Posted on 01/12/2022 11:50:14 AM PST by blam
“living in section 8 govt housing..not me”
About a dozen years ago a met a young woman looking for a Section 8 apartment. She had a list on her. Her available choices were often remarkably good.
“About a dozen years ago a met a young woman looking for a Section 8 apartment. She had a list on her. Her available choices were often remarkably good”
Yes many nice facilities. Do you want a gov’t inspector coming into your apartmnt every two weeks or monthly and telling you how to live or writing you up because you did not vacuum the floor?
“If I want equity, I buy real estate. If I want income secured by property, I loan on it.”
I want equity, but don’t care much for tenants, especially in addict-filled Florida, and especially after two years of government mandated free rent.
“If I want income secured by property, I loan on it.”
That’s great, unless BigStoreInc. is raising prices by 7% a year and people don’t want to pay more than 3.2% monthly on a mortgage. Taking a 3.8% battering in loss of buying power year after year isn’t to my tastes.
These crazy bastards are actually going to try to inflate their way out of a DEADLY debt bomb.
They are both insane and desperate.
Rates will remain far, far below the sanity threshold until everything vaporizes.
Borrow as much as they’ll let you have lol
“Yes many nice facilities. Do you want a gov’t inspector coming into your apartmnt every two weeks or monthly and telling you how to live or writing you up because you did not vacuum the floor?”
My friend in his affordable unit set-aside concierge building gets about 40 hours a week of government-paid help to mop and vacuum his floors, buy his groceries, cook his food, wash his clothes and wheel him and his wheelchair up to the roof deck for a good view of the US Capitol, etc.
Percentage-wise, no there are not. There are exceptions, back in the late ‘60s and early 70s my family built our own home. My parents never had a house payment on it. My sister and her husband built their own home from scratch but they’re billionaires so I don’t think that counts.
I’m talking about the general population.”Joe Sixpack, if you will.
Here is an extract from the Govs. own figures:
Title RPI All Items: Percentage change over 12 months: Jan 1987=100
CDID CZBH
Source dataset ID MM23
PreUnit
Unit %
Release date 15-12-2021
Next release 19 January 2022
Important notes
2019 JAN 2.5
2019 FEB 2.5
2019 MAR 2.4
2019 APR 3.0
2019 MAY 3.0
2019 JUN 2.9
2019 JUL 2.8
2019 AUG 2.6
2019 SEP 2.4
2019 OCT 2.1
2019 NOV 2.2
2019 DEC 2.2
2020 JAN 2.7
2020 FEB 2.5
2020 MAR 2.6
2020 APR 1.5
2020 MAY 1.0
2020 JUN 1.1
2020 JUL 1.6
2020 AUG 0.5
2020 SEP 1.1
2020 OCT 1.3
2020 NOV 0.9
2020 DEC 1.2
2021 JAN 1.4
2021 FEB 1.4
2021 MAR 1.5
2021 APR 2.9
2021 MAY 3.3
2021 JUN 3.9
2021 JUL 3.8
2021 AUG 4.8
2021 SEP 4.9
2021 OCT 6.0
2021 NOV 7.1
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