That post seems to be missing.
Soulg 180 points 3 years ago

As if a single mother of 4 could ever get close to affording a house

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Zekas 60 points 3 years ago

Yes, that's what the meme is about.

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Viking_Hippie 58 points 3 years ago

Maybe she won the lottery or sold the 5th one she never liked anyway? 🤷

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DragonTypeWyvern -126 points 3 years ago

You can afford a house in most states on about $100k. She's just a single mom, don't assume she doesn't have a solid education.

Sexists in here, smh.

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Viking_Hippie 96 points 3 years ago

$100k is almost double the average income of single mothers (of ANY education level) though, and, again on average, more than a third of their income go towards childcare.

Add the fact that someone with 4 children would pay MORE than average in childcare and other expenses including ridiculously high rent and there REALLY isn't enough left over to ever afford a house anywhere but the least desirable parts of the least desirable states.

I'm not being sexist, you're downplaying the ongoing national emergency of deep systemic poverty.

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Pregnenolone 30 points 3 years ago

You’re feeding a troll or an idiot, either way it’s not worth it

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diskmaster23 3 points 3 years ago

Man, I make $100k and I can't afford a $350k home. It's too much with student loans and property taxes; not that begrudge taxes but it's a factor.

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SCB -9 points 3 years ago

$100k is almost double the average income of single mothers (of ANY education level) though, and, again on average, more than a third of their income go towards childcare.

Implying people buy houses in cash does not make you seem knowledgeable about the housing market.

Not owning a house does not mean you're in poverty.

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DragonTypeWyvern -99 points 3 years ago

Ok sexist who thinks this hypothetical mother is too stupid to properly budget her bid on a house.

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uis 16 points 3 years ago

Person 1: "She couldn't get this much money"

Person 2: "Here are ways she actually could"

Person 3: "SEXIST!"

This is so ridiculous conversation

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DragonTypeWyvern -19 points 3 years ago

I do love when the people disagreeing with me prove they don't have the slightest idea what's going on.

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IHaveTwoCows -14 points 3 years ago
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Bytemeister 120 points 3 years ago

Empty rental properties should be taxed at their rental rates, regardless of if there is a tenant in them or not. Wanna rent out slums for 1700 a month, well, you aren't going to pay taxes on that property like the 90k shithole that it is.

To go a little further, if you're listing a house, you should pay taxes on it monthly based on the list price. Seen way too many shithole with a fresh coat of paint hiked 150k above their actual value.

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Acters 16 points 3 years ago

I personally believe taxes should be a mechanism of negating bad behavior or preventing harm to communities/the people.

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Bytemeister 12 points 3 years ago

I don't personally think taxes should be used for punishment, but I think the rules of a system should be setup to achieve the desired outcome. The rules right now are setup to benefit a few entities owning most of the real estate, and we need to build a system that makes it more expensive to own homes if you already own a home, and it should scale based on how many you already have. Also, there should be penalties for gouging people. All the pharma bros who have been hiking the price of medications through the roof have revealed that most of the people in the USA are vulnerable to captive markets.

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rchive 2 points 3 years ago

The rules right now are setup to benefit a few entities owning most of the real estate

Rules like what?

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SCB 2 points 3 years ago

The rules right now are setup to benefit a few entities owning most of the real estate,

Strange then, that this has not occurred.

They currently own 4.7mm out of ~75mm homes. It's just more in Cali, which is probably where the person you heard this from lives.

Here's an article warning against the practice with data

https://www.nytimes.com/...

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AA5B 1 point 3 years ago

we need to build a system that makes it more expensive to own homes if you already own a home,

I don’t know how most places work, but my state does this by assessing property at whatever rate, for everyone, but you get an exemption on part of the assessed value for your primary residence. My house is taxed as though it were worth $60k less because it’s where I live, not an investment or business . This seems like a good idea that would do exactly as you suggest (although that exemption should arguably be higher and should increase once in a while)

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IHaveTwoCows -1 points 3 years ago
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uis 6 points 3 years ago

They aren't taxed?

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Bytemeister 3 points 3 years ago

Taxed at whatever the adjustor lists as the price. So big corps can by up all the houses/apartments in the area really cheap, and then hike the price up in an inelastic market while pay taxes at a much lower rate.

