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Started By
Message
This is a bizarre tweet from from Biden's office
Posted on 3/22/24 at 9:24 am
Posted on 3/22/24 at 9:24 am
quote:
For homeowners looking for a new place but worried about giving up their lower mortgage rate, I'm proposing a $10,000 tax credit if they sell their starter homes.
That means more folks can get into houses that suit their needs, unlocking affordable homes for first-time buyers
They're overtly telling you you're about to be replaced and the permanent serf class is coming.
LINK
This post was edited on 3/22/24 at 9:25 am
12
Posted on 3/22/24 at 9:52 am to upgrayedd
quote:
For homeowners looking for a new place but worried about giving up their lower mortgage rate, I'm proposing a $10,000 tax credit if they sell their starter homes.
That means more folks can get into houses that suit their needs, unlocking affordable homes for first-time buyers
I love when the government makes things less affordable and then "addresses" the problem by doing more of what made things less affordable in the first place.
Posted on 3/22/24 at 9:59 am to upgrayedd
quote:
They're overtly telling you you're about to be replaced and the permanent serf class is coming.
I know there’s a big generational divide on this board but starter homes since 2020 have been cost prohibitive for most young people. Not serfs.
This 10k is really stupid. How about banning foreign conglomerates from buying up thousands of starter homes in the US. Canada just did this.
For instance, in Raleigh there is a japanese company that owns like 7,000 starter homes to rent out.
Posted on 3/22/24 at 10:01 am to The Baker
Was it worse than Trump saying I have over $500m in cash while his lawyers says he’s broke ?
The guy can’t get out of own way
Worst client ever
The guy can’t get out of own way
Worst client ever
Posted on 3/22/24 at 10:26 am to Tmcgin
Eat a bag of dicks.
Posted on 3/22/24 at 10:29 am to Tmcgin
quote:
Worst client ever
And yet, he lives rent free in your head...
Posted on 3/22/24 at 10:32 am to The Maj
Government should just buy everyone starter houses.
Oh wait, that’s what they want. To control you.
Oh wait, that’s what they want. To control you.
Posted on 3/22/24 at 10:33 am to upgrayedd
quote:
They're overtly telling you you're about to be replaced and the permanent serf class is coming.
The permanent serf class is already here. It began roughly around the LBJ era.
Posted on 3/22/24 at 10:34 am to Tmcgin
you sound like a two year old. If you want to weep over Trump start a thread and do it. Dont frick up this one, loser
Posted on 3/22/24 at 10:34 am to Tmcgin
Thread about housing prices and Obamas terrible idea.
Some random weird pedo:
Some random weird pedo:
quote:
Was it worse than Trump saying
Posted on 3/22/24 at 10:44 am to upgrayedd
10K in tax credits doesnt really move the needle. The higher rates and inflated prices are causing untenable cash flow issues for buyers, that hurt the poors far more than those looking to upgrade. They'll just take their fat refund and piss it away like they always do.
that said, I support giving every American taxpayer a 10K tax credit - regardless of housing status!
that said, I support giving every American taxpayer a 10K tax credit - regardless of housing status!
Posted on 3/22/24 at 11:08 am to The Baker
quote:
I know there’s a big generational divide on this board but starter homes since 2020 have been cost prohibitive for most young people. Not serfs
I'm saying big companies will buy these houses and create a serf class by taking all the housing off the market
Posted on 3/22/24 at 11:09 am to Tmcgin
quote:
Was it worse than Trump saying I have over $500m in cash while his lawyers says he’s broke ?
The guy can’t get out of own way
Worst client ever
Your TDS is reaching terminal status
Posted on 3/22/24 at 11:12 am to JiminyCricket
How did government make homeprices higher? That was all free market. If anything, higher interest rates should make new construction more attractive....not by much currently, new housing stock has been limited for a decade.
This post was edited on 3/22/24 at 11:21 am
Posted on 3/22/24 at 11:13 am to upgrayedd
quote:
That means more folks can get into houses that suit their needs, unlocking affordable homes for first-time buyers
Translation: "The government will pay you to upgrade so that the illegals can have your old house."
Posted on 3/22/24 at 11:14 am to upgrayedd
quote:
a $10,000 tax credit
Not worth the bank note it's written on or, the ink its written with.
Posted on 3/22/24 at 11:15 am to upgrayedd
"I'm proposing..."
Oh wait it's an election year.
Oh wait it's an election year.
Posted on 3/22/24 at 11:17 am to The Baker
quote:
This 10k is really stupid. How about banning foreign conglomerates from buying up thousands of starter homes in the US. Canada just did this.
Real estate investment companies have purchased 10-15% of single family homes since the financial and real estate meltdown of 2008/2009, that's a lot of homes and it accelerated the rise in home prices across the country. There also have been a shite ton of single family homes snatched up by vacation rental companies.
Posted on 3/22/24 at 11:17 am to upgrayedd
I would probably actually benefit from this depending on how it is written, but it is an absolutely terrible idea and shouldn't be considered.
It won't pass the House so it is a moot point, he is trying to score political points.
It won't pass the House so it is a moot point, he is trying to score political points.
This post was edited on 3/22/24 at 11:19 am
Posted on 3/22/24 at 11:22 am to The Baker
quote:
How about banning foreign conglomerates from buying up thousands of starter homes in the US. Canada just did this.
Just ban ANY foreign entity, individual or company to own land in the US.
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