Our temporarily displaced millionaires are about to be permenantly displaced by their own rage.

My grandmother also live through the depression. She would save half a cracker with some cheese on it for the next day. I don’t think I saw her waste a morsel of food in 30 years.

It wasn’t even the tax cuts i feel like those covid checks with his name on them really sealed the deal.

Yea thats the funny conversation on Bloomberg from last week. Do we hit the -10% contraction in GDP before we get 2 quarters of negative growth? We shall see. Hopefully people remove their politicians before the elections or inspire them to unfuck the global economy.

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When you say ‘don’t rely on the stock market directly’ you’re aware of the second and third order effects from a market crash right?

The president just crashed the market harder than Covid for no reason, and you’re telling me i need less volatile investments? What investment would that be out of curiosity?

I’m happy to go through 30 speeches of Joe Biden with you and give him a full psychiatric evaluation with you. We can drink whiskey and discuss. My friend I would love nothing more than to do that with you.

Everything I love is fucking dying I cannot do this with you right now.

COMMUNIST REVOLUTION WEN?

I know that was not what BLM wanted. Im just pointing out the result of populist outcry that lacks a call to action in government policy. Words are nice but they are better when they are presented as legislation for change. Like the civil rights act.

You’re not the victim. We paid for 12 years of your schooling and you shit the bed in Math, history, critical thinking, and most importantly Civic duty. Since we our way past acknowledging our individual civic duty to protect democracy I say…

COMMUNIST REVOLUTION WEN?

NOT IN MY AMERICA HIPPY!!! -Richard Nixon

I mean thats fine as long as the Millions of chinese and vietnamese workers making Iphones get to keep their cut of the company. I just hate nationalistic protectionism. These are all global companys. I’d be down to share.

FUCK IT WE BALL(yay)

No good person can become president when 78 people vote for donald trump, and 40 million decided not to vote because the outcome did not matter.

No good person can ever get elected with the never ending promotion of Apathy as supreme leader of the resistence.

COMMUNIST REVOLUTION WEN?

I saw a new development going up on the river and thought that. Next thought was how delightful it will be to watch the river consume it in my life time. Nature hates vanity.

One thing to is it comes down to incentivizing housing. someone needs to take the capital loss on creating a cheap house for a family in need. It’s the city and the tax payers. If you can’t figure out who is eligible for a cheap home, and who will pay for that person cheap home, and find a builder to build said cheap home, then it’s all just a waste of breath anyway.

The problem is if you have a housing crisis, and developable land, but the only housing projects you approve are $750k houses in giant suburb… There’s a huge difference between deregulation and planned incentivized development.

Communities have so much power as far as local approval for building developments and city design. You guy should be coming together and saying what you just said. How can we get more affordable housing without all the bad effects, what regulations do we need to protect your peace and health? What regulations are blocking a mixed use development in favor of a suburb no one can afford?

Ah there’s that glorious protectionism that just shot the global economy in the foot! Constitutional law is gone and you’re day dreaming about reforming business law lmaooooo CLASSIC.

COMMUNIST REVOLUTION WEN?

Ah the ‘state’ So donald trump should take over all housing…

No wait, the nation of people who elected donald trump, who’s imaginary new government(which will be so much more awesome) that state should do it!

You need your revolution first friends, im waiting. It’s your time to shine and you’re still lurking in the dark quoting theory.

You would have to close the endless amounts of tax deductions on real estate to make it matter. If they can write off the loss as a business cost than the portfolio will just eat the tax and pass it on to the renters.

It shouldn’t be an investment asset.

Homebuilding is still a business though. You still need someone to risk their money, assemble the materials and crew, complete the project and find a buyer for it.

If there’s no demand for a product no one will build it. There’s always going to be demand for a mythical product that can’t be built. Like cheap housing.

I just spent $2,000 on a handful of wood, shingles, and siding to patch my house up. like 1/10th of a single wide trailer. That’s just the materials i’ll be providing the labor which would normally cost $30-$60 hour.

So it shouldn’t be an investment asset, someone still has to invest in it being built, so that a homeowner may live there.