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Cryophilia 5 points 3 years ago

Thanks to prop 13, in California it's not just corpos. It's also Boomers who decided to buy a 3 bedroom house on a whim for $18 back in 1978.

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SCB 2 points 3 years ago

This is state by state. In some states you pay according to regular reappraisals and in some states (generally those with worse housing markets) you do not.

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AA5B 2 points 3 years ago

I was also going to say this - assessors for my city increase the assessed value for taxing purposes independently of whether there is a recent sale

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Taleya 1 point 3 years ago

Do you guys have council rates? Good metric to use.

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madcaesar 0 points 3 years ago

You had me until the selling of the house. Plenty of normal people's only path to any kind of wealth is selling their property. Hurting them more is not the way to go.

Multi home owners, apartment rental owners, sure tax the shit out of them.

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UnspecificGravity 12 points 3 years ago

Is it more important that a tiny percentage of "normal people" get a chance to be millionaires just before they die, or that they all get to have a place to live without spending their entire lives scraping by?

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Bytemeister 8 points 3 years ago

Normal people selling their normal house at a normal price would not be affected. Only people trying to sell/rent trash for a premium would suffer, as they should, since they are gouging people and artificially inflating the market.

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AA5B 2 points 3 years ago

You’re including as people who should be punished:

-- people who have lived in the same place a long time

-- people who can no longer afford to live in gentrifying neighborhoods

-- elderly who need to downsize or move to a place with more accessibility or assistance

While I understand the urge to punish with taxes people getting excessive profits from real estate, you need to be careful of potentially cruel side effects

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Bytemeister 0 points 3 years ago

people who have lived in the same place a long time

Only a problem if they try to sell their house for much much more than it is worth.

people who can no longer afford to live in gentrifying neighborhoods

Only a problem if they try to sell their house for much much more than it is worth.

elderly who need to downsize or move to a place with more accessibility or assistance

Only a problem if they try to sell their house for much much more than it is worth.

Noticing a trend here?

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madcaesar -1 points 3 years ago

If it's trash it won't sell. Dictating how much people can ask for their own belongings is some authoritarian shit I want no part of.

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Bytemeister 3 points 3 years ago

Property taxes are based on the value of the property right? I'm just saying we should update based on what the seller is asking for it. If it's worth what you are asking, then this makes no difference. It only matters if you ask for more, and even then it would only matter if you were asking for a lot more.

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SCB 3 points 3 years ago

Homes should not appreciate in value, and we need, as a society, to stop viewing home ownership as "nest eggs" and wealth-building tools.

If housing value constantly goes up, housing prices are constantly going up. Homes cannot be a method of building wealth and also be affordable to people.

Raising taxes on landlords raises the rent.

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tsonfeir 113 points 3 years ago

Maybe she should close her legs

  • Every Republican male.
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Cephirux 38 points 3 years ago

And when people opt for abortion or refuse to procreate, those republicans will go ape.

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patchw3rk 18 points 3 years ago

Maybe she should open her legs

  • The other Republican half
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tsonfeir 12 points 3 years ago

its not my fault she got pregnant after we had sex—but if she refuses to birth my child, she should go to prison.

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Littleborat 7 points 3 years ago

Maybe republican male should stop browsing CP or Qanon or whatever they do these days.

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DScratch 89 points 3 years ago

But now she can rent it and pay their mortgage!

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speaker_hat 0 points 3 years ago

She can make BlackRock back to pay their own mortgage, by calling on a BlackRock fund with all her money, and pay here mortgage with its returns!

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Littleborat 42 points 3 years ago

As if that hypothetical person ever had a chance post 2008.

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internalblock 7 points 3 years ago

This is just restating the joke.

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billy_bollocks 5 points 3 years ago

Wife and I both bought houses in 2009. Feds were literally giving out tax credits to encourage people to buy. Homes were dirt cheap then.

Going off your comment it sounds like you are too young to remember this.

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SCB -1 points 3 years ago

I bought a house in 2016, so yes.

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Theharpyeagle 33 points 3 years ago

Back when we were house hunting, we experienced several sales where the house was sold for cash at 10-30k over the asking price before offers were even open. If we do sell, I'm sure as hell only selling to a family (not that I'd advertise as much, I'm sure they would and have made fake families to purchase houses.)

