A residential crash is coming for places like Chiraq and other Democrat run cities too. You will be able to buy houses for next to nothing soon, as long as you don't mind living in a corrupt, crime-ridden shithole. See Detroit for reference of the future of these cities.
If you are wanting an affordable house in the suburbs or in a rural area, you are shit out of luck. They are expensive due to the demand for them from the people fleeing the cities.
I do wonder, however, if the potential coming crash might reach to outside the cities but nearby, too. I wouldn't mind living sort of near a corrupt crime-ridden shithole, if it's not too close, and the price is right.
Maybe if this was 08. The best hidden agenda of the Obama administration was how effectively they destroyed American towns by flooding them with immigrants to push leftist policies. East Michigan being flooded with Muslims wasn’t an accident.
At some point the inner city housing will be literally free to buy - because the goal is ongoing revenue from property taxes. The government doesn’t care about the value of the home unless it informs tax values. So we’re eventually going to see property taxes divorced from home values entirely. The government will become your de facto landlord, collecting rent in the form of taxes, against a property you “own” but which has no value. It’s backdoor government housing for all.
A residential crash is coming for places like Chiraq and other Democrat run cities too. You will be able to buy houses for next to nothing soon, as long as you don't mind living in a corrupt, crime-ridden shithole. See Detroit for reference of the future of these cities.
If you are wanting an affordable house in the suburbs or in a rural area, you are shit out of luck. They are expensive due to the demand for them from the people fleeing the cities.
Yup, unfortunately probably correct.
I do wonder, however, if the potential coming crash might reach to outside the cities but nearby, too. I wouldn't mind living sort of near a corrupt crime-ridden shithole, if it's not too close, and the price is right.
Maybe if this was 08. The best hidden agenda of the Obama administration was how effectively they destroyed American towns by flooding them with immigrants to push leftist policies. East Michigan being flooded with Muslims wasn’t an accident.
No. When the locusts eat everything in the big field in the center, they're going to go looking.
At some point the inner city housing will be literally free to buy - because the goal is ongoing revenue from property taxes. The government doesn’t care about the value of the home unless it informs tax values. So we’re eventually going to see property taxes divorced from home values entirely. The government will become your de facto landlord, collecting rent in the form of taxes, against a property you “own” but which has no value. It’s backdoor government housing for all.
How is this different from what they're already doing? Property tax is the clearest violation of the right to private property ever.
Even Detroit isn't cheap with the decades of accumulated back taxes and penalties you'll be forced to pay before you get the keys to the house.
Oh yeah, they'll blast their mumble rap and their guns to "keep the rent low."