Remember the housing market crash during the Obama years? Well, you'll want to hear this 👇
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I know he ruined the used car markets and cash for clunkers was the means. So he did to our houses as well. In 1990 I built a new house for 70k. It’s paid for I never borrowed on it. Now my neighbor sold theirs for 259k and it’s much older than mine and had been a rental for 18 years. I can’t even believe it; the inflation it’s sickening.
I bought mine for 117 almost exactly ten years ago, now it's valued 250-300. I don't really care how well I did, the economic manipulations make me sick. 🤮
Well we get taxed on a value based on what the neighbors sell for so the taxes go up despite my efforts to live in an affordable home and area! I’m pissed.
The problem with real estate tax in general is that you never really own your home. My parents paid off the house they bought in 1960 in ten years. What difference did it make. My widowed Mom's taxes are thousands a year. Her mortgage would have been 120 had she refinanced over and over. It's all a scam.
Yea ur renting from whatever city and county u live in.
Doesn’t this just piss us all off? We own nothing already. Try driving without paying the license tag fee. It is my hope, against the evidence of my eyes, that some kind of reset would bless all of us that have lived in slavery our entire lives.
Yes. If that doesn't happen it's all bullshit.
I understand that roads, fire, police, schools, and municipalities are constantly needing to be financed
I understand unemployment and caring for the disabled and elderly. I am not without compassion
But feeding parasites and rewarding illegals for breeding seems stupid
Trump seems to think this could have all been done with trade tariffs. So many things they told us were impossible - like energy independence - are very, very doable.
The USA actually IS energy independent - to this very day - despite Biden's best efforts.
If you don't have kids going to school in the county, your taxes should be minimal and the cost should be set in stone, not go up hundreds each and every year you live in the home
Also, we have a "city tax" added onto our regular taxes. We pay for a shit hole city, Camden NJ, because it's in our county and it's entirely dependent on outside money to even exist. I kid you not
And my insurance guy just let me know my homeowners premium going up $1200 this year because we originally insured our house for 350,000 replacement value but now replacement value is like 600,000. Taxes up another $2000 from just 5 years ago and we haven’t changed/upgraded/additions nothing. Not sure how much more I can take - everyone’s fucking hands are out wanting more but I am making less. Klaus will get our homes one way or another - this inflation scam probably the best means to their end. Fuck em all.
And let's not forget what else is on the ballots every year.
How many school and community referendums are on ballots each year throughout the country? Some are hundreds of millions each! Multiply that nationwide. There are billions of dollars of referendums on ballots each year.
How are they paid for? Real estate taxes.
It's not just politicians on ballots, it's billions of dollars.
What if, say, a Dominion representative could guarantee referendums pass if their systems are used?
I always wondered why Dominion sued Lindell and Powell for BILLIONS.
I really think referendums are the reason why.
That's a really good point
In the summer of 2019, the houses in one of the subs I contract in started at 350k and went up to 550k. They now start at 550 and go to 750k. Exact same houses. Its no wonder that these guys have only built 6 this year and 4 of those sit unsold. Usually they are sold before they even break ground.
Another builder of mine has houses that start around 250 or 300 that 15 years ago were starter homes you could have built for 125 or so. But the price point is still right for this market and he has built 60 or 70 this year. Thank God for this guy or I wouldnt have had much work this summer. As it is I struggled to get a pared down crew 40 hours every week. Most summers I have double the crew size and 60 hours arent enough to keep up.
200-810 Sold, found a big fixer upper, mortgage free
i just bought the place i live for 225 a year ago (va loan). supposedly it's worth over 300 now
Had my last house in vegas 2 years ago. Built new, owned it for 2 years. Sold it to escape, made 200k. Now its worth what I paid for it again.
if you live in NJ, the insane amount of house tax annually would make you triple the value of your home just to break even
She supports Biden and hates Trump? She has a really bad case of cognitive disconnect. There's literally no hope for her.
She never said that lol. She said she's not Republican, not a Trump supporter, that doesn't = being a Biden supporter. She likely prefaced with that so detractors wouldn't immediately say "oh she's a Trumper, who cares".
She voted for Obama twice. She dislikes Trump and assuming she voted democrat is a pretty good bet. But then, perhaps she didn't vote or wrote in her choice.
No. I meant disconnect. Dissonance has to do with discord. I was referring to the lack of her connecting cause and effect.
The housing market crash didn't happen during the Obama years. This is not an obscure fact.
https://www.c-span.org/video/?281347-1/presidential-address-financial-crisis
The financial crisis was well underway two months before the election.
