Decline of Functioning Society

[homersheineken]

There are two issues here that you are not taking into account :

-The fact that inflation has been baked into the monetary system since the inception of the Fed, accelerating after Bretton Woods (1971 on), leading to a steady, incremental decline in purchasing power, further compounded by large transfers of wealth from the middle class to the banksters in the "bailouts" of 2008, 2020, with trillions printed out out of thin air funneling through Blackrock and charged by the Fed.

-There were enormous gains in productivity in the last several decades, generating great wealth, which should have resulted in similar wage gains but were almost entirely captured by the top .1% :

We do our best, stay positive, but also be cognizant of the severe flaws in the system that have gotten gradually worse, as they can be sorted out by good leadership, not 50 year mortgages.

See Diversity is a strength - of the ruling/billionaire class.

 

[FrancisK]

In my small home town, and many others, there were many large 4/5 bedroom Victorian houses. The craftsmanship and detail in these homes blow the doors of the modern cookie cutter homes.

Without modern technology, these houses were difficult to heat in the winter, thus they went away from this style of house. But they existed and were beautiful. Modern technology allows for these larger homes, but they cost much more per income v. the homes of 60+ years ago. I still remember a time when no one though "my house is my biggest investment" and I still to this day believe anyone whose home is their biggest investment is both poor and financially illiterate.

I actually agree with that, the home you live in is not an investment it's an expense. It may be a smart expense it may be a necessary expense but it's not an investment.

 

[It_Is_My_Time]

I actually agree with that, the home you live in is not an investment it's an expense. It may be a smart expense it may be a necessary expense but it's not an investment.

Yes, exactly. Or, you can view it as an investment, I wouldn't recommend it, but it certainly should not be your biggest investment.

The reason for the rise in McMansions in the USA is from the brainwashing thoughts put out that "your home is your biggest investment". I hear this all the time. It is a way for the elites to grow more in power, by getting people to make their house their largest investment and give women an excuse to buy a bigger/nicer home than needed. This is a very recent trend in the USA and was not the mindset 50 years ago.

 

[dicknixon72]

Yes, exactly. Or, you can view it as an investment, I wouldn't recommend it, but it certainly should not be your biggest investment.

The reason for the rise in McMansions in the USA is from the brainwashing thoughts put out that "your home is your biggest investment". I hear this all the time. It is a way for the elites to grow more in power, by getting people to make their house their largest investment and give women an excuse to buy a bigger/nicer home than needed. This is a very recent trend in the USA and was not the mindset 50 years ago.

Its based in the concept that owning a home/property is the easiest way to establish generational wealth. Its something you can always come back to, its something of value to pass down to your children, etc.

 

[It_Is_My_Time]

Its based in the concept that owning a home/property is the easiest way to establish generational wealth. Its something you can always come back to, its something of value to pass down to your children, etc.

Yes, of course in the past this was more done through land, which has way more real-world intrinsic value. This is much more expensive today, due to the collapse of the middle class, and now it is done through a house. But making your house your largest investment is still a mistake, due to it not having as much real-world value. If one were to make land their largest investment, that would be a good financial move, if you can pull it off. A house, not at all.

 

[dicknixon72]

Yes, of course in the past this was more done through land, which has way more real-world intrinsic value. This is much more expensive today, due to the collapse of the middle class, and now it is done through a house. But making your house your largest investment is still a mistake, due to it not having as much real-world value. If one were to make land their largest investment, that would be a good financial move, if you can pull it off. A house, not at all.

The problem is people have become accustomed to perpetually 'buying' instead of being satisfied with one they purchased young and expanded as their family has grown. You buy a starter home, then you sell it to buy a larger home, which you then sell to buy a larger home, and the cycle persists until you die still paying a mortgage. Yes, this is attributable largely to consumer-driver women having more say in the purchase of a home - why convert the garage into another bedroom or build an addition when we can just get a larger home? A newer home? In a better neighborhood? Don't I deserve it?

One has to start somewhere and if that start is acquiring a suburban home in a non-deeded/HOA neighborhood and own the deed, then that's a good beginning to acquire more property, even if that property isn't necessarily contiguous with one another, something more challenging to do versus in the homesteading days of the past.

Owning an few acres of land with a tidy manufactured home on it is far 'wealthier' than perpetually paying a mortgage on a faux estate in a deed-restricted tract development. Most men and some of the more intelligent women understand this; the rest clearly do not.

