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Mar 19, 2023
11:30
:06
am
GRCoug
All-American
Reminded me of this scripture
Isaiah 5:8 NIV
[8] Woe to you who add house to house and join field to field till no space is left and you live alone in the land.
Lower net worth people are being choked out from owning real estate by the super wealthy.
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GRCoug
Bio page
GRCoug
Joined
Jan 14, 2009
Last login
May 5, 2024
Total posts
10,026 (36 FO)
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Messages
Author
Time
My family is in California for spring break and we were walking by the beach.
GRCoug
3/19/23 11:10am
Why sad faces?
vagabonder
3/19/23 11:23am
Hasn’t this something very similar caused massive problems in China?
Charles Darwin
3/19/23 11:26am
Reminded me of this scripture
GRCoug
3/19/23 11:30am
Whats the alternative?
Backcountry
3/19/23 11:30am
But when people buy tons of SFH in middle-class neighborhoods and rent them for
vagabonder
3/19/23 11:34am
Better in property than in the bank.
bluebrotha
3/19/23 3:06pm
Neo-feudalism is upon us and helping destroy the middle class.
Mitty
3/19/23 5:21pm
I’ve always wanted to research and write a book about the owners of the
kotacoug
3/19/23 11:38am
Netflix already did it. Its called Narcos.
panacablue
3/19/23 11:46am
In 2008 you could have bought anything for a million or two
Nat Gas Man
3/19/23 4:17pm
How many are owned by Chinese?
Nat Gas Man
3/19/23 4:16pm
why not just use the money spent on the house instead of taking out a loan?
qwerew
3/19/23 6:19pm
Tax benefits on the interest?
JohnnyC
3/19/23 6:25pm
yea, got to be some tax benefits that outweigh other use of money and avoid loan
qwerew
3/19/23 6:59pm
Can you take out business or personal loans for 30 years like mortgages?
JohnnyC
3/19/23 7:15pm
yea, I'm sure loan rate/terms is better if you have a hard asset as collateral.
qwerew
3/19/23 7:20pm
Strands?
homegrown
3/20/23 7:01am
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