Thread 516559507

https://www.dailymail.co.uk/real-estate/article-15100151/foreclosure-rate-soars-housing-market-crash.html

https://archive.is/9xBbQ

Panic as desert state becomes ground zero for families losing homes as experts fear crisis could engulf the US
A dramatic increase in foreclosure filings is the latest bad news for the US housing market, with one state particularly hard hit.

In August there were a total of 35,697 properties in the US with foreclosure filings, according to a report by ATTOM.

This represents a 1 percent decrease from the previous month, but an 18 percent increase compared to 2924.

August was the sixth consecutive month of year-on-year increases in foreclosures and the third month straight with double-digit annual growth.

Nevada was worst affected last month, with a foreclosure filing for one in every 2,069 housing units.

Foreclosure is when a bank or lender takes back a home because the owner has fallen behind on their required mortgage payments.

The ongoing rise in both foreclosure starts and completions suggests that some homeowners may be experiencing added financial strain in the current high-cost and high-interest-rate environment, explained Rob Barber, CEO at ATTOM.

'Foreclosures are harmful on both an individual and broader economic level. For homeowners, the process often results in the loss of their property, financial instability, and emotional distress,' Barber told the Daily Mail.

'At a market level, a sustained rise in foreclosures can signal deeper economic trouble, as homeowners' ability to repay loans is closely tied to factors like employment, wages, and interest rates.'
The major metropolitan areas with a population greater than 1 million with the worst foreclosure rates in August 2025 were Cleveland, OH, Las Vegas, NV, Jacksonville, FL, Houston, TX and Orlando, FL.

In Florida, a rising number of foreclosures is just one of the many battles homeowners are fighting.

>>516559507 (OP)
It begins

>>516559507 (OP)
Pretty sure Nevada has the highest rate of balloon mortgages.

Like 80% of modern home buyers in the US are not white

>>516560327
Imagine being brown, getting you first house build by illegal Guatemalans in the US and as soon as you move in it's falling apart. Not only that but you're paying all your EBT money for the next 40 years to pay it off. But one week you decided to double up on your crack allowance and start falling behind on payments

>>516560133
Starting to see a mini spike this fall here in Minnesota. Virginians are up maybe moving away from working in DC. Ohio, Tennessee, Georgia, Texas, California, NY. Likely more homes up for sale by boomers than anything else.

>>516560290
Nevada and Florida never had changed their laws consider they are red states.

>>516559507 (OP)
I take it this study only includes foreclosures and not losing your home due to wildfires and having no water in fire hydrants?

>>516559507 (OP)
Every home is worth half as much as the current market value.
Watching it all implode again 20 years later will be hilarious.

>>516559507 (OP)
How can you lose your house in the US?You have virtually endless space and the population isn't growing much.

>>516559507 (OP)
>jews push for illegal migration
>banks give loans to illegal workers
>beans given mortgages are deported
>banks forclose due to non-payment
Who could have predicted this?

>>516561485
There’s a tribe of desert people that give each other special privileges that the rest of us aren’t allowed to have. Once we take away the special privileges and expel these foreigners, and nuke the desert area they inhabit for the past 70 years, things will be OK again.

county deed records across the country are littered with fictitious persons with fraudulent mortgages attached to them
these fictitious reserve all rights as if they were living breathing men and women enabling the releases of liens
the ones that don't end up in foreclosure theatre proceedings at private bar guild 'courts'
we don't have lawful money and frn don't even meet the definition of legal tender
every recording at every county needs to be investigated for fraud among other crimes
this is what the 1992 savings and loan senate hearings were about and it's the same fucktard merchant masonic attorneys getting away with it all over again

>>516561485
property taxes
Florida desperately needs a moratorium on property taxes.

t.Floridian

>>516561927
That will make housing costs even worse by increasing land speculation and rent seeking. You'll turn Florida into Southern California after prop 13.

>>516561916
The same thing happened in Spain.

I'm not saying it's a bad idea. It's just that I'm not expecting anything good to come out of it.

>>516559507 (OP)
good. fuck housing and fuck people wanting $500,000 for a 70 year old house.

Neveda is mainly Vegas and nobody is going there anymore. So the economy is tanking.

This is somewhat related to the national economy, but in many ways very uniquely Vegas.
Everyone has local Indian casinos and internet gambling now, and with everyone filmed in public acting wild in Vegas no longer stays in Vegas.
Vegas cannot draw enough tourists anymore, the basis of most of Nevedas economy.

>immigrants/illegals getting kicked out and losing their homes
>investment groups getting buttfucked since they are not getting that money from illegals who get the money from the government to pay for it
this is a huge win for actual americans

>>516562510
not certain what else can be done?
between property taxes and extreme rises in homeowner's insurance rates, people are losing homes here.
The Florida State Senate members are arguing that permanently removing property taxes all together is not feasible for the state, but a temporary moratorium on property taxes may give people some relief?
say 2-3 years temporary property taxes moratorium?

>>516560327
Just looking at this 74 IQ piece of shit incites a rage inside me. I would pay a lot of money to be able to be at this to a pulp with a baseball bat and not get in trouble with the (((man)))

>>516561485
Because no one owns anything in the US.
They "buy" things with lines of credit, and these lines of credit demand obscene amounts of money, if you ever hit a slump in your life it's all over because you debtmaxxed and now all of your shit is being taken.

>>516561927
It's $2.5K a year, dude. That's less than two months rent in Florida. Florida is below the national average on property taxes which is crazy when you consider how often the infrastructure gets fucked by hurricanes.

>>516563778
>$2.5K
more like 5k to 10k a year, and add the insurance rates in with the mortgage-
people are being "priced out of paradise" as they call it.

>>516563778
oh, and lets not forget the HOA problem..

>>516559507 (OP)
>This represents a 1 percent decrease from the previous month, but an 18 percent increase compared to 2924.
Damn, I'll make sure not to buy a home in 899 years.

>>516563343
To some extent, the rise in homeowner's insurance is not fixable. It's due to an increase in severe storms, so no matter what, the cost of that damage will have to be taken on by someone.
The real solution is to replace property taxes with a land value tax, because that will eliminate speculation and rent seeking, driving down housing costs, and increasing the ability to build more houses, because builders will no longer have to pay a ransom to landowners.
Ultimately, Florida needs to build more housing in areas that have less weather risk. Getting rid of a tax on land (property tax covers both land and improvements) will only make it harder to build new housing by increasing land costs.

>>516563343

Yeah insurance rates are a huge aspect of the cost of a mortgage now and not factored in with the base housing price.
From tons of fires in California, to endless floods and hurricanes along the gulf states.
Having to replace entire neighborhoods regularly is killing insurance rates.

The south used to have cheap housing too so paying for rebuilding after hurricanes was low. Now it is much more harmful to insurers.

Most developers now build entire neighborhoods at a time and start new homes with HOAs and associated fees too.

Insurance, HOA fees, property taxes.
Then you have regular home maintenance. Sometimes you just need a new roof. There goes 10k.
Oh no the driveway needs redoing, 10k+
Oh the paint...
Termites, mold, water damage...

A lot more than just mortgage payments.

>>516561927
>laughs in new jersey

>>516563951
>more like 5k to 10k a year,
No, retard. The average in Florida for a new home is $2.5K a year. You would need a home that costs $700,000 to 1 million to have a $10K property tax.
Blow it out your ass and use the actual stats.

>>516559507 (OP)
this is retarded boomers that financed a home for 30 years and spent 40 years paying for it but still don't own it because they reverse mortgaged it 5 times

>>516565062
>No, retard. The average in Florida for a new home is $2.5K a year.
really now?
show me the actual stats

>>516560290
Also a huge percentage of service jobs tied to Vegas which has been hit with a tourism slump. Turns out mass unionization increases cost that many are unwilling to pay.

