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Well, after all the 2009-2011 years were the best to buy RE in a generation. As usual hindsight is 20-20 but this was the time to make your move. It sure was difficult as going against a chorus of doomers and tight credit.
Well, after all the 2009-2011 years were the best to buy RE in a generation. As usual hindsight is 20-20 but this was the time to make your move. It sure was difficult as going against a chorus of doomers and tight credit.
The people who got in the years from 2009 to 2014 or so, especially in California, are going to do well in the coming years.
Well, after all the 2009-2011 years were the best to buy RE in a generation. As usual hindsight is 20-20 but this was the time to make your move. It sure was difficult as going against a chorus of doomers and tight credit.
Also the best time to buy stocks. Your portfolio could have returned 100%-200% by now. Does it come as anyone's surprise that a recession is the best time to buy anything but bonds?
I prefer solutions that don't turn neighborhoods into high density slums.
I've proposed many solutions but for every one, you have 10 excuses.
You prefer imposing your standards on poor people and thereby stealing money from them in the form of exorbitant rents? On one hand you say they should live below their means, on the other hand you want to jack up the costs required for them to live.
03-16-2015, 10:41 PM
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n/a posts
Quote:
Originally Posted by freemkt
You prefer imposing your standards on poor people and thereby stealing money from them in the form of exorbitant rents? On one hand you say they should live below their means, on the other hand you want to jack up the costs required for them to live.
No one is stealing money from you. You simply don't have the income to live in the places you want to live. The solution to that is simple - get a job instead of whining all day on the internet.
But since we're on the subject of stealing, why do you think you should be able to come in to my neighborhood and set up a slum next door to my house? How is lowering your neighbors' property values not stealing in your world? Oh right, it's because you feel entitled. You feel that everyone else owes you something and everyone around you should have to give up piles of equity accumulated through the years just so you can have what you want without having to work for it.
No one is stealing money from you. You simply don't have the income to live in the places you want to live. The solution to that is simple - get a job instead of whining all day on the internet.
But since we're on the subject of stealing, why do you think you should be able to come in to my neighborhood and set up a slum next door to my house? How is lowering your neighbors' property values not stealing in your world? Oh right, it's because you feel entitled. You feel that everyone else owes you something and everyone around you should have to give up piles of equity accumulated through the years just so you can have what you want without having to work for it.
That's an interesting concept. There are people where I live planning tiny houses to rent for $400-$600 a month. Since I'm paying $500 a month to rent a room in an 8-person house, it's hard to argue that I can't afford to live in a $400 tiny house.
I have a job, which pays poorly, and would rather work for myself as an online reseller. I can't do that in my current living situation, but could do it in a tiny house. The added income would be a bonus.
I'm not trying to move into your neighborhood, only to live affordably where I already live. And I just looked up the definition of slum, I'm not talking about squalid and overcrowded. How would I lower my neighbors' property values? And what right do they have to increase my property values?
Thomas Sowell has demonstrated that zoning redistributes income from renters to owners. Do you dispute that? Do you understand economics better than he? If that is not stealing, what do you call it?
go to a trailer park , simple answer. that is why they have them. i certainly don't wan't my neighborhood look to like cambodia with tiny shacks all over filled with people who can't afford regular size homes..
go to a trailer park , simple answer. that is why they have them. i certainly don't wan't my neighborhood look to like cambodia with tiny shacks all over filled with people who can't afford regular size homes..
But you're okay with regular size homes stuffed with 8-10 people who struggle to pay exorbitant rents?
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