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Started By
Message
Home ownership at 50 year low per ABC 20/20
Posted on 1/13/17 at 9:17 pm
Posted on 1/13/17 at 9:17 pm
On tv, so no link.
Has Obama mentioned this?
Has Obama mentioned this?
This post was edited on 1/13/17 at 9:20 pm
21
Posted on 1/13/17 at 9:17 pm to tigerskin
(no message)
This post was edited on 1/13/17 at 9:19 pm
Posted on 1/13/17 at 9:19 pm to tigerskin
Probably has something to do with the housing crash a short time ago no? I work in the apartment management and reit industry...great frickin time for it I gota say $$$
This post was edited on 1/13/17 at 9:20 pm
Posted on 1/13/17 at 9:19 pm to tigerskin
In fairness, that's not particularly surprising coming off the Great Recession
Posted on 1/13/17 at 9:21 pm to tigerskin
Gone are the days when you could support a family on a single income, with nothing but a high school diploma.
Posted on 1/13/17 at 9:23 pm to tigerskin
I'm watching. Ronnie's the fricking man. Very inspiring.
Posted on 1/13/17 at 9:34 pm to tigerskin
Clearly, Bush's or Trump's fault
Posted on 1/13/17 at 9:36 pm to TigerNlc
It's been 8 years
reagan took over a recession twice as bad. 10% unemployment. 17% interest rates. Terrible inflation. Who buys a house at 17% interest?
8 years later people weren't making excuses about where the economy stood
reagan took over a recession twice as bad. 10% unemployment. 17% interest rates. Terrible inflation. Who buys a house at 17% interest?
8 years later people weren't making excuses about where the economy stood
This post was edited on 1/13/17 at 9:38 pm
Posted on 1/13/17 at 9:37 pm to tigerskin
Probably has something to do with all these damn millennials still living at home sucking on their momma's tit
Posted on 1/13/17 at 9:39 pm to tigerskin
I do think that being a more Transient society plays a role in this.
Posted on 1/13/17 at 9:41 pm to tigerskin
Banks are forced by the government to give home loans to unqualified people.
Banks are then accused of "predatory lending" when those loans go tits up.
Just like with college, getting government involved in lending eventually fricked up the entire market.
Banks are then accused of "predatory lending" when those loans go tits up.
Just like with college, getting government involved in lending eventually fricked up the entire market.
Posted on 1/13/17 at 9:43 pm to tigerskin
This is what they want.
Agenda 21 points in the direction of more people renting.
The ideal Agenda 21 building has retail and service on the bottom with office and or living above.
Multi-use buildings with stacked housing is what they want.
Agenda 21 points in the direction of more people renting.
The ideal Agenda 21 building has retail and service on the bottom with office and or living above.
Multi-use buildings with stacked housing is what they want.
Posted on 1/13/17 at 9:45 pm to Sleeping Tiger
quote:
The ideal Agenda 21 building has retail and service on the bottom with office and or living above.
Poor people can't afford those types of apartments here. It's actually cheaper to own a house.
Posted on 1/13/17 at 9:49 pm to JohnDeere
Yea this is totally millenials' faults. 
Posted on 1/13/17 at 9:53 pm to JohnDeere
quote:
Probably has something to do with all these damn millennials still living at home sucking on their momma's tit
Too many went to school and paid $200,000 for a degree in African American Transgender Cultural Studies.
That being said, I can't help but lol when Gen X or Baby Boomers talk shite. How retarded do you have to be to not realize who got us to this point?
This post was edited on 1/13/17 at 9:55 pm
Posted on 1/13/17 at 9:55 pm to TigerNlc
quote:
Poor people can't afford those types of apartments here. It's actually cheaper to own a house.
That isn't the point against that you think it is.
Posted on 1/13/17 at 9:58 pm to Pecker
quote:
Too many went to school and paid $200,000 for a degree in African American Transgender Cultural Studies.
That being said, I can't help but lol when Gen X or Baby Boomers talk shite. How retarded do you have to be to not realize who got us to this point?
You sound like you live in a world of cliches.
But yeah, younger people are enjoying renting more.
Jobs change more. City of employment changes more often.
People are getting married later. Remaining single and renting. And then renting with a live-in partner instead of marriage and house purchase.
People are enjoying living in one area for certain years and then move and rent in a different area as they mature.
Renting allows flexibility which has value.
There's lots of reasons if you choose to think.
Posted on 1/13/17 at 9:59 pm to LSUBadger
quote:
It's been 8 years reagan took over a recession twice as bad. 10% unemployment. 17% interest rates. Terrible inflation. Who buys a house at 17% interest? 8 years later people weren't making excuses about where the economy stood
Liberals are to stupid to get it
Posted on 1/13/17 at 10:05 pm to wmr
quote:
Just like with everything, getting government involved eventually fricks up the entire market.
FIFY
Posted on 1/13/17 at 10:05 pm to LSUBadger
quote:
reagan took over a recession twice as bad
Obama took over at the beginning of a recession where the monthly GDP decline was indicative of the largest economic downturn since the Great Depression. Direct and massive government intervention prevented that from happening, but has disrupted the typical U-shaped pattern of recessions. Comparing the depths of the recession and degree of recovery with recession patterns that weren't influenced by government intervention is foolish.
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