Getbig.com: American Bodybuilding, Fitness and Figure
Getbig Main Boards => Gossip & Opinions => Topic started by: OneMoreRep on September 11, 2022, 09:54:31 AM
-
I am noticing a slowly & quietly growing initiative that can prove to be disastrous if not properly checked. History might not just repeat itself, but result in far worse than what we've seen before (think 2008 subprime mortgage crisis, but likely worse).
Bank of America has launched its Community Affordable Loan Solution in select communities, an initiative tailored to expand homeownership opportunities to historically underserved borrowers. What's the catch? You need no down payment, has zero closing costs, waives insurance and is not contingent on their credit scores!!!
More information on this program can be found here: https://www.mpamag.com/us/news/general/bank-of-america-expands-minority-lending-possibilities/419947 (https://www.mpamag.com/us/news/general/bank-of-america-expands-minority-lending-possibilities/419947)
Citibank also plans to expand a program that aims to eliminate key barriers to homeownership in diverse communities, particularly with regard to cost and affordability. Citibank has made this program available within these cities: San Francisco, Los Angeles, New York, Miami, Washington, D.C., and Chicago. Their future goals include integrating this program to markets that include Atlanta, Austin, Denver, Dallas, Houston, Philadelphia and Cambridge, Massachusetts. What's the catch? You guessed it...You need no down payment, has zero closing costs, waives insurance and is not contingent on their credit scores!!!
More information on this program can be found here: https://www.cnbc.com/2022/09/09/citi-expands-program-to-increase-homeownership-in-diverse-communities.html (https://www.cnbc.com/2022/09/09/citi-expands-program-to-increase-homeownership-in-diverse-communities.html)
What's the moral of the story here? I think this is bigger than the 2008 subprime mortgage crisis. I believe this lends itself to the narrative of, "You will own nothing & be happy" that's slowly being pushed just beneath the surface. The Federal Reserve just unveiled plans for what they call the FedNow service, which will serve as the infrastructure for a Central Bank Digital Currency (CBDC). These so-called loans for underserved communities sound to me like a terrible idea that resembles a lot of what we saw circa 2008. Unqualified borrowers will be given mortgages they won't be able to pay. They will default. The bank will sell the debt to the Federal Reserve. The Fed will own the homes, the people will in turn rent homes from them. The CBDC through the FedNow will be completely monitored and no one will have a sense of privacy, control of their finances or true property down the line.
Look to China to see what the future might have in store for us...
Thoughts?
"1"
-
They announced not long ago over here that the affordability check is no longer required despite it first coming into place on the back of the last recession of which people taking on mortgages they could never afford was a big contributing factor. Not sure what the purpose of this is but it does lend weight to your suspicions I know jeffley has mentioned similar.
To be fair not sure how it is over there but here what’s to say you actually fucking own your house anyway? There is a database on line and you can pay 3 quid to see who owns any house all it has is your name and the adress and weather there is a loan on the property or not. Who’s to say this can’t be wiped and it was all a con and you never actually owned it ?
-
Rewarding a person based on the colour of their skin is totally not racist as long as they are not white, and has worked really well for South Africa. Good luck with this.
-
Rewarding a person based on the colour of their skin is totally not racist as long as they are not white, and has worked really well for South Africa. Good luck with this.
Hahaha, right.
-
To be fair not sure how it is over there but here what’s to say you actually fucking own your house anyway? There is a database on line and you can pay 3 quid to see who owns any house all it has is your name and the adress and weather there is a loan on the property or not. Who’s to say this can’t be wiped and it was all a con and you never actually owned it ?
A bigger scam that exists here in the USA is that although people assume they can own their home "free and clear" if and when they paid off a mortgage or simply bought a home in full, the fact of the matter is that you NEVER own the actual land your home is on. Yes, you pay for the land lot and home that is built on it, but there is something we call property taxes (again not certain how they do things on your side of the pond) and with these property taxes the moment you stop paying them or go bad on them, the local city government can repossess your home (place a lien on it) and take ownership of the home you thought you had owned. This lien is a legal claim against your property that can be used as collateral to repay the debt of property taxes owed to the local government. In other words, nothing you think you fully own in the USA, by way of a home, is ever truly yours. So as long as you pay property taxes, you're still renting the right to have the home on that lot of land, but go bad on your property taxes and that home ceases to be yours.
"1"
-
A bigger scam that exists here in the USA is that although people assume they can own their home "free and clear" if and when they paid off a mortgage or simply bought a home in full, the fact of the matter is that you NEVER own the actual land your home is on. Yes, you pay for the land lot and home that is built on it, but there is something we call property taxes (again not certain how they do things on your side of the pond) and with these property taxes the moment you stop paying them or go bad on them, the local city government can repossess your home (place a lien on it) and take ownership of the home you thought you had owned. This lien is a legal claim against your property that can be used as collateral to repay the debt of property taxes owed to the local government. In other words, nothing you think you fully own in the USA, by way of a home, is ever truly yours. So as long as you pay property taxes, you're still renting the right to have the home on that lot of land, but go bad on your property taxes and that home ceases to be yours.
"1"
if anyone thinks they own their own home try giving it to someone without paying for the privilege to do it.
-
A bigger scam that exists here in the USA is that although people assume they can own their home "free and clear" if and when they paid off a mortgage or simply bought a home in full, the fact of the matter is that you NEVER own the actual land your home is on. Yes, you pay for the land lot and home that is built on it, but there is something we call property taxes (again not certain how they do things on your side of the pond) and with these property taxes the moment you stop paying them or go bad on them, the local city government can repossess your home (place a lien on it) and take ownership of the home you thought you had owned. This lien is a legal claim against your property that can be used as collateral to repay the debt of property taxes owed to the local government. In other words, nothing you think you fully own in the USA, by way of a home, is ever truly yours. So as long as you pay property taxes, you're still renting the right to have the home on that lot of land, but go bad on your property taxes and that home ceases to be yours.
"1"
Property tax rates vary quite a bit too. In A lot of states it’s over 1% and in a few it’s over 2%. You are on a 50-100 year mortgage that never ends. For a lot of people owning their own home is considered “making it”. They’ve done a good job of scamming young people into assuming massive amounts of debt in the name of home ownership.
I know 2 Dutch guys who are brothers and they bought 5 or 6 properties in the area I live back in the late 90s or early 2000’s and they’ve been able to rent them out as commercial and residential for the past 20 years now. That effectively pays them probably 15k a month or more and they have never had to work here. This is they type of property ownership that can be very profitable, however very few property owners are in this kind of situation and with todays prices in my area you would need probably 4-5 million to buy 5 or 6 properties. If I had to guess, they probably paid less than 1 million for all their properties back in 2000ish.
-
More brainless libtardism. Ruining America one bone-head idea at a time.
Hiding illegals all over the country, hoping to get their votes to build another Venezuela, a 3rd-world shithole.
Handing them the keys to the country. If I were an old-school Dem I'd be furious.
And no, you're not an "independent" if you whine about TRump 24x7, but say nothing about todays disaster. (Pant-Shitters take down of America).
But the brainless ones that go along with it, well they are far-left extremists. And they talk about Trumptards ::)
No fucking comparison to the bleeding heart retardz, with bleeding ass-holes.
Low No IQ individuals' group of morons.
Your fathers must be proud they gave birth to epic phagz (and I dont mean homosexuals).
The dead ones are rolling over in their graves (maybe ass-up if they are anything like our resident libturdz). ::)
-
taxes are one of the biggest scams
-
This will making owning your own home pointless.
If its paid for who is going to buy it when they can get one on a cheap rental basis.
I live in a pretty much all white area, the only black and asians are successful ones (footballers /Doctors)
5 miles away its a different story although its mostly Eastern Europeans, the streets are no go areas at night, people openly selling drugs on street corners.
No matter where you choose to live in future unless you can afford not to work and move to the countryside you will be surrounded by peoiple who have never had to work for anything in their lives with an overwhelming sense of entitlement.
Thats why the USA has such a bad problem with blacks, its the sense of entitlement that whitey has told them they have.
They are now out of control.
