Political Picture thread. (humor/memes/etc)

tirwin1

tirwin1

.475 A&M Magnum
Messages
17,407
Reaction score
48,202
Location
rochester
spat said:
Doesn't matter, 15 year mortgage or 50, you're still just renting it from the government, even *after* you pay it off.

Anyone bitching about 50 year mortgages who isn't also calling for abolishing property tax is just a hypocrit.
Click to expand...
Yes, yes and yes.

The 50 year mortgage is designed to keep the monthly payment low enough for younger people to afford a home. Since practically no one lives in a home for 50 years and there is no penalty for paying off a mortgage early this will help from an affordability perspective.

But spat is right. Even after you technically "own" your home failure to pay property taxes means you lose your home.
 
L

livingston

20×102mm Vulcan
Messages
50,303
Reaction score
137,394
Location
livingston county

Post​


See new posts

Conversation​





Rep. Anna Paulina Luna

@RepLuna


These senators slipped in a provision to reopen the government that guarantees them $500k if DOJ settles their Arctic Frost lawsuit. And we’re supposed to be okay with that? What about J6? This is outrageous. Really disappointed to see some of the names on this list. You can’t self-deal like this—especially not by weaponizing a government shutdown. Absolutely ridiculous,
@LeaderJohnThune
. 1763040790035.png
 
Keyzard

Keyzard

.45 acp
Messages
363
Reaction score
846
Location
In the heart of the PA Wilds
spat said:
Doesn't matter, 15 year mortgage or 50, you're still just renting it from the government, even *after* you pay it off.

Anyone bitching about 50 year mortgages who isn't also calling for abolishing property tax is just a hypocrit.
Click to expand...

Those taxes were one of the reasons we left NYS. I showed my wife that even after we paid off our mortgage we would still need to se aside half our normal "mortgage payment" every month just to cover taxes and insurance.
 
Last edited:
FP1201

FP1201

.338 Win Mag
Messages
6,281
Reaction score
10,578
Location
Adams, NY
spat said:
Doesn't matter, 15 year mortgage or 50, you're still just renting it from the government, even *after* you pay it off.

Anyone bitching about 50 year mortgages who isn't also calling for abolishing property tax is just a hypocrit.
Click to expand...
Property Tax is where the big money is at; Politicians use it to buy votes from those that pay little to none, and to make their wealthy friends even richer with "Projects" they sold to Commissioners...Anyways, you're right; even if your Property is paid for in full, it's still subservient to the Government that WILL seize it at the Barrel of a Gun if you fail to pay the Rent they levy...In a Republican State you might be able to repeal Property Taxes, but there's zero chance with Democrats as that's then money they use to maintain Power and Control.
 
You must log in or register to reply here.
Top