HISTORY REPEATS ITSELF AGAIN

one of my art history books found at a sale that I’ve been reading through. It will join the others to go to Half Price books later.

People often buy books like this for the coffee table and don’t bother to read them unless they’re taking a class and it’s a textbook. It doesn’t read like a text book but has some interesting text that applies to the world societies we live in today, and I don’t mean just about art. One interesting item I found happened in the Early Chou Dynasty, c. 1100 b.c.-256 b.c. During the warring states period of 403-221.

“The rich began to gather huge landholdings, forcing the poor to become landless tenants. As warfare among the states increased, taxes rose to unbearable heights of 50% or more; many tenant farmers owing more than they could produce escaped to join indigent, non-productive, and disruptive elements. (p. 42).

Homeless camps can be seen not only in America, other countries around the world too are suffering this growing crisis.

There is a long list of blames for the reason these encampments are seen in basically every city. It began with the opioid crisis and bad tenants, soft government and the tanking values of commercial properties sending investors into the residential markets. With the growing number of short term rentals catering to tourism and nomad workers, such as those who can work from home or anywhere, has contributed tremendously to this crisis. As I travel around my own metro area and witness the growing suburban landscape stretching out beyond the farthest suburbs, Urban Sprawl. I notice the mega apartment buildings, townhome communities and new neighborhoods of single family homes all have one thing in common for these new home owners, Home Owner Associations, (HOA’s)

All HOA’s charges each family a monthly fee on top of their mortgage payments. This fee can be low or high and is often increased over time. Most people are convinced these HOA’s are in place to protect the homeowner’s home values and keep the neighborhood nice, but they’re really dictating conformity and ousting diversity and individualism. I lived in a coop and we too had rules to prevent problems, the rules were simple and made sense. Though we were all renters at the time we tenants were allowed to plant gardens front and back, allow our visitors to park in front on the street or in our driveway or a designated spot in a lot, and we were allowed to paint our property in colors of our own choosing, etc. HOA’s dictate everything you do and I find them extremely intrusive. HOA’s usually have a management company of sorts handling the money collected and leaving homeowners with next to nothing in return. In a coop, there too was a management company, but members also managed the properties and there was a process for complaints when another member broke the rules and disturbed other people. Everyone had a right to see the books, what is in the bank and what the money was spent on. We got whatever we were paying for. No one is allowed to impose on another neighbor their own “standards”, such as is a common thing in HOA’s. However too many people believe that the coop concept is communist!

A homeowners coop could easily offer affordable homeownership and eliminate the management company and all other middlemen. Coop members manage the properties themselves through various committees. They could eliminate the HOA fees but ask homeowners to pitch in or volunteer in the upkeep of common property, maybe require a small fee to keep in trust for expenses of common areas. Form workshops that offer classes on “do it yourself” home maintenance and more. Create community gardens that grow produce and anything else to benefit members. The ideas are endless.

What I see in HOA’s is a gimmick to keep home owners paying something to the landowners or developers for many years beyond their mortgages. Who actually owns these management companies, probably not the small business guy. Not all people are dissatisfied with their HOA, but the trend these days is moving toward normalizing these fees into our daily lives and as in nearly everything that starts out small and friendly, grows into a very large and dissatisfying beast. I can testify to that personally with all the small start up companies I have worked for in the past, as they grew and took on more people, they began chipping away at all the perks and benefits I had earned. They don’t appreciate you and all the work you’ve done and are still doing to contribute for their success. Remember, it’s Their success, not yours!

People say to vote for change, but we need to do more than vote. We can vote for anybody and nothing changes, but if we take to the streets that drives our messages into the skulls of the powers that be. They need us, we don’t need them! Maya Angelo said in her book, “The Heart of a Woman” a piece of advice her African husband told her before she set out to enter a building where there was a protest going on. He told her if things got scary not to trust the assistance of somebody of the middle class because they are scared of losing whatever they have, but to trust the somebody who looks like they don’t have anything to lose and color means nothing in these situations. She took his advice and was successful in entering that building unmolested.

Boycotting capitalism itself is a start as this system has grown into the disparity we are all becoming more familiar with today. Nothing is going to change unless everybody stops spending their money on new stuff. Unfortunately, we know that’s not going to happen.

The Buzz Du Jour: OWN NOTHING?

What is happening to home ownership!

Luckily I bought my house 20 years ago before prices doubled to what they are now. It’s a duplex that was once owned by a neighborhood wide coop. I bought as a partner with the other tenant downstairs. As partners we’ve had our ups and downs, but we’re still partners and get along well enough. We’re both older, her now elderly and me not far behind, and neither one of us will probably not live long enough to pay off the mortgage. Oh well, can’t take it with you, eh! When I was young, all I heard about home ownership were the pitfalls, ”What if the furnace goes out! What if the roof needs to be replaced!” All discouraging words. I never made much money driving taxi but I’ve had both the boiler, not furnace which is much cheaper than a boiler, and the roof replaced and I’m still better off than renting. We had to refinance the house to do the roof because it’s a common expense, we each have our own separate heat source, but that was only because my partner doesn’t save her money so when something has to be done, she has no money to deal with it, however, she does have borrowing savvy. Interest rates fell very low at the time and we got more of a rebate than a loan. My share of that rebate went straight into savings! I call it my house fund, or rainy day fund.

