Just Me

@RyanBoyko81 @mattyglesias And who wants to live in apartments or condos? So back to my point, a smaller house is not cheaper enough to justify downsizing from a financial perspective.

@Gfs99999 @mattyglesias Well most 1000 sqft places are apartments/condos or townhomes so you’re sharing the cost of the land. But yes I worked hard, founded/built a company, & ofc like everyone had luck and help along the way.

Seniors are wealthy on average. It’s true that a lot of this is unrealized home equity gains but there’s nothing wrong with people realizing those gains, downsizing, and freeing up bedrooms for younger families. slowboring.com/p/seniors-aren…

@vasalex93 @peaceseller @mikesimonsen Nonsense! Btw, where are these “lower” property taxes that are making buying harder??

@peaceseller @mikesimonsen Biggest barrier new families have is the purchase price due to downpayment. Not the monthly payment. Lower property taxes increases the value of the property, making it more difficult for first time buyers to buy.

The argument against getting rid of property taxes is NOT that other taxes go up. The reason not to get rid of property tax is that it will make housing less affordable!

@HomeLoanBill @peaceseller @mikesimonsen You think giving the government more money to waste and steal is the solution to housing affordability? Seriously? Maybe your high taxes make people not want to buy there driving down prices, you know, free market shit!

@peaceseller @mikesimonsen Illinois has some of the highest property taxes in the country, and also some of the cheapest homes in the country. When rates went from 3% to 7%, the increase in our monthly payments was a fraction of what most states dealt with.

@mikesimonsen @peaceseller @DruidofNecro Lol, you must be a millionaire holding property after property. The majority of us have exactly ONE home (whether it be purchased or rented)!

@peaceseller @DruidofNecro The data is very clear on this. In California you never sell because it's so cheap to hold. In Texas, you are incentivized to resell and not less real estate because the holding costs are higher. You can measure this in inventory per capita. It's very clear. Very obvious.

@mikesimonsen @peaceseller @DruidofNecro No silly, we have chronic shortage because the idiotic government makes building too hard and expensive not because people aren’t forced out of their homes by absurd tax increases! BTW, CA property tax on a new purchase is not lower than most so pfsst to that claim too!

@peaceseller @DruidofNecro Lower taxes decreases supply because it encourages hoarding. In California we have chronic shortage of inventory because of ultra low property taxes.

@DruidofNecro @peaceseller @mikesimonsen So, you’re for forcing people to sell their homes because of the governments desire for more money (they will inevitably waste or steal), tells me all I need to know about your opinion.

@peaceseller @mikesimonsen People dont sell property when they pay low property taxes. This reduces supply

@expla1n2 @peaceseller @mikesimonsen That’s silly, not if there is ample supply. They might buy a bigger or nicer house but so… oh wait, better they give that money to the government, because they do such a great job with it!

@peaceseller @mikesimonsen Lower carrying costs results in increased asset values.Peoples monthly budget doesn’t change.If the prop tax cut reduces their prospective payment by $100, they’ll just bid the price higher to their maximum monthly budget.The result is a higher price and the same monthly payment.

@RyanBoyko81 @mattyglesias First, it must be nice to be so well off you live in an 8000 sqft home, many of us aren’t that lucky. Where I am a 1000 sqft home isn’t that much cheaper than a 2000 sqft home, the cost is in the land not the building and 1000 would likely be too small anyway.

@Gfs99999 @mattyglesias It’s so weird that I can find massively cheaper 4000 sqft homes than my 8300 sqft home and I can find massively cheaper 2000 sqft homes than the 4000 and massively cheaper 1000 sqft apartments/condos than the 2000 in my high housing cost, low new building area.

@mikesimonsen @Woningnieuws How will you have more money when you retire and have no income?

@Woningnieuws In general, the asset price now is a function of the long term cost. If the long term costs go down, that spurs demand now and drives prices up now. For housing, imho, better to have lower entry cost and defer the tax costs to the future when you have more money.

@mikesimonsen That’s idiotic!

@langwiser @CharlesGoyette Um, you can go now…

@CharlesGoyette No we can’t but social programs might need to be revised but not gotten rid of totally as most right wing people have sought since Reagan. We need a big revision of the tax code as well as break up companies who have too much power. The lack of competition has killed innovation

"We'll grow our way out of it." They've been saying that for years. (see below) No we won't. We'll print our way out of it. $39 trillion in visible debt. Trillions more in hidden debt. Zero chance - ZERO! - that we will grow our way out of it. Congressman Jack Kemp, 1988: "I want to suggest here tonight that we can grow our way out of the deficit." Senator Rick Scott, 2023: "The dirty little secret in Washington is this – we can grow our way out of debt, and we can protect Social Security and Medicare at the same time." Treasury Secretary Scott Bessent, 2025: "We can both grow the economy and control the debt... If we change the growth trajectory of the country, of the economy, then we will stabilize our finances and grow our way out of this."

@CharlesGoyette Well you sure as fuck won’t cut your way out (not to say we shouldn’t cut the spending to reverse the ever growing debt but not likely we’re paying of 40trillion with cuts!), so then how will we?

@NormOrnstein Neither does the SAVE act, so there!

Did they ask you for a passport? Which costs $165.

@DrNeilStone No silly, that argument presumes you were going to jump out of the plane either way, news flash, you weren’t!

A new parachute design comes out Should it be tested to compare it against a) The old parachute design b) No parachute at all Now do you see the problem with demanding placebo controlled trials for every vaccine??

@cheryl_kernot What in their ‘fair share’?

He still believes in trickle down despite the overwhelming evidence to the contrary. Just paying a fair share is all that is being asked.

@dnwiebe @mitchellvii You misspelled politicians!

@Gfs99999 @mitchellvii Don't worry, I won't be voting for any Democrats. If the Republicans had gotten anything done in the past two years, I might well vote for them; but of course they haven't. Of course not. They're Republicans. Republican Are Useless.

Here's a simple question not one Democrat on this platform can answer. Why should I vote for a Democrat in November? ** Only role is you can't mention Trump in your answer.

@Curjebsbsh63737 @mtntallpaul I agree, how can you be so stupid!

@mtntallpaul My god, how can someone be that stupid. You said it yourself that one of government's job is to build infrastructure. Isn't building infrastructure improving people's lives?

Fedir apparently thinks the US Government exists to improve people's lives. Fedir hasn't read the Constitution or doesn't understand it.

@DerekPederson3 And then there are divisive shitheads like you!

Never vote for a Republican who says this. It's unbelievably dangerous and destructive. They want rich boomers to steal money from hard-working young people to punish them for supporting socialism and left-wing cultural politics.

@dnwiebe @mitchellvii So not even one reason, why am I not surprised…

@mitchellvii Maybe you don't want to go there. Because: why should anybody vote for a Republican in November? The only rule is that you can't say "Because the Democrats..." See? Republicans Are Useless.