AhhhTheFrench
We will sell no wine before its time
Interesting that you clicked on this...I hope your day is going well and you're at least finding our conversation stimulating, if you're not finding it pleasant. Looking to reinforce your beliefs about about me? Dig up some dirt? Have at it! Only cowards and scam artists make their profile private.
User ID: 2897
There are a tons of programs that are 0% down or 3% down for first time home buyers that have low cap PMI/no PMI or get rid of it at some equity goal like 20% paid off etc.... The fees don't even factor in. The saving 20% thing hasn't been true for almost 40 years. It doesn't make your offer more attractive than a higher one at 3%. Not in any way that matters, cash sales are nice because you can wave all kinds of stuff and get it done fast, anything else is mostly the same with some caveats. I'm glad you were able to get in when you did, but clearly you wanted to buy earlier, and you easily could have, even faster if you had done it with a partner. I didn't scrimp and save, I bought my first property in foreclosure with 5% down that I put on a credit card and they handed me a 15k check at closing.
Most people in the USA own houses, around 2/3rds, so is 1/3 of the population renting really a crisis? It is historically average for modern times.
AhhhTheFrench
We will sell no wine before its time
2d ago
Really? They are ways in which we changed what we are doing to improve the environment. We certainly aren't consuming less or using less energy, but we are doing it in a way that is better for us. We just cut back high sulfur bunker fuel and that is causing even faster global warming, so maybe we should replace that with high altitude sulf distribution to keep the climate stable, or even cool it a bit. Humans have already deeply changed every major system in the world. Everything here is basically here by our decree, this will only be more and more the case as our mastery and understanding increases, we need to continue to decide what we value and what we will preserve.
I also wasn't referring to the original request for more sun, just your comment that climate engineering sounded evil. I think it sounds like what we already do, except done right.
AhhhTheFrench
We will sell no wine before its time
3d ago
There is no need to mine the new world when everything is much cheaper to obtain in Europe. Some have argued that most colonies actually did cost their home countries much more than they brought in, but one can't argue with the results. THE USA!
AhhhTheFrench
We will sell no wine before its time
3d ago
"Getting places in space is convoluted to begin with, and all trips beyond Earth orbit require carefully calculated momentum assists from various heavenly bodies. The error on these calculations is pretty large relative to the size of most asteroids. It's infeasible to pre-plan a route so specific and so accurate that one could send a spacecraft to a specific asteroid in the asteroid belt once, let alone reliably at different times. The energy and time cost for any such trip would be enormous as well."
I'm already lost on your first point. NASA has already done this. For both asteroid belt asteroids and near earth asteroids. If you don't swap your inches and centimeters then yes you can go to a specific asteroid. It is not too complex, we understand orbital mechanics.
AhhhTheFrench
We will sell no wine before its time
3d ago
THE SPICE MUST FLOW! It all depends on if how we value energy in the future. We are sitting next to a basically infinite supply of it.
AhhhTheFrench
We will sell no wine before its time
3d ago
We already heavily engineer the weather, maybe we should try to do it scientifically instead of by chance based on what we emit. We already cut down on smog, acid rain and ozone damage, not to mention putting out forest fires. By paying attention and applying what we know we can improve the weather instead of making it worse.
There hasn't been whatever "state of nature" you're imagining for a long long time.
People actually do say that about cars...
The countries you mention did well after 10 years of reconstruction and tons of American money and support and governance. Britons were still on rations into 1954, they lost their empire, so did most of the European Powers. You know what was driving a lot of that post war boom?! American exports in all things.
Don't forget these rules of acquisition.
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War is good for business
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Peace is good for business
Prefab has mostly been a bust for housing because you still need to transport and assemble the thing on site and do all the trade work involved. Mass production simply doesn't work for the kind of housing that people want. Every home is basically a custom job hand assembled by 20 different kinds of trades and independent contractors all trying to semi-coordinate, even the planned burbs built by companies like Lenar. Every house lot and location has its own quirks, every warped wall stud needs to be held straight enough to nail gun into place. It is hugly labor and capital intensive.
