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***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"

 
Anonymous Coward
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10/15/2013 03:33 PM
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
The one major, if hypothetical, question is whether evicted section 8 tenants will burn down their dwellings on the way out, or if scheming landlords will beat them to it for the insurance money.

Either way, this would impact insurance companies in staggering ways.
 Quoting: goodmockingbird


Very good point. There's massive implications in more ways then we can currently imagine.
Hard Eight

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10/15/2013 03:34 PM
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
The one major, if hypothetical, question is whether evicted section 8 tenants will burn down their dwellings on the way out, or if scheming landlords will beat them to it for the insurance money.

Either way, this would impact insurance companies in staggering ways.
 Quoting: goodmockingbird


Im telling ya, way to clean up welfare is to require drug tests. Im shocked that they took so long to propose. It would cut off over half of all recipients, Im sure. Half are needy and good people so it hurts me to hear anyone hating the poor. But anyways, I cleaned up some houses for a short with a company between looking for new jobs when I was a young man and heres what I saw

Dog shit all over the floor and carpets, Letting their dogs shit like land mines, cat pee, horrible stenches that you gag.

Drug syringes and porn magazines strewn everywhere with expensive kids toys. It looks like they treat their kids ok between binges

Mad people who are kicked out will do damage, I have seen sewer pipes dug out and exposed and then blugeoned, bags of trash thrown into the septic tank, sledge hammers taken to the walls and one of them was a otherwise beautiful home

They were so pissed they took a sledgehammer to it and smashed every wall they could.

 Quoting: Anonymous Coward 48330773

Was it these two? obonnana
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Jool

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10/15/2013 03:35 PM
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
The Sec. 8 apartment complex too near to me is responsible for most of the crime in a 10 sq. mile area. Murder, shootings, robbery, etc. More often than not, the criminals aren't even listed on the lease agreement. Cops are around there pretty much 24/7.

People truly in need, and society in general, shouldn't have to put up with that scum.
 Quoting: Hard Eight


clappa
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goodmockingbird  (OP)

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10/15/2013 03:58 PM
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
New Orleans already had a "glitch" in their October Section 8 funding, allegedly on account of the shutdown:

[link to www.nola.com]

Lots of those glitches going around lately
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Anonymous Coward
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10/15/2013 04:06 PM
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
Maybe that's what those US concentration camps are for
 Quoting: MONSTER


Agreed, that's what I have been thinking the past couple of days.

Things are going to get rocky in my area, while we are lower middle class, within 1 to 2 miles of where I live there are multiple Section 8 housing apartments filled primarily with Katrina refugees. I honestly wish they would just go the fuck back to their own state. We were a nice quiet Texas town till they got here. Since 2005, crime rates in my area have risen dramatically.
Anonymous Coward
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10/15/2013 04:08 PM
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
keep in mind that many of the section 8 rentals are mortgaged...so with no rent, the tenant is kicked, the landlord cant pay his mortgage, and the bank forecloses....maybe the banks are behind this too, who knows.
 Quoting: Anonymous Coward 24061376


Why in tarnation would the bank want some piece of crap house that the evicted section 8 "renters" will have completely trashed on their way out???

Banks really do not want to have any reposessed houses on their hands. They sure as heck do not want houses that are in bad neighborhoods PLUS totally trashed. They're a nightmarish liability instead of an asset.
 Quoting: goodmockingbird


to a bank everything is an asset... screw the houses... they still "own" the land they were built on
Anonymous Coward
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10/15/2013 04:19 PM
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
pardon me and all that, but GOOD! Let these bums pay their own rent. How did this situation even develop? I went homeless for years, and during that time I saw occasional TV or newspaper coverage of people receiving spanking new townhomes (in Chicago, as one example) which they soon ruined. I was the wrong skin colour and had a car to live in instead of a dumpster to shoot drugs in, so I didn't qualify. It's a disgrace to all those who work to pay rent, or just go without. I don't feel sorry for these people at all. Go get a job. If that isn't enough, go get two jobs. If that still isn't enough, make things, sell them at swap meets, wash cars, whatever. Early Americans had to practise this principle.
 Quoting: Jack The Zipper 48404959


When they closed down Cabrini Green? That was stupid, it was obvious at the time, the problem was contained and they spread it all over the city into formerly fine areas.

