Millennials ain't all bad

Cut off those bottom feeders, you got a pyramid! Think different :joy:

In nature, those that canā€™t collect/catch enough food die. In developed countries, we donā€™t let other humans die. Those at the top of the pyramid must produce more to feed the bottom. We take it a step beyond just feeding and demand the top provide many basic items. If you keep growing the bottom, then eventually the top canā€™t produce enough to feed the bottom. Then youā€™ll get anarchy. This is why socialism always ends up with the same result. Once the high-performers donā€™t have an incentive to outperform, then they stop doing it. Eventually, you get massive food shortage and uprising.

You can see the bottom of the pyramid growing by how many are on food stamps. You can see it growing by the rise in the number of households dependent on at least 1 social programs. Right now, we just add more debt and kick the bill down the road. Bills need to be paid some day, and the only people capable of paying them are the top of the pyramid. Weā€™re setting it up, so the bill will be too big for them to pay.

ā€œReversing pro anti-eugenicsā€ā€¦ hmmmā€¦ pro anti-eugenics means you donā€™t want eugenics. Reversing that means you do want eugenics! So yes, he does want eugenics afterall :slight_smile:

Another note: from a natural selection perspective, survival of the fittest means those able to carry the most offspring. So if a low IQ person is able to reproduce more successfully than a high IQ one, that means nature has selected the low IQ group for being the more successful. This could be against normal human definition of what defines as ā€œsuccessfulā€, but sometimes nature and human activities are not always compatible with each otherā€¦

Thought you are an intelligent person. Long ago is 0. Because of anti-eugenics, now is -10. Reversing anti-eugenices, say move to -5. Obviously need eugenics force to move from -10 to -5. From the initial state, is not an eugenic proposal. From current state, is an eugenic proposal. Is why I ask where is the base case. Got it?

Umā€¦ itā€™s not due to my lack of intelligence but rather due to your lack of competence in the English languageā€¦

Is this the best you can do? :stuck_out_tongue_closed_eyes:

Guys, what the heck are we talking about here?

Weā€™re debating petty things that arenā€™t even real estate relatedā€¦ wait maybe they areā€¦ :slight_smile:

Itā€™s not the first time I wish the forum has more women postingā€¦ :slight_smile:

I think most people can easily reproduce if they want. Educated people tend to use birth control, so they have a ton of kids. It costs a lot to raise kids when the govnement doesnā€™t give you more money for every kid.

Havenā€™t you heard of the old Chinese saying: three generations will be blessed if you donā€™t become a matchmaker? :grin:

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By now, canā€™t you tell I have no scruples whatsoever? It is all about the commission (red envelope) for meā€¦

Thanks Jane :slight_smile:

It was more or less due to the environment I grew up in (blue collar household). Since I was little I knew I need to get my own place and move up the ladder so nobody would look down upon my family (the unpleasant rental experience also helped in this case). Long story short got into a very good school and as soon as I was able to pass the mortgage test I pulled the trigger. My only regret is not being born a few years earlier to enjoy even more RE gain.

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Once people have their first kid theyā€™re almost forced to have at least another one. Parents donā€™t want the first kid to feel lonely.

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Thatā€™s how @wuqijun feels about his propertiesā€¦

Actually, Iā€™ve owned only one home for a long timeā€¦ almost 12 years. Because I only believed in stock investments back then. I didnā€™t think about owning rentals as an option to accumulate assets. But once I started doing it 4 years ago, Iā€™ve been extremely aggressive in acquiring properties (to make up for lost time). I couldā€™ve accumulated even more had I started couple years sooner, but hindsight is always 20/20ā€¦ Iā€™m happy with the results so far :slight_smile:

[quote=ā€œwuqijun, post:157, topic:1830ā€]
I didnā€™t think about owning rentals as an option to accumulate assets. But once I started doing it 4 years ago, Iā€™ve been extremely aggressive in acquiring properties (to make up for lost time).[/quote]

That is 2013, same year that I started acquiring 1 rental per year in Austin. Aggressively mean 1 per year?
What is the benefit you have in mind for this RE diversification?

Aggressive meaning I bought 10 rentals within 1 yearā€¦ 1 rental per month!!! Yes, I did thatā€¦ it was crazy. I donā€™t know where I found the stamina to do all that, but somehow I managed. I think largely that was because I was angry at myself for missing out the housing bottom. So I was determined not to miss out anymore.

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(Me) or moola (stamina i got, moolaā€¦questionable)

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Well done. Mostly SFHs or condos or multi-family? All in East Bay, right?

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