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Real Economic Stimulus


               
2016 Oct 21, 10:24am   5,772 views  13 comments

by anotheraccount   follow (1)  

200B to build 1,000,000 apartments over next 12 months in areas where housing affordability is bad. This would be way better than trying to build a stupid train from LA to bay area.

This would create jobs plus make housing more affordable. The only people that would hate are it a land lords like BlackRock that are gauging lower middle class with high rents.

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1   Strategist   2016 Oct 21, 10:36am  

tr6 says

200B to build 1,000,000 apartments over next 12 months in areas where housing affordability is bad. This would be way better than trying to build a stupid train from LA to bay area.

This would create jobs plus make housing more affordable. The only people that would hate are it a land lords like BlackRock that are gauging lower middle class with high rents.

That's $2,500 for a family of 4. I ain't paying. Screw off.

2   RWSGFY   2016 Oct 21, 10:37am  

tr6 says

land lords like BlackRock

BlackRock is not in rental business. You're confused.

3   justme   2016 Oct 21, 10:52am  

Straw Man says

BlackRock is not in rental business. You're confused.

I think they are, because the bought lots of MBS (mortgage backed securities). Are you sure?

4   RWSGFY   2016 Oct 21, 10:54am  

justme says

Straw Man says

BlackRock is not in rental business. You're confused.

I think they are, because the bought lots of MBS (mortgage backed securities). Are you sure?

Buying MBS and being a landlord are two completely different things. I have BMW stock - do you think I"m in car making business too?

5   justme   2016 Oct 21, 11:00am  

I meant Blackstone, not Blackrock, but even Blackrock has at least an interest in rental through Rental Backed Securities. Just google it.

http://www.zerohedge.com/news/2015-01-09/do-you-pay-rent-blackstone-where-wall-street-americas-landlord

6   missing   2016 Oct 21, 11:06am  

Here's something obvious, easy, realitively cheap, and very effective thing that can be done:

Redesign/reprogram the traffic lights from using detectors to be synchronized to create green waves along busy streets.

This will save time, money, stress, energy, greenhouse gasses, and possibly many accidents.

7   Tenpoundbass   2016 Oct 21, 11:12am  

Just wait until Trump undoes all of the regulation.

10% GDP growth.

That's when any monument to any President in the last 40 years will be destroyed by the Democrat overs like ISIS rampaging through antiquity.

8   anotheraccount   2016 Oct 21, 11:40am  

justme says

I meant Blackstone, not Blackrock, but even Blackrock has at least an interest in rental through Rental Backed Securities. Just google it.

http://www.zerohedge.com/news/2015-01-09/do-you-pay-rent-blackstone-where-wall-street-americas-landlord

Thanks. BlackRock is in the business too: https://www.blackrock.com/institutions/en-us/strategies/real-assets/real-estate

9   anotheraccount   2016 Oct 21, 11:42am  

Strategist says

That's $2,500 for a family of 4. I ain't paying. Screw off.

$200,000,000,000/1,000,000 units=$200,000 per unit not $2,500. That's enough to build a nice apartment in California.

10   anotheraccount   2016 Oct 21, 11:44am  

The train cost $100,000,000,000/38,000,000 million people = $2,631 per person or 26 round trips to Southern Cal on Southwest sale. How many trips does one make in a lifetime?

11   RWSGFY   2016 Oct 21, 12:42pm  

tr6 says

justme says

I meant Blackstone, not Blackrock, but even Blackrock has at least an interest in rental through Rental Backed Securities. Just google it.

http://www.zerohedge.com/news/2015-01-09/do-you-pay-rent-blackstone-where-wall-street-americas-landlord

Thanks. BlackRock is in the business too: https://www.blackrock.com/institutions/en-us/strategies/real-assets/real-estate

And I'm in car making business.

12   RWSGFY   2016 Oct 21, 12:43pm  

tr6 says

The train cost $100,000,000,000/38,000,000 million people = $2,631 per person or 26 round trips to Southern Cal on Southwest sale. How many trips does one make in a lifetime?

Fuck both the train and your "stimulus".

13   HEY YOU   2016 Oct 21, 1:50pm  

It's great that there is enough water for unlimited growth.

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