 

[FrancisK]

The problem is people have become accustomed to perpetually 'buying' instead of being satisfied with one they purchased young and expanded as their family has grown. You buy a starter home, then you sell it to buy a larger home, which you then sell to buy a larger home, and the cycle persists until you die still paying a mortgage. Yes, this is attributable largely to consumer-driver women having more say in the purchase of a home - why convert the garage into another bedroom or build an addition when we can just get a larger home? A newer home? In a better neighborhood? Don't I deserve it?

One has to start somewhere and if that start is acquiring a suburban home in a non-deeded/HOA neighborhood and own the deed, then that's a good beginning to acquire more property, even if that property isn't necessarily contiguous with one another, something more challenging to do versus in the homesteading days of the past.

Owning an few acres of land with a tidy manufactured home on it is far 'wealthier' than perpetually paying a mortgage on a faux estate in a deed-restricted tract development. Most men and some of the more intelligent women understand this; the rest clearly do not.

A close family friend someone I consider an older brother who is a hotel magnate lived in a single family modular home in a nice safe clean neighborhood most of his adult life. A sprawling real deal mansion on the lake which looks like it's an extension of the Las Vegas Venetian came up for sale cheap a while back, the house that everyone drives by and points at to say "wow look at that house" probably one of the most exorbitant homes in Michigan. He bought it and it has gone up in value probably 10x....

He is completely miserable there and misses his old home.

 

[InspCallahan]

Well the whole Move to Suburbia thing was a Jewish Operation. I forget the fellas name who was the main suspect in the Suburbanization of America. E Michael Jokes speaks of him.

Remember, we are all drawing conclusions from a Jewish Run and Controlled Economy. When you adapt, unless you go Kazinski mode, you are adapting to the same Economy. Somebody may school me here...and they have a parallel Economy they can make a good living from, but most folks saying they are adapting which is fine and understanable for Survival. But this does not devalue the fact that many back then just worked regular jobs and had the house, vehicle and other amenities. And I'm speaking from a post WW2 Modern Sophisticated Economy not way back when.

If the so-called Service Economy needed slave labor to pen it out as other industries have well then it wasn't viable in the 1st place.

And i don't care what anyone says...Lots of these Paycheck Capitalist like the Endless Growth schemes that ruin wages as well as flooding the Workforce with women and illegals.
Wages are the 1st thing to go when all this Leveraged buyouts happen....wrecked the entire Functioning Viable Midwest America. Ruined the Middle Class....Rich folks going ...."What Happened" ...I love the..."Why don't people want to work?" Boomercon statements..

 

[dicknixon72]

Well the whole Move to Suburbia thing was a Jewish Operation. I forget the fellas name who was the main suspect in the Suburbanization of America. E Michael Jokes speaks of him.

I know the episode you're speaking of. The interviewee's name eludes me, too, but I recall the jist of it - Jews pushed the gentiles out of established, productive, and well-functioning urban cores to the suburbs while simultaneously enticing blacks to leave the Southern land they tended for generations - and in many cases as sharecroppers owned - into Midwestern and Northern factories for work, promising both wealth and riches while simultaneously consigning both to financial drudgery (the whites with rampant consumerism and the blacks with family destruction and government dependence) while they bought up the remnants of vibrant urbans cores and fertile farmland.

Jews won on multiple fronts - the control and subsequent destruction of an independent middle class bloc, increasing a divide by racial lines versus class and economic lines, absorbing valuable properties in both cities and countryside, and ensuring a steady flow of productive worker capital in both blue-collar black and white-collar whites.

A true quadfecta, aka the (((HOLY QUADJEWNITY)))

 

[Dusty]

Incompetent DEI hires in DC overseeing huge sewerage spill into the Potomac river.

 

[Get2choppaaa]

I'm not putting a cap on your drive to do better or succeed. The reality is the system is more State Sponsored Usury than Free Enterprise and much of it is Artificial Demand through The Myriad of Federal Programs and or Regulations for some industries with Non Market fixed pricing and just plain old hey prime the Pump Federal Reserve and let my industry create Artificial demand because things are slow. Home Building is a Perfect Example of this Artificial Demand abuse by Special Interests in that sector. Definitely a Consumptive not a Productive endeavor We see here in Texas.

You're free to do what you want... And even if we accept your premise, it's irrelevant as to what decisions you make on your career path.

Choppa if these Capitalist Jews pull the Weimar Republic shenanigans they'll make Millionaires and guys that make 150K or more dollars a year paupers in seconds. I have a question as far as these Big Corporate gigs...how many of these over-hyped jobs are really and be honest more productive than the low wage Productive jobs that actually generate wealth? And yes people who are in historical more advanced roles, such as engineers (broad term there), should be paid more...but their are many wasteful positions touted as something useful, but in the scheme of things aren't.

