Posted on 12/02/2025 9:25:40 AM PST by JV3MRC
I bought a small home in Atlanta 1985, 10% simple interest, owner financed, 15 year note. No meaningful improvements other than a roof & gutters.
Sold it for $200,000 to my neighbor, who got into constructing in-fill homes. He only wanted the lot. He got his construction loans and built on my lot and also on his lot, as large a house as was allowed. No way was it worth $200k as a standard property.
My little house was built in the 30s or 40s as housing for the personnel of a Naval Air Station that eventually became North Dekalb Airport.
The one-child policy. “One child is good for you” was their mantra.
It was not so good for China. The population was artificially reduced and, males being preferred, people frequently killed or aborted female babies.
I omitted the purchase price: $38,500.
many liberal states made it illegal to refuse life insurance to someone with aids.
Things like that drive up rates for everyone.
Economics remains a dismal “Science”.
Always have to keep in mind that the “average” home price is skewed by places like southern California. I once was offered a position in suburban LA, would have been a good job, but I couldn’t afford to live in anything more than a shack, and I was not subjecting my kids to the schools there. They couldn’t pay me enough to go there. But there are still plenty of places in the country where you can get a decent job and a starter home for a reasonable price.
Yeah, I certainly don’t want my income to get close to my outlay, then I might have enough left over for a piece of bubble gum which is now $.25 when it used to be a penny.
The post use to be a good news outlet now simply crappola.
The net result in China was there are now MILLIONS of young men that will never be able to find a wife. There are just not enough females for the available males to marry.
Peter Zeihan was one of the first to point this out about five years back. His opinion was that China had peaked economically because of this.
Keep in mind, that IF they are actually reporting that their population has declined by 100 million, that it is probably much more. The CCP does not always tell the truth.
I guess I’m supposed to believe that liberals like higher prices and higher taxes. At least when their people are in charge.
Check, not enough women of prime marrying age in China. Or even not-so-prime lol
And a big check, the CCP lies and skews just about everything.
2015
China announces the end of its controversial one-child policy
I actually saw Peter Ziahan just a couple days ago on some podcast on YouTube.
I watched for a few minutes.
Not only is he now saying that China has peaked both economically but is now saying that the population drop maybe more like 300 million people.
Much of this due to the incentives doctors and primary school administrators have had for the past fifty years that gave them an incentive to lie about how many children they were putting through the system.
That China’s birth rate is lower than ours.
Lower that ours?! Wow, would not have guessed that.
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