Commentary on Housing Prices

[Dean Hoffman]

One of the proposed solutions is state owned housing. Of course, get the government involved.

There are several houses going up in a nearby town. Two story, with maybe six bedrooms and six baths or whatever. And there will be two, maybe three, people bouncing around in them. Heck, they need cell phones just to yell at each other.

[Ed Pawlowski]

What a wonderful idea. I spent the last two weeks in my friends $3million beach home. She should unburden herself from it and let the government use it for housing.

[gfretwell]

We have 4000+ sq/ft houses here that are only occupied a couple months a year by 2 people. The people simply look at it as an investment. Other than during a short downturn in 2008-10, the investments are solid too. If you could afford to keep your extra houses through that dip, you are whole again plus a nice return on your money if you avoided the irrational exuberance 2002-2006 when you bought.

[gfretwell]

This guy is clearly a moron who never actually looked at the fate of government housing. Virtually every unit of the Kennedy, LBJ and Nixon era public housing "projects" quickly became an instant drug infested, crime ridden, slum and most were torn down. I also wonder where he came up with this line.

"Now that many younger people are (finally) flush with cash thanks to pandemic savings and rescue payments, there are not nearly enough homes to buy". Yeah all of those laid off kids, making $600 a week on unemployment and getting a couple of $1200 checks are now ready to buy a $250k-$500k house. That is the kind of thinking that crashed the market in 2008.

This sums it up about the guy

Ryan Cooper This year I finally decided to stop beating around the bush and start calling myself a democratic socialist. I think the reason for the long hesitation is the very long record of horrifying atrocities carried out by self-described socialist countries.

So now he wants to bring those horrifying atrocities here because that is the only way they could maintain that form of government. (China, Cuba, USSR <RIP> and the other communist countries)

[Buck Fiden]

Why doesn't western europe have open borders?

The US has lots of dems looking for free government cheese.

[gfretwell]

Cooper is the one who said "horrifying atrocities". I doubt he was talking about Sweden.

[Tekkie©]

On Tue, 15 Jun 2021 13:47:44 -0700 (PDT), Dean Hoffman posted for all of us to digest...

Obamaphones?

[gfretwell]

When it comes to bullshit, I bow to your expertise.

[Tekkie©]

On Wed, 16 Jun 2021 17:37:57 -0400, [e-mail] posted for all of us to digest...

So he can kiss your ass!