To all you Americans who don't own a home

[estevie]

Re: Re: Re: Re: Re: Re: Re: Re: To all you Americans who don't own a home

The rest of your post is pure screed and bullshit and I'm not going to spend an second of time trying to disprove it.

No need. I think everyone got it. Well, except...

 

[JazzManJim]

Re: Re: Re: Re: Re: Re: Re: Re: Re: To all you Americans who don't own a home

No need. I think everyone got it. Well, except...

Thanks.

 

[phrodeau]

Originally posted by LovingTongue (edited)
I never fail to say things very clearly to people.
...
My writing skills are already fairly well established where it counts on Lit.
...
If you can't grasp it then please, get a dictionary and get properly acquainted with the words I'm using.

This guy's a riot!

Isn't it obvious why he hasn't found a roommate?

 

[Calamity Jane]

Your "battle plan" is nothing but excuses ... lame ones at that!

Give him some credit... he didn't mention cougars or coyotes once.

Funny thing is, all the things he listed that make the sticks a bad place to live, make it a great place to live to a whole lot of people. I kind of like the fact that WalMart is 30 minutes away and I don't have to listen to ambulance's at night. And that the cops only show up when you request their presence, and that's rare because neighbors are only a phone call away and most of them are armed.

One more benefti to living in the sticks... I'll never have LT as a neighbor.

Oh, and so many OTHER people want to live out here, that my property values have jumped almost 50% in 5 years, while taxes haven't increased heardly at all.

 

[RobDownSouth]

I have a sizeable side business as a landlord. I also buy and flip real estate (single family houses).

I work with four mortgage brokers. Their basic criteria for getting someone in a house is a lousy 580 FICO score for 100% financing (closing costs rolled into the loan) or a 55 FICO score for 95% financing.

I've had people that I would not RENT to buy my houses outright!

 

[Sailbad the Sinner]

Re: Re: Re: To all you Americans who don't own a home

Do you own a home? If not, why?

Edited: ok that wasn't a wisecrack... how much did your bank say you *needed* to put down and pay per month? I don't mean what you opted to put down and pay per month, I'm asking what the base requirements were. Second of all, would you want to undertake the purchase of a home while working in an industry that's hard hit by foreign outsourcing and layoffs, fully aware that your own company may or may not go under?

Didn't go through a bank on the first home, assumed the mortgage.

Used a bank on the second home. I believe the down required was 10%. The issue of a minimum monthly payment is based opon rate tables. The amount borrowed at what rate if interest for how many years. Base requirements other than cash would be good credit and some longevity on the job.

As to the second question, NO.

 

[JazzManJim]

I have a sizeable side business as a landlord. I also buy and flip real estate (single family houses).

I work with four mortgage brokers. Their basic criteria for getting someone in a house is a lousy 580 FICO score for 100% financing (closing costs rolled into the loan) or a 55 FICO score for 95% financing.

I've had people that I would not RENT to buy my houses outright!

Lord, man, THANK YOU!

I kiss your despicable liberal Democrat lips!

 

[April]

I haven't read anything more than the first and last pages of this thread and I don't care to.

Many people don't buy a home because they're not in one place long enough to, or they despise the place they're in. It has nothing to do with financial ability in those cases.

 

[Ishmael]

Lord, man, THANK YOU!

I kiss your despicable liberal Democrat lips!

$10 bucks says that that post won't make a damn bit of difference Jim. Wanna bet?

Ishmael

 

[JazzManJim]

$10 bucks says that that post won't make a damn bit of difference Jim. Wanna bet?

Oh I dunno. Maybe Throb'll let me kiss him.

 

[Ishmael]

Oh I dunno. Maybe Throb'll let me kiss him.

There is that! <grin>

Ishmael

 

[Sailbad the Sinner]

e) Your friends in the military get rent and medical care for free and they get to shop at the base exchange where the price of goods is even lower than Pak 'n Save or Wal Mart, and it's also all (for groceries) tax free. The rent and medical care alone amounts to around a $1000 savings per month. With that kind of money I could eventually jerk the market and/or come up with enough cash from a run to Vegas to own Literotica (and all your base) with it.

