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~3 users here now
Nobody needs a 30 round magazine for hunting. Noisy warning.
submitted 1 year ago by iamonlyoneman from files.catbox.moe
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[–]iamonlyoneman[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 1 year ago (1 child)
the government printing money out of thin air and debasing the dollar is what makes rents go up actually
[–]jingles 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 1 year ago (0 children)
Sure, that makes the value of the dollar go down, which means that the prices of everything goes up, including rents.
I just read that the 2019 tax rate in Houston is $0.56 per $100 of value which is basically approximately 1/2 percent tax rate of the appraised value of your house.
Take the appraised value of your house($500k) multiplied by 0.0056 equals $2,800
This amount will be paid by either the homeowner or by the renter.
If these tax rates increase, rents increase, which causes the prices of everything to increase.
People need to earn more so they can afford to pay their taxes.
Eventually the entire mechanism will implode
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[–]iamonlyoneman[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (1 child)
[–]jingles 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)