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Topic: The one law that would bring peace during an Economic Collapse - page 3. (Read 3481 times)

newbie
Activity: 42
Merit: 0
freedom and liberty is what brings prosperity. not limp wristed do gooders who are paving the road to hell with their good intentions

Freedom, liberty and cheap energy brought us prosperity. We hit cheap peak oil in 01. Explain to me again why every man, woman and child having shelter over their head is the road to hell. Money is not the root of all evil. It is the greed for money that is. So explain to me again why the greed of making money on renters is the path to heaven and why any person needs more then one house?

man you got some serious problems. everyone having a home is not evil, stealing other peoples stuff and giving it to someone else is evil. get a grip on reality

I don't have any serious problems but thanks for your concern. Its not stealing. You get to sell it. You get the going rate for it. And as I said before, your just renting that land from our country, you can't steal something from someone when they don't own it. I have a very good grip on reality. I live on a finite planet with finite resources with a growing population of over 7 billion people.

There were a lot of angry people when humans got the right to vote. Rich people thought they deserved more than one vote. They thought other people were subhuman and didn't deserve those rights back then just like there will be naysayers saying not everyone deserves one home today.
sr. member
Activity: 336
Merit: 250
freedom and liberty is what brings prosperity. not limp wristed do gooders who are paving the road to hell with their good intentions

Freedom, liberty and cheap energy brought us prosperity. We hit cheap peak oil in 01. Explain to me again why every man, woman and child having shelter over their head is the road to hell. Money is not the root of all evil. It is the greed for money that is. So explain to me again why the greed of making money on renters is the path to heaven and why any person needs more then one house?

man you got some serious problems. everyone having a home is not evil, stealing other peoples stuff and giving it to someone else is evil. get a grip on reality
newbie
Activity: 42
Merit: 0
freedom and liberty is what brings prosperity. not limp wristed do gooders who are paving the road to hell with their good intentions

Freedom, liberty and cheap energy brought us prosperity. We hit cheap peak oil in 01. Explain to me again why every man, woman and child having shelter over their head is the road to hell. Money is not the root of all evil. It is the greed for money that is. So explain to me again why the greed of making money on renters is the path to heaven and why any person needs more then one house?
newbie
Activity: 42
Merit: 0
I don't know why everyone says renting is cheaper. Then what? Renting a hotel? Renting a campsite? The reason why you pay more when you own....is because you get to keep it.

If there is an economic collapse the housing bubble will pop, and values will plummet making it affordable for renters to buy.

What happens to bitcoiners if the gov bans it? We loose. We made a bad investment. What happens to speculators betting on a housing bubble? They loose. Hedge accordingly.

If a landlord had to sell or give his friends or family his extra houses then I think he has bigger problems on the horizon.

You should listen "to this crap." I'm trying to stop the pitchforks from coming. http://www.politico.com/magazine/story/2014/06/the-pitchforks-are-coming-for-us-plutocrats-108014.html#.U78jmhYZgcg

Tell me again why YOU need more then one house?
legendary
Activity: 1512
Merit: 1005
Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.

This is the antithesis of property rights.

There are many legit reasons for a person to need to own more then one home; successful children buy a home for their parents and their children, owning rental properties that allow other families to rent and live in that cannot afford to purchase a house, just to name a few.

Property rights would be the protection of property that is owned, and limiting the number of houses that one can own would restrict what people can use their money (property) to purchase.

First off most property owners have created their fortune from Capitalism. We lost capitalism. Now we deal with so many hoops and red tape that it becomes extremely difficult to start anything up. Government got too big and there are too many bureaucrats trying to justify their jobs that all they do all day is pass more laws. There are zero legit reasons for someone needing to own more then one house. If you buy your friends and family houses then you don't own more than one house. If you pass this law all families will be able to afford one house because owning will be cheaper then renting now. Your rent pays that landlords mortgage. If prices come down then the mortgage payment goes down.

You aren't getting it... It's nobodies business how many houses I or anyone else owns... If I own too many houses that I can't keep up with them then they will likely be lost under adverse possession by squatters...

Why must a person establish a "need" to buy something? Who holds that power over the head of a citizen in our Constitutional Republic? There are massive problems, but your proposed solution would make things much worse.