-
Just playing devils advocate here, so without reading the details I may be just talking nonsense. But, from what I understand it’s in run down areas, which I’d assume would make the prices of the homes very cheap, like car payment cheap. I’d also assume the interest rates would be such that they could make up the fees with the interest over the life of the loan. Maybe, other than virtue signaling, they think they can expand ownership to minorities, and have them start accumulating “wealth” and get their children as customers? I mean, White folks are on the decline, they’re going to have to get their money/customers from somewhere. Maybe this is a low risk/high reward type deal in their eyes? I’m sure that they’ve had their statisticians and economists crunch the numbers.
-
I mean, White folks are on the decline, they’re going to have to get their money/customers from somewhere. Maybe this is a low risk/high reward type deal in their eyes? I’m sure that they’ve had their statisticians and economists crunch the numbers.
LOL, delusion! Every encounter in history proves opposite.
(https://cdn.images.express.co.uk/img/dynamic/106/750x445/1209480.jpg)
(https://media-cldnry.s-nbcnews.com/image/upload/rockcms/2022-02/patrick-mahomes-main-jc-220221-401953.jpg)
(https://phantom-marca.unidadeditorial.es/934565655bb42718bac8c631decc5dd6/resize/1200/f/jpg/assets/multimedia/imagenes/2022/05/02/16514541390137.jpg)
(https://cdn.amomama.com/72c444854ed55a675d7b5d3b98bee8c32105621563568105.jpg)
Takes about 2 generations.
-
I never understood the idea that after you pay off your mortgage you still have to pay taxes on your property. I always thought that was pretty lame. The government is fucking us all.
-
I never understood the idea that after you pay off your mortgage you still have to pay taxes on your property. I always thought that was pretty lame. The government is fucking us all.
Agreed.
It's always been used as a way to economically fund local and city governments, amongst a few other things, but in reality it's a way for the local government to always have a claim to your home/land.
Most things you think you own are not truly ours to begin with. We fall for the illusion of ownership.
"1"
-
Carter signed the Community Reinvestment Act, but Clinton gave it teeth. Wasn’t it Barney Frank who said something like, we have to get rid of antiquated standards like credit history, down payment, and proof of income so we can promote home ownership?
No down payment means no skin in the game – one can treat home ownership like renting and just walk away. Heh, at least with a rental one has to put up a deposit and perhaps first and last month’s rent.
-
Wasn’t it Barney Frank who said something like, we have to get rid of antiquated standards like credit history, down payment, and proof of income so we can promote home ownership?
No down payment means no skin in the game – one can treat home ownership like renting and just walk away. Heh, at least with a rental one has to put up a deposit and perhaps first and last month’s rent.
Yes. It was in fact Barney Frank who said that.
It all smells like a bad idea to me.
"1"
-
A bigger scam that exists here in the USA is that although people assume they can own their home "free and clear" if and when they paid off a mortgage or simply bought a home in full, the fact of the matter is that you NEVER own the actual land your home is on. Yes, you pay for the land lot and home that is built on it, but there is something we call property taxes (again not certain how they do things on your side of the pond) and with these property taxes the moment you stop paying them or go bad on them, the local city government can repossess your home (place a lien on it) and take ownership of the home you thought you had owned. This lien is a legal claim against your property that can be used as collateral to repay the debt of property taxes owed to the local government. In other words, nothing you think you fully own in the USA, by way of a home, is ever truly yours. So as long as you pay property taxes, you're still renting the right to have the home on that lot of land, but go bad on your property taxes and that home ceases to be yours.
"1"
There is also eminent domain. If state or federal government decides they need your property for some purpose, they have known as eminent domain which means they can force to sell them your property. If you refuse to sell, they can condemn it and take it from you.
-
These so-called loans for underserved communities sound to me like a terrible idea that resembles a lot of what we saw circa 2008. Unqualified borrowers will be given mortgages they won't be able to pay. They will default. The bank will sell the debt to the Federal Reserve.
This doesn't really sound anything like the 2008 recession. That was caused by institutional investors who were looking for ways to invest in US housing market and the banks creating a bunch of sketchy retail products to get as much money from institutional investors as possible.
I looked into this, and it's not a program designed for "unqualified" borrowers. This program uses flexible metrics to finance buyers looking to purchase in lower income neighborhoods. From what I can tell, they must still provide verifiable employment and a solid history of monthly payments in rent and utilities. In 2008, you had people making less than $30k/yr getting mortgages on million$ homes. Not at all comparable. I'd never give big banking too much credit for anything, but this is a modest program that realistically isn't going to have a large impact on the housing market.
-
Agreed.
It's always been used as a way to economically fund local and city governments, amongst a few other things, but in reality it's a way for the local government to always have a claim to your home/land.
Most things you think you own are not truly ours to begin with. We fall for the illusion of ownership.
"1"
In Oregon the state schmucks use their high property taxes to ultimately steal homes from the rightful owners. Given that their goobenor is trying to out-crap ours, I hope to one day see the Crapture take 'em all.
-
The low races will get adjust rate mortgages , theyll defaualt, free rent for a year till they default fuk it up. Just a bunch of low lifes will game the system, great political move will benefit those looking for a free year
-
I’d watch Europe and see what actions they are going to take.
EU has been very open that nobody is going to own anything.
I think for that to happen you need to make things useless and/or cost prohibitive to own more so than bottom up assistance programs. Both would get you there in the end I guess.
-
In Oregon the state schmucks use their high property taxes to ultimately steal homes from the rightful owners. Given that their goobenor is trying to out-crap ours, I hope to one day see the Crapture take 'em all.
With regards to Oregon property taxes here are a couple of things of note:
Oregon has property tax rates that are nearly in line with national averages. The effective property tax rate in Oregon is 0.90%, while the U.S. average currently stands at 1.07%.
Oregon's property tax is local. All property taxes are collected locally to fund schools and governments in the area. The state does not receive any property tax revenue.
Oregon does not have a sales tax.
Oregon’s current property tax system was created to ensure that a homeowner’s tax burden doesn’t rise more than 3% in a given year.
It is almost impossible to "get taxed out of your home" in Oregon. There is a property tax deferral program for seniors and disabled homeowners to defer payment on their property taxes if their household income is less than $51,000. Whoever inherits the property pays the deferred property taxes.
I don't know anybody who likes paying property taxes.
Many people pay their property taxes into an escrow account on a monthly basis, so as not to get hit with a big bill in November. I prefer paying mine all at once.
-
B of A shareholders must love this great idea.
All I need is some shoe polish, a few hundred points off my credit score, erase my entire work history and I too can get a free house.
-
As most expect a cataclysmic property crash, I bet for a property bailout back in 2020.
People convinced property would crash with just 1% of rate rises and now we are staring at a 3.4% this month and target of 3.9% by year end……. And still no property crash. Credit markets look only slightly sick.
Those calling for bigger than GFC event are missing the point entirely. GFC PVR was 55% and currently we are at 30% equal with the best ever position pre the last 40yr property booms.
-
Homes were selling above asking price around here a while back. People offering much more just to snag the place.
It has slowed and prices are coming down again.
Still outrageously high though, ridiculous actually...
I bought this one for 389K back in 2005.
Could easily get 649K now. (Until it crashes again that is)...
The one down the road, just got 650K, much smaller than this one, smaller lot, not private, etc.
Nuts...
-
Rewarding a person based on the colour of their skin is totally not racist as long as they are not white, and has worked really well for South Africa. Good luck with this.
Complete lunacy. A bandaid on top of a badly infected injury.
-
A bigger scam that exists here in the USA is that although people assume they can own their home "free and clear" if and when they paid off a mortgage or simply bought a home in full, the fact of the matter is that you NEVER own the actual land your home is on. Yes, you pay for the land lot and home that is built on it, but there is something we call property taxes (again not certain how they do things on your side of the pond) and with these property taxes the moment you stop paying them or go bad on them, the local city government can repossess your home (place a lien on it) and take ownership of the home you thought you had owned. This lien is a legal claim against your property that can be used as collateral to repay the debt of property taxes owed to the local government. In other words, nothing you think you fully own in the USA, by way of a home, is ever truly yours. So as long as you pay property taxes, you're still renting the right to have the home on that lot of land, but go bad on your property taxes and that home ceases to be yours.
