How is the US economy right now?

[Octavian]

Just read Nancy Pelosi made almost $2mil in the last 3 months, specifically with NVDA.

Might be time for America to dust off the guillotines.

God forbid she buys and holds the hottest large cap stock in the world. There's no insider information needed on a company that has blown the doors off earnings for over a year and a half and is guiding higher each report.

 

[James Eagle]

Well, about two-thirds of Americans live in homes they own. Since 1965 (when we started tracking), the rate has been between 62.9% (in 1965) and 69.2% (in 2004). Doesn't seem to be much of a connection between changes in that number and other economic stats.

2004 <Lmaoo>

 

[Rob Battisti]

Yes of course, very large swathes of many US metro areas are zoned exclusively for SFH which makes it harder to generate the supply needed to meet demand. This is thankfully changing in many places but there will be a lag between deregulation and the market generating supply.

Hey, if those people want it, good for them. I think it’s pretty silly to suggest this as a solution or a positive for the middle class.

“One day, you can afford 300 sqft in someone’s backyard for working 40 hours a week.”

The American dream is dead.

 

[Islam Imamate]

Hey, if those people want it, good for them. I think it’s pretty silly to suggest this as a solution or a positive for the middle class.

“One day, you can afford 300 sqft in someone’s backyard for working 40 hours a week.”

The American dream is dead.

Suggesting that we build more housing as a solution to a housing shortage is silly? I think suggesting that we don't build as a solution to the housing shortage sounds a lot sillier.

Smaller units aren't necessarily for families, they are usually for young people who are starting their careers and want to minimize costs. Have you not heard of the concept of a starter home?

Allowing property owners to exercise their property rights tend to benefit the property owner. A middle class family can add a unit and rent it out to add a revenue stream, how would something like that not be helpful? Doesn't even have to be rented out as a residential unit, in a perfect world we would see accessory commercial units in addition to accessory dwelling units.

 

[Rob Battisti]

Suggesting that we build more housing as a solution to a housing shortage is silly? I think suggesting that we don't build as a solution to the housing shortage sounds a lot sillier.

Smaller units aren't necessarily for families, they are usually for young people who are starting their careers and want to minimize costs. Have you not heard of the concept of a starter home?

Allowing property owners to exercise their property rights tend to benefit the property owner. A middle class family can add a unit and rent it out to add a revenue stream, how would something like that not be helpful? Doesn't even have to be rented out as a residential unit, in a perfect world we would see accessory commercial units in addition to accessory dwelling units.

Yes.

I’m not against building more homes. I suggested multiple ways to do it.

Starter homes were never 300 sqft “homes” in backyards.

Apartments still exist.

If a community wants to do it, they can.

I don’t know what else to say.

I’m personally against it. It doesn’t benefit the middle class. It’s a lowering of standards for humanity.

 

[James Eagle]

Suggesting that we build more housing as a solution to a housing shortage is silly? I think suggesting that we don't build as a solution to the housing shortage sounds a lot sillier.

Smaller units aren't necessarily for families, they are usually for young people who are starting their careers and want to minimize costs. Have you not heard of the concept of a starter home?

Allowing property owners to exercise their property rights tend to benefit the property owner. A middle class family can add a unit and rent it out to add a revenue stream, how would something like that not be helpful? Doesn't even have to be rented out as a residential unit, in a perfect world we would see accessory commercial units in addition to accessory dwelling units.

oh, like an apartment?

dude, you seriously don't even think, ever, you just react

kinda like how you are a Muslim, but don't follow anything about Islam

 

[Islam Imamate]

Yes.

I’m not against building more homes. I suggested multiple ways to do it.

Starter homes were never 300 sqft “homes” in backyards.

Apartments still exist.

If a community wants to do it, they can.

I don’t know what else to say.

I’m personally against it. It doesn’t benefit the middle class. It’s a lowering of standards for humanity.

Sure but if you block them from being built in most of the metro area then you are artificially choking supply which makes housing less affordable.

Saying that reducing housing costs wouldn't benefit the middle class is just odd to me, its almost always the largest expense of any household so reducing it would obviously help.

