User Panel
User Panel
User Panel
|
Posted: 8/26/2024 8:16:54 PM EDT
[#1]
Some of you think we have a free market.
|
|
|
|
TX, USA
|
Posted: 8/26/2024 8:18:41 PM EDT
[#2]
Quote HistoryOriginally Posted By King_Mud: Some of you think we have a free market. I'm more disturbed by the number of people who think government is the solution. 
|
|
|
|
Posted: 8/26/2024 8:19:57 PM EDT
[#3]
Quote HistoryOriginally Posted By Lieh-tzu: It most certainly does NOT stimulate the building of more houses. Quote HistoryOriginally Posted By Lieh-tzu: It most certainly does NOT stimulate the building of more houses. It certainly may, depending on whether or not its positive effect dominates over other negative effects. As you point out, there are factors that work against the increased prices stimulating an increase in supply, including: Originally Posted By Lieh-tzu: See zoning laws, construction costs, etc. And beyond that, I would point out the most very basic of factors - that real estate is a limited, finite resource. There is only so much land available. High demand in a given area cannot create more supply if there is simply no more land available on which to build in that area. |
|
|
|
|
Posted: 8/26/2024 8:22:28 PM EDT
[#4]
Quote HistoryOriginally Posted By tveddy: Should have to be american owned. That is all. Nothing prevents you from building a house Ummm, there are a ton of things preventing people from building a house... building codes... permitting... craftsmanship skills. |
|
|
|
GA, USA
|
Posted: 8/26/2024 8:23:13 PM EDT
[#5]
Quote HistoryOriginally Posted By 1Andy2: I'm more disturbed by the number of people who think government is the solution. The government can fix this. Just look at how well they do with everything else; USPS, the VA, ATF, FBI, EPA, student loans, social security, immigration, election transparency, health care. Everything they touch is gold. Please, lets get the government involved in deciding how many properties we can all own. |
|
|
MI, USA
|
Posted: 8/26/2024 8:24:05 PM EDT
[#6]
Quote HistoryOriginally Posted By 1Andy2: I'm more disturbed by the number of people who think government is the solution. Quote HistoryOriginally Posted By 1Andy2: Originally Posted By King_Mud: Some of you think we have a free market. I'm more disturbed by the number of people who think government is the solution. I don't see many people asking for more government, more like it's a shitty situation with no solution. |
|
|
|
Posted: 8/26/2024 8:24:18 PM EDT
[Last Edit: Firearmsenthusiast]
[#7]
Quote HistoryOriginally Posted By TheAmaazingCarl: Except it's NOT a free market. The money being used is in part or in whole stolen from the American people via the fed. If the banker in monopoly is stealing money and using it to buy homes to rent to you, or loaning you the money they stole at interest.... that IS NOT a free market. You are correct. Markets controlled by large participants are not free and thus need to be freed. We used to do this all the time back in the day. Revenuers, property developers, lawyers... we had a way of keeping markets free.  |
|
|
|
|
Posted: 8/26/2024 8:24:36 PM EDT
[#8]
Quote HistoryOriginally Posted By Some_Beach: Capitalism is scary I guess there is some capitalism in there somewhere between all the corporate and social welfare. I think I saw some a while back. |
|
|
|
|
Posted: 8/26/2024 8:27:15 PM EDT
[#9]
Quote HistoryOriginally Posted By Isenhelm: Individual people owning their homes, their homes being their private property is now a communist ideal? Corporate entities, global land lords should own the property and the citizens should be renter, landless peasants in their home nations? This is freedom? I have been a homeowner probably longer than you've been alive. I was a landlord for 30+ years. Somehow I managed without massive govt. interference. |
|
|
|
|
Posted: 8/26/2024 8:28:37 PM EDT
[#10]
Quote HistoryOriginally Posted By Network_Daddy: Yep. Pro capitalism when others are paying. Bail me out Gov't when they are losing. The market isn't free. I lost a yuuuuge amount of equity during the 2008 RE crash. Nobody bailed me out. Didn't ask to be bailed out. |
|
|
|
MI, USA
|
Posted: 8/26/2024 8:28:47 PM EDT
[#11]
Quote HistoryOriginally Posted By Lou_Daks: I have been a homeowner probably longer than you've been alive. I was a landlord for 30+ years. Somehow I managed without massive govt. interference. We know, you bring it up in every thread about housing... |
