Women, Realtors & Property Landlords are your Biggest Enemy in Owning & Affording Real Estate
The problem, largely with Real Estate prices in Modern Times, while Location and Availability along with Factors such as the Crime Rate and available Jobs play a huge role in Real Estate Pricing, the truth is that Real Estate prices (which I speak of this I also mean Rental prices), are far more influenced by issues with the fact of both Women, Section 8 Rights that they use along with Realtors and people as well as corporations who invest in Real Estate, who are largely driving up the prices far above where they need to be.
A Realtor serves a similar function to that of an Attorney, acting as a "Middle Man" and involving paperwork between two various parties, and both of these Professions happen to be some of the biggest money vacuums of society that provide little to no real actual value compared to a productive worker.
Some day, these facts will be ultimately recognized.
For example, if you eliminated all Welfare benefits including Section 8 for Women, House prices would be likely to drop 50%, save for current issues revolving around Lumber and Imported Materials including current Tariffs.
One should have no sympathy for Women or Single Mothers.
The same applies with having no sympathy for people who are Landlords & Realtors.
A Realtor serves a similar function to that of an Attorney, acting as a "Middle Man" and involving paperwork between two various parties, and both of these Professions happen to be some of the biggest money vacuums of society that provide little to no real actual value compared to a productive worker.
Anyone involved in Realty or who owns multiple properties for renting to other people, is usually a scumbag and a financial hyena.
Under a civilization that is managed well, the State SHOULD have the right to supervise how Real Estate that is rented out to other people is used, and establish Quotas for such units, say maybe 10% of all housing units being available as rentals, while everyone else owns property.
Obviously there will always be some sort of need for apartments for those who may travel or want temporary rental homes at a vacation spot or attraction, and just for people who may be in transitions in life or simply do not want the responsibilities associated with owning a home.
That much is understandable.
But the state should have the right to monitor the Real Estate owners of these properties to make sure that proper upkeep is maintained, and that rental prices are not abusive or in any way geared towards exploitation of the tenants.
The problem in in Capitalist societies is the tendency of these people to finance their retirement at the behest of impoverishing younger generations who will never be able to afford a house, and also ensuring that they can never have any extra money laying around because of the extreme rent prices.
It is deal for a civilization's highest ruling Authority to use a heavy hand to punish landlords and make rental properties something that is largely unfavorable or more of a hindrance than a benefit, unlike the Capitalist societies.
Home Ownership should be the goal of any prosperous society.
Many Boomers and Gen X have been robbing the future of younger generations of the ability to ever own and afford a home, which one day can only be rectified by bloodshed, and not printed money.
For every new Realtor who enters the Housing Market, it serves as a double whammy and net negative for the Economy. They Drive the prices up and at the same time, the Money they earn produces no economic revenue or value in the society, further degrading it and starving younger generations.
Houses and apartments are at least 50% over priced, yes sir.
ReplyDeleteLook at California.
The only people that can afford housing are doctors, greedy lawyers, and top level executives. The blue collar man just isn't going to make it there. Which is why that state is a total joke of a place to live.
The banks love the scam so much, because they don't do any of the work.
I will say that the best time to ever buy real estate is when you are under 30, and the best time to sell is if you are over 70....
buy young, if you can afford it, at a low interest rate because you can't raise the rent on yourself (assuming you have a 15 or 30 year mortgage)...my house now can rent at over 3K, but I pay half of that in mortgage.
sell old, because now you have tons of equity, and you might not want the hassles of having a home, such as HVAC going, roof bad, etc. if you can handle it, great. also, good to sell if you don't need all that space.
Everyone has a different take on this, and I even change my mind on all of it...because the money changers are always messing with us, and making it more and more difficult to make good decisions on finances.
For certain, housing is going to be a persons most expensive cost in this life, so a man needs to figure that our quickly.
ReplyDeleteIf you don't have family backing you on this, then you need to develop a network that will help out with the expense.
I have rented out rooms in my house and made over 100K over the years, but I will say that it wasn't even worth it (I lived in the home while the people were there).
A better move would have been to NOT buy the house and then I rent the room. I would have more saved and have the flexibility to move around.
A house is only good if you plan to stay in the area for at least one decade, and really, closer to 2 decades.