patrick.net

Ironman says

Renters Now Rule Half of U.S. Cities

If SF is any indication, that won't help reduce rents. Tenants are pitifully easy to manipulate into opposing development. SF could have 2x more housing, and lower rents, but tenants oppose new construction. It's bizarre. It's like saying, 'the price of peanuts is too high, therefore we will prohibit bringing in more peanuts to meet the demand.' Well, duh, if you limit the supply, prices will increase so long as there is more demand. So, incredibly dysfunctional tenants begin vandalizing and reducing the quality of life in order to drive out the demand. I am not kidding. I've seen graffiti claiming various groups "hate techies." Why? It's as phony as the threats against synagogues, but the vandals hope to drive out techies and thus reduce demand so prices will fall. I'd really prefer to have more techies and fewer deranged vagrants, but that would require allowing more construction, so many in SF seem to prefer the deranged vagrants.

Ironman says

Because they can. The issue is many people don't save any money, so they'll never have what's needed for a down payment and closing costs. Plus, they don't pay their current bills, so they have shitty credit, so their only option is to rent.

My daughter-in-law sells real estate and she tells me she's getting more and more people looking to buy houses, but their credit scores are in the 500's. There's not a bank in the country that will give those people a mortgage.

Really?? What the hell do you have to do (or not do in this case) to have a credit score in the 500's???

If you can't be responsible with your credit, you will not be responsible with your home and it's finances. You will be doomed to rent until you grow up.
I have a wonderful tenant who has perfect credit and makes $150K+ but she just can't seem to save up enough for a down payment. What do you do?

.....crickets.....

rando says

Lol, the point about income is wrong. That's all. It does not explain black violence.

what does? Does it start with a "C"?

BoomAndBustCycle says

So what's your explanation?

Black people are extremely racist against white people. That's on average, not all blacks of course. That racism is the explanation for the daily targeted violence against white people.

If blacks have an excuse to be racist because of the actions of some white people in the past, then the reverse should also apply:

White people have an excuse to be racist against blacks based on the massive ongoing black violence against whites.

Of course most black people won't bother most white people and vice versa, but the situation at the margins explains things pretty damn clearly.

Based on this map, it looks like it will be crowded in Chile. What about Greenland?

Learn Spanish if you go to Chile.

Alaska to me looks boring unless you want to homestead and have a little house on the prairie lifestyle. Chile on the other hand looks nice, beautiful and a much better climate.

The Northwest? Plenty of water and climate change means Walla Walla becomes the next Napa.

deepcgi says

1959

I tried to confirm that photo but I haven't seen a source that says it was at the North Pole. To the contrary, contemporaneous accounts said the USS Skate had to break through heavy ice in order to become the first to surface at the North Pole, 1959-03-17, and the photo would have looked more like this:

Strategist says

I have a wonderful tenant who has perfect credit and makes $150K+ but she just can't seem to save up enough for a down payment.

Wow. Insanity.

I see it all the time though. Most of my coworkers finance everything. Cars, furniture, appliances, home repairs. Many make 130-170k and live payment to payment.

deepcgi says

The USS Skate at the ice-free North Pole in August 1958.

I tried to confirm that photo but I haven't seen a source that says it was at the North Pole. To the contrary, contemporaneous accounts said the USS Skate had to break through heavy ice in order to become the first to surface at the North Pole, 1959-03-17, and the photo would have looked more like this:

Slovakia! European much cheaper version of Switzerland. Affordable living, most beautifull women in the world, virtually no crime at all, mountains, snow, lakes, close to European metropolises. Safe - no one cares about Slovakia. The US dollar goes far there. My brothers wife makes like 1300 Euros per month and they are way upper middle class. He's a stay home dad. Women rule the country and are highly respected.

ironman, that's really sad man.

So much for the American Dream

-- I've issued an ultimatum to my boss: either he gives me a raise or I quit!
-- So, how did it go?
-- After long negotiations we reached a compromise: he will not give me a raise and I will stay on the job.

