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Hey. We don't need less welfare, we need more!!! Give, give, and give more. So they can take their welfare cards and pay for strippers and alcohol. It's THEIR right. Ask a socialist...
LOL! More after effects of the debt-fueled crisis that lax and corrupt regulators and legislators left us with. And as usual they hyperbole is dramatic, and over dramatized. What happened to all the 'free-marketer's'??? The market has determined that the "fictional" home that the OP is fretting over...is no where near that value and is setting a new equilibrium point that will reset all property values. Not set by the government, not set by the regulators, but by the market. The investor in the story is the prime example. Ahhh, the economic free market at work. What a beautiful thing.
LOL! More after effects of the debt-fueled crisis that lax and corrupt regulators and legislators left us with. And as usual they hyperbole is dramatic, and over dramatized. What happened to all the 'free-marketer's'??? The market has determined that the "fictional" home that the OP is fretting over...is no where near that value and is setting a new equilibrium point that will reset all property values. Not set by the government, not set by the regulators, but by the market. The investor in the story is the prime example. Ahhh, the economic free market at work. What a beautiful thing.
wtf are you talking about?!
This is government subsidizing houses for rent! I cannot believe you are trying to turn this crap around and blame the free market... that is just as ridiculous as section 8 renters themselves.
This is government subsidizing houses for rent! I cannot believe you are trying to turn this crap around and blame the free market... that is just as ridiculous as section 8 renters themselves.
Bottom line is three participants are to blame. The renter, the landlord and the Government for allowing this. All have a hand in this corruption, I mean no one can tell me a mother of seven on public assistance should get a home for $1,800 where they only pay $400. The taxpayers are getting reamed.
Bottom line is three participants are to blame. The renter, the landlord and the Government for allowing this. All have a hand in this corruption, I mean no one can tell me a mother of seven on public assistance should get a home for $1,800 where they only pay $400. The taxpayers are getting reamed.
The renter is getting something for free. No skin off his nose.
The landlord is getting a garunteed income from the feds. No skin off his nose either.
The .gov however is willingly giving out money, without a concern for the common person paying their taxes.
We had one lady getting paid $800/week for housing her and her 4 kids from 3 different fathers. Her monthly housing expenditure is as much as my wife and I pay ourselves for a mortgage!
This is government subsidizing houses for rent! I cannot believe you are trying to turn this crap around and blame the free market... that is just as ridiculous as section 8 renters themselves.
LOL! the faux outrage and disbelief that the free market has spoken is too funny.
Sure wish the gubmint would pay $1400 a month rent for me..........hell I wish they'd pay my rent period (it's less than half that so it'd be a bargain)
and anyone that can afford $700 a month rent should be renting privately - that recipient only has 2 kids fgs.....
LOL! the faux outrage and disbelief that the free market has spoken is too funny.
It has nothing to do with the "free market" when the government (read with taxpayer's money cos they have none of their own) is subsidising these people.
A true free market would be them renting what they can AFFORD. For the TRULY needy give them a one time "first and last/sec deposit" gift to get them into decent housing, then they're on their own.
The government has an obligation to the taxpayer to put these homes back up for sale to the highest bidder, not the lowest. The taxpayers have a loss to recover and turning repossed homes into section 8 housing is not the way to maximize the return on losses.
Barney Frank is such a slimeball. This is exactly why he came out for ending Fannie Mae. He had a more corrupt way to redistribute wealth via housing up his sleeve.
Call you Congress Critters and speak very LOUDLY so they can hear you.
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