We used to call them bennies. I lived in the barracks. My barracks were written up in the Overseas Weekly as being the worst in Europe. Windows were broken and the plumbing was rotted and leaking. We had no hot water for the better part of a year. That brings up the second bennie, medical care. Maybe it was because of no hot water for showers that I got sick. After being misdiagnosed for three days and almost dead they finally figured out the problem. They put me in an army hospital and gave me the wrong antibiotic. I refused to die. A month later and 47 pounds lighter I was released. You forgot the third bennie, free food. Beef was grade B, grade C is for dog food.
I ate C rations that were five to seven years beyond the expiration date. Had a treat once in a while, LRP rations, they were the first freeze dried. One mistake and you had a broken tooth. Back to medical, I almost forgot the free dentistry. Army dentists did so well by me that I wound up going to VA dentists for well over a year. The pay rate was great, $264.60 a month. Have to qualify that, that was after two years and at my highest grade.

Have things changed since then? I'm sure, or am I?

I've no bitch, I was RA. I asked for it.

 

[JazzManJim]

There is that! <grin>

This is a sex site, after all.

 

[miles]

Ever see Mel Brooks movie "The Producers?"

Do you remember the looks on the faces of the audience after the opening act after the production number for "Springtime for Hitler?"

That's how we look after reading LT's posts.

 

[miles]

double

 

[Le Jacquelope]

$10 bucks says that that post won't make a damn bit of difference Jim. Wanna bet?

Ishmael

It doesn't make any difference for at least 30 million people who can't even afforda down payment on a house anywhere, California or not.

The level of denial needed to blindly assert that all, or even most people who don't own homes, actually don't desire to, is amazing but understandable.

Libertarianism is all about bending reality to fit theory.

 

[phrodeau]

It doesn't make any difference for at least 30 million people who can't even afforda down payment on a house anywhere, California or not.

The level of denial needed to blindly assert that all, or even most people who don't own homes, actually don't desire to, is amazing but understandable.

Libertarianism is all about bending reality to fit theory.

Considering there are over 53 million children under 18 in the US, that number is rather surprising.

 

[Ishmael]

It doesn't make any difference for at least 30 million people who can't even afforda down payment on a house anywhere, California or not.

The level of denial needed to blindly assert that all, or even most people who don't own homes, actually don't desire to, is amazing but understandable.

Libertarianism is all about bending reality to fit theory.

Didn't read the post, did ya? Idiot.

Ishmael

 

[smoke34]

The issue you fail to address is why these 30 million people you talk about who cannot afford a downpayment on a house anywhere? Mostly it is a matter of choice, either their choice now to spend their money on other things, or the result of choices they made that prevents them from being able to afford a downpayment on a home.

While you never quite get around to saying so, you imply that it is the working, productive people who do own houses fault because they don't somehow cough up even more tax dollars so it is possible for everyone to own a home. Am I supposed to lose sleep because someone with a 20,000 dollar a year income choses to marry, hove 3 or 4 kids and then cannot afford to buy a house? Would you sell a house to such a person who has already demonstrated their lack of common sense?

Not everyone wants to own a house, and not everyone will be able to afford to...

It doesn't make any difference for at least 30 million people who can't even afforda down payment on a house anywhere, California or not.

The level of denial needed to blindly assert that all, or even most people who don't own homes, actually don't desire to, is amazing but understandable.

Libertarianism is all about bending reality to fit theory.

 

[phrodeau]

Apparently LovingTongue thinks we should all get $200 for passing "Go", which would be more than enough to buy a house on Marvin Gardens.

 

[Le Jacquelope]

The issue you fail to address is why these 30 million people you talk about who cannot afford a downpayment on a house anywhere? Mostly it is a matter of choice, either their choice now to spend their money on other things, or the result of choices they made that prevents them from being able to afford a downpayment on a home.

How do you know it is mostly a matter of choice? That 30 mil I'm talking about is below the poverty line. They don't even earn enough in an entire year to make a downpayment if they spent their money on nothing at all, period.

There was once a website posted here that outlined the way in which the barest necessities financially overwhelm someone living at the poverty line. These facts are well known.

