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Started By
Message
re: Home prices are dropping...still nobody buying.
Posted on 3/31/25 at 10:36 pm to wackatimesthree
Posted on 3/31/25 at 10:36 pm to wackatimesthree
quote:
Guess those new construction costs aren't going the way anyone wants anytime soon.
I agree with you, that’s my whole point. Lots of folks are calling for a crash, I don’t see that happening when new construction is unobtainable. If fewer homes are being built, it puts a premium on existing homes.
Posted on 3/31/25 at 10:38 pm to dragginass
quote:
We had 2 consecutive quarters of falling GDP, which in fact defines recession. Yet Biden and his puppet masters tried to say we were not in a recession, and tried to use "alternate facts" to convince us otherwise. So the poster was spot on, and you mocking otherwise looks retarded.
I would like the five downvoters to explain why they down voted.
You speak the unencumbered truth.
Posted on 4/1/25 at 3:49 am to dgnx6
quote:
If they put it to a vote to lower insurance. You dumb fricks would vote against it.
Because it would look like this:
Amendment 2:
A constitutional amendment whereby the State will cap homeowners insurance at $250 a month. Flood insurance will be capped at $100 a month. Income tax will be abolished for all persons making under 500,000 a year. Personal Injury attorneys gain access to all confidential medical records without consent. All teachers in public education get immediate tenure and a pay raise plus retirement benefits. A consumption tax on groceries maxed at 35% will be added to fund a special government employee retirement program for the workers in the governor’s mansion.
And then when it doesn’t pass every politician would say “we tried to lower insurance but you voted against it because you’re idiots. Please re-elect us so we can try again.”
This post was edited on 4/1/25 at 4:02 am
Posted on 4/1/25 at 4:26 am to LSUFanHouston
quote:
Dropping 10k house price doesn’t matter much with insurance out of control
Don’t live in a state like Louisiana where humans weren’t meant to live.
Posted on 4/1/25 at 4:29 am to sidewalkside
quote:
Home prices are dropping...still nobody buying.
Huh..kinda like houses have been, and still are, massively overpriced in recent years.
Posted on 4/1/25 at 5:51 am to TBoy
we pay more in taxes to other countries than they do to us. it's time we stop letting other countries shite on our heads. also prices were high before Trump took office.
Posted on 4/1/25 at 6:13 am to deeprig9
quote:Its not going to help in the long term either.
In the long term, that's true, theoretically. Short term, they are not helpful. Think of it like bad tasting medicine.
Most businesses are not going to move to the U.S. because it’s so expensive to do business here. The reason they went overseas in the first place is to remain competitive because it’s cheaper to do business there.
Posted on 4/1/25 at 6:16 am to countrytiger60
quote:Other countries don’t pay the tariffs we put on their goods. We do. Importers are forced to pay the tariffs and the cost is passed on to American consumers when we purchase imported goods. That’s how it works.
we pay more in taxes to other countries than they do to us. it's time we stop letting other countries shite on our heads. also prices were high before Trump took office.
So when Trump says tariffs will raise our tax revenue, that tax revenue isn’t being paid by other countries. It’s being paid by us.
And I like Trump, but tariffs are not the way to make us competitive.
This post was edited on 4/1/25 at 6:18 am
Posted on 4/1/25 at 6:20 am to PrimeTime Money
quote:
Other countries don’t pay the tariffs we put on their goods. We do. Importers are forced to pay the tariffs and the cost is passed on to American consumers when we purchase imported goods. That’s how it works.
Or, hear me out, we don’t buy their goods and they are forced to onshore production or reduce prices to keep sales at same level. There is a demand side here.
Posted on 4/1/25 at 6:20 am to PrimeTime Money
quote:
Importers are forced to pay the tariffs
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.
This post was edited on 4/1/25 at 6:23 am
Posted on 4/1/25 at 6:22 am to sidewalkside
quote:
Boat prices are dropping too...nobody buying.