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Got_Bent 27 points 3 years ago

My sister just inherited a house and sold it for $20k below market to a young family for exactly the reasons you state. I respect her for that.

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AA5B 5 points 3 years ago

If a house sells before bidding opens, it’s not necessarily the corporations, but yes it’s an unfair advantage to someone. Back when we were looking and the market was even hotter, we actually did get in on that side of the process a couple times.

However that early access was never exclusive and never successful for us. I actually wondered whether it was just a scammy tool for realtors to get feedback on the asking price

And “cash” does not necessarily mean cash. I believe it just means no contingencies on whether or not the buyer can get a mortgage and when. The buyer is already approved for the necessary amount and desperate enough to gamble that nothing will go wrong

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tslnox 19 points 3 years ago

Well done, my minions. The mortals' courage begins to wane! Now, let's see how they contend with the true Lord of Blackrock Spire!

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byrona 13 points 3 years ago

This is very strange seeing Zach Wilson in this context

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TheDuffmaster 1 point 3 years ago

Not surprising, but apparently only dozens of us on Lemmy know who Zach Wilson is

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crystalmerchant 1 point 3 years ago

fuckin knew it. Generic white guy sure but god damn it is definitely him ain't it

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crystalmerchant 2 points 3 years ago

is that Zach Wilson

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Nobsi -63 points 3 years ago

I have to raise rent on the single mother of 2 again...
Inflation hits us all honey.

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danciestlobster 41 points 3 years ago

Of course, it would be terrible if you could no longer afford the lifestyle you are accustomed by profiting off of others labor

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Nobsi -10 points 3 years ago

Exactly.

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UnspecificGravity 24 points 3 years ago

It must be weird to know that just dropping dead would actually make the world a tiny bit better than not. I wonder if that's how an intestinal parasite feels?

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Nobsi -13 points 3 years ago

I think it would make the day of my employees harder for a few months.
I think it would make the rest of all of my wifes days really really bad.
I think the only people who would be happy that i just died would be people on the internet with superiority complexes.

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Colorcodedresistor 8 points 3 years ago
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Nobsi -4 points 3 years ago

What? Are you high?

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UnspecificGravity 3 points 3 years ago

You should buy a better life insurance policy. What kind of person doesn't plan for the possibility of their spouse needing to be on their own?

Wait, we already know EXACTLY that kind of person, don't we?

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Nobsi -6 points 3 years ago

I have one. I didn't even mention anything financial. Funny that this is all you guys think about.
You ever had a loved one die? Seems like you don't know how horrible that is.
Case closed.

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GardeningSadhu 21 points 3 years ago

Do you have to? or are you driving a fancy car, taking vacations, buying name brand clothing, spending money on over priced drinks.... i don't think you have to, i think you care about spending money on something that doesn't matter more than that mother and her children.

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dirtbiker509 13 points 3 years ago

"Nice" cars, taking a Vacation, and name brand clothing isn't the demographic of rich we should all be fighting against. The actual rich wouldn't define anything they do or buy that way. They don't buy nice or fancy cars, they buy luxury cars. They don't buy name brand clothes, they buy designer clothes. They don't go on vacation, they just travel to their 10th summer home on their 3rs yacht and take a couple conference calls on the way.

I hate seeing the definition of middle class and the lower class fighting against each other. That's literally what the ultra rich want, they love it, it's their other favorite hobby.

Just because someone might barely make it out of the lower class and be able to afford a higher trim level on their Honda, and actually take a vacation doesn't mean that's a bad thing, what should fighting together for that be a thing for everyone in the lower class.

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Maeve 7 points 3 years ago

The whole reason a middle class was ever allowed was to keep the poors from eating the rich.

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Omniraptor 2 points 3 years ago
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Nobsi -7 points 3 years ago

Yes i have to. Every unit has to be a net positive to itself or at least stay a small net negative so other units can catch a non-scheduled repair. I'm pretty sure the tenant wouldn't be happy to have to look for a new place just because a pipe broke.
Yes, i drive a Taycan and my wife has an ID.5.
Yes, i sit in my garden and enjoy whatever the weather allows me to.
Yes, i exclusively buy clothes made from good quality natural materials. A sweater of the brand of clothes i buy costs about 160€ and lasts about 8 Years. I have not had to replace one yet and i own about 40 pieces of clothing in total. Not counting suits.
What is an overpriced drink? I drink filtered tapwater, sometimes carbonated and at the rare occasion that i eat in a more fancier setting i drink Sprite.

