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Author Topic: The one law that would bring peace during an Economic Collapse  (Read 3249 times)
EvolutionA2Z
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July 09, 2014, 07:22:21 PM
Last edit: July 15, 2014, 12:23:18 AM by EvolutionA2Z
 #1

Pass a law limiting the amount of homes you can own down to one house per person.
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July 09, 2014, 10:42:45 PM
 #2


Saying that you don't trust someone because of their behavior is completely valid.
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July 09, 2014, 11:58:43 PM
 #3

lol I don't think you've thought this one through...

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July 10, 2014, 05:05:28 AM
 #4

Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.

Wow. I am not even sure where to start. Take a moment to read what you have written and maybe consider using the edit button.

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July 10, 2014, 05:41:27 AM
 #5

Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.

So, whats this mean? Rather than renting out homes rich people pay X people to demolish their homes and sell them the land. Then they live in a mansion in the middle and rent the remaining land out to serfs who farm it living in tents because it would be illegal to improve the land as the rich guy owns it.

So basically this law would have the effect of demolishing all the houses currently rented out.

Productivity~!

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July 10, 2014, 03:08:06 PM
 #6

Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.
Hi,
But why you want that?
In Bulgaria we are just getting started with the capitalism from 25 years and no one want the socialism back. The idea of equality is not bad as concept, but realy is not possible. China is managing it somehow ...we will see it in the future Smiley
BR
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July 10, 2014, 03:13:01 PM
 #7

Good luck telling Americans they can't buy more land. I think it would bring a revolt, not peace. And think about what would happen to real estate prices if you could only buy one place.
Congrats, the home you bought last year for $200K is now worth $50K because too many buyers already have a home.  Sad

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July 10, 2014, 06:32:16 PM
 #8

Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.

This is the antithesis of property rights.


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EvolutionA2Z
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July 10, 2014, 09:00:15 PM
 #9

Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.
Hi,
But why you want that?
In Bulgaria we are just getting started with the capitalism from 25 years and no one want the socialism back. The idea of equality is not bad as concept, but realy is not possible. China is managing it somehow ...we will see it in the future Smiley
BR

Do you pay property tax in Bulgaria? Because if you do, then you don't own that property, and you still have some form of socialism.
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July 10, 2014, 09:19:24 PM
 #10

Good luck telling Americans they can't buy more land. I think it would bring a revolt, not peace. And think about what would happen to real estate prices if you could only buy one place.
Congrats, the home you bought last year for $200K is now worth $50K because too many buyers already have a home.  Sad

First off I said in an Economic Collapse. So that home you bought for $200k is already $50K. But instead of bailing the banks out, bail out the property owners.

Secondly, you say good luck telling Americans they can't buy more land, as if they are buying property right now hand over fist. How many couples do you know own more then two places anyways? Last time I checked, the amount of Americans that would bring revolt over this law would be an extremely small percentage.

And lastly, this forces all the property vultures and big banks to auction off all the land they have hoarded. This land belongs to the country anyways. Thats why you pay property taxes.
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July 10, 2014, 09:27:28 PM
Last edit: July 11, 2014, 12:21:27 AM by EvolutionA2Z
 #11

Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.
Hi,
But why you want that?
In Bulgaria we are just getting started with the capitalism from 25 years and no one want the socialism back. The idea of equality is not bad as concept, but realy is not possible. China is managing it somehow ...we will see it in the future Smiley
BR

Sure China in managing. They have apps on their phones telling them that if the pollution is at dangerous levels they need to wear their mask today. If you go to a restaurant you shit in a hole. And under that restaurant is a pig pen, where your pork eats your shit. Oh, and you get to eat delicious food cooked in gutter oil. http://www.youtube.com/watch?v=zrv78nG9R04

We lost capitalism when we bailed the banks out. In capitalism, if you go bankrupt your suppose liquidate everything and start from scratch. I would like to get back to capitalism myself.
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July 10, 2014, 09:32:49 PM
 #12

Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.

So, whats this mean? Rather than renting out homes rich people pay X people to demolish their homes and sell them the land. Then they live in a mansion in the middle and rent the remaining land out to serfs who farm it living in tents because it would be illegal to improve the land as the rich guy owns it.

So basically this law would have the effect of demolishing all the houses currently rented out.