|
|
|
Posted: 8/26/2024 8:30:50 PM EDT
[#12]
Quote HistoryOriginally Posted By SS65: This guy understands what this is all about. Eliminate the freedom and security of home ownership. Turn everyone into perpetual renters. Destroy the middle class. By "everyone", do you mean just you, or literally "everyone"? I've been a homeowner for, oh, about 40 years. Nobody gave me sh*t. I earned all of it. |
|
|
|
|
Posted: 8/26/2024 8:30:55 PM EDT
[#13]
Quote HistoryOriginally Posted By staringback05: It's artificial...it's not some family that just outbids you, it's a multi billion dollar sometimes foreign company that hates you and hates capitalism No foreign power private or public should be allowed to own US property And no Blackstone should not be allowed to own 1000s of homes I've read Blackstone owns 46% of residential housing, by 2030 that figure will be 60%. No idea if its true |
|
|
|
|
Posted: 8/26/2024 8:31:43 PM EDT
[#14]
Quote HistoryOriginally Posted By Thirdstreetshooter: How many landlords lost their property when the government told the tenants they didn't have to pay rent? How many of those foreclosed properties were then bought up by the big money players? They used covid in more ways than one. A shitload of people lost their asses when .gov told people they didn't have to pay rent during covid. But that was cool. Stick it to The Man! |
|
|
|
|
Posted: 8/26/2024 8:32:38 PM EDT
[#15]
Quote HistoryOriginally Posted By sitdwnandhngon: Yes, it's sleazy, because they can afford to buy it up and hold it, and people need places to live no matter what. Not sure what the fix would be, but it is shitty. Whatever the problem, a giant govt. bureaucracy is generally NOT the solution. |
|
|
|
|
Posted: 8/26/2024 8:33:12 PM EDT
[#16]
Quote HistoryOriginally Posted By Lou_Daks: Are you comparing slave ownership to owning rental property? Quote HistoryOriginally Posted By Lou_Daks: Originally Posted By Isenhelm: It depends what kind of nation, civilization you want to have. If you want a few land barons ruling over a populace of peasants, serfs, slaves then yes. If you want any sort of free society, you would prohibit the "free market" just like it was limited from buying humans as slaves. Are you comparing slave ownership to owning rental property? Only if you rent out the slaves  |
|
|
|
|
Posted: 8/26/2024 8:35:03 PM EDT
[#17]
Quote HistoryOriginally Posted By Mojo_Jojo: Is it bad for people to: 1 - have too much money? 2 - have a house that is too big? 3 - have a farm/ranch that is too big? 4 - have a big boat? Where does this line of thinking stop??? Tax gun ownership above 1 gun at 1,000% of the value. You don't need more than one gun, prole. |
|
|
|
|
Posted: 8/26/2024 8:35:28 PM EDT
[#18]
Quote HistoryOriginally Posted By MikeJGA: Strange how many Communist are on AR15.com Are you new here? Lots of commies on arf.
|
|
|
|
|
Posted: 8/26/2024 8:36:19 PM EDT
[#19]
Quote HistoryOriginally Posted By Lieh-tzu:  It most certainly does NOT stimulate the building of more houses. See zoning laws, construction costs, etc. You don't have all the facts. See California for an extreme example of how housing prices and demand do NOTHING to stimulate increases in inventory, because it is just not a free market. Quote HistoryOriginally Posted By Lieh-tzu: Originally Posted By BillofRights: Interesting. If an investor buys new houses as rental properties, that stimulates the building of more houses. More houses on the market, means prices go down. Supply and Demand. Facts, not feelings. The huge surge in pricing is due to 1. Very low interest rates. They should have Never been that low. 2. Inflation (Dollar devaluation). 3. Rules and regulations which limit land development and make Everything more expensive. It most certainly does NOT stimulate the building of more houses. See zoning laws, construction costs, etc. You don't have all the facts. See California for an extreme example of how housing prices and demand do NOTHING to stimulate increases in inventory, because it is just not a free market. Yes I agree, Government is to blame for restricting supply, and therefore raising prices. I even listed it # 3. (Maybe should have made it # 1.) |
|
|
|
NH, USA
|
Posted: 8/26/2024 8:37:36 PM EDT
[#20]
This was somewhat feasible in a zero interest rate environment. With the rates that they are today, there is no way in hell they are making a profit.
