Housing bust

-
This I just can not understand, the only item where over time property raise's in value instead of falling.  Where a used item is still sold for more then initial purchase price.  In some limited case's property should go up only tiny bits when resold, but only in events where there was an add-on or remodel.

Theft, Fraud, Usury, Deregulation, Price fixing

Some property goes up/down in value based on factors that have nothing to do with the physical property it's self but neighboring property.  This you can sum up to Fraud, Usury or Price fixing.  Almost no one ever looks into this market as a source of potential crime happening as it has been going on like this for longer then 100 years.

Some people when looking to sell a house will force those in the neighborhood to spend extra money and time to beautify their property to artificially inflate property values in time for the sale of their property.  But no one looks into this as a Profiteering crime as they are too busy looking at it as a neighborhood beautification effort.

Home mortgages are a hot bed and is one of the largest money sink holes behind medical.  Just take a look and do the break down and math of what you are paying per month to what you should be paying.  You will find figures do not add up right.  On top of that mortgages are traded like stock options.

  1. APR ( Annual Percentage Rate ) is how much of what is owed in the remaining is increased per year.
  2. Interest rate a fixed amount of profit to the lender of the total.
^^^  Ding ding, should see a huge red flag there.  A ballooning amount of profit to the lender due to getting double interest in return in which one is a monthly and other is one time.  The APR is applied after the flat one time and re-tallied each year, not on the base value.  It is said you start off paying mostly on the interest then the base value, which wouldn't that lead to the gross total of what your paying back add up way more then 150% (instead of 110%) which for the longer the term of the loan the more the interest inflates.

-----

There is another aspect to this mess that again is not seen as a profiteering crime but as beautification, refusal to behave as a community, or cost reduction.  If it's cost reduction they want, they can file for ' non-profit ' status and have the residents them self employed to the building to do the maintenance...problem solved.  Yes those old housing ' projects ' that were done in the past with high rises was actually the most cost effective method of supplying the most housing at the lowest cost to everyone.  No longer have a homelessness issue or concern over skyrocketing housing costs.

Comments

Post a Comment

Popular posts from this blog

A sad truth about all this

-
Pages of illegal activity done daily by a vast number and in plain sight to all even documented.  These actions go unchecked and unquestioned by most thinking ' Business as usual ' or ' That's just how business works '. The case here is ignorance is not bliss, the vast populace should be angry for being cheated and misused.  Law enforcement should be arresting people in bus loads with how many or committing crimes. But reality is nothing is getting done or it's happening way way too slowly to have an effect.  But also the biggest fault is everyone is looking solely at the effects and symptoms while ignoring the bigger picture of whats causing them, whats at the root of them, why is all this happening. Government assistance is mostly an effect of a problem gone out of hand that almost no one is dealing with directly.  Everyone is complaining about the assistance programs over use and drain on the financial system while at the same time not looking at what i
Read more

Packaging bloatware

-
Here we have different aspects coming into each other:  Marketing, Shipping, Security, Storage, Manufacturing. Space and size directly effect shipping costs, storage costs and manufacture costs. The actual package it's self, some ideas are good and others are bad. Larger the package is the less documentation that needs to printed and shipped. Packages with air are crush able and take up extra space. Packages with extra padding are much larger but are questionable safer. Package shape effects total storage space: boxes are fixed in which are unforgiving, bags are cram able, blisters can be flipped to stack into each other and take less space. Package layering, I'm not talking the combing of different items into a single package but a single item in multiple layers of equal worth packaging.  Now an excusable event of this is an outside layer being unlabeled to prevent product theft or undue dmg. Large package save on documents, problem comes when they get much larger
Read more

Rent seeking product driving

-
Rent seeking is actually illegal under profiteering laws, yet the user base at large just sees this as ' business as usual ' or ' that is just how business works ' or ' how are we to tell others how they earn their money '.  Well the truth there is laws for that. Manufacturers having all their future and feature choices tied to an epicly short 3-6mo cycle with some making it to 12mo.  This time frame isn't long enough for end users to get the new smell and feel out of something to get a full value.  For military and space industries the use life of products are in a minimum 10yr cycle and that is where all manufacturers should expect their end users be using their products to, they did in the past.  Manufacturers go so far as limiting or even removing the end users access to simply clean the dust out of a device or replace batteries. Asking end users to pay a monthly to use their devices would go over like a lead balloon, but is essentially what we have
Read more