Remember the housing market crash during the Obama years? Well, you'll want to hear this 👇
(twitter.com)
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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.
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.