The only way I see to turn this around, is to round up and deport all illegals in the US. Start by implementing eVerify and removing the job opportunities. Those folks deport on their own.
I'm no fan of Biden's economics nor the Feds screw-up (in my opinion) with M2, but the sentence above is simply stupid without context. What should be presented is the change in housing prices compared to the percentage of household income that lenders expect for home purchases. That comparison would better depict what's happening to home buyers.
How can housing prices be at such unsustainable levels? How can housing prices be so far out of line, with the incomes of the people who would buy those houses?
Bidenomics? But it is working? And the border is secure. And there is a great outlook for world peace. And Rachel actually is a girl. And the white rage that fills the army ranks is real. And Hunter is to be named a saint by the best pope in history.... And I have that bridge that you might be interested in......
Govt-run rabbit warren, weed, Netflix, busโฆthey say own nothing and be happy.
The PRC Dream
Owning nothing. Eating bugs. Being happy!
Lucky for us branDUHnomics is getting ready to kick in any day now. ๐
๐๐ฎ๐ฑ๐
The Disastrous Joe Biden Administration
The gift ๐ that keeps on giving
Democrats like that. They’ll just say that oppressed minorities can’t afford housing and tax the hell out of the middle class to pay for free money for the oppressed so they can afford housing.
A perfect summary of the news two weeks ago.
The new speaker, the impending impeachment of Biden and probably charges against all of the family, the destruction of the theory of EV’s (other than as a playtoy, the truth about wu-flu,the very positive swing of the voters toward a conservative president (TRUMP)....all of these indicate that we have a good chance of returning to a Constitutional government.
A month ago, I did not feel so sure, but the last two weeks have been dramatic.
Carter 2.0 this time a pedo!
“Housing is unafforable” and “too many of the big cities are too big, too expensive, and collapsing under their own weight” are two different propositions.
There is a lot that cities could do to reduce the cost structure for both residents and businesses. But big cities that are dominated politically by the parasite alliance of municipal unions and welfare constituencies won’t clean up their acts.
As to excessive size ... middle class residents and smaller businesses that aren’t geographically hogtied to a particular location have been voting with their feet for a long time. It’s harder to uproot larger corporations, but those have been migrating as well, albeit more slowly.
I just shake my head at the investment banks that remain in NYC or the tech firms that remain in Silicon Valley. Part of the problem is very highly paid senior execs who make enough to insulate themselves from the downsides. And part of the problem is that many of these corporate giants, the legacy incumbents in their fields, maintain their industry leading positions via constant acquisitions of smaller competitors. Many of these are in lower cost jurisdictions, but when they get acquired, they are sometimes sucked into the black holes.
There was an early 1970’s Columbo episode with a guy who was in a rented room. The actor said it cost $73/month.
I’m afraid I don’t have much pity for stupid.
I own two houses large shop, and a studio on acerage in Hawaii with an ocean view. I rarely made over 90,000 per year
and have been retired since age 55.
Sweat equity. I made my shop. one of the houses, I made most my home furniture.
I fix my own cars that I buy with cash, used.
I paid my way through college, no debt.
I tire of all these useless Democrats that expect the world to be fair.
I made my way through life with a lot of help, but I earned every penny of it. By being a productive and useful part of society, not some soy boy in Mom’s basement begging for something I did not earn.
Y’all want a house, buy some land and build one!!!!!!!
Need to alter the title to White people need 111k. Illegals and blacks mortgage will be automatically approved with zero income. Per Bidenโs rules to banks.
Like always, it depends where u live.
Average price in my area in AZ is probably 700k.
For many they own multiple homes after decades of hard work.
Living in your parents basement working for a non-profit is NOT hard work.
Bidenomics: a financial wet dream spawned from within Joe’s dirty diaper.
Prices in Minnesota are like $329,000 for 1.5 acres and 1,600+ sq feet plus a basement and next to a lake or a nice view of forest and grassland. My relative there sends me links to view places. Only drawback is the 6 months of winter plus mosquitos in the summer.
Brings back memories of the late 70s. (Carter time)