>>516565085
>boomers financing for 30 years

bro 30 yr notes weren't the norm during the boomer era. quit being retarded on purpose

>>516565182
Here, you dumb fuck. It takes 2 seconds to google it.
https://smartasset.com/taxes/florida-property-tax-calculator

>>516565286
every boomer I know doesn't own shit and is in hundreds of thousands of debt

>>516560290
yup, got people to move in for cheap and then get a service job
now no more tips
nevada is definitely number 1

>>516561460
The fact that the majority of homes are selling for near asking price disproves your hot take. Something is worth what someone is currently willing to pay. If prices adjust due to increased supply or decreases demand then they are worth the new price.

Of course foreclosure rates will "skyrocket" when it was impossible to get foreclosed on from 2020-2022 and then everyone had so much equity you had to purposely go out of your way to get foreclosed on from 2022-2024.

>>516565330
hey fuck face, this is the screenshot of the link you just sent me, what amount is on that screen?
is that a
>dude it's just $2500.00?
shut the fuck up you do not even live here, do not try to tell me how is is here you dim mother fucker, i live here.

>>516565085
the reverse mortgage became really popular before covid, I know a few who took them out
many refused to let the money just sit there in a paid off house now its going to come around and bite them in the ass

>>516561217
You cannot buy homes here anymore and have an IQ above 90. You are literally better off building it by hand by yourself. The workers now are straight up thieves and vandals. No sense in hiring them

>>516565614
>the majority of homes are selling for near asking price
The unsold housing inventory is at nearly the highest point it's been since the 2008 collapse.
Why do you morons keep saying stupid shit that is both incorrect and easy to verify just by looking?

>>516559507 (OP)
Lol Nevada and Florida were the first to go bust back in 2008. It's happening again, folks.

>1 in 2000 houses foreclosed on
>MUH CRASH!!!!!
Why are British pedophiles writing about the Holy American economy.

>>516565928
Inventory increasing doesn't mean that people are automatically willing to sell for a lower price.
If someone can expect the house price to recover in a few years, then they'll just pull the house off the market instead of selling it for less than they'd like.

>>516565277
tourism and gambling and overpriced hotels won't do well when the economy is shit, its always been a little bit of a bellwether of households tightening their fiscal belts, so probably not much to do w unionization at all

>>516565719
>500K
Average new home price in Florida is $300K and you cherry picked the highest rate county in the state you disingenuous dipshit. Broward is 0.94 and the state average is 0.76.
Fuck off.

>>516566128
click the link that YOU sent, you fucking dunce.

>>516559507 (OP)
So a bunch of illegals had been buying homes? Along with a citizen?

>>516563778
>>516565062
You’re a fucking retard. There are local tax variations as well as different valuations that each county uses. My old house was 800k and cost me 35k per year in property tax alone.

Hang yourself kike.

>>516566489
WOAH, MAN, IT'S ALMOST AS IF WHEN YOU USE THE ACTUAL AVERAGES YOU GET THE ACTUAL AVERAGE RESULT!

>>516565719
He’s a kike and I think he’s trying to obfuscate the topic to non-residents, so that we don’t get support for getitng rid of the rabbinical tax.

>>516566787
>My old house was three times the average value and i paid twelve times the average tax
Sure, buddy. I believe you.

>>516566790
>>516566128
I LIVE in broward you retarded faggot jew.

>>516566790
who is cherry picking now? woa man.
stfu

>>516566916
Kill yourself, tranny. Not everybody is a homeless junkie kike like yourself.

>>516559507 (OP)
All is well, this is just the bull running loose. What're you some kind of commie?

>>516566790
Hey, I live in FL too and I don't appreciate your tone of voice with my fellow Floridaman. Your facts don't explain my feelings, ya dig?

>>516560327
He's just big brained

>>516564163
anon you may be onto something i need to read and study it further, i am unfamiliar with this.

>>516566928
That has nothing to do with the average and you still aren't paying $10,000 a year like was claimed as the average here >>516563951
You are well above the average and yet still lower than what the other guy claimed.
Why are you trying to defend his bullshit and why can't you grasp what average is?

>>516567035
Bet you live right here in broward too, don’t you, lying faggot fucking vampire kike.

>>516559507 (OP)
WTF is Desert State?

>>516566931
IT'S THE FUCKING AVERAGE YOU DUNCE!

>>516564163
No such thing as lower hurricane risk in Florida. Not the panhandle not anywhere

>>516559507 (OP)
Vegas is always the worst affected in any economic downturn, been that way ever since it came to be.

>>516567068
https://www.youtube.com/watch?v=smi_iIoKybg

>>516559507 (OP)
Housing crash, this bald youtuber has been talking about it for years.

>>516563343
>paying for infrastructure is bad
Kek Floridians are truly subhuman. Hilarious how now that it's a red, rather than purple state the GIBs stopped and Floniggers have to actually pay for their roads and bridges.

>>516567144
https://en.m.wikipedia.org/wiki/List_of_North_American_deserts

>>516559507 (OP)
>high-interest-rate environment
Interest rates have never been lower during hyper-inflation.

Bailouts and free loans are what allowed banks to buy up all the fucking homes and enslave us in the fucking FIRST PLACE!!!!

>>516560327
Hmmm, Looks like he's got a lot on his mind!

>>516565928
I said selling for near asking price. This, by definition, does not include unsold homes.

>>516559507 (OP)
and the best thing?
boomers have invested all their money into blackrock assets, and now blackrock is going to buy all these house foreclosures, and now blackrock is going to make everyone rent everything from them, and we will own nothing, and we will be happy.

>>516567704
>the homes are selling near asking price if you only count the ones that are selling and not the ones that are sitting unsold because the asking price is too high
I'm done with this thread. Too many retards.

>>516567166
Florida's property taxes are lower than the U.S. average effective tax rate of 0.90%.

you projectionist little turd, you are accusing me of the same shit you are doing yourself.
you sent the link, i sent the default screenshot back of the link you sent, you claimed i was cherry picking, then sent a cherry picked screen shot yourself at 0.759% (Pinellas County) claiming i am the dunce.
>0.90% not 0.759%

look in the mirror foolish one, you are defeating yourself with your own arguments, and you do not even live here.

and you are not factoring in the HOAs and everything else that goes on here just like this anon stated: >>516564547

>Florida's property taxes are lower than the U.S. average effective tax rate of 0.90%

stop this garbage argument, you claim to be in the know and you clearly aren't.

>>516568020
You do too. Your insurance premiums? They go into an investment account managed by, guess who? Blackrock.

>>516568056
OK run away then. Selling price is just that. Where am I wrong?

>>516568020
Land value taxes solve this
>>516564163
>>516567298

>>516568085
>Florida's property taxes are lower than the U.S. average effective tax rate of 0.90%.
now do house insurance

>>516567128
Fuck no. I live in Daytona Beach. Broward is a nigger-jew hellscape. We do have Chitwood unfortunately.

>>516567486
>being unaware of the domino effect is good
what state are you located in while you cast stones super guy?

>>516559507 (OP)
No sympathy for poorfags

>>516559507 (OP)
>>516559507 (OP)
>2924
Why are you editing text in the article and not just copy paste it? That is such a bizarre thing. Is this a play to alter news stories knowing people wont follow the link and only read it here?

