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Good grief. What does “Eliminate exclusionary zoning and harmful land use policies. For decades, exclusionary zoning laws – like minimum lot sizes, mandatory parking requirements, and prohibitions on multifamily housing” mean to you?
Once again single family housing isn’t getting eliminated, but it’s exclusive zoning is. What’s so hard to comprehend?
It means nothing! It is simply rhetoric and dog whistles. There are no statutes that do what you purport them to do and no current legislation that I can find that does.
Not a single thing you cite, even if they were actually enacted into a law would require any municipality or other government entity to eliminate single family housing.
Why is that so hard to understand and why is it so important for you to make the same unfounded claims over and over?
I'm pissed that Wall Street crashed the housing market, got bailed out, and then bought a ton of houses to rent out. That's just backwards and repugnant.
That excerpt said nothing about prohibitions on single family housing. Allowing both multi family homes and single family in the same area is not contradictory. A single family home by itself doesn't prohibit multi-family. Zoning laws saying "not zoned for multi-family" is prohibitory.
Judging by tent cities in cities across America, maybe there are certain areas that need more multi-family, so they are trying to address it.
The "need" is being bused here from our open borders supported by you.
You continue to make claims that you cannot support. Show what you claim is "specifically" included. "R1" is not a federal designation. If you were correct it would be quite simple to quote the legislation you claim exists.
"prohibitions on multifamily housing –" You're right. It doesn't mean tearing down every single-family home in the country. It means getting rid of single family zoning. It means destroying neighborhoods.
This would still be allowed
Exactly! You have to look at what the socialist are saying as well as what they are NOT saying. Removing zoning, designed to protect neighborhoods from such horrors, is just the first step. The socialist should not be forcing cities to change local zoning in order to obtain federal money for such things as highways.
Another example is claiming "trusted" people will be knocking on your door with vaccines in hand. The truth of the matter is they are being supported by your tax dollars while the socialists data mine to sell to foreign governments. Look beyond their smoke screens to see how removing zoning regulations is part of a much larger scheme which is designed to destroy our way of life. Critical thinking.
Exactly! You have to look at what the socialist are saying as well as what they are NOT saying. Removing zoning, designed to protect neighborhoods from such horrors, is just the first step. The socialist should not be forcing cities to change local zoning in order to obtain federal money for such things as highways.
Another example is claiming "trusted" people will be knocking on your door with vaccines in hand. The truth of the matter is they are being supported by your tax dollars while the socialists data mine to sell to foreign governments. Look beyond their smoke screens to see how removing zoning regulations is part of a much larger scheme which is designed to destroy our way of life. Critical thinking.
Regardless of how many times the few of you repeat such alarmist fiction it remains fiction. There is no plan to remove zoning anywhere; there is no "horror" - but continue to live in fear. Go ahead, get yourselves all worked up but none of your claims can be supported by facts.
Your vaccination claims are not only off topic but ridiculous and again, unsupportable.
I know this was brought up tangentially in a few other threads, but figured it deserved its own more recent one (did a quick perusal so apologies if I missed if there already was one).
Yes, I know it depends on location...
When I first heard about it, I wrote it off as not a significant factor in the housing market since it wasn’t that big of a % of sales.
But now I’m hearing it could be 20% of sales or more in some places like Atlanta, Charlotte and Phoenix (although not sure if they’re referring just to city limits) - https://slate.com/business/2021/06/b...al-estate.html
That’s a pretty big deal IMO.
I know they bought up a lot of homes in 2011ish after the crash. Which makes sense: buy up homes for pennies on the dollar, rent them out and make a fortune when prices/rents increase.
At first glance, one (including myself) would think it doesn’t make sense to buy up homes now when prices may be at a peak.
On one hand maybe they’re of the opinion that “a crash like 2011 is rare” so are hoping prices don’t drop all that much and they still make money due to the premium of renting over buying, not to mention their apparently outrageous fees (which may be worthy of it’s own thread along with their reputation for being pisspoor landlords.)
But I guess the bigger fear is their overall effect on certain markets. If they are able to buy up significant inventory in certain areas, will they be able to keep sales prices high due to the low supply, which would likely in turn keep rent prices high?
Maybe this is partly a question for agents too. What % of sales in your areas are being bought by investment firms?
This is a very big deal and for this reason: once you no longer own your home, but rent it, you are at the mercy of your landlord. You would have to familiarize yourself with the rent protection laws in each area to make the biggest killing, but it works like this: Corporations buy houses off people nearing foreclosure and rent them back. They make NO improvements and do no maintenance. Each time your lease renews, the terms change and you are responsible for more while they're responsible for less. So you're already broke, renting your own home, and now have the additional responsibility that you were unable to afford at the beginning, i.e., home repair and upkeep. And don't forget the rent increases. So basically what happens over time is that your home is bought out from under you, you pay increasing rent, which knocks down the corporate purchase cost, and when you at long last default (and remember, this was your home, you'd hang on until the bitter end), they do a few repairs and start all over again.
