XPost: talk.politics.guns, alt.politics, alt.fan.rush-limbaugh
On 2023-12-11, Paul Ragna <
tpragna@gmail.com> wrote:
More 'exciting news' from team Biden and Bidenomics!
"Average Monthly Mortgage Payment Explodes to $3,322 In Bidens America"
<https://www.breitbart.com/economy/2023/12/11/nolte-average-monthly-
mortgage-payment-explodes-3322-bidens-america/>
"The average monthly mortgage payment in Joe Bidens America has soared
to $3,322, per analysis from the Wall Street Journal.
That $3,322 is nearly double the average monthly mortgage payment when
His Fraudulency assumed office. When former President Trump left office,
the average monthly mortgage payment was $1,787."
"Homeownership has become a pipe dream for more Americans, writes the WSJ, even those who could afford to buy just a few years ago.
Many would-be buyers were already feeling stretched thin by home prices that shot quickly higher in the pandemic, but at least mortgage rates
were low, the report adds. Now that they are high, many people are just giving up."
"But lets remember who these people are who are looking to enter the housing market young people. And who do young people vote for overwhelmingly? Democrats. And so, allow me to welcome you to todays edition of People Getting What They Vote For:
It is now less affordable than any time in recent history to buy a home,
and the math isnt changing any time soon. Home prices arent expected to go back to prepandemic levels. The Federal Reserve, which started raising rates aggressively early last year to curb inflation, hasnt shown much interest in cutting them. Mortgage rates slipped to about 7% last week,
the lowest in several months, but they are still more than double what
they were two years ago.
This is good news for me. The wife and I purchased our home in 1997. Afterward, we worked hard and saved harder to pay it off by 2003. Ever
since weve been saving our money for retirement, and now that we are Of
A Certain Age where its no longer wise to try to ride out stock market downturns, we have taken advantage of these gloriously high interest
rates Democrats voted for. Our money is now nice and safe and snug in an interest-bearing account working its butt off for us. Thanks, Unhoused Zoomers!"
"Oh, but YOU cant buy a home because you voted for a Democrat. Cry more.
Those obnoxiously high mortgage payments are not only due to the
Bidenflation caused by His Fraudulencys lunatic government spending.
There are other factors
For those of you who vote Democrat and are currently pissing away all
your money on rent because you cant afford a home, riddle me this: What happens to the housing market when a president throws open our southern border to millions and millions of illegal aliens who need a place to
live? Think hard now
Could it be that when you have a finite amount of something people want and then flood the country with millions more
people who want it
? Yes, thats right, dummies, the cost of that
Something People Want explodes and that Something People Want becomes scarcer. And now you want it and cant get it because youre a dummy.
The second factor is this
Democrats hate single-family homes. This is
why they use Climate Change to justify blocking the construction of new homes. Democrats want us all packed in cities in massive government
housing complexes. By the way, they make no secret of this.
The final factor is this
This is all by design, dummies. Democrats know lunatic government spending creates lunatic inflation and that lunatic inflation destroys purchasing power and creates high interest rates that
make it impossible for the middle class to purchase a home. Democrats
also know that when you flood a country already dealing with a housing
crisis caused by enviro-lies with millions of illegals, housing costs explode.
Democrats dont want you to own anything, especially a house. The mantra
is, Youll own nothing and be happy. This also means you will never accrue wealth because the middle and working class can only accrue wealth through home ownership. And when I say wealth, I dont mean rich. Believe me, as hard and smart as my wife and I have worked, no one would consider us rich. But we do have a nest egg for retirement that will make
us more comfortable than Social Security.
By design, the Democrat party and their pals in multinational
corporations make out like bandits in a non-ownership society. You are dependent on the government and until the day you die, and you are
eternally making monthly payments for your home (wake up, dummies), your
car, your music, your movies, your TV programming, your radio, your
computer operating system, and whatever other demonic subscription
service they can rope you into (coffee! meals! makeup! car washes!
perfume! veterinary care!).
So keep voting Democrat, dummies. Its no skin off my nose. Im set. And Im enjoying this 5.5 percent guaranteed annual interest rate almost as
much as my toldjasos.
Almost.
"
Welcome to the start of the 2 class system.
The super rich elite and the rest of us.
That being said, when I purchased my first home the interest rate was around 16%. I had to borrow
from my parents to come up with the down payment.
Of course houses were much less expensive back then.
I paid about $95k for a 3 bedroom brand new custom built house.
I no longer live there, but the house is now worth $600k or more. Assuming they can find a buyer.
It's crazy. The house doesn't even have a basement but is built on a slab and with builder grade
materials.
And with the rents way sky high as well, young people cannot rent and save money for the American
dream.
It's way out of reach.
Very sad.
--
pothead
Tommy Chong For President 2024.
Crazy Joe Biden Is A Demented Imbecile.
Impeach Joe Biden 2022.
--- SoupGate-Win32 v1.05
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