greyfader
Well-known member
you guys got me thinking about the 1200 sq ft tract home my mother bought in fremont ca in 1963. she paid $19.500 for it and got a 4% VA loan because my step-father was career military. they sold that house in about 1980 for $350.000. today i checked the appraised value and it's now valued at $1,360,000.
i checked street view and there's a porsche and a tesla parked in the driveway.
making this small nondescript home on a 1/8 th of an acre lot completely out of reach for most blue-collar working people.
remember george carlin saying something to the effect that rich folks don't need to actually conspire because they all quietly understand that they are scratching one another's back's?
think about how building contractors, mortgage companies, and real estate companies are all quietly working together to drive up prices because it's highly beneficial for them to do so.
this is another opportunity for the government or a group of well-intentioned billionaires, if there are any, to create non-profit companies that buy small pieces of land wherever they can find them and build modest but comfortable, well-equipped affordable homes that sell at a reasonable price that working-class folks can afford.
i said small pieces of land for a reason, if you build a huge subdivision of them all clustered up it will turn into another type of "project". the best way, i think, would be to build them isolated or in small groups so that they don't turn into another "one-stop" crime center.
i checked street view and there's a porsche and a tesla parked in the driveway.
making this small nondescript home on a 1/8 th of an acre lot completely out of reach for most blue-collar working people.
remember george carlin saying something to the effect that rich folks don't need to actually conspire because they all quietly understand that they are scratching one another's back's?
think about how building contractors, mortgage companies, and real estate companies are all quietly working together to drive up prices because it's highly beneficial for them to do so.
this is another opportunity for the government or a group of well-intentioned billionaires, if there are any, to create non-profit companies that buy small pieces of land wherever they can find them and build modest but comfortable, well-equipped affordable homes that sell at a reasonable price that working-class folks can afford.
i said small pieces of land for a reason, if you build a huge subdivision of them all clustered up it will turn into another type of "project". the best way, i think, would be to build them isolated or in small groups so that they don't turn into another "one-stop" crime center.