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Suppose Biden brings in 5-10 million more illegals and average home price goes to 2 million in a few years, does that get counted as an increase in GDP?
1 posted on 04/03/2024 8:09:17 PM PDT by anthropocene_x
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To: All

The homes are not worth more.... the money will just buy WAY less.


2 posted on 04/03/2024 8:14:40 PM PDT by LegendHasIt
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To: anthropocene_x

No, but your property tax will go up astronomically.


3 posted on 04/03/2024 8:24:16 PM PDT by from occupied ga (Your government is your most dangerous enemy - EVs a solution for which there is no problem)
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To: anthropocene_x
The number of cities where the typical home price is at least $1 million has dramatically increased over the past year.

How about "the buying power of the dollar has dramatically decreased over the past year."

4 posted on 04/03/2024 8:27:14 PM PDT by Steely Tom ([Voter Fraud] == [Civil War])
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To: anthropocene_x

“worth” probably does not apply


5 posted on 04/03/2024 8:27:58 PM PDT by linMcHlp
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To: anthropocene_x

What’s the increase in Trump’s properties these last few years?


6 posted on 04/03/2024 8:28:45 PM PDT by Jim Robinson (Resistance to tyranny is obedience to God.)
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To: anthropocene_x

Just wait til they drop the interest rate, before the election.


7 posted on 04/03/2024 8:30:53 PM PDT by Jane Long (The role of the GOP: to write sharply-worded letters as America becomes a communist hell-hole.)
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To: anthropocene_x
Suppose Biden brings in 5-10 million more illegals and average home price goes to 2 million in a few years, does that get counted as an increase in GDP?

More likely these homes will be confiscated and subdivided and given to illegals.

9 posted on 04/03/2024 8:37:23 PM PDT by FreeReign
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To: anthropocene_x

Anyone remember the Weimar Republic?

https://commons.wikimedia.org/wiki/File:Germany_Hyperinflation.svg#/media/File:Germany_Hyperinflation.svg


11 posted on 04/03/2024 8:40:27 PM PDT by Dogbert41 (“Blessed are the peacemakers, for they will be called children of God” -Matthew 5:9)
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To: anthropocene_x

Average home is $1 million? Doesn’t that make Bidenflation 250% since 2021?


15 posted on 04/03/2024 9:46:44 PM PDT by NetAddicted (MAGA2024)
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To: anthropocene_x

In cities where you need to earn the kind of money it takes to buy a $1 million house.

Come to Trump country and you can buy five very nice houses for that money.


16 posted on 04/03/2024 9:59:32 PM PDT by bigbob
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To: anthropocene_x

Every government dollar spent on every illegal IS added to the official GDP.


17 posted on 04/03/2024 10:03:18 PM PDT by Sgt_Schultze (When your business model depends on slave labor, you're always going to need more slaves.)
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To: anthropocene_x
When the average price of a new home is between $400,000 and $500, 000, it is not surprising at all that there are so many million dollar homes.

Again, it just shows how much the value of the dollar has gone down!

21 posted on 04/03/2024 10:37:13 PM PDT by volare737 (Diversity is something to be overcome, not celebrated.)
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To: anthropocene_x

How many acres does the average million dollar home sit on? The bigger the house the closer you are to your next door neighbors. Some of those neighborhoods leave barely enough room for a fire truck to fit in between each house. How great is that?


25 posted on 04/04/2024 5:42:46 AM PDT by equaviator (If 60 is the new 40, then 35 must be the new 15.)
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To: anthropocene_x

In this “low-income” city, the 100 year-old 3 decker, with 3 BRs each floor and in which we rent one apt, and small yard and parking 3 cars, and in need of a new roof and siding, and renovation of one apt., is listed for almost 1 million as is the near duplicate building across the street. Not complaining myself as God is gracious, but some around here pay about $2500 per month even without parking.


26 posted on 04/04/2024 6:08:51 AM PDT by daniel1212 (Turn 2 the Lord Jesus who saves damned+destitute sinners on His acct, believe, b baptized+follow HIM)
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To: anthropocene_x

Windfall for property taxes


28 posted on 04/04/2024 6:32:01 AM PDT by Chauncey Gardiner (Vivamus stultus ignarus mori )
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To: anthropocene_x

I would love to find a nice little ghost town to disappear to. Of course, it would have to have high speed internet. LOL


31 posted on 04/04/2024 7:01:07 AM PDT by ducttape45 (Proverbs 14:34, "Righteousness exalteth a nation: but sin is a reproach to any people.")
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To: anthropocene_x
The next generation has been completely priced out of the housing market. .

No more of the the American Dream for them.

Sad

33 posted on 04/04/2024 7:27:41 AM PDT by volare737 (Diversity is something to be overcome, not celebrated.)
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To: anthropocene_x
It's more an indication of devalue than increase of value.

Just like bacon has gone from 1pound packages to 12 oz. packages universally, across the board, overnight.

34 posted on 04/04/2024 9:29:08 AM PDT by lewislynn ( Trump accomplished more for Americans in a 4 year term than any President in your lifetime.)
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