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Apr 12, 2021
1:08
:44
pm
Idahofallsblue
All-American
"But I'm not actually contributing anything productive to society"
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Idahofallsblue
New username
Don Carlton
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Idahofallsblue
Joined
Apr 10, 2011
Last login
Jun 8, 2021
Total posts
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Messages
Author
Time
Housing Affordability Solution
BigBlue04
4/12/21 11:30am
Nah. Best solution for housing crunch is kill half the people. #thanoswasright
StalwartBraveTrue
4/12/21 11:32am
This sounds like something Skip Bayless would say if he started giving real
WhirleyPop
4/12/21 11:34am
So if someone wants to rent a single-family home you want the government to tell them they can't.
Sea Chicken
4/12/21 11:34am
Where will renters live?
CBaass
4/12/21 11:35am
I think he was hinting that if there was no rentals then houses would be cheap
ColonelMustard
4/12/21 10:00pm
Ownership of real estate his heavily subsidized through favorable tax treatment
Mrs Featerbottom
4/12/21 11:36am
Interest deduction on single-family residence and depreciation on rental homes.
grandpacoug
4/12/21 11:48am
Actually most of the subsidies were done away with under the Trump tax cuts
Nat Gas Man
4/12/21 11:56am
Correct. I keep forgetting about you guys in hi value homes & loans. F&C is good
grandpacoug
4/12/21 1:32pm
You know a lot of people rent because they can't or don't want to buy right?
cracka
4/12/21 11:36am
They cant buy because too few SFHs are on the market for sale due to “investors”
valleus
4/12/21 11:43am
What percentage of homes are rentals?
Mems
4/12/21 11:44am
Thank the stimulus: $6T of money finding a home.
byujdmba
4/12/21 11:55am
Or they can't buy because they have bad credit, etc.
cracka
4/12/21 12:00pm
Some. Many others can’t buy because no one will lend them several hundred
Junior Deputy
4/12/21 12:36pm
We grew up fairly poor. I lived in 23 different apartments before I graduated HS
Superman21
4/12/21 4:20pm
Bad take comrade
CougCoug3
4/12/21 11:37am
Renting out single-family homes to singles is killing young couples.
runnincoug
4/12/21 11:37am
like almost every social engineering idea this one comes with countless
MormonThug
4/12/21 11:39am
inflation is a runaway train pushed by the most powerful entities in the world.
MormonThug
4/12/21 11:41am
By far the best solution. Investment should be in companies, not houses. Greedy
valleus
4/12/21 11:42am
So you have to live in an apartment unless you want to buy a house?
Mems
4/12/21 11:43am
No, but we shouldn’t subsidize owners renting out their SFHs.
valleus
4/12/21 11:45am
So where do they live if homes can't be rented?
Mems
4/12/21 11:45am
:
valleus
4/12/21 11:54am
I can't discuss it if you can't make a coherent point
Mems
4/12/21 12:00pm
How are we subsidizing rental owners?
Cougforgood
4/12/21 11:50am
They have a need to raise taxes on everybody.
CougCoug3
4/12/21 2:02pm
so then the only renting solution would be apartments instead of homes?
LeonMarek
4/12/21 11:42am
Terrible idea.
WDaddy
4/12/21 11:43am
This may be the worst idea I've ever heard.
CocaColaRecovery
4/12/21 11:46am
I guess we should get rid of banks as well
Cougforgood
4/12/21 11:48am
We should probably outlaw the ability to make profit on any product, rich guys
BYUFootballisBack
4/12/21 11:54am
Uh, No.
UVCoug
4/12/21 11:49am
I'm afraid this thinking brings socialism even closer than I was worried about!!
grandpacoug
4/12/21 11:50am
why do you want to rob from people their ability to rent a home? don't people deserve the right to rent if renting
HarlemCoug
4/12/21 11:51am
If individuals can't own rental property that leaves corporations and government
byujdmba
4/12/21 11:51am
Doesn't the tax code already distinguish between primary residences and rentals?
Art Director
4/12/21 11:59am
Yes, it does. And while some things, like depreciation, are definite advantages
Junior Deputy
4/12/21 1:03pm
unless you die. but they are going after that now too
Cougforgood
4/12/21 2:48pm
People like this are why cost of living/homeless keep going up in Blue cities
novacoug1
4/12/21 12:01pm
I’ll just say making money on RE is not free as you suggest.
