No. of Recommendations: 0
See - yet another example how Liberal professionals and Campus Bred Pukes haven't seen the ball since the kickoff.
https://www.masslive.com/politics/2024/07/mass-sen...Lizzy wants to spend $500 BILLION dollars in the name of "building or rehabbing" homes that are affordable.
If you divide those two numbers, that is about $167,000 per home @3 million new units. So I ask you....
*Are there lots of houses for sale for $166,000 in the Seattle area?
*I've been trying to buy rehab homes in metro Atlanta - and the one I was closest on money-wise I offered $200k for last year, it does for $225k. It needed about $100k in work. So that was a total project cost of $325k - if *nothing* went wrong with the rehab...and oh, that doesn't include 10 months holding period.
*Dope - do you feel the government can rehab homes quicker and cheaper than a private company, or a small Joe like me investing hard earned savings with hopes of a quick profit?
*The General Contractors, HVAC dudes, plumbers....we know they are a transparent and honest bunch. Think the government can make them work on schedule and in budget and would their estimates be cut rate when an oh so qualified government employee is overseeing it?
Of course, it lowers rent by 10%.....for renters because eventually 3,000,0000 government built homes for $167k per unit will be constructed which is good. Because we thankfully don't have that ugly nasty "Beaver Cleaver" life where people eventually marry, maker plans to live within means, play vital roles in bringing up a family...hence yes, many need rent assistance.
BUT if I'm a renter, what do I do while the government builds 3,000,000 homes - for $167k a unit? How long can I wait? And when it finally happens, and I save $180 a month on my $1800.00 rent.....is $180 per month to send my girlfriend's son to Yale?
You know more than me, hence I ask......where's them FAMILY units I can buy turnkey, OR buy and own for $167k INCLUDING rehab?
On a side note if Harris wins and gets Senate approval .....this could be fun for some.
PS: I wonder if the Estate Taxes will be paid by the truly wealthy? Or will Club 401K be willing to have their 401K's tithed?
