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Old 07-25-2022, 09:03 AM
 
1,108 posts, read 529,491 times
Reputation: 2534

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My REIT will buy up all those houses at a deep discount and rent them out for a huge profit then pay me a fat dividend each month. Works for me.
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Old 07-25-2022, 01:29 PM
 
Location: The Woods
18,358 posts, read 26,510,277 times
Reputation: 11351
Quote:
Originally Posted by Chas863 View Post
No problem. If they don't want to work, then they shouldn't ask for or get any welfare, food stamps, or the like.

However, that IS the problem with most of these people. They refuse to work, but still expect the government, i.e. the taxpayers, to support them.
I think the actual problem is that big corporations expect the government to pick up the tab via social programs, allowing them to pay employees less than they need to live, enabling greater profits. The taxpayers are subsidizing corporate profits.
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Old 07-25-2022, 01:45 PM
 
22,665 posts, read 24,619,009 times
Reputation: 20347
All those free-rides during the height of covid, hard to give-up the free-rent gravytrain.
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Old 07-25-2022, 03:41 PM
 
Location: Living rent free in your head
42,850 posts, read 26,307,990 times
Reputation: 34059
Quote:
Originally Posted by Grlzrl View Post
I would try to explain to you why Democrats caused the rent increases but I am too tired to bother. It's clear you are entrenched in your Bernie Sanders socialism mentality. It's sad that even when the economy is going to shi$ because of those policies, you still won't see it.
Don't bother...and FYI I can't stand Bernie Sanders so it would be wise for you to quit passing judgment on people you don't even know.
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Old 07-25-2022, 04:52 PM
 
Location: NC
3,444 posts, read 2,821,621 times
Reputation: 8484
Quote:
Originally Posted by Grlzrl View Post
I would try to explain to you why Democrats caused the rent increases but I am too tired to bother. It's clear you are entrenched in your Bernie Sanders socialism mentality. It's sad that even when the economy is going to shi$ because of those policies, you still won't see it.
You mean when Trump enacted the eviction moratorium that allowed people to skip paying rent and then the landlords, once able to collect again, jumped the rents a ridiculous amount? Yeah, that. Nice try though.

https://www.usatoday.com/story/news/...ic/5686402002/
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Old 07-25-2022, 04:54 PM
 
Location: USA
2,872 posts, read 1,151,678 times
Reputation: 6487
Jobs everywhere. These deadbeats need to get back to work, period.
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Old 07-25-2022, 05:14 PM
 
Location: Free State of Florida
25,777 posts, read 12,840,301 times
Reputation: 19350
Quote:
Originally Posted by arctichomesteader View Post
I think the actual problem is that big corporations expect the government to pick up the tab via social programs, allowing them to pay employees less than they need to live, enabling greater profits. The taxpayers are subsidizing corporate profits.
The Dems profit from that evidently.
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Old 07-25-2022, 05:43 PM
 
27,660 posts, read 16,151,349 times
Reputation: 19081
Add- Property tax. Millions of illegal aliens, refugees.
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Old 07-25-2022, 05:45 PM
 
Location: Southeast US
8,609 posts, read 2,311,191 times
Reputation: 2114
Quote:
Originally Posted by moneill View Post
I bet it is really high.

Anecdotal but along those lines. We were fortunate to have our kids in good schools...mainly upper middle class but some diversity. Talking to teachers about the parents who didn't 'chip in' for class trips, class parties, etc.....they overwhelmingly said it was the wealthier parents that didn't cough up the funds.

Why? Because they knew their kids would not be denied. They knew that the school (PTA had a fund) would pay so all kids could participate .

So no doubt many people abused the rental programs implemented by the this and the last administration.
while a terrible analogy, that's most likely the liberal parents

they are, after all, the ones who will push for "free lunch for all students" for a variety of reasons, none of which have to do with whether they can afford their kids' lunch or not.

Generally and anecdotally, the tenants who were good payers and kept their job in the pandemic continued to be good payers.
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Old 07-25-2022, 05:53 PM
 
Location: Southeast US
8,609 posts, read 2,311,191 times
Reputation: 2114
Quote:
Originally Posted by beach43ofus View Post
Because 12,000,000 American workers have left the workforce permanently. The labor force participation rate has sunk like a rock.

Next question please.
your number is way off. The LFPR is an issue, but the number is closer to 3MM.
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