AmyG
Ruby
Posts: 15,378 Likes: 33,987
|
Post by AmyG on Feb 9, 2023 14:57:44 GMT -6
These VCs aren't buying houses and turning them onto rentals to provide good hones for renters, they're doing it so they can build an exploitative monopoly. agreed.
|
|
|
Post by imapenguin on Feb 9, 2023 14:58:18 GMT -6
Or to force more people to rent. A lot of people really really like to rent, there are a lot of things in the pro column. We are running into locally a lot of elderly that have been renters forever, and now the monthly payment has gone up so much that their retirement income, social security does not come even close to paying their rent much less food or utilities. big increase in unhoused elderly locally Personally, dh was supposed to work for 3 to 5 more years where our house would be paid for. Then we could mostly live off of just his social security. That didn't happen, so we are really hurting to continue to make house payments and everything else. Average social security in the us is $1,676.53. That's more than my mortgage payment, more than average rentals in my area. We (MH and I) own my grandmothers home because her landlord passed away and his kids decided to sell it. It was much more affordable to purchase the house she’d lived in more than half my life than to move her to a senior living facility which would also be in a different town away from her friends and family.
|
|
AmyG
Ruby
Posts: 15,378 Likes: 33,987
|
Post by AmyG on Feb 9, 2023 15:01:56 GMT -6
Who should people sell their second homes to? If they donate these homes to tribes, they are valuable because people will buy them? But no one should buy them so they become valueless? Or tribes should live in them? Im trying to play out what you are trying to position as a nuanced solution that real people can do simply to solve a very complicated issue. Why didn’t you tag or quote me? I think these are all great questions that second home owners should be asking themselves. Obviously it will depend on a lot of factors especially where the home is located. For us, to offer examples, we don’t own two homes but when we sold our old house, we made sure it was to a local family. I did not want it sold to an investment firm or a flipper. And when we arrived in our new home I paid an honor tax to the local tribe, which I hope to be able to continue annually. Since we’re in Black History Month I would also say if a white American has accumulated enough wealth to afford two homes, they should be taking a hard look at how much they’re giving back to Black Americans. In your instance of selling and buying your 1 family home, You are assuming everyone has the same privilege as you do to be able to hold out for the local family offer on their home, I'm selling to the highest bidder because otherwise I can't buy something else to live in. and then there's nothing left over to donate to the local tribe. Exactly where my house is was hohokam land, and they aren't around anymore to donate to. If I go to the next closest tribe to my house, they have a casino and are making bank that they are supposed to be giving to their people. They have a better income stream than I do.
|
|
dc2london
Admin
Press Secretary
Posts: 61,703 Likes: 419,693
|
Post by dc2london on Feb 9, 2023 15:37:45 GMT -6
A lot of people really really like to rent, there are a lot of things in the pro column. We are running into locally a lot of elderly that have been renters forever, and now the monthly payment has gone up so much that their retirement income, social security does not come even close to paying their rent much less food or utilities. big increase in unhoused elderly locally Personally, dh was supposed to work for 3 to 5 more years where our house would be paid for. Then we could mostly live off of just his social security. That didn't happen, so we are really hurting to continue to make house payments and everything else. Average social security in the us is $1,676.53. That's more than my mortgage payment, more than average rentals in my area. We (MH and I) own my grandmothers home because her landlord passed away and his kids decided to sell it. It was much more affordable to purchase the house she’d lived in more than half my life than to move her to a senior living facility which would also be in a different town away from her friends and family. That's wonderful of you to provide her with the opportunity to stay in her home
|
|
dc2london
Admin
Press Secretary
Posts: 61,703 Likes: 419,693
|
Post by dc2london on Feb 9, 2023 15:58:19 GMT -6
|
|
dc2london
Admin
Press Secretary
Posts: 61,703 Likes: 419,693
|
Post by dc2london on Feb 9, 2023 15:59:35 GMT -6
The Cutie Caucus really brought the heat today .
