Why Pelosi Chooses Wealthy Homeowners Over the Working Class

[Getin the ring]

Here is what I wrote:

'll bump this one last time. The number one reason for the economic difference between whites and blacks in America is housing. And that was caused by discriminatory laws passed by our government. By the time fair housing laws were passed it was too late. Blacks didn't have the chance to get in on the ground floor like whites did.


I'm not sure what you are trying to argue or your position is here vis a vis the MID

what are you even talking about, the sixties called they want their argument back.
hello...knock knock...wake up it's 2017

 

[cawacko]

what are you even talking about, the sixties called they want their argument back.
hello...knock knock...wake up it's 2017

Aren't you the one claiming to be conservative yet complaining about the gov't taking away benefits from you such as the MID?

 

[cawacko]

You think only rich people take advantage of the tax deduction?

Do you have a mortgage?

Yes. I own two properties the second of which I rent out

 

[Rune]

Yes. I own two properties the second of which I rent out

Could you afford both payments without the MID?

 

[Althea]

Yes. I own two properties the second of which I rent out

So you refuse the tax deduction every year?

 

[cawacko]

So you refuse the tax deduction every year?

Not at all. Why would I? And what's that have to do with what is being discussed?

 

[Althea]

Not at all. Why would I? And what's that have to do with what is being discussed?

So you actively work to keep minorities down?

 

[cawacko]

So you actively work to keep minorities down?

1) your trolling sucks

2) your lack of knowledge of this topic has come shining through


like I said find one economist who argues your position about school funding and needing the MID

 

[Althea]

Here in Anchorage we have housing available to purchase for low income earners. http://www.cookinlethousing.org If you've got good credit, good work history and happen to be a checkout clerk at a grocery store you can buy a house.
Too bad hyper lib places like Portland or San Francisco don't have something like this.

Duh. What do you think the Community Reinvestment Act mandates? Libs indeed.

 

[Althea]

1) your trolling sucks

2) your lack of knowledge of this topic has come shining through


like I said find one economist who argues your position about school funding and needing the MID

Hah. Economists. That's a laugh. Was it an economist who offered this nugget from your OP?

The MID was supposed to encourage homeownership. But it’s done the opposite. The MID encourages people who were already going to buy homes to spend more.

So...your position is that people will buy a home they have no way to pay for, solely to get a bigger MID?

My trolling sucks? You made the claim that the MID is racist in nature, so by extension your actions make you a racist. You suck the blood from low income renters just so you can take a tax deduction.

OK genius....what would you charge for rent if you lost your MID, compared to what you charge now? Do you pay school taxes in California? What do you do when they go up every year? Do you adjust your rent? What about when your property taxes go up? Do you eat the difference, and keep your rent the same?

 

[cawacko]

Hah. Economists. That's a laugh. Was it an economist who offered this nugget from your OP?

So...your position is that people will buy a home they have no way to pay for, solely to get a bigger MID?

My trolling sucks? You made the claim that the MID is racist in nature, so by extension your actions make you a racist. You suck the blood from low income renters just so you can take a tax deduction.

OK genius....what would you charge for rent if you lost your MID, compared to what you charge now? Do you pay school taxes in California? What do you do when they go up every year? Do you adjust your rent? What about when your property taxes go up? Do you eat the difference, and keep your rent the same?

How about you show anyone who has made the argument you have regarding school funding and the MID. Do you think no one has ever thought of it?

Pretty interesting you're supposedly a liberal but are upset at a liberal calling for a repeal of a tax benefit that goes mostly to the well to do and to white people.

The MID distorts the market and inflates property values. My values would take a hit. I can't complain about other corporate welfare if I'm not willing to give it up myself.

 

[Althea]

How about you show anyone who has made the argument you have regarding school funding and the MID. Do you think no one has ever thought of it?

Pretty interesting you're supposedly a liberal but are upset at a liberal calling for a repeal of a tax benefit that goes mostly to the well to do and to white people.

The MID distorts the market and inflates property values. My values would take a hit. I can't complain about other corporate welfare if I'm not willing to give it up myself.

When you grow up, you'll start to think for yourself and not rely on the opinions of economists. Was it an economist or not who made that moronic comment I quoted above?

I don't care who does or doesn't make the same arguments that I do w/respect to the validity of the MID. It's a valid point, and nothing you say can possibly make this about race.

And I'm not a liberal, but you aren't very astute.

 

[cawacko]

When you grow up, you'll start to think for yourself and not rely on the opinions of economists. Was it an economist or not who made that moronic comment I quoted above?

I don't care who does or doesn't make the same arguments that I do w/respect to the validity of the MID. It's a valid point, and nothing you say can possibly make this about race.

And I'm not a liberal, but you aren't very astute.

There's a nobel prize waiting for your discovery. Congrats

 

[Althea]

There's a nobel prize waiting for your discovery. Congrats

Still avoiding the idiotic comment from your OP that claims people are buying homes they cannot possibly afford, solely to get a bigger MID?
When will you weigh in on that lunacy?

 

[cawacko]

Still avoiding the idiotic comment from your OP that claims people are buying homes they cannot possibly afford, solely to get a bigger MID?
When will you weigh in on that lunacy?

I didn't make that point nor did I argue that point

 

[Althea]

I didn't make that point nor did I argue that point

You offered it as fact. Then you argued the merits of that idiocy. Making some silly claim that the MID inflates property taxes. Why? Because people will pay more than market value just to get the MID? That's insane.

 

[cawacko]

You offered it as fact. Then you argued the merits of that idiocy. Making some silly claim that the MID inflates property taxes. Why? Because people will pay more than market value just to get the MID? That's insane.

Show me the post where I said anything about it.

And who said anything about paying more than market value to get the MID? That makes no sense.

You're argument was it will reduce home values and thus property taxes and schools would be hurt. That's what doesn't make sense.

 

[Althea]

Show me the post where I said anything about it.

When you offer the claim in your OP, you support the data within.

And who said anything about paying more than market value to get the MID? That makes no sense.

You said it inflates property values, because you evidently agree with the idiotic comment I've been referencing. You can't make the case that the MID inflates property values.

The MID distorts the market and inflates property values

You're argument was it will reduce home values and thus property taxes and schools would be hurt. That's what doesn't make sense.

What doesn't make sense, is that you started a discussion that you clearly don't understand.

I never said anything about reduced values of anything.

 

[cawacko]

When you offer the claim in your OP, you support the data within.

You said it inflates property values, because you evidently agree with the idiotic comment I've been referencing. You can't make the case that the MID inflates property values.



What doesn't make sense, is that you started a discussion that you clearly don't understand.

I never said anything about reduced values of anything.

One can post an article without having to agree with everything in it. But being obtuse is your M.O.

A simple google search and a little research would show that the the M.I.D. does increase values.

I've worked in the real estate industry for 25 years. I have no idea your background or experience but clearly you have a very high opinion of your knowledge of real estate.


https://www.forbes.com/sites/jeffre...-is-pure-rent-seeking-so-end-it/#77990cf4b6ec

 

[cawacko]

When you offer the claim in your OP, you support the data within.

You said it inflates property values, because you evidently agree with the idiotic comment I've been referencing. You can't make the case that the MID inflates property values.



What doesn't make sense, is that you started a discussion that you clearly don't understand.

I never said anything about reduced values of anything.

From the liberal Slate:


""The mortgage interest deduction is a deeply flawed piece of policy that has inflated housing prices without expanding ownership much if at all and should be reformed.""


http://www.slate.com/blogs/moneybox...can_tax_plan_really_will_hose_homeowners.html