With another four years of Bidenomics, you can be certain that, at the individual and corporate level, a perpetuity tax on Social Security will become front and center.

That’s a hard pass for me. I’d rather opt out of social security. It’s a ponzi scam. If the government had put that into a private account, I’d have millions of dollars in there.

  • glomag@kbin.social
    21·
    10 months ago

    Thanks for the reply. So you spend about 17% of your income on housing. (assuming 5k is the total for all three). Some people are currently looking at spending 25-30% of their income or more on housing just to get the cheapest houses available. Imagine if you had to spend 9000 each month just to be able to live in one house and maybe you can understand why some people are upset.

    If you meant 5000 each for the three houses then hopefully the two not currently owner-occupied are either being rented out or generating equity through appreciation. Therefore they function more as an investment asset than a primary residence.

    • NeuromancerOPM
      24·
      10 months ago

      I live in all of them. I put large downpayment down. I like to keep my housing to now more than 30% of my income. 30% is the recommend limit and try to stay under that.