Donate Bitcoin

Donate Paypal


PeakOil is You

PeakOil is You

75 Million Americans Pretending They Own Their Own Homes

What's on your mind?
General interest discussions, not necessarily related to depletion.

Re: A gentle reminder that you never really own your home

Unread postby BigTex » Thu 19 Jul 2007, 17:19:50

$this->bbcode_second_pass_quote('Pops', '')$this->bbcode_second_pass_quote('Hawkcreek', 'I') can think of several.
1. Tack a percentage to each mortgage payment as property tax. When the mortgage is finished, the taxes are finished - until the property has a new owner.

But the services do not stop when the mortgage is paid and the mortgage has nothing to do with the services available.

As for the freezing of property tax until transfer, CA did that with Prop 13 way the hell back and just about bankrupted the state - I don't really know what to do about escalating values. Perhaps something linked to age, kids, or something?


Texas caps the amount that property value can be increased for tax purposes at 10% annually. Thus, if your property is increasing 30% year over year, your value for tax purposes is only going up 10% year over year. There are also partial exemptions for over 65 homeowners. It's not perfect, but it's not bad.
User avatar
BigTex
Intermediate Crude
Intermediate Crude
 
Posts: 3858
Joined: Thu 03 Aug 2006, 03:00:00
Location: Graceland

Re: A gentle reminder that you never really own your home

Unread postby Pops » Thu 19 Jul 2007, 17:30:28

$this->bbcode_second_pass_quote('gnm', '[')Mommy AND Daddy have to work now because their taxes are so high ...


Ah com’on G, Mommy and Daddy have voluntarily mortgaged their asses into oblivion. I don’t recall your age but a buck says your folks had many less goodies than the average lower-class household today and a bunch less debt tied directly to the crap they own.

My wife has only worked rarely and then only to pay the payments for the silly crap we bought and borrowed for.

Blame it on property tax, coasters and whatever you can come up with but if folks lived today without every Slicer-Dicer that comes on TV and Wallies shelves they could pay for a nice school building for their kids, pay off their debt and have a little in the bank to boot!

Tell me that is not true.

Not arguing about the excess of government here - only the method of taxation, if you see the difference. I have done lots of print jobs for government folks at the end of their fiscal year draining that budget so they look poor and can lobby for a little more power next year.
The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves -- in their separate, and individual capacities.
-- Abraham Lincoln, Fragment on Government (July 1, 1854)
User avatar
Pops
Elite
Elite
 
Posts: 19746
Joined: Sat 03 Apr 2004, 04:00:00
Location: QuikSac for a 6-Pac

Re: A gentle reminder that you never really own your home

Unread postby I_Like_Plants » Thu 19 Jul 2007, 17:49:12

Mommy's and Daddy's taxes are much higher than in the 1950s but Pops makes an extremely good point - sheer consumerism. Buying every new doodad, having a color TV in every room, $80 cable bills, $100+ a month cell phone bills, etc. People do NOT live like they did in the 1950s, now. Back before things went all to shit for our family, we lived middle class but we still didn't have all this shit people do now. One car, on B/W TV, we did have lots of books, but we had things like "a" shovel and "a" spade for working in the garden, "a" trowel, "a" push mower, one frying pan, one waffle iron, etc. Think of the way things are owned now - multiples of everything because the "latest greatest" comes out every few years, so the clutter is just amazing. No one does their own yard work, they get all the doodads then still hire a Mexican to do it. Exercise equipment? What's that? We had a tree house Dad made out of 2 old doors. We actually had more shit than a lot of people and most people had these really Spartan existances and were perfectly happy.
I_Like_Plants
Intermediate Crude
Intermediate Crude
 
Posts: 3839
Joined: Sun 12 Jun 2005, 03:00:00
Location: 1st territorial capitol of AZ

Re: A gentle reminder that you never really own your home

Unread postby BigTex » Thu 19 Jul 2007, 18:33:24

$this->bbcode_second_pass_quote('I_Like_Plants', 'M')ommy's and Daddy's taxes are much higher than in the 1950s but Pops makes an extremely good point - sheer consumerism. Buying every new doodad, having a color TV in every room, $80 cable bills, $100+ a month cell phone bills, etc. People do NOT live like they did in the 1950s, now. Back before things went all to shit for our family, we lived middle class but we still didn't have all this shit people do now. One car, on B/W TV, we did have lots of books, but we had things like "a" shovel and "a" spade for working in the garden, "a" trowel, "a" push mower, one frying pan, one waffle iron, etc. Think of the way things are owned now - multiples of everything because the "latest greatest" comes out every few years, so the clutter is just amazing. No one does their own yard work, they get all the doodads then still hire a Mexican to do it. Exercise equipment? What's that? We had a tree house Dad made out of 2 old doors. We actually had more shit than a lot of people and most people had these really Spartan existances and were perfectly happy.