Nobody was forced to live in Cabrini Green. You could always rent an apartment elsewhere. But it would not be provided free!

A hiccup in Section 8 is good. Landlords shouldn't be relying so much on it, and in some places landlords are not allowed to discriminate against money from Section 8 ("source of income legislation") If there's a credit problem with it though, a risk of nonpayment, then I am sure landlords can choose not to accept THAT.
Anonymous Coward
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10/15/2013 04:24 PM
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
while everything looks good...behind the scenes it is looking bad.

in 2003 at the start of the Iraq invasion...interest rates began to rise...that is the top...selling off bonds...and buying equities.

That is how it works.

the poor slave to inflate everything...and then when they have reached their maximum potential...the top can see this and bails.

it's the normal cycle that has been running for decades...

but by 2005...the rates killed the 1991-2005 new home real estate boom.

and it collapsed...all the line signers run out.

the resources ran out...but because home building is seasonal...it took a year to reach the next low point 2006

and break down...into 2007 where the collapse into 2008 accelerated.

since the data by 2007 was unmistakable...and those closest began to bail and the banks were merging and such.

Lehman was a controlled demolition.

that collapse was staged...the bank was loaded up with all the bad debt and collapsed.

and the story about lending to people that could not pay it back was concocted...

The problem was not lending to people that could not pay it back.

the problem was....the supply of people to lend money to.

had collapsed...

that is the supply of inflation to the multiplier effect or the banking system.

wheich began to collapse.

the g 20 in 2008 has all the puppet leaders go back and implement the greatest global economic intervention in history.

then the top covered...and then they promoted the recovery.

and from 2009...until August 2013...the markets have been going up.

The rich...the haves....have all their money tied up in the markets.

Yield rates have been dropping for 32 years.

that means that the demand is greater than the supply and the only way to make up the difference is with volume.

that is where the line signers come in.

they began drying up in 2005 and they have not returned.

so it's game over.


all that have been doing for the past 5 years is buying time.

getting distance...while slowly strangling you all.

little pokes...all along.

and now the republicans and democrats have been manipulated into a position of deadlock due to the passing of the affordable health care act.

which was nothing more than a Trojan horse.

It was designed to blow up and cause this.

the timing of the implementation...after the election going into 2014.

It will just cause massive chaos...that the real powers that be will hide behind while you all watch you elected puppets make fools of them selves and you.

it's all designed to get you all to the point where you flip out.

which will cause all the baby seals of society to scream for order from the chaos of the clubbers.

supplying the top with the reason to supply the demand of the baby seals.

That is why there has been the promotion of democracy.

In rule of LAW.

1+1=2

In democracy.

you can not like 2...and might like 3 as the answer.

and you will fight to change 2 to 3.

but in a republic...you can not.

but in a democracy...which is rule of the mob.

if the majority decides that 3 is a better answer than 2.

then 1+1=3

that is the affordable healthcare act.

it's so complex you can not even figure it out to see if it is even workable.

basically this act became law...and it's broken...and now you all are being whipped trying to implement a plan that is broken from square one.

You have all be set up and fooled.

and now being slowly walked off the plank.
 Quoting: Hypertiger


I noticed things change very quickly after 9/11 happened, and just continued downhill. The first clue was the coupons. I was always on limited funds and was an avid couponer - double coupons, even better. Well, shortly after 9/11, the coupons began to really decline, they got smaller, then they slowly got to be less and less for real "food" and more for other junk like personal care products, air fresheners, household cleaners, makeup, stuff that won't feed anyone, or appetizers for parties, etc. Then the stores stopped offering double coupons, and so on. I can only afford to buy what is marked down on sale now, or shop for some foods at the 99c store of discount grocery, etc. Don't get food stamps, so have to just get by.
Anonymous Coward
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10/15/2013 04:25 PM
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
The entire Section 8 program should be re-evaluated!