Here is what I get. Allowing someone to own more the one house is slowly bringing us to Feudalism. Landlords with multiple homes hire property management companies to do the work for them, so that they don't have to take care of them.

The reason why people "need" to buy a house is so that everyone has the opportunity to buy shelter. This makes things better not worse. People that own homes care a lot more about their property then renters. Most renters don't do renovations.
Nah nah. In feudalism, the king owned all land (and all the people). Todays erosion of right to ownership of land is the problem. Eminent domain, government owns some resources on your land anyway (oil, metals), zoning, building restrictions in general, land tax (you don't own it if you have to pay rent to somebody). This is the new feudalism, and it is creeping closer.

sr. member
Activity: 336
Merit: 250
freedom and liberty is what brings prosperity. not limp wristed do gooders who are paving the road to hell with their good intentions
newbie
Activity: 42
Merit: 0
Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.

This is the antithesis of property rights.

There are many legit reasons for a person to need to own more then one home; successful children buy a home for their parents and their children, owning rental properties that allow other families to rent and live in that cannot afford to purchase a house, just to name a few.

Property rights would be the protection of property that is owned, and limiting the number of houses that one can own would restrict what people can use their money (property) to purchase.

First off most property owners have created their fortune from Capitalism. We lost capitalism. Now we deal with so many hoops and red tape that it becomes extremely difficult to start anything up. Government got too big and there are too many bureaucrats trying to justify their jobs that all they do all day is pass more laws. There are zero legit reasons for someone needing to own more then one house. If you buy your friends and family houses then you don't own more than one house. If you pass this law all families will be able to afford one house because owning will be cheaper then renting now. Your rent pays that landlords mortgage. If prices come down then the mortgage payment goes down.

You aren't getting it... It's nobodies business how many houses I or anyone else owns... If I own too many houses that I can't keep up with them then they will likely be lost under adverse possession by squatters...

Why must a person establish a "need" to buy something? Who holds that power over the head of a citizen in our Constitutional Republic? There are massive problems, but your proposed solution would make things much worse.

Here is what I get. Allowing someone to own more the one house is slowly bringing us to Feudalism. Landlords with multiple homes hire property management companies to do the work for them, so that they don't have to take care of them.

The reason why people "need" to buy a house is so that everyone has the opportunity to buy shelter. This makes things better not worse. People that own homes care a lot more about their property then renters. Most renters don't do renovations.
legendary
Activity: 1218
Merit: 1007
Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.

This is the antithesis of property rights.

There are many legit reasons for a person to need to own more then one home; successful children buy a home for their parents and their children, owning rental properties that allow other families to rent and live in that cannot afford to purchase a house, just to name a few.

Property rights would be the protection of property that is owned, and limiting the number of houses that one can own would restrict what people can use their money (property) to purchase.

First off most property owners have created their fortune from Capitalism. We lost capitalism. Now we deal with so many hoops and red tape that it becomes extremely difficult to start anything up. Government got too big and there are too many bureaucrats trying to justify their jobs that all they do all day is pass more laws. There are zero legit reasons for someone needing to own more then one house. If you buy your friends and family houses then you don't own more than one house. If you pass this law all families will be able to afford one house because owning will be cheaper then renting now. Your rent pays that landlords mortgage. If prices come down then the mortgage payment goes down.
Ok, time to buy houses and pass them to my kids. That's one house per person. I see no issue here.

But dude, have you thought this through? Why not own multiple houses, rent the interior and then use the back yard as garden to supplement the grocery bill?

Plus renting is cheaper. For a certain amount of time, renting is far cheaper than the owning of a house would be. Houses would have to plummet in value for that to even be considerably viable. Many renters would be forced out of their homes.

And what happens to the people that already own more than one house? Do their houses go up for auction, with a starting bid of $500 and the. People lowball the crap out of it, giving the owner a minuscule amount if what he paid, further hurting his financial situation in an ECONOMIC COLLAPSE.

And then it's an ECONOMIC COLLAPSE. Yeah I'm keeping my houses, nabbing whatever I can and having people pay rent in BTC, Gold/Silver or food. Thanks, but I ain't listening to any of that crap.
hero member
Activity: 1470
Merit: 504
Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.

This is the antithesis of property rights.

There are many legit reasons for a person to need to own more then one home; successful children buy a home for their parents and their children, owning rental properties that allow other families to rent and live in that cannot afford to purchase a house, just to name a few.

