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ParticipantI guess that will put an end to “Wet Burqa Night” at Club Kandahar in Nice.
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ParticipantPretty good but he missed step 13, which will be happening soon. Because of the extreme spending cuts forced by step 11, fed/state/local governments will soon be forced to auction off public capital (paid for by our tax dollars) to private interests, likely the same ones that ran this whole scam. The end result will be corporate takeover of essential services like energy, water, sewage, garbage, dams, radio/tv spectrum, SS, medicare, VA, etc… as well as the transfer of public lands (BLM, etc…) into private hands. The genius is that they will be able to purchase these hard assets using the taxpayers’ own money! So not only will taxpayers have paid for them in the first place, they will give private interests the money to purchase them back! Pure genius. Evil yes, but still it’s pretty amazing what they have done.
Naomi Klein covers this in her book, “The Shock Doctrine.” Essential reading.
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ParticipantPretty good but he missed step 13, which will be happening soon. Because of the extreme spending cuts forced by step 11, fed/state/local governments will soon be forced to auction off public capital (paid for by our tax dollars) to private interests, likely the same ones that ran this whole scam. The end result will be corporate takeover of essential services like energy, water, sewage, garbage, dams, radio/tv spectrum, SS, medicare, VA, etc… as well as the transfer of public lands (BLM, etc…) into private hands. The genius is that they will be able to purchase these hard assets using the taxpayers’ own money! So not only will taxpayers have paid for them in the first place, they will give private interests the money to purchase them back! Pure genius. Evil yes, but still it’s pretty amazing what they have done.
Naomi Klein covers this in her book, “The Shock Doctrine.” Essential reading.
blahblahblah
ParticipantPretty good but he missed step 13, which will be happening soon. Because of the extreme spending cuts forced by step 11, fed/state/local governments will soon be forced to auction off public capital (paid for by our tax dollars) to private interests, likely the same ones that ran this whole scam. The end result will be corporate takeover of essential services like energy, water, sewage, garbage, dams, radio/tv spectrum, SS, medicare, VA, etc… as well as the transfer of public lands (BLM, etc…) into private hands. The genius is that they will be able to purchase these hard assets using the taxpayers’ own money! So not only will taxpayers have paid for them in the first place, they will give private interests the money to purchase them back! Pure genius. Evil yes, but still it’s pretty amazing what they have done.
Naomi Klein covers this in her book, “The Shock Doctrine.” Essential reading.
blahblahblah
ParticipantPretty good but he missed step 13, which will be happening soon. Because of the extreme spending cuts forced by step 11, fed/state/local governments will soon be forced to auction off public capital (paid for by our tax dollars) to private interests, likely the same ones that ran this whole scam. The end result will be corporate takeover of essential services like energy, water, sewage, garbage, dams, radio/tv spectrum, SS, medicare, VA, etc… as well as the transfer of public lands (BLM, etc…) into private hands. The genius is that they will be able to purchase these hard assets using the taxpayers’ own money! So not only will taxpayers have paid for them in the first place, they will give private interests the money to purchase them back! Pure genius. Evil yes, but still it’s pretty amazing what they have done.
Naomi Klein covers this in her book, “The Shock Doctrine.” Essential reading.
blahblahblah
ParticipantPretty good but he missed step 13, which will be happening soon. Because of the extreme spending cuts forced by step 11, fed/state/local governments will soon be forced to auction off public capital (paid for by our tax dollars) to private interests, likely the same ones that ran this whole scam. The end result will be corporate takeover of essential services like energy, water, sewage, garbage, dams, radio/tv spectrum, SS, medicare, VA, etc… as well as the transfer of public lands (BLM, etc…) into private hands. The genius is that they will be able to purchase these hard assets using the taxpayers’ own money! So not only will taxpayers have paid for them in the first place, they will give private interests the money to purchase them back! Pure genius. Evil yes, but still it’s pretty amazing what they have done.
Naomi Klein covers this in her book, “The Shock Doctrine.” Essential reading.
blahblahblah
Participant[quote=jstoesz]
I take issue with the idea that a 1000 sq ft house, 10 miles from the ocean and in a bad school district is going to sell for over a half a million dollars. How can this ever be considered a “good deal.”[/quote]$500K ain’t what it used to be. And a lot of people don’t have kids. My neighborhood is full of gay couples that have dogs & cats, they could care less about the school district. The income a couple with children needs to support their kids is freed up for childless couples to chase the limited supply of homes in these areas.
[quote=jstoesz]
As to your “affordable with the low interest rates” comment, yes that is true and not a problem as long as you never want to sell your home.[/quote]Not if you have an assumable loan (FHA loans are assumable to qualified buyers).