Now might be the time.

I too want low cost/free rent, everyone does!

So why just the few?

How about placing a time limit on Section 8
that is less than forever so that other can
benefit from having low cost rent?

 Quoting: Anonymous Coward 30358350


^^THIS!^^
Great idea, really!
Anonymous Coward
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10/15/2013 04:27 PM
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
“We had some funds that were flowing, but starting Nov. 1, however, we will not have those funds,” Gornstein said. “We will not be able to make payments to landlords, so what could happen is landlords may start the eviction process."

...
“But after October, there’s no guarantees,” Kane said. “If they don’t get money, landlords might find they’re not getting payments…. If the shutdown continues more than another week or two, we could be talking about mass displacement of millions of low-income tenants in a few weeks.”

[link to www.masslive.com]
 Quoting: goodmockingbird


Holy carp. Thank you so much for posting this. My husband and I were heatedly discussing this last night. He thinks I am crazy, nothing is happening or going to happen and also works for the Housing Authority. He believes that the money that they get from HUD is PREFUNDED and, therefore, not at risk in case of default. I laughed at his naivete. I hope I am not saying I told you so come Nov. 1.
 Quoting: soccermomgonebad


Apparently different states administer the funds, and administer them in different ways. One state might prefund, another rely upon replenishment of federal funding.

scratching

I just got curious from the EBT threads here, and started looking up Section 8 funding stories, curious about how that segment of the poverty industry plays out.

Am not finding much, just these couple of very local articles. Nothing national.
 Quoting: goodmockingbird


I keep asking every night if they are freaking yet at work, but they seem kind of waiting like the rest of us. Of course, HUD has been closed around here due to shutdown, so they may not know until money doesn't show up next month.
 Quoting: soccermomgonebad


HUD is closed, glory hallelujah! Then they won't be able to spend Federal money to try to mess up my neighborhood.
Anonymous Coward
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10/15/2013 04:28 PM
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
The entire Section 8 program should be re-evaluated!

Now might be the time.

I too want low cost/free rent, everyone does!

So why just the few?

How about placing a time limit on Section 8
that is less than forever so that other can
benefit from having low cost rent?

 Quoting: Anonymous Coward 30358350


^^THIS!^^
Great idea, really!
 Quoting: Anonymous Coward 1020010


Yes, this.
Anonymous Coward
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10/15/2013 04:30 PM
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
“We had some funds that were flowing, but starting Nov. 1, however, we will not have those funds,” Gornstein said. “We will not be able to make payments to landlords, so what could happen is landlords may start the eviction process."

...
“But after October, there’s no guarantees,” Kane said. “If they don’t get money, landlords might find they’re not getting payments…. If the shutdown continues more than another week or two, we could be talking about mass displacement of millions of low-income tenants in a few weeks.”

[link to www.masslive.com]
 Quoting: goodmockingbird


When I was young and starting off, I was working, My family and I , one baby on the way,... was looking for a place to live. We inquired about section 8 and the choices were all dumps and bad neighborhoods. No way, no money was worth saving to raise ones kids in that

We chose a trailer park that was quiet, peaceful in the suburbs till my credit score was established and we moved our way up and out.

That was many, many years ago..

Its not all roses as you think it is, a lot of section 8 live in dumps. Imagine living in fear of gangs and rocks thrown at windows, cop cars at all hours of night, Not worth it.
 Quoting: Anonymous Coward 48330773


Section 8 can live in any housing that will accept their coupon here in Cali. I have numerous neighbors in my very nice apartment complex who are section 8. They love loud music, lol.
The Starbuckian

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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
Good thing the FEMA camps are up and running.
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Anonymous Coward
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
The Sec. 8 apartment complex too near to me is responsible for most of the crime in a 10 sq. mile area. Murder, shootings, robbery, etc. More often than not, the criminals aren't even listed on the lease agreement. Cops are around there pretty much 24/7.

