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rents

tarheel-leftist85's picture

Parasitism and Pooling

[I'm leaving this sticky because I've been struggling for months with a massive theory of everything on the market state, and this discussion is useful to me. So feel free to stretch out with theories in comments! --lambert]

[I'm stickying this because the thread this comment came from was terrific, and because the writer is combining a lot of ideas in a very concise way -- and his grandma bought in! Hard to argue with that... Also, I like Theories of Everything, which this post is. --lambert] Read below the fold...

Obama's answer for struggling homeowners: "Just rent"

Not having the intestinal fortitude to tolerate a "Facebook forum" with Obama, I missed this response. Comment by a blogger caught my eye;
http://binquick.blogspot.com/
"some people should just rent"? (When really, the outcome of ALL Versailles' policies is that ALL the "little" people will be renters, of everything.) Interesting that the truth slipped out, there. Gah. Read below the fold...

Thread: 

You bought it, you may not own it, & now pay others when you sell it

Just when you thought the housing market couldn't get any more screwed-up and stacked against the home owner, it seems developers with the help of Texas (now New York) based Freehold Capital Partners are linking private transfer fees to new houses :

Freehold Capital Partners, a company started in Texas, is selling developers across the country on a plan that would attach a private transfer fee to homes, allowing developers to profit for generations.

Read below the fold...
lambert's picture

Calling all Austrians: Money is not a bright, shiny object

Via Big Picture, this fascinating graphic, originally published in, of all places, Popular Science, is making the rounds. Check it out (unless you're a member of the Austrian school, in which case you can go directly to jail in the note at the end of this post). Read below the fold...

Valhalla's picture

Rentsfest!

dakinikat at TC has the lowdown on new credit card company practices designed to evade the few restrictions Congress has seen fit to impose:

Stupid Banker Tricks Read below the fold...

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