GnauzBookOfRhymes
Superstar
Breh, the purchaser paid CASH.
Property Market is going WILD
- Thread starter Professor Emeritus
- Start date
Breh, the purchaser paid CASH.
Again, it's easier than the situations of the people who are actually struggling to make a living in this country. The ones who don't have "apply for mortgage relief that the government is giving out right now" and "restructure my investment debt at ridiculously low interest rates while continuing to watch my investment value sore" or "cash out at a massive profit that will result in a significant amount of disposable income" as a fallback plan.
That’s what you think owning investment properties is.
it ain’t always that easy. Hey my two family flats aren’t bringing in any income let me sell em for a huge profit. That sound good, but it ain’t always that easy.
Did you clear the land? Did you build the home? Did you provide the renter with work? Did you produce an actual product that improves the lives of others? You haven't actually added something concrete to society, yet you feel you're owed someone else's work income. just because you have the financial privilege to be able to move large amounts of capital like that and a poor person does not. If it's so fukking hard, then get a real job that isn't just stealing economic rents from society.
GnauzBookOfRhymes
Superstar
Some will no doubt.
There are more than 11,000,000 households in the US with a net worth of greater than $1,000,000 EXCLUDING the value of their primary residence.
No need for foreign buyers breh. Although they are here too (well they're technically Americans citizens now lmao).
jesus breh. you sound like a fukking communistevery landlord isnt jared kushner. in fact the vast majority arent
Laidbackman
All Star
If you only have one house, what's the big deal. If you want to sell and move because the price of your house went up, the price on the house you're about to buy went up too. The only time rising prices works well for you in this case is when your willing to down size, or move to a cheaper part of the country, or retire overseas it seems.
eastside313
Superstar
My man what are you talking about? Did you build the home and provide the renter with work the hell.
You do know there are people out here trying to come up in life by investing in the real estate world. Maybe they purchased two or 3 properties over the years and yes that person also may have a job. There lifestyle may be accustomed to them getting that 3k a month. You got the nerve to tell them to go get a job after they worked hard to buy those properties in order for people to live in their chit for free.
everybody can’t refinance. Everybody not getting government money.
take your government cape off for a minute.
Do you actually want to discuss the issue because you don't understand what I'm talking about? Or are you just committed to your position regardless?
Yes, definitely, that's sorta the point being made.
Government cape? I'm pretty sure you don't even know what I'm talking about considering that the government is the main one perpetuating the system.
But you really didn't make a great case for why society should subsidize those people living off of other people's income. Their "lifestyle" requires it? Those are our victims now?
They're already living off of other people's incomes AND if their renters are there "for free" during the pandemic the landlord can get most of that money covered by the government AND they can apply for mortgage deferment AND they can resell for a large profit if that isn't good enough for them.
These are the people I'm supposed to feel sorry for over actual poor folk who got laid off during a pandemic?
So you're coming into the thread to add nothing to the conversation again. Thank you for making your uninformed and unthoughtful voice heard once again, I guess. If you have a substantial point to make (for the first time) please @ the entire subforum so we can all see it.
every landlord isnt jared kushner. in fact the vast majority arent
Do you actually want to discuss the issue because you don't understand what I'm talking about? Or are you just committed to your position regardless?
Yes, definitely, that's sorta the point being made.
Government cape? I'm pretty sure you don't even know what I'm talking about considering that the government is the main one perpetuating the system.
But you really didn't make a great case for why society should subsidize those people living off of other people's income. Their "lifestyle" requires it? Those are our victims now?
They're already living off of other people's incomes AND if their renters are there "for free" during the pandemic the landlord can get most of that money covered by the government AND they can apply for mortgage deferment AND they can resell for a large profit if that isn't good enough for them.
These are the people I'm supposed to feel sorry for over actual poor folk who got laid off during a pandemic?
So you're coming into the thread to add nothing to the conversation again. Thank you for making your uninformed and unthoughtful voice heard once again, I guess. If you have a substantial point to make (for the first time) please @ the entire subforum so we can all see it.
demonizing landlords for "living off other peoples incomes" is embarrassing
frankly its such a childish talking point i was surprised to see it come from you
Again, please @ me when you have a substantial point to make. If you just want to play internet beef and posture there are other subforums for that. Random insults without any factual content are a waste of time and bandwidth.
what do you want me to say
im not gonna get into it with you that most landlords are just small business owners who just beat the monthly mortgage, not "evil capitalists"
No one said they were evil. Our entire history is pretty much the masses going along with a system that fukks people over.what do you want me to say
Have you read "The Mystery of Capital" by Hernando de Soto? Have you read the Jubilee Laws? Have you read Isaiah 5? You don't have to be a communist to realize that owning the land you live on is fundamentally essential to good society in the long run. We're either driving towards justice or we're driving towards Feudalism, there's no happy medium where only the "undeserving poor" are getting fukked over forever.
Do you believe this system is ideal and fair because you've thought it through, read the arguments against it and disagree on logical and moral principles? Or do you just follow whatever your masters told you to believe?
that doesnt mean anything from an HL fauci apologist/mask up forever advocateirony is dead
Why are you here?
irony is dead
i dont know