People truly in need, and society in general, shouldn't have to put up with that scum.
 Quoting: Hard Eight


When I moved to the country two years ago, I complained about how boring it was and there's mice and rats, and bugs, and snakes. Now I see what's going on i want to move even farther out.
Anonymous Coward
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
rofl
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
Good thing the FEMA camps are up and running.
 Quoting: The Starbuckian


This
RelentlessDespot
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
“We had some funds that were flowing, but starting Nov. 1, however, we will not have those funds,” Gornstein said. “We will not be able to make payments to landlords, so what could happen is landlords may start the eviction process."

...
“But after October, there’s no guarantees,” Kane said. “If they don’t get money, landlords might find they’re not getting payments…. If the shutdown continues more than another week or two, we could be talking about mass displacement of millions of low-income tenants in a few weeks.”

[link to www.masslive.com]
 Quoting: goodmockingbird


The process takes months. I'm sure we have some landlords here on GLP who will chime in.
This is not an overnight thing.
I suspect every state is different.
Peace is a lie, there is only passion.
Through passion, I gain strength.
Through strength, I gain power.
Through power, I gain victory.
Through victory, my chains are broken.
The Force shall free me.

Or something
geminilion

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10/15/2013 04:39 PM
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
So now we're talking about not only losing food stamps but being evicted! This will ramp up the doom no doubt.
..."The soul is dyed the color of its thoughts. Think only on those things that are in line with your principles and can bear the light of day. The content of your character is your choice. Day by day, what you choose, what you think, and what you do is who you become. Your integrity is your destiny ... it is the light that guides your way."
Heraclitus
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
It's what they want. They want to create the biggest impact possible in order to get a rise out of the people so they can get their agenda through. Who's going to argue with 46 Million people on food stamps, who's going to argue with everyone on section 8 funding.

It's a nightmare scenario that these bastards are playing out in the white house and probably laughing while they are doing it.

Though, if the government doesn't control their spending it won't matter. The system is going to fail regardless.
geminilion

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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
“We had some funds that were flowing, but starting Nov. 1, however, we will not have those funds,” Gornstein said. “We will not be able to make payments to landlords, so what could happen is landlords may start the eviction process."

...
“But after October, there’s no guarantees,” Kane said. “If they don’t get money, landlords might find they’re not getting payments…. If the shutdown continues more than another week or two, we could be talking about mass displacement of millions of low-income tenants in a few weeks.”

[link to www.masslive.com]
 Quoting: goodmockingbird


It's not as if these people will be immediately thrown out, but the landlords will be owed money and not get it. I think some places make it pretty difficult to just throw a tenant out, so it'll be the landlords getting screwed...
 Quoting: Laura Bow


In NY it's 30 days notice. If no one comes up with the rent the Marshall comes and puts your stuff out on the sidewalk, happened to us when I was younger.

How sympathetic will landlords be? They have bills to pay and can't afford to have non paying tenants.
..."The soul is dyed the color of its thoughts. Think only on those things that are in line with your principles and can bear the light of day. The content of your character is your choice. Day by day, what you choose, what you think, and what you do is who you become. Your integrity is your destiny ... it is the light that guides your way."
Heraclitus
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10/15/2013 04:42 PM
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
“We had some funds that were flowing, but starting Nov. 1, however, we will not have those funds,” Gornstein said. “We will not be able to make payments to landlords, so what could happen is landlords may start the eviction process."

...
“But after October, there’s no guarantees,” Kane said. “If they don’t get money, landlords might find they’re not getting payments…. If the shutdown continues more than another week or two, we could be talking about mass displacement of millions of low-income tenants in a few weeks.”