Productivity~!

No. I am saying that you force anyone with more that one property (Including the Big Banks) to sell their excess properties off. That land belongs to the country anyways. Thats why you pay property taxes.
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July 10, 2014, 09:35:11 PM
 #13

Good luck telling Americans they can't buy more land. I think it would bring a revolt, not peace. And think about what would happen to real estate prices if you could only buy one place.
Congrats, the home you bought last year for $200K is now worth $50K because too many buyers already have a home.  Sad

First off I said in an Economic Collapse. So that home you bought for $200k is already $50K. But instead of bailing the banks out, bail out the property owners.

Secondly, you say good luck telling Americans they can't buy more land, as if they are buying property right now hand over fist. How many couples do you know own more then two places anyways? Last time I checked, the amount of Americans that would bring revolt over this law would be an extremely small percentage.

And lastly, this forces all the property vultures and big banks to auction off all the land they have hoarded. This land belongs to the country anyways. Thats why you pay property taxes.

1. In an economic collapse, the last thing we would need is more market manipulation from laws which limit interactions with the market.

2. Any law which limits the right to property; real estate, personal, intellectual, or otherwise, would end up in a revolt. It makes no difference to those affected or unaffected, that would be like saying "There is a national curfew from 2:00am until 4:00am every Monday until Friday." most people would be unaffected by that, however it would also end in a revolt because people resent subjugation.

3. Those properties owned by the banks without occupants can be claimed under adverse possession. Squatters rights are necessary for the purpose of preventing too much real property from falling into the hands of banks and thus ending up dilapidated and in disrepair as banks don't maintain property...  

...loteo...
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July 10, 2014, 09:49:07 PM
 #14

Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.

This is the antithesis of property rights.


Right now we are dealing with something coined as "Interest Rate Apartheid." Since central banks are buying up all the property and last week an article came out showing that central banks are buying trillions of stocks at 0 percent interest rates we are going to end up with Banks and Central Banks owning everything from all property and all stocks. Giving property rights back to the people would not be the antithesis of property rights.
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July 10, 2014, 10:02:50 PM
 #15

Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.

So, whats this mean? Rather than renting out homes rich people pay X people to demolish their homes and sell them the land. Then they live in a mansion in the middle and rent the remaining land out to serfs who farm it living in tents because it would be illegal to improve the land as the rich guy owns it.

So basically this law would have the effect of demolishing all the houses currently rented out.

Productivity~!

No. I am saying that you force anyone with more that one property (Including the Big Banks) to sell their excess properties off. That land belongs to the country anyways. Thats why you pay property taxes.

Wow, so in an economic collapse, where properties are forced to be liquidated due to defaults, causing a massive price crash and huge deflation, your "solution" is to force the liquidation of EVEN MORE PROPERTIES. Yeah, that seems like a real good idea. If you haven't noticed, it isn't in bank's business plan to own homes. They WANT TO SELL those homes already, thats the entire thing that causes the crisis in the first place. All you'd be doing is majorly fucking over landlords and renters.

Also, how can land "belong to the country" when I BOUGHT IT, or I PAID FOR SOMEONE ELSE TO BUY IT AND PLACED THAT PROPERTY AS COLLATERAL?

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July 10, 2014, 10:13:15 PM
 #16

Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.

This is the antithesis of property rights.

There are many legit reasons for a person to need to own more then one home; successful children buy a home for their parents and their children, owning rental properties that allow other families to rent and live in that cannot afford to purchase a house, just to name a few.

Property rights would be the protection of property that is owned, and limiting the number of houses that one can own would restrict what people can use their money (property) to purchase.

This spot for rent.
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July 10, 2014, 10:20:19 PM
Last edit: July 10, 2014, 10:43:13 PM by Erdogan
 #17

Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.

This is the antithesis of property rights.


Right now we are dealing with something coined as "Interest Rate Apartheid." Since central banks are buying up all the property and last week an article came out showing that central banks are buying trillions of stocks at 0 percent interest rates we are going to end up with Banks and Central Banks owning everything from all property and all stocks. Giving property rights back to the people would not be the antithesis of property rights.

Property rights just means that you own yourself and the product of your actions. Actions include trade in the free market. This right is just as important as the right to freedom from violence and coercion. It is also fundamental for the productive capacity of the population. This is a secondary effect to the all important moral principle.

