(11-11-2025 01:02 PM)rath v2.0 Wrote:  Often people do this with another LLC or corporate entity as the member. We did that with our family's lake property.

You can't prohibit corporate ownership. Won't work legally. Have to come up with another solution.

Taxing is the only thing that would possibly work and even that would be an administrative mess to verify and enforce.

Well, crap. Back to the drawing board then. lol

Good getting either party to block corporate entities from owning single family homes at any level even if the government could legally. Both parties are bought and paid for by those investors and they'd make sure that it could not get enough support among our legislatures.

(11-10-2025 06:52 PM)Marc Mensa Wrote:  i’ve seen reports showing 1/3rd of all home sales in the US are by institutional investors, thus diminishing supply, jacking up prices, and turning potential buyers into renters. Shifting to 50 year mortgages is going to continue to artificially increase prices & deprive home buyers of ever generating equity. Why not just impose limits on institutional investors?

I agree…. eliminate the institutional investors. I however see the 50 year mortgage as a way to get young people into homes to build equity versus paying rent. Once equity is built they can refinance into a 30 or 20 year mortgage.

Jim you missed my post earlier...on a 50 the only way equity is possibly built in first couple decades is increased property value (offset by increased taxes and insurance, etc). Almost zero principal gets paid down. If property values flatten, you have people as indentured servants to banks.

And with the bump in interest rate, there is almost zero incentive via lower monthly payment.

It all feels nice until you think it through.

Why can't we just do the Socialist thing and give everyone a house?

(11-11-2025 12:37 PM)shere khan Wrote:  

(11-11-2025 12:26 PM)BartlettTigerFan Wrote:  

(11-11-2025 11:53 AM)Roxie Wrote:  So you have me on ignore but won't leave me alone.

Whose sock puppet are you?

Prob from the org. 50 posters, 5 people

By George!

(11-11-2025 01:04 PM)mlb Wrote:  Good getting either party to block corporate entities from owning single family homes at any level even if the government could legally. Both parties are bought and paid for by those investors and they'd make sure that it could not get enough support among our legislatures.

Im pretty sure this would have to be at the local level. Changes to zoning laws perhaps for residential development. I know our HOA has legal language to prevent renting or ownership by investment groups.

Sent from my SM-S928U using Tapatalk

(11-11-2025 01:22 PM)BartlettTigerFan Wrote:  Why can't we just do the Socialist thing and give everyone a house?

When the capitalist solutions to this problem are absolutely nothing it makes people view socialism a lot more positively. The way to make socialism not be a thing is capitalism has to actually deliver for people.

(11-11-2025 01:36 PM)maximus Wrote:  

(11-11-2025 01:04 PM)mlb Wrote:  Good getting either party to block corporate entities from owning single family homes at any level even if the government could legally. Both parties are bought and paid for by those investors and they'd make sure that it could not get enough support among our legislatures.

Im pretty sure this would have to be at the local level. Changes to zoning laws perhaps for residential development. I know our HOA has legal language to prevent renting or ownership by investment groups.

Sent from my SM-S928U using Tapatalk

Planned unit developments are easy to address if the developer wants to build into declaration of restrictive covenants. HOAs can spend to amend restrictive covenants if they want to. (Not all do). Some will even if it's just to qualify for FHA loans for purchasers since there are rental percentage limits for communities.

The vast majority of non-PUD homes are a different story. Institutional investors jumped in after the market crash of 2007-09 that was in part due the government puah to get people into home ownership. It's hard to put the toothpaste back in the tube.

(11-11-2025 02:08 PM)b0ndsj0ns Wrote:  

(11-11-2025 01:22 PM)BartlettTigerFan Wrote:  Why can't we just do the Socialist thing and give everyone a house?

When the capitalist solutions to this problem are absolutely nothing it makes people view socialism a lot more positively. The way to make socialism not be a thing is capitalism has to actually deliver for people.

It always delivered for me.

(11-09-2025 01:49 PM)TripleA Wrote:  Video here:

https://www.foxnews.com/video/6384870387112

WHY??? I've been hearing about this all day... you save what $100 a month? and get hit with interest rates out the rear of the mortgage?

No thanky!

The big problem is. after the last housing bubble, nobody wanted to build anymore. so now there's the shortage.. as everyone notes, which leads to problem #2.. institutional buyers.

The Honest truth (and this is going to get a lot of groans...) was a suggestion i heard on the radio... let the interest rates climb back into the double digits.