"1"
Plus you have to pay home owners insurance, repairs and upkeep (mowing the lawn,trimming the hedges, painting, cleaning the gutters, etc) and you can lose it in a lawsuit or bankruptcy. Renting and leasing homes and cars are superior and almost all the advice we ever get is the opposite.
-
I never understood the idea that after you pay off your mortgage you still have to pay taxes on your property. I always thought that was pretty lame. The government is fucking us all.
Not really. They use that money to repair infrastructure , roads etc. unless you want to have a well for water and drive on dirt.
-
A bigger scam that exists here in the USA is that although people assume they can own their home "free and clear" if and when they paid off a mortgage or simply bought a home in full, the fact of the matter is that you NEVER own the actual land your home is on. Yes, you pay for the land lot and home that is built on it, but there is something we call property taxes (again not certain how they do things on your side of the pond) and with these property taxes the moment you stop paying them or go bad on them, the local city government can repossess your home (place a lien on it) and take ownership of the home you thought you had owned. This lien is a legal claim against your property that can be used as collateral to repay the debt of property taxes owed to the local government. In other words, nothing you think you fully own in the USA, by way of a home, is ever truly yours. So as long as you pay property taxes, you're still renting the right to have the home on that lot of land, but go bad on your property taxes and that home ceases to be yours.
"1"
Yes - in Canada too.
It sucks knowing that even now owning my house and freeing myself from the system...that the system can still technically bankrupt me. And I can't do anything about it.
-
Yes - in Canada too.
It sucks knowing that even now owning my house and freeing myself from the system...that the system can still technically bankrupt me. And I can't do anything about it.
Damn Matt- get some courage, lol
(https://s1.qwant.com/thumbr/474x249/2/6/f01f2b2d32ff8f8ab99f5b225576e7c5a0ffc6432016d45b5d54c0fc8a3e72/th.jpg?u=https%3A%2F%2Ftse1.explicit.bing.net%2Fth%3Fid%3DOIP.CMmbf6GHORZeE20_D40R9gHaD5%26pid%3DApi&q=0&b=1&p=0&a=0)
-
Plus you have to pay home owners insurance, repairs and upkeep (mowing the lawn,trimming the hedges, painting, cleaning the gutters, etc) and you can lose it in a lawsuit or bankruptcy. Renting and leasing homes and cars are superior and almost all the advice we ever get is the opposite.
Lmfao
Seriously LOL at renting a home being superior
-
Not really. They use that money to repair infrastructure , roads etc. unless you want to have a well for water and drive on dirt.
No need for municipal services, the glorious free market will provide ;D ;D
Who needs clean water or waste management or law enforcement anyways lol
-
Getbiggers spend most of their time on their yachts and flying on their private jets to Monaco.
Taxes are for little people.
-
Not really. They use that money to repair infrastructure , roads etc. unless you want to have a well for water and drive on dirt.
Christ! Your avatar is hot! :P
You are a man of good taste 8)
-
Lmfao
Seriously LOL at renting a home being superior
Some like it (renting for life). I however, like the idea of selling it someday for 3x of what I paid, and then just renting a condo at a FLA beach.
I dont like leasing cars either (always paying) I haven't had a car payment, or a rent/mortgage payment in a decade...
I never knew anyone (personally) who lost their house in a lawsuit. And Im pretty fucking old...
-
A bigger scam that exists here in the USA is that although people assume they can own their home "free and clear" if and when they paid off a mortgage or simply bought a home in full, the fact of the matter is that you NEVER own the actual land your home is on. Yes, you pay for the land lot and home that is built on it, but there is something we call property taxes (again not certain how they do things on your side of the pond) and with these property taxes the moment you stop paying them or go bad on them, the local city government can repossess your home (place a lien on it) and take ownership of the home you thought you had owned. This lien is a legal claim against your property that can be used as collateral to repay the debt of property taxes owed to the local government. In other words, nothing you think you fully own in the USA, by way of a home, is ever truly yours. So as long as you pay property taxes, you're still renting the right to have the home on that lot of land, but go bad on your property taxes and that home ceases to be yours.
"1"
Exactly. You’re always renting. The government has a superior land right to your claim of ownership.
-
Just playing devils advocate here, so without reading the details I may be just talking nonsense. But, from what I understand it’s in run down areas, which I’d assume would make the prices of the homes very cheap, like car payment cheap. I’d also assume the interest rates would be such that they could make up the fees with the interest over the life of the loan. Maybe, other than virtue signaling, they think they can expand ownership to minorities, and have them start accumulating “wealth” and get their children as customers? I mean, White folks are on the decline, they’re going to have to get their money/customers from somewhere. Maybe this is a low risk/high reward type deal in their eyes? I’m sure that they’ve had their statisticians and economists crunch the numbers.
The funny thing is the "they" you speak of were responsible for this "white folk" decline. They engineered the white genocide that's been happening. What was the point of doing that? Did they really think the world would be better with a small white minority and a non-white majority? Fucking morons!
-
Yes - in Canada too.
It sucks knowing that even now owning my house and freeing myself from the system...that the system can still technically bankrupt me. And I can't do anything about it.
Sure you can. You can go Dexter on them if you have to...
-
Homes were selling above asking price around here a while back. People offering much more just to snag the place.
It has slowed and prices are coming down again.
Still outrageously high though, ridiculous actually...
I bought this one for 389K back in 2005.
Could easily get 649K now. (Until it crashes again that is)...
The one down the road, just got 650K, much smaller than this one, smaller lot, not private, etc.
Nuts...
Prices are still out of sight here too. Houses in the immediate area sell fast. A 3 bedroom 2 bath under 2,000 sq ft which is just up the street had a for sale sign up for a day or two before it was changed to sold. It sold for just under $640K. My house is 4 bedrooms and 3 baths with a larger lot. It is valued at around $769K which is down from a couple of months ago. Bought this place in 1999 for $214K. I do not plan to sell, so these numbers don't mean much.
-
Prices are still out of sight here too. Houses in the immediate area sell fast. A 3 bedroom 2 bath under 2,000 sq ft which is just up the street had a for sale sign up for a day or two before it was changed to sold. It sold for just under $640K. My house is 4 bedrooms and 3 baths with a larger lot. It is valued at around $769K which is down from a couple of months ago. Bought this place in 1999 for $214K. I do not plan to sell, so these numbers don't mean much.
I know what you mean about not planning to sell. Its too early for me as Im like 6 yrs (I hope) away from retirement. Who knows what can happen in that time frame.
Good to know you have something of value though. (Even if its for your family, etc)..
-
I know what you mean about not planning to sell. Its too early for me as Im like 6 yrs (I hope) away from retirement. Who knows what can happen in that time frame.
Good to know you have something of value though. (Even if its for your family, etc)..
I've mentioned before that currently we are a 4 generation household. Apparently, there are only 78,000 in the entire U.S. I am the oldest at 78 and my great-granddaughter who is 30 months old the youngest.
-
Lmfao
Seriously LOL at renting a home being superior
You have bought the bullshit.
-
I had an IT manager at work for years, great guy, but horrible with money.
He would buy a new car every 3-years, and say "well, I figure I'll always have a car payment", or he would re-finance his mortgage for some bull-shit additions on the home, etc.
same thing "I'll always have a home or rent payment" etc.
I showed him how, by not having those payments, I put 90K extra in-bank over 5 years.
1K a month for fictional mortgage (60K), 500.00 a month for fake car-payment (30K). I just pretended I still had those payments, and I made them (to myself).
I still do it over 5 years later and have 200K in payments (in an account) that would have been made to others. The shit adds up...
We would also get 15K a year extra (bonus) at work. He would spend his right away on something (hot-tub, yard-stuff, sheds, etc) I would bank mine.
10 yrs later when our kids started college, they had all sorts of payments (and they are still paying student loans) I paid for my 2-kids college with cash.
(From the bonuses and yearly stock grants). I would sell the stock ASAP and use it for the college. (Good because it crashed over the years anyways for those who held it).
Being cheap, and not having rent/car payments, can really pay off for people (when they are strict).
-
I had an IT manager at work for years, great guy, but horrible with money.
He would buy a new car every 3-years, and say "well, I figure I'll always have a car payment", or he would re-finance his mortgage for some bull-shit additions on the home, etc.
same thing "I'll always have a home or rent payment" etc.