You know what is expected to fuel growth in the self storage industry in coming years? Storage of household storage containers and organization systems that are not being used because consumers decided they weren't as committed to organizing their junk as they thought they were. Amazing.
User avatar
BigTex
Intermediate Crude
Intermediate Crude
 
Posts: 3858
Joined: Thu 03 Aug 2006, 03:00:00
Location: Graceland

Re: A gentle reminder that you never really own your home

Unread postby I_Like_Plants » Thu 19 Jul 2007, 19:04:52

Yes storage for junk has been a growth industry for at least a decade. I know someone who gets Section 8 rent which means a huge apartment for about $350 a month, and spends another $350 a month on storage for the most useless junk, no sentimental or functional value, I have ever seen. And then gripes about being short of money......

The brainwashing to have lots of STUFF and to define yourself in terms of your STUFF is very strong - when I had very little stuff, I pined for the day that, someday, I'd be able to have a lot of stuff.
I_Like_Plants
Intermediate Crude
Intermediate Crude
 
Posts: 3839
Joined: Sun 12 Jun 2005, 03:00:00
Location: 1st territorial capitol of AZ

Re: A gentle reminder that you never really own your home

Unread postby da23 » Thu 19 Jul 2007, 19:35:24

$this->bbcode_second_pass_quote('I_Like_Plants', ' ')We had a tree house Dad made out of 2 old doors. We actually had more shit than a lot of people and most people had these really Spartan existances and were perfectly happy.


Sorry to butt in I was a perfectly happy spartan kid but a treehouse out of 2 doors? I feel cheated somehow.... hehe j/k it was lean-to.
User avatar
da23
Peat
Peat
 
Posts: 165
Joined: Tue 06 Jun 2006, 03:00:00
Top

Re: A gentle reminder that you never really own your home

Unread postby Hawkcreek » Thu 19 Jul 2007, 20:57:39

--
Last edited by Hawkcreek on Tue 21 Aug 2007, 13:44:06, edited 1 time in total.
Hawkcreek
Expert
Expert
 
Posts: 1468
Joined: Sun 15 Aug 2004, 03:00:00
Location: Washington State

Re: A gentle reminder that you never really own your home

Unread postby eastbay » Thu 19 Jul 2007, 22:21:58

This entire conversation, much like so many here at po.com, are indeed difficult for me. I'm trying to shift my thinking discussing such matters as one would during the 'normal' human-interaction paradigm to that of an entirely new set of political, economic, and social affairs which The Survivors will experience during the (probably) brutal decades after The Peak.

IMO terms such as socialist, libertarian, capitalist... etc... will, over time, be rendered less meaningful, at least until the dust settles. So however much fun such discussions may be, current political concepts will likely not be very relevant in the decades to come.
Got Dharma?

Everything is Impermanent. Shakyamuni Buddha
User avatar
eastbay
Expert
Expert
 
Posts: 7186
Joined: Sat 18 Dec 2004, 04:00:00
Location: One Mile From the Columbia River

Re: A gentle reminder that you never really own your home

Unread postby Tyler_JC » Thu 19 Jul 2007, 22:24:51

In my town, senior citizens are allowed to rack up as much property tax debt as they want.

The debt is added as a lien against the house and when the house is eventually sold or given away in a will, the buyers/heirs pay the back taxes.

Relatively few senior citizens chose to do this because they aren't fully instructed on how to do it, but the process is relatively simple.

Local property taxes generally pay for local services.

The problem with local sales taxes to pay for those services is that there would be an inevitable race to the bottom in order to attract local retail shops.

Local towns would be revenue starved and services would be shut down, making the towns unlivable, and everyone would be miserable.

Basically, a town-by-town sales tax would be a disaster.

At least we have some control over our local property taxes and property tax rates rarely become a race to the bottom in order to attract residents. We would have far less control over a state income/sales tax to pay for local services.

