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Registered on:5/20/2023
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At this point, the “muh illegal” falls flat.

The Trump administration has thumbed its nose up at “the law” because they can get away with it. No one gives a shite about the law anymore and it’s time to stop pretending you do.
Love flooding skilled jobs with cheap immigrant labor while deporting people who build houses and grow food

Really great policy
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You still havent provided a coherent answer on why a 50yr mortgage is any worse than a 30yr


this should be posterized as an example of why you should be summarily ignored
Why do what you describe?

Literally better off taking the down payment and putting it into an index fund than tying it up in a 50 yr
quote:

Still better than renting perpetually


It’s better than renting perpetually

It’s worse than renting for 4 years and then buying with a 30y mortgage
Fully agree there needs to be more regulation on corps buying up starter homes.

“The market will fix it” cuts both ways. Prices will drop if no one can afford them and corps can’t horde them.
Meh. In your example, you don’t even pay enough principle over 7 years to pay for 5% realtor fees when you sell.

You are basically writing a check to sell your house unless you had some meaningful appreciation, and you had to do all the maintenance.

I don’t see the improvement over renting, financially.


That said, I get it from a standpoint of ownership. I have German shepherds and it’s almost impossible to find someone willing to rent.


But there is basically no financial incentive to do a 50y mortgage instead of rent, and then you have to do the real estate dance if you want to move instead of simply not renewing.
Pretty much. This is an awful look for democrats.
Not quite.

After 5 years, a 300k 30y loan at 6.5% has 281k remaining.

With a 50y loan, there’s 295k remaining. You barely pay down 1k/year the first 5 years.
The only way this makes sense to me is if it’s limited to first-time home buyers since that limits impact on the market.

You’re basically renting the house from the bank for 5-10 years, but hopefully you get some equity back after selling if it appreciates…..or what’s left over after realtor fees.
The democrats got nothing for this besides Mamdani as mayor of NYC, which the establishment didn’t even want.

The GOP may have been originally blamed, but the democrats should be blamed after the fact. They stomped their feet and got basically nothing.
The only real change to SNAP is saying it’s fully funded for the fiscal year, so it won’t lapse funding if there’s another shutdown. It’s not even a concession. Don’t know why people are melting over that.

Completely pointless shutdown.

The only thing democrats got are reversals of things that came about because of the shutdown.

The promise to vote isn’t even meaningful because that’s what the GOP has been saying this whole time- to negotiate it later this year.


Just stupid to put the country through a shutdown for 40 days. It feels like they only did it so they can say the two longest shutdowns have come under Trump.
Weekly close was good. Hope we have at least one more big run in us.
Odd stance from someone who allegedly understands the concept “first do no harm”

50yr mortgages are just going to spike prices and transfer wealth to banks
trumpers simultaneously bitching about “socialism” while sucking off Trump for literal wealth redistribution via taxation
another thread where everyone circle jerks over their mutual misunderstandings of words
I’m trying to understand your logic.

Does it essentially boil down to “x is less retarded than y, so x is a good idea”?
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The Insurance Industrial Complex and the Pharmaceutical Industrial Complex are tied in symbiosis with federal funds and subsidies and they all need to be razed to the ground.


Agreed. It’s time for nationalized healthcare.

We can even call it trump care!