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GillyGumbo 2 points 3 years ago

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darklingdave 12 points 3 years ago

If you feel so guilty about it, just sell her the unit at a price she can afford. Oh wait, you won't do that, because that would make your life harder, because then you wouldn't be able to profit off her efforts.

Stop feigning remorse for a wrong you won't stop doing.

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Stoney_Logica1 10 points 3 years ago

Are you raising it proportionally to the costs you'd expect to see the next year for that unit and factoring in any expected equity were you to sell? I'm always curious how these rent hikes are calculated. Have you ever reduced rent?

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tsonfeir 4 points 3 years ago

Market rate

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Nobsi 1 point 3 years ago

I cannot tell you how conglomerates do it, but i can speak for myself.
I own 10 Units that i rent out. I raise rent depending on what i think next year is gonna happen. But i also have 2 companies that generate income that i take into account a tiny bit.
It's been fucky since the Corona™️ though so i kept raises to the same level they were in 2019. About 4% a year.
I raise my rent to market value whenever i have a change in tenant.
I have never reduced rent. My costs have never gone down. If anything i didnt raise rent one year.
I cannot keep rent the same forever because inflation and other cost increases would just eat at the foundation and if something breaks i will have to just sell the entire unit.

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rainynight65 7 points 3 years ago

When last did any of your tenants have a 4% annual income increase?

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Nobsi -4 points 3 years ago

Don't know. Don't care. I raise wages to a percent above inflation. Not my problem other employers don't.

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PP_BOY_ 9 points 3 years ago

Seeing everyone taking the bait in the replies is hilarious

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rchive 2 points 3 years ago

People act strange when they think they have a moral high ground.

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Nobsi -1 points 3 years ago

Seems like they're all new to the Internet...

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Elivey 7 points 3 years ago

Maybe you could fall in an open grave and just never come back out? What if you did that instead?

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Nobsi -2 points 3 years ago

You really wanna know how little will change? Or was that just flamebait

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tsonfeir 6 points 3 years ago

What part of your expenses went up. Your own or the cost of owning the home?

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Nobsi -4 points 3 years ago

All of them. Food, gas, petrol, property tax, car payments, electricity, water, my employees.... you name it, it got more expensive.

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tsonfeir 10 points 3 years ago

Exactly the problem. You rely on other people to pay you more than a thing is worth so that you can remain in a lifestyle that is no longer sustainable. Fuck you.

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Nobsi -7 points 3 years ago

Nice assumption. Wrong.

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rainynight65 9 points 3 years ago

Guess what... aside from property tax and employees (which are your cost of doing business), your tenants also have to shoulder all those extra costs. And now they get slugged by your rent increases as well.

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Nobsi -2 points 3 years ago

While I agree to a point, apart from property tax and employees there's more costs that i face so the tenant doesnt have to.
Insurance (both from natural causes and unnatural damages), the aforementioned property tax, waste and fresh water, appliances that have to be replaced, corrosion damage, trash disposal, street cleaning etc.
I get the slight feeling that you only ever rented? This is all part of the rent. You are paying a part of all this with your rent. I get an average of 400 before tax a month on each unit.
You think the eingle mother of 2 could afford a mortgage of more than the rent (US centric, in Europe it'd be a loan) and all the running costs?

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GreenMario -1 points 3 years ago

Inflation is fake.

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rchive -1 points 3 years ago

You don't believe changes in the supply of a good influence its value?

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Nobsi -7 points 3 years ago

You can dream bobby, but your dreams are not reality.

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HonoraryMancunian -1 points 3 years ago

sees downvotes and replies

Satire is apparently dead

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AeroLemming 21 points 3 years ago
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HonoraryMancunian 6 points 3 years ago

Oh shit, didn't see their 'about' section, I just saw what appeared to be a couple of vaguely anti-right comments

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Nobsi -3 points 3 years ago

I am. Satire is still dead.

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Jax 2 points 3 years ago

Ya'll act like satire hasn't been dead for a good 15 years.

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thanks for using Leebra!

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