I showed him how, by not having those payments, I put 90K extra in-bank over 5 years.
1K a month for fictional mortgage (60K), 500.00 a month for fake car-payment (30K). I just pretended I still had those payments, and I made them (to myself).
I still do it over 5 years later and have 200K in payments (in an account) that would have been made to others. The shit adds up...
We would also get 15K a year extra (bonus) at work. He would spend his right away on something (hot-tub, yard-stuff, sheds, etc) I would bank mine.
10 yrs later when our kids started college, they had all sorts of payments (and they are still paying student loans) I paid for my 2-kids college with cash.
(From the bonuses and yearly stock grants). I would sell the stock ASAP and use it for the college. (Good because it crashed over the years anyways for those who held it).
Being cheap, and not having rent/car payments, can really pay off for people (when they are strict).
Good advice. I've found a good way to save money is to bank it without thinking about it. I financed my current car when I bought is in 2016 because Onpoint only charged me 1% interest. The payment was set up with them to be automatically deducted from my checking account each month. After the car was paid off, I continued to have the same amount deducted monthly. It's amazing how quickly that account grew and will continue to do so with no effort on my part.
On the other hand, I have taken out equity loans and refinanced my house a couple of times over the years, using the money to remodel in ways that increased the value. Most recently, I had the place reroofed to the tune of $42 K which is less than I would have spent had I replaced the cedar shakes with new cedar shakes, which is what I wanted to do. That estimate came in at $70 K. Since almost all the houses have replaced the original cedar roofs with composition roofs, it might be difficult to get the extra expense back if I wanted to sell.
I consider this a win, win because I enjoy living here knowing there is no deferred maintenance. I will continue to do so for as long as I want. If there ever comes a time when I or my kids decide to sell, we are assured of getting a good price. I don't believe I've overdone the remodeling and maintenance to the point that it is overpriced for the neighborhood. Occasionally folks come to the door to ask if I ever decide to sell to let them know before I list it with a realtor.
It is possible to have the nicest house in the neighborhood and not be priced out of the market. So few houses come up for sale around here that when they do they sell almost immediately. Even when interest rates were high, this was true. Some are never listed. They sell by word of mouth alone.
-
Lmfao
Seriously LOL at renting a home being superior
If you have subsidized rent and life time tenancy (in the UK it's known as council housing) then it can definitely be superior.
-
I had an IT manager at work for years, great guy, but horrible with money.
He would buy a new car every 3-years, and say "well, I figure I'll always have a car payment", or he would re-finance his mortgage for some bull-shit additions on the home, etc.
same thing "I'll always have a home or rent payment" etc.
I showed him how, by not having those payments, I put 90K extra in-bank over 5 years.
1K a month for fictional mortgage (60K), 500.00 a month for fake car-payment (30K). I just pretended I still had those payments, and I made them (to myself).
I still do it over 5 years later and have 200K in payments (in an account) that would have been made to others. The shit adds up...
We would also get 15K a year extra (bonus) at work. He would spend his right away on something (hot-tub, yard-stuff, sheds, etc) I would bank mine.
10 yrs later when our kids started college, they had all sorts of payments (and they are still paying student loans) I paid for my 2-kids college with cash.
(From the bonuses and yearly stock grants). I would sell the stock ASAP and use it for the college. (Good because it crashed over the years anyways for those who held it).
Being cheap, and not having rent/car payments, can really pay off for people (when they are strict).
Good man, GR.
-
Homes were selling above asking price around here a while back. People offering much more just to snag the place.
It has slowed and prices are coming down again.
Still outrageously high though, ridiculous actually...
I bought this one for 389K back in 2005.
Could easily get 649K now. (Until it crashes again that is)...
The one down the road, just got 650K, much smaller than this one, smaller lot, not private, etc.
Nuts...
It's not going to crash, but home sales are going to slow down until people realize they are just going to have to buy anyway. This is nothing like 2008.
The developers i work with are slowing down a little and lowering prices a bit to just get rid of inventory. People are still buying houses and there are a lot of areas in the USA that still have a severe housing shortage.
Where i live they are still building full speed ahead because the market has almost zero inventory. The builders are going to start building homes cheaper so they can lower the prices and still make a profit. The dev i work closely with can knock $20k off it's building price for a 2000 SF home just by changing a few materials. You can save $8-10k just buy building a cheaper perimeter fence. Roof materials can shave $5-10k off.
Things are going to balance out in a year or two. All the money our government has invested in infrastructure projects will start soon and this will cause prices to go back up. Just wait and see. While our government is terrible with basic principles of economics, they understand how to inflate and deflate markets. They will NOT let it fail, not matter what they have to do.
And to OMR's original statement, yes the government will one day own everything. That has been the plan for decades, but it's not happening anytime soon.
-
Joe will lead us to the promised land.
Don't be afraid.
-
Joe will lead us to the promised land.
Don't be afraid.
In the Democratic Party we trust! They've done such a good job so far.
-
You will live near negroes and you will be happy
https://www.naca.com/
-
This doesn't really sound anything like the 2008 recession. That was caused by institutional investors who were looking for ways to invest in US housing market
https://en.m.wikipedia.org/wiki/Real_estate_investment_trust
-
Make America Great...Again
-
I think it’s a lovely idea.
History has clearly proven that if you give lazy, uneducated, illiterate, violent prone “people” free stuff they with step up and behave with honor and eloquence and make everyone proud.
-
I think it’s a lovely idea.
History has clearly proven that if you give lazy, uneducated, illiterate, violent prone “people” free stuff they with step up and behave with honor and eloquence and make everyone proud.
the term one bad apple spoils the box is true
If you have a team of highly skilled efficient workers you dont put some deadbeat with them hoping the deadbeat will up his game.
What happens is the others see the dead beat doing fuck all and drop down to their level
Thats basic psychology
You cant expect people who dont know how to behave to take notice of people setting a good example.
Good people end up going bad.
The default position for humans is chaos, it takes effort to be good
-
I bought rural property because I want to be left the fuck alone. Just because I won't have complete autonomy doesn't mean I won't have way more than when I rented in a suburban area. I won't be left alone completely but I can do pretty much what I want.
I knew property taxes, eminent domain, building permit requirements, etc, all existed. It was always part of the deal, and it's a deal I freely agreed to. If I wanted to gripe it would be about how the tax money gets spent/wasted, or about the implementation of new rules which weren't part of the deal I agreed to.
If you want autonomy then accept a standard of living where there's nothing left to take from you. Be homeless. If they had brought in fines for being unvaccinated (which was on the horizon), I was going to sign over everything I own to my gf, cancel my bank accounts, never pay the fines, basically be a stone from which no blood could be extracted, and see if I could wait it out or if I'd be obliged to leave the country.
But that's because they were making up new rules. That's what makes it a breach of agreement. If I refuse to pay property taxes then I'm the one trying to change rules which we all previously agreed on.
You knew property taxes existed. You knew they can go up. You knew if you don't pay them then you lose your house. I get that you don't like them but show me where the breach of agreement is. If there isn't one, but you no longer like the agreement, then sell up and make new arrangements. What exactly is the complaint here and what are you willing to do about it? Because I've spent the last two years hearing people gripe and make all sorts of principled claims before I see them capitulate completely because they can't face the slightest austerity or reduction in first world luxury.
I sleep in my truck cab 6 nights a week, eat corned beef straight out of the can, wipe my pits, ass, and cock with wet paper towels because there's no shower, sweep away dust on concrete slabs so I can do calisthenics by headlamp in the evenings, and I'm logging 70+ hours a week doing drywall. I'm hard as a goddamn coffin nail, the only thing missing is a red cape, I'm owning my property before Christmas, and I'm proud as hell about it. So before telling me I 'won't really own it' tell me what discomfort you chose to endure for your principled stand against property taxes. Did you move to a houseboat and moor in international waters? Squatters rights in a derelict building? Me, I'm fine with the agreement I made to pay a couple thousand bucks a year in property taxes.
-
I bought rural property because I want to be left the fuck alone. Just because I won't have complete autonomy doesn't mean I won't have way more than when I rented in a suburban area. I won't be left alone completely but I can do pretty much what I want.
