Comments on: Renters of the World UNITE! http://reallyfuckedhomeowner.com/2009/03/01/renters-of-the-world-unite/ Regretting the American Dream Tue, 11 May 2010 02:02:13 +0000 hourly 1 http://wordpress.com/ By: Anonymous http://reallyfuckedhomeowner.com/2009/03/01/renters-of-the-world-unite/#comment-493 Anonymous Tue, 11 May 2010 02:02:13 +0000 http://reallyfuckedhomeowner.com/?p=18#comment-493 I rent, and I'm glad I didn't fall for the temptation of buying. Why? Get this: Where I work they are closing the plant and will send us all to other plants up to 1,000 miles away! The homeowners are trapped and are sure to become non-homeowners because of course they can't move and with a lousy job market (when is it not lousy anyways?) they will need to take a BIG pay cut. One of these soon-to-be-non-homeowners used to bug me constantly asking me "When are you going to buy a house?". If we both have to move long range guess who's going to get the last laugh? (HINT: it'll be the renter in the old cop car Crown Vic!) I rent, and I’m glad I didn’t fall for the temptation of buying. Why? Get this: Where I work they are closing the plant and will send us all to other plants up to 1,000 miles away! The homeowners are trapped and are sure to become non-homeowners because of course they can’t move and with a lousy job market (when is it not lousy anyways?) they will need to take a BIG pay cut. One of these soon-to-be-non-homeowners used to bug me constantly asking me “When are you going to buy a house?”. If we both have to move long range guess who’s going to get the last laugh? (HINT: it’ll be the renter in the old cop car Crown Vic!)

]]> By: Bill Deegan http://reallyfuckedhomeowner.com/2009/03/01/renters-of-the-world-unite/#comment-412 Bill Deegan Thu, 01 Apr 2010 16:04:29 +0000 http://reallyfuckedhomeowner.com/?p=18#comment-412 Renters are uniting. Check out www.americantenants.com. Join us! Renters are uniting. Check out http://www.americantenants.com. Join us!

]]> By: flipped out renter http://reallyfuckedhomeowner.com/2009/03/01/renters-of-the-world-unite/#comment-370 flipped out renter Sat, 22 Aug 2009 23:15:47 +0000 http://reallyfuckedhomeowner.com/?p=18#comment-370 Renters like me who sat out of the housing boom continued to pay outrageous rents while our incomes sat stagnant. There has been no opportunity to save like there was for older generations. We also had no opportunity to sell property that we bought cheap and profit like mad. We hoped and prayed the market would fall and rebalance to a place were we could hope to live the American dream of home-ownership. Since then everthing has been condo-ized and remains artificially inflated while also reducing the number of apartments thus inflating rent and even further reducing savings. The dream of my own yard and raising a family has been circumsized. What we once considered apartments have been converted to “condo’s” that are selling for the price of what used to get an entire house (which we still can’t afford.) This is a generational issue - our elders and venture profiteers have sold out to greed and sold the American dream to flip a profit. What happend to buying a home to live in it? I say we limit the number of properties that property corporations and developers can buy up in one town!!! Let’s not allow them to keep using housing as their new stock market! We need a serious "market correction" - which should be plummeting prices not a bail- out. People need to start living in homes again not trying to flip them - - It is the symptomatic of the American Greed Syndrome - and the already' haves vs those who are limping along in limbo waiting for something to change. Our generation needs a voice. We are willing to work hard and we do but we need something to work for to keep us going !!!! Don't get lost in the details - or vegeance on those who made bad or greedy decisions and are being rewarded - the real problem is we don't have a voice to represent us. I'm ready to fight- Anyone with me ? I say Low rate loans for non-venture capitalists who agree not to sell in the next 5 years - homes should be places to live - not a market!!!! - erin Renters like me who sat out of the housing boom continued to pay outrageous rents while our incomes sat stagnant. There has been no opportunity to save like there was for older generations. We also had no opportunity to sell property that we bought cheap and profit like mad. We hoped and prayed the market would fall and rebalance to a place were we could hope to live the American dream of home-ownership. Since then everthing has been condo-ized and remains artificially inflated while also reducing the number of apartments thus inflating rent and even further reducing savings. The dream of my own yard and raising a family has been circumsized. What we once considered apartments have been converted to “condo’s” that are selling for the price of what used to get an entire house (which we still can’t afford.) This is a generational issue – our elders and venture profiteers have sold out to greed and sold the American dream to flip a profit. What happend to buying a home to live in it? I say we limit the number of properties that property corporations and developers can buy up in one town!!! Let’s not allow them to keep using housing as their new stock market! We need a serious “market correction” – which should be plummeting prices not a bail- out. People need to start living in homes again not trying to flip them – - It is the symptomatic of the American Greed Syndrome – and the already’ haves vs those who are limping along in limbo waiting for something to change. Our generation needs a voice. We are willing to work hard and we do but we need something to work for to keep us going !!!! Don’t get lost in the details – or vegeance on those who made bad or greedy decisions and are being rewarded – the real problem is we don’t have a voice to represent us. I’m ready to fight- Anyone with me ? I say Low rate loans for non-venture capitalists who agree not to sell in the next 5 years – homes should be places to live – not a market!!!! – erin