|
|
sifl
Platinum
Posts: 1,410 Likes: 5,598
|
Post by sifl on Feb 9, 2023 16:28:33 GMT -6
This sounds like two families living in two homes. Are you saying she technically owns two homes? That’s obviously not what I’m talking about. She technically own 3 homes, her home, home for her college age kids and the home her mother lives in. some are paid off or mostly but they are in her name. so you blindly say people should just sell those homes and donate the proceeds. where are those other families supposed to live? Personally if I had two homes and sold one, the proceeds would go into retirement account same for when I sell this home because I do not have the millions of dollars saved that they say I should have saved for my retirement. Amy, I am talking about second homes, like an extra house you sometimes stay in. I am not talking about a single person having their name on multiple house deeds that different families live in year round.
|
|
sifl
Platinum
Posts: 1,410 Likes: 5,598
|
Post by sifl on Feb 9, 2023 16:30:09 GMT -6
Why didn’t you tag or quote me? I think these are all great questions that second home owners should be asking themselves. Obviously it will depend on a lot of factors especially where the home is located. For us, to offer examples, we don’t own two homes but when we sold our old house, we made sure it was to a local family. I did not want it sold to an investment firm or a flipper. And when we arrived in our new home I paid an honor tax to the local tribe, which I hope to be able to continue annually. Since we’re in Black History Month I would also say if a white American has accumulated enough wealth to afford two homes, they should be taking a hard look at how much they’re giving back to Black Americans. In your instance of selling and buying your 1 family home, You are assuming everyone has the same privilege as you do to be able to hold out for the local family offer on their home, I'm selling to the highest bidder because otherwise I can't buy something else to live in. and then there's nothing left over to donate to the local tribe. Exactly where my house is was hohokam land, and they aren't around anymore to donate to. If I go to the next closest tribe to my house, they have a casino and are making bank that they are supposed to be giving to their people. They have a better income stream than I do. I’m not assuming anything. I was offering examples to spark ideas
|
|
AmyG
Ruby
Posts: 15,378 Likes: 33,987
|
Post by AmyG on Feb 9, 2023 16:32:10 GMT -6
In your instance of selling and buying your 1 family home, You are assuming everyone has the same privilege as you do to be able to hold out for the local family offer on their home, I'm selling to the highest bidder because otherwise I can't buy something else to live in. and then there's nothing left over to donate to the local tribe. Exactly where my house is was hohokam land, and they aren't around anymore to donate to. If I go to the next closest tribe to my house, they have a casino and are making bank that they are supposed to be giving to their people. They have a better income stream than I do. I’m not assuming anything. I was offering examples to spark ideas examples that come from a place of privilege. Looks around at the nice people on this board. yeah we have no idea on this board of how to do anything to help poc that may have been wronged in the past or present.
|
|
sifl
Platinum
Posts: 1,410 Likes: 5,598
|
Post by sifl on Feb 9, 2023 16:32:54 GMT -6
I know that’s why I said donate the proceeds. Cash is king. so who is paying the taxes on that money? if you donate to an individual they may have gift taxes on cashola. and if you are donating to the tribe, people end up donating to charities where it doesn't always go to the people Personally I believe in mutual aid and direct action. I know some people are more comfortable giving to a charity and that can be great too. There are creative (and legal) ways to get around taxes (like limiting the donation amount).
|
|
AmyG
Ruby
Posts: 15,378 Likes: 33,987
|
Post by AmyG on Feb 9, 2023 16:34:05 GMT -6
so who is paying the taxes on that money? if you donate to an individual they may have gift taxes on cashola. and if you are donating to the tribe, people end up donating to charities where it doesn't always go to the people Personally I believe in mutual aid and direct action. I know some people are more comfortable giving to a charity and that can be great too. There are creative (and legal) ways to get around taxes (like limiting the donation amount). most home sales are over $400k that may involve a lot of creative accounting to avoid taxes that are not fully ethical or legal.
