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Jul 18, 2021
1:55
:49
pm
valleus
All-American
You’re promoting a free unregulated market. Completely free, unregulated markets
often lead to suboptimal outcomes for society as a whole. Such as the sfh market, selling organs, or what have you. Not terribly difficult to understand.
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valleus
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valleus
Joined
Feb 1, 2017
Last login
May 12, 2024
Total posts
9,456 (2,212 FO)
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Messages
Author
Time
We need legislation limiting single family homes to purchasers who are
CarolinaCoug
7/18/21 1:16pm
No. We just need to build more houses
YIsForBrigham
7/18/21 1:17pm
Pretty sure a lot of areas are running out of space to do that.
RockyTopCougar
7/18/21 1:23pm
Great. Let’s build more houses in the other areas that can support them and move jobs there
YIsForBrigham
7/18/21 1:26pm
Allow for greater density.
ReyOso
7/18/21 2:06pm
That's the only feasible fix.
Belboz
7/18/21 1:29pm
No i just gave ano5her.
CarolinaCoug
7/18/21 1:36pm
No we don’t.
CrimWalCoug
7/18/21 1:17pm
It cant
CarolinaCoug
7/18/21 1:31pm
The problem is the federal government and federal reserve. Once again idiots in
Backcountry
7/18/21 1:38pm
I'm happy to hate the investors as well.
Shore10
7/18/21 3:12pm
Why?
Backcountry
7/18/21 3:15pm
Because they borrow from the FED at lower interest rates, then...
Shore10
7/18/21 3:19pm
They arent scumbags. They are trying to earn a living like you and I.
Backcountry
7/18/21 4:39pm
Don't hate them. Hate the Fed and the Government for bailing them out.
crack
7/18/21 6:33pm
You are happy to hate single income mom and pop investors? Very weird
YIsForBrigham
7/18/21 6:27pm
Oh man yeah. That's who I'm hating. Great assessment.
Shore10
7/18/21 7:54pm
We could have prevented most of the last two bubbles if the government hadn't
crack
7/18/21 1:18pm
Who broke the law?
Tokolosh
7/18/21 1:51pm
There was plenty of fraud going on with the MBSs that were being packaged and
crack
7/18/21 1:57pm
A fair proposal in all of this is municipalities requiring new developments
BlackBart
7/18/21 1:20pm
Or let the market work. More government is not the answer here.
Backcountry
7/18/21 1:39pm
The markets cant work because its rigged/weighted unevenly already
CarolinaCoug
7/18/21 1:44pm
Agree. So the answer is more manipulation? Insane.
Backcountry
7/18/21 1:47pm
A 100% “free” market allows people to sell their kidneys or themselves into
valleus
7/18/21 1:51pm
What in the world are you talking about, Tex? Selling kidneys? I think you are
Backcountry
7/18/21 1:52pm
You’re promoting a free unregulated market. Completely free, unregulated markets
valleus
7/18/21 1:55pm
Lol. You are claiming im advocating for an open organ market? Dude, are you ok?
Backcountry
7/18/21 1:56pm
Lol… maybe one of the most emotionally driven irrational posts on CB in a while.
kotacoug
7/18/21 3:14pm
Im assuming hes doing some day drinking.
Backcountry
7/18/21 3:16pm
Ever heard of the Fair Housing Act?
ugo1st
7/18/21 1:59pm
I'd be in favor of enforcing existing rules like residential zoning being for
wabluecoug
7/18/21 1:21pm
Can restrict the high # of long term rentals while we're at it
WorfoSAUR
7/18/21 1:25pm
You really want a housing shortage? A good way to do that is to disincentivize
Backcountry
7/18/21 1:40pm
From what I understand it was changes made by the Obama administration in 2012
Charles Darwin
7/18/21 1:21pm
Companies couldn’t own real estate before that?
bruincoug
7/18/21 1:40pm
Incentivized it
Charles Darwin
7/18/21 1:56pm
But aren’t you glad you got your stimmy and low interest rates? Free money isn’t
CougieMcCougFace
7/18/21 1:23pm
Exactly
kotacoug
7/18/21 1:24pm
Bingo. And dont about these idiotic interest rates.