Property rights would be the protection of property that is owned, and limiting the number of houses that one can own would restrict what people can use their money (property) to purchase.

First off most property owners have created their fortune from Capitalism. We lost capitalism. Now we deal with so many hoops and red tape that it becomes extremely difficult to start anything up. Government got too big and there are too many bureaucrats trying to justify their jobs that all they do all day is pass more laws. There are zero legit reasons for someone needing to own more then one house. If you buy your friends and family houses then you don't own more than one house. If you pass this law all families will be able to afford one house because owning will be cheaper then renting now. Your rent pays that landlords mortgage. If prices come down then the mortgage payment goes down.

You aren't getting it... It's nobodies business how many houses I or anyone else owns... If I own too many houses that I can't keep up with them then they will likely be lost under adverse possession by squatters...

Why must a person establish a "need" to buy something? Who holds that power over the head of a citizen in our Constitutional Republic? There are massive problems, but your proposed solution would make things much worse.
newbie
Activity: 42
Merit: 0
Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.

This is the antithesis of property rights.

There are many legit reasons for a person to need to own more then one home; successful children buy a home for their parents and their children, owning rental properties that allow other families to rent and live in that cannot afford to purchase a house, just to name a few.

Property rights would be the protection of property that is owned, and limiting the number of houses that one can own would restrict what people can use their money (property) to purchase.

First off most property owners have created their fortune from Capitalism. We lost capitalism. Now we deal with so many hoops and red tape that it becomes extremely difficult to start anything up. Government got too big and there are too many bureaucrats trying to justify their jobs that all they do all day is pass more laws. There are zero legit reasons for someone needing to own more then one house. If you buy your friends and family houses then you don't own more than one house. If you pass this law all families will be able to afford one house because owning will be cheaper then renting now. Your rent pays that landlords mortgage. If prices come down then the mortgage payment goes down.
legendary
Activity: 1512
Merit: 1005
Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.

This is the antithesis of property rights.


Right now we are dealing with something coined as "Interest Rate Apartheid." Since central banks are buying up all the property and last week an article came out showing that central banks are buying trillions of stocks at 0 percent interest rates we are going to end up with Banks and Central Banks owning everything from all property and all stocks. Giving property rights back to the people would not be the antithesis of property rights.

Property rights just means that you own yourself and the product of your actions. Actions include trade in the free market. This right is just as important as the right to freedom from violence and coercion. It is also fundamental for the productive capacity of the population. This is a secondary effect to the all important moral principle.

What you say about the central bank and the interest rate apartheid (good expression) is true, but both are impossible if freedom, including property rights, exists.


sr. member
Activity: 406
Merit: 250
Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.

This is the antithesis of property rights.

There are many legit reasons for a person to need to own more then one home; successful children buy a home for their parents and their children, owning rental properties that allow other families to rent and live in that cannot afford to purchase a house, just to name a few.

Property rights would be the protection of property that is owned, and limiting the number of houses that one can own would restrict what people can use their money (property) to purchase.
sr. member
Activity: 448
Merit: 250
Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.

So, whats this mean? Rather than renting out homes rich people pay X people to demolish their homes and sell them the land. Then they live in a mansion in the middle and rent the remaining land out to serfs who farm it living in tents because it would be illegal to improve the land as the rich guy owns it.

So basically this law would have the effect of demolishing all the houses currently rented out.

Productivity~!

No. I am saying that you force anyone with more that one property (Including the Big Banks) to sell their excess properties off. That land belongs to the country anyways. Thats why you pay property taxes.

Wow, so in an economic collapse, where properties are forced to be liquidated due to defaults, causing a massive price crash and huge deflation, your "solution" is to force the liquidation of EVEN MORE PROPERTIES. Yeah, that seems like a real good idea. If you haven't noticed, it isn't in bank's business plan to own homes. They WANT TO SELL those homes already, thats the entire thing that causes the crisis in the first place. All you'd be doing is majorly fucking over landlords and renters.

Also, how can land "belong to the country" when I BOUGHT IT, or I PAID FOR SOMEONE ELSE TO BUY IT AND PLACED THAT PROPERTY AS COLLATERAL?
newbie
Activity: 42
Merit: 0
Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.

This is the antithesis of property rights.