The harem of 12 to 14 year old girls will just be settled in to their chains and iron neck collars in the dungeon, and a 9.0 earthquake will grind them up into spaghetti, and you'll have to go out and abduct a whole new set. What a pain in the ass.

rando says

Total black murder of whites is about 3x the total white murder of blacks, but if blacks are only about 10% of the population, again blacks are about 30x more likely to murder whites that the reverse.

Oxygen molecules hit nitrogen molecules just as often as nitrogen molecules hit oxygen molecules. Yet they are only 20% of the population and nitrogen is 79%. They must be 4 times as violent. Maybe it's their religion. Clearly, they don't have any genes... or jeans.

Please please call this idiot's bluff.

Stay clear of Alaska. That's my fall back plan and I'm not sure I want to share it with you!
Far as war goes...nobody wants it and even fewer will fight over it. The population is mostly rednecks, greenies, and natives. The greenies will be SOL once their lawyer payday goes away. The natives know how to survive fucking anything. And the rednecks are going to improvise a defense against stragglers from shitty places like California. The food production is the one short spot, but with improving weather could be fixed. You see, Alaska gets damn near 24 hour sunlight in the summer, which makes the crops that survive there do extremely well. I've seen potatoe crops ready to harvest in two months and cabbages bigger than your beer belly. Carrots grow fucking huge as well, and other veg do well too. With a bit of global warming wheat and barley would be valid crops, and Alaska has the oil to run the heavy equipment to clear the land needed and farm it.
So, it would require a lot of coordination, but the state could become food independent if it had to. Moose would qualify as the local beef until the cow herds got up and going.
My brother lives on an island up there and a neighboring island had some Yahoo drop a dozen cows on it fifty years back. Now there's a sizable herd of feral cattle roaming the rainswept lands, and short of any predators they keep multiplying. He takes his boat over there to shoot one when his freezer gets low on beef. That's when it's not stuffed with crab and salmon.
So ya, stay clear of Alaska, go to Chile! We don't need no fat landlords with nothing but lawyer skills up there.

You really need to rethink this statement.
YesYNot says

Oxygen molecules hit nitrogen molecules just as often as nitrogen molecules hit oxygen molecules. Yet they are only 20% of the population and nitrogen is 79%

Is that when they do their first mall walkabout without Mom's credit card?

Ironman says

Most low-income families don’t rent by choice, said Nela Richardson, chief economist at Redfin.

This is the long lasting effect of the CRA:

• The majority (an estimated 56%) of families who lost homes were non-Hispanic and white, but
African-American and Latino families were disproportionately affected relative to their share of
mortgage originations.
• Among recent borrowers, we estimate that nearly 8% of both African Americans and Latinos
have lost their homes to foreclosures, compared to 4.5% of whites.
• The racial and ethnic disparities in these estimated foreclosure rates hold even after controlling for
differences in income patterns between demographic groups.

BoomAndBustCycle says

White man targets and kills black man with sword for fun....

Was he an illegal immigrant or a radical Islamic terrorist ?

If not, this story does nothing for me.

Tenpoundbass says

This is a nothing story

See ? TPB gets it.

Entitlemented says

• Among recent borrowers, we estimate that nearly 8% of both African Americans and Latinos

have lost their homes to foreclosures, compared to 4.5% of whites.

that's because white people made their payments while blacks and hispanics free loaded and got kicked out?

APOCALYPSEFUCK_is_ADORABLE says

whitefaceddogey says

Throw in some Albanian midgets and she'll fuck for 20 hours straight and never leave Trump Tower.

Can you talk to ESPN2 about this?

Tell them I'd subscribe again if I could watch sports programming like this.

I'm really not the one to give it a shot. And believe me it hurts to let you down. Besides, in all honestly, Marco from Trapoja just does basic 8-14 year olds in his midget sex stuff, and midgets don't have the goods, anatomically speaking, like the Serbs, for the broader commercial market you're looking for. You're talking a niche, boutique fetish and often it's a hard find. Talk to Thunder Lips if you want an in with the Milosevic, Karadzic, Mladic ethnic cleansing angle on underage porn. According to him there's nothing quite like sticking it to multiculturalism, immigration, and an underage vagina all at the same time, whether it's with a 12" cock or an AK47. I'd bet a fist full of dinar there are a ton of buxom brunette Serbian widows freed from the bonds of marriage by hubby's accidental polonium ingestion who played their part in "Biljana does Belgrade." For a more cultural angle check out his magnum opus "Palacinke and Pussy in Republic Square."

