I have NEVER seen @Fat_Electrician throw his hat in a video due to the shear stupidity until now. I don't want to hear a PEEP about our gun deaths, or education system from Euros ever again. It is not a serious place, with not serious people 🤣
https://t.co/GbEOKCOpEj
Correct. It’s not about the $5 coffee. It’s about the fact that the government keeps adding more regulations and zoning requirements, which increases the cost of building new homes.
They do this because the largest voting demographic (baby boomers), who already own homes, benefit when home values continue rising year after year.
We have real-life examples. Austin, Texas, eased permitting and some restrictions, built a significant amount of new housing, and has seen lower rents and housing costs as a result.
The government is intentionally creating this problem by limiting supply, thus artificially inflating costs to pander to the largest voting demographic.
Day 792 of still being speechless that a significant portion of the population believes being a billionaire means someone has a billion dollars in their checking account.
250 years, and your empire has been reduced to a single island the size of Michigan, with a GDP barely higher than Mississippi, the poorest of our fifty states.
Enjoy your warm beer in that unairconditioned old pub.
Don’t talk too much shit online though, you might get arrested.
“yOu CaNT gIvE a PErfEct tEXtBoOk dEfiNItIon, sO hOw Do YoU kNoW It’S bAD?!”
Ya dipshit, 99% of people couldn’t explain how cancer works either. Doesn’t mean they’re wrong for thinking it’s bad.
They see it killing people, so they identify it as bad. End of story.
Same thing with socialism. People look at history and see that every socialist society has failed miserably, so they conclude it doesn’t work.
And before you morons jump in the comments screaming “Scandinavia!”those aren’t socialist countries. They’re capitalist countries with large welfare programs. The workers don’t own the means of production. That’s not socialism. It’s capitalism with a generous safety net.
Most of you pro-socialist dipshits can’t give a real definition either, outside of “socialism is the good one with free stuff.”
1. I have never made death threats against you, nor have I encouraged anyone to do so
2. Your people threaten to “Charlie Kirk” me like 3 times per week. Plus, your side actually acts on it
Welcome to the internet. I stand by it, if you can’t handle it, you’re #toosoftforoffice
“Without American production, the United Nations could never have won the war.” - Soviet Marshal Georgy Zhukov
“The most important things in this war are machines. The United States is a country of machines. Without the use of those machines, through Lend-Lease, we would lose this war.” - Stalin
“Without American production, we could not have won the war.” - Stalin
“If the United States had not helped us, we would not have won the war. One-on-one against Hitler, we could not have stood up to his onslaught.” - Nikita Khrushchev
STFU
“Communism is better. The only reason it fails is because capitalism sabotages it.”
Yeah, and I’m the best fighter on Earth. The only reason none knows it is because everyone in the UFC would beat the fuck out of me if I tried to prove it.
I think a potential downside of democracy, where everyone gets an equal vote simply for existing, is what happens if one generation is, for whatever reason, significantly larger than all the others.
That generation could dominate the political system, essentially creating an age-based oligarchy.
For example: when this generation was young and trying to buy houses, they could vote for politicians who made housing cheap and plentiful. Then, once they aged and wanted their home values to skyrocket, they could elect politicians who added layers of building restrictions—driving up their property values while making housing unaffordable for everyone else.
Wait…
The government will always find a way to prop up housing prices so boomers don’t revolt. Fifty-year mortgages were just their opening move.
Boomers are the biggest voting bloc in the country, so politicians treat them like the crown jewels. That’s why no one in D.C. will touch Social Security with a ten-foot pole. It’s also why there’s suddenly a massive push to abolish property taxes, because property tax is basically the last bill boomers still actually pay. (Not saying I’m opposed but this is why its suddenly popular among politicians)
So if boomers demand a 10,000% return on the house they bought 40 years ago for $5,000 and a bag of skittles, the government will absolutely bend over backwards to make it happen.
I’m completely against the 50-year mortgage idea, it’s insane. Housing prices are already ridiculous, and people have largely stopped buying. That should force sellers to lower prices, simple supply and demand. But a 50-year mortgage is just a clever way to sidestep that reality by preying on financially illiterate buyers who only look at the monthly payment instead of the total cost.
A 50-year mortgage doesn’t make you a homeowner. It makes you a glorified renter who’s responsible for all the repairs and upkeep. Please don’t fall for it. And remember, all the “experts” pushing this idea make their living off real estate, so of course they think it’s a good thing — it makes them more money, not you.