>>516564547
Insurers are faggots that fuck policyholders at every turn. I should know, I'm a contractor that fights them for a living on weather damage claims. I've recently had them ignore a binding appraisal award from a claim in a lawsuit for 2.5 million dollars.
>We signed a contract with an appraisal clause
>OY VEY WE LOST?!?
>SHUT IT DOWN
Now because of their conduct it's going to the even gayer punitive damages phase. The attorney won't actually litigate it, but mostly use it to close the claim with cost+damages+loss investigation/attorney fees. I signed this job 3 years ago. Almost all of my claims take 1+ years now to resolve because insurers across the board don't want to pay for shit, and the Fair Claims Practices Act is structured in a way that they can do whatever they want to breach the contract and deny the claim because they only did something wrong IF the policyholder sues them

>>516567397
>Sky is falling
>Sky is falling
>Sky is falling
.....
>Sky actually falls
>See I told you

>>516565277
>unionization
Is that actually why Las Vegas has been nickel and diming tourists to the point of making it a shitty experience?

>>516568527
i have 2000 characters here to fit, the article is much longer, what is your point?

>>516568183
Untrue. Insurance companies are banks, and often manage their own investments. For example, State Farm Automobile Insurance of Bloomington IL is one of the largest holders of ASML stock. One thing that IS gay about your insurance premiums is that you as the policyholder are paying for potential litigation against them in your premiums. It's literally in the rate sheet, that you will of course never, ever see.

>>516559507 (OP)
Thats because Biden started giving houses to minorities with shitty credit. AND forclosures for people who didnt make morgage payments during COVID.


>https://www.newsweek.com/biden-raises-costs-homebuyers-good-credit-help-risky-borrowers-1795700

>>516561217
home building in america literally just became one big fucking scam. hire a bunch of illegals to put together cardboard shit boxes while you cash out on the contractor money. FUCK this contractor, plausible deniability shit

>>516560327
They give them a bunch of free money so they can buy the real estate they've invested into. And if you ever try to look into that, they'll fly a plane into another building.

>>516559507 (OP)
What's the percentage of these homeowners being from investors who buys multi level homes to rent out (pays for the mortgage) and now they're having problems renting the apartments?

>>516559507 (OP)
So house prices should be going lower…right ?

>>516559507 (OP)
>A dramatic increase in foreclosure filings is the latest bad news for the US housing market, with one state particularly hard hit.
its flipper faggots who buy multiple properties and are eating the losses as houses lose value after they buy them. fuck those faggots.

>>516559507 (OP)
>line always go u...
...-ACK

>>516561927
>chuckles in Connecticut.

>>516567166
here let me help you out some more,
"this took two seconds to google it"

Highest effective tax rates:

St. Lucie County: 1.07%
Broward County: 1.00%
Alachua County: 0.93%

Lowest effective tax rates:

Walton County: 0.53%
Monroe County: 0.56%
Collier County: 0.57%

^surprised you did not do what you were accusing me of not doing and cherry pick these counties with your 2 second google search.

>>516559507 (OP)
>state that has a high number of gambling addicts and consoooomers who heckin love expensive things also has a relatively high number of people foreclosing on houses
imagine my shock

>>516559507 (OP)
>2924

only current topics on /pol/ we have enough going on without you time travelers continuously coming back here for our sagely takes

>>516564163
land value tax doesn't solve anything.
it replaces one tax with another.
who gets to decide the value of the land?
>uh, the government
then, ultimately, it will be no different than the system we presently have.
it doesn't matter if you call it a bushel tax, a squirrel tax, or whatever... they're not going to tolerate a reduction in revenue.
thinking otherwise is folly.

>>516565277
Vegas could be profitable within two weeks without changing anyone's pay if it was run by someone other than a bunch of hedge fund ghouls who think that the key to success is quarterly profit line go up.

>>516559507 (OP)

why is texas having foreclosure problems when a massive amount of people moved there in the last 10 years????

>>516559507 (OP)
why maine?

>>516569022
This is sort of true. The problem with track homes/subdivision development is that the moment these guys stop selling houses, they are fucked. A lot of the upfront cost is the development, and believe it or not, builders make very little on the way of margin on sold houses. It's a volume shell game to keep the money faucet on from their lenders. You could see some big builders get real squirrelly soon if there is even a moderate slow down in new build sales. Materials are also still 30%+ more than what they were during fucking COVID, at least on my end (commercial roofing). I can also tell you that a lot of my customers that had replacements planned put them off indefinitely.

>>516569210

Importing more home buying h1b jeets and chinks to offset it and keep prices high.

>>516568577

Oh yeah, if your insured home burns down in California you will be homeless for at least 2+ years. 1+ before any decent insurance money, 1-3 years to get the single home permited and rebuilt once you have insurance money.
Still owe a mortgage for the home you no longer have the entire time, so renting or taking on a new mortgage won't be easy.
Neighbors that burned down will move away and be replaced by immigrants so you won't want to live there after jt all anyways.

>>516563190
What else is associated with Vegas' demise? Boomers starting to die off or run out of disposable income? Vegas has always been an attraction to their era.

>>516568527
>>516569623
what do you want me to do? it is a typo, you liver lips are talking about that rather than how to fix this problem with economically viable solutions.

>>516561460

it just needs to implode now so boomers feel the pain - it's not fair for them to live another 10 years and die without experiencing what they created

>>516563712

what a fucking reddit kike you are - 70% of the residential real estate in the USA is outright owned and not on mortgage to the banks

>>516561567
Paul Newman was a jew

>>516564163
They should just make all forms of insurance totally optional at this point. If they're going to charge me out the ass and then not pay for damages to my assets, then why should I pay them anything at all?

>>516563778
>s which is crazy when you consider how often the infrastructure gets fucked by hurricanes

god damn you are stupid - like intrinsically a specific tax revenue is somehow tied to fallout costs - just collect the tax from something else you retard

>>516568527
>>516569623

>>516564163
>It's due to an increase in severe storms

no it's not - jesus fucking christ this thread is full of narcissistic know nothing reddit jews

>>516569957
>a bunch of hedge fund ghouls
Cool it with the antisemitism, mmkay?

>>516569960
niggers and mexicans qualify for favorable terms at banks for mortgages

city does it by census bias (nigger and spic areas get "homerun" especialities

boa has their shit

tall the big boys have a nigger spic handout

we are seeing a collapse of CONSTRUCTION and belt tightening in CASUAL DINING.

>>516565405

> every boomer I know doesn't own shit and is in hundreds of thousands of debt

you're a nigger then - or more likely just Chang or Ivan shitting up the thread

>>516570076
I have been doing this for 15 years, and I've never seen anything like this. I used to meet with maybe one or two engineers every couple years on claim disputes. Now, every fucking claim I work, the carrier hires an engineer, building consultant, etc. to deny or greatly minimize the amount of their exposure. There are of course ways around this (your own experts), but most policyholders aren't going to spend 10-20k of their own dime retaining experts to fight their denials. 99% don't even know this is an option.

>>516559507 (OP)

Why dont people set the house on fire when they get (((foreclosed)))?

>>516570093
i’m literally a residential appraiser in denver

i went from killing one sale a quarter last year to two a week this year, i’m aware and there’s no way to fix it but prepare

did two foreclosure drive-by appraisals last week and I have another next week in colorado springs, most of these I ever got every year before was like 2 or 4 from borrowers that died intestate (no family)

now it’s regular people, they’re still giving up the second cars and RV’s before the house but it’s getting bad, my sister-in-laws boyfriend has been unemployed for almost two years and he does nothing but play tarkov now, he just gave up

>>516570557
arson is rather easy to prove

what people did in 2010 was put cement down the drains and leave the faucets running when they fucked off

>>516561217
Imagine being the average American renting that same property from a kike

>>516569022

it's not just one market in america - it's the entire country in every sector - turns out flooding the country with spics and indians and DEI'ing management with all of them and women turned the country into the most divisive disorganized corrupt nation that has existed in 1000 years. This is biblical level shit that is happening right now.