Home prices in record plunge The National Association of Realtors reports that home prices dropped a record 12.4% in the final quarter of 2008 - the biggest decline in 30 years.
She's not discussing the original problem. Try listening again.
She is saying that after the initial problem and reaction (remember that foreclosures didn't just happen over night but rather took 6 months to 2 years to get completed), people were left renting the properties that they originally were mortgaged and foreclosed on. Then the bank / lender (Fannie Mae which was basically nationalized during the crisis reaction phase) decided not to allow single home owners to rebuy their own property for cash but instead soldthe properties bundled together for millions top foreign investment firms.
All of this occurred during the end of Obama's first term or beginning of second term. Bush for all his failings did not cause this outcome (although I will say he would have gone the same direction had he been in charge then because he had the same controllers directing his actions).
Ding ding. Was planned since Bush Sr. They all played their parts.
Whatever Obama did it was a deliberate continuation of George bushes cabal agenda.
SR. Let's not forget he was director of CIA, before president
Absolutely correct. SR.
This is true, Bush passed the first bail out. ToO bIg To FaIl
I don’t have a house sounds like I will never have one here on earth, but my father has one for me in heaven.
Amen.
Preach it far and wide lady!
The problem ---- the USA does not make stuff anymore ----- everything is made somewhere else ---- other countries get rich ----- we don't have anything to trade with now ---- except now our land.
If we don't bring industry back ----- it will get worse.
But but but. She really outta be a Trump supporter.
Just got robbed of the family home . Sister is holding on to the appraisal n not sure why she didnt stop them. 50k for a house over 260k. Now I get to pay rent n lose my job. This thing better go full tilt soon. End it
This is a person who will never, ever wake up. She was working during the obozo years, identifies his policies as the problem clearly and precisely, and yet still votes for him. Lost forever.
She said she voted for Obama twice but doesn't mean she will continue to vote Democrat. She could have not voted as well. She's too smart to be a Democrat now lol
BBBBBET this gal will SECRETLY VOTE FOR TRUMP in 2024 !!!
Just received our property tax for next year.
I would really like to know how the value of my home went up $106,000 since last year! Disgusting
"Bedazzled!"
Hey lady, if you knew what you know, why did you vote for oButthole twice? Feel pressured by your racist friends much? Still not a Trump supporter after what you know? Get a backbone. Some cultures are better than others.
She'll redpill herself soon enough. Honest and can think, she can't survive as a liberal.
Just got gas in Ohio the other day and this gas station broke down the taxes. $3.01/gallon with $0.76/gallon tax ($0.57 state and $0.19 federal)! You are taxed by state, federal and local on earnings, then you pay gas tax, county tax on purchases, real estate tax, income tax for additional income, etc. By my estimate the federal, state, county, city owe me millions on my earnings and taxes since I was 17. Taxation without representation!
Wen 0 bama in gitmo?
I can't listen to her mannerisms for more than 1 minute without cringing. Even if she is right.
Why is she addressing just black folks instead of the internet at large?
It’s like how I never hear black people listening to any music other than stuff made by black people.
It’s weird.
Jimmy Carter opened the door for all the bank loans that caused that mess, Bush Jr and Obama just made it worse
Pay your damn bills period!!!!
Remember AIG?
I recall entities able to put default insurance on properties, even if they didn't own it and AIG was selling these policies.
Say a house has 10 default policies on it, so when that home goes into default, AIG was on the hook for 10x.
Obama administration steps in with the 800BN in bail out money right, instead of putting that money into the system at the homeowner level preventing the default, they put it in at the AIG level so the homeowner lost the home, AND AIG could payout the insurance.
Think about it, 100,000 to save a family home, or 1,000,000 so they lose the home and the banks get paid.
They really do hate us.
The market is going back.
All assets will be seized from these nations and Financial institutions that interfered with a sovereign nations elections.
Corporations will have residential properties limited to less than 5 each. Foreigners have no legal right to own American soil. All will be seized.
God bless.
"am i a republican, no...am i a trump supporter, no"
I can't believe that we have gotten to the point where a person has to clarify that they aren't like those "loonies" who think the government is corrupt. but then they go on to talk about how corrupt the government is.
yes, you are probably more republican than democrat lady. but no worries, the republicans are corrupt too, so there's that
welcome to the club lady. let me warn you, you're about to be extremely frustrated watching the collapse of our country in real-time while the average american blames trump