|
|
sifl
Platinum
Posts: 1,410 Likes: 5,598
|
Post by sifl on Feb 9, 2023 16:35:28 GMT -6
I’m not assuming anything. I was offering examples to spark ideas examples that come from a place of privilege. Looks around at the nice people on this board. yeah we have no idea on this board of how to do anything to help poc that may have been wronged in the past or present. Right… I thought it was clear I was addressing people with similar or greater privilege. You seem to think I’m scolding people or telling everyone exactly what to do. I said I wanted to provide food for thought. Some people have engaged with that in good faith (even if they disagree). That’s all I wanted. I don’t care about anyone proving me right or wrong - that wasn’t the point of bringing up this topic.
|
|
sifl
Platinum
Posts: 1,410 Likes: 5,598
|
Post by sifl on Feb 9, 2023 16:37:06 GMT -6
Personally I believe in mutual aid and direct action. I know some people are more comfortable giving to a charity and that can be great too. There are creative (and legal) ways to get around taxes (like limiting the donation amount). most home sales are over $400k that may involve a lot of creative accounting to avoid taxes that are not fully ethical or legal. Yes, you can also donate to multiple entities. Phase your donations over time. I’m going to stop engaging with this because I feel like you’re just looking for a gotcha. I know you do a lot for your community, Amy, both online and in IRL, I’m not judging you or looking down on you or anyone else.
|
|
AmyG
Ruby
Posts: 15,378 Likes: 33,987
|
Post by AmyG on Feb 9, 2023 16:40:05 GMT -6
examples that come from a place of privilege. Looks around at the nice people on this board. yeah we have no idea on this board of how to do anything to help poc that may have been wronged in the past or present. Right… I thought it was clear I was addressing people with similar or greater privilege. You seem to think I’m scolding people or telling everyone exactly what to do. I said I wanted to provide food for thought. Some people have engaged with that in good faith (even if they disagree). That’s all I wanted. I don’t care about anyone proving me right or wrong - that wasn’t the point of bringing up this topic. There's not many here on this board with 2nd homes Like most I can think of are because they just haven't sold one home before buying a 2nd one when the dh got transferred for work to a different city. part of the family is still living in one of the houses. so it comes off as a lot of scolding sounding advice from you that you really mean it for THOSE OTHER rich people that just have multiple homes for no good reason that you can think of which means the people here aren't listening to your "food for thought".
|
|
AmyG
Ruby
Posts: 15,378 Likes: 33,987
|
Post by AmyG on Feb 9, 2023 16:49:26 GMT -6
quick someone I'm at negative likes right now.
|
|
|
Post by SweetPotato on Feb 9, 2023 16:52:03 GMT -6
quick someone I'm at negative likes right now. I got you
|
|
sifl
Platinum
Posts: 1,410 Likes: 5,598
|
Post by sifl on Feb 9, 2023 16:56:05 GMT -6
I am the local commie so 😘
|
|
clucky
Opal
Posts: 7,826 Likes: 32,855
|
Post by clucky on Feb 9, 2023 17:36:21 GMT -6
Former FBI agent, Ms Parker says while getting choked up “To whom much is given, much is required.” Me: Seems like a lot of emotion right now. H: Did she just quote Peter Parker’s uncle? I mean it is from other places, but her name is Parker. Lol. That is a Bible Quote. Uncle Ben said "With great power comes great responsibility." Thanks. We had a good laugh at initially thinking why is she so upset while quoting Spider-Man. I probably could have googled the exact Spider-Man quote. It really was a lot of “what is even going on here” conversation. All bizarre.
|
|
jkjacq
Ruby
Posts: 21,742 Likes: 94,334
|
Post by jkjacq on Feb 9, 2023 17:49:48 GMT -6
In non home owner news
|
|
clucky
Opal
Posts: 7,826 Likes: 32,855
|
Post by clucky on Feb 9, 2023 17:54:55 GMT -6
This was a highlight of the subcommittee with too many names.