>>516570023
>Materials are also still 30%+ more

it's because our international purchasing power is shit - you are probably talking about imported items - the tariffs are cover for the lost purchasing power so the public stays unaware IMO

>>516570609
i bought my house right in that little dip before the moon. 2.5% baby

>>516570393
Overall, the amount of severe storms is way down this year. I know, I track them. The largest exposure for insurers in the US is hailstorms, not hurricanes. Floridas problem is that the areas hit were all built pre-Miami Dade building codes and because of this, the houses were demolished. They also are having a huge problem getting someone to underwrite the reinsurance for state underwritten hurricane insurance programs.

>>516570880
i thought this was mortgage rates, but that chart looks similar. oops

>>516559507 (OP)
That image looks retarded

>>516570609
yes, have been seeing that news lately.

https://www.dailymail.co.uk/yourmoney/cars/article-15085869/car-dealer-tricolor-bankruptcy-debt.html

>>516569878
Redistribute the land tax revenue as UBI.
In any case, even if the government sets every dollar from the tax on fire, it will still be beneficial because it will eliminate land speculation and rent seeking. So land will be put to its best use, rather than being used as a way to scam people out of their hard earned wages.

>>516570078

I was there 8 years ago and everything was like a shittier version of disney world. All the food was overpriced to like $50 dollar plate lunch or $75 plate dinner but the quality of the food was like a 1980s Denny's restaurant. It wasn't fine dining quality it was SHIT. The people that go to vegas are also some of the most unattractive humans you will ever see. I have never seen more obese people in one place than I have in vegas.

I think it just SUCKS in general. I don't think it's one specific thing. I just think all the classiness of it being luxury tier is completely dead.

>>516559507 (OP)
>This represents a 1 percent decrease from the previous month, but an 18 percent increase compared to 2924.

Based time travellers

>>516559507 (OP)
Any finbros with advice on how to capitalize on the downturn? Make lemonade from lemons, ride the tiger, etc.

>>516570871
Ironically, the virtually all of the materials I use are manufactured in the US by US companies(Carlisle Syntex). It's the chemicals that they use to manufacture EPDM/TPO/PVC roofing membranes and polyiso insulation that are driving the costs up. A lot of them come from Germany and Canada.

>>516570880
still, legitimately happy for you anon, make sure to feed and water it every month

>>516570922

they've over played their climate change hand so much whenever i hear anything weather related i know it's automatically fraud of some kind. Weather channel website constantly lists my rural montana town as being 10 degrees hotter than it really is. You shouldn't trust meteorologists they lie about everything and it's one of the shittiest sciences.

>>516570718
How are you going to prove I left a gas soaked towel on my lamp on purpose?

>>516571169

that's not ironic then - it's literally what i said

>>516559507 (OP)
>literally just bought a home
NO

>>516570557
arson ia a felony, bankruptcy usuallyvisn't criminal.

>>516571505
proof, it's not what they need

beyond reasonable doubt means some retards figure eh he probably did it and you're fucked

>>516559507 (OP)
Cleveland, OH: niggers
Las Vegas, NV: spics
Jacksonville, FL: niggers
Houston, TX: spics
Orlando, FL: spics

White people aren't losing their homes.

>>516570552

Pressure to stop raising the already high insurance rates while still maintaining the profitability of the past while having to cover far more total losses in fires, floods, and hurricanes.

They are adopting healthcare insurance practices to maintain profit.
What was Luigi's bullets? Deny, defend, depose?
Having to battle your own insurance company to cover what they agreed to for at least a year is the new method they use to maintain high profit.
If many give up or die before getting a payout they save and can keep from raising rates even higher.

>>516571021
>a company that provides auto loans to families with poor or no credit has filed for bankruptcy
Is this supposed to be a surprise?

>>516565277
yeah it was the unions, not the nickel and diming from the national and international investment firms seeking a quick ROI

>>516572148
no, but it a flashing indicator to me
see: >>516570609

>>516561217
A building firm bought 10 acres of green space, former cow pasture next to a small park in my town. They started building townhouses on them. Only half of them got built and half of those are vacant/unsold.
I hope it gets turned back into green space in next decade... assuming dems don't win again and start packing them with browns again.

>>516572148
bonus: gigafraud

multiple loanees and loaned assets literally did not exist - that's why they went straight for chapter 7 and are all fleeing (((home))) now

>>516569878
>then, ultimately, it will be no different than the system we presently have.
He doesn't know how high the Georgists want the LVT to be

>>516571526
Lot of things have global supply chains. That is something Trump absolutely didn't understand when he started trade war with the rest of the world.
>>516572063
>White people aren't losing their homes.
Niggers and spics might be losing their homes even more, but absolutely fuck load of formerly middle class whites are getting fucked by mortgages, car financing, credit cards and other debt.

>>516560133
You're all so bored and unhealthy.

>>516570078
Cheap flights from major cities allowed niggers to swarm in. The mob lost control of the city and everything is now owned by national and international investment firms. On top of that, all the unique architecture got torn down starting in the 90s and replaced with soulesss modern slop that maximizes sqft and everything is that modern metal and glass look.
Also as others have said, indian casinos and online gambling allow the addicts to stay home and blow their wad.

>>516560327
I say this in every thread like this

>things bad now!
Yeah, it’s really bad for a lot of people because a lot of people are unemployable niggers. We have a huge underclass of perpetually poor, retarded brown people that has grown exponentially, yet people act surprised that they can’t accomplish normal things like keeping a job or paying for a home.

I feel bad for the younger white people who get tangentially caught up in this.

>>516572397

Almost never turned back into green space.
Once land is developed the underlying value is so inflated that it will always have new building planned if what is current fails.
There is rare exceptions to this, like abandoned towns. But unless your whole area turns into somewhere you probably don't want to be, that lot will always be buildings now.

>>516572089
I don't know about health insurance, but I imagine it's very similar to P & C in that I guarantee part of the premiums paid are specifically to fund their attempts to fuck you out of paying. I do 100% know that I have claims they know they will eventually owe for, so they purposely delay the payments for as long as possible because the money has been parked in some account gaining interest to minimize their loss (or even profit off of it). I work big claims (400k to multiple millions of dollars), but this bullshit is 100% coming to residential properties. Alpine Technologies is a the forefront of low cost, high volume engineering bullshit to provide a (((credible))) basis for denial.
>The insurance company sent out an engineer
>They said no
>They must know what they are talking about because they are an engineer
I eat fucking engineers for breakfast, but it is extraordinarily effective in drawing out a process that should take weeks to one that lasts months or years.

>>516566091
>willing to sell for a lower price
it's a depreciation asset at some point and you will sell at the price -cost of repairs

>>516571505
insurance companies pay private forensic investigators with the sole purpose of proving you did it so they don’t have to pay, even if you don’t do it

honestly water is worse especially in places that freeze, couple of thaw cycles and your house is filled with mold and the basement is probably full of water

i went down to a basement in a foreclosure once in the winter around 2011, got three steps down and slipped on ice, got my flashlight out and I could see a bike underwater on the basement floor, ice pushes out the foundation when that happens it’s basically an irrecoverable loss for the entire structure

>>516571505
depends on how much hassle you want to deal with
insurance complains, fire department investigates, hands off to the cops
now you have to deal with the law. you do anything to the FD or PD and you get fucked, so you just gamble with how busy the PD is.

>>516561485
Jew bankers

>>516573290
I see these faggots all the time
>EFI Global
>MKA International
>Donna Engineering
>Envista Forensics
>American StructurePoint
All these homos all work exclusively for carriers. They are never there for an honest opinion, just literally rubber stamp the insurance company denial with a "licensed engineer stamp" on their reports. The best is that all of them have a disclaimer at the end of their reports that says "lol, we reserve the right to be totally wrong and there's not shit you can do about it". I've been exploring ways to go after their Errors and Omissions Insurance when they just make shit up and stamp it hoping no one will realize they are full of shit.

