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-   -   Money Class action lawsuit filed over Jackson County assessments (https://chiefsplanet.com/BB/showthread.php?t=349124)

Bugeater 07-11-2023 09:25 AM
Quote:
Originally Posted by DaFace (Post 17012183)
It's a tough problem. People who own homes gripe about taxes and insurance, but (at least in theory), those are driven by your wealth increasing from equity in your house. Again, in theory, all you have to do is sell your place, and you'd be WAY ahead of where you would have been had you never bought at all (even accounting for all the taxes and insurance).

Meanwhile, younger generations can't afford to buy homes at all because the prices have increased so much, so they aren't building wealth at all.

Overall, you're far better off owning than renting in times of rapid appreciation of real estate, but you have to be willing to sell to take advantage of it.
Problem is, that you still need a place to live

Bugeater 07-11-2023 09:26 AM
Quote:
Originally Posted by bdj23 (Post 17012180)
This country is a giant scam to screw the middle class out of their hard earned money.
It sure is looking that way

ReynardMuldrake 07-11-2023 09:37 AM
Quote:
Originally Posted by Eureka (Post 17012327)
Younger generation just has to adjust. Something like a 5 year savings plan and expect the market to lower a bit and interest rates get better. They'll learn to live frugally for a bit and appreciate what they accomplish. During the 5 year plan they can work on their credit, learn to budget, and study the market. Sure it's a harder road but at least they have a path. Got to get creative like living with parents or have roommates etc.

It's not as easy as 2009 but there can be a way.
Yeah it's not impossible but the buying opportunities just aren't there anymore. I bought a house in 2008 for around $110K that's worth about $260K today. If I tried to do that now, I wouldn't be able to do it. There simply aren't any starter homes available today in Johnson County.

Between housing prices and student loans, an entire generation is being priced out of home ownership. Or they have to choose between owning a house or having kids. For a lot of people, there's simply not enough money to do both.

Hammock Parties 07-11-2023 09:44 AM
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">If the ⁦<a href="https://twitter.com/ThePlazaKC?ref_src=twsrc%5Etfw">@ThePlazaKC</a>⁩ can get tax relief so should EVERY ⁦<a href="https://twitter.com/JacksonCountyMO?ref_src=twsrc%5Etfw">@JacksonCountyMO</a>⁩ resident! <a href="https://twitter.com/hashtag/KansasCity?src=hash&amp;ref_src=twsrc%5Etfw">#KansasCity</a> <a href="https://t.co/fZLd9cBgAa">https://t.co/fZLd9cBgAa</a></p>&mdash; Manny Abarca (@MannyAbarcaIV) <a href="https://twitter.com/MannyAbarcaIV/status/1678759019375210497?ref_src=twsrc%5Etfw">July 11, 2023</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Bugeater 07-11-2023 09:45 AM
Quote:
Originally Posted by ReynardMuldrake (Post 17012494)
Yeah it's not impossible but the buying opportunities just aren't there anymore. I bought a house in 2008 for around $110K that's worth about $260K today. If I tried to do that now, I wouldn't be able to do it. There simply aren't any starter homes available today in Johnson County.

Between housing prices and student loans, an entire generation is being priced out of home ownership. Or they have to choose between owning a house or having kids. For a lot of people, there's simply not enough money to do both.
Shit, that's for ones who haven't had kids yet. I feel sorry for the people who had several and were just making it before... They are totally screwed now. Shit even when we were young and had a child every $100 in the bank meant something, there's no way we could handle this inflation.

Woogieman 07-11-2023 09:54 AM
Quote:
Originally Posted by Eureka (Post 17012327)
Younger generation just has to adjust. Something like a 5 year savings plan and expect the market to lower a bit and interest rates get better. They'll learn to live frugally for a bit and appreciate what they accomplish. During the 5 year plan they can work on their credit, learn to budget, and study the market. Sure it's a harder road but at least they have a path. Got to get creative like living with parents or have roommates etc.