Allowing people to build mixed use, multifamily developments isn't some lowering of standard for humanity, what a dramatic thing to say. Destroying a bunch of farmland and nature preserves to build sprawling SFHs that need to be subsidized is what's bad for humanity.

If you're personally against it that's fine but you shouldn't be able to interfere with your neighbor trying to build on his own property. Of course there are things like safety standards that need to be adhered to but that's not what you're talking about, you're just aesthetically against it. Beyond that you should just admit that you want to keep housing prices high because you perceive that to be in your self interest.

 

[USA!USA!]

God forbid she buys and holds the hottest large cap stock in the world. There's no insider information needed on a company that has blown the doors off earnings for over a year and a half and is guiding higher each report.

It pays to be a politician and marry an investment banker and venture capitalist, I guess.

 

[HereticBD]

oh, like an apartment?

dude, you seriously don't even think, ever, you just react

kinda like how you are a Muslim, but don't follow anything about Islam

He lives with his parents, and has never owned a home or a car. Hence, why he has idiotic stances on both. He's simply ignorant.

 

[MassDistortion]

2004 <Lmaoo>

It's only 20 years ago. Still valid!!

 

[James Eagle]

It's only 20 years ago. Still valid!!

yep. the vast majority of those loans are paid off, fucking Hack Savage

 

[Super_Nintendo]

is psycho savage still shilling a good economy?

 

[Islam Imamate]

oh, like an apartment?

dude, you seriously don't even think, ever, you just react

kinda like how you are a Muslim, but don't follow anything about Islam

What exactly are you disagreeing with in that post? Yes apartments exist but not sure what that has to do with what I've been saying. Do you disagree that adding more housing units would help make housing more affordable?

 

[Rob Battisti]

What exactly are you disagreeing with in that post? Yes apartments exist but not sure what that has to do with what I've been saying. Do you disagree that adding more housing units would help make housing more affordable?

You keep suggesting that adding in additional units into single family home properties is the only way to add more housing.

I believe we should add more housing in a multitude of ways. You act as if I’m anti-housing.

 

[Jack V Savage]

yep. the vast majority of those loans are paid off, fucking Hack Savage

Not sure what point you're trying to make. I assume you misunderstood something.

 

[Islam Imamate]

You keep suggesting that adding in additional units into single family home properties is the only way to add more housing.

If a metro area has zoned most of its residential land only for SFH then at some point some of that land should be rezoned to allow for more dense housing if the affordability of housing is becoming a problem.

Beyond that I think the idea that neighbors or the city have a veto on what you can and can't do with your property is wrong. There are limits to that as we should enforce building codes in regards to things like safety but that's not what we're talking about here. You can have some modest restrictions like limiting the number of units to 4 per lot and mandating a minimum and maximum size(in my area its 400-800sqft) but a blanket ban on adding any additional housing to me is extreme.

I believe we should add more housing in a multitude of ways. You act as if I’m anti-housing.

What are those multitude of ways? You talk about making it easier for construction companies to access credit which is not bad but on its own is not nearly enough if we block developers from building housing through NIMBY zoning codes. I don't see why allowing property owners to exercise their property rights should be controversial, in fact aren't you libertarian? This is libertarianism 101.

 

[Jack V Savage]

I don't see why allowing property owners to exercise their property rights should be controversial, in fact aren't you libertarian? This is libertarianism 101.

My experience with WR "libertarians" is that they have no actual libertarian leaning and just want to disassociate themselves with the Republicans brand while uniformly supporting the Party.

 

[Jack V Savage]

"I'm a libertarian but I favor brutal border enforcement, strong deference to cops, and tight restrictions on housing construction. And we need the government to force websites to host rightist content."

 

[brothir]

I’m against additional housing units on single family properties for a variety of reasons.

I'm predicting they'll be nonsensical.

 

[Islam Imamate]

My experience with WR "libertarians" is that they have no actual libertarian leaning and just want to disassociate themselves with the Republicans brand while uniformly supporting the Party.

I don't want to assume the worst of him but I do think its odd to zero in on housing affordability as a key metric only to support policies that keep housing unaffordable.