[quote=deadzone][quote=sdrealtor][quote=deadzone][quote=sdrealtor] How much satisfaction are you going to get if hardworking families who just wanted homes for their families lose their asses because that is who would get hit hardest?
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How about all the millions of “Hardworking families” that currently cannot afford a home or the entire generation of young people who have little to no chance of ever buying a home for themselves as a result of the extreme distortion of housing prices and high inflation caused by the Fed. You don’t have a problem with that? All you care about is the “haves”, you could care less about the “have nots”.[/quote]
I care about the greater good which is yet another thing you do not understand. ABout 70% of households own homes in this country. The millions of hardworking families that dont own are for the most part the renter class and never will by choice or by inability to manage money and make good decisions. But thats not everyone, there are the cowards like you also[/quote]
Actually it is less than 70% overall, and closer to 50% in CA. But whatever, we see where you stand. Fuck the other 35 some odd percent. They are too stupid to manage their money, so they don’t deserve to own a house. It has nothing to do with housing prices being unnaturally distorted due to misguided Fed policies.[/quote]
Uh…let’s take a look at your statement
35% of people don’t own a home
1. Part of that group are people that cant because they don’t make enough. No one is saying that has anything to do with intelligence.
There are lot of phd’s and non-software engineers that simply make squat relative to a bachelor with software skills.. Or even within tech there’s huge discrepancies between some folks work in some industries and others that work in others (say defense industry or public sector that statistically make a lot less)…But that has more to do with supply and demand of skills/jobs in a particular industry than anything else.
2. Part of that group are people that don’t want too. These are people who aren’t ready to settle down in a given area or are thinking of being somewhere else. That’s fine too
3. Part of that group are also people that waited too long and didn’t plan accordingly. Maybe they thought they could get a better deal and waited and waited and missed the boat. It’s like waiting for a sale of an item, and then the item runs out of stock and no rainchecks are given. People in this category have no one to blame but themselves.
Fairness has nothing to do with any of the 3 situations. Any time “fairness” comes into play, then we end up with weird government encroachment like government officials trying to forgive student loan debt….Expecting government to erase bad decisions made by individuals…
If you look at these 3 categories…bottom line is in your case, you are most likely category 3… You fucked up and missed the boat…own it.
