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1   Tenpoundbass   ignore (14)   2020 Jan 31, 8:34am     ↓ dislike (0)   quote   flag        

Intentionally not building any so Idiots can keep their 300% over inflated markups.
2   OccasionalCortex   ignore (5)   2020 Jan 31, 12:59pm     ↓ dislike (0)   quote   flag        

Tenpoundbass says
Intentionally not building any so Idiots can keep their 300% over inflated markups.


Ha! I first thought A-fuck wrote that because that is what he typically comments with on this subject. Had a double-take when I saw it wasn't him this time. I shouldn't be surprised tho.

They shot down Wiener's 'revised' bill again. And it was precisely for that reason. Nobody 'negotiated' with him in good faith nor was it ever their intention to do so. Why Peter thought so is beyond me.

But now he gets it:

"When house prices fall too much, the rich and powerful lose money. That, in turn, means central banks around the world will swing into action to try to save the economy. When home prices rise too much, on the other hand, there's no such urgency on the part of policymakers." . -- from the article
3   Tenpoundbass   ignore (14)   2020 Jan 31, 1:17pm     ↓ dislike (0)   quote   flag        

I don't know why it surprised you that I wrote that.
I coined the sentiment, that we need a Domestic Economic Policy that will take about 10 back water towns, and slate them to grow as big as the Miami Metro Dade area.
The Job boom that it would create nation wide would wipe out our national debt and give us a surplus in less than 10 years. There would be so much new desirable housing stock, i.e. new houses starts in areas with established jobs. That all of the over crowded Cities would experience a mass exodus of displaced Renters that want to be home owners but are forced to pay over inflated rents. Houses in those areas would crater over night, the investors would dump them creating an even bigger housing glut and inventory in those areas. We would return to people living in a Large city because they chose to, not because it's the only game in the whole country.

There would be so much work illegal immigration wouldn't even be a thought.

And if you think my 10 year turn around remark above was hyperbole, I ask you to remember the year of 1992. H. W. Bush was the President while the country saw nationwide disasters and calamities. 7 States in the midwest had historic 100 year floods, that did trillions of property damage, and Hurricane Andrew destroyed a large swath of South Florida. The resulting building boom lasted all the way through Clintons final years, and he finished office with a budget surplus. Which G.W. Bush promptly squandered.

There's been natural disasters since but not as wide spread as 1992. And another thing that has happened since 1992, in 1992, H. W. Bush allowed Americas Tradesmen to do all of the rebuilding. The subsequent years, Halliburton got all of the no bid contracts to rebuild and used 100% guest Mexican Labor.
And the fucking Liberal Cock Suckers wonder why despise Liberals and the Mexicans they used to replace our once great guild of skilled craftsmen, tradesmen and middle class workforce.

The next time, we got a wall to keep the mother fuckers out!

All we got to do now, is sent Mitt Romney and Lindsey Graham packing along with the rest of the Commies.
4   APOCALYPSEFUCKisShostakovitch   ignore (52)   2020 Jan 31, 1:36pm     ↓ dislike (0)   quote   flag        

Underpriced housing keeps investors away.
5   OccasionalCortex   ignore (5)   2020 Jan 31, 2:35pm     ↓ dislike (0)   quote   flag        

Tenpoundbass says
I don't know why it surprised you that I wrote that.


I am not surprised that you wrote that. Just that A-fuck pounds away with that in various forms so much I was surprised that he didn't this time, but was another.
6   tovarichpeter   ignore (2)   2020 Jan 31, 4:13pm     ↓ dislike (0)   quote   flag        

https://www.nytimes.com/2020/01/30/business/economy/sb50-california-housing.html


“Liberal and conservative economists agree that the housing squeeze arises in part from an excess of process and local rules.”
7   Tenpoundbass   ignore (14)   2020 Jan 31, 4:18pm     ↓ dislike (0)   quote   flag        

OccasionalCortex says
I am not surprised that you wrote that. Just that A-fuck pounds away with that in various forms so much I was surprised that he didn't this time, but was another.


No worries I like putting it all out there any chance I can get. Hopefully eventually a policy planner will steal the idea. And go down in History as an Economy Bad Ass!

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