Mind you Hedge without open supply and demand effecting prices you may actually be living in a cave without electricity or running water.
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Hedge where do the people get the money from to buy the houses to rent at under cost so that the people renting cannot purchase a house from.
There must have been price increases in the past to justify the prices paid for the properties. Otherwise investors money could be better spent somewhere else.
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Parsley you mention a time in China's past when pheasant's daughter were taken from them sometimes purchased with the promise of bringing home money which never materialized, and used by government officials for sex until unwanted, not that it does not still happens today it does but not to the extent it did.
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Parsley - you are wrong, wrong, wrong. Heli buddy
is very good at what he does, and doesn't mind
telling strangers all about it. But he doesn't produce
or contribute anything - he's a user and a taker. He
takes what the system allows him to. As far as him
being super rich, I don't give a rats ass. But he was
very entertaining, though somewhat condescending
to us ordinary folks.
As far as the druggies, Yeah feed them their junk
and keep them off my property at night. Or what do
you suggest, round them up every morning and put
them in front of a firing squad? Or give them a
sound lecture on self reliance, dignity and social
responsibility and expect them to walk away
completely reborn? Be realistic. If everything was
black and white, we wouldn't need grey matter.
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The fact that the rich pay or don't pay tax was not directed at you parsley , was just asking for your confirmation of the truth. Seems a lot of people think rich people pay no tax, hear it every ****ing day, tired of it. I don't entirely understand this occupy movement, appears a lot of unemployed members under the gov't umbrella for medical and their welfare for living are the ones protesting. Too much time on ones hands with nothing to do can do strange things to ones mind. What do we do with these people.
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Heh Rockpile love your line- if everything was black and white we wouldn't need grey matter- I've got to tell that to my Reform party mp lol
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George Will has about as good a take on this as there is so far. This so-called movement is a flocking of losers who do not have the balls to get ahead, so they blame "the system". Effective management of business corporations, for the benefit of shareholders and employees (and of course the management) looks to them like wanton greed. Practically everyome in Canada has a direct stake in a healthy business sector because Canada Pension Plan money is invested largely in equities (instead of being loaned to the provinces at sub-market rates as it was historically). In general there are only three sources of income: employment, investment and welfare. Employment income can come from private business or the government. Private employers are the only ones who create wealth. One of the few common threads in the demands of these protestors is a guaranteed income for everyone "regardless of employment status". This is not the start of a social or political movement. The communist revolutionaries of the early 20th century had far more coherent plans for economic reform, and we know where that got them. The economic system of the western world was not imposed by anyone. It evolved over hundreds of years and it has provided more or less everyone who cared to figure out how it works with the highest living standards in the history of the planet. The demonstrators are punks and kooks who think they are entitled to a high standard of living without contributing or producing anything. In time even the general public will figure this out.
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when one section of society is living to excess at the expense of the majority, that is when revolutions happen.
Just ask the french, russians etc.even america had a revolution over excess taxation.
Those who ignore history are condemned to repeat it.
I dont know how people feel in canada, but here in the UK, where most people are hurting as the bankers and property speculators live it up on our cash, unrest is growing.
The UK is maybe unique in that property speculation is our biggest industry, thats why a small cottage costs £300,000 and £1,000/ month to rent. no one can afford it, unless granny left you a pile.
I am a free marketeer, but not for housing , which essential for civilisation. one house per person should be the rule.
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