Politics It's the economy, stupid! Gas, healthcare, & chickens!

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Shaboid said:
Seriously. Blessed we bought in March before shit got even more crazy.
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Some effort needs to be taken to make it less profitable for the large property management groups. Tons of houses were bought after the 2008 crisis by such groups while house builders simultaneously went bankrupt.

They have been able to achieve artificial scarcity, along with so many rich folks owning second, third, and fourth houses that are not even lived in. It seems obvious there needs to be some form of a disincentive to own more than one house. It’s also contributed to ruining smaller towns such as on the Oregon coast.
 
SlyPokerCat said:
Yup. Put a cap on how many homes people/corporations can own. However, people could always make multiple corps.
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Just charge them a lot in taxes, I think that would fix it. And yes that’s true, folks could create multiple corporations and other loopholes, but that can be fixed too. It frankly just comes down to will to do something about it.
 
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SlyPokerDog said:
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I have seen a few things like this before, but I can never find something that has a definitive break down of the analysis. I am going to check that source out in a bit to see if I can understand it more. From what I understand Texas has absurdly high property taxes which more than makeup for their lack of income tax.
 
Voodoo said:
I have seen a few things like this before, but I can never find something that has a definitive break down of the analysis. I am going to check that source out in a bit to see if I can understand it more. From what I understand Texas has absurdly high property taxes which more than makeup for their lack of income tax.
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Ask @Mediocre Man or @bigbailes.
 
riverman said:
I got out of the market the day Trump was elected.but my retirement accounts haven't lost since....saw this coming...as to gas...it's not the 5 dollar number, it's the value of the dollar which comes after a 2+ year pandemic when 48 million lost jobs and over a million died of covid along massive forest fires that destroyed half a million homes in Oregon alone...with the trade wars stopping business as usual with China...yeah....Americans like most of the world forever might have to use public transportation for a change, drive a scooter or ride a bike and drive less in the meantime....also glad I bought a hybrid 9 years ago...preparation for the roller coaster that has always been ...you missed several lean chapters in our history because you're too young to remember but my father went through the dust bowl...3 years with no rain and I went through the Carter years trying to get ahead when the economy sucked...shit happens and this time around, we had the most corrupt leadership since JP Morgan bought a president in charge leading up to this..yeah..we get it. You're seeing democracy tested like it's never been tested before...probably the most important political event in your lifetime...but yeah.....gas! On the other hand my nephew is making 22 dollars an hour washing dishes in Redmond....that's like 5 dollar gas...just numbers...people all over the world have always paid twice what we pay for gas except for the Middle east ...most people overseas have paid at least 3 dollars a liter for decades...it's why they drive 4 cylinder cars
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It's the classic: Deal with the hand you were given. However, anticipate from experience, as I see you have., Bro! 200wQB06OMYG.gif
 

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Voodoo said:
I have seen a few things like this before, but I can never find something that has a definitive break down of the analysis. I am going to check that source out in a bit to see if I can understand it more. From what I understand Texas has absurdly high property taxes which more than makeup for their lack of income tax.
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I can confirm that our property taxes are through the roof! I still maintain that if you can work and live in SW Washington and buy your stuff in Oregon, it's the best of all worlds!
 
bigbailes said:
I can confirm that our property taxes are through the roof! I still maintain that if you can work and live in SW Washington and buy your stuff in Oregon, it's the best of all worlds!
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Portlanders don't think highly of people from "The Couv". :Sly:
 
tlongII said:
Not exactly good news for buyers with the interest rates going up.
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It'll flush the market and when rates get lower, there will be a short window to get deals. Also, wouldn't it be good to get an adjustable rate mortage towards the end of rate hikes, then refinance later to a fixed rate? I mean this is like 12-18 months down the line probably.
 
HEY ARE WE NOT BLAMING PEOPLE FOR THE GAS PRICES ANYMORE?
 
THE HCP said:
HEY ARE WE NOT BLAMING PEOPLE FOR THE GAS PRICES ANYMORE?
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Gas prices still high and they are going up again. Europe (esp Germany) is going to be UBER-FUCKED this winter with fuel/gas.

 
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Last time I filled up and this is at Costco where its about 30-40 cents cheaper. Really like having a fuel efficient car, drove to Vegas for Labor Day and back and didn't cost TOO much. Still have about $65 fill ups where it should be in the $30 range

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