>>516559507 (OP)
MIGA

>>516570361
Ah, I checked the archive to the article, it was a mistake on their part that they fixed by the time I saw it

>>516573029
Yeah I know you're right. But there is always hope.

>>516573443
I know the adjuster from State Farm for the house explosion in Indianapolis. Some of these guys have very, very sophisticated in house investigation units as part of their SIU section (fraud investigations essentially). State Farm is actually the one that found the tampering and let the ISP and IFD investigators know.

>>516559507 (OP)
who the fuck says "desert state" lmao eurotrash

>>516559507 (OP)
Blackrock will just buy them all with fake money. You will own nothing, jews will own everything.

>>516568020
Blackrock being involved in housing was one of the conspiracy theories we saw play out in real time. It all started with a human interest story on Vice about a private equity firm buying an entire block of houses in Texas, taking them off of the market, and just waiting while their values increased.

At the time, companies like Blackrock accounted for less than 3% of all home ownership. Still, people were screeching that these companies were ruining the market. They weren’t ruining anything at the time. They were involved but at such a small volume it was a non-issue. No one was saying they would ruin things in the years to come, but here we are. 25% of all homes are owned by private equity firms.

>>516570225
Retard

>>516559507 (OP)
“Capital must protect itself in every possible manner by combination and legislation. Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile and more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers. This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world. By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished.” – USA Banker’s Magazine, August 25, 1924

>>516563712
>>Because no one owns anything in the US.
>>516570225
70% of the residential real estate in the USA is outright owned and not on mortgage to the banks
Just because you don't owe the bank doesn't mean you own a damn thing. Try not paying your property tax to the (((government))). Someone with a gun on their hip (and its implied violence) will eventually show up to your home and show you who owns it when they kick your ass to the curb for not paying the property tax - and then sell your property on the courthouse steps to the highest bidder to cover the tax. Same goes for your car. No registration (tax), no drive. In America, the only thing you actually own is cheap chinese plastic shit.

>>516559507 (OP)
>desert state
nevada is the silver state, is the ai writing these articles unable to figure that out?

>>516574455
If the general public were aware of just how much the government has fucked them over on housing I doubt we'd be able to keep things under control. Personally I did some work for a landlord who owned several apartment complexes, and while going through his records I found that probably around half of his tenants had their rent paid every month by various NGOs, charities, or government programs, I'm fairly certain the NGOs and charities were USAID funded, and these were not slums or flophouses either, these were going for around $2-3000 per month. How many apartment complexes like that are out there? To what degree is rent inflated because our tax dollars are housing the entire third world?

>>516571145
Not gonna lie your definitely not smart enough to pull it off but yeah this is a bubble by definition so you’re looking at a different win mechanism than CDS, for me I do algo on calls and puts.
But it’s quite advanced, I study a lot of mathematics. I dropped out of college at 16 to start working for liquidity.
A degree is not equity.
You can learn shit with a onahole on your dick while jorkin it to hentai on the couch.
I’m 21 now and I’m probably more skilled than most PhD candidates.
My brother goes to school for art, costs my poor beloved mom who raised us alone 30k a year plus the debt he gets anyways. I’m not even that successful I make like an average salaryman and probably work harder. But she’s always asking me to help bail her out.
People are fucking dumb and will be poor forever.
My advice be aware that trump has chips in real estate but he can’t afford to bail everyone out and is obligated to bail out banks first.

>>516575457
Interest rates will NEVER be 3% again in our lifetimes lmao. Housing only got so expensive after 2008 because cheap credit allowed people to pay more for homes. That cheap credit doesnt exist anymore so the 2008-2022 price growth is literally impossible. The housing market is either going to stagnate or decline now.

>>516559507 (OP)
Foreclosure isn't really that big of a deal. You want to move out of your house but you can't find a buyer who will pay you what it's worth to sell it, so you simply move out, stop making payments, and hand the keys over to the bank so it's their problem. It's better than taking a loss if you paid too much for your house.

>>516575457
The banks have already been bailed out. The only thing that matters now is the wealth of the bankers, and their ability to print more money and give it to themselves

>>516562510
The property you live in (primary residence) should be tax free. Your vacation home or third airbnb should be taxed for the strain temp residents put on the infrastructure, services, and fellow residents.

>>516566091
>they'll just pull the house off the market instead of selling it for less than they'd like.

Know who doesn't do that? Builders. They build and sell for as much as they can, while sitting on inventory for the least amount of time possible.
What that means, is that if they can build or have money tied up in something, they will sell it for whatever they can get, until they can't sell.
It only takes a few sales in a market at a lower price to re-value everyone else's property.
TLDR- Builders set prices, not private homeowners.

>>516575803
>it’s a bubble
Ok thanks for agreeing
Maybe you replied to the wrong guy?
>>516576375
Through debt
If you don’t like Zionism have zero debt.

>>516576486
This is anti-semitic

GOPs cope
>its the mexicans buying all the houses!
>its Clinton/Obama/whoever the fuck is on the other teams fault!
I will laugh my fucking ass off if the whole shit explodes and then Cheeto starts bailing banks/corps again while leaving people in the dirt lol.

>>516560327
>>516573027
so where do all white people live? in the streets?

>>516566766
>So a bunch of illegals had been buying homes? Along with a citizen?
Yes.
And a bunch of jews are buying to rent out to illegals/niggers, then rent out to taxpayer funded Section 8 "qualified" tenants.
Two things would fix housing costs immediately; don't make it legal for non-citizens to own homes, and end Section 8/.gov assisted rent.

>>516576956
apartments, trailers, cars, etc

>>516576621
That only works if private homeowners haven't captured most or all of the available land. Take a look at Southern California, specifically the bay area, to see how private landowners do set the price of land.
>>516576486
This creates a distorted incentive to only build big homes. It sounds good to start with, but the problem is single family homes use a lot of land to only house a handful of people. Dense apartments won't get built, but that's what's really needed to solve housing issues.
Taxing all land by its rental value creates no distorted incentives, and removes the deadweight loss brought on by land speculation and rent seeking.

A home should be a human right.

>>516576486
>The property you live in (primary residence) should be tax free.
If land speculation isn't eliminated, then it won't matter because nobody will be able to afford property

do business with criminal government murderers see where that get you

>>516566091
Logical. People see these crazy prices and figure,
>if I can sell my house for $X, I’m doing it and moving to Y, or retiring.

>>516577015
AHAHAHAHAHAHAHAHAHAHAHAH the superior race cant get homes?

>>516559507 (OP)
>americans complain about expensive housing
>look on zillow
>affordable houses everywhere
You're just too entitled.

>>516567064
So what's that then, like 82 IQ?

>>516559507 (OP)
Finally I can buy a home once the banks foreclose on retards and niggers

>>516577045
How many of those properties are actually owned by artificial persons? My bet is quite a lot. You WILL get real estate churn with real people. Artificial people don't die and would pay property tax because they cannot by definition live there as a residence.
>>516577181
>Don't chop off one head of the hydra because there are several.
All land should be owned by a natural citizen. If I can't poke you in the eye you should not be able to own a piece of land.
I'm just sick of transients voting for infinite government programs and then moving to another apartment because their rent has gone up to cover it. No skin in the game (no land) should mean no voting whatsoever.