It's not as easy as 2009 but there can be a way.
Well, I'm bombarded several times a day by people telling me they "are making $5,000 a week on their side hustle", so I don't know what they are bitching about. And I definitely don't know why they still work a "first job" when their part time job actually earns them more....:hmmm:

Inspector 07-11-2023 10:30 AM
Quote:
Originally Posted by LoneWolf (Post 17010605)
Sounds like you will have no problem winning an appeal.
Fingers crossed. First meeting is on the 18th.

Good luck to everyone facing this.

Bearcat 07-11-2023 10:57 AM
Quote:
Originally Posted by Woogieman (Post 17012537)
Well, I'm bombarded several times a day by people telling me they "are making $5,000 a week on their side hustle", so I don't know what they are bitching about. And I definitely don't know why they still work a "first job" when their part time job actually earns them more....:hmmm:
You don't understand how "bombarded" is probably a very small percentage of people, or how those two groups can be completely mutually exclusive, or the value of having side gigs and having multiple streams of income is a good thing while talking about how expensive shit is these days? :spock:

Woogieman 07-11-2023 11:41 AM
Quote:
Originally Posted by Bearcat (Post 17012705)
You don't understand how "bombarded" is probably a very small percentage of people, or how those two groups can be completely mutually exclusive, or the value of having side gigs and having multiple streams of income is a good thing while talking about how expensive shit is these days? :spock:
I'm being unserious...I'm referring to those insidous ads imploring you to pay them $500 to "learn their techniques on how to get rich off Amazon", which is of course, "convince people to send you $500"

Bearcat 07-11-2023 11:44 AM
Quote:
Originally Posted by Woogieman (Post 17012782)
I'm being unserious...I'm referring to those insidous ads imploring you to pay them $500 to "learn their techniques on how to get rich off Amazon", which is of course, "convince people to send you $500"
Sarcasm detection module will be adjusted accordingly. :thumb:

Hammock Parties 07-11-2023 12:05 PM
BIG ****ING SHOCK

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Blackrock owns Tyler technologies who assessed property in <a href="https://twitter.com/JacksonCounty?ref_src=twsrc%5Etfw">@JacksonCounty</a> Mo. Many homes were assessed 60% higher to over 100%. Under <a href="https://twitter.com/JCEFrankWhite?ref_src=twsrc%5Etfw">@JCEFrankWhite</a> others at 7%. There will be many families and even more seniors forced into homelessness due to this corruption. We won’t sell…</p>&mdash; DL (@LeeGord01546212) <a href="https://twitter.com/LeeGord01546212/status/1678822787018813457?ref_src=twsrc%5Etfw">July 11, 2023</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

penguinz 07-11-2023 12:13 PM
Quote:
Originally Posted by Hammock Parties (Post 17012846)
BIG ****ING SHOCK

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Blackrock owns Tyler technologies who assessed property in <a href="https://twitter.com/JacksonCounty?ref_src=twsrc%5Etfw">@JacksonCounty</a> Mo. Many homes were assessed 60% higher to over 100%. Under <a href="https://twitter.com/JCEFrankWhite?ref_src=twsrc%5Etfw">@JCEFrankWhite</a> others at 7%. There will be many families and even more seniors forced into homelessness due to this corruption. We won’t sell…</p>&mdash; DL (@LeeGord01546212) <a href="https://twitter.com/LeeGord01546212/status/1678822787018813457?ref_src=twsrc%5Etfw">July 11, 2023</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Quite a bit of exaggeration...
Blackrock owns around 7.5% of Tyler's shares.

LoneWolf 07-11-2023 12:19 PM
Quote:
Originally Posted by penguinz (Post 17012860)
Quite a bit of exaggeration...
Blackrock owns around 7.5% of Tyler's shares.
It's Clay. He will post anything that he thinks is edgy. The dipshit in the first tweet was just on Alex Jones' show so you know for a fact he's batshit crazy.

Hammock Parties 07-11-2023 12:23 PM
Quote:
Originally Posted by penguinz (Post 17012860)
Quite a bit of exaggeration...

Blackrock owns around 7.5% of Tyler's shares.
why does that matter? ROFL

you should be much smarter than this

penguinz 07-11-2023 12:39 PM
Quote:
Originally Posted by Hammock Parties (Post 17012874)
why does that matter? ROFL

you should be much smarter than this
Someday you will grow up and realize just how ignorant you are.


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