As someone shopping for a boat, I am not seeing this at all.
Posted on 4/1/25 at 6:39 am to TimeOutdoors
He's completely wrong about everything he posts.
Posted on 4/1/25 at 7:18 am to PrimeTime Money
quote:
Other countries don’t pay the tariffs we put on their goods. We do. Importers are forced to pay the tariffs and the cost is passed on to American consumers when we purchase imported goods. That’s how it works. So when Trump says tariffs will raise our tax revenue, that tax revenue isn’t being paid by other countries. It’s being paid by us. And I like Trump, but tariffs are not the way to make us competitive.
So when Europe has 10-32% tariffs on US cars
But have no tariffs on Japanese cars that hurt Europe?
Posted on 4/1/25 at 7:23 am to TBoy
quote:
You’ve been lied to. Tariffs are taxes and we will pay trillions.
Can you break down the math on this for us
Cnn said 800bill which is $2 more per day per person
Is this what you far left loons are crying about? $2
Posted on 4/1/25 at 7:50 am to SDVTiger
quote:
Cnn said 800bill which is $2 more per day per person
Can you break that down?
$800 billion and 340 million people in the US is not $2 per day.
800,000,000,000/340,000,000 = $2353 per year
or $6.45 per day.
Posted on 4/1/25 at 7:52 am to Motownsix
Motown’s analysis is correct. The only “stat” possibly showing recession at the time was slowing gdp in Q1, Q2 2022 (we usually look at qoq or yoy change rather than dollars), but that was partly because Q4 21 was like 8%! And h2 2020 and rest of 2021 were coming out of shutdown so of course GDP growth was high bc it went super low during shutdowns, so the next quarters in 2022 almost had to be lower. See LINK (suggest go to 5 year chart). No other signs of recession at the time.
I am concerned about both parties fudging numbers to make things look better, now. Eg Biden changing the inflation formula mid inflation crisis.
Final thought, historically, inflationary environments (which tariffs will cause if we don’t go to depression) is good for the markets if wages can keep up; although historically that happened in war times and obviously more manufacturing based economies, which we will never be again—at least not until they use more robots. Main inflation concern is if the economy gets too hot, we fly off the rails. Can Trump navigate that balance / does he care (ie that might be besides his goal)?
I am concerned about both parties fudging numbers to make things look better, now. Eg Biden changing the inflation formula mid inflation crisis.
Final thought, historically, inflationary environments (which tariffs will cause if we don’t go to depression) is good for the markets if wages can keep up; although historically that happened in war times and obviously more manufacturing based economies, which we will never be again—at least not until they use more robots. Main inflation concern is if the economy gets too hot, we fly off the rails. Can Trump navigate that balance / does he care (ie that might be besides his goal)?
Posted on 4/1/25 at 7:52 am to tdme
quote:
Can you break that down?
$800 billion and 340 million people in the US is not $2 per day.
800,000,000,000/340,000,000 = $2353 per year
or $6.45 per day.
Wonderful so its 6 dollars a day now. Rogerthefluffer your math was way off
So the great melt is over $6 a day
Posted on 4/1/25 at 7:54 am to sidewalkside
I tried warning everyone the past 2 years on this site. Everyone laughed.
I told y’all prices would plunge, they will. I said the buyers still won’t buy. They won’t.
85% of you have too much debt. Way too much debt. And at a time where prices are the highest for small things.
Good luck.
I told y’all prices would plunge, they will. I said the buyers still won’t buy. They won’t.
85% of you have too much debt. Way too much debt. And at a time where prices are the highest for small things.
Good luck.
Posted on 4/1/25 at 7:55 am to Play_Neck
quote:Which the Neocons are desperately trying to get Europe to drag us in to one through NATO.
although historically that happened in war times
Posted on 4/1/25 at 8:02 am to SDVTiger
quote:
So the great melt is over $6 a day
Or $2353 per year per person.
That is almost $10k a year for a family of 4?
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