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Old 11-09-2011, 11:48 AM   #679
afc wimbledon
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Quote:
Originally Posted by To Be Quite Honest View Post
The quality of builds is crap. I owned a suburban home built in 2002 and it was crap (tank god I don't have it anymore). Every house I visited on the block was crap. In fact most houses built after 1994 have been crap. I have a family member that was involved in house construction with his own business for 15 years and this was his opinion. The materials and training are subpar and yet we pay ridiculous amounts for these homes...

This was opinion. Homes should not cost $300 000 to build. Materials do not cost this much.

Now being that this is not the Occupy Calgary thread lets get back to the main discussion shall we. AFC took a part of my previous post and turned it solely into a homes discussion.

"Savings in particular have been stolen in the USA causing MASSIVE world economy collapses. It isn't some insignificant glitch, it was a calculated system wide money grab by financial corporations. What happens when a corporation fails? Well if your phone breaks, or your computer stops working you probably can't get the warranty work, but if a financial corporation fails by the deliberate actions of investors and employees does that money go back to the people? Nope, it stays with the thieves who took it because of corporate law. Now MILLIONS are out of savings and homes and they want to do something about it..."

So when an irresponsible financial corporation dies and all it's money has bled out to the owners pockets what happens? The people sure don't get it back. These owners don't go to jail. This is the main issue at occupy<insertcityhere>.

Anyway, I think most people are for reform in investing. It's just the "Bankers need to pay back what they took" that some of you have a problem with.
I guess law was manipulated enough over the years for you to believe what was done was okay?
I feel obligated to point out that most of the cost of a house is the land underneath it, materials and labour have nothing to do with it, and for most individuals owning land is the only true wealth they will ever have, if you undermine this you actually increase the disparity.
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