Commentary on Housing Prices
 

One of the proposed solutions is state owned housing. Of course,
get the government involved.
https://theweek.com/business/1001518/homes-should-not-be-a-store-of-wealth
There are several houses going up in a nearby town. Two story, with maybe six bedrooms and six baths or whatever. And there will be two, maybe three, people bouncing around in them. Heck, they need cell phones just to yell at each other.

Commentary on Housing Prices
 

On 6/15/2021 4:47 PM, Dean Hoffman wrote:
One of the proposed solutions is state owned housing. Of course,
get the government involved.
https://theweek.com/business/1001518/homes-should-not-be-a-store-of-wealth
There are several houses going up in a nearby town. Two story, with maybe six bedrooms and six baths or whatever. And there will be two, maybe three, people bouncing around in them. Heck, they need cell phones just to yell at each other.


What a wonderful idea. I spent the last two weeks in my friends
$3million beach home. She should unburden herself from it and let the
government use it for housing.

Commentary on Housing Prices
 

On Tue, 15 Jun 2021 13:47:44 -0700 (PDT), Dean Hoffman
wrote:

One of the proposed solutions is state owned housing. Of course,
get the government involved.
https://theweek.com/business/1001518/homes-should-not-be-a-store-of-wealth
There are several houses going up in a nearby town. Two story, with maybe six bedrooms and six baths or whatever. And there will be two, maybe three, people bouncing around in them. Heck, they need cell phones just to yell at each other.

We have 4000+ sq/ft houses here that are only occupied a couple months
a year by 2 people. The people simply look at it as an investment.
Other than during a short downturn in 2008-10, the investments are
solid too. If you could afford to keep your extra houses through that
dip, you are whole again plus a nice return on your money if you
avoided the irrational exuberance 2002-2006 when you bought.

Commentary on Housing Prices
 

On Tue, 15 Jun 2021 17:50:09 -0400, Ed Pawlowski wrote:

On 6/15/2021 4:47 PM, Dean Hoffman wrote:
One of the proposed solutions is state owned housing. Of course,
get the government involved.
https://theweek.com/business/1001518/homes-should-not-be-a-store-of-wealth
There are several houses going up in a nearby town. Two story, with maybe six bedrooms and six baths or whatever. And there will be two, maybe three, people bouncing around in them. Heck, they need cell phones just to yell at each other.


What a wonderful idea. I spent the last two weeks in my friends
$3million beach home. She should unburden herself from it and let the
government use it for housing.

This guy is clearly a moron who never actually looked at the fate of
government housing. Virtually every unit of the Kennedy, LBJ and Nixon
era public housing "projects" quickly became an instant drug infested,
crime ridden, slum and most were torn down.
I also wonder where he came up with this line.

"Now that many younger people are (finally) flush with cash thanks to
pandemic savings and rescue payments, there are not nearly enough
homes to buy".
Yeah all of those laid off kids, making $600 a week on unemployment
and getting a couple of $1200 checks are now ready to buy a
$250k-$500k house. That is the kind of thinking that crashed the
market in 2008.

This sums it up about the guy
www.ryanlouiscooper.com/p/about.html
Ryan Cooper This year I finally decided to stop beating around the
bush and start calling myself a democratic socialist. I think the
reason for the long hesitation is the very long record of horrifying
atrocities carried out by self-described socialist countries.

So now he wants to bring those horrifying atrocities here because that
is the only way they could maintain that form of government. (China,
Cuba, USSR RIP and the other communist countries)