A 50 year mortgage..

[CptTrips]

Which is what our HOA does effectively by limiting rentals to 15%. HOAs generally aren't very popular but if most folks didn't want the protection they provide they wouldn't exist.

I'd never buy in a HOA.  It's a Karen's dream come true.

It be simpler to just not allow any single-family dwelling to be titled to a corp or LLC or partnership.

There is plenty of commercial real-estate for them to buy.

[CptTrips]

Let's face it. Yall weren't paying 350 a month in student loan debt.

I got a question, why is it failed businessmen can discharge all their debts in bankruptcy (some businessmen do this MULTIPLE TIMES), but a youngster who got laid off with 100k student loan can't?

Would that be an example of Crony-Capitalism?

Why does the petroleum industry get tens of billions in tax credits every year for exploration?  Can't they pull themselves up by their bootstraps?  Can't they fund exploration out of their own retained earnings?  Does Petroleum industry not make enough profit, poor things?

Would that be an example of Crony-Capitalism?

Why can millionaire farmers (count their land value) get paid by the government to NOT plant crops?

[Eagler]

I'd never buy in a HOA.  It's a Karen's dream come true.

It be simpler to just not allow any single-family dwelling to be titled to a corp or LLC or partnership.

There is plenty of commercial real-estate for them to buy.

Without one you have 5 to 8 cars parked in the street and so called lawn - none of them know what a lawn mower is let alone an edger or weed eater - as multiple families/friends pile in as they attempt to pay the mortgage..and feed the dozen feral cats crapping everywhere..

HOA has it's place these days as do strict gated communities..

Eagler

[Eagler]

  duplicate


Eagler

[CptTrips]

Without one you have 5 to 8 cars parked in the street and so called lawn - none of them what a lawn mower is let alone an edger or weed eater - as multiple families/friends pile in as they attempt to pay the mortgage..and feed the dozen feral cats crapping everywhere..

HOA has it's place these days as do strict gated communities..

Eagler

I didn't say outlaw them. 


A buddy of mine in DFW had a HOA-Karen come around every week and measure his lawn with a ruler.  LoL.



Via con Dios, Amigo.

[AKIron]

No one is forced to buy in an HOA neighborhood. If you do abide by the rules and everyone gets along. Complaining thereafter just makes you look stupid.

[CptTrips]

No one is forced to buy in an HOA neighborhood.

Nope.  Which is why I don't think they need to be outlawed.

I just find it funny that the same people who are crap themselves over every piece of legislation are perfectly OK with the Karen next door telling what color they can and can't paint their own house and that their grass must be < 3" and not 4", even if that is better for that variety of grass.   

To each their own.

[Shuffler]

Buy what you can afford and you will not have to worry.

[AKIron]

Prices are higher than many can afford. The raised interest rates over the last few years have made them even more unaffordable. So, people rent and complain the rent is too damn high. Of course property taxes make all of us renters.

[AKIron]

Government "spending" is what drives our inflation. Cut that, cut the rent.

[CptTrips]

Prices are higher than many can afford. The raised interest rates over the last few years have made them even more unaffordable. So, people rent and complain the rent is too damn high.

Rents are too high because the property owner has to pay ever-increasing predatory property taxes and must pass those costs on to renters.

They have to pay predatory property taxes so that insanely rich oil robber-baron oligarchs don't have to pay income tax on their vast empires.

[AKIron]

Rents are too high because the property owner has to pay ever-increasing predatory property taxes and must pass those costs on to renters.

They have to pay predatory property taxes so that insanely rich oil robber-baron oligarchs don't have to pay income tax on their vast empires.

I amended mine as you were posting. Property taxes make all of us renters.

[CptTrips]

I amended mine as you were posting. Property taxes make all of us renters.

Exactly.  You own your property only as long as you pay your ransom.

I pay a fishing license to upkeep the lakes and stock with fish etc.  OK.  I love the lakes in Texas and I want them around so more young people can enjoy them so I don't mind paying. 

The idea is that I am a fisherman, I am getting direct use and benefit from the lakes so it is user pays.  Seems fair.

Yet my land tax includes the local school district.  I don't have kids in that school district.
Yet my land tax includes the district water system.  I don't have any district or municipal water.
That combined is like 75% of my tax bill for my land.

[Eagler]

Government "spending" is what drives our inflation. Cut that, cut the rent.

$38 trillion...requiring more money printing reducing the value of every existing dollar out there..

They are not only raising rates they have kicked on the QE printers as well..

More manipulation without real value..more inflation inbound..

Eagler

[CptTrips]

The other problem with housing is the rise of the McMansion.

In 1960 (Peak-Americana?) the average home size was ~1,500sq.ft. 
Today it is around ~2400sq.ft.

Buy a home you can afford, if you can find one.

Homes don't have to be McMansions to be beautiful and a pleasure to live in.  Just look at 1920's Craftsman Style Bungalows or Wright's Usonian houses.  With modern tech and materials those could be awesome for a fraction of the cost of new homes today.