(03-30-2024, 05:46 PM)ancientlight Wrote: IMO social security has been a scam. A way for people to hand over more money to some government scheme , in the hopes of receiving it back (and some) decades in the future. Similar to the so called lottery.
People should have saved for a house downpayment instead, and buy a property with that downpayment & a mortgage. The tenants pay of your mortgage in the next 20-30 years, and by the time you're ready to retire , your rental is paid of and can generate real income very month.
Unfortunately home ownership has become even a bigger scam.
You will never own it. They will tax you at ridiculous rates yearly, and will take it from you without giving you a dime if you refuse to pay.
They will allow the insurance industry to charge you insane amounts of money, make demands on how you can use your land or maintain it, and if they want it, they will claim eminent domain and pay you pennies on the dollar for it.
![[Image: b7mjl2.png]](https://iili.io/b7mjl2.png)