>>516559507 (OP)
>be merican
>buy house in desert
>amazed nobody want to buy it from you

>>516577045
>Take a look at Southern California, specifically the bay area, to see how private landowners do set the price of land

>look at this fraction of a percent anomaly of the U.S. Housing Market for me to prove my point.

t. leftist

>>516577722
I think they're talking about here. But yeah Nevada is hot as fuck

>>516577578
Detroit is a dead city. it wont exist in fifty years.

>>516576621
Also logical. Builders are buying nice houses here, knocking them down, and building these big 5bds 4ba houses for 2M at the same time flippers are buying the nice $500k houses, putting down cheap vinyl floors and selling for $1.2M. There’s a lot on the market here. I don’t see this being sustainable. A builder bought a nice house across the street from me and knocked it down this week. They want to build two big houses on the lot. I hope they lose their shirt.

>>516559507 (OP)
Yeah I just saw a foreclosure in my neighborhood here in northern NJ. Last two homes i bought, one was a short sale one was bank owned. Both are pieces of shit.
>hand rubbing intensifies
I could sell these two houses then bid on a way better house in foreclosure. WEW WE MADE IT LADS. GO GET PRE-APPROVED NOW SO YOURE READY TO GO.

>>516576727
This is his plan from the beginning.

>>516576956
Tons of ghetto people are trying to buy houses and a large amount of young americans are brown is all this means. Meaning browns have a giant pressure on the market to build, the largest in US history. That's why all the houses are junk now because browns will buy them anyway

>>516577721
Taking away land ownership from corporations can help in some cases, but it will also destroy the incentive to great highly dense housing, which is what is needed in cities to lower rent, since only big corporations are going to have the capital and resources to build dense housing.
Banning corporations from land ownership sounds like a good idea to start with, but creates distorted incentives.
All you need to do is tax away land rents, and then you get all these benefits of these policies of restricting land ownership, without any of the distorted incentives.
>>516577873
I'm a leftist, but I want corporations to be able to own land?
He claimed that builders set the housing price. I showed an example of where that fails, due to the land supply being locked up. I never said that they don't influence land prices, just that his solution won't ultimately solve the problems caused by private ownership of land values.

>>516577578
I’m reading these and they’re being sold in mandatory bundles with mandatory development agreements, meaning you’ll probably be spending 500k in development.
These are clearly some kind of bank-government-developer mafia scheme on abandoned or foreclosed homes.
Plus it’s fucking Detroit.
Good luck getting a loan to develop 3 houses.

>>516577721
>All land should be owned by a natural citizen. If I can't poke you in the eye you should not be able to own a piece of land.
I agree with you anon. Citizens and only citizens should be allowed to own land in their native country.
>I'm just sick of transients voting for infinite government programs and then moving to another apartment because their rent has gone up to cover it.
This confuses me, why would you be against people moving to somewhere with lower rents? That's the just the free market. Unless you're suggesting that the government programs these proposed people voted for are responsible for the increase in their rents, then sure. Too often the candy man of democracy offers solutions to the symptoms and not the causes, usually creating more pain in the future.
No skin in the game (no land) should mean no voting whatsoever.
For how long anon? How many generations will be able to subdivided your land? At some point your descendents will be priced out of their own country. A nation of tenants is in our future if we do not address the perverse incentives of natural monopolies. To borrow from your hydra analogy, land speculation is not one head but the whole

>>516566787
Hey to be fair you have no state income tax

>>516578589
>Tons of ghetto people are trying to buy houses and a large amount of young americans are brown is all this means. Meaning browns have a giant pressure on the market to build, the largest in US history. That's why all the houses are junk now because browns will buy them anyway

do you retards listen yourself? utah is a mormon white country and theyre losing their homes. It has nothing with niggers and spics or "im white i cant buy a home wahhh" keep blaming everyone but our leaders.

>>516559507 (OP)
Please God, let the housing market crash. I am SO ready to slurp up prime real estate for pennies on the dollar and 1% rates.

fun fact
>fun fact
the daily mail is the UK version of the new york post

>>516578454
How does that work? If the market crashes, wouldn’t my home value crash also? Wouldn’t it be better to keep the house, buy a nicer house, and rent the less nice house?

>>516578706
>I'm a leftist, but I want corporations to be able to own land?
No, you're a leftist because you cherry pick something that is far less than 1% of the entire picture to try to prove your point.
And I guarantee once you start looking into tax records in the Bay Area, that the majority of property records show that businesses account for the majority of ownership in that market, not to mention local government influence on real estate in the area.
For the past few decades in the majority of markets across the U.S., what sets market prices are new construction sales.

>>516579130
So a field in the middle of nowhere with a bunch of foreigners moving there and buying all the houses?

>>516579638
I went to foreclosure auction about 10 years ago. the bank only wanted $120K and it sold for $190K
so the former owner still made about $70K

>>516577721
Highly dense housing is a blight on the landscape and you should be deported for that opinion alone.
>>516578884
People who reside in a community should not have to be beholden to people who have the option to easily leave. You want a say in the community? Buy some fucking land. Renters can escape the consequences of voting for free stuff, while it is more difficult for owners. Guess which bloc is larger and has more influence?

>>516564163
>increase in severe storms
Nigger Floyd riots were the largest man made insurance event in history.

>>516576639
Home prices need to come down a lot, Once capital starts flowing elsewhere when (((they))) realize that RE isnt the money making machine it was in the 2010s I think they will.

>>516579940
I get the sense that we are talking past each other here. I agree that voting for free things is simply borrowing from the future, and I agree that communities should not be beholden to transients. I'm simply pointing out the cause for both of your issues.
>Guess which bloc is larger and has more influence?
More people own homes than not

>>516570508
>we are seeing a collapse of CONSTRUCTION and belt tightening in CASUAL DINING.
Construction is blowing up all over Texas, can't drive more than 50 feet in a highway or city without being smashed into a single backed up lane due to 500 construction workers sitting around jacking off. It makes sense for people to stop eating out though, because the quality of fast food (and even sit-down food) has hit rock bottom. I am actually disgusting by the slop fast food places serve now, on top of charging ridiculous prices for it.

>>516580340
Are you familiar with the "Natural Cycles" of the economy? You know, when people say that the economy is good, then it must naturally go down as a result?
When you understand how "money" is created today and how easy it is to add it into the system and then take it out when desired, you realize that the "Natural Cycles" of the economy are all bullshit and there is a reason why real wealth has been concentrating in the hands of fewer people since the Private Reserve was introduced.
(((they))) know how to make Real Estate seem desirable to inflate value, and they also know how to make Real Estate lose value so they can buy it up and consolidate tangible assets at the dip.

>>516563190
>This is somewhat related to the national economy, but in many ways very uniquely Vegas.
no it isnt. Everything is down far more than vegas is down. Vegas is only down 11% year to year.

>>516579861
I meant how can I profit from this?

>>516560327
>(((buyers)))
they are in the home but the money is from your pocket through the US government
basically you are paying for browns to live in nice houses and so i everyone else

>>516571437
>rural montana town
Howdy neighbor. 100%. Supposedly they’ve recently to global cooling, which of course is still climate change.

>>516580726
>Construction is blowing up all over Texas,
If the construction you are talking about is Residential, it's more than likely that it's DR Horton building all their new "Rental Communities"
They seem to be going all in on building neighborhoods that they will continue to own after construction stops, then rent out and not sell.
Their builds are shit anyway so once the renters tear them apart after a few years, they can tear them down, write off the cost, then rebuild.
They seem to be forecasting a downturn for the next bit on people's ability to purchase newer homes.

>>516559507 (OP)
blackrock is using the housing bubble that they created ?

>>516579861
>>516581126
Say my house was worth $500k. Now the market crashes and it is worth $200k. I dont have much equity because 0 down VA loan. Can I just stop paying?
Will the bank say
>just give me $300k and we call it even.
Or
>we will lower your mortgage to be more in line with the actual price
Or I could say
>fuck you im not paying
And buy another house for $500k but a much nicer one.