New Hampshire, a traditionally Libertarian state, has very high property taxes but no sales or income taxes. Why? Because all of the tax money is collected locally and it stays local.
"www.peakoil.com is the Myspace of the Apocalypse."
Tyler_JC
Expert
Expert
 
Posts: 5438
Joined: Sat 25 Sep 2004, 03:00:00
Location: Boston, MA

Re: A gentle reminder that you never really own your home

Unread postby Pops » Thu 19 Jul 2007, 22:46:07

$this->bbcode_second_pass_quote('Hawkcreek', 'T')hey didn't have Wally world junk, but I know a lot of hard working people today who can't afford Wally World junk, and it still takes both the husband and wife working to afford the necessities for the family.

I don’t question your experience.

Take a look at where those folks buy their fast food, spend their free money, about the electronics in their home, their communications, transportation and hobbies and then compare them to the 50s &60s.

And tell me again they haven’t chosen their own path and I will acquiesce.
The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves -- in their separate, and individual capacities.
-- Abraham Lincoln, Fragment on Government (July 1, 1854)
User avatar
Pops
Elite
Elite
 
Posts: 19746
Joined: Sat 03 Apr 2004, 04:00:00
Location: QuikSac for a 6-Pac
Top

Re: A gentle reminder that you never really own your home

Unread postby I_Like_Plants » Fri 20 Jul 2007, 01:18:49

$this->bbcode_second_pass_quote('da23', '')$this->bbcode_second_pass_quote('I_Like_Plants', ' ')We had a tree house Dad made out of 2 old doors. We actually had more shit than a lot of people and most people had these really Spartan existances and were perfectly happy.


Sorry to butt in I was a perfectly happy spartan kid but a treehouse out of 2 doors? I feel cheated somehow.... hehe j/k it was lean-to.


hey that tree house kicked ass - it was 2 doors left over from when Dad replaced some doors in the house - he did a lot of work to that house. He put one up in the tree then the other one about 2 feet higher at right angles. It was a Frank Lloyd treehouse, out of 2 doors! We kids loved it and spent a ton of time up there.
I_Like_Plants
Intermediate Crude
Intermediate Crude
 
Posts: 3839
Joined: Sun 12 Jun 2005, 03:00:00
Location: 1st territorial capitol of AZ
Top

Re: A gentle reminder that you never really own your home

Unread postby Hawkcreek » Fri 20 Jul 2007, 14:35:10

--
Last edited by Hawkcreek on Tue 21 Aug 2007, 13:42:21, edited 1 time in total.
Hawkcreek
Expert
Expert
 
Posts: 1468
Joined: Sun 15 Aug 2004, 03:00:00
Location: Washington State

Re: A gentle reminder that you never really own your home

Unread postby gnm » Fri 20 Jul 2007, 14:59:03

While I appreciate your honesty Eastbay, we'll just have to agree to disagree.... Personally if I could never really own something, as in I couldn't pass it on too my children etc then I would truly feel like a slave. Its bad enough as it is...

What I don't understand is the thinking process among leftists... Given that
a. They think that elites and big money control politics and the government.
b. They think we should give more individual rights and money to the government.

(I agree with a.)

While I agree somewhat Pops that people over consume now I like to use the income/house argument when comparing with my parents. When my dad left college his annual income was roughly 1x the cost of a nice new suburban house in California... When I left college it would take more like 4x my income to purchase the same in New Mexico!... And we won't even discuss health care costs etc... I don't consider myself a rampant consumer. We don't have satellite or cable. I don't collect gadgets and have even let my (pay as you go) old cell phone expire... I see some of what you describe among X'ers but I see more just trying to keep their heads above water...

-G
gnm
 

Re: A gentle reminder that you never really own your home

Unread postby I_Like_Plants » Fri 20 Jul 2007, 15:18:24

$this->bbcode_second_pass_quote('Hawkcreek', '
')Ok, not true. In the 1950's a man could provide for a family without the wife working. They didn't have Wally world junk, but I know a lot of hard working people today who can't afford Wally World junk, and it still takes both the husband and wife working to afford the necessities for the family. That seems like a large cut in pay to me. And the government took a much smaller slice out of the middle class paycheck in the 50's also.
If you argue that the standard of living today is better than 50 years ago, you go against the perceptions of most older people who remember those days. And much of that reduction is caused by excessive taxes and the hidden tax of inflation.