]]> By: marcitz http://reallyfuckedhomeowner.com/2009/03/01/renters-of-the-world-unite/#comment-281 marcitz Sun, 07 Jun 2009 02:45:03 +0000 http://reallyfuckedhomeowner.com/?p=18#comment-281 Well if this is any consolation THANK YOU for being a responsible homeowner and living within your means. The other consolation is that the current plan to help homeowners isn't actually being used that much so no one is really getting bailed out. Its designed to help 4 million homeowners and has only helped 100,000 in the first 3 months of the program. At that rate it would take 10 years for the target to be helped and the plan doesn't go for that long. Well if this is any consolation THANK YOU for being a responsible homeowner and living within your means. The other consolation is that the current plan to help homeowners isn’t actually being used that much so no one is really getting bailed out. Its designed to help 4 million homeowners and has only helped 100,000 in the first 3 months of the program. At that rate it would take 10 years for the target to be helped and the plan doesn’t go for that long.

]]> By: Jinger http://reallyfuckedhomeowner.com/2009/03/01/renters-of-the-world-unite/#comment-280 Jinger Sun, 07 Jun 2009 01:53:14 +0000 http://reallyfuckedhomeowner.com/?p=18#comment-280 We started late...our last kid was 17 when we bought. We qualified for over $125000 based on 1 income (both work). We looked in the $50-75K range. Why get a huge place (didn't want to encourage the kids to cme back! LOL). We have paid it down quite a bit... double payments as often as possible, always round the payments up regardless (set on online bill pay... we don't miss it). I would still be renting if we couldn't pay our place off early. Our regular mortgage is about $200 less / month than our last rent. Luckily, our area didn't lose much with the housing fluke. I am furous about theose that are getting bailed ot for not thinking or planning ahead...what about those of us that planned? We based our purchase on 1 income incase something happened...job or health wise. Where's my bailout? My daughter rents. Her rent went up because the owner needed to pay more (over bought?). That sucks! We started late…our last kid was 17 when we bought. We qualified for over $125000 based on 1 income (both work). We looked in the $50-75K range. Why get a huge place (didn’t want to encourage the kids to cme back! LOL). We have paid it down quite a bit… double payments as often as possible, always round the payments up regardless (set on online bill pay… we don’t miss it). I would still be renting if we couldn’t pay our place off early. Our regular mortgage is about $200 less / month than our last rent. Luckily, our area didn’t lose much with the housing fluke. I am furous about theose that are getting bailed ot for not thinking or planning ahead…what about those of us that planned? We based our purchase on 1 income incase something happened…job or health wise. Where’s my bailout? My daughter rents. Her rent went up because the owner needed to pay more (over bought?). That sucks!

]]> By: Wayne in Houston http://reallyfuckedhomeowner.com/2009/03/01/renters-of-the-world-unite/#comment-138 Wayne in Houston Thu, 19 Mar 2009 03:17:32 +0000 http://reallyfuckedhomeowner.com/?p=18#comment-138 I have to agree with you. I saved a great deal of money by renting. I did, finally, buy something quite affordable and was able to pay outright. Now, finally, my upkeep is less than a comparable rental but that's because I made sure that I paid the price I wanted to pay for the house and neighborhood I wanted to live in. I have to agree with you. I saved a great deal of money by renting. I did, finally, buy something quite affordable and was able to pay outright. Now, finally, my upkeep is less than a comparable rental but that’s because I made sure that I paid the price I wanted to pay for the house and neighborhood I wanted to live in.

