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re: Too Late Screwed Us Again!
Posted on 7/30/25 at 4:43 pm to DrrTiger
Posted on 7/30/25 at 4:43 pm to DrrTiger
quote:The ROT was you must own 4-5 years, at a minimum, to cover for 6% RE sales costs, but not 10yrs.
unless they knew they would be somewhere for a few years minimum
This post was edited on 7/30/25 at 5:24 pm
Posted on 7/30/25 at 4:45 pm to FearlessFreep
quote:True, but simultaneously ridiculous.
CUTTING FED SPENDING BY 350 BILLION DOLLARS
Posted on 7/30/25 at 4:50 pm to UncleFestersLegs
quote:Do you not remember 08? No jobs anywhere. Unemployment rate through the roof. Thats what you want.
I'm not adamantly opposed to it
fricking incredible how obtuse you people are
Posted on 7/30/25 at 4:54 pm to SlowFlowPro
Home sales. Get another degree, yours doesn’t work.
Posted on 7/30/25 at 4:55 pm to FearlessFreep
quote:you can scream cut spending til the cows come home. They have NEVER cut spending in our entire fricking lives and theyre not about to start now.
CUTTING FED SPENDING BY 350 BILLION DOLLARS
If cutting 1 percent on the rate saves us 350 Billion annually. Cut the fricking rate.
Posted on 7/30/25 at 4:57 pm to MajorityWhip
Real estate is a propped up scam. Everyone thinks these days they should get double what they paid for a home after living in it for 5 years
Posted on 7/30/25 at 4:59 pm to texag7
quote:no one thinks that. Only you
Real estate is a propped up scam. Everyone thinks these days they should get double what they paid for a home after living in it for 5 years
Posted on 7/30/25 at 5:01 pm to bluedragon
quote:
Home sales.
Will increase when prices fall.
Posted on 7/30/25 at 5:01 pm to texag7
quote:
Everyone thinks these days they should get double what they paid for a home after living in it for 5 years
But they have to upgrade, man.
You expect them to live in 2000 sq foot houses after having a kid or two?
Posted on 7/30/25 at 5:02 pm to SlowFlowPro
quote:Home sales will also increase when the rates are cut
Will increase when prices fall.
Posted on 7/30/25 at 5:27 pm to SlowFlowPro
No they won’t. Stick with traffic court.
Posted on 7/30/25 at 5:30 pm to Cosmo
Housing is most certainly not fine BUT track builders are yet truly lowering prices and rents have barely come down.
Posted on 7/30/25 at 5:31 pm to SlowFlowPro
quote:
Slowflowpro
You are 100% right, there is literally no macro economic rationale to do so right now…the economy is stating strong…we should be celebrating that.
Posted on 7/30/25 at 5:31 pm to bluedragon
quote:
No they won’t.
Why won't sales increase if prices fall?
Posted on 7/30/25 at 5:34 pm to RealDawg
quote:
BUT track builders are yet truly lowering prices and rents have barely come down.
I'm assuming you left out a "not" before yet
And everyone's holding out praying that rates drop so that they don't have to lower prices. They've been doing it for years and even have that catchphrase, " Mary, the house, date the rate" that Realtors came up with to try to pretend that the prices are okay. They've also done all the tricks like paying for closing costs and other expenses that aren't reflected in prices so that the MLS is artificially, some would say fraudulently, inflated so that comps stay high to try to justify the higher prices.
Everything is literally screaming that housing prices need to come down and this seems like the perfect opportunity to rip that Band-Aid off, but some people still want a lower interest rates literally just so that we can artificially prop up housing prices like we have since 2009. It seems borderline insane
Posted on 7/30/25 at 5:53 pm to RogerTheShrubber
I dont hear you bitching and crying unhinged like you were anymore about the tariffs and the stock market and the economy....you ever get that 4 wheeler? Although you won't admit it...im gonna assume you panicked and sold low, your 3k portfolio. What made you think you were a tariff expert and economist?
Posted on 7/30/25 at 5:56 pm to SlowFlowPro
quote:
Why do we need to lower rates?
quote:
Why do we need to lower rates?
Shirley you aren’t serious are you? Good lord.
Posted on 7/30/25 at 6:00 pm to SlowFlowPro
quote:
Everything is literally screaming that housing prices need to come down and this seems like the perfect opportunity to rip that Band-Aid off, but some people still want a lower interest rates literally just so that we can artificially prop up housing prices like we have since 2009. It seems borderline insane
How far does the median price need to come down to fix the massive problem you perceive?
Posted on 7/30/25 at 6:10 pm to SlowFlowPro
quote:
Housing prices haven't fallen enough. This forcing prices down is a good thing, IMHO.
They think lowering rates is going to lead to more affordable housing. How cute.
Artificially lowered rates are what led us into this mess for the housing market.
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