beardo
Well-Known Member
I'm not interested in getting a home while their values are artificaly inflated.
I am also afriad owning a home in a time of high property taxes and a lack of private properyt rights is pointless.
here we go fucking up the market again
- Thread starter jeff f
- Start date
I am also afriad owning a home in a time of high property taxes and a lack of private properyt rights is pointless.
RawBudzski
Well-Known Member
Depends where you are.. you can buy houses cheaper here in cali then you will be able to in a few years.. You can goto a bank and offer less than the house is selling and they will most likely sell it for cheaper if you have the down payment.. Here in so cal you can purchase a house from the bank cheap, example, the bank wants 200k you can offer 120-150k and get it fast if you have the down payment of course. then in a few years that home will be worth 400k again.. @ least here were I am
well, unless you build the house yourself, and it's a shitty ass house with louzy foundation and poor wiring, it can cost you waaaay more than 60k to build...
if you want a home built with high quality materials, on a good patch of land, with good plumbing, electric, insulation, and a stable foundation.... it'll cost you more than 60k..... it'll cost you 60k in quality materials to build a very small home....
this isn't the 1970s anymore dude....
if you want a home built with high quality materials, on a good patch of land, with good plumbing, electric, insulation, and a stable foundation.... it'll cost you more than 60k..... it'll cost you 60k in quality materials to build a very small home....
this isn't the 1970s anymore dude....
beardo
Well-Known Member
Yeah nowadays fiat currency and the acceptance of buying with credit has way over inflated the cost of homes that is why no one is buying. At least why I don't buy.
Gee I dunno there young buck. The last home I built was in 2001, it cost $42,000. I sold that house in 2007 for $205,000. How many homes have you built?
ink the world
Well-Known Member
Are you really waiting for property taxes to go down? Thats gonna be a long assed wait my man.
Property prices arent inflated like they were 2,4, 6, 10 years ago. This is THE time to buy, interest rates are super low, the market is a buyers market. Id bet you could get a mortgage thats costs less than your rent right now.
To anyone with a shred of common sense, paying rent and building equity for your landlord is whats pointless. Why you wanna make someone else money and build their credit with your hard work? If you like someone else to get ahead on YOUR money thats you decision.
ink the world
Well-Known Member
Where I am $60K wont even buy you a 1/4 acre lot. There isnt a single MLS listing in my area for land at that price. Around here land prices start around $80K for 1/4 - 1/3 of an acre.
The Mustang Ranch and $750 billion bail-out
Back in 1990, the Government seized the Mustang Ranch brothel in Nevada for tax evasion and, as required by law, tried to run it.
They failed and it closed. Now, we are trusting the economy of our country and 850+ Billion Dollars to a pack of nit-wits who couldn't make money running a whore house and selling booze.
Now if that don't make you nervous, what does???
Note: I know its an urban legend, but that doesn't make the premise less valid.
Back in 1990, the Government seized the Mustang Ranch brothel in Nevada for tax evasion and, as required by law, tried to run it.
They failed and it closed. Now, we are trusting the economy of our country and 850+ Billion Dollars to a pack of nit-wits who couldn't make money running a whore house and selling booze.
Now if that don't make you nervous, what does???
Note: I know its an urban legend, but that doesn't make the premise less valid.
I am just talking about the building.
Isn't that what income taxes basically are all about? Someone else getting ahead on YOUR money?
UncleBuck
Well-Known Member
which makes your attempted talking point false.
patlpp
New Member
That's what started the mess in the first place. All these brokers saying the same thing. So people having no business buying houses were under the illusion that they could build equity and then sell it at whim. The advantage of renting is that you are more mobile (employment wise) than a homeowner, when the market is soft. A renter does not have to deal with the illiquidity of a home. Unless you're in an economically diverse area, renting sometimes would be more appropriate.
beardo
Well-Known Member
And I think we all know their is a huge demand for pussy- If they can't make a whore house profitable and keep it open and in buisness...
jeff f
New Member
Egg-fucking -Zachary
Yeah, but who would go to a whore house that was run by government agents? People have enough trouble trusting them as it is.
Then again it would do me a world of wonders to get a mouth hug from an IRS agent & then ass fu@k her.
In theory it sounds great !
beardo
Well-Known Member
Good point-Never trust a government owned whore