Regulation is never about "keeping home prices high" Property values won't go down if you build more, the demand is essentially unlimited. This is a common refrain you hear on reddit that people are being selfish and "protecting their property values", what people are really "protecting" is their current vision of the city/town and they just don't want more people, or certain types of people, or cars. Most of them don't think stopping growth is protecting their investment, and it also doesn't. The more dense a place is usually the more expensive it is. Manhattan vs North Dakota.
If there were really such radical ways to make lots of housing and sell it cheaply, someone would be doing it and making billions. You're welcome to be the first. It isn't a conspiracy.
Until we have a much cheaper way to make quality housing we are always going to be in a "housing crisis". That being said, 75% of the people in my state own their own homes, I think the "housing crisis" is overblown. Shit is just expensive now, there are too many people, and they all want to live in the same places. If people want cheaper homes encourage your kids to become carpenters/plumbers/electricians willing to work for low wages. Getting a door replaced is like 3k these days. Everyone wants a freestanding home next to mountains, the ocean, lakes and a major metro with good weather, they can't all live there.
Again. It costs more to build new than to buy a used house. So it isn't using houses as an investment that is driving up costs, they do go down in value compared to a new build. the price you see is literally the cost to make the product. Land appreciates if population goes up and if everyone wants to live in the same place, that has nothing to do with building costs, except that developers may build higher end models of homes on expensive land since the home will be out of reach for people looking for starter homes because of the cost of acquiring the building lot.
If you can do it cheaper. You'll be a billionaire in a few years.
AhhhTheFrench
We will sell no wine before its time
4d ago
I have built houses. The amount of labor and material that goes into a house built today vs a house built in 1950 is astounding. If you want a custom home today you're looking at 300 dollars a square foot to start in my area, so if you want even a modest 1500 sq ft home you're out $450k before you buy the land. Buying some land and having someone else build you a house costs a shit ton of money. That is why housing costs are through the roof, not because we got off the gold standard.
Also, houses haven't become just a "bit bigger" They have doubled or tripled in size depending on what starting year you want to use. We have 800sq ft starter homes from that size left over from the 50's in a lot of area towns they kinda suck. Cheap materials, often partially home built. If you're willing to buy the largest Home depot shed and renovate it yourself using coffee cans as shingle underlayment and a toilet you get for free off craigslist, you too can replicate the quality of these builds, and probably the cost as well.
If you want a 1950's house and to pay 1950's prices you can, you would have about 100k to work with. You can do it yourself, with a small amount of hired help and buy cheap land and materials, and get a cheap but livable home. If you want a home 3 times that size and with better workmanship and modern insulation, code standard electrical, plumbing and HVAC, 2 bathrooms, modern fixtures, you're going to pay 3 times as much, you want someone to do it for you and a master bath with rain shower, a second bathroom, a guest powder room, a 3 car garage, gas fireplace, heatpumps, solar panels, a pool and 2 acres, well then you're not even buying the same product.
Your posts are starting to sound like that "what happened in 1971" website that gold bugs like to bang on about. I'm not sure if you're a US citizen but almost all mortgages issued in the USA are 30 year fixed. Which means we're all locked in forever unless we sell, it doesn't matter what the fed rate does, you pay whatever you agreed upon at the time of the loan. So the loans always get cheaper over time because you're paying a low interest rate loan back with money that has had 20 years to inflate by the time you're 20 years into your loan.
You could do all that stuff on one salary because the world had just been wiped out and the USA was the last high tech manufacturing and industrial powerhouse standing. Not because we were on the gold standard. Which we were also on during some very very bad economic times in our history, if you'll recall. The type of money we use doesn't really matter, it is just fake points we use to keep track of and divvy up resources.
You don't know what "new age woo" means? It means crystals, and 3rd eyes and chakras and acupuncture. Sailing over a garden before defeating a thief with nothing but the moral righteousness of an unchained spirit falls into that same catagory for me.
There is no "secret knowledge. It either works, and it becomes science and medicine and known physical laws, or it doesn't and should be consigned to the dustbin of history. This kind of just so story and navel gazing philosophizing falls deeply into the second catagory for me. I've know too many wanna be self help gurus. It becomes an immune response after a while. Basically, it is all BS unless you can prove something or test something.
