Where is the answer to this mess?

Discussion in 'Political Opinions & Beliefs' started by spiritgide, Oct 13, 2021.

  1. roorooroo

    roorooroo Well-Known Member Donor

    Joined:
    May 14, 2017
    Messages:
    2,612
    Likes Received:
    2,745
    Trophy Points:
    113
    Gender:
    Male
    crank likes this.
  2. roorooroo

    roorooroo Well-Known Member Donor

    Joined:
    May 14, 2017
    Messages:
    2,612
    Likes Received:
    2,745
    Trophy Points:
    113
    Gender:
    Male
    I am willing to bet that the owners of rental property factor the upkeep and property taxes into what they charge for rent. Surely the owners are smart enough to do that... or do you think they lose money each year on their rental properties?
     
    crank likes this.
  3. Cybred

    Cybred Well-Known Member

    Joined:
    Jul 11, 2020
    Messages:
    6,915
    Likes Received:
    2,577
    Trophy Points:
    113
    Gender:
    Male
    No it doesn't.
     
    WillReadmore likes this.
  4. Cybred

    Cybred Well-Known Member

    Joined:
    Jul 11, 2020
    Messages:
    6,915
    Likes Received:
    2,577
    Trophy Points:
    113
    Gender:
    Male
    So?
     
  5. WillReadmore

    WillReadmore Well-Known Member

    Joined:
    Nov 21, 2013
    Messages:
    42,767
    Likes Received:
    11,374
    Trophy Points:
    113
    The problem is that people need to live near where their jobs are.

    It is YOU who suggests those in poverty are trying to buy property - not me.

    I'm the one that is pointing out that those people may have dreams of owning property, but for most it is pure fantasy.
     
  6. WillReadmore

    WillReadmore Well-Known Member

    Joined:
    Nov 21, 2013
    Messages:
    42,767
    Likes Received:
    11,374
    Trophy Points:
    113
  7. WillReadmore

    WillReadmore Well-Known Member

    Joined:
    Nov 21, 2013
    Messages:
    42,767
    Likes Received:
    11,374
    Trophy Points:
    113
    Having a mortgage on a home includes more than payment on the principle.
    - interest
    - insurance on the home required by the mortgage company
    - property taxes
    - upkeep that, for an apartment renter, would be covered by the landlord (plumbing, heating, roof, water, electricity, etc.,)

    Plus, those with low paying jobs often can't count on living in one place for the number of years required to break even on owning a home. They may also have more irregularity in their income.

    This whole idea of "buy a home if you're living paycheck to paycheck" is just plain STUPID.

    And, NOBODY is claiming anybody is owed anything. That is a pathetic bit of right wing propaganda with NOTHING to support it.
     
    Last edited: Oct 22, 2021
    dairyair likes this.
  8. crank

    crank Well-Known Member

    Joined:
    Jan 20, 2013
    Messages:
    47,378
    Likes Received:
    14,235
    Trophy Points:
    113
    Ah yes .. that other old chestnut in the myriad 'reasons' why it's better to throw away a million bucks, than spend $50k on an investment.

    Dude, the lies you tell yourself to avoid it only carry weight to you. Everyone else knows that upkeep costs are much lower than rent.
     
    roorooroo likes this.
  9. crank

    crank Well-Known Member

    Joined:
    Jan 20, 2013
    Messages:
    47,378
    Likes Received:
    14,235
    Trophy Points:
    113
    That might be true where you live, but where I live $1800 a month would be 'affordable housing'.

    More importantly, even if you only pay out $270,000 over a lifetime (and I'm not sure how you concluded that people only pay rent for 45 years .. but I guess you needed to make it seem less?), that could have bought you five houses outright. That $270,000 will also translate to a million dollars for your landlord due to capital appreciation etc. That's a million dollars that YOU could have earned from property.
     
  10. crank

    crank Well-Known Member

    Joined:
    Jan 20, 2013
    Messages:
    47,378
    Likes Received:
    14,235
    Trophy Points:
    113
    I know people on welfare who live like kings. Want to know why? Because they OWN their home and don't have to pay rent.
     
  11. crank

    crank Well-Known Member

    Joined:
    Jan 20, 2013
    Messages:
    47,378
    Likes Received:
    14,235
    Trophy Points:
    113
    I have relatives still doing that in their 50's. They started paying rents at around age 20, and none pay less than $2000 a month. Think about what that could have bought even after 30 years .. then consider they'll keep doing it for another 30 years. Doh!
     
    roorooroo likes this.
  12. crank

    crank Well-Known Member

    Joined:
    Jan 20, 2013
    Messages:
    47,378
    Likes Received:
    14,235
    Trophy Points:
    113
    SO DON'T USE A MORTGAGE ffs. Pay cash.
     