[link to www.masslive.com]
 Quoting: goodmockingbird


Too god-damn few land lords in this nation.. 90% of the population themselves should be land lords.

LAND is the entire economic Key.. the Physical Ecomonic Science starts with the LAND.

Once the USA was called the LAND of Opportunity... now we have more than 100,000,000 American's that are either Renting, or Buying (but not yet fully Owning) their LAND and house or hovels. Owning a Morgage is a person who has LOANED out his money for another to use in evenutally owning their own LAND, hovel, or house.

We have been all conned by thinking to ourselves, "I Own My House" when that one is in fact Renter form the Mortgage companies to eventaully have brought the Land and House.. but its just Rent to Own.. Mortagages should be understood to be nothing more or less than Rent To Own... and that Rent To Own is not the same as Owning.

The entire Real eState business is as corrupt as Congress and the Federal Reserve System and Wall St.
RD47
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
'Section 8' housing is destroying my neighborhood in south Scottsdale Az.. 'You can take the ____er out of the ghetto, but you can't take the ghetto out of the ____er'. They bring all there crap with them.

neener2
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
“We had some funds that were flowing, but starting Nov. 1, however, we will not have those funds,” Gornstein said. “We will not be able to make payments to landlords, so what could happen is landlords may start the eviction process."

...
“But after October, there’s no guarantees,” Kane said. “If they don’t get money, landlords might find they’re not getting payments…. If the shutdown continues more than another week or two, we could be talking about mass displacement of millions of low-income tenants in a few weeks.”

[link to www.masslive.com]
 Quoting: goodmockingbird


The process takes months. I'm sure we have some landlords here on GLP who will chime in.
This is not an overnight thing.
I suspect every state is different.
 Quoting: RelentlessDespot


I have rented property and it can take 3 o 4 months to legaly evict someone if they fight it.
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
“We had some funds that were flowing, but starting Nov. 1, however, we will not have those funds,” Gornstein said. “We will not be able to make payments to landlords, so what could happen is landlords may start the eviction process."

...
“But after October, there’s no guarantees,” Kane said. “If they don’t get money, landlords might find they’re not getting payments…. If the shutdown continues more than another week or two, we could be talking about mass displacement of millions of low-income tenants in a few weeks.”

[link to www.masslive.com]
 Quoting: goodmockingbird


It's not as if these people will be immediately thrown out, but the landlords will be owed money and not get it. I think some places make it pretty difficult to just throw a tenant out, so it'll be the landlords getting screwed...
 Quoting: Laura Bow


The landlords are the ones that are going to be in trouble. Most have mortgages on these houses. They have families to feed also. They're screwed if the Sec 8 money dries up. Rental portfolios at banks and credit unions all over the country will be deliquent...not good.
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
“We had some funds that were flowing, but starting Nov. 1, however, we will not have those funds,” Gornstein said. “We will not be able to make payments to landlords, so what could happen is landlords may start the eviction process."

...
“But after October, there’s no guarantees,” Kane said. “If they don’t get money, landlords might find they’re not getting payments…. If the shutdown continues more than another week or two, we could be talking about mass displacement of millions of low-income tenants in a few weeks.”

[link to www.masslive.com]
 Quoting: goodmockingbird


damned
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
BUTTT...they will have cell phones. Thank you Obama

cruise
bump
 Quoting: End Times Alan Grant


WRONG. You need to thank BUSH instead.


[link to www.examiner.com]
geminilion

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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
Aren't a lot of people under Section 8 considered "mentally ill?" That's part of the reason the program exists, right? To make sure these people have a place to live.

So what's going to happen? We are going to have a very large number of emotionally-disturbed people suddenly left homeless. Being somewhat "disturbed" myself (I have a bipolar II diagnosis), I also know what it's like to be homeless under such conditions: it drives you more insane.

So yeah, I believe it's all part of a plot to bring martial law into effect. Stupid, stupid, stupid!

