Posted on 05/15/2012 6:40:08 AM PDT by Kaslin
I am seeing more land for sale, too. Boomers are the owners. I don’t see the younger crowd buying large tracts of land. It is typically family farms and ranches being sold off as the older parents die.
It is now a blessing to have a home that will easily turn for what we have in it, which is paid off early and will translate house-for-house into a properly sized retirement property if we decide to move elsewhere.
There are too many people that are “house poor” due to an over emphasis on the primary residence as an “investment.”
The only thing we see is that when we retire, we probably will be in good enough health that our toys and hobbies take up too much space in our planned living space. The market needs more 1400 SF homes with detached seperate work/art sudios above three car garages and boat houses, LOL.
Every time I read something by you I think "ye forgot to wrap yer mummy" and pictures of ancient Egypt start coming to mind. =o)
“At least then I can collect some dissability before the boomers suck it all out of the system. Right?”
Way to buy into class warfare. The demographics of this has been clear for 40+ years. You can’t act surprised. Generations of government traitors are the ones that deserve your scorn. They cheated us all while making sure that they and their union cronies are set for life.
Sucker.
The difference is that foreign investors can buy US stocks thereby keeping the values up (not guaranteed, but it's possible), but the US FedGov can't levy SS payroll taxes on foreign workers.
So the pool of potential buyers of stock is equal to the population of the first world while the pool of SS payroll tax payers is limited to those earning wages in the US.
My apologies to those offended. I absolutely do not buy into the class warfare and do not blame boomers individually, certainly not fellow FReepers.
However, just as with crime Vs minority statistics, if we take the generational voting gaps and the huge block of voters that are in the Baby Boomer Generation over the last 40 years, statistically, the voting Boomers have had the numbers to significantly influence the election of politicians that pushed policies of dependents and deficit. They either started out as establishment politicians or slowly grew into those positions under the watch of American voters.
In 2001, my father 62, actually apologized to me for the way his "activist generation of Baby Boomers" (his words and he is a life long republican) had driven this country since the 60's when they started voting. I disregard from which generation a president came from because it was the citizens that elected them.
The blame for the whole unraveling of our constitutionally protected freedoms and economic stability is rooted in "progressive/liberal" ideology dating back to the New Deal. Until about 2007, Americans have been largely asleep at the wheel, apathetic. There seemed to be a brief awakening in the late 1970s early 80s. That gave us Reagan. But we seemed to hit snooze about the time Clinton was elected. Now that the house has been burning for almost 5 years, America seems bright-eyed and bushy-tailed. Unfortunately, we are now hoping to begrudgingly elect an establishment republican instead of a true conservative to start to fix the mess.
Bookmark.
I don’t believe the Greatest Generation did very well to pass on the values, history, traditions and American Exceptionalism to their kids that they themselves significantly restored from the days of the Revolution.
The Greatest Generation pulled through the depression and volunteered to fight in WWII. They also voted for the politicians that pushed the New Deal, the source of many of our woes today.
I am making sure my kids are proud and knowledgeable Americans. My 10 year old knows the rich history of American values dating back to the Revolutionary war. She understands many of the details that spurred the Revolution and why the citizens were so upset with the King. She understands the good, bad and ugly about the civil war, war of 1812,...WWII, Cold War, Korea, Vietnam War, Gulf I, Afganistan, Gulf II, etc. My 5 year old knows who wrote our national anthem, where, when and why (He’s a work in progress).
I want my kids to love what America is supposed to stand for and where our roots and history has worked for and against us. I want them to be good Christians and successful participants and contributors to a freerer America using the talents God gave them and ethics we have instilled in them.
My hope is that they do not take for granted, as generations before them have, what individual freedom is and what it costs. We the People not voting, not following or participating in the governance of our nation is taking freedom for granted in my opinion. And that is primarily what has been are largest failing as citizens and owners of our government in the past 40 years.
And the kids don’t want what goes with it. Fences to mend, washouts to repair, pastures to drag, cut, bale and haul. All that stuff I’ve been missing for nearly 35 years chasing a buck and that is likely to go on ‘cause the bucks are worthless.
What was that guy wanting to pull 20,000 lbs on a bumper hitch that claims he makes truck beds and bumpers smoking yesterday? Guess he is desperate to do something. Sounds like divorce.
If a tree falls in the forest does it make a sound? I don’t know but it probably falls on a fence.
“I dont know but it probably falls on a fence.”
So true! I used to think Colorado was a wide open mountain range, but I found I can walk down hill for an hour or two in any direction and get to a house.
What happened to all that money?
It was taken from those who work for a living and given to those who vote for a living.
“Guess he is desperate to do something. Sounds like divorce.”
Sounded like something he was selling. Maybe he’s one of those guys making those oversized steel underground bunkers.
It seems to me that the last 15 or more years have focused on profits and not value. That is how the management has been motivated and that is why jobs went offshore... for profit.
Profit is not bad but it has not built the value of the stocks by underlying intrinsic value. That is why you invest, to build value.
Double taxation of profits in C corps does not employ capital efficiently or at all.
Stocks have risen because there were so many buyers who did not / do not understand value. Stocks have become merely a bet, an arbitrage and not a value driven proposition. Won’t buyers be looking for value growth?
Just a view point.
I'd love to buy large tracts of land. Either I can't afford it, or I have too long of commute in the areas I can afford the land. Back near my old home, I can get 100 acres and even a guesthouse for $150K. It's also in the middle of nowhere.
Same here. The mountains landlock us to the plains and anyting within a hour’s drive of work is expensive.
Large...tracts of land?
"Run away! Run away!!"
The struggle is against leftist idiocy across every demographic.
NO, they haven't. They have been in denial, sucking up the fable and quick to attack anyone who told them otherwise.
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