Real Estate Crash thread

[Benny Profane]

There has been a 15yr fight over infrastructure bills to fix crumbling roads, falling bridges, and racist highways...and even with Build Back Better...it still wouldn't be fixed.

Where is this perfect world you live in?

[Timberridge]

You can have it all, TR.

Except a Super Bowl trophy, ice.



But back to the task at hand. 19,679 posts and nobody has a solution to this housing thing yet?

Which country has this figured out? Maybe we copy them?

[Name Redacted]

Should tax be used as a weapon to reduce STRs and then we will figure out what to spend the money on later?

[skaredshtles]

Where is this perfect world you live in?

Galt's Gulch?

[Benny Profane]

Except a Super Bowl win, ice.



But back to the task at hand. 19,679 posts and nobody has a solution to this housing thing yet?

Oh, that's easy. Stalinist authoritarian overthrow of our government, and an apartment/flat for every family in the new housing projects. Comrade.

[Timberridge]

Can I get one with ski on and off? Then I'm in.

[sirbumpsalot]

No, it's not that. They wouldn't exist without taxation.

Well I didn't say that they wouldn't....read the post and pause first before racing to your keyboard. Just a friendly suggestion...maybe people wouldn't razz you so much if you did that.

[fastfred]

Here is a legit problem I have and I want to consult the wellto do all caring worldly members of tgr

I was in Aurora this morning and realized I hatemy life but love the smell of halal food and Mexican laundry soap the smell of white people and money sucks

So can doone of two things what would you do

A) I can deed restrict my single family home and get around 100k check to do so unfortunately 100k is chump change sorry not sorry the ded restriction would limit the home tobe sold rented or occupied by a local who is employed in scummit when I go to sell it the earning potential could be limited by the deed restriction this restriction I'd put on it has no Cap'n on appreciation

B) or fuck every one cause 20 years ago I was smart enough to buy a house and I got here before all you sorry fucks and I got lucky so I want my million bucks

[sirbumpsalot]

Where is this perfect world you live in?

I don't claim to live in a perfect world...do you enjoy banging your head against a wall everyday?

[sirbumpsalot]

Here is a legit problem I have and I want to consult the wellto do all caring worldly members of tgr

I was in Aurora this morning and realized I hatemy life but love the smell of halal food and Mexican laundry soap the smell of white people and money sucks

So can doone of two things what would you do

A) I can deed restrict my single family home and get around 100k check to do so unfortunately 100k is chump change sorry not sorry the ded restriction would limit the home tobe sold rented or occupied by a local who is employed in scummit when I go to sell it the earning potential could be limited by the deed restriction this restriction I'd put on it has no Cap'n on appreciation

B) or fuck every one cause 20 years ago I was smart enough to buy a house and I got here before all you sorry fucks and I got lucky so I want my million bucks

You should do B, but the other faceless bastard should do A. We went thru this when Harry sold his condo in big sky. Were you high that day? oh never mind...

[CarlMega]

love the smell of halal food and Mexican laundry soap

I recommend the thicc latina thread for inspiration. Also, make your money little fish.

[mcphee]

Here is a legit problem I have and I want to consult the wellto do all caring worldly members of tgr

I was in Aurora this morning and realized I hatemy life but love the smell of halal food and Mexican laundry soap the smell of white people and money sucks

So can doone of two things what would you do

A) I can deed restrict my single family home and get around 100k check to do so unfortunately 100k is chump change sorry not sorry the ded restriction would limit the home tobe sold rented or occupied by a local who is employed in scummit when I go to sell it the earning potential could be limited by the deed restriction this restriction I'd put on it has no Cap'n on appreciation

B) or fuck every one cause 20 years ago I was smart enough to buy a house and I got here before all you sorry fucks and I got lucky so I want my million bucks

C) be a Hero. hold a raffle for locals. Sell it for what you paid 20 years ago.


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[Name Redacted]

Fred, sell it and buy a place in Aurora. You can easily commute to ski Breck on the weekends if you miss it.

[skaredshtles]

C) be a Hero. hold a raffle for locals. Sell it for what you paid 20 years ago.

Smart! And then he can avoid capital gains taxes!

[fastfred]

C) be a Hero. hold a raffle for locals. Sell it for what you paid 20 years ago.


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There we go didn't think of that one
Thered be a riot it'd be like giving it away could you imagine less than 200k for prime real estate?

But would I have to put the blood stained plywood sub floor back in and tge piss and shit?

[Timberridge]

Why sell now when the home will be worth $2 million in a few more years.

[BmillsSkier]

Why sell now when the home will be worth $2 million in a few more years.

Could buy a lot of TGR branded bathrobes for $2MM.

[Timberridge]

Or an entire town/neighborhood Upstate. Fredville, NY.

[BmillsSkier]

On the good side of the canal too.

[dan_pdx]

And all of these costs will be passed on to the consumer. So remember, if you ever plan on traveling and staying anywhere, it is going to come out of your pockets. So you are advocating for a tax on yourself. The circle of life.

This is going to come across salty, which is not my intent, but yeah, that goes without saying. If we're going to be adults, we have to advocate for -- or at least accept -- taxes on ourselves. I vote and pay for school bonds even though I have no kids in the schools here because I recognize it's a net benefit for society. (PPS catastrophically mismanages their funds and would benefit from an auditor with some teeth, but that's a separate conversation.) Would I like to not have to pay taxes? Of course! But I recognize paying taxes is the cost of living in a more-or-less civil society, and it's worth it.

If we're not willing to put our money where our mouth is by paying the higher taxes / prices driven by tax increases, then yeah, we should STFU. But I imagine the people advocating for higher taxes on STRs in this thread are willing to pay those higher prices -- I know that I am.

[dan_pdx]

There we go didn't think of that one
Thered be a riot it'd be like giving it away could you imagine less than 200k for prime real estate?

But would I have to put the blood stained plywood sub floor back in and tge piss and shit?

Why sell it when you could make a mint using it as an STR?

[Bunion 2020]

I vote and pay for school bonds even though I have no kids in the schools here because I recognize it's a net benefit for society.

You are right but, there needs to be an age cap on having to ante up for education, especially if you chose not to breed. 67 seems right to me.

And even more so since state and local taxes are no longer a Fed deduction.

[simple]

Fred, sell it and buy a place in Aurora. You can easily commute to ski Breck on the weekends if you miss it.

Lol Fred isn't allowed at Breck ski resort anymore due to his lifestyle choices.

[BmillsSkier]

Lol Fred isn't allowed at Breck ski resort anymore due to his lifestyle choices.

I didn't think Fred was a snowboarder.

[dan_pdx]

You are right but, there needs to be an age cap on having to ante up for education, especially if you chose not to breed. 67 seems right to me.

And even more so since state and local taxes are no longer a Fed deduction.

I mean, I hear you, but once you go down that rabbit hole, it gets messy quick. Some would say they shouldn't have to support the libraries, the cyclists wouldn't want to pay for roads and the drivers wouldn't want to pay for bike paths, etc. etc. I'm willing to pay through the nose for all that crap, just really wish there was a hard-nosed fiscal conservative watching every dime spent like a hawk.