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Message

re: The past two weeks of policy from the Trump administration

Posted on 11/12/25 at 9:21 am to
Posted by stout
Porte du Lafitte
Member since Sep 2006
178858 posts
Posted on 11/12/25 at 9:21 am to
quote:

You should know better being in the game.


I do know.

I have been in RE way longer than you. I bought my first flip in 2000 when I was 20 years old, so I have ridden the waves good and bad.

50-year mortgages do zero to address true affordability and will inflate already over-inflated values.

Don't get me wrong, the inflated prices will be great for me when I retire and sell off some rental houses, but it will be bleak for future generations.

I shouldn't care at all, and deep down, I guess I don't, but I can acknowledge it's bad policy.
Posted by NIH
Member since Aug 2008
119241 posts
Posted on 11/12/25 at 9:21 am to
Don’t worry, you’ll always have the Israel deal as a w
Posted by geauxEdO
Member since Aug 2017
87 posts
Posted on 11/12/25 at 9:22 am to
your Chicago school of economics education is showing. Tariffs are a tax on foreign businesses, and I have no problem taxing foreign businesses.

yes, we have IQ’s and understand that there has to be a limit to these rebates. but the $2k isn’t going to throw our balance sheet out of whack.

Embrace Trump-Bessent economics, it’s not gonna hurt you.
Posted by yakster
Member since Mar 2021
3284 posts
Posted on 11/12/25 at 9:24 am to
Could you tell us who you are a diehard fan of? Just curious.
Posted by geauxEdO
Member since Aug 2017
87 posts
Posted on 11/12/25 at 9:25 am to
do you realize that any and all entitlement programs are “socialist” by definition? i’m sorry to break it to you, but there will always be some level of wealth redistribution. and i say this as a small-government conservative.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
92279 posts
Posted on 11/12/25 at 9:26 am to
quote:

have been in RE way longer than you


Bruh i have been in tbe game since 99

So no you havent

quote:

50-year mortgages do zero to address true affordability and will inflate already over-inflated values.


The loan is about getting ppl into homes. Everyone on here cries about this. And the amount of ppl that would need this is a small % and wont cayse values to increase 50% like all the morons on here claim

Nor will anyone pay 900k in interest sitting in the loan for 50yrs

Its a low iq tard talking point and we know this cause the usual suspects are saying that
Posted by stout
Porte du Lafitte
Member since Sep 2006
178858 posts
Posted on 11/12/25 at 9:27 am to
quote:

Tariffs are a tax on foreign businesses



Want to try again?
Posted by Rip Torn
Member since Mar 2020
5450 posts
Posted on 11/12/25 at 9:27 am to
You voted for McCain and Romney but bitch about everything Trump does. A 50 year note isn’t going to put a Walmart cashier into a 500k house. IF you flip houses like you claim then you know finding anything under 150k that isn’t falling in is rare and if a struggling family wants to finance a 150k house for 50 years so they don’t have to rent then they should have that option.
Posted by slidingstop
Member since Jan 2025
1598 posts
Posted on 11/12/25 at 9:28 am to
quote:

This country is fricked. We are just going to be fricked a little slower than if Kamala was president.



guess you should just go ahead and kill yourself, then. It's all over. Nothing left to live for.
Posted by RollTide4547
Member since Dec 2024
2719 posts
Posted on 11/12/25 at 9:34 am to
quote:

you’ll always have the Israel deal as a w
We have way more W's than that and you know it...
Posted by Moustache
GEAUX TIGERS
Member since May 2008
21633 posts
Posted on 11/12/25 at 9:35 am to
quote:

look to as a leader and feel betrayed by their own country, so radicalism and white superiority, which Nick supports, are a natural progression for them to turn to.


This may not be that bad of a direction. The sane people would just have to keep them from going 1 step too far. They’d clean up the h1b problems, welfare, and immigration pretty swiftly.

They’d clean up the lgbt/tranny mess via book burnings a la hirschfeld library style.

They’d clean up the interest and banking disasters by eliminating usury that pervades our culture.

We would just need to keep them from going too far. But a lot of shite we wanted would get done.

The only problem is Gen Z males really are earning their nickname of generation zyklon. And that’s a scary thought. You’re gonna have communists vs nazis for our political systems in the future.
This post was edited on 11/12/25 at 9:38 am
Posted by RollTide4547
Member since Dec 2024
2719 posts
Posted on 11/12/25 at 9:35 am to
quote:

As usual, this isn't about me, it's about Trump's policies, which you chose not to defend.
No it's not. It's about you being a whiny, bitching little female dog.
Posted by stout
Porte du Lafitte
Member since Sep 2006
178858 posts
Posted on 11/12/25 at 9:35 am to
quote:

Bruh i have been in tbe game since 99


I thought you were younger than me.

quote:

he loan is about getting ppl into homes. Everyone on here cries about this


There are better ways to do this but they come with more headwind that Trump hasn't even tried to address. He gave hints about some of those, including rolling back overreaching permits and EPA obstructions.

quote:

And the amount of ppl that would need this is a small %


There are numerous studies that show when people get like a $200 raise, they spend that instead of living as they were before and saving that $200. Acting like people will not opt into a 30-year mortgage over a 50-year mortgage to save a few hundred per month that they can spend elsewhere is obtuse. Some who are financially responsible will but those are in the minority in our society.

They will also use it to buy a much more expensive house than they normally would.

Both of those things already happen in the auto industry with 84 month notes now a thing. Not sure why you think that won't spread to RE.

quote:

and wont cayse values to increase 50% like all the morons on here claim


For someone who has been in RE since '99 it's crazy how much you forget the cause and effect of subprime lending or 2020 and how prices went parabolic when demand grew.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
292657 posts
Posted on 11/12/25 at 9:36 am to
quote:


No it's not. It's about you being a whiny, bitching little female dog.


Deflect, protect...
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
463637 posts
Posted on 11/12/25 at 9:37 am to
quote:

No, no, no! You're supposed to use the "it's not real socialism" after it fails.


We aren't even discussing the admin's policies promoting fedgov owning the means of production, I might add
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
53263 posts
Posted on 11/12/25 at 9:37 am to
quote:

Midterms are effectively going to end Trumps presidency at this rate.


Well Congress needs to get off their hands but it's clear they are waiting him out
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
463637 posts
Posted on 11/12/25 at 9:38 am to
quote:

Embrace Trump-Bessent economics, it’s not gonna hurt you.

Have you seen our deficits lately? Setting records for non-Covid years.

Our economy is largely in major trouble to the total shitter, depending on your location and industry.
This post was edited on 11/12/25 at 9:39 am
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
463637 posts
Posted on 11/12/25 at 9:39 am to
quote:

Could you tell us who you are a diehard fan of? Just curious.

I believe in policies not politicians.

This politician/team-based stuff is for political neophytes, NPCs, and groupies
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
463637 posts
Posted on 11/12/25 at 9:39 am to
quote:

You voted for McCain and Romney

Did you vote for Obama?
Posted by Bunkie7672
Member since Mar 2020
962 posts
Posted on 11/12/25 at 9:40 am to
quote:

Give Me a "P" Give Me a "A" Give Me a "N" Give Me a "I" Give Me a "C" Give Me a "A" Give Me a "N" What does that spell ? PANICAN


NPC boomer slop post of the year right here.
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