s not a purchase like a car.

Home ownership is not out of reach, it’s out of reach for people who make poor choices.

[Mesocyclone]

How did Phil Collins know the Son of Man would learn to not care anymore.

xLpfbcXTeo8

I dont care which way the wind blows. If its a still blue sky or an F5 tornado. I don't care. If it's an F5 i'll chase it and send the video to every major outlet for cash. More destruction the better.

Father Time - Destroyer of All

[Jibartik]

I have no clue how buying houses work

No one taught me this stuff

Save 2-5 times your yearly salary, take out a loan for 10 to 15 times you’re at yearly salary.

Tell everyone it’s great!

[starkind]

Earn money in an inflated economy. Move to a smaller one and defend everything with a private army you pay pennies for while manipulating the smaller economy.

shutup

why are you posting


don't listen to them!



Jibartik. You don't need to do anything or prove anything.



or change anything


Thanks for telling us tho!

[unsunghero]

A home is an investment. It’s not a purchase like a car.

Home ownership is not out of reach, it’s out of reach for people who make poor choices.

Wasn’t meaning home buying was out of reach, I was saying having 20% of a home’s price in saved cash is out of reach for the typical American. I was working a 50k/yr job and didn’t have nearly close to that when I bought my home

Most Americans are only going to be able to do the FHA 3.5% down. For me to have put 20% down that means for my home I would have needed to have $70,000 in savings. Not gonna happen

I did an FHA with $1.2k/mo mortgage which initially I had a co-worker as roommate to help with affording the mortgage (charged him only $500/mo rent). After the roommate moved in with his gf after they bought a home, I had my cousin, his gf, and their 3yr old daughter move in and changed them $700-mo. Then after I had paid 20% of the value I re-financed to 900/mo payments and now live alone because I can afford to

This is a fairly typical expectation for a middle class home buyer experience. It really helps to have a roommate (or 2) already lined up to help with the payments before getting saddled with a mortgage, especially when needing to pay mortgage insurance initially

[booter]

Most people I know who have purchased recently have only done 5% down payments, not 20%.

We saved for ~4-5 years to make our 5% down payment in a very HCOL area.

It's a standard mortgage, not FHA, but yes we do pay ~$55 a month in PMI (mortgage insurance) until we reach the 20% loan-to-value threshold.

[unsunghero]

Also, when it comes to roommate selection before buying a home, it’s best to look to either co-workers, friends, or family that you already know and trust to be reliable, rather than randoms from the internet

My friend/co-worker only had randoms from the internet as roommates in his condo. Multiple ones started to be late with payments, then miss payments “sorry man it’s been a hard month, can I just pay you next month?”, and then that same excuse came next month. So he had to evict them because you can’t just legally say get the F out

Then he described what he thought was the dream scenario, finding an attractive (his standards are pretty low tho) single girl his age who moved in. They eventually started hooking up. Shortly thereafter she said to him “ok since we’re a couple now I don’t think I should have to keep paying full rent, or any rent really”. To which he replied “we’re not a couple and I need the money or can’t pay the mortgage”. So she replied “oh ok we’re not a couple”, then stopped hooking up with him and started (loudly) hooking up with other guys in his condo when he was there

So based on his horror stories, I only went after co-workers, friends, or family for roommates with all good experiences :)

[Gatordash]

Also, when it comes to roommate selection before buying a home, it’s best to look to either co-workers, friends, or family that you already know and trust to be reliable, rather than randoms from the internet

My friend/co-worker only had randoms from the internet as roommates in his condo. Multiple ones started to be late with payments, then miss payments “sorry man it’s been a hard month, can I just pay you next month?”, and then that same excuse came next month. So he had to evict them because you can’t just legally say get the F out

Then he described what he thought was the dream scenario, finding an attractive (his standards are pretty low tho) single girl his age who moved in. They eventually started hooking up. Shortly thereafter she said to him “ok since we’re a couple now I don’t think I should have to keep paying full rent, or any rent really”. To which he replied “we’re not a couple and I need the money or can’t pay the mortgage”. So she replied “oh ok we’re not a couple”, then stopped hooking up with him and started (loudly) hooking up with other guys in his condo when he was there

So based on his horror stories, I only went after co-workers, friends, or family for roommates with all good experiences :)
I hooked up with my wife and had two kids so now I gotta spend a bunch of money on a bigger house.

[Jibartik]

When a home becomes everything that a family owns it's kind of like saying the american dream is to work off your debt.

Ouch?