Over70irregs
Well-Known Member
Income..
The National Debt, Do You Worry About It?
- Thread starter Wally
- Start date
Over70irregs
Well-Known Member
King in a watered down kingdom but a king no less.
Over70irregs
Well-Known Member
If you have a circuit breaker is that capitalism?
Over70irregs
Well-Known Member
There are also companies that sell slices of houses to investors at $100 a pop.
I'm confused. Your post says "home affordability." Assumed that is average home prices.
That's driven home prices in the last couple of years beyond the means of most. Especially coupled with the higher interest rates.
Next Day Err
Well-Known Member
What's the solution? More or less government intervention? What's Trump's policy on this? We know Biden's.
Next Day Err
Well-Known Member
A non answer to my question.
What is Trump's national housing policy? Can you go on his or the RNC's website and find anything about it?
In truth, he doesn't have a policy and will only have a policy if it benefits himself.
I'll pass that up the chain of command and get that straightened out. Your guy is president now. What's his policy? Does the inflation he's responsible for help first time homebuyers? Any other homebuyers?
Thebrownblob
Well-Known Member
Over70irregs
Well-Known Member
I know I was confused When I saw it also. I had to read it three times. It was just pure income. Only reason we are shocked is that most of us are already locked in. That’s why I tell people that income that you’re making is not going to be enough. It is running away from you. 1 Trillion/100 Days worth.
Commercial Inside Release
Well-Known Member
Isn't that list the prices the houses should be, based upon the income levels in those cities?
Ex: San Jose, CA should be $454,296; instead of $1,200,000 (actual price now.)
Ex: San Jose, CA should be $454,296; instead of $1,200,000 (actual price now.)
Over70irregs
Well-Known Member
If you live in San Jose it now requires an approximate top 1% income on average. Blame the increases in property tax and homeownership expenses as well. My mother told me her payment rose hundreds of dollars with Nationwide insurance. (I don’t think they want us comfortable in our cheaper mortgages so they are coming after us but I could be wrong)
Over70irregs
Well-Known Member
Those income stats scare me guy’s seriously. I would invite anybody to tell me that I am mistaken, off-base or wrong. I would not take offense I just don’t see how anybody can survive with that. Please tell me those figures are wrong. If not, that means there has to be some sort of insurance bushwhacking going on across the country
Wally
BrownCafe Innovator & King of Puns
Borrowing $16 Trillion is ok, according to Biden
reason.com
The White House claims borrowing $16 trillion over the next decade is fiscally responsible
If you can't even get close to balancing the budget when unemployment is low, tax revenues are near record highs, and the economy is booming, when can you do it?
reason.com
Next Day Err
Well-Known Member
It’s funny what trillions in tax breaks for corporations and the super wealthy over 10 years will do to federal budget deficits.Borrowing $16 Trillion is ok, according to Biden
The White House claims borrowing $16 trillion over the next decade is fiscally responsible
If you can't even get close to balancing the budget when unemployment is low, tax revenues are near record highs, and the economy is booming, when can you do it?
Tried to tell you guys this years ago and you didn’t listen.
You'll have to make your mind up. Either we have an economy that gives breaks to those who create jobs and provide the world's largest economy or we tax and regulate them into a stagnant economy that provides little opportunity. Playing the envy/punish the rich game for votes never ends up well.
Wally
BrownCafe Innovator & King of Puns
We don't have a revenue problem, we have a spending problem. Doesn't matter anyway, we're doomed.
www.cfr.org
The U.S. National Debt Dilemma
With the U.S. national debt already exceeding $16 trillion, President Trump’s tax reform and budget deals with Congress have added to the country’s deficits. CFR explores the origins of the national …
www.cfr.org
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