1 year ago17 points(+0/-0/+17Score on mirror)2 children
The buying and selling the first 5 items doesn't involve a financial architecture which includes automatic reporting of all taxable income directly to ZOG. Eventually ((("""smart"""))) phones and digital currency might change that.
And with something like the house, (((the taxable income))) is all fake, you buy a house for a dollar value that depreciates and sell the house 12 years later for 4x the original price, receiving dollars that are worth 25% of what they were 12 years ago and ZOG takes a big bite out of the 300% profit you didn't make.
Seems like it can be interpreted either way, either ZOG is profiting by collecting increasingly worthless interest on increasingly worthless capital or it is profiting by printing the ZOGbux which make the capital and interest payments increasing worthless. Probably some of both I guess.
You buy a house for half a million dollars when the price of gold is $1000/oz and later sell the same house for a million when the price of gold is $2000/oz and ZOG charges you taxes on the half million dollar profit you didn't actually make.
Sounds nice in theory but in reality that 4x increase is more than inflation especially at higher income brackets soooooo it's a money printer for rich people
1 year ago7 points(+0/-0/+7Score on mirror)1 child
This is a fun meme and all, but home ownership is a never ending battle of maintenance against the elements that will destroy your house quickly if not addressed.
Don't forget the property taxes, leasing agent, closing agent fees and the capital gains taxes you pay on your "profit".
Add it all up, you break almost even with inflation.
I know boomers that have had their house since it was $400k, but they pay $13k a year in property tax. After 10 years... $130k in taxes... Their house sells for $900k... That's $45k in in brokerage fees. Then pay the income tax of 40%... Where's all that scalping now?
1 year ago4 points(+0/-0/+4Score on mirror)1 child
The big problem with the first example, tickets, is that the everyday Joe has zero chance in that market. Scalping "entrepreneurs" have digital access to tickets that rivals a High Frequency Trading network and can buy hundreds of tickets with half a second of them going on sale. This is why you'll wait up to the moment to buy a ticket and it's*instantly* sold out.
I guess at least with the rest a physical person has to be there throwing elbows to get it.
It kind of reminds me of the faggot ass fucking Boomers during the post-Sandy Hook ammo shortage.
For those who don't remember/were too young, said shortage was *completely artificial*. Nobody reduced making ammo. Obama didn't come take the bullets away.
Rather, a retarded and psychotic fear of DER GUN DUN GAWN TAH TERK MA GERNZ MUH SEKINT AMUNDERRRRRRRRRR made retards buy up all the ammo they could.
What ended up happening was that the retired Boomer fags would literally camp out at Walmart waiting for the truck to show up, then dump the *entire* shelf of ammo into their cart. They'd push the cart two feet outside, double the price, and demand people pay it. Since they had literally nothing else to do, they got all the stock before anyone else. Walmart barely raised prices at all (because the shortage was fake).
Because gun owners are *>frankly<* generally stupid as utter fuck, they absolutely kept buying into this scam until they finally ran out of money to piss away on an imaginary and totally artificial "shortage", leaving the Boomers with too much inventory, and the prices finally began to settle.
This lasted for two fucking years and even ammo like .22LR never really went back to where it was.
Basically, greedy (((capitalist))) gun owners did more to fuck over the gun community than Obama did in his entire 8 years. It's honestly surprising more people never talked about how fucking stupid the whole thing was.
It's a perfect example of why capitalism is shit without *intense* regulation. "Muh free market" doesn't apply. The ideal of capitalism is that everybody in the supply chain is providing goods and services. However, in the case of the ammo shortages, the Boomers all tried to justify it by saying it was 'muh free market' and acted like they were providing a service, yet, they contributed absolutely nothing to the supply chain. They didn't get the ammo to anyone faster, or it was better quality ammo, or anything. You just had to pay double because you had to pay double.
If that's the free market then the free market is for faggots. And it's why, to bring it back to OP's post, home ownership needs to be strictly regulated. Any kind of *non-human* entity should be forbidden from owning any kind of land that isn't some sort of industrial/commercial/agricultural in nature, and even those should be tightly controlled. People owning multiple houses as 'investments' get all their houses but one taken away (they aren't paid either, since that's their punishment for being jews).
1 year ago4 points(+0/-0/+4Score on mirror)2 children
There's actually absolutely nothing wrong with buying and reselling something for more. If something is able to be bought and resold for more then the initial selling price was wrong and/or there's a cost of holding the asset which may or may not simply be tied to inflation of the currency.
The real issue one should be questioning is why buying a house and reselling it for more even works? It works because of the constant pressure of increasing demand given immigration and the long period of time to construct a house to increase supply. If we didn't import in tons of immigrants then flipping houses wouldn't work the same way it does today. The solution isn't to stop house flippers, it's to stop immigration.
1 year ago4 points(+0/-0/+4Score on mirror)1 child
It's actually not unproductive. People who buy and sell add liquidity to the market and they are taking on a risk because they could be left holding the bag of an asset that actually depreciated in that period of time rather than appreciated.
Imagine you are normal family man who got a promotion but in a different city. You need to sell your house to move your family. If "scalpers" don't exist then perhaps you're forced to keep your house on the market to sell for 6 months but because of the existence of scalpers you manage to sell in 1 month. The scalpers are in fact helping you in this case because now you get a faster sale and don't need to pay mortgage interest expenses and or lose the time-value of your money tied up in the equity of the house.
Nothing about scalping is parasitic. You can simply not buy what they're selling if it isn't worth the price they're selling it for.
