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Home ownership is not for everybody. That facts gets buried.The nuclear family and home ownership are the foundation of a sound society. Sadly, both are endangered.
Don't trust the numbers. Many who rent would like to own.Hoe ownership is not for everybody. That facts gets buried.
Children of nuclear families aren't the problem. Dads are a better role model for boys than moms.Nuclear families are always throwing away children who won't conform.
Trust the research and the data.Don't trust the numbers. Many who rent would like to own.
generalizations are feel good fluffy shitChildren of nuclear families aren't the problem. Dads are a better role model for boys than moms.
Dads are a better role model for boys than moms.
Absolutely. I made most of my money via an 8-unit apartment building. It was a lot a work and time. If I had it to do again, I wouldn't do it. I have more money than I will ever need or spend. So, I spent a lot of time and effort that could have been used more pleasurably....
But seriously ... real estate is just one form of investment, and it isn't for everyone ... it worked for me as a small, service-orientated, business owner ... I choose to stay in one place and build up clientele ... mainly through word-of-mouth ...
Financial Crisis 2008 Homes for everybody
remember:
In an op-ed piece in The Wall Street Journal, Lawrence B. Lindsey, a former economic adviser to President George W. Bush, wrote that Frank "is the only politician I know who has argued that we needed tighter rules that intentionally produce fewer homeowners and more renters."
Fact:
In 2005, while the Democrats were still in the minority, Frank contributed to a bipartisan effort to put his objectives -- tighter regulation of Fannie and Freddie and new funds for rental housing -- into law. At the time, Fannie and Freddie were regulated by a small agency within the Department of Housing and Urban Development; the bill proposed to create an independent agency to monitor their operations. Frank and Michael Oxley, who was then chairman of the Financial Services Committee, achieved broad bipartisan support for the bill in the committee, and it passed the House. But the Senate never voted on the measure, in part because President Bush was likely to veto it. "If it had passed, that would have been one of the ways we could have reined in the bowling ball going downhill called housing," Oxley told me. "Barney, to some extent, is misunderstood -- with this image of him as a fierce partisan. He is an institutionalist. He believes in the House and in the process. He eschews the grandstanding style that so many members use and prefers to work behind the scenes and get something done." Limbaugh falsely asserted "Banking Queen" Barney Frank "created" subprime mortgage crisis | Media Matters for America
I know people who have made money off others misery.It must have worked because 2009 was obscenely profitable for me ... God did I rake in the money during the Housing Crisis, couldn't raise rents fast enough ... let's have another one real soon, okay? ...
I know people who have made money off others misery.
I did work for a few very smart realtors .. got out before 2008 and earlier crisis. smart people know HOUSING DOES NOT ALWAYS GO UP
ride the waves
I've known quite a few people (especially in SoCal) who bet big and lost everything and are too embarrassed to talk about it - having a home in the hills with an infinity pool, then struggling to get into subsidized housing
You are 100% right for Singles.Home ownership is expensive, much more than renting. Of course, there are many benefits of home ownership but there are better ways to build wealth. Just save and invest the difference between owning and renting and watch your fortune grow. It will grow faster if you're single as you can share space with others and save even more.
cuckooThrowing babies into snowbanks ... it's not my fault their mother is a crack whore ...
The good news is the sheriff would send a half dozen beefcake deputies to do the actual tossing ... I didn't have to lift a finger ... just sit back a watch ... whatever the expense, I just raise rents ... doesn't cost me a dime ... plus margins ...
I'm just illustrating some of the more important reasons to own ... rather than rent ... rental markets are heavily tilted to the landlord ... [ka'ching] ... it's like tenants are sub-human and don't deserve fair treatment, they were better off as serfs and slaves ... 1/3 their take home pay was mine ... go live in some commie nation if you don't like it ...
... or do the landlord gig yourself ... it's good money and getting better with every Republican administration ... [ka'ching] ... real estate might not be the only way to wealth, but it is a way to wealth ... if you're smart about it ...
My 8-unit apartment building was in a low-income neighborhood, so rents were low. I kept mine low while at same time updating the apartments with new carpeting, appliances, and paint. I also repaved the parking lot and added two concrete walkways. My tenants stayed for many years and there were very few events where I had to evict a tenant for falling behind in rent. And it was very profitable as I bought the building in a down market, and I did almost all of the maintenance work myself. I seldom had to advertise as I filled by word of mouth. I bought the building for one purpose, to fund my retirement, so I saved every dollar I made and invested it. I sold it after 18 years and am sitting in tall cotton today.Throwing babies into snowbanks ... it's not my fault their mother is a crack whore ...
The good news is the sheriff would send a half dozen beefcake deputies to do the actual tossing ... I didn't have to lift a finger ... just sit back a watch ... whatever the expense, I just raise rents ... doesn't cost me a dime ... plus margins ...
I'm just illustrating some of the more important reasons to own ... rather than rent ... rental markets are heavily tilted to the landlord ... [ka'ching] ... it's like tenants are sub-human and don't deserve fair treatment, they were better off as serfs and slaves ... 1/3 their take home pay was mine ... go live in some commie nation if you don't like it ...
... or do the landlord gig yourself ... it's good money and getting better with every Republican administration ... [ka'ching] ... real estate might not be the only way to wealth, but it is a way to wealth ... if you're smart about it ...