    Last edited: Oct 22, 2021
  13. crank

    crank Well-Known Member

    Joined:
    Jan 20, 2013
    Messages:
    47,378
    Likes Received:
    14,235
    Trophy Points:
    113
    UNEMPLOYED people can live anywhere.

    No, you're trying to argue the difficulty for low income people trying to buy property in freaking SEATTLE. As though that's where poor people seek to buy.

    Dreaming of owning property in EXPENSIVE COASTAL CITIES is strictly a dream for 99% of humanity. But 99% of us are not foolish enough to make that a reason to never buy property.
     
  14. spiritgide

    spiritgide Well-Known Member Donor

    Joined:
    Mar 25, 2016
    Messages:
    14,807
    Likes Received:
    11,592
    Trophy Points:
    113
    Gender:
    Male

    You obviously missed the part where I asked you to THINK about this.
    But we're used to denial being the escape hatch for the left. No surprise.
     
    roorooroo likes this.
  15. dairyair

    dairyair Well-Known Member

    Joined:
    Dec 20, 2010
    Messages:
    62,372
    Likes Received:
    13,151
    Trophy Points:
    113
    45 yrs would put one about 65 yrs old. So if you want to add more years go for it. At $500/mo it's $6000/yr.
    Most on welfare are living in low rental places, perhaps even subsidized based on the income they get. Here in most of the USA.
     
  16. dairyair

    dairyair Well-Known Member

    Joined:
    Dec 20, 2010
    Messages:
    62,372
    Likes Received:
    13,151
    Trophy Points:
    113
    OK, I own several homes, so I don't disagree that owning homes is a good thing for most. But many just can't do it. Or have tried and lost it.
     
  17. Lil Mike

    Lil Mike Well-Known Member

    Joined:
    Aug 4, 2011
    Messages:
    39,268
    Likes Received:
    14,561
    Trophy Points:
    113
    Since that's just an estimate, I think it's way to high. There are some employed high tech workers in places like Mountain View and San Francisco who actually end up living in campers or some such because rents are sky high in those areas, but as a percentage of the homeless population, I imagine the true percentage is miniscule, not 25%.
     
    roorooroo likes this.
  18. Cybred

    Cybred Well-Known Member

    Joined:
    Jul 11, 2020
    Messages:
    6,915
    Likes Received:
    2,577
    Trophy Points:
    113
    Gender:
    Male
    Nothing's being thrown away.
     
  19. Cybred

    Cybred Well-Known Member

    Joined:
    Jul 11, 2020
    Messages:
    6,915
    Likes Received:
    2,577
    Trophy Points:
    113
    Gender:
    Male
    And it STILL doesn't.
     
  20. spiritgide

    spiritgide Well-Known Member Donor

    Joined:
    Mar 25, 2016
    Messages:
    14,807
    Likes Received:
    11,592
    Trophy Points:
    113
    Gender:
    Male

    Of course it does. The childish "Did not! Did not!" crap doesn't cut it in the grown-up world.
     
    roorooroo likes this.
  21. Cybred

    Cybred Well-Known Member

    Joined:
    Jul 11, 2020
    Messages:
    6,915
    Likes Received:
    2,577
    Trophy Points:
    113
    Gender:
    Male
    And STILL doesn't, but facts don't matter to you.
     
  22. scarlet witch

    scarlet witch Well-Known Member Past Donor

    Joined:
    Feb 26, 2016
    Messages:
    11,942
    Likes Received:
    7,704
    Trophy Points:
    113
    Gender:
    Female
    Yes that is called globalism...it has gutted the western world and exploited the rest
     
    crank likes this.
  23. spiritgide

    spiritgide Well-Known Member Donor

    Joined:
    Mar 25, 2016
    Messages:
    14,807
    Likes Received:
    11,592
    Trophy Points:
    113
    Gender:
    Male

    The left doesn't believe facts exist.
     
  24. crank

    crank Well-Known Member

    Joined:
    Jan 20, 2013
    Messages:
    47,378
    Likes Received:
    14,235
    Trophy Points:
    113
    Are you planning to have all renters executed at age 65? Or are you using that end point to avoid addressing the retirement (ie no income) years during which renters still have to keep paying rent?
     
  25. WillReadmore

    WillReadmore Well-Known Member

    Joined:
    Nov 21, 2013
    Messages:
    42,767
    Likes Received:
    11,374
    Trophy Points:
    113
    So, homeless people should pay cash for a house!!!

    LOL!!!
     

Share This Page