Tax revenues generated during the draft should have dwarfed whatever was spent to get ready to host it. The same goes for the World Cup games.

Here's the problem with corporate greed. After a year plus of people selling houses at over-inflated prices because it's a seller's market, mixed with inflation in that market and a ridiculously high interest rate, you get the run-off going to people who didn't sell their houses during that time to pay for the companies who told the people their houses were worth $100k more than what they were this time last year. Eventually Uncle Sam is going to get his.

We bought our house for $340k in 2020, in the last year someone told us it was worth $452k all of a sudden and at that particular time we probably should've sold, but now it's worth $472k on Zillow and $495k through Bank of America's estimator. I haven't changed anything in that house, haven't even painted the walls, same kinda gross carpet that needs to be replaced, same boring beige colors that we just settle with, but everything is the same, just added a fence and replaced a garbage disposal that was leaking, but some idiot now says my house is worth $100k more plus than what it was almost three years ago. Someone got rich off new loans, with high as hell interest rates, off existing property by creating a demand and driving up home buying during and after the pandemic. Just another scheme to come out of that time period that some margin of people get screwed out on. Banks, lenders, mortgage companies, whoever you want to blame, follow the money and you'll see who really screwed you over. The stupidest argument I've heard yet is someone saying, "Well the supply chain and building material costs going up." On an already built house? Where the only thing to sign a terrible new loan that you need is paperwork, people's time and a pen? I love how we don't know who is really screwing us, or they're such good con-artists they made sure they could get away with it without legal repercussions. As soon as they told me what my house was worth, I'm like, "That's not right." If it's too good to be true, it always is. Members of congress, Republican or Democrat, and news outlets, you want to actually get a win for the American people, unearth this scheme and where that money is going.

Supply chain issues, higher quallity, low rates , and labor shortages drove up the price of new construction. The inability to afford a new home forced 1st and 2nd time homeowners back into older neighborhoods, so DEMAND, not materials forced the prices of existing homes up as well as new. The only way most buyers could tolerate older homes was to completely renovate them into "farmhouse/industrial", and that is where materials and labor shortages showed up in existing neighborhoods for thos unable to do the work themselves. As far as "ridiculous interest rates" go, in the 90s when I originated my first loan, rates were at 9%, but around 1981, my parents were both in the mortgage business and rates hit 18.63% for 30-yr conventional...sort of redefines "ridiculous".

Video at link

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Many at Saturday&#39;s protest said they have started the appeals process but that it’s simply not enough to fix the larger issue. <a href="https://t.co/kEeiNRLMhO">https://t.co/kEeiNRLMhO</a></p>&mdash; KCTV5 News (@KCTV5) <a href="https://twitter.com/KCTV5/status/1678045105171603458?ref_src=twsrc%5Etfw">July 9, 2023</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Jackson County homeowners gather for protest on property tax assessments

Hey dumbasses, you don’t have shit in your neighborhoods because you’ve been paying dick for taxes for years. It’s not rocket surgery.

What does "you don't have shit in your neighborhoods" mean? Are you suggesting that every homeowner has a desire for tennis courts, walking trails, and off-leash dog parks? Exactly how many thousands of dollars year do you feel is the right amount of property taxes?

Yes, they are overpriced. Know one of the reasons why?

What percentage of homes being built are starter homes for young couples.? Next to nothing.

A buddy of mine was the Super on building a subdivision South of the city, for a company owned by Blackrock. They aren't for sale, they're for rent...at $2500 a pop.


Land doesn't go up in value, but greed does.

I'd say the one thing that ****s it up is the amount of money banks are willing to throw at people, which drives up the number of people looking in a certain price range, which in turn ****s with demand.

Yeah, on a 25 year old $150k home, I bet inflation alone moves the needle well over $200k if not $250+, much less market demand... and as you said, the house is only worth what people are willing to pay for it.

Yet, many people may not be willing to pay $350k until someone who's supposed to know what the hell they're talking about tells them oh, you can afford way more house than $275! And suddenly they're trying to outbid 5 other people who should also never be looking in that price range.

(unlike Arizona where rich California assholes offer cash way over the asking price, and drive up prices. :cuss: )

Land doesn’t go up in value might be the dumbest thing I’ve ever read on here. Land is a finite resource. As supply shrinks, prices/value increases. It’s almost like you’ve never studied economics.

Read the article. That’s what they are bitching about.

I’d like to commission an art piece from you.

I want to pay your 1992 rates you charge.

Thank you.

Stevie is stuck in 1972.

I see...I thought was the same article from last week. That was one person's quote, that hardly represents the crux of the matter or the sentiments of Jackson County residents as a whole.

so they say.

I'll be at the next protest with my let's go Brandon shirt