1 year ago2 points(+0/-0/+2Score on mirror)1 child
Depends what it is, rare items nobody really needs, sure go ahead and try your luck. Essentials like a house, fuck no. Everyone needs a place to live and houses should not be seen as investments which put people into lifelong debt. Build more houses, and build houses of all types in all price classes, not just crappy drywall McMansions.
This artificially created (((housing crisis))) have made a lot of people homeless and put even more into (((debt))). All while kikes are getting richer from (((interest))), (((inflation))) and (((rent))).
Anyone who can't afford a house doesn't need a place to live. You think I care about some White bastard child from some whore who fucked Chad criminal who can't find a home? You think I care about the niggers? You think I care about the children of greedy boomers who kicked the kids out at 18? Or the kids who left willingly at 18yo because they wanted to sleep around and living at home was a burden for that?
If you cannot afford a house, it's because you don't deserve one. This is of course assuming we aren't letting in immigrants and/or subsidizing affordable housing for niggers while taxing good White men for it, etc... Get the government out of housing entirely and then there's 0 issue whatsoever. Sorry but no not everyone needs a house to live some people shouldn't even be living and should just die.
1 year ago2 points(+0/-0/+2Score on mirror)1 child
> This is of course assuming we aren't letting in immigrants and/or subsidizing affordable housing for niggers whole taxing good White men for it, etc...
Don't forget (((weird zoning laws))), (((investment))) properties such as houses being purchased only to be rented out at usury rates and (((Blackrock))) hoarding houses just to artificially inflate prices.
All of this is happening in today's America, all by design and it's getting worse every day. Most homeless people used to be middle class working families, that's how bad it's become. (((They))) have deceived you on this one. Not every homeless person deserves to be homeless, that's retarded.
All problems tie back to eliminate the jew. Without kikes, I would stand by my words because I would never be priced out of a place to live. With kikes, things change but don't expect affordable housing laws to protect you with kikes still around. They'll change all laws to suit their ends.
Ironically, a lot of "weird zoning laws" are being done by liberal Whites to keep non-Whites/poors out under the guise of stupid liberalism.
There would be nothing wrong with "investment houses" if it were good White folk who owned them instead of foreigners. This is just another kike problem though. You can't solve the "housing problem" without solving the kike problem.
1 year ago2 points(+0/-0/+2Score on mirror)1 child
> All problems tie back to eliminate the jew. Without kikes, I would stand by my words because I would never be priced out of a place to live.
Correct, and this is exactly my point. Affordable housing, as in everyone being able to afford their own home through honest work. The Führer got unemployment down from insanely 50% to just 2% in a few years time. Simply by keeping the jew away from any position of authority.
> Ironically, a lot of "weird zoning laws" are being done by liberal Whites to keep non-Whites/poors out under the guise of stupid liberalism.
Yep, and as usual yet another jewish invention. This is nigger enabling infrastructure. By isolating yourself from niggers you allow niggers to live in your city, in their own neighborhood when the city should have remained fully connected, walkable and with nice stable curbs so that any nigger found can be dragged out and curb stomped.
> There would be nothing wrong with "investment houses" if it were good White folk who owned them instead of foreigners. This is just another kike problem though. You can't solve the "housing problem" without solving the kike problem.
More or less, if we only allow White people to own properties that would be a good start. And for another idea, skip property taxes on everyone's first house, only tax investment properties as those will generate money over time and to discourage hoarding for the sake of letting them sit and rot, which jews and pajeets typically do.
✡Boomers, Bankers, and Landlords✡ bought up all th' property when it was cheap and now they are trying to sell each one for over 200k, and they are getting mad that no one is willing to pay that much.
Fuck you, (((boomers))).
Fuck you for robbing your descendants of being able to own property and a bunch of other opportunities that you had.
Fuck you for proving bloodthirsty chink and gook maniacs like Mao Zedong and Pol Pot right.
1 year ago2 points(+0/-0/+2Score on mirror)1 child
Sometimes a sweet deal will land at your feet. It's up to you to take the opportunity. I made some good money on real-estate deals. Call it whatever you want. 🤷♂️
1 year ago6 points(+0/-0/+6Score on mirror)2 children
usually I see posts like this more as a reflection on the inability of the poster to move on a situation, I don't know any investors that would buy a flip without doing anything to it, we are always looking for the worst house in a good neighborhood and pouring resources and time into managing crews to mitigate years of abuse and neglect, hoarders, pet and pest damage and infestations, the list goes on and on.
The pearl clutching and denigrating situations or demanding the avoidance of tactics that are judged to be "jewish" is a large part of why we are losing. Our ancestors should have killed the jews, not let them take over finance and shopkeeping
If I could put fentanyl in the kosher food packing lines I would, I don't give a shit "Muh PoiSonInG iS a jEwisH tAcTic"
Why is anime more popular now? Almost every popular animes have dogshit wrighting and dogshit annoying dialog (even in Japanese) with the characters screaming at the top of their lungs 50% of the time
And with something like the house, (((the taxable income))) is all fake, you buy a house for a dollar value that depreciates and sell the house 12 years later for 4x the original price, receiving dollars that are worth 25% of what they were 12 years ago and ZOG takes a big bite out of the 300% profit you didn't make.
You buy a house for half a million dollars when the price of gold is $1000/oz and later sell the same house for a million when the price of gold is $2000/oz and ZOG charges you taxes on the half million dollar profit you didn't actually make.