Home Ownership - Page 40

Castle2.0 · #**391** 08-10-2021, 03:32 PM

Don't miss the thread on HODLing crypto til 2024+. I can't wait to tell all the negative ned's and ne'erdogoods "i told you so" [You must be logged in to view images. Log in or Register.]

Jibartik · #**392** 08-10-2021, 03:38 PM

Quote:

Originally Posted by Thorgrimm [You must be logged in to view images. Log in or Register.]

If you own your own land you can grow your own food and be self sufficient

You still pay a mortage so that's rent, just to a bank instead of the gov, the bank owns a deed to the land granted to them by the gov, like a renters conteract.

if the gov would ever take an individuals land, they would also take the banks.

So there is no difference.

Except in the current system the banks make all the money while the land owner pays inflated prices that they must desperately beg people to pay for their crops's inflated prices to make up for.

It's a death spiral.

If you rented the land from the gov and got rid of the banks, nothing would change but you'd have less inflation, and would worry about the quality of your crops and your time and enjoyment... cropping(?) them...

A key component is understanding that owning a renters contract is the same as owning a mortgage or deed, when you have that, it's a lock until you want to get rid of it.

There is a 1:1 similarity between a renters contract with the goverment as a mortage with the bank, except its about 10,000% cheaper [You must be logged in to view images. Log in or Register.]

Thorgrimm · #**393** 08-10-2021, 04:35 PM

Quote:

Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]

You still pay a mortage so that's rent, just to a bank instead of the gov, the bank owns a deed to the land granted to them by the gov, like a renters conteract.

if the gov would ever take an individuals land, they would also take the banks.

So there is no difference.

Except in the current system the banks make all the money while the land owner pays inflated prices that they must desperately beg people to pay for their crops's inflated prices to make up for.

It's a death spiral.

If you rented the land from the gov and got rid of the banks, nothing would change but you'd have less inflation, and would worry about the quality of your crops and your time and enjoyment... cropping(?) them...

A key component is understanding that owning a renters contract is the same as owning a mortgage or deed, when you have that, it's a lock until you want to get rid of it.

There is a 1:1 similarity between a renters contract with the goverment as a mortage with the bank, except its about 10,000% cheaper [You must be logged in to view images. Log in or Register.]

Private Property Rights are the foundation of Freedom

Read Locke, Madison and Jefferson

Jibartik · #**394** 08-10-2021, 04:47 PM

Yeah I get that, but I'd argue that is a construct.

Like I'm sure in another dimension the idea that you have to buy a home from a bank and not the goverment they say that is the core tenement to freedom.

Gwaihir · #**395** 08-10-2021, 04:56 PM

Quote:

Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]

Yeah I get that, but I'd argue that is a construct.

Like I'm sure in another dimension the idea that you have to buy a home from a bank and not the goverment they say that is the core tenement to freedom.

Freedom can't exist in the thralldom of vice, in any matter