AhhhTheFrench
We will sell no wine before its time
4d ago
You don't think it is weird that there are now 2 accounts, one brand new, promoting a GeoCities style fringe website no one has ever heard of all in the span of a few days? I mean the whole thing reads like new age woo and that is why it is being dismissed out of hand here.
AhhhTheFrench
We will sell no wine before its time
4d ago
Calling those video's is generous. I must ask, how does one find such things or become aware of youtube slideshows mocking lower class brits? I stumble across weird shit all the time and I am often asked how I found it when I share it to a group chat. I'm honestly just curious how this discovery happened.
AhhhTheFrench
We will sell no wine before its time
4d ago
I was an early evangelizer about the fact that Supersize Me was not a documentary but a farce. It was well known at least in my circle because I wouldn't shut up about it, the guy is puking and gagging from eating a somewhat large McDonalds meal, it was all for show.
AhhhTheFrench
We will sell no wine before its time
4d ago
Most people own a home, so isn't inflation good for more people than it hurts on the housing side? There were plenty of wars before MMT and target inflation numbers, more I would venture to say. What is a "real lender" if not the American people who voted in the reps and president who are wasting money on stupid wars of adventure and choice? Perhaps you're right and deflationary money doesn't cause recessions and depressions, but it tends to correlate with them pretty well. The reasons for that are complex and often it is demand destruction or market failure, not the deflationary nature of the currency causing the issue.
Home ownership is currently at 65% So 2 out of 3 people live in a home they "own". Mostly with a mortgage that is always getting cheaper to pay. It was at almost 70% before home prices deflated in 2009 and really caught a lot of people with their pants down.
AhhhTheFrench
We will sell no wine before its time
4d ago
It was all bad, but I only really know a fair amount about Haitian plantations, I can't speak to those others, but I'm sure they were...not good.
I do mean currencies, since that is what everyone uses. When was the last time you bought something with bitcoin or gold or the deed to your house?
Do you want deflationary money so that it pays to hoard it and do nothing? There is a reason we have target inflation numbers instead of target deflation numbers. What you're talking about isn't the dollar "doing poorly" it is inflation, it is a feature not a bug.
AhhhTheFrench
We will sell no wine before its time
6d ago
Yup, sucks to not be the USA. A multicultural meritocracy mostly doing it right.
AhhhTheFrench
We will sell no wine before its time
6d ago
They are actually most likely coherent in their own beliefs, also categorizing dumb humans in the same way. I would place money down that they don't apply this to stupid fetuses though.
They didn't take it over because life isn't a Machiavellian cynical power struggle. You often do need a casus belli to get your population to do terrible things to another population. Shit, it is a good thing we didn't try to take Haiti, those people suffered under one of the harshest slave regimes the world has ever seen. I normally think generational trauma is bullshit, except for Haiti, it was literally hell on earth and they had to keep importing slaves because the natural birth rate couldn't hold a candle to the death rate on the sugar plantations.
AhhhTheFrench
We will sell no wine before its time
6d ago
You know why the south lost and Rome fell right? Slavery is as bad for the owners as it is for the slaves. It stifles every good thing in humanity and promotes the bad. Most surviving cultures have figured that out.
AhhhTheFrench
We will sell no wine before its time
6d ago
jeroboam is blocking me so I had only your comment to go on. Sorry about that.
AhhhTheFrench
We will sell no wine before its time
6d ago
Bitcoin is a speculative investment vehicle, it has nothing to do with anything. The dollar hasn't devalued by 800000% since bitcoin came on the scene.
AhhhTheFrench
We will sell no wine before its time
7d ago
Can I just post a link to a dollar vs. anything chart without that being considered rude? The dollar is as strong as it has ever been. This was a lot of wasted digital ink.
AhhhTheFrench
We will sell no wine before its time
7d ago
Indeed. I do wonder what happens when a man with a gun becomes worthless in that math problem. It is coming soon. A robo dog will be capable of killing 40 armed men before they can blink inside of this decade.
AhhhTheFrench
We will sell no wine before its time
8d ago
With 2 comments you say this?
It was literally a figure of speech, it wasn't an invitation to treat on religious dogma and for you to tell people they are going to hell for rejecting christ. Which is just rude really.
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