While you never quite get around to saying so, you imply that it is the working, productive people who do own houses fault

That's a major misconception. I never said anything of the sort. It has never been my ideology that any wealthy person is at fault for the financial shortcomings of others. I've said that everyone has a responsibility to one another. The two concepts are different from each other.

because they don't somehow cough up even more tax dollars so it is possible for everyone to own a home.

I never said they should cough up more money so everyone can own a home.

Am I supposed to lose sleep because someone with a 20,000 dollar a year income choses to marry, hove 3 or 4 kids and then cannot afford to buy a house? Would you sell a house to such a person who has already demonstrated their lack of common sense?

That stereotype is incorrect, you know that, right?

Not everyone wants to own a house, and not everyone will be able to afford to...

I'm addressing a misguided idiotic misperception that the general reason a person doesn't own a home, is because they don't want to or because they're lazy.

 

[Fawkin'Injun]

I have a sizeable side business as a landlord. I also buy and flip real estate (single family houses).

I work with four mortgage brokers. Their basic criteria for getting someone in a house is a lousy 580 FICO score for 100% financing (closing costs rolled into the loan) or a 55 FICO score for 95% financing.

I've had people that I would not RENT to buy my houses outright!

Right on, right on! I have had much the same experience. People rent are oftentimes just plain scary. I have renters now and every 9th day of the month, I have to call and ask where the rent is. I try to get them to set up a direct transfer from their bank to ours and all I get is the LT-ish, "I can't do that.."

 

[Fawkin'Injun]

"So why then are there so many Americans living below the poverty line? They're all stupid and lazy? And they don't vote Libertarian?" LT

Because our poverty line is significantly higher than say, Mexico's. Their poor don't have homes, cars, cell-phones, or a weight problem...

No, they vote Democrat.

 

[Fawkin'Injun]

e) Your friends in the military get rent and medical care for free and they get to shop at the base exchange where the price of goods is even lower than Pak 'n Save or Wal Mart, and it's also all (for groceries) tax free. The rent and medical care alone amounts to around a $1000 savings per month. With that kind of money I could eventually jerk the market and/or come up with enough cash from a run to Vegas to own Literotica (and all your base) with it.

We used to call them bennies. I lived in the barracks. My barracks were written up in the Overseas Weekly as being the worst in Europe. Windows were broken and the plumbing was rotted and leaking. We had no hot water for the better part of a year. That brings up the second bennie, medical care. Maybe it was because of no hot water for showers that I got sick. After being misdiagnosed for three days and almost dead they finally figured out the problem. They put me in an army hospital and gave me the wrong antibiotic. I refused to die. A month later and 47 pounds lighter I was released. You forgot the third bennie, free food. Beef was grade B, grade C is for dog food.
I ate C rations that were five to seven years beyond the expiration date. Had a treat once in a while, LRP rations, they were the first freeze dried. One mistake and you had a broken tooth. Back to medical, I almost forgot the free dentistry. Army dentists did so well by me that I wound up going to VA dentists for well over a year. The pay rate was great, $264.60 a month. Have to qualify that, that was after two years and at my highest grade.

Have things changed since then? I'm sure, or am I?

I've no bitch, I was RA. I asked for it.

I'm guessing you either served in the early 70's when I did, or during the Clinton years...

 

[Pookie]

Give him some credit... he didn't mention cougars or coyotes once.

Funny thing is, all the things he listed that make the sticks a bad place to live, make it a great place to live to a whole lot of people. I kind of like the fact that WalMart is 30 minutes away and I don't have to listen to ambulance's at night. And that the cops only show up when you request their presence, and that's rare because neighbors are only a phone call away and most of them are armed.

One more benefti to living in the sticks... I'll never have LT as a neighbor.

Oh, and so many OTHER people want to live out here, that my property values have jumped almost 50% in 5 years, while taxes haven't increased heardly at all.

My parents say they live close enough to the things they like and need, and far enough away from the things they truely dislike.

I loved growing up out in the country. Neighbors look after and watch out for each other. I bet my parents know our neighbors MUCH better than most parents in a city do.