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Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
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[quote:Larry D. Croc:MV81MjkyMTQ1Xzk3NTQzMzgwX0NDNTc2N0Qw] [quote:Anonymous Coward 84806378:MV81MjkyMTQ1Xzk3NTQzMjIxXzQwN0RENUZC] [quote:Anonymous Coward 81447247:MV81MjkyMTQ1Xzk3NTQyNzIzXzEwMDQxMTU5] [quote:Anonymous Coward 84806378:MV81MjkyMTQ1Xzk3NTQyNjk4XzY1RTA3QjJE] [quote:BLACK GHOST:MV81MjkyMTQ1Xzk3NTM1OTcyXzNGMUQxQzI5] I think a lot of the problems would be alleviated if we didn't allow homes to be speculative assets. Renting/Landlords shouldn't exist. Homes should be HOMES. Shelter. But I'm just a dreamer... [/quote] Only rentals should those two to four story flat top multi family homes where the landlord is ON THE PREMISES. They exist. [/quote] So if someone wants to rent out a single family home, in your little dictatorship, you wouldn’t allow them to- why? [/quote] Because it ruins the neighborhood and it becomes a flophouse for lowlifes. And they don’t pay taxes when their kids use the township school system, and everyone else’s taxes have to be raised. [/quote] That's not true. The property owner continues to pay the property taxes which are usually figured into the rent paid. If the tenant doesn't pay the rent? Makes no difference, the property owner is still on the hook. Whatever gave you the idea that "they don't pay the taxes when their kids use the township school system"? Keep in mind that people who are retired or those that have no kids are also paying for the local school system. [/quote]
Original Message
Say you want to buy a house. Should only people that have enough cash be able to buy?
If you don’t like fiat or crypto, do you think everyone should have hundreds of thousands of dollars worth of PM in their homes? I go to buy a house and I need $500,000 worth of gold and I am just going to hand it all to the seller? Who is then going to just trust it’s all real gold?
If you don’t believe in lending and interest, are you a commie that wants other people’s money for nothing? Why should a random stranger give you their money to use for free?
Seems like there is a segment of people who are anti anything financial (because they are financially illiterate) yet don’t have any realistic solutions on how things would work otherwise.
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