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Started By
Message
re: Fannie Mae Downgrades Housing, Origination Forecast
Posted on 6/2/22 at 10:04 am to El Segundo Guy
Posted on 6/2/22 at 10:04 am to El Segundo Guy
quote:
Instead of buying Escalades post deployments
I drive a 17 year old yukon. Runs great, clean as a whistle. My wife and I make over twice as much as the average household income in our area.
Still can't afford to buy at $200/sf.
I did splurge and buy a sausage biscuit on the way to work this morning, but don't worry, I skipped the avocado toast and soy latte. I'll put that extra $7.50 into my IRA so it can turn into $2.50 by next summer.
1
Posted on 6/2/22 at 10:06 am to El Segundo Guy
quote:
47. Retired and drinking coffee and smoking a bowl of high test. Looking at a few limbs that fell on my cattle farm from the storm last night.
But did so on the government teat with those exclusive contracts.
fricking shocker.
This post was edited on 6/2/22 at 10:08 am
Posted on 6/2/22 at 10:07 am to BluegrassBelle
What really was the Kicker was after I sold them, I bought property in coastal southern California which I sold last year.
El Segundo to be exact. If anyone ever wants to deal with property in the Beach Cities, Bill Ruane is the mover and shaker in that whole region.
El Segundo to be exact. If anyone ever wants to deal with property in the Beach Cities, Bill Ruane is the mover and shaker in that whole region.
This post was edited on 6/2/22 at 11:20 am
Posted on 6/2/22 at 10:07 am to wadewilson
quote:
I drive a 17 year old yukon. Runs great, clean as a whistle. My wife and I make over twice as much as the average household income in our area.
Neither myself or my SO have new cars either (I've never owned a new car either). The SO bought a new Honda Accord in the early 2000s and literally drove that until two years ago.
Dude is the exception because of his government connections and he knows it.
Posted on 6/2/22 at 10:09 am to bhtigerfan
quote:
After reading all of this, I am so thankful and relieved that we paid off our home a year and a half ago.
With the coming recession, insane housing and rental prices and mortgage rate increases, I would not want to deal with any of that shitstorm.
We got in with a fixed rate at 2.75%. I get it. I want no part of being in the market right now or anytime soon.
This post was edited on 6/2/22 at 10:10 am
Posted on 6/2/22 at 10:13 am to bhtigerfan
quote:this worked for us until crime came to our street. Now we are looking to sell and it will cost twice what our house is worth to get a same size house (small) in a safe area
paid off our home
Posted on 6/2/22 at 10:54 am to stout
We did it Joe!
Posted on 6/2/22 at 11:03 am to BluegrassBelle
Posted on 6/2/22 at 1:32 pm to 50_Tiger
quote:
Bro I get on Zillow everyday and even at my income realize I just might have to enjoy this fricking apartment a whole lot longer because there is ZERO chance im driving 25 miles in on the DNT EVERYDAY
Yep, I feel the same way. I work in Plano but the wife just started a new job in Preston Hollow, so it’s turning into a balance of affordability vs. commuting. Unfortunately, there doesn’t appear to be a good compromise.
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