As a solo investor doing all the repairs and maintenance myself, I’ve never seen a single family house rental that made financial sense. Only multi family buildings. Add in layers of management and waste, there’s not a fucking snowballs chance in hell ANY of these houses are making money. Fearmongering bullshit “blackrock gonna buy all the houses” |
|
|
|
Posted: 8/26/2024 8:37:51 PM EDT
[#21]
Quote HistoryOriginally Posted By 0311SKI: Government owns all property, and citizens must rent from them is bad. Company owns all property, and citizens must rent from them is good? Companies DON'T own all the property. That's just silly. MILIONS of people own their own homes. Nobody's forcing you to be a renter, except your own failure to buy a home. |
|
|
|
|
Posted: 8/26/2024 8:38:15 PM EDT
[#22]
Quote HistoryOriginally Posted By KoolOperator: AND owning a home is the foundation of the American dream. sounds like communism to me |
|
|
|
|
Posted: 8/26/2024 8:38:31 PM EDT
[#23]
Quote HistoryOriginally Posted By 1Andy2: I'm more disturbed by the number of people who think government is the solution. Boom. Head shot. |
|
|
|
|
Posted: 8/26/2024 8:39:52 PM EDT
[#24]
Quote HistoryOriginally Posted By 0311SKI: We know, you bring it up in every thread about housing... Should I not bring it up in order to assuage your feelz? |
|
|
|
|
Posted: 8/26/2024 8:39:58 PM EDT
[#25]
Quote HistoryOriginally Posted By zeekh: I've read Blackstone owns 46% of residential housing, by 2030 that figure will be 60%. No idea if its true Quote HistoryOriginally Posted By zeekh: Originally Posted By staringback05: It's artificial...it's not some family that just outbids you, it's a multi billion dollar sometimes foreign company that hates you and hates capitalism No foreign power private or public should be allowed to own US property And no Blackstone should not be allowed to own 1000s of homes I've read Blackstone owns 46% of residential housing, by 2030 that figure will be 60%. No idea if its true You shouldn’t post it if you aren’t reasonably sure it’s factual. 46% sounds unbelievably high. Post up the cites or at least where you read it. |
|
|
|
NH, USA
|
Posted: 8/26/2024 8:40:52 PM EDT
[#26]
Quote HistoryOriginally Posted By BillofRights: You shouldn’t post it if you aren’t reasonably sure it’s factual. 46% sounds unbelievably high. Post up the cites or at least where you read it. Maybe 0.0046% |
|
|
PA, USA
|
Posted: 8/26/2024 8:41:23 PM EDT
[#27]
what keeps you from buying a starter home yourself, i make money off the 2 homes that i lived in, they pay my mortgage on the home im living in
|
|
|
|
Posted: 8/26/2024 8:43:25 PM EDT
[#28]
Quote HistoryOriginally Posted By 0311SKI: Government owns all property, and citizens must rent from them is bad. Company owns all property, and citizens must rent from them is good? I know you're new here, but the answer is yes. Stick around for a while and you'll see. |
|
|
|
GA, USA
|
Posted: 8/26/2024 8:44:09 PM EDT
[#29]
Quote HistoryOriginally Posted By zeekh: I've read Blackstone owns 46% of residential housing, by 2030 that figure will be 60%. No idea if its true INORITE! And by 2012, the rising sea levels will have wiped out all of humanity. |
|
|
|
Posted: 8/26/2024 8:44:23 PM EDT
[#30]
Quote HistoryOriginally Posted By zeekh: I've read Blackstone owns 46% of residential housing, by 2030 that figure will be 60%. No idea if its true I'm calling BS on your stats. Link or BS. Blackstone own about 62k single family housing units. That's a literal drop in the bucket. There are 350 MILLION people in the U.S. https://www.fastcompany.com/91020630/housing-market-blackstone-single-family-portfolio-tricon-purchase Blackstone isn't even the largest, they are the 3rd largest. You guys crack me up. Blackstone is the debbil! |
|
|
|
USA
|
Posted: 8/26/2024 8:44:33 PM EDT
[#31]
Quote HistoryOriginally Posted By Lou_Daks: I have been a homeowner probably longer than you've been alive. I was a landlord for 30+ years. Somehow I managed without massive govt. interference. You aren't a hedge fund, I assume you aren't an entity of international investors or foreign governments buying up thousands of houses in any/every state. The individual or Mom n Pop landlord with a dozen duplexes, SFHs or apartment complex is not the topic and is also nowhere near the scale. Also they aren't going to get any sweetheart crony deals. |