Many of these jobs generate wealth through large scale enterprise processes.

For instance in a procurement or commercial role, negotiations of contracts and terms and conditions can result in serious wealth preservation or cost reduction or sales revenue for a firm. That's worth a lot more than the janitorial role or the worker bee role for the value of the shareholder or business partner.

Ive saved millions of dollars for companies through making efficient use of resources on S&OP and inventory management. That alone justifies my position and pay over a job with less impactful scopes of work.

Doesn't mean both don't serve to make a living.

Hell I grew up in a poor rural area working in restaurant and my dad was a chef. He generated wealth by owning and running his own business. If you're an independent contractor and highly skilled then you can command a nice salary.

I know some SMEs I work with that make 200 to 300 k a year based off of their knowledge accrued over the last 20 years of their work.

Your telling me many that valued their community and family and didn't adapt and move and move and move somehow that's backwards?
Too me that adapt lots of times makes folks an atomized individual who does well for himself, but is really just serving the system that relies on crushing natural Blood Communities which are a guard against the Jew'ing of our Christian European societies.

No idea what the hell you're trying to say in the last paragraph.

I'm saying if you have an obligation to leave a nice financial nest egg for your family you have to be willing to go do the things that will make you money. That includes moving for work.

Not doing that and coping on "it's the Jewish financial system" is just mental masturbation to justify current state of your own situation.

 

[InspCallahan]

What you say is True in the sense that White Man has "Coped" with his own Nation's Destruction the last 100 years. An alien force that uses a Perverse Unnatural Metric of Value has distorted the so called Free Enterprise system you claim you help save money. Cool story, that's quite possible of yourself being keen on the Business environment not necessarily cutting others wages...but the Big Picture is that the Worker who is the Value of Labor and the Economic Act has taken the biggest hit.

Choppa this about percentages...is everyone doing poorly? No. Some are Legitimately doing well I suppose. But by-in-large the Usury based system has wrecked the Value of Wages. The Truth be known, the PTB can grind even your wage/salary into nothing with any Hollow excuse.

I guess above all what I'm seeing is the System since it is Finacialized with endless Debt Expansion sacrifices the majority. Because not everyone or even a significant slice of the population have the opportunity to make the money you need to get ahead when you are drowning in inflation. I mean I guess there is always Only Fans? Just kidding.. And of course you should make more if you are a valuable asset, but on the flip side, lots of Good workers get a screw job as well...especially in a Feminized Judeo-Masonic driven society. I speak plenty of others who tell me some Absolute doozies of Ethical Impropriety among other piss poor upper mgmt. decision making.

I apologize if this is coming off sounding like a victim...No i chose my path and deal with it..but it does reflect some of what I mentioned. Leveraged buyouts being one aspect. Probably can't convince you anyways...but appreciate your input here as well as many other contributors who are crap ton more perceptive than me.

 

[Cooper]

Brother this is the most extreme outlier possible I'm sure you know that. This is akin to me showing you houses in Detroit selling for $1 which used to be considered decadent...

Home prices have greatly outpaced inflation in most markets. My point here as well is to dispel the notion that older houses in which our grandparents grew up were built with lower quality standards.

 

[FrancisK]

Home prices have greatly outpaced inflation in most markets. My point here as well is to dispel the notion that older houses in which our grandparents grew up were built with lower quality standards.

Every "investment" has outpaced inflation, that's actually the whole point of an investment.

I understand the point to an extent but it's also extremely subjective. The fact that you willingly used the most extreme outlier possible to illustrate it is the issue, it comes off as disingenuous. Just as if I had used the same Victorian style homes selling for $1 in Detroit as an example.

 

[Aldebaran]

Well beyond the fact that it was fiction it's pretty telling that a theme in most of those shows were how badly the family struggled to make ends meet.

Sure, as the economy declined that became a more prevalent theme. By now the premise of a worker income supporting a whole family and having a mortgage is fiction.

 

[Cooper]

Every "investment" has outpaced inflation, that's actually the whole point of an investment.

I understand the point to an extent but it's also extremely subjective. The fact that you willingly used the most extreme outlier possible to illustrate it is the issue, it comes off as disingenuous. Just as if I had used the same Victorian style homes selling for $1 in Detroit as an example.

Every "coastal" city has had tremendous appreciation in real estate, I used SF, but could have used LA, Orange Co, Seattle, Portland, San Diego, Boston, NYC, Miami etc.

The first point was that in the 1970s you could have lived anywhere, even Manhattan, for an affordable rent or mortgage. You had NY starving artists living in Manhattan lofts and SF hippies living in victorians that cost millions today.