>>516580992
They didnt plan this, they actually thought they could have free credit with no inflation forever like japan.

>>516581444
>they
Who is "they"?
Bankers or the retards that don't understand money and live on credit?

>>516559507 (OP)
Well I hope I can get a home for a lower price.

>>516579728
I didn't cherry pick anything. I agreed that builders can set prices when there's an adequate supply of land. But I demonstrated how without LVTs, that pricing won't last forever. It will eventually devolve into all the land being owned by an ever decreasing amount of people.

>>516574358
Sad but true. Only way to fight back is by squatting.

>>516581184
We're subsidizing browns to move into shit shacks with foundation and roof issues and broken trusses

>>516572909
Your fear fuels me

>>516572397
>I hope it gets turned back into green space in next decade...
Fuck you NIMBY, you are part of why housing supply is crunched!

>>516572881
I hope everyone gets fucked and stops participating in this Jew slave trade

>>516582393
The housing supply is crunched because of 100 million immigrants that should not fucking be here at all Indians should not be here

>>516582293
Not true. I live in Washington. Afticans buy nice homes and turn them into nursing homes. It happens frequently

>>516582541
DEPORT ALL INDIANS

>>516582614
>Afticans buy nice homes and turn them into nursing homes

>>516582393
look into how much shit is vacant and being used by firms like Blackrock to keep their infinite money glitch running

>>516581952
>It will eventually devolve into all the land being owned by an ever decreasing amount of people.


>housing gets old, run down, insurance and taxes increase
>most residents get forced out, lose homes, move away
>some stay
>developer comes in and starts buy and offers the holdouts to sell
>if holdouts don't leave, let rest go to shit and niggers and homeless move in
>property value decreases
>will all be torn down anyway
>holdouts accept buyouts
>developer now owns the previously owned land and builds new that they set price on

There was no new land created in this scenario. Most private owners won't buy a 'fixer upper'.

>>516559507 (OP)
Nevada is a dying state. Young people aren’t into getting sloppy drunk and pouring money into slot machines. It’s probably the least appealing thing there is. That and Nevada is expensive. No good prices anymore. The blood letting is just starting. I see more abandoned businesses, casinos, and homes around Vegas than at any point in my life.

>>516561217
> getting you first house build by illegal Guatemalans in the US and as soon as you move in it's falling apart.
CyFy on YouTube is a building inspector and his vids are Fucked. Up.
He shows all the crap builders get away with on new homes because the county inspectors just sign off on whatever.
He does some funny shit too in his vids. 8/10; Worth watching.

Thank god I don't live in any of those states.

>>516559507 (OP)
ah there it is, the bursting rehypothecation bubble.
This time not just real estate, but also cars, used cars, all kind of bonds, shares, crapto, shiny rock, shiny rock papers, trading cards, labubus....
90% correction, if lucky. Its going to be fast and furious. DONT BUY THE FUCKING DEATH CAT BOUNCE WHEN THE FED Buys Treasuries

>>516582870
Also, pretty sure this is what is happening in the Bay Area.

>>516582370
lol i love you guys

>>516582870
Your screnario is literally a good thing. Tear down old houses and replace them with new housing and productive buildings.

>>516584373
you are supposed to feel sorry for the poor previous owners and angry about the satanic "capitalistic" developer, comrade

>>516584373
Yeah, you're a faggot.
Pushing people out of their homes for "innovation" and higher taxes.
Fuck you.

>>516584723
If you combine LVT with a UBI, then basically nobody will be homeless.
Even without a UBI, LVTs still help with homeownership rates. Estonia, Victoria Aus, and Singapore all have variations of land values taxes, and they all have higher owner occupied home ownership rates than their peers.

>>516585154
kys socialist

>>516585154
Doubling down on your faggotry, huh?

>if you house everyone in the Superdome, then nobody is homeless
>they just fight niggers for scraps and live in piss

>>516585269
I despise socialism. Socialism steals the fruits of people's labor and gives it to a handful of commissars.
Landlords are the only true socialists today. They take the wages of workers and the workers are left with only the bare minimum for survival.

>>516585465
Housing will be determined by the market. If all you can afford is a commie block because you don't work and live off UBI, then that's all you'll get. If you work, then you'll be able to afford a better place to live. If you save up your money, then you'll be able to retire without ever worrying about being homeless.

>>516585587
>UBI
>LVT
>I AM NOT LIKE THE OTHER SOCIALIST
how about you hang yourself?

>>516559507 (OP)
based, total airbnb and boomer death
>>516568020
>blackrock
just take it from them, they won't do shit.
>>516569022
end neosuburbia, convert neosuburbs into rual farmlands or wilderness NOW.

>>516585807
If housing is artificially inflated and unaffordable to the working class due to influx of illegals and kickbacks to builders, is that the product of a natural market, or .gov interference?

>>516585828
Socialism is when someone steals the fruits of your labor. That's why people rightfully despise it. I'm proposing returning that stolen wealth from socialists back to you. This is as anti-socialist as it gets.

>>516572397
based
>>516582393
nimbys and airbnb are the reason why these are built over farmland in the first place.

>>516586226
Housing is unaffordable because land is unaffordable. Land value taxes require the owner of land to put it to a productive use, or sell it to someone who will.

>>516586322
>I'm proposing returning that stolen wealth from socialists back to you.
And who decides what is stolen and what is earned, comrade?
What moral foundation do you get your ethic from?

>>516586388
Ahh, you're a retard.
Forgive me for engaging.
Carry on.

>>516586459
Land values are created by the community, not by the landowner.

>>516586322
no, socialism is the socialization of capital risk and costs by a central planning entity at the benefit of the administration AND some privileged group at the cost of everyone else including their children.

You are just angry that you are not the one currently in the privileged group, but wish to be, at the cost of somebody else. You derserve the rope same as the administration of the central planning and the current beneficiaries

Every socialist needs to be killed, their opportunists beheaded and their children neutered, to correct the mistakes after 1945

>>516561485
>How can you lose your house in the US?You have virtually endless space and the population isn't growing much.

Biden let in over 9 million immigrants, between the legal, illegal, and temporary protected status people. That's a huge increase in population.

>>516559507 (OP)
reminder: decent folk came out of 2008 wealthier.

CLEARLY
WE
NEED
MILLIONS
OF MORE
IMMIGRANTS

THE JEWS TOLD ME SO XD

OY
VEY

>>516561217
It's shocking how shitty new southern houses are built. Cracked trusses, cracked roof tiles, foil laminated cardboard used as "sheathing", cheap vinyl windows that have cracks from poor installation, half the blown in insulation reqyired by law, etc etc. These massive home builders are criminal organizations. The new home warranty is a joke too.

>>516586879
>>516586879
>>516586879
A Y O
D A S
R A C I S

>>516559507 (OP)
>ny isnt on the list
how

>

>>516581310
its not just residential. they built a lot of bridges and ridiculous 200 foot tall interchange ramps based on fraudulent census data and garbage population growth forecasts, so most highways are being rebuilt. which has nothing to do with home building... im not really sure what that retard was getting at there. as far as residential is concerned its not all horton garbage subdivisions being built, theres a lot of one off psuedo mansions being built in the hill country.

i.e. texas is gonna be just fucking fine.

>>516559507 (OP)
>Muh crisis !!!!!!11!!!!
Just regulate or ban the jewish funds who have run home prices to the shitter.