Right now we are dealing with something coined as "Interest Rate Apartheid." Since central banks are buying up all the property and last week an article came out showing that central banks are buying trillions of stocks at 0 percent interest rates we are going to end up with Banks and Central Banks owning everything from all property and all stocks. Giving property rights back to the people would not be the antithesis of property rights.
hero member
Activity: 1470
Merit: 504
Good luck telling Americans they can't buy more land. I think it would bring a revolt, not peace. And think about what would happen to real estate prices if you could only buy one place.
Congrats, the home you bought last year for $200K is now worth $50K because too many buyers already have a home.  Sad

First off I said in an Economic Collapse. So that home you bought for $200k is already $50K. But instead of bailing the banks out, bail out the property owners.

Secondly, you say good luck telling Americans they can't buy more land, as if they are buying property right now hand over fist. How many couples do you know own more then two places anyways? Last time I checked, the amount of Americans that would bring revolt over this law would be an extremely small percentage.

And lastly, this forces all the property vultures and big banks to auction off all the land they have hoarded. This land belongs to the country anyways. Thats why you pay property taxes.

1. In an economic collapse, the last thing we would need is more market manipulation from laws which limit interactions with the market.

2. Any law which limits the right to property; real estate, personal, intellectual, or otherwise, would end up in a revolt. It makes no difference to those affected or unaffected, that would be like saying "There is a national curfew from 2:00am until 4:00am every Monday until Friday." most people would be unaffected by that, however it would also end in a revolt because people resent subjugation.

3. Those properties owned by the banks without occupants can be claimed under adverse possession. Squatters rights are necessary for the purpose of preventing too much real property from falling into the hands of banks and thus ending up dilapidated and in disrepair as banks don't maintain property...  
newbie
Activity: 42
Merit: 0
Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.

So, whats this mean? Rather than renting out homes rich people pay X people to demolish their homes and sell them the land. Then they live in a mansion in the middle and rent the remaining land out to serfs who farm it living in tents because it would be illegal to improve the land as the rich guy owns it.

So basically this law would have the effect of demolishing all the houses currently rented out.

Productivity~!

No. I am saying that you force anyone with more that one property (Including the Big Banks) to sell their excess properties off. That land belongs to the country anyways. Thats why you pay property taxes.
newbie
Activity: 42
Merit: 0
Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.
Hi,
But why you want that?
In Bulgaria we are just getting started with the capitalism from 25 years and no one want the socialism back. The idea of equality is not bad as concept, but realy is not possible. China is managing it somehow ...we will see it in the future Smiley
BR

Sure China in managing. They have apps on their phones telling them that if the pollution is at dangerous levels they need to wear their mask today. If you go to a restaurant you shit in a hole. And under that restaurant is a pig pen, where your pork eats your shit. Oh, and you get to eat delicious food cooked in gutter oil. http://www.youtube.com/watch?v=zrv78nG9R04

We lost capitalism when we bailed the banks out. In capitalism, if you go bankrupt your suppose liquidate everything and start from scratch. I would like to get back to capitalism myself.
newbie
Activity: 42
Merit: 0
Good luck telling Americans they can't buy more land. I think it would bring a revolt, not peace. And think about what would happen to real estate prices if you could only buy one place.
Congrats, the home you bought last year for $200K is now worth $50K because too many buyers already have a home.  Sad

First off I said in an Economic Collapse. So that home you bought for $200k is already $50K. But instead of bailing the banks out, bail out the property owners.

Secondly, you say good luck telling Americans they can't buy more land, as if they are buying property right now hand over fist. How many couples do you know own more then two places anyways? Last time I checked, the amount of Americans that would bring revolt over this law would be an extremely small percentage.

And lastly, this forces all the property vultures and big banks to auction off all the land they have hoarded. This land belongs to the country anyways. Thats why you pay property taxes.
newbie
Activity: 42
Merit: 0
Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.
Hi,
But why you want that?
In Bulgaria we are just getting started with the capitalism from 25 years and no one want the socialism back. The idea of equality is not bad as concept, but realy is not possible. China is managing it somehow ...we will see it in the future Smiley
BR

Do you pay property tax in Bulgaria? Because if you do, then you don't own that property, and you still have some form of socialism.
legendary
Activity: 1512
Merit: 1005
Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.

This is the antithesis of property rights.
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