The second point was that older construction had pretty high standards in workmanship and materials used.

As to Detroit, the avg home price in Ann Arbor is $500k. The run-down areas are mostly black, dangerous and unlivable. Detroit is 80% black. That is also true in all chocolate cities (Baltimore, Memphis, Richmond CA etc)

 

[FrancisK]

Every "coastal" city has had tremendous appreciation in real estate, I used SF, but could have used LA, Orange Co, Seattle, Portland, San Diego, Boston, NYC, Miami etc.

The first point was that in the 1970s you could have lived anywhere, even Manhattan, for an affordable rent or mortgage. You had NY starving artists living in Manhattan lofts and SF hippies living in victorians that cost millions today.

The second point was that older construction had pretty high standards in workmanship and materials used.

As to Detroit, the avg home price in Ann Arbor is $500k. The run-down areas are mostly black, dangerous and unlivable. Detroit is 80% black. That is also true in all chocolate cities (Baltimore, Memphis, Richmond CA etc)

That's all well and fine, you're going on a tangent and ignoring what I said about your example because you don't want to admit it was disingenuous to use the absolutely most egregious outlier possible to make a point.

I don't agree that older construction was better that is entirely subjective this is coming from someone who owns and has owned multiple rental properties built in the 30's through 00's.....believe me NOTHING is more expensive than an old house. Do you want to talk about lead paint, asbestos, aluminum wiring and galvanized pipes? That would be similar to the outlier SF point you tried to make.

Detroit isn't Ann Arbor just like Oakland isn't San Francisco that is again a very disingenuous cherry picked outlier that serves no purpose but affect. Maybe I should indeed sit here and tell you about $1 Detroit homes to make an argument as if it's somehow valid.

If we're going to talk about something lets talk about it honestly and genuinely with validity, not pearl clutching open mouthed pointing at sky is falling dramatization.....that's nothing but manipulation which we don't need nobody has their eyes closed here.

 

[Australia Sucks]

A close family friend someone I consider an older brother who is a hotel magnate lived in a single family modular home in a nice safe clean neighborhood most of his adult life. A sprawling real deal mansion on the lake which looks like it's an extension of the Las Vegas Venetian came up for sale cheap a while back, the house that everyone drives by and points at to say "wow look at that house" probably one of the most exorbitant homes in Michigan. He bought it and it has gone up in value probably 10x....

He is completely miserable there and misses his old home.

Past a certain size a house just becomes a headache as it is more maintenance and you you really won’t end up using a lot of the space. Nobody needs eight bedrooms etc.

Also we all know it’s the land that appreciates in price not the building. The more money suck into a building (vs land) the more money tied up in a non appreciating asset.

 

[Australia Sucks]

That's all well and fine, you're going on a tangent and ignoring what I said about your example because you don't want to admit it was disingenuous to use the absolutely most egregious outlier possible to make a point.

I don't agree that older construction was better that is entirely subjective this is coming from someone who owns and has owned multiple rental properties built in the 30's through 00's.....believe me NOTHING is more expensive than an old house. Do you want to talk about lead paint, asbestos, aluminum wiring and galvanized pipes? That would be similar to the outlier SF point you tried to make.

Detroit isn't Ann Arbor just like Oakland isn't San Francisco that is again a very disingenuous cherry picked outlier that serves no purpose but affect. Maybe I should indeed sit here and tell you about $1 Detroit homes to make an argument as if it's somehow valid.

If we're going to talk about something lets talk about it honestly and genuinely with validity, not pearl clutching open mouthed pointing at sky is falling dramatization.....that's nothing but manipulation which we don't need nobody has their eyes closed here.

Some older properties are low quality and some newer buildings are high quality but on average construction quality has degraded over time worldwide. Nobody is building the Sisteen Chapel today.

There are still stone houses built 800 years ago in Europe that people are still living in today (albeit after renovating them). Nothing that is built today will last 800 years.

 

[FrancisK]

Past a certain size a house just becomes a headache as it is more maintenance and you you really won’t end up using a lot of the space. Nobody needs eight bedrooms etc.

Also we all know it’s the land that appreciates in price not the building. The more money suck into a building (vs land) the more money tied up in a non appreciating asset.

That's exactly what he found out, mind you this guy is incredibly wealthy but he never lived that way he had nice cars but nothing crazy, didn't wear crazy watches or clothes and lived in that single family home in the quiet neighborhood decorated quaintly. Not because he's some great humble man, that he's cheap or anything like that it's just how he lived. Buying that wildly decadent house on the lake was a huge departure for him, it's an amazing stunningly impressive home but he's not happy there and we kinda all told him that.....he lives alone.