We had 15% in the 80s and we still made it boom... but now if you even hint at even over 5%, the "Sky is falling, the sky is falling!" comes out.

(11-11-2025 05:29 PM)DaSaintFan Wrote:  

(11-09-2025 01:49 PM)TripleA Wrote:  Video here:

https://www.foxnews.com/video/6384870387112

WHY??? I've been hearing about this all day... you save what $100 a month? and get hit with interest rates out the rear of the mortgage?

No thanky!

The big problem is. after the last housing bubble, nobody wanted to build anymore. so now there's the shortage.. as everyone notes, which leads to problem #2.. institutional buyers.

The Honest truth (and this is going to get a lot of groans...) was a suggestion i heard on the radio... let the interest rates climb back into the double digits.

We had 15% in the 80s and we still made it boom... but now if you even hint at even over 5%, the "Sky is falling, the sky is falling!" comes out.

I bought at 6.375% in March, refinanced to a 20 year last month at 5.5% after paying 2.375 in points. It hasn't been under 5 for quite a while.

(11-11-2025 05:29 PM)DaSaintFan Wrote:  

(11-09-2025 01:49 PM)TripleA Wrote:  Video here:

https://www.foxnews.com/video/6384870387112

WHY??? I've been hearing about this all day... you save what $100 a month? and get hit with interest rates out the rear of the mortgage?

No thanky!

The big problem is. after the last housing bubble, nobody wanted to build anymore. so now there's the shortage.. as everyone notes, which leads to problem #2.. institutional buyers.

The Honest truth (and this is going to get a lot of groans...) was a suggestion i heard on the radio... let the interest rates climb back into the double digits.

We had 15% in the 80s and we still made it boom... but now if you even hint at even over 5%, the "Sky is falling, the sky is falling!" comes out.

Median home price was $68,000 in 1980 now its $426,000. Y'all could do high rates because the houses were cheap.

I bought my latest new house 7 years ago at 2.26% on a 30-year. Thanks, Trump.

(11-11-2025 05:37 PM)Roxie Wrote:  

(11-11-2025 05:29 PM)DaSaintFan Wrote:  

(11-09-2025 01:49 PM)TripleA Wrote:  Video here:

https://www.foxnews.com/video/6384870387112

WHY??? I've been hearing about this all day... you save what $100 a month? and get hit with interest rates out the rear of the mortgage?

No thanky!

The big problem is. after the last housing bubble, nobody wanted to build anymore. so now there's the shortage.. as everyone notes, which leads to problem #2.. institutional buyers.

The Honest truth (and this is going to get a lot of groans...) was a suggestion i heard on the radio... let the interest rates climb back into the double digits.

We had 15% in the 80s and we still made it boom... but now if you even hint at even over 5%, the "Sky is falling, the sky is falling!" comes out.

Median home price was $68,000 in 1980 now its $426,000. Y'all could do high rates because the houses were cheap.

yep ... ewe're fk'd...

now, go buy a tent and find some woods to suicide ewerself ... not a soul will miss ewe...

Ah, stink, nobody can turn a phrase like you, my man.

(11-11-2025 06:21 PM)TripleA Wrote:  Ah, stink, nobody can turn a phrase like you, my man.

I've intentionally stayed out of this discussion for varying reasons ... but chico had to open it's pie-hole ... was too irresistible ... I do love muh nigiri ...

(11-11-2025 05:37 PM)Roxie Wrote:  

(11-11-2025 05:29 PM)DaSaintFan Wrote:  

(11-09-2025 01:49 PM)TripleA Wrote:  Video here:

https://www.foxnews.com/video/6384870387112

WHY??? I've been hearing about this all day... you save what $100 a month? and get hit with interest rates out the rear of the mortgage?

No thanky!

The big problem is. after the last housing bubble, nobody wanted to build anymore. so now there's the shortage.. as everyone notes, which leads to problem #2.. institutional buyers.

The Honest truth (and this is going to get a lot of groans...) was a suggestion i heard on the radio... let the interest rates climb back into the double digits.

We had 15% in the 80s and we still made it boom... but now if you even hint at even over 5%, the "Sky is falling, the sky is falling!" comes out.

Median home price was $68,000 in 1980 now its $426,000. Y'all could do high rates because the houses were cheap.

" Y'all could do high rates because the houses were cheap"


Are you still in school?

I hope these dummies don't breed.

(11-11-2025 06:42 PM)rath v2.0 Wrote:  I hope these dummies don't breed.

Something tells me they do.