|
|
dc2london
Admin
Press Secretary
Posts: 61,703 Likes: 419,693
|
Post by dc2london on Feb 9, 2023 20:13:34 GMT -6
|
|
dc2london
Admin
Press Secretary
Posts: 61,703 Likes: 419,693
|
Post by dc2london on Feb 9, 2023 20:21:05 GMT -6
Oh no, Senator Fetterman is unwell
|
|
blurnette989
Emerald
Posts: 10,437 Likes: 52,637
Member is Online
|
Post by blurnette989 on Feb 10, 2023 2:02:08 GMT -6
This conversation reads like current leftbook rants about how absolutely no one should be a landlord because everyone hates renting. Then someone jumps in saying they like renting and they're told they lick boots and are participating in their own oppression. It's exhausting. Lots of landlords do suck and I'm all for more tenants rights. Let's shut down the investment firms buying shit up, let's push harder Airbnb laws, let's get more affordable housing built. But being shitty to a random individual who has two homes is just not gonna do what some people seem to think it will. And yes, telling people to "just go sell the home so you can donate to Indigenous people" is performative as fuck. I only own one home and no, I'm not tagging anyone. To borrow a line, I shan't be taking feedback or suggestions on that at this time. Ok but you believe those things are a good idea for what? Like what is the end goal with doing those things? it has been documented that a lot of these types of companies are buying lots of stock and keeping a good portion empty so they can drive rent up. Forcing them to not leave units empty or having a licensing requirement for Airbnb's that leave the home empty for x number of months, would open up more housing generally and help push those artificially inflated rent prices down. And that's the short term. Long term changes like this would make ownership of these properties less profitable to VCs, which would help open properties to families who would like to buy them.
|
|
byjove
Ruby
Posts: 15,365 Likes: 75,072
|
Post by byjove on Feb 10, 2023 5:50:54 GMT -6
Pete continues to knock it out of the park
|
|
dc2london
Admin
Press Secretary
Posts: 61,703 Likes: 419,693
|
Post by dc2london on Feb 10, 2023 6:13:37 GMT -6
Ok but you believe those things are a good idea for what? Like what is the end goal with doing those things? it has been documented that a lot of these types of companies are buying lots of stock and keeping a good portion empty so they can drive rent up. Forcing them to not leave units empty or having a licensing requirement for Airbnb's that leave the home empty for x number of months, would open up more housing geberally and help push those artificially inflated rent prices down. And that's the short term. Long term changes like this would make ownership of these properties less profitable to VCs, which would help open properties to families who would like to buy them. You have VCs out there saying out loud, with their entire mouths, TO REPORTERS, that they want Gen z to be "a generation of renters." It is evil, it is greedy, it is completely unsustainable.
|
|
dc2london
Admin
Press Secretary
Posts: 61,703 Likes: 419,693
|
Post by dc2london on Feb 10, 2023 6:18:41 GMT -6
I don't think we've talked about the Bagel Caucus yet but this is so fun and my favorite kind of Hill nonsense. www.tiktok.com/t/ZTRt1toU4/(For those who don't tiktok, Dan Goldman officially launched a Capitol Bagel Caucus, open to members, staff and reporters. Maxwell Frost had some banter on Twitter with a few colleagues bc he somehow thinks steamed bagels are a thing?? So he arrived at the first Caucus with a resolution to recognize steamed bagels as bagels)
|
|
richard
Emerald
Posts: 13,699 Likes: 128,724
|
Post by richard on Feb 10, 2023 7:22:10 GMT -6
Another new MAGA/Q GOP House member has been lying big time about her background. Here’s a link to read free. It’s a doozy. wapo.st/3IfBK9F
|
|
elle
Ruby
Posts: 17,968 Likes: 114,079
|
Post by elle on Feb 10, 2023 8:08:11 GMT -6
|
|
addymac
Emerald
Posts: 12,713 Likes: 54,197
|
Post by addymac on Feb 10, 2023 8:38:32 GMT -6
Another new MAGA/Q GOP House member has been lying big time about her background. Here’s a link to read free. It’s a doozy. wapo.st/3IfBK9FSeems like she got her mom on board to refute the family members saying she’s lying. What on earth is wrong with people?!
|
|
clucky
Opal
Posts: 7,826 Likes: 32,855
|
Post by clucky on Feb 10, 2023 8:43:57 GMT -6
Doubtful they included anything regarding this exchange.
|
|