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Author Topic:   Why is Phat not gloating about the sudden inflation "field"?
Suspended Member (Idle past 49 days)
Posts: 2236
Joined: 12-22-2015

Message 1 of 3 (889960)
12-18-2021 12:51 AM

(The "field" part is a joke. This is a science site, after all)

Lincoln is a shit pile for the poor. Housing speculators have ruined the city. The vultures have swooped in from around the country, and have bought up every single (previously) low-priced house they could get their greedy hands on. A house gets bought for $90,000 in September, it is then back on the market for $115,000 in December. A year ago, people were buying houses for $100,000 then charging $125,000 a month later. Often, only a cosmetic tweak (like a laid rug ) was the difference.

I saw houses get bought by one out-of-state speculator, then sold to a secondary speculator.

This is what happens when your state goes through the pandemic with the lowest unemployment in the nation - every step of the way.

(Lincoln was just reported to be at 1.1% unemployment, but I thought it was closer to 4%. Nebraska is at 1.8%. Both are historical records for all places, at all times.)

The speculation started about 18 months ago.

My solution:

(This is an old position, of my own, but it is clearly stamped "necessary")

Make it a law that you cant own a residence unless you live in it for at least 90 days a year.

No exceptions. No exemptions.

Edited by LamarkNewAge, : No reason given.

Edited by LamarkNewAge, : No reason given.

Posts: 3959
Joined: 09-26-2002

Message 2 of 3 (889961)
12-18-2021 2:24 AM

Adminnemooseus rejects topic
I've had enough LamarkNewAge rants.

Other admins may feel otherwise, but I'm not moving this to the Coffee House.


Or something like that©.

Replies to this message:
 Message 3 by LamarkNewAge, posted 12-18-2021 2:50 AM Adminnemooseus has not replied

Suspended Member (Idle past 49 days)
Posts: 2236
Joined: 12-22-2015

Message 3 of 3 (889962)
12-18-2021 2:50 AM
Reply to: Message 2 by Adminnemooseus
12-18-2021 2:24 AM

Re: Adminnemooseus rejects topic
Phat has been farting about inflation for a while now.

Economists used to say that any unemployment rate under 5% spelled inflation.

It is about 1% in my city of 300,000 people.

And there is, indeed, inflation.

Why is Phat, now, refusing to phart out loud?

This message is a reply to:
 Message 2 by Adminnemooseus, posted 12-18-2021 2:24 AM Adminnemooseus has not replied

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