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re: I'm sure this is no big deal!
Posted on 9/15/26 at 11:51 am to Enadious
Posted on 9/15/26 at 11:51 am to Enadious
quote:
My first house had a 10.95% interest rate. I was a high school graduate and 19. Let me know when house interest rates reach that level.
Because the only factor affecting housing affordability 30+ years ago vs today is rates?
Rates matter, but don't ignore the whole picture.
Posted on 9/15/26 at 11:52 am to stout
What do you mean wut? You make a thread about a poor economy as your assets go up in value and are still rented out during all time high rent. Your market may be down 2-3% which I really don’t believe as you already acknowledged your own property values have went up. That’s either a poor investment in a bad area but regardless you’re still renting at an all time high with occupancy on a paid off asset. The occupancy at high rent shows the economy may be bad still afford all time rent prices while you still make all time rent during the same time. So how is this affecting you?
Posted on 9/15/26 at 11:53 am to stout
quote:Tired of winning?
Just have to win the war for the 47th time
Posted on 9/15/26 at 11:53 am to Taxing Authority
quote:
Tired of winning?
I’m actually not even mad at these comments as OP needs to learn a lesson.
Posted on 9/15/26 at 11:57 am to DeBoar
quote:So Trump was elected to continue the status quo? I don’t remember him campaigning on that. WhO dID yOu VoTe fOr?
And under the last two administrations how much has your house value went up?
quote:Bet you didn’t defend it either.
Bet you don’t complain about that.
Posted on 9/15/26 at 11:57 am to DeBoar
quote:
And under the last two administrations how much has your house value went up? Bet you don’t complain about that.
Trumps h1bs are doing the needful keeping house prices high
Posted on 9/15/26 at 11:59 am to el Gaucho
Posted on 9/15/26 at 12:00 pm to stout
quote:
We are supposed to blindly follow
Yes.
Posted on 9/15/26 at 12:01 pm to DeBoar
Is there anything you would criticize Trump about?
Posted on 9/15/26 at 12:02 pm to NIH
I did yesterday on his comments on Flock. Why are you turning this thread towards me? Poor lsuguy still a loser.
Posted on 9/15/26 at 12:02 pm to stout
Piggy going after you like a jilted lover for not supporting a stupid war. 
.
. Posted on 9/15/26 at 12:03 pm to DeBoar
One item over 6 years? Wow!
Posted on 9/15/26 at 12:04 pm to DeBoar
quote:
and are still rented out during all time high rent.
Again, we lost a ton of houses during the hurricanes and have massive LNG facilities being built. I am in an area of rental shortage. Unless Trump threw Hurricane Laura and Delta at us 6 weeks apart, then I am not sure how you think I should give him credit for that.
quote:
Your market may be down 2-3% which I really don’t believe as you already acknowledged your own property values have went up
quote:
on a paid off asset.
What does it being paid off have to do with anything? I used my cash from owning a business for the past 25 years to pay them off.
quote:
The occupancy at high rent shows the economy may be bad still afford all time rent prices
People working at the LNG facility in Cameron get at least a $150 per day per diem. Again, we are in a unique bubble
quote:
So how is this affecting you
Well, $160 to fill up my Diesel company truck isn't fun, but even past that, I am also looking to the future. If you don't see broader implications if we keep going, where rates could potentially hit 10%, then that is on you.
Also, building materials were on a nice decline before the war. That in fact did benefit me. Lumber was trading around $470 in June of 2024. The last I looked it people were cheering because it was down to the high $500s, coming off of several months of trading in the mid $600s
This post was edited on 9/15/26 at 12:09 pm
Posted on 9/15/26 at 12:04 pm to Enadious
quote:
My first house had a 10.95% interest rate. I was a high school graduate and 19. Let me know when house interest rates reach that level.
Your house cost $5 boomer. It’s amazing how the country has gone down the shitter under your watch and the response is always “well I got mine when things were handed to me by the greatest generation!”
Just the worst generation in the history of this country.
Posted on 9/15/26 at 12:06 pm to Hateradedrink
quote:
you helped create
Democrats will have their shot over the next few years thanks to Trump. Are you thinking the current bench will make any meaningful progress here?
Posted on 9/15/26 at 12:08 pm to stout
My god dude. I so wish admin would put a mute button. They have let so many of you losers on here that pretend to be part of a party that you are not. You are straight liberal, along with several others like you that are playing games on here. The good news it that it won't work when it comes time to vote. They still aren't going to vote for your Socialism....at least enough to move the country to a Marxist country.
Posted on 9/15/26 at 12:10 pm to NIH
NIH
Another pretend conservative. Not fooling anyone.
Another pretend conservative. Not fooling anyone.
Posted on 9/15/26 at 12:10 pm to Pedropatterstine
quote:
You are straight liberal,
TIL I am a liberal for not wanting to give $5K handouts to people and not wanting to be tied up in a war in the Middle East
Posted on 9/15/26 at 12:13 pm to ManBearSharkReb
That's so funny. Boomers were the hardest working generation that this country has ever had....aside from what came before them. The worst is what we have out there now in the 30s and 40s. Lazy, impatient, spoiled. I live in a rural area and almost everyone hard working person I know is doing well. Then you have people like you, blaming everything for your own shortcomings in life.
Posted on 9/15/26 at 12:15 pm to Pedropatterstine
This country has been dead for over decade. The “conservative strong hold” of Texas will be 80% non foundational Americans in a decade or two. All came from places that love socialism.
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