I knew property taxes, eminent domain, building permit requirements, etc, all existed. It was always part of the deal, and it's a deal I freely agreed to. If I wanted to gripe it would be about how the tax money gets spent/wasted, or about the implementation of new rules which weren't part of the deal I agreed to.
If you want autonomy then accept a standard of living where there's nothing left to take from you. Be homeless. If they had brought in fines for being unvaccinated (which was on the horizon), I was going to sign over everything I own to my gf, cancel my bank accounts, never pay the fines, basically be a stone from which no blood could be extracted, and see if I could wait it out or if I'd be obliged to leave the country.
But that's because they were making up new rules. That's what makes it a breach of agreement. If I refuse to pay property taxes then I'm the one trying to change rules which we all previously agreed on.
You knew property taxes existed. You knew they can go up. You knew if you don't pay them then you lose your house. I get that you don't like them but show me where the breach of agreement is. If there isn't one, but you no longer like the agreement, then sell up and make new arrangements. What exactly is the complaint here and what are you willing to do about it? Because I've spent the last two years hearing people gripe and make all sorts of principled claims before I see them capitulate completely because they can't face the slightest austerity or reduction in first world luxury.
I sleep in my truck cab 6 nights a week, eat corned beef straight out of the can, wipe my pits, ass, and cock with wet paper towels because there's no shower, sweep away dust on concrete slabs so I can do calisthenics by headlamp in the evenings, and I'm logging 70+ hours a week doing drywall. I'm hard as a goddamn coffin nail, the only thing missing is a red cape, I'm owning my property before Christmas, and I'm proud as hell about it. So before telling me I 'won't really own it' tell me what discomfort you chose to endure for your principled stand against property taxes. Did you move to a houseboat and moor in international waters? Squatters rights in a derelict building? Me, I'm fine with the agreement I made to pay a couple thousand bucks a year in property taxes.
A Getbigger with a job?
-
A Getbigger with a job?
And, soon, a property.
-
Snip.
Facial recognition in town on everything is coming.
Social media monitoring is coming.
Social score is coming.
It’s good you moved to the country (I did aswell). Significantly more freedom here.
-
Facial recognition in town on everything is coming.
Social media monitoring is coming.
Social score is coming.
It’s good you moved to the country (I did aswell). Significantly more freedom here.
Correct!
The USA will become more like China in short time. I think they are slowly setting the stage.
Word to the wise, although I think it's mostly rumor and Wall Street traders being pussies, the rumor is going around about a possible Electromagnetic pulse attack. No one knows for certain if it's going to happen, but it's making the airwaves. I have no concrete proof to suggest it. Literally heard 2 friends (one from JP Morgan and another from Bridgewater) saying that they have heard such rumors, neither of which with any hard proof to substantiate.
"1"
-
I bought rural property because I want to be left the fuck alone. Just because I won't have complete autonomy doesn't mean I won't have way more than when I rented in a suburban area. I won't be left alone completely but I can do pretty much what I want.
I knew property taxes, eminent domain, building permit requirements, etc, all existed. It was always part of the deal, and it's a deal I freely agreed to. If I wanted to gripe it would be about how the tax money gets spent/wasted, or about the implementation of new rules which weren't part of the deal I agreed to.
If you want autonomy then accept a standard of living where there's nothing left to take from you. Be homeless. If they had brought in fines for being unvaccinated (which was on the horizon), I was going to sign over everything I own to my gf, cancel my bank accounts, never pay the fines, basically be a stone from which no blood could be extracted, and see if I could wait it out or if I'd be obliged to leave the country.
But that's because they were making up new rules. That's what makes it a breach of agreement. If I refuse to pay property taxes then I'm the one trying to change rules which we all previously agreed on.
You knew property taxes existed. You knew they can go up. You knew if you don't pay them then you lose your house. I get that you don't like them but show me where the breach of agreement is. If there isn't one, but you no longer like the agreement, then sell up and make new arrangements. What exactly is the complaint here and what are you willing to do about it? Because I've spent the last two years hearing people gripe and make all sorts of principled claims before I see them capitulate completely because they can't face the slightest austerity or reduction in first world luxury.
I sleep in my truck cab 6 nights a week, eat corned beef straight out of the can, wipe my pits, ass, and cock with wet paper towels because there's no shower, sweep away dust on concrete slabs so I can do calisthenics by headlamp in the evenings, and I'm logging 70+ hours a week doing drywall. I'm hard as a goddamn coffin nail, the only thing missing is a red cape, I'm owning my property before Christmas, and I'm proud as hell about it. So before telling me I 'won't really own it' tell me what discomfort you chose to endure for your principled stand against property taxes. Did you move to a houseboat and moor in international waters? Squatters rights in a derelict building? Me, I'm fine with the agreement I made to pay a couple thousand bucks a year in property taxes.
Yeah, i'm over the taxation is theft mentality.
My problem is how much they keep increasing property taxes in certain areas.
When i lived in Houston i was paying more in property taxes per year than my house payment.
Imagine paying $15k a year for the rest of your life and it increases up to $1k per year. That's just straight tax. Then i have to pay water usage/access fees, gas usage/access/meter fees, $65 a month for "trash/recycle service". I'm forced to pay the trash/recycle fee by law, when i can haul it to the transfer station myself for about $3 in gas a month. And it all goes up every year as well, while the services get worse and worse. It's all bullshit to me.
Now living in rural NM i pay $1700 in property taxes per "year" for a house that is more expensive. And the services i get in the rural area where i live far exceed what i've ever seen in a big City. We have our own dump location about 1 mile away and handle it ourselves. Some people complain, but if you do want trash service at your house, they give the "option" to pay for it.
That's my beef with it and why so many people are leaving the big city. I will never live there again.
-
I never understood the idea that after you pay off your mortgage you still have to pay taxes on your property. I always thought that was pretty lame. The government is fucking us all.
Agreed.. property tax is stupid commie shit. You're basically paying to exist on a small spot of dirt that you already initially payed for. wtf... Corruption to the highest degree.
-
Correct!
The USA will become more like China in short time. I think they are slowly setting the stage.
Word to the wise, although I think it's mostly rumor and Wall Street traders being pussies, the rumor is going around about a possible Electromagnetic pulse attack. No one knows for certain if it's going to happen, but it's making the airwaves. I have no concrete proof to suggest it. Literally heard 2 friends (one from JP Morgan and another from Bridgewater) saying that they have heard such rumors, neither of which with any hard proof to substantiate.
"1"
Prison island is about 1.5yrs into development on it for transport. Not a fully working platform just yet but it won’t be far away.
An EMP attack has been rumour for years now. I don’t see why when Chinese and Russian hackers have proven to be successful multiple times and way easier to do from their own country. China has hacked our transport, telco and major banks in the last 2.5yrs. We pissed China off over something and next minute our entire payment platform went down for 2 days. But the key part is in 2 days we fixed it and hasn’t happened since.
Agreed.. property tax is stupid commie shit. You're basically paying to exist on a small spot of dirt that you already initially payed for. wtf... Corruption to the highest degree.
We pay stamp duty here which is roughly 3.4% of property price at time of purchase. Median price is US850k I think which is US29k. If you move again, you pay 3.4% on the next purchase. It might sound ok but because you generally move it becomes crazy expensive. In a 5yr period we had 4 properties and have paid around US120k in stamp duty. Land is cheaper and we owned 2 blocks so it ended up being not too bad. The property we just built now would be around US95k in stamp duty at time of purchase.
It’s a lot of money upfront but it’s more palatable if you can live many years in that property. Our old people don’t lose their home due to taxes and so forth which is good.
-
If they had brought in fines for being unvaccinated (which was on the horizon), I was going to sign over everything I own to my gf, cancel my bank accounts, never pay the fines, basically be a stone from which no blood could be extracted, and see if I could wait it out or if I'd be obliged to leave the country.
