Politics
Out of context: Reply #1771
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- Point50
@ TheBlueOne... in your above post of that article, I can only respond to
•The four biggest problem areas for housing (by price decreases) are: Phoenix, Arizona; Las Vegas, Nevada; Miami, Florida, and San Diego, California. Explain exactly how these affluent, non-minority regions were impacted by the Community Reinvesment Act ?
I don't know about the other 3 regions, but here in Vegas, as affluent as it may seem on the surface, the life blood of all that shitty glitz and glamor is a heavy dose of minorities. It takes a shit load of maids to clean those tens of thousands of hotel rooms, to port the tons of trash, to drive the insane fleet of cabs. When the boom first started out here in the late 80s the cost of living was insanely low, but since the turn of the century it has climbed to tame the financially-happy beast. Being a labeled "minority" (what a fucking lame word to apply these days), I know plenty of other minorities that did purchase houses during these periods and plenty of "non-monorities" (whites?) that purchased houses as well... many of them being a part of the service industry and many not; And I know plenty of both that have/are losing them just the same. Bling and money in times of prosperity created something out of nothing here. IT'S THE FUCKING DESERT PEOPLE! Seriously, come on. What is this patch of dry dirt worth? you can't grow shit here, the man-made lake is drying up, and the casinos are still rolling in millions of dollars every as citizens lose their houses and jobs. This was a facade... it's a polished turd out here. The only thing you can sustain out here easily is your alcohol buzz. I think Vegas is a prime example of speculation and keeping up with the Jones's. I glad this market is getting kicked in the balls, maybe prices will end up where they should be.
- and not, this is not a shot at you BlueOne, just me ranting and ventingPoint5