Go ahead, vote MAGA in the midterms if you’re curious how fucked your life can get.
‘Didn’t Work Very Hard’
Can we each be given the kind of head start of millions he did? :3
good spot for him;; https://maps.app.goo.gl/3frc6WfABiWc2ZQ58
near marlogo
That fat lazy gold playing asshat has never had to work hard a day in his deranged life.
Soon there will be a critical mass of people who have nothing left to lose. Thats why the Republicans and Democrats need a secret paramilitary police force in the streets. If they don’t quell uprisings and arrest activists (i.e. “domestic terrorists”), the citizens may gain enough momentum to enact another New Deal, and the wealthy benefactors of both parties will do everything they can to stop that from happening.
Fuck that sonofabitch. When he finally dies all his assets should go back into the national treasury to reinstate the department his little Nazi lapdoge cut out
Per usual, read the article and not just the headline.
Sounds like he’s taking about banning investor purchases of single family homes. Which is a good thing.
I fucking hate Trump and he’s wrong about pushing housing prices higher, but banning investor purchases of homes is the right call, so he’s kinda right.
Also, crashing housing value would destroy anybody who has invested in their home as equity. What needs to happen is a leveling off and investment in cheaper starter home builds, as well as a push for first time homebuyer loans that are low interest and up front down payment.
I bought my first home on a HomePath mortgage. No PMI, 5% down, and reasonable interest rate that was only a bit higher than a traditional mortgage.
Getting people into their FIRST homes and making sure they aren’t beat out by cash offers from investors it’s the correct way forward.
Why should I care about someone’s equity? Houses are for shelter and privacy. Why do we treat them as investment vehicles?
My car doesn’t become more valuable as it ages. Neither does my computer, or my clothing, or anything else. If they want their home to become more valuable, they should invest in improvements to it, not just depend on all houses getting more expensive for everyone else forever. It’s a ludicrous, unsustainable idea.
To strike a balance, home values should go up at the same rate as general inflation and/or wages (ideally the latter, really), or at least stay the same over time.
You really don’t want to find yourself in a situation where you need to sell and you’re underwater. At the same time, they obviously shouldn’t be the investment vehicles they are now.
Also some people use the equity from home appreciation to take out an extra mortgage for improvements. I don’t personally think it’s a great idea (as it can put you under water if the market takes a wild swing), but it’s something people can use to get a cash injection for potentially expensive home improvement work.
Appreciate the nuance, though I think that “house as equity” thing should definitely be dismantled, at least over time.
House is a place to live, period. The rest is a fucked predicament we found ourselves in thanks to big investors.
But yes, first house should be made super accessible, and any subsequent ones could be sold for a major markup.
Yeah it’s bullshit. Unfortunately, it’s how people gain wealth in America. It’s one of the many reasons redlining largely black districts, for example, is so fucked. It’s kept black people in poverty and is one of the main reasons why there is such a wealth disparity by race.
I usually do not waste my time reading articles with sensational headlines like these. If it were not for your comment, I would have ignored the entire thread.
Donald Trump never had to work for a house.
Orange monkey doesn’t pay for housing, transportation, medical care, etc…
Housing should become regulated infrastructure and stop being speculative assets. Fuck the real estate sector
Why stop there?
Guarantee housing with a housing stipend and impose massive taxes on additional priorities.
How about this: rent should be abolished, housing prices should be controlled through a planned market economy, and property should be taxed through a land value tax. It’s time that Americans see the cat.
You mean additional properties?
I do.
Honestly curious to see how this pans out. Trump’s polling still seems higher than it should be given the shit show he’s presiding over.
Here in the UK, we appear desperate to touch the Reform stove. I despair.
Some people just love eating shit sandwiches… It’s their kink.
I have come to also realise that there are a lot of people with below surface level understanding of who or what they are voting for. I assume going through their lives blissfully unaware of the current shit show.
Otherwise intelligent people (in my orbit UK based) think Trump is doing okay because he’s tough on China and China is not our friend. Seemingly absolutely no awareness of how fucked up America has become in under a year and what that means for the UK I side eye them still, as I wonder if there is more going on there views wise.
Just leaves me thinking those fuckers from Reform will get in because Farage likes a pint down the local Wetherspoons.
Oh no. lemmyshitpost is leaking.
As long as there is someone eating a BIGGER shit sandwich, they chomp happily.
Ask a Trump supporter why they want higher property taxes.
They don’t even see the connection between high property taxes and their militarized local police forces that gets the new shiny stuff each year.
I worked my ass off. Now I can pay for a place to live and keep paying it off no matter what for 30 years. No matter what? Yeah anything happens to me, that means my family looses their house for life because they are too young to work now but not having a house will make it harder for them to ever get one.
I’m basically a slave.
Now if I were to sale my home, then I could probably afford to buy a smaller house and keep paying even more! Yey! That’s how math works right? You get 10 dollars for your house so that you can buy half that house for 11 dollars! Yey!
But have you tried being born rich? A trust fund to protect you from most of humanity that has to deal with the shit end of capitalism, maybe leverage a little of that wealth to get control over systems of economy and legislature.
I’m basically a slave.
That’s the goal. Whatever keeps workers working is what the ruling class will force upon us.
It’s why we never invested in fusion energy. Expensive fossil fuels keeps people working.
I saw people on the Reddit conservative sub saying “100 year mortgages are actually pretty good, they offer a lot of flexibility”. Madness.
Oh, those poor idiots. Flexibility + housing (+ too good to be true) is how we got into a housing crisis in the first place.
Hahahahaha! This is so unbelievably fucking ridiculous.
All while they’re crying about the falling birth rates.
Glad I got sterilized, there’s just no fkn way I would wish this on anyone else if I can help avoid it
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Same here. The only winning move is to not play.
He is setting USA up for the worst economic crisis in history.
The biggest, the best, the most beautiful financial downfall the world has ever seen.
There’s like a 50 percent chance he’ll be dead by the time it really starts.
Crashed economies hurt the poor. The rich use their wealth to buy up resources, realestate, stocks, etc. on the cheap and then ride it out in their luxury homes while the rest of us stand in the bread lines.
Which only works until you tank the country by pissing of your customers (aka other countries) enough and tank your currency.
Everything en route!
The wealthiest people in the world already essentially do not experience borders. They regularly travel without passports or customs checks, live for extended periods in multiple nations without visas, they are essentially the proverbial citizens of the world. If the US falls and the dollar is wiped from the face of the Earth, they’ll have all of their money in European stocks, Asian currencies, and Middle Eastern real estate as they watch the collapse.
What hes aiming for is destabilization.
He’s already talking civil war.
Which I think is his ultimate goal. and the goal of his masters.
Civil War 2 on a horrific scale, that knocks America out of any meaningful global position for years, if not decades afterwards.
It will take a bit more time. Enough time that when the next president steps in, the aftermath will really show. Then this egotistic maniac will point at that president and blame them. Never him fault, according to him.
But that’s narcissism for you.
They said run it like a business.
That’s what he’s doing: he crashed most of his businesses.
This is a very Merz thing to say.
“Who didn’t work very hard”
Says the obese orange paedo that has never worked a day in his life.
The only thing this fat tub of corruption ever worked hard at was finding and raping little children. Sweaty cunt.Shit not even finding the little children. He had Epstein for that part of it.
Probably also the child beauty pagents where he had dumb parents personally bring them for some reason
He’s profoundly ignorant because he beat up some dweeb to do every single piece of homework he was ever assigned.
