HOME VALUE bUsH2 MR O RUMP JOE (Page 1/1)
ray b JAN 24, 03:55 PM
JUST THE MONEY

DID YOU HOME VALUE CHANGE

NO CULT BS

bought just before bUsH2 up then crashed in 08
mr O fell at first from the Gop hangover then slow steady rise 2nd term
trump mostly follow as before then cv-19 boost
joe doubled from 1/4 m or so to over a 1/2 m or more here older cbs 3/2
reports from all around the state about the same with local variations
theBDub JAN 24, 04:09 PM
This is really not a good metric. For one, home prices are up primarily due to lack of supply; zoning laws have been a mess for decades - this isn't partisan. Two, if home prices go up, and you want to move, you rarely benefit; you're paying for another inflated price, but now paying more realtor fees. Three, home prices rising means higher property taxes, which in states like Texas means people can be kicked out of their homes they used to be able to afford just because the government tells them their property is now worth more.

All that said, my current home value has risen 56% in the last 4 years, with the bulk of that being late 2020 and early 2021. Edit to add that my last home didn't move much, I think no more than 15% over a few years.

[This message has been edited by theBDub (edited 01-24-2024).]

williegoat JAN 24, 04:12 PM
But I like being in a cult. We get to drink Mezcal, sacrifice escorpiones and howl con los coyotes.
ray b JAN 24, 09:34 PM
IT DOES WORK IN REAL TIME

IN 08 it showed the BuSh2 results

and despite the Gop cults doom and gloom
it now show joe doing much much better
for the middle class perfect ? no
but better the the lying rump cult claims
ray b JAN 26, 09:53 AM
THE RUMP CULT NEVER USES METRIC'S

AS ANY INDEPENDENT MEASURES SHOWS THE LIES

HAS ANY ONES HOME VALUE DECLINED UNDER JOE'S WATCH ?

i DO NOT THINK MANY DID

SURE DID UNDER BuSh2

THEY LIE BUT NEVER CHECK
olejoedad JAN 26, 09:57 AM
Inflation is good, right rayb?

Pre-WW2 Germany experienced inflation too.
I wonder how that affected housing prices.
82-T/A [At Work] JAN 26, 10:12 AM

quote
Originally posted by ray b:

THE RUMP CULT NEVER USES METRIC'S

AS ANY INDEPENDENT MEASURES SHOWS THE LIES

HAS ANY ONES HOME VALUE DECLINED UNDER JOE'S WATCH ?

i DO NOT THINK MANY DID

SURE DID UNDER BuSh2

THEY LIE BUT NEVER CHECK




https://www.forbes.com/advi...te/home-prices-fall/

Idaho: -8%
Washington: -7.5%
Nevada: -5.6%
Montana: -5.3%
Utah: -4.3%
Arizona: -4.2%
California: -3.5%
Oregon: -3.1%
Colorado: -2.7%
South Dakota: -1.3%
New York: -0.3%
District of Columbia: -0.1%


Ray, I barely understand what you're trying to say up there. I'm not trying to be mean, but I don't understand half of what you put or why you're yelling it.

Either way, home values don't really make a lot of sense. They only really help the wealthy because we/they are the only ones who own multiple properties and can likely benefit from it. For someone who owns a single home, and... depending on what state you live in... it can have a dramatic effect on the property taxes. Increased home values also has an unbelievably negative affect on the poor and lower-middle class... or even the middle class who are renters. Case in point... the only home I have "homestead" exemption on is my home in Tampa. All the other properties I have are at the whim of the property appraiser, and they're re-appraised every single tax year. I pay about $13k in property taxes on my home in Fort Lauderdale, which I rent out. Just three years ago, the property taxes were ~$9,000... but because of all the Democrats fleeing California and New York, there's a shortage of houses. So what does this mean? It means that I've had to increase the rent for my tenants on that one house by $350 dollars a month... just to break even. For some people, an extra $350 a month is a very, very large increase in rent. Before you think I'm a bad person... I'm only charging them $3,250... but the going rate for the house in the neighborhood is $4,500 a month.

So, like I said... increased property values does not help the poor... it hurts them.
ray b JAN 26, 10:16 AM

quote
Originally posted by olejoedad:

Inflation is good, right rayb?

Pre-WW2 Germany experienced inflation too.
I wonder how that affected housing prices.



THEY TURNED TO RUBBLE BY 1945
AUTHORITARIAN'S TREND THAT WAY
ray b JAN 26, 11:32 AM

quote
Originally posted by 82-T/A [At Work]:


So, like I said... increased property values does not help the poor... it hurts them.



every thing hurts the poor

what has the rump ever done for the underclass ?
HE IS ONLY FOR THE 1%

my point was home value vs Gop BS about joe ABOUT THE MIDDLE CLASS
THE PEOPLE WHO OWN HOMES

BTW last year 2023 joe beat ANY OF THE 4 years of the rump for GDP GROWTH
82-T/A [At Work] JAN 26, 01:43 PM

quote
Originally posted by ray b:every thing hurts the poor

what has the rump ever done for the underclass ?
HE IS ONLY FOR THE 1%



U.S. Poverty Hit a Record Low Before the Pandemic Recession
"The share of Americans in poverty in 2019 declined and median incomes were the highest on record, a Census Bureau report showed."

https://www.nytimes.com/202...ior-to-pandemic.html