Domain: tiger-web1.srvr.media3.us Too Late Screwed Us Again! | Page 9 | Political Talk
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re: Too Late Screwed Us Again!

Posted on 7/30/25 at 4:43 pm to
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
136810 posts
Posted on 7/30/25 at 4:43 pm to
quote:

unless they knew they would be somewhere for a few years minimum
The ROT was you must own 4-5 years, at a minimum, to cover for 6% RE sales costs, but not 10yrs.
This post was edited on 7/30/25 at 5:24 pm
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
136810 posts
Posted on 7/30/25 at 4:45 pm to
quote:

CUTTING FED SPENDING BY 350 BILLION DOLLARS
True, but simultaneously ridiculous.
Posted by AuburnTigers
9x National Champion
Member since Aug 2013
17432 posts
Posted on 7/30/25 at 4:50 pm to
quote:

I'm not adamantly opposed to it
Do you not remember 08? No jobs anywhere. Unemployment rate through the roof. Thats what you want.

fricking incredible how obtuse you people are
Posted by bluedragon
Birmingham
Member since May 2020
9180 posts
Posted on 7/30/25 at 4:54 pm to
Home sales. Get another degree, yours doesn’t work.
Posted by AuburnTigers
9x National Champion
Member since Aug 2013
17432 posts
Posted on 7/30/25 at 4:55 pm to
quote:

CUTTING FED SPENDING BY 350 BILLION DOLLARS
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.

If cutting 1 percent on the rate saves us 350 Billion annually. Cut the fricking rate.
Posted by texag7
College Station
Member since Apr 2014
41074 posts
Posted on 7/30/25 at 4:57 pm to
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 by AuburnTigers
9x National Champion
Member since Aug 2013
17432 posts
Posted on 7/30/25 at 4:59 pm to
quote:

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
no one thinks that. Only you
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
471056 posts
Posted on 7/30/25 at 5:01 pm to
quote:

Home sales.

Will increase when prices fall.
Posted by DrrTiger
Gulf of America
Member since Nov 2023
2474 posts
Posted on 7/30/25 at 5:01 pm to
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 by AuburnTigers
9x National Champion
Member since Aug 2013
17432 posts
Posted on 7/30/25 at 5:02 pm to
quote:

Will increase when prices fall.
Home sales will also increase when the rates are cut
Posted by bluedragon
Birmingham
Member since May 2020
9180 posts
Posted on 7/30/25 at 5:27 pm to
No they won’t. Stick with traffic court.
Posted by RealDawg
Dawgville
Member since Nov 2012
11278 posts
Posted on 7/30/25 at 5:30 pm to
Housing is most certainly not fine BUT track builders are yet truly lowering prices and rents have barely come down.
Posted by MisslePig
Member since Jul 2018
1168 posts
Posted on 7/30/25 at 5:31 pm to
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 by SlowFlowPro
With populists, expect populism
Member since Jan 2004
471056 posts
Posted on 7/30/25 at 5:31 pm to
quote:

No they won’t.


Why won't sales increase if prices fall?
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
471056 posts
Posted on 7/30/25 at 5:34 pm to
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 by 5WFSHR
Montgomery, AL
Member since Apr 2024
2619 posts
Posted on 7/30/25 at 5:52 pm to
Powell, you gotta go.
Posted by Mandtgr47
Member since Aug 2024
7918 posts
Posted on 7/30/25 at 5:53 pm to
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 by Tridentds
Sugar Land
Member since Aug 2011
23669 posts
Posted on 7/30/25 at 5:56 pm to
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 by David_DJS
Member since Aug 2005
22363 posts
Posted on 7/30/25 at 6:00 pm to
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 by Geauxgurt
Member since Sep 2013
13476 posts
Posted on 7/30/25 at 6:10 pm to
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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