If this happened, there would likely be less dramatic ways to avoid the vaccination. Not sure where you live, so I can't know this for sure. In the U.S. there are many ways in which people avoid required vaccinations that are not so drastic. For example, become or pretend to be a Christian Scientist.
https://www.christianscience.com/press-room/a-christian-science-perspective-on-vaccination-and-public-health
-
If this happened, there would likely be less dramatic ways to avoid the vaccination. Not sure where you live, so I can't know this for sure. In the U.S. there are many ways in which people avoid required vaccinations that are not so drastic. For example, become or pretend to be a Christian Scientist.
https://www.christianscience.com/press-room/a-christian-science-perspective-on-vaccination-and-public-health
In the context of the thread, I wanted to say there are terms of contract (home ownership) which were always in place, and I see that as distinct from 'new rules' which constitute a breach of contract.
Plenty of people in Australia were ordered to quarantine camps under penalty of fine. Some were just taken there, without option (by soldiers, no less). Fines for nonvaccination, as in Austria, were reasonably foreseeable so it seemed worthwhile having a plan in place. I wasn't going to a government camp, which is a good rule of thumb generally imo, and I wasn't going to legitimize the issuance of New Rules fines by paying them. Seizure of property typically follows nonpayment of fines.
I'm not a Christian Scientist and I don't have to tell lies to make my way in the world. Some do. I enjoy not having to. Evidence: I quit working for builders after construction industry vaccine mandates made it illegal for me to be on a building site, even if alone. I concentrated on renovation and addition contracts, which wasn't under mandate, and I'm making the best money of my life. Basically, I refused their mandates and got a big raise. Feels good.
-
Facial recognition in town on everything is coming.
Social media monitoring is coming.
Social score is coming.
It’s good you moved to the country (I did aswell). Significantly more freedom here.
Well, whatever. You'll never find me at a protest. It's not my right as a foreigner. If Aus becomes somewhere I don't like living then I just won't live here anymore.
I would have joined up to defend the place once, like against China, if necessary. Won't be doing that now tho.
No protest. No assistance.
-
Yeah, i'm over the taxation is theft mentality.
My problem is how much they keep increasing property taxes in certain areas.
When i lived in Houston i was paying more in property taxes per year than my house payment.
Imagine paying $15k a year for the rest of your life and it increases up to $1k per year. That's just straight tax. Then i have to pay water usage/access fees, gas usage/access/meter fees, $65 a month for "trash/recycle service". I'm forced to pay the trash/recycle fee by law, when i can haul it to the transfer station myself for about $3 in gas a month. And it all goes up every year as well, while the services get worse and worse. It's all bullshit to me.
Now living in rural NM i pay $1700 in property taxes per "year" for a house that is more expensive. And the services i get in the rural area where i live far exceed what i've ever seen in a big City. We have our own dump location about 1 mile away and handle it ourselves. Some people complain, but if you do want trash service at your house, they give the "option" to pay for it.
That's my beef with it and why so many people are leaving the big city. I will never live there again.
Fuck that. No wonder you got out of there.
Honestly, I just hate having neighbors. I don't want some dude right next door to me, people all around. "Mornin', Billy." Every fucking day. Hell no.
I like going outside with my coffee, piss in the garden, rip a fart sounds like a barge coming through, etc. Not one moment of consideration wasted for Susie Homemaker next door with her genteel sensibilities.
Difference between a good neighbor and a bad one is about 3 football fields.
I did some painting for an Indian guy here who said he grew up in Houston. (Best looking family I've ever seen. Dude, wife, 3 kids all models. I'm a strong 5, in lean shape, and I felt like Uncle Fester around these people.) Sold his newly painted place here moved everyone to Houston, called me a year later to do some more work. Said he came back to Aus because Houston had turned into a damn slum, everyone hated it and felt unsafe. That was before BLM too.
-
Fuck that. No wonder you got out of there.
Honestly, I just hate having neighbors. I don't want some dude right next door to me, people all around. "Mornin', Billy." Every fucking day. Hell no.
I like going outside with my coffee, piss in the garden, rip a fart sounds like a barge coming through, etc. Not one moment of consideration wasted for Susie Homemaker next door with her genteel sensibilities.
Difference between a good neighbor and a bad one is about 3 football fields.
I generally dislike people, not everyone, but like 90% of them.
I grew up on a farm and i always felt weird living in a subdivision with people 15 feet away from me. My last house in Houston my neighbor was a nice guy but bothered the shit out of me all the time. Would just pop his head over the fence and talk to me. Or walk into my garage when i was in there working on something.
Now i live on a few acres and my nearest neighbor is about 75 yards away, and there is a nice line of trees along the entire perimeter of my property. I can walk around naked if i want to. They say if you can't piss off your porch without being seen, your neighbors are too close. ;D
I'll never move back to a major city. Life in the country is great and i don't mind a commute.
I'm saving over $25k a year just by living in an unincorporated area and i love it. Low taxes, water/gas is cheap, have a septic system and i don't pay for HOA or anything else.
-
I generally dislike people, not everyone, but like 90% of them.
I grew up on a farm and i always felt weird living in a subdivision with people 15 feet away from me. My last house in Houston my neighbor was a nice guy but bothered the shit out of me all the time. Would just pop his head over the fence and talk to me. Or walk into my garage when i was in there working on something.
Now i live on a few acres and my nearest neighbor is about 75 yards away, and there is a nice line of trees along the entire perimeter of my property. I can walk around naked if i want to. They say if you can't piss off your porch without being seen, your neighbors are too close. ;D
I'll never move back to a major city. Life in the country is great and i don't mind a commute.
I'm saving over $25k a year just by living in an unincorporated area and i love it. Low taxes, water/gas is cheap, have a septic system and i don't pay for HOA or anything else.
Yes, yes, & yes.
If I had to gripe, I've got retired bored old men on neighboring properties and they'll "pop over for a chat" when they hear me out on the quad, but it's only a few times a year. Like you, I'm sociable enough when it's social time, but hate being interrupted when I'm in the middle of shit. I don't need any of that Tim Allen/Wilson jazz.
I had a nightmare neighbor when I was in suburbia. I had to send her a letter from a lawyer. Cured me for good. Others reported she was a nuisance as well, so it wasn't just me that was the issue.
Got plenty of crazy of my own, to be sure, and look forward to indulging it with the space I've got. Can't beat room to be a nut.
-
I generally dislike people, not everyone, but like 90% of them.
I grew up on a farm and i always felt weird living in a subdivision with people 15 feet away from me. My last house in Houston my neighbor was a nice guy but bothered the shit out of me all the time. Would just pop his head over the fence and talk to me. Or walk into my garage when i was in there working on something.
Now i live on a few acres and my nearest neighbor is about 75 yards away, and there is a nice line of trees along the entire perimeter of my property. I can walk around naked if i want to. They say if you can't piss off your porch without being seen, your neighbors are too close. ;D
I'll never move back to a major city. Life in the country is great and i don't mind a commute.
I'm saving over $25k a year just by living in an unincorporated area and i love it. Low taxes, water/gas is cheap, have a septic system and i don't pay for HOA or anything else.
I agree with all of this. Will never live in a city again.
-
I generally dislike people, not everyone, but like 90% of them.
I grew up on a farm and i always felt weird living in a subdivision with people 15 feet away from me. My last house in Houston my neighbor was a nice guy but bothered the shit out of me all the time. Would just pop his head over the fence and talk to me. Or walk into my garage when i was in there working on something.
Now i live on a few acres and my nearest neighbor is about 75 yards away, and there is a nice line of trees along the entire perimeter of my property. I can walk around naked if i want to. They say if you can't piss off your porch without being seen, your neighbors are too close. ;D
I'll never move back to a major city. Life in the country is great and i don't mind a commute.
I'm saving over $25k a year just by living in an unincorporated area and i love it. Low taxes, water/gas is cheap, have a septic system and i don't pay for HOA or anything else.
when you writre "like" when it isnt required it doesnt make your point properly, that reads that you like 90% of people
-
the term one bad apple spoils the box is true
If you have a team of highly skilled efficient workers you dont put some deadbeat with them hoping the deadbeat will up his game.
What happens is the others see the dead beat doing fuck all and drop down to their level
Thats basic psychology
You cant expect people who dont know how to behave to take notice of people setting a good example.
Good people end up going bad.
The default position for humans is chaos, it takes effort to be good
Correct
What do you get when you add 1 gallon of dirty water to 99 gallons of clean water….
