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Started By
Message
1
Posted on 9/11/23 at 8:04 am to stout
At least no more mean tweets.
Posted on 9/11/23 at 8:12 am to stout
I hope that this collapse is not part of The Great Reset that John Kerry keeps telling us is happening.
Posted on 9/11/23 at 8:15 am to stout
The rental society is already upon us and most people don't even realize it
You'll own nothing and be "happy"
You'll own nothing and be "happy"
Posted on 9/11/23 at 8:16 am to stout
Natural consequence of the last 3 years. Money printer running full tilt buggy for over two years will do that. Inflation baby. I don't know how some of you guys are even eating at this point.
Posted on 9/11/23 at 8:19 am to stout
quote:
There is also a loan that now allows everyone living in the household to be counted in the DTI calculations whether they are on the mortgage or not. They brought this back a few years ago.
Posted on 9/11/23 at 8:22 am to stout
quote:
Even in the 2008 financial crisis, this ratio peaked at ~39%.
My quant concurs. Fan meet shite.
This post was edited on 9/11/23 at 8:23 am
Posted on 9/11/23 at 8:27 am to Birdie225
quote:
This is exactly what they want. DC and the elite are succeeding in their plan. Bravo. FJB
ALL politicians and elite are working together these days. The whole Republican/Democrat battle is smoke and mirrors while they're doing things behind our backs.
Posted on 9/11/23 at 8:34 am to stout
Do you do anything else besides post on this message board? Do you have a job?
Posted on 9/11/23 at 8:36 am to stout
This is truly insane. It's only a matter of time before things come crashing because this isn't sustainable at all.
Posted on 9/11/23 at 8:39 am to SPT
I own a very established business and rental properties that allow me a lot of free time. Jealous?
Posted on 9/11/23 at 8:44 am to stout
Yet people still consume consume consume.
Staying in house purchased in 2020 and keeping my car
Staying in house purchased in 2020 and keeping my car
Posted on 9/11/23 at 8:52 am to blueboxer1119
(no message)
This post was edited on 10/17/23 at 8:43 pm
Posted on 9/11/23 at 9:00 am to sosaysmorvant
I mean let's be honest, we aren't going to let these people fail. They will get a bailout because that's just what we do now.
Posted on 9/11/23 at 9:32 am to stout
The crash can’t happen soon enough. I’m ready for a bigger house. Can’t wait to scoop up a $400k house for $400k instead of these frickers trying to sell it for $675k.
Posted on 9/11/23 at 9:35 am to stout
quote:
They allow you to borrow up to 110% of the home's projected remodeled value with only 3.5% down.
I didnt. But there is a very small % of ppl that actually know this with VA and use it
quote:
They still have stated income loans too
Yes cdfi lenders and u need 30mnths in resevres to qual
quote:
There is also a loan that now allows everyone living in the household to be counted in the DTI calculations whether they are on the mortgage or not. They brought this back a few years ago.
Non occupant co-borrowers? FHA allows as many as needed and has for a long time
Posted on 9/11/23 at 9:35 am to WaydownSouth
quote:
Yet people still consume consume consume.
Yep. This is why I don't have a lot of pity for most people with the mess they have gotten themselves in.
Posted on 9/11/23 at 10:02 am to Tomatocantender
quote:
My quant concurs
What’s a quant?
Posted on 9/11/23 at 10:04 am to stout
You think the bubble bursts or limited inventory allows for a soft landing/slow decline?
Posted on 9/11/23 at 10:11 am to SPT
quote:
Do you do anything else besides post on this message board? Do you have a job?
You know that contractor you call that never shows up to give you an estimate? You found him.
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