]]> By: linda http://reallyfuckedhomeowner.com/2009/03/01/renters-of-the-world-unite/#comment-124 linda Mon, 16 Mar 2009 21:08:55 +0000 http://reallyfuckedhomeowner.com/?p=18#comment-124 Ha, good story. The sad thing is I bet you dollars to donuts if you ask the stupid landlord he will say "no one could have known" about a "once in a lifetime downturn." They still think it was a fluke that all their dreams and schemes went sour. Ha, good story. The sad thing is I bet you dollars to donuts if you ask the stupid landlord he will say “no one could have known” about a “once in a lifetime downturn.” They still think it was a fluke that all their dreams and schemes went sour.

]]> By: indiakonstanze http://reallyfuckedhomeowner.com/2009/03/01/renters-of-the-world-unite/#comment-98 indiakonstanze Wed, 11 Mar 2009 03:01:17 +0000 http://reallyfuckedhomeowner.com/?p=18#comment-98 RE: while homeownership is good for some its not good for all.... I'm living proof that homeownership is NOT good at all. I did a blog post awhile back about the fact that all a home does is suck away all of your money. So many people retorted with, "What about the tax benefits?" Well, I did the math and it turns out my home saves me less than 4 figures a year in tax benefits....no great shakes. Check it out: http://denseblogadvisory.wordpress.com/2009/03/10/the-money-pit-part-deux-tax-benefits-for-homeowners-im-still-waiting/ RE: while homeownership is good for some its not good for all….

I’m living proof that homeownership is NOT good at all. I did a blog post awhile back about the fact that all a home does is suck away all of your money. So many people retorted with, “What about the tax benefits?” Well, I did the math and it turns out my home saves me less than 4 figures a year in tax benefits….no great shakes. Check it out:
http://denseblogadvisory.wordpress.com/2009/03/10/the-money-pit-part-deux-tax-benefits-for-homeowners-im-still-waiting/

]]> By: Joan Jett http://reallyfuckedhomeowner.com/2009/03/01/renters-of-the-world-unite/#comment-64 Joan Jett Thu, 05 Mar 2009 17:52:30 +0000 http://reallyfuckedhomeowner.com/?p=18#comment-64 We renters were subjected to attitudes, noses in the air and being treated like poor failures at the bubble-nut mojito parties. The very least we should get now is a little time to say I told you so when we turned out to be right about this bubble (duh!). Nope, Obama is gonna take our tax dollars and hand it to the bubble-nuts to subsidize this summer's mojito parties in thier stucco mansions. I'm really, really mad. We all should be. Every responsible person in America should be boiling mad at what the Gov. is doing to keep bubble-nuts in luxurious McMansions while we toil away in shelter we could actually afford. We renters were subjected to attitudes, noses in the air and being treated like poor failures at the bubble-nut mojito parties. The very least we should get now is a little time to say I told you so when we turned out to be right about this bubble (duh!). Nope, Obama is gonna take our tax dollars and hand it to the bubble-nuts to subsidize this summer’s mojito parties in thier stucco mansions.

I’m really, really mad. We all should be. Every responsible person in America should be boiling mad at what the Gov. is doing to keep bubble-nuts in luxurious McMansions while we toil away in shelter we could actually afford.

]]> By: FED RESERVE CLAIMS RIGHT TO SECRECY « Culture of Life News http://reallyfuckedhomeowner.com/2009/03/01/renters-of-the-world-unite/#comment-62 FED RESERVE CLAIMS RIGHT TO SECRECY « Culture of Life News Thu, 05 Mar 2009 16:30:15 +0000 http://reallyfuckedhomeowner.com/?p=18#comment-62 [...] Tell us a story about a Really Fucked Homeowner (RFHO) (deadbeat neighbor, relative or something you read) who got in over their head and share it with others  so we can get rid of the pro homeowner bias in the United States.  Also please post this on other blogs and comments to articles. Read on to see why… [...] [...] Tell us a story about a Really Fucked Homeowner (RFHO) (deadbeat neighbor, relative or something you read) who got in over their head and share it with others  so we can get rid of the pro homeowner bias in the United States.  Also please post this on other blogs and comments to articles. Read on to see why… [...]

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