StalwartBraveTrue
4/12/21 12:12pm
<< Deleted >>
novacoug1
4/12/21 12:17pm
RE: People like this are why cost of living/homeless keep going up in Blue
bassiley
4/12/21 3:30pm
I would rather have him at my parties than those that feel entitled to my
CougCoug3
4/12/21 3:52pm
Lolol "hey man why can't everything just be free man - free drinks on the house"
novacoug1
4/12/21 4:07pm
Crazy, so instead of putting money into the ponzi 401k system we have invested in houses. We are up to 3 rentals and
EternalOptimism
4/12/21 12:19pm
So many anticipatable problems with this and likely many that can't be.
CougaRR4L
4/12/21 12:26pm
What if they just want to rent? or cant afford the down payment?
BYU Grounds
4/12/21 12:32pm
There isn’t a housing shortage when you take away all the 2nd homes and Airbnb
Nat Gas Man
4/12/21 12:38pm
Looking to buy my first home in Utah. Investors have purchased the
McGreevey
4/12/21 12:51pm
How do you know they were investors? I know very few buying right now and if the
johnnybyu
4/12/21 1:12pm
The only investors I can see right now throwing that kind of money are either
Nat Gas Man
4/12/21 1:17pm
Agreed certainly not mom and pop landlords that most of this thread is describin
johnnybyu
4/12/21 1:21pm
Our agent told us. He also said he's seen more and more investors buying houses
McGreevey
4/12/21 1:27pm
Interesting maybe there are more institutional investors coming into the market.
johnnybyu
4/12/21 1:29pm
Bring more money to the table.
CougCoug3
4/12/21 2:04pm
We should have a selection committee that determines who gets to live where
Doogal McCougar
4/12/21 12:55pm
In 2012 my wife and I saved money to purchase a SFH rental in a depressed
Junior Deputy
4/12/21 1:07pm
"But I'm not actually contributing anything productive to society"
Idahofallsblue
4/12/21 1:08pm
So much for family reunions who prefer to spend a week away under one roof.
roseyscenario
4/12/21 2:02pm
My two cents.
WarBYU
4/12/21 3:41pm
Put this right in the column of terrible ideas that will cause there to be a
Gente_Boa
4/12/21 4:06pm
Private property is a foundational principle of our democracy. You can go buy
Iman23
4/12/21 4:18pm
The real solution to the issue that folks on CB won't like is ending the
DescendentCoug
4/12/21 6:07pm
Yay for density!!! Put that 8 plex next to my house. How awesome is that?
Iman23
4/12/21 6:44pm
Why do you care if there's an 8-plex next door? Worried the people that live
DescendentCoug
4/13/21 1:03pm
The house value would take a big hit and appreciate much less over time.
grandpacoug
4/13/21 2:03pm
No evidence to support this. And in fact, the most densely populated areas in our country have the highest values.
HarlemCoug
4/13/21 2:48pm
I’ve thought a lot about the loss of sense of community and single family
StalwartBraveTrue
4/12/21 8:25pm
There are many factors. I grew up in the suburban sprawl too. But local
DescendentCoug
4/13/21 1:02pm
Not to argue but I don't know how you are coming up with your conclusions.
CougaRR4L
4/13/21 3:11pm
Welcome to the new Utah. Unless you got rich parents or you win the lottery
Cosmo4life
4/12/21 6:35pm
This is where patience wins the day...I remember looking for a home in the 2006
delbert
4/12/21 8:52pm
this one appears different to me. The last one was engineered by mortgage
MormonThug
4/12/21 8:59pm
I agree with you. I don’t see an end to this anytime soon. I had to bite the
Cosmo4life
4/12/21 9:03pm
It could be different, the biggest difference I see is that the government is
delbert
4/12/21 10:09pm
Just sayin...
SolidBlue
4/12/21 9:19pm
Perhaps a limit of sorts.
ditch
4/13/21 8:22am
Disagree completely. 5 home limit was tried once before (on loans). Not so good.
grandpacoug
4/13/21 8:48am
Isn’t there still a mortgage limit of 10
Nat Gas Man
4/13/21 9:09am
Haven't received loan in long time. Had 12 flip sales fall out when went to 5.
grandpacoug
4/13/21 9:19am
I’ll still take the invisible hand
StalwartBraveTrue
4/13/21 9:43am
^^^Needs to read Ayn Rand^^^
HenderCoug
4/13/21 3:08pm
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