I know a couple that signed up for a “low income, Hispanic” program where they selected an acreage property, had a home built on it then they got reduced payments for the first year (it was something like 600 dollars if I recall) then the payment would slowly go up to normal over the first few years.
They made two payments ( they laughed about this part) and destroyed the home. Every square inch of the carped was encrusted with food and spills and the teenage son accidentally drove through the garage wall into the kitchen and they patched the hole with sheets of plywood.
They finally got evicted after a few years. This is what happens when low morale people are given “help”.
Let the housing market collapse. The wisdom of the market will decide... anything else is communism. 2008 lifted the veil, so it will be good for society too
I really need to market to collapse. I was lucky to be able to buy an affordable home at a good rate under President Trump’s first term, but under Biden, our family size doubled and we are bursting at the seams of our starter home. Bring it on.
Well, then you should be selling now and living in a cheap motel because when it crashes, most of American investment money is locked up in their real estate at current prices
We are fortunate that we have enough saved up for a downpayment on a new house so we plan to keep our current home as a rental property since the mortgage is so cheap and its a very unique property. It's just that we don't want to buy a new home right now while they are so overpriced and interest rates are so insane. Otherwise we would definitely be trying to offload it now before shit hits the fan.
True, and I agree! Our only apprehension is that the property itself is really cool (beautiful 3 acre parcel with old trees surrounding and located in a bustling suburb less than 30 mins from the heart of a major city) so we aren't too eager to get rid of it because it would be very hard to replace and it also would be a lucrative rental property since horse-friendly rentals are rare to come by. The goal is to either build an addition now or hold it for a few years while the kids are young and doing the farm thing is difficult, and then come back and do the addition later on.
Absolutely, in addition, much of the peoples money, trillions stolen was injected into the economy as it was spent. Much like the Illegal Invaders with their loaded credit cards. ALL infused the economy with tax dollars to keep the house of cards afloat.
Don't forget the banks doing their part reselling mortgages as well. The books are cooked with a free pass from the I.R.S. as long as they play the game. The 'Stimulus Game' , too big to fail.
I think too big to fail was a Demonrat mantra. I like too big to rig, much better. D.O.G.E !
Seeing this thread reminded me of that Tennessee Bureau of Investigation scandal, where it was uncovered there was a massive real estate scam going on ...
I know a couple that signed up for a “low income, Hispanic” program where they selected an acreage property, had a home built on it then they got reduced payments for the first year (it was something like 600 dollars if I recall) then the payment would slowly go up to normal over the first few years.
They made two payments ( they laughed about this part) and destroyed the home. Every square inch of the carped was encrusted with food and spills and the teenage son accidentally drove through the garage wall into the kitchen and they patched the hole with sheets of plywood.
They finally got evicted after a few years. This is what happens when low morale people are given “help”.
Let the housing market collapse. The wisdom of the market will decide... anything else is communism. 2008 lifted the veil, so it will be good for society too
I really need to market to collapse. I was lucky to be able to buy an affordable home at a good rate under President Trump’s first term, but under Biden, our family size doubled and we are bursting at the seams of our starter home. Bring it on.
Well, then you should be selling now and living in a cheap motel because when it crashes, most of American investment money is locked up in their real estate at current prices
We are fortunate that we have enough saved up for a downpayment on a new house so we plan to keep our current home as a rental property since the mortgage is so cheap and its a very unique property. It's just that we don't want to buy a new home right now while they are so overpriced and interest rates are so insane. Otherwise we would definitely be trying to offload it now before shit hits the fan.
I think what Cat is saying, you could sell now and hold that for crash and have a higher profit on your current house.
True, and I agree! Our only apprehension is that the property itself is really cool (beautiful 3 acre parcel with old trees surrounding and located in a bustling suburb less than 30 mins from the heart of a major city) so we aren't too eager to get rid of it because it would be very hard to replace and it also would be a lucrative rental property since horse-friendly rentals are rare to come by. The goal is to either build an addition now or hold it for a few years while the kids are young and doing the farm thing is difficult, and then come back and do the addition later on.
Absolutely, in addition, much of the peoples money, trillions stolen was injected into the economy as it was spent. Much like the Illegal Invaders with their loaded credit cards. ALL infused the economy with tax dollars to keep the house of cards afloat.
Don't forget the banks doing their part reselling mortgages as well. The books are cooked with a free pass from the I.R.S. as long as they play the game. The 'Stimulus Game' , too big to fail.
I think too big to fail was a Demonrat mantra. I like too big to rig, much better. D.O.G.E !
Seeing this thread reminded me of that Tennessee Bureau of Investigation scandal, where it was uncovered there was a massive real estate scam going on ...
Tip of the iceberg: https://greatawakening.win/p/1994oxjhjS/sep-4-2024---search-warrants-rev/c/
When I click on the link is says the video is not available anymore. Anybody have a link for that video that works?
https://x.com/thepeoplesaudit/status/1901983248961655088
It would have been nice if they had made my mortgage payments also. This is totally sickening.