Our retards in charge make extremely easy tasks seem extremely difficult.
The problem's solution is literally 1 paper away

>>516581392
wouldnt be a smart play. the smart play would be sell what you got to get as much as you can but sell quickly and then parlay that into a va construction loan. the shitty part would be in order to time it just right you'll probably need to rent something for a little while. I did that with le coof. sold immediately and rented some shitheap while waiting for prices to be perfect. cleaned up quite well even though I wound up buying the house while I still had a couple months on lease.

>>516586641
I want to allow everyone to own a share of the land of their country.
How would I be creating a privileged group, when everyone would equally get the UBI paid by LVT revenue? This system eliminates the worst monopoly privilege, the privilege of land monopoly.

>>516588157
Who is going to carry the risk, right "everybody", and because you are such an enlightened teleological cultist under your reign the future we will be perfect, the way there, the means, they justify the end. Socialists are not yet hated enough - we are getting there, religious freaks

>>516588395
What risk? The property developer will carry their own risk. If they build something unsustainable, then they'll have to sell the land to someone who will do something sustainable with it.

>>516588608
>What risk
>what costs
>the state has infinite resources
you have to be 18 to post here

>>516561567
I don't think you realize how difficult it is to get a loan, Anon. Look into it more, maybe ask around a bit before you make stuff like this your ideology. If you have a moderately okay paying job and amazing credit a 30 year housing loan is still probably going to tap out at like 100k. And the housing market fluctuates pretty hard based on region, but in the US you're lucky if you can find a habitable home for under 300k. People coming in from other countries have zero chance at getting loans enough to buy homes and banks aren't willing to lend money they know they aren't getting back. That would be shitty business. I think your whole hypothesis here falls apart pretty quick when you get into the logistics of the loans.

>>516579638
Well the market hasn’t totally crashed yet, and I’m way up cause house #1 I bought in 2013 and house #2 I bought in 2020. So if I sell them both now I will have enough equity to buy something I can actually raise a family in with cash.

>>516561916
I have been sniffing out that the institutional investors have been trying to get ahead of the retail cattle for the last 6 months and they have quietly been selling. But asking 500k for heavily work rentals with a paint job.

>>516588745
Can you state an example of the risk you're talking about? I addressed one possible risk.

>>516588847
You’re retarded trying to sound sophisticated. You think the immigrants have been getting terms native citizens have to go through? You don’t think the Biden admin was running absolute clown ops with money for illegals? They also fit like 6 to a 2/3 which no native would attempt

Bought in 2014 for 237k
Sold in 2022 for 490k

I will make my move again very soon.

>>516589736
what is the incentive for the developper to build? Ah yes you the central planning entity pay him. with what... hmmm debt? oh shit the demand projections where wrong, the investment is now worth less, the collateral called, by the debot. Oh wait, you want to print monies to pay him, no debtors, well Manchowina, hyper inflation, the worker that are supposed to build the houses have no incentive as their wage is worthless.
grow some hairs on your balls and work a day in your life outside a subsidized public "job" before having an opinion on economic questions

>>516577045
>(((Housing for all the city faggots!!!!!))))

You are a giga kike. Only men who homestead should be allowed to live in North America, period.

>>516559507 (OP)
same things gunna happen to me if i dont get a job

>>516589779
I'm not trying to sound sophisticated, I'm being realistic. Banks lend money because they want to get that money back, plus interest. It doesn't benefit them to lend money to people who wont pay it back. And just because there are 6 adults in a property doesn't mean they get 6 loans. That isn't how it works. Most immigrant people go for small apartments, it's easier and the cost is more realistic for them. Assuming Biden did fuck all is just retarded at this point. You're literally spouting fantasy as though it were true. I hate how cluttered with absolute dogshit opinions and conspiracy theories this board has become. Maybe leave your parents house and touch grass once in awhile? Talk to other people who aren't echoing your exact same brand of crazy? None of this shit is how loans work.

>>516560133
Watch the price of gold and silver vs dollar value as the economic troubles increase.

Gonna be fucking WILD.

>>516590107
>Ah yes you the central planning entity pay him
Fuck no.
People will pay the developer. A developer can build houses or apartments, and then people will pay the developer to live there. It's exactly the same system we have now, except the developer can no longer profit off of land speculation and rent seeking. They can only profit from providing a valuable service that people are willing to pay for.

Just in time for the fed to begin to nationalize housing in the next decade. Since AI and robotics will replace a huge amount of labor and the debt migrants replacing you will not be able to pay their debts any longer as will the working poor and middle class. Which means UBI, robotic socialism and lowering of standard of living. No health or personal privacy, no personal ownership of vehicles or housing. Just pushed out and probably further prevented from reproducing.

>>516590288
This system will reduce the cost of rural land. Right now, rural farmland can cost millions. There's a good reason why Bill Gates is one of the largest rural landowners.
A land value tax will reduce the rural farmland cost to 0, and bill gates will lose billions. The farmer will have to pay the tax, but the tax would be less than the mortgage on rural land, because the value brought on by speculation would be gone. The farmer will more likely than not get back more from the dividend than he pays in LVT.

>>516561567
>>516565769
>>516576990
>>516588847
I live in Chicago and almost always when a house goes for sale Mexicans or blacks move in. These are 350k+ homes on the south side. WHERE are they getting the money?

Is that why these homes have 7 cars in the driveway? Illegally treating a single family house as multifamily?

>>516560327
In Chanindia its around 95% of hone buyers are non white.

>>516591793
>people will pay the developer
So you want to socialize the risks and costs on the land onto somebody else. Again, socialists are not hated enough, the mistake after 45 and 90 was not genociding your parents, respective grand parents

>>516588847
No it's hard for White people to get loans. These illegals have jewish organizations that get the loans for them. They have jewish organizations that get them welfare from the government.

>>516592504
This is literally how our current system works. You pay rent to the developer to live in the housing they build.

>>516566091
some states/cities have high property tax. Texas, for example, has no income tax but that is offset by higher property taxes. Imagine you have a house on market that is bleeding $20,000/year in property tax + the baseline utilities like AC to keep it from molding or whatever. You're going to drop the price to sell it or switch to renting it out. either way would drive the selling price or rent down

>>516592715
That's why land value taxes are good. It forces land to be put to a productive use.
Property taxes are harmful because they tax improvements, but they also capture land values.

>>516592579
except you want to give a bunch of communist the right over the land. kys communist. maybe read up on venezuela and other failed communist shitholes

>>516586641
Hi! I'm here to remind you that Capitalism is nothing more than the efficient allocation of capital. It creates prosperity because it weeds out inefficiency. Unfortunately it produces the same dystopian hellscape as communism - where the few control all the assets and the many toil for whatever drips from the few. You see the result of this today everyfuckingwhere. It is more economically efficient to buy a congressman than a US Treasury bond. Its more economically efficient to hire low cost, low quality foreigners. Destroying society is not worth pure economic efficiency.
>but this isn't capitalism!
Yes it is. The world we live in is end-state capitalism, where all of the value in everything including trust, heritage, and chastity has been turned into a commodity. Congratulations, you played yourself.

>>516593732
>perfect allocation
>"I can predict the future"

>"Capitalism"
>A marxist using a pejorative
kys commutard

>>516593653
I don't want to give commies the right to your land. I don't know where you got this idea from.
You'd be free to do whatever you want with your land, as long as you can pay for the right to exclude it from others.

>>516593994
giving the "state" parties" control is the equivalent of giving control to commies you underage fag

It's literally the same as the current system, but all landowners pay a tax that gets turned into UBI. That's it.

>>516593926
>kys commutard
Not an argument, because you have none. I also didn't say perfect, I said efficient strawman-san. You should learn what words mean.

Even more than that, taxes are determined at the local level, so you can't have some big government come in and screw everyone over.

>>516594223
only a dead religious teleological scammer is a good teleological scammer