-
Facial recognition in town on everything is coming.
Social media monitoring is coming.
Social score is coming.
It’s good you moved to the country (I did aswell). Significantly more freedom here.
Climate lockdowns are coming
-
In the context of the thread, I wanted to say there are terms of contract (home ownership) which were always in place, and I see that as distinct from 'new rules' which constitute a breach of contract.
Plenty of people in Australia were ordered to quarantine camps under penalty of fine. Some were just taken there, without option (by soldiers, no less). Fines for nonvaccination, as in Austria, were reasonably foreseeable so it seemed worthwhile having a plan in place. I wasn't going to a government camp, which is a good rule of thumb generally imo, and I wasn't going to legitimize the issuance of New Rules fines by paying them. Seizure of property typically follows nonpayment of fines.
I'm not a Christian Scientist and I don't have to tell lies to make my way in the world. Some do. I enjoy not having to. Evidence: I quit working for builders after construction industry vaccine mandates made it illegal for me to be on a building site, even if alone. I concentrated on renovation and addition contracts, which wasn't under mandate, and I'm making the best money of my life. Basically, I refused their mandates and got a big raise. Feels good.
Way to go Tape.....good on you my friend.
-
In the context of the thread, I wanted to say there are terms of contract (home ownership) which were always in place, and I see that as distinct from 'new rules' which constitute a breach of contract.
Plenty of people in Australia were ordered to quarantine camps under penalty of fine. Some were just taken there, without option (by soldiers, no less). Fines for nonvaccination, as in Austria, were reasonably foreseeable so it seemed worthwhile having a plan in place. I wasn't going to a government camp, which is a good rule of thumb generally imo, and I wasn't going to legitimize the issuance of New Rules fines by paying them. Seizure of property typically follows nonpayment of fines.
I'm not a Christian Scientist and I don't have to tell lies to make my way in the world. Some do. I enjoy not having to. Evidence: I quit working for builders after construction industry vaccine mandates made it illegal for me to be on a building site, even if alone. I concentrated on renovation and addition contracts, which wasn't under mandate, and I'm making the best money of my life. Basically, I refused their mandates and got a big raise. Feels good.
My stepdad was self-employed as a painting contractor. The opportunity to make better money was a strong motivator over working for other contractors which he only did for a short while prior to working for himself. He never went back to working for someone else, aside from working for his customers, and he could be selective about who he'd accept as a customer. When someone was a pain in the ass to work for, he'd would finish the job and then turn down their requests for future bids.
Some people in Oregon complained bitterly over the Governor's mandates. Compared to Australia they were nothing. There has never been a mandate in Oregon requiring the general population get the COVID vaccines. The governor did mandate vaccines for government employees, but exceptions were allowed. There are no quarantine camps here. People who got COVID were advised to quarantine for a given period.
Masks were mandated in some situations. Enforcement of those mandates was spotty at best. What I've noticed is that a lot of folks here continue to wear masks in public. I think this is because it is a personal choice and not a mandate. People tend to resist being told they must do something. Recommendations are better received than mandates.
-
Climate lockdowns are coming
It will be even easier to lock us down when we all have electric cars.
-
It will be even easier to lock us down when we all have electric cars.
True.
You seen what happens to Tesla owners when the batteries pack it in? The car is 100% locked down unless they take it back to Tesla.
Now add in a social score system as your mechanism for locking you down…… some here are gunna think twice before saying not nice things to Primemuscle if it means they can’t travel anywhere for a month.
-
Way to go Tape.....good on you my friend.
Thanks, Wes. I'm salty as hell and ready for round 2. There's no stopping this express train to Libertyville!
-
My stepdad was self-employed as a painting contractor. The opportunity to make better money was a strong motivator over working for other contractors which he only did for a short while prior to working for himself. He never went back to working for someone else, aside from working for his customers, and he could be selective about who he'd accept as a customer. When someone was a pain in the ass to work for, he'd would finish the job and then turn down their requests for future bids.
Some people in Oregon complained bitterly over the Governor's mandates. Compared to Australia they were nothing. There has never been a mandate in Oregon requiring the general population get the COVID vaccines. The governor did mandate vaccines for government employees, but exceptions were allowed. There are no quarantine camps here. People who got COVID were advised to quarantine for a given period.
Masks were mandated in some situations. Enforcement of those mandates was spotty at best. What I've noticed is that a lot of folks here continue to wear masks in public. I think this is because it is a personal choice and not a mandate. People tend to resist being told they must do something. Recommendations are better received than mandates.
When someone tells you to do as they say or else they'll hurt you, the correct and healthy response is resistance. We're supposed to question authority. Keep the bastards honest. People who don't have a problem with authority are the problem with humanity. See footnote: Human history.
I'm the only one I know who did better financially after not complying. I keep that pretty quiet irl. A lot of people had a real rough time here.
-
Thanks, Wes. I'm salty as hell and ready for round 2. There's no stopping this express train to Libertyville!
Go for it my old friend.
-
True.
You seen what happens to Tesla owners when the batteries pack it in? The car is 100% locked down unless they take it back to Tesla.
Now add in a social score system as your mechanism for locking you down…… some here are gunna think twice before saying not nice things to Primemuscle if it means they can’t travel anywhere for a month.
not only that, its easy to cut of the electric to an area, and if you have a Smart meter they can restrict or shut down your home at the flick of a switch
-
It will be even easier to lock us down when we all have electric cars.
also why electric companies across the us have and continue to install "smart meters" that can be read and turned off remotely without sending a tech
-
When someone tells you to do as they say or else they'll hurt you, the correct and healthy response is resistance. We're supposed to question authority. Keep the bastards honest. People who don't have a problem with authority are the problem with humanity. See footnote: Human history.
100%.
Think for yourself, question authority.
-
In the context of the thread, I wanted to say there are terms of contract (home ownership) which were always in place, and I see that as distinct from 'new rules' which constitute a breach of contract.
Plenty of people in Australia were ordered to quarantine camps under penalty of fine. Some were just taken there, without option (by soldiers, no less). Fines for nonvaccination, as in Austria, were reasonably foreseeable so it seemed worthwhile having a plan in place. I wasn't going to a government camp, which is a good rule of thumb generally imo, and I wasn't going to legitimize the issuance of New Rules fines by paying them. Seizure of property typically follows nonpayment of fines.
I'm not a Christian Scientist and I don't have to tell lies to make my way in the world. Some do. I enjoy not having to. Evidence: I quit working for builders after construction industry vaccine mandates made it illegal for me to be on a building site, even if alone. I concentrated on renovation and addition contracts, which wasn't under mandate, and I'm making the best money of my life. Basically, I refused their mandates and got a big raise. Feels good.
Great to hear mate. Fuck site work private so much better
-
Great to hear mate. Fuck site work private so much better
Cheers, bro. Hope things are going ok over there. I'm hearing wild stories from Brits about price spikes. One guy told me his brother's cabinetry shop electricity went from 2000/month to 12,000 per month. And that was that. Guy is out of business.
Fwiw I reckon a 'double barrel stove' is the best quick & cheap option for wood heating if you can collect firewood. Hillbilly as fuck but it'll put out heat.
(https://external-content.duckduckgo.com/iu/?u=https%3A%2F%2Ftse1.mm.bing.net%2Fth%3Fid%3DOIP.KLL2oFK96NBV9nOVNGztMwHaI3%26pid%3DApi&f=1)
I had a Christmas in Sunderland with my ex's family. Cold walk to the pub.
-
It will be even easier to lock us down when we all have electric cars.
How so?
-
How so?
Turn off your power and your stuck.
No gas car with a full tank and spare gas cans to get you somewhere else.
-
Thanks, Wes. I'm salty as hell and ready for round 2. There's no stopping this express train to Libertyville!
Round 2 is coming like a freight train and the majority are absolutely clueless. Good on you and your property, I highly recommend a wood stove and plenty of wood for this winter. I was one of Pfizers lead Sr. Refrigeration mechanics and knew in late 2019 we were going to be making a vaccine, things didn't come together until about March of 2020 and I absolutely knew this was BS and planned, I left very soon after I became awake, I had been there for 20 years and was making some good money, but with my trade and knowledge Ive ended up way better off, plus I am out from that corporate indoctrination. This is all 100% about Digital ID/Passports/Digital currency/ digital proof of vaccination, I will not comply. If ever there was a time in human history for people to say NO, well its too late for the ones that took this jab. I could never live with myself being so fucking weak to take something into my body for a stupid job.
