Posted on 12/13/2021 5:58:18 PM PST by RandFan
Thanks.
I’ll check it out.
Precisely. Figures lie and Liars figure.
Bkmk
There would be no communist Biden administration if it weren’t for Foxnews.
Worse than Jimmy Carter’s inflation?
I don’t think so.
Anyone have a valid data comparison?
Also predicted the 2008 bubble.
Ooops!
I didn’t read far enough.
Thanks “unclebankster”!
The house across the road from me sold for 150% what it was worth two years ago. When I asked my new neighbor how he could afford to pay such a price he told about making out like a bandit on the house he moved from. When you think about it, Biden has been a windfall for the middle class. If you have decided to continue to work and have children money keeps falling from the sky, your real estate and vehicle net worth is through the ceiling. What’s to worry? How aggressive is you local PVA? $6,000 in a month? That’s $72,000 in a year. What’s your property tax rate? Hard to imagine many tax districts leaving that much additional cash on the table.
More like engineered a weak virus then did everything else you just said.
I knew CoVID was manufactured bs the moment I heard the first story. Millions of us did.
I think so.
Shadowstats.com
This from a guy who has been wrong at every turn in his career.
Housing only creates wealth if you are eventually able to (and choose to) move from a higher cost area to a lower cost area.
California folks who bail for Texas have real wealth they have gained—but folks who just move around one metro area have gained nothing.
One might say that perfect fear cast out all common sense.
I don’t know what pva is?
I’m lucky in a way.
Depending on your age and assets, senior citizens get tax cuts on property taxes.
Up until last year I was receiving a 60% tax cut.
This past year it was a 100% Cut. 8-)
Property Valuation Administration
The guys who will goose your property valuation to increase the tax base and your taxes. Wouldn’t you have felt guilty not paying the city, county and state their additional taxes due on last month’s $6000 increase in value? I hit 65 this year. I get a 40% discount.
The USA has a good property ownership rate at 64%.
Still that means over 1/3 have no property and they are screwed, especially the working poor.
I’ve always thought the working poor were the worst aspect of our system.
It seems as though the working poor are always in Washington’s crosshairs. I think the plan is to be so onerous on these poor people that they are forced into welfare and generational government control.
I spoke to a local merchant last week. A year ago he paid $3,000 for a cargo container from China. The current price is $39,000 for the same container. He said inflation is about to explode at the retail level.
His supplier is moving production out of China. He considered bringing the jobs to South Carolina, but could not find workers. The jobs are moving to Mexico.
Definitely construction projects on the rise at the retail level. That bubble will soon burst as individuals slow down on project spending.
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