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Kong
Michael Bordenaro
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Comments by "Kong" (@Koushi82) on "Michael Bordenaro" channel.
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@hoppeanofasgard1365 unless you build it yourself
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And idiots wanted higher prop values you now lay in the bed you wanted.
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complain about property taxes when house prices go up? like duh? if landlords didn't know yet it is suppose to be at most 3x median household income for 1500 sqft for a reason just dont even bother
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@andrewgleason645 basically 75%-90% of them. they cant even afford prop taxes and insurance because prices are too high because its not just mortgage rates they think it is...oops?
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income taxes are a scam
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@JKBelle income taxes are a scam is absolute theft and not used for those things
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Best time to get rid of housing was yesterday do not rent or buy. Van life and make money then buy land elsewhere. Build ignore all markets until you can at least do this
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Prop 13 income tax payers being stolen from by property owners.
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So ai to steal not maKe things more efficient or cheaper Sounds like wall street I hope anyone that uses at goes bankrupt.
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Too bad that's commercial real estate eg long term hotel
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And so do vacancies deal with it land lord
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this is why it is important to get ahead of the problem. do not over pay what you cannot afford to look good. it is far better to be homeless than pay everything to rent. you still need to eat and medicine. in war do you have shelter or good shelter? no you deal with minimal shelter and your priority is food surviving.
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Been telling people that already. I found ways for producing water and energy off grid easily already now sewage to comply with counties might be an issue. Then if states send troops to collect that's another issue. Gotta see how tyrannical the states are for building cheaper houses on land that you own
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Remove income taxes and do land value taxes
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@TiredOfImbecileLibtards and income tax is theft on wealth creation. no income taxes before no property taxes first. priorities. once income tax is removed we can talk about no property taxes. once that is done replace prop taxes with georgism land value taxes instead no tolls should be done either waste of time and money and harrassing people.
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they are just using algorithm ai on housing market to pump their leverage assets to get more leverage. wow this is so fuked up just like the market makers making prices what they desire not what they are worth. all by design to steal and trick people to buy overpriced crap they shouldn't buy
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@MereAYT correct which is why georgism is the answer to tax laws and removal of income taxes. the rich and landlords hate georgism because it mainly taxes the wealthy and not the poor and those that produce wealth. instead wealthy want sales tax. I'm ok with both land value taxes and sales taxes if they remove income taxes
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Prop 13 fuked the market up as a result the 2 m house taxes at 200k
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just buy a trailer/rv/van/suburban covert it and live in it
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High property taxes are from Cartels use them for money laundering and wealthy use them to borrow money to buy stonk instead keeping them empty instead of renting them out. All by design
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should be a sqft tax and land tax.
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because the illegal income taxes passed using illegal means cannot pay for all their expenses now and they cannot raise it anymore people people are paid dirt while houses are the only things going up in value and they need some form of wealth extraction. no you cannot pass anything over to income taxes because no one making any money at this point since all of you pushed asset prices sky high already. deal with it and borrow from house then default.
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@theambiguoustruth8167 until they pass a amendment like they did income tax
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@theambiguoustruth8167 watch they will income tax pays nothing now because people make nothing from wages. they will need a new source of revenue and the only last place to go is property and since income pays nothing you cannot pay it for shit.
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Basically the ones that took the ppp loans that bought houses better pay in n out wages then because they jacked the price of rent and everything up eg the elites that took federal reserve and free money are the ones that should be paying but won't. The aim. Was always to steal
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@Ostro1980 we shall also vote for property tax increases and remove nimby laws. as more and more rent or van life owners will be forced to let us build
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@ebutuoy5088 not enough to compensate for higher prices with higher insurance and higher prop taxes am I right? you probably need -10% basically pay us to take the loan to buy a house to pay for insurance and prop taxes that are 2/3 the cost of owning the house built into the mortgage. besides maintenance and HOA even all determined by price. all house pumpers are so delusional.
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lets remove income taxes and only do prop taxes until it crashes then remove prop taxes and do land value taxes
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And developer in cahoots with cartel money that's what happens in Miami and other big cities
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too bad you own 2 houses pay your taxes. empty houses are a bain on the local community with you offering nothing of value for the 60% of the time.
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I'll give you 50k especially if gov won't lower prices Condos are basically worthless
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Protest income tax bill instead
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no one saving cash they holding gold silver btc stocks just not anything in banks that are untrustworthy anyway.
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because they are so over priced and local populations do not support the prices as a result the prices are all fake. and actually a huge liability. if prop 13 was not bailing out the leeching landlords and owners they would scream. instead income tax payers paying for their house appreciation not because they deserve it. they are stealing from income tax payers instead and stealing way too much.
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Property tax is a function of property values It means it's over valued if you cannot afford prop tax.
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Sleeping in vans instead 🤣
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Tell them to live in their cars. That will make it worth it else they should default
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That discounts are regular price. They price things 100% more than the value so why bother
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A few things manufactured house is a depreciating asset because you do not own the land because a house is similar to a car because it's a depreciating asset. People want the land and infrastructure in the area not your house Your house is worthless. No one cares about your house. So manufactured house you need to also pay the lot fee. Meaning rent. Worthless basically.
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even doing that and cutting all that you still cannot afford to pay rent or buy house.
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U mean income tax abuse
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Basically graham Stephan sponsored
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As we said never buy mobile houses the house itself is always worthless the land infrastructure is what is valuable not the house
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