I have been in Real Estate in all positions, agent, investor, landlord, Builder (invest in specs), Owner. Know the industry well. Ownership of the land creates wealth IN MOST cases. And yes IRRESPONSIBLE ownership of DEBT creates Poverty.
Replies
Yes, of course you have, honey. You capitalize random words just like your president.
may 16, 2025, 2:51 pm • 0 0 • view
Not MY president. I think He is a crook and a thief and illegitimate. Pendulum thinking makes people as dumb as the marbles in the pendulum
may 16, 2025, 3:57 pm • 0 0 • view
lol
may 16, 2025, 4:05 pm • 0 0 • view
Example Grandma bought a house in a regular area in 1970 That house is by now paid off. She no longer has that expense and is leaving generstional wealth because in time even with ups and downs that asset has outpaced inflation.
may 16, 2025, 1:37 pm • 0 0 • view
No, it's causing inflation, because housing is people's single biggest expense.
may 17, 2025, 12:11 am • 0 0 • view
It is not in society's interest to create a landed gentry class that can inherit real estate tax-free. That asset needs to be heavily estate and property taxes and the revenue used to reduce taxes on workers.
may 16, 2025, 1:40 pm • 40 1 • view
Incredible admission. Wall.
may 16, 2025, 2:38 pm • 1 0 • view
I forgot to say also lived in a bedroom of a family member when I came with $20 in my pocket at age 33, Slept in a run down cockroach Studio in an inflatable mattress in Miami, Driving a clunker. Yes I HAVE been on all sides. Thats is WHY i am for Affordable Housing and understand others POV
may 16, 2025, 3:54 pm • 0 0 • view
Yea good job learning nothing from poverty and becoming a member of the oppressor class.
may 16, 2025, 6:05 pm • 0 0 • view
Oh you're a shill for your industry and can only understand the world through that which makes you money. Thanks for the clarification. 'In most cases' ...
may 16, 2025, 2:46 pm • 5 0 • view
? Sorry I dont see knowledge of the Industry as a bad thing. I remember reading this book back in the early 90s It is still as relevant now a.co/d/0CAyNCL
may 16, 2025, 3:50 pm • 0 0 • view
Way to miss the point yet again. But keep grifting so you can make money.
may 16, 2025, 5:30 pm • 0 0 • view
Now I have the worst scum tingles. You're a landlord trying to jam capitalism down my throat. What an absolute creep.
may 16, 2025, 5:33 pm • 0 0 • view
Again you dont even try to read and already have an opinion. This is EXACTLY what the maga people are, they without reading, without facts spew all kinds of crazy getting outraged by the opinion of people who also didnt read. The book is really good and not written by an american.
may 16, 2025, 8:02 pm • 0 0 • view
Actually points out how the Native Americans were robbed of their land, and how land ownership was turned into capital and leveraged to create generational wealth. Written by a Peruvian worldjusticeproject.org/about-us/who... He is actually what we would consider a Progressive
may 16, 2025, 8:07 pm • 0 0 • view
You know what the MAGA people actually do, they don't read the comments made to them and they keep talking and call people dumb for not wanting to follow the jangly keys.
may 16, 2025, 8:44 pm • 0 0 • view
You want to flaunt your career, instead of taking a hard look at reality the societal good of home ownership has been taken over by corporations buying houses and changing neighborhoods. That repairs and updates are more and more expensive. But sure things were great in the 90s. 30 years ago.
may 16, 2025, 8:44 pm • 0 0 • view
Seems to me that because the book is written in the 90s you think the book is about the 90s economy... Its not.
may 16, 2025, 9:59 pm • 0 0 • view
What's jamming capitalism down your throat is that the Wall fell, and it was glorious, and just about nobody wants it to come back.
may 16, 2025, 7:57 pm • 1 0 • view
How do people not know @alonlevy.bsky.social brings facts
may 16, 2025, 9:09 pm • 0 0 • view
I am not talking about communism. I am talking about how capitalism keeps finding a way to exploit people's labor and scam them out of the money they do make. This dude wants you to buy houses or else his entire life is a lie But go off and make up things you think I am saying.
may 16, 2025, 8:27 pm • 0 0 • view
No, you can elect to read or not. But you are just judging the book because it says " Capitalism " And that is like not liking Robert Reich's "Saving Capitalism" . Socialism and Capitalism are not bad words. Its the way Corporatocracy in one case killed Capitalism and Communism killed Socialism
may 16, 2025, 9:57 pm • 0 0 • view
Oh I didn't realize you are this slow. I know you want to show off your career and use the buzzwords. Also your mind reading skills. However how does this help me with the fact that you are shilling for the industry that you work in. I reject your premise about home ownership.
may 16, 2025, 10:04 pm • 0 0 • view
Well. When I posted initially it was about people making comments and getting outraged by the comments without reading the guys statements so this is pretty much entering the rabbit hole. My point on this part though refers to him using a GenZ POV in his area. I am not selling or peddling anything
may 16, 2025, 10:14 pm • 0 0 • view
My pinned Post is from Robert Reich so if you or anyone think that I dont subscribe to his view of Capitalism is not understanding one bit where i am coming from. I have been called Commie too so being called to cozy up Fat cats is just part of the pendulum mentality many people have
may 16, 2025, 10:18 pm • 0 0 • view
Yes, ownership of assets generally creates wealth, but I get the same from renting and passively investing my money. It's not really a matter of responsibility - my wealth shrinks if there's a recession and so does a homeowner's, but mine is resilient to local shocks and the homeowner's isn't.
may 16, 2025, 1:36 pm • 8 0 • view
I dont disagree. I, as a father of a Gen Z, and 22 years of experience in RE in the USA and 10 more abroad. I told him to rent not buy in the current market, unless he makes money enough to buy a multifamily asset where you live on one side and rent the other, but cant so no, go rent i said
may 16, 2025, 1:40 pm • 1 0 • view
Yes, and the candidate who is being ratioed severely above wants this not to be possible for him.
may 16, 2025, 1:42 pm • 6 0 • view