I say: make every politician live with severely-limited funds (i.e. low-to-middle income wages). Let them know what's it's like to live paycheck-to-paycheck, let them be examples to the American people by first giving up their own wealth.

De-fund useless programs, stop engaging in wars, stop throwing money away and start teaching people how to live by their own means!
 Quoting: Anonymous Coward 47267697


Mentally ill, physically disabled and the elderly of course but there's a huge part of the population that is declared low income and have section 8.

My neighbor has a nice apt. and pays peanuts. Of course she bitches and complains all the time even no in my eyes she has it pretty easy.
..."The soul is dyed the color of its thoughts. Think only on those things that are in line with your principles and can bear the light of day. The content of your character is your choice. Day by day, what you choose, what you think, and what you do is who you become. Your integrity is your destiny ... it is the light that guides your way."
Heraclitus
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
“We had some funds that were flowing, but starting Nov. 1, however, we will not have those funds,” Gornstein said. “We will not be able to make payments to landlords, so what could happen is landlords may start the eviction process."

...
“But after October, there’s no guarantees,” Kane said. “If they don’t get money, landlords might find they’re not getting payments…. If the shutdown continues more than another week or two, we could be talking about mass displacement of millions of low-income tenants in a few weeks.”

[link to www.masslive.com]
 Quoting: goodmockingbird


good. this is awesome. take away their food stamps too, these people should be dead soon enough.

fucking socialist scum.
 Quoting: Anonymous Coward 48355034


your a sociopath. Deep down you know that, don't you?
Anonymous Coward
User ID: 47039989
United States
10/15/2013 04:55 PM
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
pardon me and all that, but GOOD! Let these bums pay their own rent. How did this situation even develop? I went homeless for years, and during that time I saw occasional TV or newspaper coverage of people receiving spanking new townhomes (in Chicago, as one example) which they soon ruined. I was the wrong skin colour and had a car to live in instead of a dumpster to shoot drugs in, so I didn't qualify. It's a disgrace to all those who work to pay rent, or just go without. I don't feel sorry for these people at all. Go get a job. If that isn't enough, go get two jobs. If that still isn't enough, make things, sell them at swap meets, wash cars, whatever. Early Americans had to practise this principle.
 Quoting: Jack The Zipper 48404959


You had a Car to Live In.. you were NOT HOMELESS, asshole.
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10/15/2013 04:55 PM
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Re: ***SECTION 8*** FUNDING to DRY UP NOV 1 -- "MASS DISPLACEMENT"
“We had some funds that were flowing, but starting Nov. 1, however, we will not have those funds,” Gornstein said. “We will not be able to make payments to landlords, so what could happen is landlords may start the eviction process."

...
“But after October, there’s no guarantees,” Kane said. “If they don’t get money, landlords might find they’re not getting payments…. If the shutdown continues more than another week or two, we could be talking about mass displacement of millions of low-income tenants in a few weeks.”

[link to www.masslive.com]
 Quoting: goodmockingbird


Too god-damn few land lords in this nation.. 90% of the population themselves should be land lords.

LAND is the entire economic Key.. the Physical Ecomonic Science starts with the LAND.

Once the USA was called the LAND of Opportunity... now we have more than 100,000,000 American's that are either Renting, or Buying (but not yet fully Owning) their LAND and house or hovels. Owning a Morgage is a person who has LOANED out his money for another to use in evenutally owning their own LAND, hovel, or house.

We have been all conned by thinking to ourselves, "I Own My House" when that one is in fact Renter form the Mortgage companies to eventaully have brought the Land and House.. but its just Rent to Own.. Mortagages should be understood to be nothing more or less than Rent To Own... and that Rent To Own is not the same as Owning.

The entire Real eState business is as corrupt as Congress and the Federal Reserve System and Wall St.
 Quoting: Anonymous Coward 47039989


iamwithscratching 1doh11rof1

What a Moran! If 90% of us were landlords, who the hell would we all rent to? There would only one renter for every nine landlords, idiot. Get a fucking brian!





GLP