HOUSING COSTS NEED TO DROP DRAMATICALLY
If I could change one financial decision I made, it would have been to pay for my first house with cash (which I had). Once your home is paid for you really just need enough for taxes and lunch money.
I want to limit mortgages to 12 yrs, and increase the supply.
How many idiots have argued with me that “All increases in income are eventually consumed by increases in housing prices.” Libertarians are idiots. They’re just less idiotic than conservatives who are less idiotic than lefitsts.
The proceeds can then be directed to returns on individual savings, in order to achieve common ends, rather than extortion of interest on housing by the financial sector.
Source date (UTC): 2021-09-16 19:33:15 UTC
Original post: https://gab.com/curtd/posts/106943007638062672
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