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Metropolitan DC Local Politics
Reply to "MoCo Council Vote Today"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]All, Let him live in his own little happy world. Please don't try to explain his mortgage amortization schedule to him.[/quote] Not sure who you think you’re talking to but I’ve spent a lot less on housing in the last 15 years than I would have if I kept renting. [/quote] I'm sure that's true, but you also 1) got in near the bottom of the market and at unprecedented, low interest rates, 2) probably haven't moved in that time, and 3) [b]have been a beneficiary of tax subsidies.[/b][/quote] Not as much as the landlord class. Landlords will always want to raise rent, so it’s hard to get ahead if you’re renting. There wouldn’t be a housing crisis if landlords hadn’t spent so much money getting politicians to rig the rules to favor constructing rentals. The business model is the crisis. [/quote]
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