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plus, a political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs. is debatable, but not an entirely bad idea at face value. Notwithstanding this, if you take a wealthy capitalist society under a president, say Kennedy and that president starts an open arm race, knowing full well the soviets will have to take funding from social project to fund the military and ultimately collapse under that weight, you obviously get shitty houses but are we talking about your new house in Siberia or the housing situation in the USA? I merely said that housing is a tough topic because everyone absolutely need one of those. And seriously, who can disagree that a homeowner waiting for rent to pay mortgage is not offering any services, we provide him/her with a free house she can collect from one day. Let's also evidently take away the homeowners who don't need your rent to pay the mortgage, those are either people like you and me, or big landlord like the Koch brothers, or ted turner and shit. I didn't even go in the good or bad, it's just evidently happening. Homeowners thinking they do a job or provide a service. Also the continual investment you mentioned is why houses aren't the best investment you can make. They are not bad but can be full of surprises, especially if you end up renting it.
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I don't even know that I don't know.
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Last edited by Byue; 05-24-2021 at 09:28 PM..
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#3
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Private home ownership is fine, if the government would let the bubble pop. A housing market in congruence with 5 years of the median (not mean) earners income would be doable. Do some historical income[You must be logged in to view images. Log in or Register.]rice ratio research. You'd be surprised on just how much it's changed.
In 2007/8/9 the government and banks bought up a ton of housing inventory, and in many cases are still sitting with it on the books, to this day due to the effect it would have on the real estate market if they released it. Likewise, China has entire cities is doesn't even use. | ||
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