So when’s the housing bubble bursting?

DC_Dude

Rising Star
BGOL Investor
Location, in California that is not an issue and never will be an issue. California will always be a destination for people and higher cost of living like most coastal states. Now if you were buying up property in Tabernackle Alabama well.
Yeah I was going to comment on this but you are correct. Location really is the key. Whether is the school system or a place where jobs will always be plentiful location is key.

Even if you paying a high interest rate you get to right off on your taxes (correct me if I’m wrong because I hand over everything to my CPA).
 

Helico-pterFunk

Rising Star
BGOL Legend








 

Helico-pterFunk

Rising Star
BGOL Legend











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^SpiderMan^

Mackin Arachnid
BGOL Investor
That makes zero sense, you never pay off a rented house and you leave nothing for your kids . Meanwhile crackas and Asians buying property building wealth and passing it on. Complete non sense to pick renting over owning .
I quoted the wrong one. My quote was in response to your quote below
Stop looking at your house as a fucking asset and look at it as a place to live , shelter. I could give a fuck if my house value drops 20%.
 

DC_Dude

Rising Star
BGOL Investor
I am also noticing if you can buy a house near a Costco or Target or where they are building one of the two (Starbucks of course), that's a good location...LOL

I'll add Chick Fila as well

Random Thoughts...LOL
 

Helico-pterFunk

Rising Star
BGOL Legend

blackbull1970

The Black Bastard
Platinum Member
I said earlier in the thread White folks gonna jump on this and profit from it.

By the time Black folks figure it out, White folks will profit like crazy and cash out and Black folks will get the scraps.

Can a Big Village Full of Tiny Homes Ease Homelessness in Austin?

One of the nation’s largest experiments in affordable housing to address chronic homelessness is taking shape outside the city limits.

By Lucy Tompkins
Published Jan. 8, 2024
Updated Jan. 9, 2024


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Residents playing bingo at Community First! Village, which aspires to be a model of permanent affordable housing for people who are chronically homeless

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Justin Tyler Jr. chose a tiny home in the oldest part of Community First! Village, where residents’ cactus and rock gardens created a “funky, hippie vibe” that appealed to him.

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Street signs mark pathways and roads within the village.

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Alan Graham, the founder of Community First, standing on the porch of the house he shares with his wife in the village.

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Rent at the village averages about $385 a month. The tiny homes that make up two-thirds of the dwellings go for slightly lower rent but have no indoor plumbing.

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About 55 residents live in R.V.s in the village as missionals, including Sarah and Casey Bushman. “They’re people we can always call, they’re always there for us,” one resident said.

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An amphitheater for screening movies provides entertainment in the village.
 

blackbull1970

The Black Bastard
Platinum Member
LA Times editor pleads for fleeing Californians not to ‘express disdain’ for the state as they leave in record numbers

“To the people leaving California: May the road rise to meet you as you seek better lives in new places. Now, can you please extend some goodwill to those of us who remain?” Thornton asked in a Saturday piece headlined, “Commentary: If you want to leave, fine. But don’t insult California on the way out.”

By Alexander Hall , Fox News
Jan. 23, 2024

 

Helico-pterFunk

Rising Star
BGOL Legend


 

A to Dah K

Rising Star
BGOL Investor
Yeah I was going to comment on this but you are correct. Location really is the key. Whether is the school system or a place where jobs will always be plentiful location is key.

Even if you paying a high interest rate you get to right off on your taxes (correct me if I’m wrong because I hand over everything to my CPA).

Yeah I was going to comment on this but you are correct. Location really is the key. Whether is the school system or a place where jobs will always be plentiful location is key.

Even if you paying a high interest rate you get to right off on your taxes (correct me if I’m wrong because I hand over everything to my CPA).
Though trump changed the tax laws and now there is just a standard deduction?
 
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