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Started By
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re: Cost to buy = $2,700/month. Cost to rent = $1,850/month
Posted on 5/24/23 at 11:46 am to tigersmanager
Posted on 5/24/23 at 11:46 am to tigersmanager
quote:
the numbers are not correct
Then what numbers are correct?
0
Posted on 5/24/23 at 11:46 am to tigersmanager
quote:
want to discuss the amount biden has spent?
No. Nobody is saying Democrats don't spend.
People are implying Republicans don't spend, which is a lie.
Posted on 5/24/23 at 11:46 am to tigersmanager
quote:
this chart is so fricking fake you dumbasses believe anything cnn puts out
Nope. Chart is real. Uniparty has spent us to oblivion and back. Trump, who the left called an Authoritarian Nazi, was actually more like a Bill Clinton (before the Democrat Party went Groomer Crazy). Then, one of the MANY things he did wrong during the Covid hoax was increase debt again.
Either way, I'm glad I refinanced at 2.9%. When the Pedophile Retard was elected, I knew this would happen. I look like a damn genius now.
Posted on 5/24/23 at 11:47 am to GoCrazyAuburn
quote:
6% on a $400k starter house is extremely abnormal too.
Absolutely. But, due to land cost, material cost, INSURANCE cost, and labor cost, the $199K starter homes are gone forever. Why do you think there are so many new construction townhome developments? Say hello to the "new starter home".
Posted on 5/24/23 at 11:47 am to stout
It's by design.
Posted on 5/24/23 at 11:47 am to EZE Tiger Fan
quote:
Nope. Chart is real. Uniparty has spent us to oblivion and back
Runaway government spending has been a problem since W and both parties are guilty of it. They just disagree on what to run up more debt on.
Posted on 5/24/23 at 11:48 am to Artificial Intel
quote:
Also, while I don’t have the data laid out in front of me I’m pretty certain most of the south and east coast have been sheltered from the correction so far. All of my properties continue to appreciate.
It seems like it has slowed in the New Orleans metro but the prices are still insanely high.
I’m curious if places that are seeing a correction are mountain towns and places like Boise. People flocked there during COVID and as they’re being called back into the office are having to sell.
That’s the only markets I can see having real corrections right now.
Posted on 5/24/23 at 11:49 am to Supermoto Tiger
quote:
Absolutely. But, due to land cost, material cost, INSURANCE cost, and labor cost, the $199K
Sure but people overlook how much codes have impacted construction costs. Houses have never been more regulated than they are now.
Posted on 5/24/23 at 11:49 am to EZE Tiger Fan
If anyone wants to feel better, watch some Financial Audit videos. The people doing the audits are all so so fricked. Or, if you prefer a more lively host (and a more fake presentation, Till Debt Do us Part
Posted on 5/24/23 at 11:49 am to SlowFlowPro
They need to drop all of the idea of pestige. Get through college as cheap as possible to check the box and prove yourself in the work force.
The secret is your work ethic and success in the work force will make you wealthy. Where you got your college degree is severely overrated.
The secret is your work ethic and success in the work force will make you wealthy. Where you got your college degree is severely overrated.
Posted on 5/24/23 at 11:51 am to upgrayedd
I remember when I posted something with that same sentiment a couple years ago, I would have a 10:1 dv to uv ratio and 5+ replies 
This post was edited on 5/24/23 at 11:53 am
Posted on 5/24/23 at 11:51 am to fallguy_1978
quote:more military spending.
Runaway government spending has been a problem since W and both parties are guilty of it. They just disagree on what to run up more debt on.
Posted on 5/24/23 at 11:51 am to stout
There is still a shortage of supply, keeping upward pressure on prices.
People don’t want to sell and then buy a new place at double the mortgage rate.
The real winners are the aforementioned landlords who financed at 3% or paid cash.
People don’t want to sell and then buy a new place at double the mortgage rate.
The real winners are the aforementioned landlords who financed at 3% or paid cash.
Posted on 5/24/23 at 11:51 am to Colonel Flagg
quote:
The secret is your work ethic and success in the work force will make you wealthy.
Work ethic (1) in certain industries and (2) with luck will get you wealthy. You need all 3 in some form or fashion (the scales can slide).
quote:
Where you got your college degree is severely overrated.
I think your concept of wealthy is different than many others, who work in industries that can make them actually wealthy and the school matters a great deal in those industries.
Posted on 5/24/23 at 11:51 am to Colonel Flagg
quote:
They need to drop all of the idea of pestige. Get through college as cheap as possible to check the box and prove yourself in the work force. The secret is your work ethic and success in the work force will make you wealthy. Where you got your college degree is severely overrated.
Hi. I did all of this. Worked my arse off so I only owed $2500 and paid that off within a few years. I make the average salary for the state of Virginia(keep in mind that’s severely inflated due to Fairfax and Loudon counties).
Housing prices near me are outrageous.
Posted on 5/24/23 at 11:52 am to Rebel
Wrong board. My apologies.
This post was edited on 5/24/23 at 11:55 am
Posted on 5/24/23 at 11:52 am to lsufan112001
quote:
You can thank Ftard Biden
I hate that demented old frick as much as the next guy, but this isn't all on him. The Fed has kept interest rates artificially low for years and Pedo Joe just happened to be in office during the correction.
This post was edited on 5/24/23 at 12:19 pm
Posted on 5/24/23 at 11:53 am to Gifman
quote:
This baby is about to pop
Not saying it isn't. But boy have we heard this a million times since 2007/2008
Posted on 5/24/23 at 11:53 am to Tantal
(no message)
This post was edited on 5/24/23 at 11:54 am
Posted on 5/24/23 at 11:53 am to stout
quote:people completely ignore or ignorant to this when thinking of housing prices.
New houses didn't have the code standards we do now. Houses can only get so cheap when codes force additional costs.
I know it's extreme here in California but cost are up because of standards/codes in every municipality across the US
Residential sprinkler system, AFCI breakers, high efficiency water heaters, dedicated bathroom circuits, etc etc etc
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