** Wise Words Department **
"Rather be dead than cool."
- Kurt Cobain
"Rather be dead than cool."
- Kurt Cobain
He really should visit more often.Did you all know that a Wyvern is a two legged dragon? I learned this last night.
haha Tampon Tim is upset
Keep renting. I’ll keep collecting monthly positive cash flow, yearly gains in equity, and large tax deductions on my rentals.Most common myth ever.
At least according to Zillow, my house is worth about 45% more than what I paid for it in 2019.That's also an insurance issue. Most people don't realize their insurance doesn't cover true replacement value unless they're updating it with their insurer every few years.
And YES property values have doubled in some places in the last 5 years. They're up 65-75% In other areas, but only because they have receded due to mortgage interest rates skyrocketing.
My buddy has a property in Lexington that was valued at 150k in 2017. By mid 2020 it was worth over 300k. Got as high as 340k and could have sold for over 360k at one point, but they weren't ready to sell it at the time. Now the value has been dropping back down a bit.
Another business associate bought a townhouse in 2018 or 2019 for 77-80k. That property in Lexington is now valued at over 160k. That backs up your assertion that prices have doubled very recently.
Thats not an insurance issue. Thats a simple call to your agent to raise the coverage amount. My agent calls me every 6 months to discuss premiums. Cincinnati builds in a 150,000 replacement overage for inflation.That's also an insurance issue. Most people don't realize their insurance doesn't cover true replacement value unless they're updating it with their insurer every few years.
And YES property values have doubled in some places in the last 5 years. They're up 65-75% In other areas, but only because they have receded due to mortgage interest rates skyrocketing.
My buddy has a property in Lexington that was valued at 150k in 2017. By mid 2020 it was worth over 300k. Got as high as 340k and could have sold for over 360k at one point, but they weren't ready to sell it at the time. Now the value has been dropping back down a bit.
Another business associate bought a townhouse in 2018 or 2019 for 77-80k. That property in Lexington is now valued at over 160k. That backs up your assertion that prices have doubled very recently.
haha Tampon Tim is upset
This story deserves a TON more attention. Can you imagine what would happen if they actually knocked out cell service and/or internet to NYC? It would be absolute mayhem that would ripple across the country. This is a really, really big deal.I didn’t see much about this here over the past weekend when it was being reported. At the time, they had not attributed the placement to China. This story probably deserved more attention.
haha Tampon Tim is upset
I miss him, Hort Elvison, and UKEric (for the game breakdowns).He really should visit more often.
^^^Somebody wake Rip Van Winkle up, please.Why wouldn't European people retain the tribal/ethnic instincts?
"The Little Pool"I miss him, Hort Elvison, and UKEric (for the game breakdowns).
Not only that, his estimate for taxes and insurance are off by quite a bit.Im not talking about me. Im talking about young people.
Lets use your metric of property doubling every 15 years. Property basically doubled the last 5 years if you live anywhere the least bit desirable.
It didn't have to be this way. Many raised the alarms when it started. Many more when it continued. Now its a runaway train and you'll have a generation with no interest in sinking every dime into a house.
Worse still, if anyone lost their home to a fire, storm, etc; they are absolutely screwed. They have zero chance of replacing a like home at the same mortgage payment.
Yes, it has gone beyond buying and holding business properties.I am jot aware of them going on the buying rampage then that they were in 2019 forward. That's the first time I noticed it being a big problem.
Its a tough thing to solve. Corporations and people should be able to buy and hold property. However this clearly went into the realm of market manipulation and I think that was the solution.
Value fluctuations even during the fannie and freddie created crisis were location dependent. For example Florida values had fluctuated up and down in cities like Jupiter, FL for quite a while. Not because of gentrification and societal/banking issues.
Almost like someone was printing money for them, which I think is actually happening and causing the massive inflation we're seeing with the dollar. I suspect we gave printing plates to some foreign govt or banking institution.
He has no way of stopping it with the RINOs we have in Congress. EO wouldn't get it done. Attacking that company outside of legislation would cause a massive financial crisis with how much stock they own in other corporations. They need to be investigated by DOGE level programmers and hackers to find out exactly where their money is coming from and how they're operating.
They do need to be stopped and their assets seized, and SFRs returned to the market in a planned release that won't collapse the market. Then return to common sense real estate restrictions for both banks and corporations, preventing them from buying SFRs before OOC buyers.
Nope. It started with Clinton. It reached a fever pitch when Obama left office. Trump had no way to stop it.
That was part of the plan to keep him on the defensive and from attacking these issues.
Mitch kept the Republicans from attacking anything in their platform and cost them in the midterm elections ON PURPOSE, so they wouldn't be able to stop the fleecing of the people, crippling the economy, and the ramping up of inflation. They refused to address obamacare and health insurance issues for 2 years. They did NOTHING.
It sounds great and "moderate" to blame Trump for this, but that is either myopic or disingenuous.
There is an answer. It needs to be addressed before midterms and should be the main focus and message of Republicans that they WILL FIX IT, if given the mandate.