Buying huge swathes of SFHs and now tracts of land on which to built RENTAL SFHs, puts all the home wealth in corporate hands. It keeps home prices high, it keeps rent high, and heaven help us all.
Quote:
Originally Posted by illtaketwoplease
Some people think that Blackrock - the biggest proponent of the Great Reset - is buying houses so that young people can't build wealth. "You will own nothing and be happy" - WEF
Kind of like Bill Gates buying farmland and not growing anything on it because of climate concerns.
Bill Gates wasn't, as another poster said, diversifying his portfolio with farmland until every fast food chain started selling an "impossible" burger. Now that it's the next wave in feeding the country, farmland is a hot commodity. Demonize beef some more and drive up the cost, while driving down the price of farms and that's a lot of land at a fire sale price. And so far, veggie meat still costs twice as much as ground beef. Though the further it spreads, through a pretty good propaganda campaign, the cheaper it will get.
Bill Gates didn't get rich by being stupid and neither did Wall St.
This is a very big deal and for this reason: once you no longer own your home, but rent it, you are at the mercy of your landlord. You would have to familiarize yourself with the rent protection laws in each area to make the biggest killing, but it works like this: Corporations buy houses off people nearing foreclosure and rent them back. They make NO improvements and do no maintenance. Each time your lease renews, the terms change and you are responsible for more while they're responsible for less. So you're already broke, renting your own home, and now have the additional responsibility that you were unable to afford at the beginning, i.e., home repair and upkeep. And don't forget the rent increases. So basically what happens over time is that your home is bought out from under you, you pay increasing rent, which knocks down the corporate purchase cost, and when you at long last default (and remember, this was your home, you'd hang on until the bitter end), they do a few repairs and start all over again.
Buying huge swathes of SFHs and now tracts of land on which to built RENTAL SFHs, puts all the home wealth in corporate hands. It keeps home prices high, it keeps rent high, and heaven help us all.
Bill Gates wasn't, as another poster said, diversifying his portfolio with farmland until every fast food chain started selling an "impossible" burger. Now that it's the next wave in feeding the country, farmland is a hot commodity. Demonize beef some more and drive up the cost, while driving down the price of farms and that's a lot of land at a fire sale price. And so far, veggie meat still costs twice as much as ground beef. Though the further it spreads, through a pretty good propaganda campaign, the cheaper it will get.
Bill Gates didn't get rich by being stupid and neither did Wall St.
This is now a HUGE business with mobile home parks. Corporations but it's also being touted as the next big thing for individual investors. They actually have seminars to teach people how to do it, but it's basically exactly what you wrote. They buy the park 85 year old Mrs. Jones has lived in for 27 years, paying $300 a month in rental fees, and she gets a letter saying the rent will be $750 a month going forward. The rent increases even more every year. Mrs. Jones has the choice of coming up with thousands to have her mobile home moved to another park, or walking away from it. I saw a YouTube clip of one such seminar, they tell people most peopke will simply walk away from a mobile home they own because they can’t afford to have it moved (and corporation A owns the other one in town and Investor B the one in the next town over, and they’re doing the same) Then the new park owners rent it to someone else. They actually want to starve people into walking away from their own home, because that’s more profitable than just paying the rent.
Anyone who thinks corporate overlords are a good thing (people are so, so worried about socialism, it's this stuff that's doing us in though) is naïve, IMO. Corporations screw us keft, right and sideways, and still have voters convinced they’re the good guy “Job Creators” who we should be so thankful for we pay all the taxes so they don’t have to. It’s insane.
We all root for Jimmy Stewart in Its a Wonderful Life, but in reality we vote for Mr Potter and call people like Jimmy socialists. The reward is we will all get to live in Pottersville one day because what they are doing now is exactly what Potter does in that movie.
Good grief. What does “Eliminate exclusionary zoning and harmful land use policies. For decades, exclusionary zoning laws – like minimum lot sizes, mandatory parking requirements, and prohibitions on multifamily housing” mean to you?
Once again single family housing isn’t getting eliminated, but it’s exclusive zoning is. What’s so hard to comprehend?
The Feds are only offering to provide funding for housing if the municipality adheres to the policies listed above. I No one is proposing Federal legislation to "Eliminate exclusionary zoning, etc .."
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Critical thinking skills required
