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#571
11-23-2011, 02:21 AM
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#575
11-23-2011, 03:45 AM
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Man, the spin factor in the past couple pages is pretty insane. Somehow, the guy with a steady job, a house, and a family is the unstable one, whereas the guy living in Texas with no property, no lease, and a sports car is "successful".
No property of your own and no lease means you're on your ass at someone's else's whim. The minute they want their home back, you need to move on. Even most college kids living in dorms have more stability than that. Maybe that's fine with you now, but that's likely because you don't have a family. And maybe not having a family is cool for you. For most stable adults, a wife and kids are desirable. And for most wives and kids, housing stability is a necessity. You seem to pick certain criteria (lack of debt, lack of financial obligations) and determine that those are the criteria which everyone should value. That's not how the world works. For as much as you value your ability to pick up and leave your housing situation, some -- many, in fact -- would prefer the permanence that comes with owning a home with an affordable mortgage payment. For as much as you apparently value your ability to leave your job, your city, and your home on a moment's notice, most people don't really want to leave their job, their city, or their home. They'd rather keep those things and start a family. Most people find a job they like, in a city they like, start a family they like, and then buy a home they like. So long as they can maintain their living conditions by meeting the mortgage, they're happy. Moreover, once the mortgage is paid off, they own a home. It's an investment like any other. When they are ready, they can sell. Or they can retire there. Someone that has spent his life renting better have a nice savings balance if they want to retire at a reasonably young age. Social security is basically fool's gold at this point, and if you retire at 65, you're looking at -- who knows? -- another 20 years of rent. Not a lot of people save enough money to cover 20 years of rent + living expenses. And for what it's worth, I know what team leads at BoA make, and it's not nearly enough to act like you've got it all figured out. On that type of salary, you will absolutely need to take out loans if you want to own a quality home in the future. If you don't, that's fine -- but that's a personal preference that most don't share. | ||
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#577
11-23-2011, 08:29 AM
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It's just more fallacies and dick waving from another fuddy-duddy conservative or libertardian.
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#578
11-23-2011, 10:25 AM
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I am a lurker. First time RnF post for me! be gentle!
The past 9 pages of this thread make my eyes bleed. OWS isn't just in wall-street it is in in 951 cities in 82 countries. This protest is MASSIVE. The global economy is failing. Its that easy. NOW WHAT THE FUCK ARE WE GOING TO DO?!?!?!?!? The greed of the past 2 generations (WORLD WIDE) has fucked most people because in about 10 or so years we will hit a global depression if we do not fix shit.That is not really a disputed fact among leading economists. So now its not some much overthrow the government more so OH MY GOD WHAT THE HELL ARE WE GONNA DO. much like when your parents find an ounce of weed in your room. The protest is a little lacking in terms of message but i think it has done a good job on drawing attention to the issue. PS <3 HBB | ||
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#580
11-23-2011, 11:48 AM
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