Moonglow
Diamond Member
My youngest son just left fer college and I am all alone in this big house, I am getting an RV before I am too decrepit to party hardy.An RV isn't so bad for one or two people.
Jo
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My youngest son just left fer college and I am all alone in this big house, I am getting an RV before I am too decrepit to party hardy.An RV isn't so bad for one or two people.
Jo
Don't be stupid! Only 10% was sent out as stimulus checks & I didn't get any. 90% went into the swamp!If you got a stimulus check and kept it you need to stfu. Cuz that's how you got it.
Jo
“I sincerely believe that banking establishments are more dangerous than standing armies"Don't be stupid! Only 10% was sent out as stimulus checks & I didn't get any. 90% went into the swamp!
“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity under the name of funding is but swindling futurity on a large scale.” –Thomas Jefferson to John Taylor, 1816. ME 15:23
You ever earn any interest on your money? Or is some female teller a guy's allegedly "interested in" and they charge fees, fees, and more fees?“I sincerely believe that banking establishments are more dangerous than standing armies"
Yep ... And they always have been.
Banks now have so much newly printed money, they will never again offer interest to attract more depositors money. They are all about fees & offer incentives for shoppers to use their credit cards so they can tax retailers 3% on each transaction.You ever earn any interest on your money? Or is some female teller a guy's allegedly "interested in" and they charge fees, fees, and more fees?
“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
You b sayinz balance aint cool ?Well I don't think anybody saw this coming.... Locally ( never mind where) I've been watching the real estate market waiting for the Multi-family bubble to burst....prior to the pandemic the investor demand for these properties pushed the pricing up to almost $150.00 per square foot....totally insane for the economic bracket that makes up this area. I thought for sure that the eviction moratorium would drive this market down....but nope. What has happened instead is the near complete disappearance of the Rental market. As the apartments go empty the landlords renovate and then simply lock it up with no intentions of re-renting any time in the near future. One of the local property hounds here funded by streams of foreign investment money takes the empty places and turns them to condos....huh.....never thought I would see that happen because it didn't make any sense in the pre-pandemic market. So I have noticed a growing list of multi families languishing on the market right now with very few offers coming in from anyone except for the big investors ( I am assuming ) who can take the hit of a non paying tenant while they wait for the apartment to go empty. So what has happened is the worst case scenario for the local market....not only are the rentals virtually gone...what used to be a decent deal for a decent apartment is also gone. With the renovations the individual units are going for as much as $200-$250 per square foot to buy and own....not to rent..... while the streets begin to fill up with homeless people...many of whom hold regular jobs to boot.
Hey Big Government! Smart move bowels!
JO
What I am saying actually is that I never thought I would see the parameters of basic sustenance ( roof over head for instance ) walk past the point where people working full time regular jobs are now homeless.You b sayinz balance aint cool ?
Well I don't think anybody saw this coming.... Locally ( never mind where) I've been watching the real estate market waiting for the Multi-family bubble to burst....prior to the pandemic the investor demand for these properties pushed the pricing up to almost $150.00 per square foot....totally insane for the economic bracket that makes up this area. I thought for sure that the eviction moratorium would drive this market down....but nope. What has happened instead is the near complete disappearance of the Rental market. As the apartments go empty the landlords renovate and then simply lock it up with no intentions of re-renting any time in the near future. One of the local property hounds here funded by streams of foreign investment money takes the empty places and turns them to condos....huh.....never thought I would see that happen because it didn't make any sense in the pre-pandemic market. So I have noticed a growing list of multi families languishing on the market right now with very few offers coming in from anyone except for the big investors ( I am assuming ) who can take the hit of a non paying tenant while they wait for the apartment to go empty. So what has happened is the worst case scenario for the local market....not only are the rentals virtually gone...what used to be a decent deal for a decent apartment is also gone. With the renovations the individual units are going for as much as $200-$250 per square foot to buy and own....not to rent..... while the streets begin to fill up with homeless people...many of whom hold regular jobs to boot.
Hey Big Government! Smart move bowels!
JO