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It was just fine before Democrats decided to create all kinds of legislation that keeps development low to inflate housing.
Which legislation is that specifically?
SFace
@
2017 Mar 7, 8:09pm
"And if you just held through that time, you'd have been fine:"
The problem is, Homeowners owns all the stocks too.
FortWayne
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2017 Mar 7, 8:23pm
It was just fine before Democrats decided to create all kinds of legislation that keeps development low to inflate housing.
Which legislation is that specifically?
Housing regulation and zoning laws that prohibit density building, causing shortage of housing supply in many areas.
SFace
@
2017 Mar 7, 8:26pm
"It was just fine before Democrats decided to create all kinds of legislation that keeps development low to inflate housing. Which legislation is that specifically?Housing regulation and zoning laws that prohibit density building, causing shortage of housing supply in many areas."
Lawmakers are all old geezers that also owns home and their circle of friends own home. From that perspective, it does not matter what party affiliation it is. No one wants a big ass apartment complex near your hood.
AdamCarollaFan
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2017 Apr 5, 11:52am
buy a 200sf tiny house and put it in the backyard.
then rent your house out.
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I bought the house for $1M in 2009 in san mateo county. Now it is worth $1.75M. If I rent out the house I will get around $ 1,000 per month after all house related expenses (mortgage, property taxes etc). I am thinking I should move into a smaller apartment and save money over the next five years or so, to eventually have enough for making downpayment on a smaller town home. I will then stay in the smaller town home and continue renting out the original house.
I figure this will build wealth quickly as the rent money will pay for mortgage, property tax, etc while allowing me to accumulate an extra $1000 per month.
any thoughts suggestions.
#housing