|
|
MI, USA
|
Posted: 8/26/2024 8:45:15 PM EDT
[#32]
Quote HistoryOriginally Posted By Lou_Daks: Should I not bring it up in order to assuage your feelz? Lol, I wish you nothing but continued success... |
|
|
USA
|
Posted: 8/26/2024 8:46:04 PM EDT
[Last Edit: Jax_Guns]
[#33]
Quote HistoryOriginally Posted By JTX23: I guess there is some capitalism in there somewhere between all the corporate and social welfare. I think I saw some a while back. We do not have anything approaching a capitalist economy at this point. The government and special interests controls (or does their best to control) the winners and losers via laws, handouts and other means. I believe that things like crony capitalism, private equity/"corporate raider" investors, rent seeking and other behaviors associated with end stage capitalism are just as bad as communism/socialism with its nationalized industries, central control/planning and even forced collectivization. I am just as against hedge funds owning 1000s of homes for rent as I am rent control and government subsidized housing. Personally I think the best defense against big government, socialism and communism is people being able to live without the government subsidizing food, housing and healthcare. This requires these needs to stay balanced against the average incomes so a significant majority of employed people will be able to live without government handouts. This was true for most of American history and produced the greatest country on Earth. And there is no reason foreign investors should be able to buy property here. Americans cannot in most other countries! |
|
|
|
Posted: 8/26/2024 8:46:19 PM EDT
[#34]
Quote HistoryOriginally Posted By JJ_Jr: This was somewhat feasible in a zero interest rate environment. With the rates that they are today, there is no way in hell they are making a profit. As a solo investor doing all the repairs and maintenance myself, I’ve never seen a single family house rental that made financial sense. Only multi family buildings. Add in layers of management and waste, there’s not a fucking snowballs chance in hell ANY of these houses are making money. Fearmongering bullshit “blackrock gonna buy all the houses” You obviously didn't see my RE portfolio. It was very nice. But, I only owned in nice areas, and the rent was commensurate. And my tenants were glad to pay it. |
|
|
|
USA
|
Posted: 8/26/2024 8:46:52 PM EDT
[#35]
Quote HistoryOriginally Posted By grendelbane: I would consider any effort to keep any one or a group, corporation or whatever from bidding on a house I wanted to sell as being unethical. What if that group or corporation was tied to the Chinese gov't? |
|
|
|
Posted: 8/26/2024 8:48:03 PM EDT
[#36]
Quote HistoryOriginally Posted By nosleep: what keeps you from buying a starter home yourself, i make money off the 2 homes that i lived in, they pay my mortgage on the home im living in I say pretty much the same thing when I hear people complain about the price of gas. Back when I first started buying gas, it wasn't even a dollar a gallon! |
|
|
|
|
Posted: 8/26/2024 8:48:41 PM EDT
[#37]
Quote HistoryOriginally Posted By nosleep: what keeps you from buying a starter home yourself, i make money off the 2 homes that i lived in, they pay my mortgage on the home im living in This is The Way. Tenants paid my mort until the mort was paid, then it was cash flow. And when I sold, I made $$$ from the capital growth of the properties. It's a very common way to do it. I have quite a few friends who did the same thing. Nobody gave us sh*t. |
|
|
|
TX, USA
|
Posted: 8/26/2024 8:48:49 PM EDT
[#38]
One guy's definition of a "starter home" is different than the next. Old-ass Sears shacks and WWII tract housing sell for millions in some spots. What's morally reprehensible is the lack of developer interest in building lower cost houses. This is historically the way "The housing problem" has been solved in the United States.
