Comments by "Kong" (@Koushi82) on "J.P. Morgan Issues TERRIFYING WARNING: Trump Housing Market Doomed" video.

  1. All because property values are overpriced
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  2.  @jessiesheldon-huffey1824  yeah and you dont really make any income when income taxed and you cannot deduct rent and living costs if you do then there is no income from working in fact it is negative.
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  3. We need house prices to drop by 50% no questions need a reset without bailouts. Sorry to say tax and insurance related with property value drop the value of you want lower taxes and insurance
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  4. Local issue remove income tax before property tax. And also income tax payers have been subsidizing property owners also it is.
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  5. @ well tell everyone to stop demanding federal intervention when its local. they bought property in a shitty location. sell the house and move since its over priced.
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  6.  @brickmason26  this i can get behind. I wanted georgism with exemptions based on sqft of course 500 sqft is exempt per person living there not based on age. 1000 for 2 1500 for 3 for the house and land of 5000, etc. but if you want to make it age based 1000 sqft for 1 for 65 i can deal with. for land only i would only recommend at most 1 acre and at least 5000 sqft being exempt. but most cannot even afford this or they bought too much land they shouldn't own because they dont use it anyway but just buying it to keep forever and nimby lock people out. i will never support landlords forcing nimbyism they can all go bankrupt. ownership of land is not yours because you ask the gov to defend your land rights. with that comes a cost of mafia racket as always.
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