All Forum Posts by: Brad Hodach

@Nathan Smith

Joining the service can be a very good choice. Let the service pay for your college if you want to go. Your VA loan will help you get your first property.

@Christina Lee

I think taxes would be the biggest impediment. UK Real estate had been quite lucrative until recently. Now investors are selling due to changes in the tax law. Lending is also more difficult there.

@Isaac El

Say “thank you” and move on.

There’s plenty of good fish in the sea.

@Bryan Beal

It is fine to have a discussion about when to reopen the economy, about what constitutes risk and at what cost the lockdown....

That said i have seen the government do nothing whatsoever inconsistent with its role in protecting public health. Consider the measures taken in 1918, compared with which this situation is a minor inconvenience.

And yes, I am equally concerned with the consequences for our economy, and very very bored at home.

Those who think of government as unnecessary and taxation as theft would do well to consider how well their liberties and property would be defended if we were talking about Ebola instead of a particularly vicious flu. The problem is nobody knows how bad the problem is until it is far too late to stop.

To put things in perspective, try reading the introduction to the Decameron. Then read the rest of the book. It’s highly entertaining and you do have time.

@Tony T.

I am no constitutional law scholar, but this at least appears to violate the takings clause of the fifth amendment. They should run this through legal first.

@Leah Marie. I just watched today's conference. As a throwaway line, POTUS said HUD would impose some kind of moratorium on foreclosures and evictions until the end of April. I was left wondering why he thinks HUD has the authority to interfere into such a basic matter of state jurisdiction. I'm stumped. Any conlaw scholars want to noodle this one?

@Benjamin Stewart

Agree that much government regulation is inflationary, particularly with regards to housing and education. That said most governments are contending with deflationary pressures caused by automation and technology. Putting more dollars in the hands of consumers might persuade companies to create more goods and services instead of simply repurchasing their own stock. The competition among them would likely temper inflation.

@Wes Blackwell

1. I would use the extra 1k to pay off student loan debts sooner, then build a cash reserve for future investments. But that’s what i would do with any windfall.

2. I’m in northern Nevada. I don’t know what would happen to the real estate market there with the introduction of UBI. Rents have increased there nicely in the past few years. Perhaps an extra thousand a month would make it easier for younger people to remain in communities where they grew up instead of having to move to work. The largest effect of UBI would likely be revitalizing the economies of rural areas, which in turn would support real estate values and rents in those locations.

3. I wouldn’t automatically raise rents, but I would follow rental price trends and raise rent if the local market supports it.

This is an interesting discussion which is likely to continue.

Already nearly half of Americans surveyed express support for the idea of UBI. While it should be approached with due care, it should be not be dismissed out of hand as it offers a pragmatic market oriented approach to some very thorny problems which are here to some extent now and will likely increase in the next 10-15 years. Moreover, it is an idea which has attracted substantial interest on both the right and the left, and could be an idea around which we might ultimately build a political consensus.

@Roland S. Plenty can and should be done to alleviate structural poverty. Begrudging landlords their reward for providing decent accommodation to the public is not one of them. This article misses the mark.