Avg home price in my city 600k, at 6% that's gonna be like 4k a month after insurance and taxes, add another 100-500 a month for operating costs depending on utility usage. 50-55k a year after income taxes. That's to keep wage-ees out, so the big capital companies have years worth of time to buy up whatever and turn whole chunks of the city into permanent rentals. "It's one big club, and you ain't in it" - GCarlin
George Carlin is a comedian and that's a quote from one of his stand up specials. It's basically saying the system is rigged, your not a member of the elites, most likely you never will be.
Avg home price in my city 600k, at 6% that's gonna be like 4k a month after insurance and taxes, add another 100-500 a month for operating costs depending on utility usage. 50-55k a year after income taxes. That's to keep wage-ees out, so the big capital companies have years worth of time to buy up whatever and turn whole chunks of the city into permanent rentals. "It's one big club, and you ain't in it" - GCarlin
@@tomlaundry4021 yep, that’s why I honestly believe we’re just going to see a lot of people moving to new states and cities, or just rent forever.
Can we define "in da club" by Carlin?
@@KevinMebanks Kevin man, I don’t know.
George Carlin is a comedian and that's a quote from one of his stand up specials. It's basically saying the system is rigged, your not a member of the elites, most likely you never will be.
@@KevinMebanks Carlin was a Steam Valve.