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51
Every government policy since LBJ has been designed to increase house prices. Have fun buying a house! (www.fxhedgers.com)
posted 2 years ago by NatalieBiden 2 years ago by NatalieBiden +51 / -0
Politicians Broke the Housing Market ... Again
How the political establishment broke America's housing market, maybe forever
www.fxhedgers.com
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▲ 6 ▼
– Assassin47 6 points 2 years ago +6 / -0

Right. If it's a "fixer upper" you've got to include the cost of fixer-uppering in the house price.

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▲ 5 ▼
– HallucinatoryBeing 5 points 2 years ago +5 / -0

Expecting rentoids to change a furnace filter, much less completely rehab a fixer-upper, is a big ask. These shit boxes are only really affordable if you're somewhat handy, not if you call the landlord for everything.

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▲ 5 ▼
– MargarineMongoose 5 points 2 years ago +5 / -0

Some of this is down to a failure of generational knowledge transfer honestly. Sure you can look up a youtube video for most of this stuff, but it was supposed to be practical skills imparted to you from your father. How many people grew up without fathers? How many present fathers failed to hand down the knowledge? How many were just bad at handing down the knowledge? There's been catastrophic breakdowns in the knowledge chain over the past few generations.

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▲ 2 ▼
– when_we_win_remember 2 points 2 years ago +2 / -0

Ain't "you" the landlord?

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