Looks like we need more tax cuts for the wealthy, and less healthcare coverage. I'm sure that will help people buy houses.

RealEstateIsBetterThanStocks says

that's because white people made their payments while blacks and hispanics free loaded and got kicked out?

Yes, the color of your skin determines all things in life. Other factors don't matter at all.

They needed 7 votes more in the house, last I heard. All sorts of new 'compromises' going into this bill at the moment.

The truth is, people are going to suffer more, regardless of the vote. It's also likely to be proportionally worse for Trump supporters themselves.

The only people Trumpcare is good for is wealthy people that are already on medicare that get a big tax cut. EVen Trump is smart enough to know that he's way better off politically sticking with OBamacare. He can tell his wealthy buddies that it's congress' fault. That way he doesn't get blamed for something worse.

SIngle payer is inevitable. How long do we have to wait for it ? I'll be on medicare long before it happens.

BlueSardine says

You really need to rethink this statement.

I don't want a Mulligan. Why don't you enlighten me.

Ironman says

Why

It would be fun to see what he does if they deliver a bill next week. Would he veto it?

YesYNot says

It would be fun to see what he does if they deliver a bill next week. Would he veto it?

Hahahaha. You mean you think he would actually know what was in it, or care enough, to veto? This is all about impressions to him.

The Repubs tune is going to be "See, Obama care is horrible! Look." ... as they let it fall apart and replace it with garbage. "So sorry. Obamacare was really awful wasn't it? Yes, yes. Well, we need to pass bucket three of the bill, then things will start to work. Believe me. Believe me."

You think this whole thing is a ruse to punt on health Care? If Congress is in on it, that could be smart on his part, I guess, if Obamacare does collapse with no support from gov.
Otoh, if they give him a bill next week, he is kind of stuck. If he vetoes, he has to own Obamacare​, and Congress can blame him. If he signs the bill, he will look weak. I don't know if his ego could take it.
I'm guessing he would sign it and claim a victory for being the guy who whipped everybody into line. But most people and the media would laugh at him, and that would put him into a deeper funk.

Ironman says

The dumbing down of the population is complete!!

Sadly, it is still going on.

I voted for Trump, but this is shitty legislation and should not pass.

Repeal that shit, not modify it.

It's a terd, and painfully obvious it's a fucking terd.

Seems like Obamacare isn't all that important to Trump after all

No.
This is a hurdle you need to jump over.

YesYNot says

BlueSardine says

You really need to rethink this statement.

I don't want a Mulligan. Why don't you enlighten me.

I feel bad for you.
Here's a hint.
https://books.google.com/books?id=LK_yCAAAQBAJ&pg=PA159&lpg=PA159&dq=probability+of+ball+A+touching+ball+b&source=bl&ots=ZvQQZTJip-&sig=o6jO-WIx3xAfgYDwa9hKiRHuxSw&hl=en&sa=X&ved=0ahUKEwiZ67LNnu_SAhWLw1QKHay2ChwQ6AEIPDAF#v=onepage&q=probability%20of%20ball%20A%20touching%20ball%20b&f=false

You are nobody if you don't own a million dollar crap shack.

As a whole, due to demographics, baby boomers had it pretty easy. Because they didn't save personally and publicly (public debt), that puts pressure on subsequent generations. The much bigger issue though is the with Gap. Millennials with upper income parents who save have it pretty good, while their less fortunate cohorts will have to learn to make do. Maybe that will give them the 'hunger in the belly' that people need to thrive.

Precedents are a bitch...

Ironman says

Rew says

You mean you think he would actually know what was in it, or care enough

You'd have thought that Trump and Ryan would have learned something from the passage of Obamacare.

I hope this does pass so Republicans can own it now. Would make for interesting mid-terms.