- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: I posted on PoliBoard, but you OT ballers will like it, too
Posted on 12/14/15 at 1:01 pm to Rico Tubbs
Posted on 12/14/15 at 1:01 pm to Rico Tubbs
quote:
Obviously you've never been in the poor areas of South baton rouge. The run down part where most minorities actually live...where the crime rate is high and the part Lil boosie raps about. Those houses are typically below 100k.
Poor ppl move much more frequently chasing lower rent. This program is trying to allow poorer communities the opportunity to escape that by placing them in homes permanently. This would then bring a sense of stability where the kids wouldn't be transferring schools every other year as well as bring a sense of community rather than the "hey frick this place I'll be gone within a year anyway" attitude that comes with that way of living.
But again, keep hating the poor. It's strong on the board.
This is almost the exact mentality that led to the housing market crash and all of those poor people having their "permanent" homes foreclosed upon. I know. I was there.
0
Posted on 12/14/15 at 1:05 pm to LoveThatMoney
quote:
Yes. Our impoverished are so poor that they live like rats. Rats with iPhones, 50" LED TVs, separate rooms for themselves from their children, central heat and A/C, and a diet that would make most of the developing world cringe with jealousy.
Stop it. "Rats". What the frick is wrong with you?
How would you rather them live in America? The self proclaimed greatest country in the world.
Posted on 12/14/15 at 1:05 pm to MrLarson
(no message)
Posted on 12/14/15 at 1:07 pm to MrLarson
quote:
Stop stealing from the tax payers and get a damn job.
Yea that's realistic considering that ppl with experience, a college degree and the want to work can't even find a decent paying job.
Posted on 12/14/15 at 1:09 pm to Rico Tubbs
quote:
How would you rather them live in America? The self proclaimed greatest country in the world.
Like a typical Marxist, you confuse material comfort with happiness.
Posted on 12/14/15 at 1:12 pm to LSUTigersVCURams
quote:
Like a typical Marxist, you confuse material comfort with happiness.
And you confuse material comfort with living a good life.
See how that works?
Posted on 12/14/15 at 1:27 pm to McLemore
quote:
what could possibly go wrong.
You're using this graphic wrong. This shows home values returning to, or at least trying to return to, true market rate values. Home prices were artificially inflated, peaking in 06, due to a massive influx of buyers with "cheap money" due to lax lending practices. When the bubble popped, no easily lent money meant less buyers to no longer bid prices up which caused home values to try to adjust to pre bubble levels.
If what the OP posts is true, and I hope its not, is that we may see some (<$250k) home prices increase artificially again. It also means we have learned NOTHING since the last bust and are on the way to repeat those mistakes. Its NEVER, "But this time its different." This current bubble inflating will pop just as the others have. They always do.
Posted on 12/14/15 at 1:36 pm to Rico Tubbs
quote:I would rather they not live off the government teet. I would rather they feel the sting of poverty so much that they don't find it worthwhile to stay unemployed or underemployed in an effort to game the system. I would rather that, instead of coddling the poor, we provide them with the essentials of life and tell them to get educated (which should be more affordable) and/or find a trade worth doing rather than being happy/complacent with their lives and what the government gives them. I would rather their families stay together because the single greatest wealth building institution in the known world is marriage or some variation on it. I would rather a person in poverty work to make $35k than not work to make $30k. I would rather the creature comforts that you and I enjoy (smartphones,TVs, cable, internet, new cars, etc) be something that must be worked for rather than given as an entitlement.
How would you rather them live in America? The self proclaimed greatest country in the world.
But mostly, I would rather people like you stop schlepping this false narrative to the taxpayers like me that we need to get these people "permanent housing" so that they can provide themselves "stability" because they're living like "rats" when we've heard that song sung before and reaped the fricking consequences. As they say, "sow the wind, reap the whirlwind." It is mass stupidity to believe this will be any different than the previous crisis. People and banks will exploit it. The economy, still very fragile, will crash and, this time, it may not be just a recession. All because we needed to give the poor people of America the American Dream rather than make them earn it.
Posted on 12/14/15 at 1:46 pm to anc
quote:
do not need to be legal residents of the United States of America.
We gone full stupid.
Posted on 12/14/15 at 1:52 pm to Rico Tubbs
quote:
and the want to work can't even find a decent paying job.
Don't give me that shite. You can push a broom on any commercial job site right now for 12.00 an hour. If someone doesn't have a job right now it is because they don't want to work.
Posted on 12/14/15 at 2:02 pm to MrLarson
Did you mean to type $15.00/hour? That is where decent paying starts I was told
Posted on 12/14/15 at 3:11 pm to anc
quote:
Coming to YOUR neighborhood ...
If you loved the Sub-Prime Crisis, you'll LOVE this!
Posted on 12/14/15 at 3:14 pm to LoveThatMoney
The one thing I cannot seem to get past with all of this discussion is that it is not a government program, technically, and therefore has nothing to do with taxpayer money
This is a Fannie Mae qualification program, to allow lenders some freedoms in mortgage applications which can be sold on the secondary market through Fannie Mae. I know it has the same feel, but technically this has nothing to do with the government or people getting houses on your taxpayer dime etc. etc.
Not that I agree with it anyway
This is a Fannie Mae qualification program, to allow lenders some freedoms in mortgage applications which can be sold on the secondary market through Fannie Mae. I know it has the same feel, but technically this has nothing to do with the government or people getting houses on your taxpayer dime etc. etc.
Not that I agree with it anyway
Posted on 12/14/15 at 3:15 pm to X123F45
quote:
I put zero down on my first home purchase?
i don't have to put anything down on any home purchases (up to a certain amount)...but i'm a veteran
This post was edited on 12/14/15 at 3:15 pm
Posted on 12/14/15 at 3:16 pm to Choctaw
VA loans 
well deserved IMO
well deserved IMO
Posted on 12/14/15 at 3:16 pm to Rico Tubbs
quote:
Yea that's realistic considering that ppl with experience, a college degree and the want to work can't even find a decent paying job.
what a load of shite
Posted on 12/14/15 at 3:38 pm to Choctaw
quote:
decent paying job
this concept defined is where a lot of issues arise
what exactly is 'decent paying?'
Posted on 12/14/15 at 3:39 pm to Nelson Muntz
quote:
If what the OP posts is true, and I hope its not, is that we may see some (<$250k) home prices increase artificially again. It also means we have learned NOTHING since the last bust and are on the way to repeat those mistakes. Its NEVER, "But this time its different." This current bubble inflating will pop just as the others have. They always do.
I am beginning to wonder if that isn't exactly the point. The last housing bubble burst didn't completely cripple the US economy, maybe this one wil do the trick....
Posted on 12/14/15 at 4:03 pm to anc
Fine by me. More weed dealers in my hood is a win.
Posted on 12/14/15 at 4:23 pm to Shankopotomus
quote:
The one thing I cannot seem to get past with all of this discussion is that it is not a government program, technically, and therefore has nothing to do with taxpayer money
This is a Fannie Mae qualification program, to allow lenders some freedoms in mortgage applications which can be sold on the secondary market through Fannie Mae. I know it has the same feel, but technically this has nothing to do with the government or people getting houses on your taxpayer dime etc. etc.
Correct me if I'm wrong, but Fannie Mae is a government sponsored enterprise and the government is, in some respect, underwriting or at least guaranteeing a portion of these loans, so you're right, but only kinda.
Page 5 of 6
Popular
Back to top
Follow TigerDroppings for LSU Football News