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Started By
Message
re: Trump wants to cut regulations on home builders to cut costs
Posted on 9/5/24 at 4:52 pm to roguetiger15
Posted on 9/5/24 at 4:52 pm to roguetiger15
quote:
You don’t need a house to have a life
And you don't need your house to be an investment vehicle to have a life either
1
Posted on 9/5/24 at 4:53 pm to Powerman
quote:
leaving many new buyers underwater on their mortgage
How would it impact them before they try to sell it or get an additional loan on it?
Posted on 9/5/24 at 4:53 pm to Powerman
quote:
If the results are what is claimed how could it not tank the existing home market?
How would it tank the market please enlighten us with your genius mind
Posted on 9/5/24 at 4:53 pm to Double Oh
Only if straight piped. You can cut off cat and dpf filter and leave muffler and it’s not that bad. Also increases fuel mileage and engine life.
Posted on 9/5/24 at 4:53 pm to LSUbest
quote:
Yea, frick people trying to start a life.
Pretty much.
Posted on 9/5/24 at 4:54 pm to LSUbest
quote:
How would it impact them before they try to sell it or get an additional loan on it?
Selling a home where you owe more on the mortgage than what you can sell it for is uncharted territory for me. But this would be a certainty if homes did in fact contract in value by 30%+
Posted on 9/5/24 at 4:54 pm to Powerman
so cutting investment potential in half is good now?
If that’s the case why even buy a house?
If that’s the case why even buy a house?
Posted on 9/5/24 at 4:55 pm to SDVTiger
quote:
How would it tank the market please enlighten us with your genius mind
If the cost to purchase a new home is 30% less surely you can imagine what this would do to existing home valuations in the same zip code
Posted on 9/5/24 at 4:55 pm to Powerman
quote:
Selling a home where you owe more on the mortgage than what you can sell it for
Then don't sell it.
Posted on 9/5/24 at 4:56 pm to roguetiger15
quote:
so cutting investment potential in half is good now?
If that’s the case why even buy a house?
If you're looking at your house as an investment then maybe that's your problem
It should never be looked at as an investment vehicle. It's a place to live.
Posted on 9/5/24 at 4:57 pm to TDTOM
quote:
Then don't sell it.
Most wouldn't obviously. But what if your career dictates that you need to relocate?
Posted on 9/5/24 at 4:57 pm to Powerman
quote:
If you're looking at your house as an investment then maybe that's your problem It should never be looked at as an investment vehicle. It's a place to live.
That is the most arse backward thing I’ve heard. Maybe that’s why people are broke in this country
Posted on 9/5/24 at 4:57 pm to Yaboylsu63
It depends on what regulations he wants cut.
We don't need crooked builders building deathtraps.
What happened to starter homes?
Now most young couples buy a starter home that is bigger and nicer than the homes their parents live in.
We don't need crooked builders building deathtraps.
What happened to starter homes?
Now most young couples buy a starter home that is bigger and nicer than the homes their parents live in.
Posted on 9/5/24 at 4:57 pm to LSUbest
Agree. A basic home should be affordable for anyone who wants it.
Posted on 9/5/24 at 4:58 pm to roguetiger15
quote:
so cutting investment potential in half is good now? If that’s the case why even buy a house?
There are good reasons to own a home instead of rent even if it doesn’t go up in value.
1)locked in housing cost payment same (ok taxes and insurance do change) today as 30 years from now.
2)not having to move frequently(moving from place to place sucks).
3)even if it’s only worth what you originally paid, at the end you have that much equity/value. At the end of 30 years paying rent you have 0.
This post was edited on 9/5/24 at 5:10 pm
Posted on 9/5/24 at 4:58 pm to roguetiger15
quote:
That is the most arse backward thing I’ve heard.
Maybe you need to think about things more
Houses aren't investments. They're places to live. Some people get lucky and make money off of the transaction when they move.
Posted on 9/5/24 at 4:58 pm to Powerman
How many situations like that would it take to "crash the market"?
Posted on 9/5/24 at 4:59 pm to roguetiger15
quote:
You don’t need a house to have a life
Mom's basement is no place to raise a child.
Posted on 9/5/24 at 4:59 pm to L1C4
quote:
What happened to starter homes?
Most starter homes that exist today are in someone's rental portfolio.
Posted on 9/5/24 at 4:59 pm to Yaboylsu63
I'm not sure how to downvote your post without giving him credit for this proposal. Bottom line, you suck and he knows so much more than idiots like yourself when it comes to getting shite done
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