It the past, some dude would just buy up 100 acres. Slice it into 1000 Sq ft lots. Throw a million crackerboxes on it and sell them at a 50% markup. I'm not sure why Banks? Developers? Fuck if I know? Where the fuck are the one bedroom crackerbox houses? |
|
|
USA
|
Posted: 8/26/2024 8:48:50 PM EDT
[#39]
Quote HistoryOriginally Posted By Lou_Daks: You obviously didn't see my RE portfolio. It was very nice. But, I only owned in nice areas, and the rent was commensurate. And my tenants were glad to pay it. Quote HistoryOriginally Posted By Lou_Daks: Originally Posted By JJ_Jr: This was somewhat feasible in a zero interest rate environment. With the rates that they are today, there is no way in hell they are making a profit. As a solo investor doing all the repairs and maintenance myself, I’ve never seen a single family house rental that made financial sense. Only multi family buildings. Add in layers of management and waste, there’s not a fucking snowballs chance in hell ANY of these houses are making money. Fearmongering bullshit “blackrock gonna buy all the houses” You obviously didn't see my RE portfolio. It was very nice. But, I only owned in nice areas, and the rent was commensurate. And my tenants were glad to pay it. And now you're so fucking rich you have nothing better to do than flex on arf. Congrats. |
|
|
|
Posted: 8/26/2024 8:50:28 PM EDT
[#40]
Quote HistoryOriginally Posted By Isenhelm: The thread topic states "hedge funds" You aren't a hedge fund, I assume you aren't an entity of international investors or foreign governments buying up thousands of houses in any/every state. The individual or Mom n Pop landlord with a dozen duplexes, SFHs or apartment complex is not the topic and is also nowhere near the scale. Also they aren't going to get any sweetheart crony deals. What difference does it make? I charged market rates for my properties, Blackstone does the same. I didn't get any "crony" deals and somehow I managed to compete with Blackstone for renters. |
|
|
|
|
Posted: 8/26/2024 8:50:55 PM EDT
[#41]
Quote HistoryOriginally Posted By 0311SKI: Lol, I wish you nothing but continued success... Thank you! |
|
|
|
|
Posted: 8/26/2024 8:53:00 PM EDT
[#42]
Quote HistoryOriginally Posted By CTM1: What if that group or corporation was tied to the Chinese gov't? I remember when, in the 80s, everyone was worried about the Japanese owning everything. They were buying high end hotels, golf courses, etc. Oh no! The Japanese are gunna overwhelm us! How did that turn out for the Japanese? |
|
|
|
GA, USA
|
Posted: 8/26/2024 8:53:14 PM EDT
[#43]
Quote HistoryOriginally Posted By THOT_Vaccine: One guy's definition of a "starter home" is different than the next. Old-ass Sears shacks and WWII tract housing sell for millions in some spots. What's morally reprehensible is the lack of developer interest in building lower cost houses. This is historically the way "The housing problem" has been solved in the United States. It the past, some dude would just buy up 100 acres. Slice it into 1000 Sq ft lots. Throw a million crackerboxes on it and sell them at a 50% markup. I'm not sure why Banks? Developers? Fuck if I know? Where the fuck are the one bedroom crackerbox houses? We had a thread on those sometime within the past year-ish here. It was new construction houses, the size of a shipping container, or a lot about 4ft larger than a shipping container. Maybe it was in TX or AZ. |
|
|
|
Posted: 8/26/2024 8:53:48 PM EDT
[#44]
Originally Posted By BMGisbetter: Discuss I think it's bad for society and bad for anyone but a hedge firm. If they wanna invest buy as many stocks and bonds as they like because you can't live in a stock portfolio. Guess what OP. Capitalism and Communism share a common goal. Putting a few men at the top in control of everything and making serfs out of everyone else. |
|
|
|
|
Posted: 8/26/2024 8:54:02 PM EDT
[#45]
