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Message

re: Home prices are dropping...still nobody buying.

Posted on 4/1/25 at 12:11 pm to
Posted by teke184
Zachary, LA
Member since Jan 2007
103158 posts
Posted on 4/1/25 at 12:11 pm to
quote:

Why do the states everyone was supposedly fleeing have the lower inventories of houses for sale compared to 6 years ago?


If you mean California, they just had a massive reduction in inventory.
Posted by ATrillionaire
Houston
Member since Sep 2008
2398 posts
Posted on 4/1/25 at 12:12 pm to
quote:

How is this better? 99% of Americans suffer because of this? Even if China welfare, that made our lives better.

These selfish baws hurting our pockets so they don’t have to learn new skills

Exactly. Imagine punishing yourself just to see your "enemy" punished.
Posted by fareplay
Member since Nov 2012
6306 posts
Posted on 4/1/25 at 12:12 pm to
Not only that but people fleeing were most likely not home owners / flee for lower cost of living
This post was edited on 4/1/25 at 12:13 pm
Posted by ATrillionaire
Houston
Member since Sep 2008
2398 posts
Posted on 4/1/25 at 12:14 pm to
quote:

quote:
Those companies aren't coming back
\

Exactly. Not many companies are going to spend 4b on building new plants plus having to pay exorbitant American labor to escape tariffs unless these tariffs (subsidies for US corporations) are long term, which leads to trade wars and inflation.

But what they will do is lead this administration to believe they're coming back. Expect 4 years of dicking around before reversing course
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
297577 posts
Posted on 4/1/25 at 12:15 pm to
quote:


But what they will do is lead this administration to believe they're coming back. Expect 4 years of dicking around before reversing course


Bingo.

Expect lots of announcements, but very little investment.
Posted by Lakeboy7
New Orleans
Member since Jul 2011
28324 posts
Posted on 4/1/25 at 12:18 pm to
quote:

But what they will do is lead this administration to believe they're coming back. Expect 4 years of dicking around before reversing course


People (countries and businesses) are learning how to deal with Trump. The Mexican President just put on a master class.

Agree with him, tell him he is right and send a few bucks to his "campaign fund". Maybe take an option on some land for that new factory you have no intention of building.

Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
93895 posts
Posted on 4/1/25 at 12:19 pm to
You are such a miserable hater
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
297577 posts
Posted on 4/1/25 at 12:21 pm to
quote:

ou are such a miserable hater


Youre way too old to talk like a wrestling loving zoomer.

Posted by Dire Wolf
bawcomville
Member since Sep 2008
39945 posts
Posted on 4/1/25 at 12:21 pm to
quote:

She bought it in pflugerville, new construction



a burb surrounded by burbs that are building new burbs

guess she bought 22-24 cause that is the only way she'd be taking that big of a haircut.
Posted by fareplay
Member since Nov 2012
6306 posts
Posted on 4/1/25 at 12:39 pm to
Yeah around that timeframe. Either way the bubble is bursting in Texas and Florida
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35888 posts
Posted on 4/1/25 at 12:45 pm to
quote:

Either way the bubble is bursting in Texas and Florida


So the market is catching up, just like it will always naturally do (in just about any industry). It'll find its equilibrium, it just doesn't happen overnight.
Posted by fareplay
Member since Nov 2012
6306 posts
Posted on 4/1/25 at 12:47 pm to
Some faster than others, demand down supply up meanwhile demand down supply consistent for ca
Posted by AwgustaDawg
CSRA
Member since Jan 2023
13451 posts
Posted on 4/1/25 at 12:48 pm to
quote:


Then why are we having to stimulate the economy with debt every single year just to show "growth?"


This should be easy for you.



The main reason is because 78% of that debt is there so folks will have some place to put money which is not subject to the vagaries of the market and 21% of it is there so some government trust funds have a place to park money that can't be exposed to the same vagaries legally. That leaves 1% which is there because it'd be a moronic thing to pay for damned expensive shite with cash when you can use other people's money. It costs a heaping pile of money to have a navy, an air force and a marine corp and unfortunately no nation has ever found a way to have any similar items and make money off them......
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
297577 posts
Posted on 4/1/25 at 12:50 pm to
quote:



The main reason is because 78% of that debt is there so folks will have some place to put money which is not subject to the vagaries of the market and 21% of it is there so some government trust funds have a place to park money that can't be exposed to the same vagaries legally. That leaves 1% which is there because it'd be a moronic thing to pay for damned expensive shite with cash when you can use other people's money. It costs a heaping pile of money to have a navy, an air force and a marine corp and unfortunately no nation has ever found a way to have any similar items and make money off them......


this makes no sense.


If our economy is thriving, why are we having to grow the economy on debt?

Would you be thriving if 1/4th of your household budget every month was additional debt?
Posted by N2cars
Close by
Member since Feb 2008
38026 posts
Posted on 4/1/25 at 12:51 pm to
Still nothing, just opinion?

I haven't had "debt" for 15+ years, unless it was to take advantage of incentive.

You'd do well to read my posts carefully.
You could be debt-free and retire in your 50s.

Like me.


Posted by PrimeTime Money
Houston, Texas, USA
Member since Nov 2012
27873 posts
Posted on 4/1/25 at 12:54 pm to
quote:

Buy American instead. That’s kind of the entire point. We won world wars because of our manufacturing capabilities and then we grew to the major economic and military power because of our manufacturing capabilities and then we financed the rest of the worlds rebuilds and defense and then offshored and destroyed our manufacturing capabilities.
Buying American is fine, but:

A. American-made products are often more expensive

and

B. American products are often made with much help from either overseas labor, parts, or both.

100% American-made is extremely expensive. Companies are not going to suddenly come back to manufacture in America due to tariffs. The expense of taxes and regulations is why they left in the first place in order to remain competitive. If they did come back, they’d have to raise their prices dramatically.

So now, what you’ve got is a choice between expensive products made in the USA, or expensive products due to import tariffs. Everything becomes much more expensive. How is that a good thing?

What needs to be done is taxes and regulations need to be cut drastically. That’s how to remain competitive. Not imposing price regulations in the form of tariffs. That’s not the answer. Trump has the right diagnosis, but the wrong medicine.
Posted by Al_Bundy
Member since Jul 2020
170 posts
Posted on 4/1/25 at 12:55 pm to
We've been in a recession the past four years. It just didn't seem like it because the zillion illegals were getting free money and buying with it to prop the economy up.the working people's pay hasn't went up enough to keep up with everything else skyrocketing
Posted by LNCHBOX
70448
Member since Jun 2009
88719 posts
Posted on 4/1/25 at 12:58 pm to
quote:

Would you be thriving if 1/4th of your household budget every month was additional debt?


Completely depends on the type of debt. You don't really think there's a simple black and white answer to that question, right?
Posted by PrimeTime Money
Houston, Texas, USA
Member since Nov 2012
27873 posts
Posted on 4/1/25 at 12:59 pm to
quote:

We've been in a recession the past four years. It just didn't seem like it because the zillion illegals were getting free money and buying with it to prop the economy up.the working people's pay hasn't went up enough to keep up with everything else skyrocketing
That’s not how it works. A recession is two consecutive quarters of GDP decline. It’s based on GDP, not spending.
Posted by N2cars
Close by
Member since Feb 2008
38026 posts
Posted on 4/1/25 at 1:00 pm to
You're wasting your time.
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