Quite a bit off. Please tell me how far off on a 250,000 purchase?Not only that, his estimate for taxes and insurance are off by quite a bit.
This is a dual-pronged national security threat. It should be treated as such. Young people who can’t own a home are not going to have replacement level kids, and they’re certainly not going to be loyal to a system that denies them access to decent housing.
It’s an absolute slam dunk of a winning issue. That they haven’t and probably won’t do it says it all. It will take far more than the MAGA movement to get problems like that fixed. The corporations are unassailable, it seems.Value fluctuations even during the fannie and freddie created crisis were location dependent. For example Florida values had fluctuated up and down in cities like Jupiter, FL for quite a while. Not because of gentrification and societal/banking issues.
Almost like someone was printing money for them, which I think is actually happening and causing the massive inflation we're seeing with the dollar. I suspect we gave printing plates to some foreign govt or banking institution.
He has no way of stopping it with the RINOs we have in Congress. EO wouldn't get it done. Attacking that company outside of legislation would cause a massive financial crisis with how much stock they own in other corporations. They need to be investigated by DOGE level programmers and hackers to find out exactly where their money is coming from and how they're operating.
They do need to be stopped and their assets seized, and SFRs returned to the market in a planned release that won't collapse the market. Then return to common sense real estate restrictions for both banks and corporations, preventing them from buying SFRs before OOC buyers.
Nope. It started with Clinton. It reached a fever pitch when Obama left office. Trump had no way to stop it.
That was part of the plan to keep him on the defensive and from attacking these issues.
Mitch kept the Republicans from attacking anything in their platform and cost them in the midterm elections ON PURPOSE, so they wouldn't be able to stop the fleecing of the people, crippling the economy, and the ramping up of inflation. They refused to address obamacare and health insurance issues for 2 years. They did NOTHING.
It sounds great and "moderate" to blame Trump for this, but that is either myopic or disingenuous.
There is an answer. It needs to be addressed before midterms and should be the main focus and message of Republicans that they WILL FIX IT, if given the mandate.
Young people aren’t denied access to buy a house. They have to earn a house with a job and small down payment, as it should be. There are thousands of houses for sale in the south east for less than 250,000.Not only that, his estimate for taxes and insurance are off by quite a bit.
This is a dual-pronged national security threat. It should be treated as such. Young people who can’t own a home are not going to have replacement level kids, and they’re certainly not going to be loyal to a system that denies them access to decent housing.
45 percent is the norm across the South and Midwest. It’s very rare for a house to have doubled since 2019 without sweat equity renovationsAt least according to Zillow, my house is worth about 45% more than what I paid for it in 2019.
Because all the Karen's who hired him, saw a slick talking and dapper looking black guy with a sexy accent who checked all their DEI Boxes. They didn't bother to do their due diligence.
Rinos never stopped trump from at least trying to do something. Didn't try anything on this one at all.
I agree he needs to say they will fix it, but he has to mean it.
Humorous to me that two of the leading Pub Senate candidates in AL - that's right, Alabama - are Finebaum & Bruce Pearl - Jewish guys. I'm fine (PI) with it. Actually, great with it. Heisman must be tearing his hair out though. Poor guy.![]()
ESPN Commentator Paul Finebaum Considers Senate Run in Alabama After Charlie Kirk Assassination
Longtime ESPN and SEC Network host Paul Finebaum is weighing a possible run for the United States Senate, citing the September 10 assassination of Turning Point USA founder Charlie Kirk as his insp…wokespy.com
Have a beautiful first cousin. Thing is, she's batsh!t crazy.Occasionally, ya gotta just shake your GD head.
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Why waste the money on Canada? Nome, AK or vicinity would work well.The more I see headlines like this, the more I love the idea of the US Govt buying some giant chunk of land in northern Canada, surrounding it with a wall similar tot he one from A Song of Ice and Fire (Game of Thrones) that separated the Seven Kingdoms from the land of the Wildlings and the Others, and throwing all these insane Leftists in there and letting them live however they see fit.
Would anyone even consider us a SEC job? Mitch doesn't. He spends our money on hoops.Not sure how likely it would be that he would come here...but wouldn't you have to make a call to Curt Cignetti? I can't imagine he's gonna be at IU forever. He may view an SEC job as a step up. UK is paying Stoops top 10 money...I'm sure they would pay top 10 for someone like Curt.
Also possible they go some physical freebies from him.Agree. I’d bet a pretty penny those liberal women who approved/hired this guy heard the red flags from the background checks and actively pushed them aside so they could get their “feel goods” from hiring a non-white man to a position that high. They probably even bragged about how good they were in their next few Chardonnay socials.
Maybe they're being tariffed somehow.Hulu is who I have as well. Hulu is raising their prices again btw.
It's called monopoly public school systems & the teachers' unions that run them.this is an excellent point to counter those crying we skilled immigrants. Why the F don't we have more 'skilled americans'?
Kick some tail ICE![]()