President Joe Biden - Kamala Harris Administration

[W.TN.Orange Blood]

 

[SlipKidVol]

Its been 160 years and they still haven't gotten off the slave party's plantation yet.

Agree, I'm sitting in Castle dentle with my mom, older demographic, and they have CNN on. Older black lady is waiting. All she has to do is absorb this propaganda. Now I have no idea how she feels. But it's shoved down their throats

 

[W.TN.Orange Blood]

 

[McDad]

I disagree with the tweeters assessment.

If housing prices fall, it will be by a modest amount. We will not see the events of 2008-2015 again in my lifetime.

 

[hog88]

I disagree with the tweeters assessment.

If housing prices fall, it will be by a modest amount. We will not see the events of 2008-2015 again in my lifetime.

Is there something you haven't told us? Have you put me in your will yet?

 

[McDad]

Is there something you haven't told us? Have you put me in your will yet?

Yes, I did. I bequeathed all of my debt to you.

 

[hog88]

Yes, I did. I bequeathed all of my debt to you.

Yipee!

But unless you don't plan on being around in another 20 years I think you're wrong.

 

[W.TN.Orange Blood]

 

[McDad]

Yipee!

But unless you don't plan on being around in another 20 years I think you're wrong.

I've been wrong before.

I don't see the dynamics in play now that we saw 10-15 years ago.

 

[85SugarVol]

I disagree with the tweeters assessment.

If housing prices fall, it will be by a modest amount. We will not see the events of 2008-2015 again in my lifetime.

So what happens to the bubble?

 

[hog88]

I've been wrong before.

I don't see the dynamics in play now that we saw 10-15 years ago.

There's lots of inventory on the market, I don't know if the Feds can spend/print us out of another crisis natural or otherwise and I'm a firm believer that we are sitting on a house of cards right now.

 

[McDad]

So what happens to the bubble?

We would have to agree there is a bubble before we can discuss what happens to the bubble.

If there is a correction, I would look at other times where rates were high (they aren't high now but they are higher than what people were getting a few years ago), there is oversupply in the market, and wages are stagnant.

If we can find a time when these three things were in play at the same time, we will have a good indicator of what is ahead of us. I am personally banking on more people renting smaller units and rents rising significantly over the next decade.

 

[McDad]

There's lots of inventory on the market, I don't know if the Feds can spend/print us out of another crisis natural or otherwise and I'm a firm believer that we are sitting on a house of cards right now.

Won't argue against your belief.

If it were to happen, it would be the best thing to happen to me. I am more prepared to take advantage of wholesale opportunities than I have ever been.

 

[hog88]

We would have to agree there is a bubble before we can discuss what happens to the bubble.

If there is a correction, I would look at other times where rates were high (they aren't high now but they are higher than what people were getting a few years ago), there is oversupply in the market, and wages are stagnant.

If we can find a time when these three things were in play at the same time, we will have a good indicator of what is ahead of us. I am personally banking on more people renting smaller units and rents rising significantly over the next decade.

I agree with you that more people will be renting in the future and that's why we're investing in rental units. Overpaying for a rental doesn't hurt you near as bad as overpaying with a higher interest rate on a primary residence.

 

[hog88]

Won't argue against your belief.

If it were to happen, it would be the best thing to happen to me. I am more prepared to take advantage of wholesale opportunities than I have ever been.

Same here.

 

[McDad]

Same here.

We can get together and light our cigars with hundred dollar bills and laugh at all the "little people".

 

[85SugarVol]

We would have to agree there is a bubble before we can discuss what happens to the bubble.

If there is a correction, I would look at other times where rates were high (they aren't high now but they are higher than what people were getting a few years ago), there is oversupply in the market, and wages are stagnant.

If we can find a time when these three things were in play at the same time, we will have a good indicator of what is ahead of us. I am personally banking on more people renting smaller units and rents rising significantly over the next decade.

Are you saying you don’t view this as a bubble?

 

[McDad]

Are you saying you don’t view this as a bubble?

View attachment 657280

Correct. I don't view that as a bubble.

 

[hog88]

We can get together and light our cigars with hundred dollar bills and laugh at all the "little people".

That's the dream....

 

[McDad]

That's the dream....

And after the little people walk by, impressed by our wealth, I'm gonna be putting out my flaming hundo asap.

 

[Orangeburst]

And after the little people walk by, impressed by our wealth, I'm gonna be putting out my flaming hundo asap.

McScrooge

 

[Majors]

Press Corp going after KJP is awesome to see/hear. It’s been years in the making

 

[NorthDallas40]

Press Corp going after KJP is awesome to see/hear. It’s been years in the making

She is the stupidest most incompetent person to occupy that post in a long time and deserves every bit of blow back she’s getting right now.

 

[SpaceCoastVol]

Press Corp going after KJP is awesome to see/hear. It’s been years in the making

How long until she plays the race card?

 

[85SugarVol]

Correct. I don't view that as a bubble.

How do you interpret it?