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Participant[quote=jstoesz]
I take issue with the idea that a 1000 sq ft house, 10 miles from the ocean and in a bad school district is going to sell for over a half a million dollars. How can this ever be considered a “good deal.”[/quote]$500K ain’t what it used to be. And a lot of people don’t have kids. My neighborhood is full of gay couples that have dogs & cats, they could care less about the school district. The income a couple with children needs to support their kids is freed up for childless couples to chase the limited supply of homes in these areas.
[quote=jstoesz]
As to your “affordable with the low interest rates” comment, yes that is true and not a problem as long as you never want to sell your home.[/quote]Not if you have an assumable loan (FHA loans are assumable to qualified buyers).
blahblahblah
Participant[quote=jstoesz]
I take issue with the idea that a 1000 sq ft house, 10 miles from the ocean and in a bad school district is going to sell for over a half a million dollars. How can this ever be considered a “good deal.”[/quote]$500K ain’t what it used to be. And a lot of people don’t have kids. My neighborhood is full of gay couples that have dogs & cats, they could care less about the school district. The income a couple with children needs to support their kids is freed up for childless couples to chase the limited supply of homes in these areas.
[quote=jstoesz]
As to your “affordable with the low interest rates” comment, yes that is true and not a problem as long as you never want to sell your home.[/quote]Not if you have an assumable loan (FHA loans are assumable to qualified buyers).
blahblahblah
Participant[quote=jstoesz]
I take issue with the idea that a 1000 sq ft house, 10 miles from the ocean and in a bad school district is going to sell for over a half a million dollars. How can this ever be considered a “good deal.”[/quote]$500K ain’t what it used to be. And a lot of people don’t have kids. My neighborhood is full of gay couples that have dogs & cats, they could care less about the school district. The income a couple with children needs to support their kids is freed up for childless couples to chase the limited supply of homes in these areas.
[quote=jstoesz]
As to your “affordable with the low interest rates” comment, yes that is true and not a problem as long as you never want to sell your home.[/quote]Not if you have an assumable loan (FHA loans are assumable to qualified buyers).
blahblahblah
Participant[quote=jstoesz]
I take issue with the idea that a 1000 sq ft house, 10 miles from the ocean and in a bad school district is going to sell for over a half a million dollars. How can this ever be considered a “good deal.”[/quote]$500K ain’t what it used to be. And a lot of people don’t have kids. My neighborhood is full of gay couples that have dogs & cats, they could care less about the school district. The income a couple with children needs to support their kids is freed up for childless couples to chase the limited supply of homes in these areas.
[quote=jstoesz]
As to your “affordable with the low interest rates” comment, yes that is true and not a problem as long as you never want to sell your home.[/quote]Not if you have an assumable loan (FHA loans are assumable to qualified buyers).
blahblahblah
Participant3670 Arizona is a fine deal at $750K. that is $362/sf with 2 garage spaces and a rentable 2/1 apartment with its own garage and laundry. Figure $1000 a month for the rent and heck I might have bought this one had it been available a year ago. It might sell for $700K rather than $750K and that would be a good deal.
In the listing it says they replaced:
* Kitchen
* Baths
* Floors
* Office
* FoundationThat is tens of thousands of dollars in work and a lot of hours. Do they deserve a $200K profit? Remember that it is taxable, also how many of these can they do in a year? It is a tough business and not all of their flips make money. Again, I respect the ones that can do it. Heck I can barely paint my house without ruining it, so hats off to anyone that can actually do these projects well.
blahblahblah
Participant3670 Arizona is a fine deal at $750K. that is $362/sf with 2 garage spaces and a rentable 2/1 apartment with its own garage and laundry. Figure $1000 a month for the rent and heck I might have bought this one had it been available a year ago. It might sell for $700K rather than $750K and that would be a good deal.
In the listing it says they replaced:
* Kitchen
* Baths
* Floors
* Office
* FoundationThat is tens of thousands of dollars in work and a lot of hours. Do they deserve a $200K profit? Remember that it is taxable, also how many of these can they do in a year? It is a tough business and not all of their flips make money. Again, I respect the ones that can do it. Heck I can barely paint my house without ruining it, so hats off to anyone that can actually do these projects well.
blahblahblah
Participant3670 Arizona is a fine deal at $750K. that is $362/sf with 2 garage spaces and a rentable 2/1 apartment with its own garage and laundry. Figure $1000 a month for the rent and heck I might have bought this one had it been available a year ago. It might sell for $700K rather than $750K and that would be a good deal.
In the listing it says they replaced:
* Kitchen
* Baths
* Floors
* Office
* FoundationThat is tens of thousands of dollars in work and a lot of hours. Do they deserve a $200K profit? Remember that it is taxable, also how many of these can they do in a year? It is a tough business and not all of their flips make money. Again, I respect the ones that can do it. Heck I can barely paint my house without ruining it, so hats off to anyone that can actually do these projects well.
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