Here in Florida, I think the bubble finally hit the house flipping limit. At least 5 homes on my block were sold for 600k or more, bought by people who painted,tiled, and made the houses all white inside in order to flip them. All 5 were relisted again within 3 months for 700k and up. 2 sold, were worked on, then up for sale for 100k o er the original price. Now all 5 homes are empty....on sale for 700 to 850k... All by fucking house flippers.
I'm not crying for them.
They are the ones stuck with the 16k per year propert tax bill. Who the fuck can afford an 800k home in this middle class area? Glad I bought when prices were under 200k. My taxes are reasonable, even if my insurance isn't anymore
Based on the title I'd say let the mom move in, she raised you. Help her out.
But reading the article tells me,do not let her move in. She moved in with brother and didn't watch the kids as the agreement stated. Plus created problems in the marriage.
Yeah I'd tell her if she needs help hit the welfare office.
Fun fact : in many states in the US if you let her move in, the welfare office won't help her on housing assistance because the welfare office will look at her income plus your income. Which means she has to much money coming in to get help, and now she can't move out.
How is it a poor title? It's literally the situation. Just because someone who raised you needs help doesn't mean you need to. They chose to have kids it's their responsibility to raise them or give them up to someone who would provide more than the basics. If right at 18 you consider yourself done with them then expect them to do the exact same thing.
Yeah not in LA. Two months ago, a dilapidated and downright smelly 3 bed/2 bath old house went on sale for $720k. It sold for that price a few weeks later. I live in the neighborhood and bought a much better maintained and slightly bigger house for $650k last year. It's nuts.
I'm no tankie, and chinas efforts to scrub history is one reason we should have an open Internet, not the corporate one were getting. (Yay fefiverse).
But to compare chinas prison risk with America's is a poor argument. More prisoners in America and more racial disparity. Still a problem in China, but america seems by far the worst offender of inappropriate imprisonment from an outside perspective.
There's no proof or that. They're discriminating against them certainly but genocide is a specific thing. It's not just when you imprison a lot of people.
By that definition the US is committing a genocide against black people.
Really? How many black people are in forced labor camps in the US? Or being sterilized against their will? Having their children taken en masse to indoctrinate?
Racism and mistreatment isn't the same as genocide.
Didn't believe this at first. I'm in the Deep South and I often wondered why there were so few homeless black people when they're 23% of the population. Had put it down to stronger family bonds, my only guess.
The poster is talking about "households" and "families", but the numbers are about what I found for individuals. Black population: 13.6%. Black homeless: 40%. Those numbers agree across a wide range of sites I visited. So this is blown up to make a point that's bad enough with real numbers.
"Racialized housing deprivation"?! What a stupid, made-up word. We already have "systemic racism". It's a perfect fit and exactly what's going on here. If black people had a level playing field in the job market, they'd have money and homes. And that leads to one of my racism stories.
I'm white, total white bread name, something like Brian Collins, middle name is totally "black". Couldn't get a job, even postings I was overqualified for. Finally found the issue with my resume. Changed my email to drop the middle name. After a month with zero replies, next week had 3 interviews and 2 offers.
There are a ton of people in China that “own” a home or property, but it isn’t even built or usable. There are scores of ghost cities across China that were built as part of an economic bubble.
There’s a ton of room for improvement in North America, and I’m not going to discount the fact that we need more smaller homes, and condos to be able to allow people to own a piece of property. However China’s metric is completely out of whack.
It ends up being bubbly but it is just the side effect of lots of new people going to the same place. I also chuckled at the bit about lower income tax not helping as property taxes can result in larger tax burden
The real bullshit is replacing products to use the alternatives people are buying due to inflation to make it seem like inflation is lower.
If I'm buying tofu instead of chicken that shouldn't be what the calculation is based on, otherwise we'll go all the way down to only have beans and rice in the basket and say "See, inflation isn't so bad!"
kind of like how the Dow Jones and the S&P500 and the Russel2000 type indexes will adjust what they contain, which makes it seem like growth is higher.
Yeah, it's kind of misrepresentation by medias that they refer to indexes so much when talking about markets health, ideally they would mostly talk about broad market ETFs' performance instead since they would be invested in everything at once.
Housing Bubble 2: Return of the Ugly
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