The standard of living was LOWER back in the 50s but people were happier. Mom stayed at home and cooked all the food, my mom made clothes from patterns! Anyone seen the movie Apollo 13? How that one guy's wife made him a new vest? That was not an eccentricity, wives made clothes. They did all the mending, cooking, cleaning, and for yard work there was Dad with his mower and us kids. We got a newspaper maybe. We had "a' TV not one in every room. You didn't buy books you went to the library. Kids were eating a lot less calories and much much fewer junk calories. Kool-Ade only really came in in the 1960s, normally it was lime ade from the neighbors' trees or old old ice water. Breakfast was Quaker Oats or eggs'n'toast. Toys were self-made (my faves were ones I made myself, I was a weird kid) or stuff like paper dolls, Revell models, stuff you built from plans in Boys Life or something, the odd matchbox car. Seasonally there were kites, which cost something like 12 cents!

My own memories are what I remember of the late 60s but you get the idea.

As it's measured today, the standard of living was decidedly lower. As people are starting to wake up and realize, it was actually higher and here's why - safe neighborhoods to walk to school. Dad had a pension waiting for him when he retired. Food was home-cooked and nutritious (unless your mom cooked like mine it was also delicious!) There was a lot more parent-child time and wholesome activities like fishing and hiking. Dinner time was family discussion time around the table too. Today, only the more affluent get to live this way.
I_Like_Plants
Intermediate Crude
Intermediate Crude
 
Posts: 3839
Joined: Sun 12 Jun 2005, 03:00:00
Location: 1st territorial capitol of AZ
Top

Re: A gentle reminder that you never really own your home

Unread postby Pops » Sat 21 Jul 2007, 15:29:26

G you are arguing from a position of power – your chosen location suits your values.

I would guess it took somewhat of a different outlook and dedication to those values to find your place instead of following the herd; I applaud you.

Point being there are certainly a majority of locations not as fortunate and completely dependant on infrastructure – and it only follows that someone must pay for that infrastructure.

How far do you think a municipal water, sewer, school, police, fire, etc system get on voluntarily contributions?
The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves -- in their separate, and individual capacities.
-- Abraham Lincoln, Fragment on Government (July 1, 1854)
User avatar
Pops
Elite
Elite
 
Posts: 19746
Joined: Sat 03 Apr 2004, 04:00:00
Location: QuikSac for a 6-Pac

Re: A gentle reminder that you never really own your home

Unread postby Hawkcreek » Sat 21 Jul 2007, 15:45:28

--
Last edited by Hawkcreek on Tue 21 Aug 2007, 13:10:22, edited 1 time in total.
Hawkcreek
Expert
Expert
 
Posts: 1468
Joined: Sun 15 Aug 2004, 03:00:00
Location: Washington State

Re: A gentle reminder that you never really own your home

Unread postby Pops » Sat 21 Jul 2007, 16:21:20

To me a Lefty is as populist and Righty is for the status quo.

I know; bumper stickers, wedge issues and the fringe groups have changed those connotations since Nixon’s really inspired Southern Strategy worked so well.

Still my thought.
The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves -- in their separate, and individual capacities.
-- Abraham Lincoln, Fragment on Government (July 1, 1854)
User avatar
Pops
Elite
Elite
 
Posts: 19746
Joined: Sat 03 Apr 2004, 04:00:00
Location: QuikSac for a 6-Pac

Re: A gentle reminder that you never really own your home

Unread postby eastbay » Sat 21 Jul 2007, 16:59:30

gnm,

Yeah, that's cool... but I still think this entire right-left discussion will be rendered moot in a few years. It will all boil down to hungry vs
not- hungry, dry vs wet, and cold vs not- cold, murdered vs not-murdered... things like that.

In other words, we'll all begin to focus more and more on the lower realms of Maslow's pyramid of hierarchical needs.
Got Dharma?

Everything is Impermanent. Shakyamuni Buddha
User avatar
eastbay
Expert
Expert
 
Posts: 7186
Joined: Sat 18 Dec 2004, 04:00:00
Location: One Mile From the Columbia River

Re: A gentle reminder that you never really own your home

Unread postby Hawkcreek » Sat 21 Jul 2007, 17:04:59

--
Last edited by Hawkcreek on Tue 21 Aug 2007, 13:05:29, edited 1 time in total.
Hawkcreek
Expert
Expert
 
Posts: 1468
Joined: Sun 15 Aug 2004, 03:00:00
Location: Washington State

PreviousNext

Return to Open Topic Discussion

Who is online

Users browsing this forum: No registered users and 1 guest

cron