-
Turn off your power and your stuck.
No gas car with a full tank and spare gas cans to get you somewhere else.
By the time everyone is driving electric cars most folks will be able to generate some electricity off the grid. Half the houses in my neighborhood have added solar panels. In addition, battery operated generators are already available. As they become more powerful, folks will charge these up to store electricity that they can use after dark when solar panels don't work.
Does this all seem like impossible science fiction? It wasn't that long ago; personal cell phones did not exist. I remember using 'walkie talkies' and pagers at work.
Handheld mobile phone 1983
(http://img.timeinc.net/time/photoessays/2010/100_gadgets/communication/motorola_dynatac.jpg)
Next came flip phones 1996 - we thought they were pretty snazzy.
The iPhone 1 came out in 2007
Soon to follow in 2008 was the first android smart phone.
More and more people were already working from home prior to the pandemic. Now, I think we are seeing a little backlash from this with companies requiring employees to work at least part of their time in the 'office'. Office space is expensive and not as necessary as it once was. In the very near future jobs which can be done remotely will become the norm rather than the exception. Currently, a person can pretty much never leave home and still get everything they need. Groceries and other commodities. Currently virtual doctor appointments are becoming more and more common. Many young people are already being educated from home via online schools and home schooling.
Anyway, my point is the world continues to change much more rapidly than we think it is. Concerns about electric vehicles is probably a waste of time and energy because it’s going to happen whether we like it or not.
I chair a board of directors. We meet monthly, I have maybe run two three meetings in person. All the rest have been via Zoom. A couple of the Board members prefer to show up in person, and that's fine. But, body language and other nuisances of communications are just as good, if not better via Zoom. Being hearing impaired, I prefer Zoom meetings because I miss less of what is being talked about because I am wearing headphones. Another advantage is folks don't 'talk over' others as much... you rarely get several people talking at once and there are very few side discussions.
-
By the time everyone is driving electric cars most folks will be able to generate some electricity off the grid. Half the houses in my neighborhood have added solar panels. In addition, battery operated generators are already available. As they become more powerful, folks will charge these up to store electricity that they can use after dark when solar panels don't work.
You have absolutely no idea what you are talking about.
-
By the time everyone is driving electric cars most folks will be able to generate some electricity off the grid. Half the houses in my neighborhood have added solar panels. In addition, battery operated generators are already available. As they become more powerful, folks will charge these up to store electricity that they can use after dark when solar panels don't work.
Does this all seem like impossible science fiction? It wasn't that long ago; personal cell phones did not exist. I remember using 'walkie talkies' and pagers at work.
Handheld mobile phone 1983
(http://img.timeinc.net/time/photoessays/2010/100_gadgets/communication/motorola_dynatac.jpg)
Next came flip phones 1996 - we thought they were pretty snazzy.
The iPhone 1 came out in 2007
Soon to follow in 2008 was the first android smart phone.
More and more people were already working from home prior to the pandemic. Now, I think we are seeing a little backlash from this with companies requiring employees to work at least part of their time in the 'office'. Office space is expensive and not as necessary as it once was. In the very near future jobs which can be done remotely will become the norm rather than the exception. Currently, a person can pretty much never leave home and still get everything they need. Groceries and other commodities. Currently virtual doctor appointments are becoming more and more common. Many young people are already being educated from home via online schools and home schooling.
Anyway, my point is the world continues to change much more rapidly than we think it is. Concerns about electric vehicles is probably a waste of time and energy because it’s going to happen whether we like it or not.
I chair a board of directors. We meet monthly, I have maybe run two three meetings in person. All the rest have been via Zoom. A couple of the Board members prefer to show up in person, and that's fine. But, body language and other nuisances of communications are just as good, if not better via Zoom. Being hearing impaired, I prefer Zoom meetings because I miss less of what is being talked about because I am wearing headphones. Another advantage is folks don't 'talk over' others as much... you rarely get several people talking at once and there are very few side discussions.
they dont work if the mains power is cut off, they are powered by the grid
-
I'm no fan of the oil companies. As I stood there paying $2.30/l when I used to pay $1.15/l, I realized I'd pay $10/l, or $50/l
I will pay anything they say. They own me. I don't like that.
So electric competition is fine by me. More competition is better. I won't be rushing out to buy one myself, and I'm not down with any gov requirements. If the technology is good, it'll sell itself.
Deja vu. Proponents won't hear a word against it and any criticism means you're a maga foilhatter. Opponents say it'll lead to tyranny. ('They' can turn off your car right now unless you drive a non-computer dinosaur.) Claims of absolute certainty all around. It's ok to be agnostic.
If you're against electric, chill. The oil companies aren't going anywhere and governments can't legislate market forces.
-
It's not just Big Brother turning off your juice.
What if a natural disaster strikes suddenly (earthquake) and shuts off the electric grid?
Your solar panels need electric from the grid to work and just about everyones are net metered which means they do not work independent of the grid.
-
they dont work if the mains power is cut off, they are powered by the grid
Really?
How to Use Solar Panels During a Power Outage
Locate the switch to disconnect your system from the grid. ...
Locate the solar power breakers in or near the main breaker box, and flip it to the on position.
It may take time for your inverter to be fully charged and ready.
Your system will then be operational.
https://www.currenthome.com/blog/how-to-use-solar-panels-during-a-power-outage/
-
It's not just Big Brother turning off your juice.
What if a natural disaster strikes suddenly (earthquake) and shuts off the electric grid?
Your solar panels need electric from the grid to work and just about everyones are net metered which means they do not work independent of the grid.
https://www.currenthome.com/blog/how-to-use-solar-panels-during-a-power-outage/
-
Really?
How to Use Solar Panels During a Power Outage
Locate the switch to disconnect your system from the grid. ...
Locate the solar power breakers in or near the main breaker box, and flip it to the on position.
It may take time for your inverter to be fully charged and ready.
Your system will then be operational.
https://www.currenthome.com/blog/how-to-use-solar-panels-during-a-power-outage/
Once you have a backup battery system in place, you will be able to use solar panels during a power outage.
Does this mean you need a battery backup in an outage?
Few people have battery backup. It's quite expensive.
-
Once you have a backup battery system in place, you will be able to use solar panels during a power outage.
Does this mean you need a battery backup in an outage?
Few people have battery backup. It's quite expensive.
So, I've heard. As more and more people buy them, they will probably go down in price. Currently, they start at around $11K installed. The initial set up is expensive. It will take most of us a very long time to use enough electricity from our power company to make this seem worthwhile.
Reminds me of when I had a new water heater installed because the old one was nearing the projected end of its life. I swapped out the traditional gas tank-style to a gas fired on demand unit. Can't remember the total cost to do this but it was probably 2 to 3 times that of a traditional water heater. If it saves anything off the gas utility bill, I've not noticed it. Since it never runs out of hot water, I imagine we are given to taking longer showers, which negates any possible savings. One immediate improvement was that it freed up some space in the utility room. LOL.
Change will happen whether we like it or not. There will be those who will hang on to what is familiar and believe is superior to anything ‘newfangled’. A friend of mine has old cars from the 60’s through the 70’s. He had 5 of them the last time I checked. His favorites are his mid-70s Chrysler Imperials, both of which suck up a lot of fuel. He’s a wizard at auto mechanics, so the maintenance doesn’t cost him what it would cost other folks… if he can continue to find parts for these antique dinosaurs.
He rebuilt an ‘83 diesel Peugeot 505-STI that some friends of his let overheat, wrecking the engine. It was his first time working on a diesel. I fronted the cost for parts in exchange for the car. He didn’t want it. He just wanted to have the experience of rebuilding a diesel. It was probably the most comfortable car I've ever had, but Peugeot stopped importing to the U.S. so the cost of parts went through the roof... when you could get them. I traded it in for a VW Jetta in ’94 which was nowhere near as luxurious as the Peugeot, but it came with a new car warranty and when that ran out, parts and maintenance were affordable.