Quote HistoryOriginally Posted By perfectsilence: So true I sold 8 houses to Chinese nationals, some locals put in bids on all of them but they couldn’t compete. The homes are all sitting empty now Got my money so zfg /s Just got out of the shower but all of a sudden i feel like I need another after reading that... |
|
|
|
ME, USA
|
Posted: 8/26/2024 8:54:03 PM EDT
[#46]
Quote HistoryOriginally Posted By TheAmaazingCarl: Except it's NOT a free market. The money being used is in part or in whole stolen from the American people via the fed. If the banker in monopoly is stealing money and using it to buy homes to rent to you, or loaning you the money they stole at interest.... that IS NOT a free market. Quote HistoryOriginally Posted By TheAmaazingCarl: Originally Posted By Elijah1: Why would you limit the free markets? Except it's NOT a free market. The money being used is in part or in whole stolen from the American people via the fed. If the banker in monopoly is stealing money and using it to buy homes to rent to you, or loaning you the money they stole at interest.... that IS NOT a free market. This guy gets it. |
|
|
CA, USA
|
Posted: 8/26/2024 8:54:29 PM EDT
[#47]
Housing and health care are too important (as in basic human needs) to be allowed to be turned into speculative financialized games; with all the included
fuckery, favoritism, cartels, carve-outs, tax incentives etc. that only raise prices and make a small cabal of people extremely wealthy. *Capitalism is a fake name given to the natural order of things. Hopi Indians had capitalism. Politicians and thieves destroy the natural order then call the disaster that results "capitalism." It's not about the evils of capitalism, it's about not allowing capitalism to occur. Too big to fail is not capitalism. Letting a cabal of central bankers pick and choose winners it not capitalism. Not jailing the criminals is not capitalism. it is communism because EVERYONE is paying for everyone else's failures individual success and merit doesn't matter remember the Hill-Dog mantra: "We're all in this together." I'm responsible for you and your bank deposits and you for me and mine. That's communism. |
|
|
|
Posted: 8/26/2024 8:55:08 PM EDT
[#48]
Quote HistoryOriginally Posted By Trunalimunumaprzure: And now you're so fucking rich you have nothing better to do than flex on arf. Congrats. I'm not that rich. There are a lot richer dudes than me on arf. I'm just telling you it can be done. I'm just a po boy who made a modest living. You could too, if you spent less time whining on arf and more time working the problem.
|
|
|
|
ME, USA
|
Posted: 8/26/2024 8:55:24 PM EDT
[#49]
Quote HistoryOriginally Posted By Flindelaaf: We are seeing the results of the Fed printing trillions. This. End the Fed. Then you can talk about "free market" without sounding like an absolute mouth breather. |
|
|
|
Posted: 8/26/2024 8:56:09 PM EDT
[#50]
Quote HistoryOriginally Posted By TheBootDude: Guess what OP. Capitalism and Communism share a common goal. Putting a few men at the top in control of everything and making serfs out of everyone else. lol no. Read Adam Smith. |
|
|
|
Win a FREE Membership!
Sign up for the ARFCOM weekly newsletter and be entered to win a free ARFCOM membership. One new winner* is announced every week!
You will receive an email every Friday morning featuring the latest chatter from the hottest topics, breaking news surrounding legislation, as well as exclusive deals only available to ARFCOM email subscribers.
AR15.COM is the world's largest firearm community and is a gathering place for firearm enthusiasts of all types.
From hunters and military members, to competition shooters and general firearm enthusiasts, we welcome anyone who values and respects the way of the firearm.
Subscribe to our monthly Newsletter to receive firearm news, product discounts from your favorite Industry Partners, and more.
Copyright © 1996-2024 AR15.COM LLC. All Rights Reserved.
Any use of this content without express written consent is prohibited.
AR15.Com reserves the right to overwrite or replace any affiliate, commercial, or monetizable links, posted by users, with our own.