Anyway, back in my parents time, a typical mortgage was about 10 years and most people would pay their house off before that 10 years was up because they could. What is that 10 years now? 30, 40, going on 50?  I would still encourage home ownership because wherever you live your are still going to have to pay for the shelter over your head. Even if you have to have a partner on a house, it is so much better than renting. The coop never prevented tenants from painting their walls other colors besides the standard “renter’s white walls” or doing work on the house they wanted to make themselves more comfortable and happy. There were some people who criticized the coop as communism. Silly labels people make up when they don’t really understand something. If we could only just take what is good from any system of government and utilize it for our own good then I don’t find anything wrong with it, so label it as you like, communism, socialism, whatever. Ask yourself this where is capitalism taking us not so privileged commoners? Somehow this feels like we’re going back in time. I’m not anti capitalistic, but we’ve been so dumbed down over the generations, like frogs in the boiling water. Also back in my parents time, credit cards were not common as they are today. You had to be rich to have a credit card, but people were able to put the desired item on lay away. They didn’t get it until they paid for it in full, they also didn’t pay interest. Now even a used car is going out of reach. I drive Uber and Lyft these days and I hear a lot of my riders complain about not being able to find a used car or able to afford one. Back in my parents time, people didn’t take out loans to buy a used car. 

Awhile ago, I had two riders in my car, a father and his son. Obviously they owned their own business. The father was advising his son on hiring employees. He told him this: “Brains are easy to come by, you want to hire the guy who is married, has a family to support, a mortgage and a car payment”. Upon hearing that, “Trap! Trap! Trap!” is what jumped into my mind. Owning Nothing is also a trap. That might be good for people who are in a position not to care, either the young who are always on the go, or the older ones who have the money to live on cruise ships or in assisted living homes. While people criticized me for being sucked into the coop and accused me of communism, they live in homes that are not their own though they are paying a mortgage, such as town home communities that won’t allow them to paint their home whatever color they like or even put an antennae on their roof and Home Owners Association fee on top of their mortgage! I recently heard reported that one HOA wouldn’t allow a homeowner to install solar panels on their roof! Members vote on what you can and can’t do and you can count on the fact that there will always be one to throw the monkey wrench into your plans. Maybe they don’t care or maybe they just refuse to believe they’re not really happy. I wouldn’t be. The coop also allowed tenants to have pets and didn’t charge more for rent though did ask a little bit for a damage deposit. Since the commercial real estate has tanked due to online shopping and now investors have moved into residential real estate, rents have more than doubled in a very short time. Unfortunately, private landlords also take advantage of this new bonanza of charging more rent for their properties, so every renter now suffers.  Management companies manage the properties and care nothing for the tenants just as the investors care nothing about them, just do your job and pay your bills! Working long hours and the chipping away of benefits are another thing. We’ve been sucked into that too starting with good overtime pay so that we can afford to buy the latest fashion and trinket that comes across out television screens, or to pay towards a loan or credit card. As these landlords have shown us, we’re all greedy to a degree, some more than others but we’re still greedy. If we can get more, of course we go for it, it would be stupid not to, right? 

This is now a bad time to purchase a home, high interest rates and we might be in for a long wait before the price of housing comes back to affordability, but I would still encourage anyone to take advantage of any opportunity to own your own! That rubbish about own nothing is just that, you’ll only be under the thumb and vulnerable to poverty and “wage slavery” all the more. I see huge apartments and town home complexes going up far into the country incorporating farm land into suburbs.  The town homes all look pretty much alike, a sterilized standard as to what you plant in the front yard, (no vegetable gardens) etc. they all comply. The apartment complexes are humongous, well over a hundred apartments in one building! Tiny apartments that cost more than a mortgage payment and the renter walks away with nothing at the end. When you own a house, you walk away with generally more than what you paid for it, you’re not leaving with empty pockets unless you just give up and quit or let the bank foreclose on you. You screw up your credibility when you do that. You’re not just dumping it on bank or somebody who you think is rich, what do they care, they just sell it to the next guy and keep all your equity, they’re making money while at the same time you’ve betrayed a trust. What say you borrow as little as $5.00 from a billionaire and don’t bother to pay it back, why would that same billionaire trust you to borrow more? It’s not about the money, it’s about trust. That billionaire could care less about the $5.00, no dent in that wallet, but it’s going to affect you a whole lot more.