Exegesis - Cap/Com-ist

[Velociryx]

Jag!

Kid...yes, there is. And I already explained that the housing rental market is soft because of that. So you gotta be willing to deal.

There's not much incentive to rent a place for 550-750 when you can buy one and pay a mortgage of 300-800 (60k to 110k price range).

But still, despite this, and despite the derth of houses on the market here, there ARE people who prefer to rent.

Mayhaps that will sink into that marvellously thick skull at some point...

-=Vel=-

[Tuberski]

Originally posted by Kidicious


No. You did. Let me spell it out for you. There is x amount of houses to own to live in. Vel buys one of those to rent. Now there is x-1. Get it dummy?

Some more math for you:

There are x amounts of houses to sell, there are y amount of people looking to buy houses. There are z amount of people that want to rent a home

x>y

Therefore, if y=0 (everyone that wants to buy a house has one) x still doesn't equal zero.

Now, because Vel bought some of those houses, they become available to the people that want to, or have to, rent.

now they can because Vel has bought those homes, if he didn't those people wouldn't have a home.

ACK!

[Kidlicious]

Originally posted by Velociryx
There is a shortage of housing in California. There is a surplus of houses in Columbia, SC. LOTS of houses.

Surplus too you obviously, because you would like to see higher rents. Actually there is no surplus. If there is you are an idiot for making those investments.

[Kidlicious]

Originally posted by Tuberski


Some more math for you:

There are x amounts of houses to sell, there are y amount of people looking to buy houses. There are z amount of people that want to rent a home

x>y

Therefore, if y=0 (everyone that wants to buy a house has one) x still doesn't equal zero.

Now, because Vel bought some of those houses, they become available to the people that want to, or have to, rent.

now they can because Vel has bought those homes, if he didn't those people wouldn't have a home.

ACK!

This really doesn't make any sense.

[Tuberski]

Originally posted by Kidicious


Surplus too you obviously, because you would like to see higher rents. Actually there is no surplus. If there is you are an idiot for making those investments.

Not really, housing appreciates in value, waiting even a year and he would get some return on his investments.

Don't you watch Dave Del Dotto?



ACK!

[Velociryx]

'k....

Renting to people, and acting like you are deserving of riches, and other people deserve poverty is personal to me.

I am helping people.

The military family does not WANT to buy a house here, cos they don't know how long they'll be here and don't want to get stuck holding a house that might be on the market for a year or longer when they move. I'll go slow this time..

THEY

WANT

TO

RENT

Get it?

It just so happens that I didn't spend my spare money on beer and smokes, and had enough left over to buy a couple of places that needed some TLC. So we fixed them up. Me and Christina.

Labor.

Sweat.

Good.

But we're not working for free.

No sir.

We want to keep the fruits of our labor cos that's a good thing.

So we charge for it.

Who do we charge?

The people who are using our stuff!

Rocket science, I know, but it gets better!

See...these houses that we bought had been sitting empty for a long time (soft housing market, lots for sale...a surplus). They had damage. Roof repair, new AC, new carpets, some rot that needed replacing. New paint.

More work. More sweat. You should be nodding your head in agreement at this point.

I spent THOUSANDS to acquire the property and make repairs.

I didn't do it to give my labor away.

I want something back for letting other folks use my stuff, and pay me for my labor in making it livable.

I also want payment for assuming the RISK of the mortgage, bearing the ultimate responsibility to the bank, keeping up with the paperwork, making continuous improvements and general repairs, etc.

To NOT compensate me for those things is to exploit ME, which you should be against, given your ideology.

Unless of course, you just want to see me exploited. Possible...

Tubes: You're gonna get accused of babbling incoherently, you know this, yes?

-=Vel=-

[Tuberski]

Originally posted by Kidicious


This really doesn't make any sense.

The whole point is, there are more houses than buyers.

People with bad or no credit will find it hard to buy a house, renting is easier.

By renting they improve their credit and eventually will have good enough credit to buy a home.

ACK!

[Kidlicious]

Originally posted by Tuberski


Of course he would, housing that is not being sold when there is a surplus of housing brings no money to anyone.

There are some people that contribute to the scarcity problem in California, but you can't contribute to a scarcity problem where one doesn't exist. Which is the case with Vel.

He already told you that buying a house there is cheaper than renting, because there are a lot of houses available.

The only way to look at it is that either:

1) The people renting from Vel don't want to own a home.

or,

2)The people renting the home don't have good enough credit to buy a house on there own. In which case, Vel's renting them a house serves them 2 purposes:

a) It gives them a place to live besides under a bridge or in a car.

b) It allows them to build up a better credit rating so that they can buy a house in the future.

It also gives them someone that may be willing to sell to them when they are ready.

ACK!

The fact that they have bad credit is only another reason why Vel can rent to them. It doesn't explain anything.

[Velociryx]

Tubes example makes no sense to you because you have your blinders on so tightly, and your view is so constricted, that all you can see are monsters.

It's like a knee-jerk reaction with you....capitalist = pigdog = bad!

BADBADBAD! ******ers, the lot of them.

We know this.

That's part of what makes it fun.

-=Vel=-

[Tuberski]

Originally posted by Velociryx
Tubes: You're gonna get accused of babbling incoherently, you know this, yes?

-=Vel=-

As someone says here : My gives a **** is broken.



ACK!

[Kidlicious]

Originally posted by Tuberski


The whole point is, there are more houses than buyers.

People with bad or no credit will find it hard to buy a house, renting is easier.

By renting they improve their credit and eventually will have good enough credit to buy a home.

ACK!

No there is not too many houses.

[Tuberski]

Originally posted by Kidicious


The fact that they have bad credit is only another reason why Vel can rent to them. It doesn't explain anything.

It explains why they can't buy one of the surplus houses.

ACK!

[Kidlicious]

Originally posted by Velociryx
Tubes example makes no sense to you because you have your blinders on so tightly, and your view is so constricted, that all you can see are monsters.

It's like a knee-jerk reaction with you....capitalist = pigdog = bad!

BADBADBAD! ******ers, the lot of them.

We know this.

That's part of what makes it fun.

-=Vel=-

No. I tried very hard. Unlike you. You don't try to understand people.

[Velociryx]

So how am I exploiting them?

Map it out for me...step by step?

Did I exploit anyone when I used the fruits of MY labor to buy a house that had been sitting empty for a year?

Did I exploit anyone when I spent my own money to fix the place up?

Did I exploit anyone when I rented charged a "usage fee" to compensate myself for the labor, time, and money spent, to say nothing of the risk?

Did I exploit anyone when I found two people who PREFER renting to home ownership and made a private arrangement with them that was agreeable to both parties?

At what point did this gross exploitation occur, precisely?

Show me.

-=Vel=-

PS to Tubes: Ohhh, actually you got "this really makes no sense" - must work harder to get to "incoherent"

[Kidlicious]

Originally posted by Tuberski


It explains why they can't buy one of the surplus houses.

ACK!

They can't buy a house becuase Vel bought it. If Vel didn't buy it then someone would have to sell it to them. There are no surplus houses.