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patientrenter
Participant[quote=jpinpb]…..Nevertheless, the situation is such that anyone doing the morally right thing is getting royally screwed.[/quote]
Agree. Nice counterpoints. For some people, being moral is limited to obeying the law. Society couldn’t function if everyone went to the edge of the law, regardless of how many lawyers (or free-loaders) may idealize that kind of society.
patientrenter
Participant[quote=jpinpb]…..Nevertheless, the situation is such that anyone doing the morally right thing is getting royally screwed.[/quote]
Agree. Nice counterpoints. For some people, being moral is limited to obeying the law. Society couldn’t function if everyone went to the edge of the law, regardless of how many lawyers (or free-loaders) may idealize that kind of society.
patientrenter
Participant[quote=jpinpb]…..Nevertheless, the situation is such that anyone doing the morally right thing is getting royally screwed.[/quote]
Agree. Nice counterpoints. For some people, being moral is limited to obeying the law. Society couldn’t function if everyone went to the edge of the law, regardless of how many lawyers (or free-loaders) may idealize that kind of society.
patientrenter
Participant[quote=DWCAP]…The irony of the fact that stabilizing housing prices is reducing affordability was totally lost on them.[/quote]
These guys know exactly what they are doing. “Stabilizing” home (and stock) prices is a euphemism for keeping the bubble inflated. Adding affordability to that mix just means subsidizing buyers enough up front so they can pay more for the house. The idea is to keep transferring money from new buyers and taxpayers to existing homeowners for as long as possible.
They know all this, very, very well. They just don’t want those new buyers to catch on.
patientrenter
Participant[quote=DWCAP]…The irony of the fact that stabilizing housing prices is reducing affordability was totally lost on them.[/quote]
These guys know exactly what they are doing. “Stabilizing” home (and stock) prices is a euphemism for keeping the bubble inflated. Adding affordability to that mix just means subsidizing buyers enough up front so they can pay more for the house. The idea is to keep transferring money from new buyers and taxpayers to existing homeowners for as long as possible.
They know all this, very, very well. They just don’t want those new buyers to catch on.
patientrenter
Participant[quote=DWCAP]…The irony of the fact that stabilizing housing prices is reducing affordability was totally lost on them.[/quote]
These guys know exactly what they are doing. “Stabilizing” home (and stock) prices is a euphemism for keeping the bubble inflated. Adding affordability to that mix just means subsidizing buyers enough up front so they can pay more for the house. The idea is to keep transferring money from new buyers and taxpayers to existing homeowners for as long as possible.
They know all this, very, very well. They just don’t want those new buyers to catch on.
patientrenter
Participant[quote=DWCAP]…The irony of the fact that stabilizing housing prices is reducing affordability was totally lost on them.[/quote]
These guys know exactly what they are doing. “Stabilizing” home (and stock) prices is a euphemism for keeping the bubble inflated. Adding affordability to that mix just means subsidizing buyers enough up front so they can pay more for the house. The idea is to keep transferring money from new buyers and taxpayers to existing homeowners for as long as possible.
They know all this, very, very well. They just don’t want those new buyers to catch on.
patientrenter
Participant[quote=DWCAP]…The irony of the fact that stabilizing housing prices is reducing affordability was totally lost on them.[/quote]
These guys know exactly what they are doing. “Stabilizing” home (and stock) prices is a euphemism for keeping the bubble inflated. Adding affordability to that mix just means subsidizing buyers enough up front so they can pay more for the house. The idea is to keep transferring money from new buyers and taxpayers to existing homeowners for as long as possible.
They know all this, very, very well. They just don’t want those new buyers to catch on.
patientrenter
Participant5 years, eh?
Before tax, you earn $140K. After tax, maybe $100K. 5 years of that is $500K. Buy a term policy for at least $500K. Then your wife won’t have to work for those 5 years. Consider 10 or 20 year level premium term. Shop around at the online quote systems. I’d look at amounts up to $1 mill, if the premiums are good.
If you are an employee, you may have group life benefits from work. Check that first.
patientrenter
Participant5 years, eh?
Before tax, you earn $140K. After tax, maybe $100K. 5 years of that is $500K. Buy a term policy for at least $500K. Then your wife won’t have to work for those 5 years. Consider 10 or 20 year level premium term. Shop around at the online quote systems. I’d look at amounts up to $1 mill, if the premiums are good.
If you are an employee, you may have group life benefits from work. Check that first.
patientrenter
Participant5 years, eh?
Before tax, you earn $140K. After tax, maybe $100K. 5 years of that is $500K. Buy a term policy for at least $500K. Then your wife won’t have to work for those 5 years. Consider 10 or 20 year level premium term. Shop around at the online quote systems. I’d look at amounts up to $1 mill, if the premiums are good.
If you are an employee, you may have group life benefits from work. Check that first.
patientrenter
Participant5 years, eh?
Before tax, you earn $140K. After tax, maybe $100K. 5 years of that is $500K. Buy a term policy for at least $500K. Then your wife won’t have to work for those 5 years. Consider 10 or 20 year level premium term. Shop around at the online quote systems. I’d look at amounts up to $1 mill, if the premiums are good.
If you are an employee, you may have group life benefits from work. Check that first.
patientrenter
Participant5 years, eh?
Before tax, you earn $140K. After tax, maybe $100K. 5 years of that is $500K. Buy a term policy for at least $500K. Then your wife won’t have to work for those 5 years. Consider 10 or 20 year level premium term. Shop around at the online quote systems. I’d look at amounts up to $1 mill, if the premiums are good.
If you are an employee, you may have group life benefits from work. Check that first.
patientrenter
Participant[quote=SD Realtor]….There will simply be more taxation so that there can be more spending….[/quote]
But the spending is for a good cause… keeping home prices in the stratosphere. We all want to pay taxes for that.
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