ibond_007

ibond_007 t1_ixon5d4 wrote

Yes and no. Depending on how you do it. Make the second home or rental home taxes 2-3X of the primary home. This will de incentivize to rent or have second homes. Similarly being a tax code to tax rental property incomes with a higher percentage.

With low interest rate all the corporations and rich guys can afford to buy more homes and rent them. First home buyers don’t have a opportunity to get into the game.

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ibond_007 t1_ixomiyo wrote

I agree but Amazon takes way more blame. Walmart employees were permanent recipients of food stamps! But no one talks about it.

Again my point is we can’t keep raising the wage as inflation goes up along with it. We have to bring the costs down especially housing costs.

Nationally we need a goal to build X amount of low cost homes to house all the people. US population is growing healthy compared to other western countries and we have to make the lives better.

Bad mouthing the billionaires is not helping. These billionaires switch side to Republicans and want to fuck us even more. Elon is the recent example who switched sides purely because of unionization efforts!

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ibond_007 t1_ixntbvy wrote

Don’t put Jeff Bezos and Elon Musk together. Jeff Bezos is a business man just like Sam Walton. But Elon is a scumbag who wants to fuckup democracy on the world!

For folks who support Elon and think he is neutral. Look at today tweet where he picked on the Left! When was the last time he tweeted that right is fucking our country? Where is his tweet about insurrection? Elon is a slimy scumbag who cares about protecting his wealth.

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ibond_007 t1_ixnssai wrote

Amazon is not the richest company. Amazon retail doesn’t make any money infact it is losing money. In fact Amazon was the first company ( don’t bring Costco in this conversation ) to raise the hourly rate. Now Amazon pays around $18+ per hour. Amazon still pays way better than Walmart in terms of pay and benefits.

Folks who complain how can some one live with a livable wage with $36K gross the answer is not to keep raising the salary but bring the housing costs down as it costs up more 50% of the income for these earners.

How to fix housing? Rent control doesn’t work. Intead shift the incentives for builders and home owners and charge a premium for rental owners.

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ibond_007 t1_ix5cufp wrote

I don’t know about SpaceX. But EV is not revolutionary! All he did was packaged and sold the EV at a price affordable to the upper middle class. There are no special battery tech ( like solid state batteries etc) nor revolutionary motors ( Tesla motors are second grade compared to Lucid). He was lucky and was able to over promise and sell. The chicken is coming to roost soon.

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