What you say about the central bank and the interest rate apartheid (good expression) is true, but both are impossible if freedom, including property rights, exists.




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EvolutionA2Z
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July 10, 2014, 10:38:13 PM
 #18

Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.

This is the antithesis of property rights.

There are many legit reasons for a person to need to own more then one home; successful children buy a home for their parents and their children, owning rental properties that allow other families to rent and live in that cannot afford to purchase a house, just to name a few.

Property rights would be the protection of property that is owned, and limiting the number of houses that one can own would restrict what people can use their money (property) to purchase.

First off most property owners have created their fortune from Capitalism. We lost capitalism. Now we deal with so many hoops and red tape that it becomes extremely difficult to start anything up. Government got too big and there are too many bureaucrats trying to justify their jobs that all they do all day is pass more laws. There are zero legit reasons for someone needing to own more then one house. If you buy your friends and family houses then you don't own more than one house. If you pass this law all families will be able to afford one house because owning will be cheaper then renting now. Your rent pays that landlords mortgage. If prices come down then the mortgage payment goes down.
pungopete468
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July 10, 2014, 10:44:55 PM
 #19

Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.

This is the antithesis of property rights.

There are many legit reasons for a person to need to own more then one home; successful children buy a home for their parents and their children, owning rental properties that allow other families to rent and live in that cannot afford to purchase a house, just to name a few.

Property rights would be the protection of property that is owned, and limiting the number of houses that one can own would restrict what people can use their money (property) to purchase.

First off most property owners have created their fortune from Capitalism. We lost capitalism. Now we deal with so many hoops and red tape that it becomes extremely difficult to start anything up. Government got too big and there are too many bureaucrats trying to justify their jobs that all they do all day is pass more laws. There are zero legit reasons for someone needing to own more then one house. If you buy your friends and family houses then you don't own more than one house. If you pass this law all families will be able to afford one house because owning will be cheaper then renting now. Your rent pays that landlords mortgage. If prices come down then the mortgage payment goes down.

You aren't getting it... It's nobodies business how many houses I or anyone else owns... If I own too many houses that I can't keep up with them then they will likely be lost under adverse possession by squatters...

Why must a person establish a "need" to buy something? Who holds that power over the head of a citizen in our Constitutional Republic? There are massive problems, but your proposed solution would make things much worse.

...loteo...
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Yakamoto
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July 10, 2014, 10:48:54 PM
 #20

Bring back property rights. Pass a law limiting the amount of homes you can own down to one house per person.

This is the antithesis of property rights.

There are many legit reasons for a person to need to own more then one home; successful children buy a home for their parents and their children, owning rental properties that allow other families to rent and live in that cannot afford to purchase a house, just to name a few.

Property rights would be the protection of property that is owned, and limiting the number of houses that one can own would restrict what people can use their money (property) to purchase.

First off most property owners have created their fortune from Capitalism. We lost capitalism. Now we deal with so many hoops and red tape that it becomes extremely difficult to start anything up. Government got too big and there are too many bureaucrats trying to justify their jobs that all they do all day is pass more laws. There are zero legit reasons for someone needing to own more then one house. If you buy your friends and family houses then you don't own more than one house. If you pass this law all families will be able to afford one house because owning will be cheaper then renting now. Your rent pays that landlords mortgage. If prices come down then the mortgage payment goes down.
Ok, time to buy houses and pass them to my kids. That's one house per person. I see no issue here.

But dude, have you thought this through? Why not own multiple houses, rent the interior and then use the back yard as garden to supplement the grocery bill?

Plus renting is cheaper. For a certain amount of time, renting is far cheaper than the owning of a house would be. Houses would have to plummet in value for that to even be considerably viable. Many renters would be forced out of their homes.

And what happens to the people that already own more than one house? Do their houses go up for auction, with a starting bid of $500 and the. People lowball the crap out of it, giving the owner a minuscule amount if what he paid, further hurting his financial situation in an ECONOMIC COLLAPSE.

And then it's an ECONOMIC COLLAPSE. Yeah I'm keeping my houses, nabbing whatever I can and having people pay rent in BTC, Gold/Silver or food. Thanks, but I ain't listening to any of that crap.
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