Thing thing is....the US could survives a default if it really came too it.
Houses are not built on supply and demand anymore. They are built on infinite economic growth since 2008. Real Estate investors would rather sit on unsold houses then sell at a loss.
The problem is there is immigration on two fronts in the US. Immigration from liberal states. You literally can't stop that. And illegals. You can deport those, but you're back at square one once the libtards keep coming. Housing is all we can do in the long term.
I agree on the latter, but there can't be any 'default'. It's impossible. They can and have printed $trillions and trillions and could do another $200 Trillion literally. That's entirely all they can do and just make the debt less 'worth' but also the cash everyone has.
And Trump is saying fuck that, we're opening land up specifically for housing and development.
One of the reasons private equity firms invest so heavily into real estate is because it's one of the most consistent assets you can own since the value perpetually increasing so long as the population is. There's the vein of perpetual growth in there but it's also one of the safest assets you can hold. When you put money into an ISA, such as with Vanguard, there's no guarantee that you'll only see your deposit grow. In contrast, save for the property value being lowered by external factors or neglect, a house will only ever go up in value. It was the case before the 2008 financial crisis, and it's still the case after.
It's along the same lines as the experiments they did depriving human babies of human touch. Half the babies died because they needed more than just nutrition. In the case of the monkeys they were seeing if they could get a monkey to treat the "wire mom" which feeds them as a real mother or if they would prefer the softer but non-feeding mother to see if monkeys, like humans, need more than just nutrition.
The bulk of the budget is in medicaid, Medicare, and other welfare shit good luck cutting that and getting out alive.
no investor or group of investors has anywhere near the amount of market power that would be necessary to dictate price developments that go against fundamental market forces.
There are things I like and things I do not.
Source. (2023)
You should know she was trying to find housing in New England so she and her real estate agent were autistically looking for something that was reasonably priced. The house prices are plummeting and they will continue to plummet. That's a good thing. The boomers are having their wealth diminished for their greed.
Yes, it's always been that way. The bulk is social spending in t he USA. The biggest joke is they take the social security entitlments and try to seperate them, while at the same time using that income to go into the rest of the joke budget.
I'm talking about Utah's prices. I see New England is little better.
We can build more houses. We need more land and looser regulations.
"Trying to earn a living." You can do that in Mexico, buddy.
Does Padilla actually have a speech impediment or is this a joke? I'm curious.
I agree, there need to be cuts, but until we can have a serious, adult conversation, as a country, about entitlements we're never getting serious reform of those. This is one of Democratic systems biggest issues, once the average person discovers they can vote themselves money, that's what they'll do and any politician that votes to seriously cut those entitlements is ending his career. Now, if we can start getting the illegals and shouldn't be here types out in large numbers, then maybe we can get some space to talk about cutting things by pointing out that we don't need as much since the illegals were taking it. Maybe. The other alternative is a Caesar whole who will dictate cuts, but I don't know if America is there yet. May have to wait until the Boomers gracelessly expire.
Neither he was a psychologist studying the importance of mother-child bonding and contact.
I’m no Muslim appreciator and if you look up, for example, my last post on the RIP thread you’ll see you and I are absolutely in sync when it comes to expelling Muslims from western nations.
Not if this continues to happen.
