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Posted on 6/16/20 at 8:14 am to Boy_of_wonder75
I'm glad we took the sufficient measures in March and April in order to have a slow re-opening. Unfortunately, some places are re-opening too quickly and now those places are experiencing rises in Covid-19 infections. If we want the economy to really come back, we all need to wear masks, maintain social distancing, and re-open conservatively.
Posted on 6/16/20 at 8:14 am to OmahaHog
quote:
Economics is all conservatives have lol. Why is mindless consumerism something to celebrate??
Is this a Chavez or Maduro quote...asking for a friend.
Posted on 6/16/20 at 8:15 am to southern686
They do, but you won't see the impact until mid September at least reportage wise....You will start to feel it by the third week of August....I hope I am wrong.
I know the upper management at Rouses and Donnie, et al is pushing to make sure EBT transactions get easier to process. They think we will see a big growth in EBT application as well as usage
I know the upper management at Rouses and Donnie, et al is pushing to make sure EBT transactions get easier to process. They think we will see a big growth in EBT application as well as usage
Posted on 6/16/20 at 8:16 am to OmahaHog
quote:
Economics is all conservatives have lol. Why is mindless consumerism something to celebrate??
Why do you hate the working poor?
Posted on 6/16/20 at 8:26 am to tide06
quote:You might be right.
I think as soon as the 401ks went back to previous levels people went all in.
I’ve stayed busy during the shutdown, but the last couple weeks everyone in the office has seen it rev up even more. I spoke with another realtor Saturday who had the showing after mine on a house and she said she had never seen anything like it. (That house went pending on its 2nd day listed).
I saw one go pending day 2 last week with 11 offers, and it was a new renovation. I can get that many if it’s a good looking flip, but jeez.
Posted on 6/16/20 at 8:29 am to OmahaHog
quote:
Economics is all conservatives have lol.
Posted on 6/16/20 at 8:32 am to FooManChoo
quote:
The economy is important for everyone.
Civilization under attack, conservative court abandons all normalcy but "Yeah people are buying stuff!!!"
Posted on 6/16/20 at 8:56 am to llfshoals
How much did you do in March, April and the fist half of May?
My guess is that you are expressing a short term exuberance.....like I said, check back in September when all the goverment money is gone.
My guess is that you are expressing a short term exuberance.....like I said, check back in September when all the goverment money is gone.
Posted on 6/16/20 at 8:56 am to trinidadtiger
Up from April? Well, yeah.
Posted on 6/16/20 at 8:57 am to OmahaHog
quote:you're too dumb to see why this is a self own
Economics is all conservatives have lol
Posted on 6/16/20 at 9:00 am to OmahaHog
quote:
Economics is all conservatives have lol.
Guess we should focus on wearing African cloths and crying over 100 year old statues. Things that really matter.
Posted on 6/16/20 at 9:11 am to KiwiHead
quote:lost 3 due to Cov-19 that were under contract. Busy March and May. June has been really busy.
How much did you do in March, April and the fist half of May?
Your last sentence tells me how stupid you are. There’s not a bank on the planet that lends money for a house off a tax refund. Which is essentially what the stimulus checks are the equivalent of.
Posted on 6/16/20 at 9:21 am to OmahaHog
quote:Commerce is how people put food on their tables. It needs to remain steady especially in the face of the turmoil going on right now.
Civilization under attack, conservative court abandons all normalcy but "Yeah people are buying stuff!!!"
How do you think Conservatives would be doing having to deal with this attack on our way of life if we also had no jobs to support our families?
Posted on 6/16/20 at 9:24 am to OmahaHog
quote:
Economics is all conservatives have lol. Why is mindless consumerism something to celebrate??
Meanwhile, Dems are crying about muh statues and muh flags and burning their own cities down.
During the down time, they try to figure out which gender they are.
Posted on 6/16/20 at 10:15 am to llfshoals
From a macro view, government spending on the consumer is very important, even in real estate right now. If you are selling only high end properties, maybe not so much. But the mid priced homes below 200K are taking a hit.
New housing starts in March and April were down anywhere between 8 -10 percent and existing homes were getting hammered as well.
Like I said get back in August/September you'll see a holding pattern. If your buyers own busnisses, their customers will start to pull back in expenditures and that vibrates throughout the economy. Demand will start to stagnate.
I would move a good portion of investment into cash and hold until next spring because you are going to see a foreclosure spike in the winter.
Right now Fed intervention is what is keeping things afloat. They have essentially purchased all the debt accrued this year. Federal unemployment supplements and "stimulus" checks are the only thing propping things up right now. Keeping prices on yoir end stable.....I am going to bet it will be an extreme buyers market in a few months with existing home prices stagnating or decreasing. New housing starts will take a hit as well
New housing starts in March and April were down anywhere between 8 -10 percent and existing homes were getting hammered as well.
Like I said get back in August/September you'll see a holding pattern. If your buyers own busnisses, their customers will start to pull back in expenditures and that vibrates throughout the economy. Demand will start to stagnate.
I would move a good portion of investment into cash and hold until next spring because you are going to see a foreclosure spike in the winter.
Right now Fed intervention is what is keeping things afloat. They have essentially purchased all the debt accrued this year. Federal unemployment supplements and "stimulus" checks are the only thing propping things up right now. Keeping prices on yoir end stable.....I am going to bet it will be an extreme buyers market in a few months with existing home prices stagnating or decreasing. New housing starts will take a hit as well
Posted on 6/16/20 at 10:25 am to FooManChoo
quote:
The economy is important for everyone.
You need to add a clause for the looters
Posted on 6/16/20 at 1:39 pm to trinidadtiger
Posted on 6/16/20 at 1:50 pm to KiwiHead
quote:A $1200 check. Extra Snap benefits. Unemployment benefits. Exactly which one of these do you think is propping up home buyers? Do you think they're paying cash? Which mortgage lenders are approving loans on unemployment, snap, and one time government payments?
check back in September when all the goverment money is gone.
Posted on 6/16/20 at 2:05 pm to OmahaHog
quote:
Economics is all conservatives have lol. Why is mindless consumerism something to celebrate??
Yeah, who gives a frick about jobs anyway! And frick all those poors who can use a strong economy to work their way out of poverty and into prosperity! BIDEN 2020 BAYBEEEEE!!!!
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