Backcountry
7/18/21 1:41pm
We just need a free market without stupid
kotacoug
7/18/21 1:24pm
I thought this was going to end with "stupid government intervention" which I
crack
7/18/21 1:26pm
We don't have a free market that why large corporations can do that
CarolinaCoug
7/18/21 1:39pm
So your answer to not having a free market is to make it less free with more
crack
7/18/21 1:42pm
Large corps can do that PRECISELY BECAUSE it is a free market.
All-American
7/18/21 1:55pm
Incorrect, sir
Backcountry
7/18/21 1:59pm
You want to restrict voluntary transactions. That’s less free.
All-American
7/18/21 2:09pm
No, I want the fed to allow the market to work, which will disincentivize
Backcountry
7/18/21 2:18pm
So you want to make it easier for borrowers by making debt more expensive.
All-American
7/18/21 2:24pm
Are you saying you want to make it easier for big investors by keep rates
Backcountry
7/18/21 2:33pm
No, I want to make it easier for little investors by keeping rates low.
All-American
7/18/21 2:43pm
Thats part of it, absolutely.
Backcountry
7/18/21 2:46pm
The inventory is not accurate.
Shore10
7/18/21 3:23pm
Of course it’s accurate.
All-American
7/18/21 3:42pm
Exactly.
kotacoug
7/18/21 2:30pm
Pretty sure if you support free market it doesn’t necessarily mean….
RockyTopCougar
7/18/21 2:02pm
Pretty sure that is a non sequitur.
All-American
7/18/21 2:04pm
Amen. The fed reserve and the chimps in DC are the enemy here.
Backcountry
7/18/21 1:41pm
That’s a reaction to a problem that’d go away if we cured some different issues that come earlier in the chronology
JollyGreenGiant
7/18/21 1:25pm
Qhat? What came that is allowing large rental compani2s to
CarolinaCoug
7/18/21 1:34pm
Nobody is overpaying. They are capitalizing on artificially low interest
Backcountry
7/18/21 1:44pm
Where should individuals who are also trying to hedge against inflation invest?
Shore10
7/18/21 3:16pm
Build your own investment company? Compete with other investment companies?
kotacoug
7/18/21 4:25pm
No, we dont comrade. That is dangerous and nonsensical.
Backcountry
7/18/21 1:36pm
This is what I hate.
Shore10
7/18/21 3:33pm
This is chrony capitalism. The answer is a true free market. Your blame is
Backcountry
7/18/21 4:41pm
Agreed that the FED is causing this.
Shore10
7/18/21 4:49pm
#endthefed
Backcountry
7/18/21 5:22pm
I'll PODT this tomorrow. I already used mine up for the day.
Shore10
7/18/21 5:27pm
Disagree, strongly. What we need is to build more homes.
All-American
7/18/21 1:42pm
Here’s the thing. I don’t trust any govt to do anything well.
maxpowers
7/18/21 1:43pm
This one is on the constituents not the pols. The pols are simply giving the people what they demand.
HarlemCoug
7/18/21 1:46pm
RE: Here’s the thing. I don’t trust any govt to do anything well.
(Private)
7/18/21 3:17pm
You've identified a problem but misunderstand the cause. Corps aren't the problem, people who get in the way of building
HarlemCoug
7/18/21 1:45pm
By the way, corporations are not offering above market value.
All-American
7/18/21 1:46pm
The fed needs to taper, now. Not in 22 or 23, but now. And DC needs to stop
Backcountry
7/18/21 1:47pm
I sometimes wonder if there has been any business advancement since the
crack
7/18/21 1:49pm
Did you type this on an iPhone?
All-American
7/18/21 1:53pm
Huh? No.
crack
7/18/21 1:56pm
I think this is why 1/4 of conpanies are considered "zombies" right now
Backcountry
7/18/21 1:54pm
And then what happens is we get worried about “low growth”…. so we keep interest rates low….
JollyGreenGiant
7/18/21 1:57pm
This is the big key, IMO. They need to taper now and normalize rates and policy.
Spindash
7/18/21 2:01pm
Amen
Backcountry
7/18/21 2:03pm
100% agree. But they always get the bailout & govt always spends for votes.
Shore10
7/18/21 4:54pm
I agree with you 100% there
Backcountry
7/18/21 5:22pm
Severely limit foreign buyers as well.
JuicyJam
7/18/21 2:33pm
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