It is impossible to defend democratic rights or any of the social interests of working people without seizing the unearned wealth of the billionaire parasites.
You’re not really even in the same category as the idle rich. Like sure, you can sell your house and get a profit but you have to live somewhere. If you bought again a similar house in the same area you’d break even.
I’ve got a quarter million dollars in appreciated wealth from my home in five years, but that’s only useful to me if I want to take out a HELOC (with shitty ass rates) or move to someplace that sucks a lot worse.
Every other option would require me to become a landlord, in which case I would be part of the problem.
I’m looking to buy a better place and sure my place went up in value, but unless I want to also change locales I’m gonna have to fork over another wad of bills to get one.
It’s definitely not as bad as being a new market entrant with no capital and no existing investment, but it certainly isn’t the lighting up cigars with hundreds type of wealth you’re pretending it is.
Bollocks, billionaire propaganda. Less that 3,000 people collectively control more than 90% of the World’s wealth. It doesn’t pale in comparison to anything. You’re just a bootlicker, or contrarian, makes no difference. You’re still wrong.
What am I wrong about? You think the equity held by private honeowners is worth more than an infinite line of credit from JP Morgan and Chase Bank? You’re a moron.
What do regular home owners have to do with it? Most regular home owners only own one home.
I’ve made a million dollars in appreciation on my home in the last 15 years.
Are you telling me just because I own one home, that I’m not part of the problem?
You’re not really even in the same category as the idle rich. Like sure, you can sell your house and get a profit but you have to live somewhere. If you bought again a similar house in the same area you’d break even.
I’ve got a quarter million dollars in appreciated wealth from my home in five years, but that’s only useful to me if I want to take out a HELOC (with shitty ass rates) or move to someplace that sucks a lot worse.
Every other option would require me to become a landlord, in which case I would be part of the problem.
I’m looking to buy a better place and sure my place went up in value, but unless I want to also change locales I’m gonna have to fork over another wad of bills to get one.
It’s definitely not as bad as being a new market entrant with no capital and no existing investment, but it certainly isn’t the lighting up cigars with hundreds type of wealth you’re pretending it is.
Correct. I’m telling you that individuals owning a single home aren’t part of the problem.
Individuals voting to keep the value of their home from dropping down to reasonable levels ARE the problem. That’s almost all home owners.
Alright, I’m done indulging your stupidity.
No one mentioned regular home owners. Why are you making devisive comments not related to any point that were made?
Yes they did.
You’ll notice it wasn’t me though, so why am I being asked what somebody I’m actively disagreeing with means by “regular homeowners”?
Bollocks, billionaire propaganda. Less that 3,000 people collectively control more than 90% of the World’s wealth. It doesn’t pale in comparison to anything. You’re just a bootlicker, or contrarian, makes no difference. You’re still wrong.
What the actual fuck are you talking about?
Reading comprehension is not your strong suit. Practice more.
What am I wrong about? You think the equity held by private honeowners is worth more than an infinite line of credit from JP Morgan and Chase Bank? You’re a moron.
There’s that pesky reading comprehension again.
No one but the TLC was supporting corporate ownership of residential property.