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Started By
Message
re: Is The Economy really bad?
Posted on 8/24/25 at 5:00 pm to notiger1997
Posted on 8/24/25 at 5:00 pm to notiger1997
quote:
At most places the employees are also usually shareholders.
At most places the majority of the shareholders are the same handful of institutional investors and management
0
Posted on 8/24/25 at 5:01 pm to notiger1997
quote:
In the retail side, people are spending money like crazy. I went to While Foods earlier to make an Amazon return and the place was slammed. Costco was slammed this morning.
People are buying groceries? Color me shocked
quote:
Here in the Nola area, it’s not a great economy so to speak but restaurants and bars stay busy.
People are in bars in restaurants in the summer in one of the biggest tourist cities in the country? Again, color me shocked
Posted on 8/24/25 at 5:04 pm to greenbean
Posted on 8/24/25 at 5:10 pm to LSURussian
I still think the housing market is about to tank. Most people can't afford current prices and rates. Powell cutting 25 bps won't matter when prices need to correct 25-30%.
Posted on 8/24/25 at 5:15 pm to LSURussian
quote:
Did you read your own link? It says there are an estimated 575,000 single family home rentals in the U.S. owned by corporations.
Institutional investors owned almost no single family homes in 2011, and have tripled their investments in last 3 years to over half a million homes.
It’s to the point that some state governments have discussed and/or introduced legislation to ban it in their states. Do to act like it’s not a real thing is pretty dumb
Posted on 8/24/25 at 5:18 pm to Mingo Was His NameO
quote:
People are buying groceries? Color me shocked
WF is kind of a luxury, so it would def not be crazy busy if people were struggling.
quote:
People are in bars in restaurants in the summer in one of the biggest tourist cities in the country? Again, color me shocked
Do you get paid to be such a try hard a-hole?
This is the absolute deadest period of the year for Nola tourism, yet things are still pretty good.
Posted on 8/24/25 at 5:20 pm to notiger1997
quote:
Do you get paid to be such a try hard a-hole?
For pointing out something obvious?
What a baby you are
Posted on 8/24/25 at 5:23 pm to greenbean
Do you even central bank bro?
Posted on 8/24/25 at 5:30 pm to greenbean
quote:
I keep reading how bad the economy is
quote:
I'm not seeing that anywhere.
Then you have your head up your arse.
quote:
Restaurants going under, people staying home and eating at home and not wasting money at Starbucks, 7 Brew, etc.?
All of this is happening. You really do need to pay better attention if you haven’t seen any of this. Most people eating at home instead of eating out has been a thing for over a year.
This post was edited on 8/24/25 at 5:34 pm
Posted on 8/24/25 at 5:31 pm to greenbean
It’s not terrible nor is it booming. Kind of in limbo but I think Trumps policies will start to really work it just takes time
Posted on 8/24/25 at 5:34 pm to Froman
quote:
Then you have your head up your arse.
What are your examples to the contrary?
Even in the industrial industry, I’m having lots of companies no bid jobs because they are too busy.
Posted on 8/24/25 at 5:34 pm to deltaland
quote:
I think Trumps policies will start to really work
Posted on 8/24/25 at 5:37 pm to notiger1997
quote:
What are your examples to the contrary?
Hiring freezes. 37 year old first time home buyer average, consumer debt up, increased loan defaults
Posted on 8/24/25 at 5:38 pm to notiger1997
(no message)
This post was edited on 8/24/25 at 5:39 pm
Posted on 8/24/25 at 5:39 pm to greenbean
The only people I see struggling are the ones with useless degrees that provide very little value to the economy and can easily be done by many. I don’t really know what people think they’re going to do with a finance degree from Nichols. Most of the people I know that got into the medical field, industrial field, tech field, etc are all doing very well.
I also don’t think the idea of homeownership is the lifestyle many people want. They don’t want to take care of shite, they’re incapable of fixing even the slightest problem, and they want to up and leave when they get bored.
I also don’t think the idea of homeownership is the lifestyle many people want. They don’t want to take care of shite, they’re incapable of fixing even the slightest problem, and they want to up and leave when they get bored.
Posted on 8/24/25 at 5:41 pm to nugget
quote:
The only people I see struggling are the ones with useless degrees that provide very little value to the economy and can easily be done by many. I don’t really know what people think they’re going to do with a finance degree from Nichols.
Well 30 or 40 years ago, everyone thought that person with a finance degree from Nichols could have a stay at home wife, one a home, and lead a typical middle class life. Which is kind of the whole point
Posted on 8/24/25 at 5:41 pm to nugget
quote:
I also don’t think the idea of homeownership is the lifestyle many people want
Renting forever sucks too I'd imagine, especially if you have a family.
Posted on 8/24/25 at 5:43 pm to Mingo Was His NameO
quote:
Institutional investors owned almost no single family homes in 2011, and have tripled their investments in last 3 years to over half a million homes.
You're whining over corporations buying "over a half million homes" in the last three years but a half million home purchases is about one month's sales of homes over those last three years.
It's a drop in the bucket.
Posted on 8/24/25 at 5:43 pm to nugget
You going for Boomer porn bingo here, buddy?
What a bunch of nonsense
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