POLITICAL THREAD

How will they rule ??!


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trueblujr

Heisman
Dec 14, 2005
30,260
95,769
113
It's definitely not top shelf at all. I guess I like them because they are loaded up with goodies so much that I don't even notice the taste of the ice cream, lol. I don't get them often.

I get my fix from the Nestle Crunchy dipped drumsticks. I get the varitey pack of 8 that comes with Vanilla Caramel, Vanilla Fudge and Vanilla. YUM YUM.
I'm kinda limited on how much Ice Cream I can buy to eat at home as it is. If I do go buy it, I either have to make sure I have a cooler in my car or go to the Country Mart where I live to get it, because they're the only place I can go and get it home before it melts.
 

GJNorman1

Senior
Jan 28, 2013
796
420
63
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.
I don’t think property doubled in the last 5 years. More like 40 percent in most cases. Property has doubled off the 2009 lows. Houses that were 350k in 2009 are around 700k today.

losing everything in a natural disaster is why insurance is needed and required for a loan.


what would you suggest we do to keep Home prices at bay? Raise the borrowing rates would be the only non-communistic option we have.

When the rates were up in the 7% range, in 2024 and early 2025, housing prices did come down in some areas. Now rates are in the low 6’s and buyers and sellers are creeping back into the market

I like to buy assets that appreciate and young adults should too.

Renting is pissing away money
 

Beatle Bum

Heisman
Sep 1, 2002
39,813
60,027
113
The mortgage crisis had real estate values mose money for the first time in US history iirc.

The most recent explosion of real estate is because Black Rock started gobbling up every residential home on the market and paying a premium. They literally wouldn't be outbid and they paid cash which meant a seller avoided inspection etc.

That happened under Trump 1. He should've stopped it then. Now we're in a situation where young people literally cant afford a home. It isnt even just young, unless you make 100-125k, you cant afford a home.

That caused a domino effect to rentals. No one can afford a home, rentals had higher demands and now apartments are insane.

It all started with Trump allowing Black Rock to run wild in the single family dwelling market. There is no answer, because a company that large will just hold these homes until they get the money they want. The most they will lose is 25%, which isnt nearly enough to reset the market.

So unless you owned a home prior to 2019, you probably will never own one. At least not before 2029 and beyond.
Black Rock claims you are confusing it with Blackstone.
 

notFromhere

Heisman
Sep 7, 2016
20,884
62,621
113
The mortgage crisis had real estate values mose money for the first time in US history iirc.

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.

The most recent explosion of real estate is because Black Rock started gobbling up every residential home on the market and paying a premium. They literally wouldn't be outbid and they paid cash which meant a seller avoided inspection etc.

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.

That happened under Trump 1. He should've stopped it then. Now we're in a situation where young people literally cant afford a home. It isnt even just young, unless you make 100-125k, you cant afford a home.

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.

That caused a domino effect to rentals. No one can afford a home, rentals had higher demands and now apartments are insane.

It all started with Trump

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.

allowing Black Rock to run wild in the single family dwelling market. There is no answer, because a company that large will just hold these homes until they get the money they want. The most they will lose is 25%, which isnt nearly enough to reset the market.

So unless you owned a home prior to 2019, you probably will never own one. At least not before 2029 and beyond.

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.
 

Beatle Bum

Heisman
Sep 1, 2002
39,813
60,027
113
they need to go to their home. America isn’t their home.

parasites
There are some crazy facts in some of these cases. I recently saw a case where the person was claiming asylum, but after they left their country, they stayed in another country for four years before making their way to the US under the previous administration. They never sought asylum in that four years or in any country through which they passed on their way to our border. This is a racket promoted by the Dems.
 

GJNorman1

Senior
Jan 28, 2013
796
420
63
I do not think that is a fair statement.
The actual time it takes for home values to double varies significantly based on market conditions, location, and the specific time period.

For instance, from 2000 to 2010, prices, remained fairly flat, after they nearly doubled in 2005-6 and gave back all their gains in 2008-2010. But, housing prices coming off the bottom, in 2009, have doubled across the board in most major cities.

over a 100 year period, I think the 15 year rule would probably be accurate. Although, some 15 year spans may more than double, and others may see little growth due to a crash or prolonged bear market.
 

notFromhere

Heisman
Sep 7, 2016
20,884
62,621
113
True but if you're UK you still should make the call.

ADs are always making calls to gage interest from prospective coaches through their agents. That's a big part of their jobs. They do it on the regular so they're not unprepared as much as possible when changes occur.

They make the calls now so that they don't waste time with people that aren't interested later.
 

Monday Nitro

All-Conference
Jul 3, 2025
679
1,553
92
Good deeds 🙏



a man is sitting in the driver 's seat of a white car .
 

Beatle Bum

Heisman
Sep 1, 2002
39,813
60,027
113
The Google AI answer to housing prices surging recently:


The surge in the housing market following the initial COVID-19 lockdown was caused by a unique combination of historically low interest rates and a major shift in consumer demand for more space due to remote work
. This surge was amplified by existing supply shortages and significant investor activity.
Increased demand from lifestyle changes
  • Remote work created a "search for space": As employers instituted work-from-home policies, many people no longer needed to live within commuting distance of a physical office. This prompted a wave of migration from denser urban centers to suburbs and smaller cities where housing was often cheaper and provided more square footage.
  • Desire for more functional living space: Spending significantly more time at home made many people realize their living situations were inadequate. This led to a rush to buy larger homes with features like home offices, outdoor spaces, and dedicated rooms for hobbies and family activities.
  • Millennials entered the market: The pandemic accelerated the long-standing trend of millennials reaching prime home-buying age. Combined with new lifestyle priorities and low mortgage rates, this demographic moved from the rental market into homeownership in large numbers.
Financial and economic factors
  • Historically low mortgage rates: In response to the economic uncertainty of the pandemic, the Federal Reserve cut interest rates to near zero. This drove mortgage rates to historic lows, boosting buyers' purchasing power and making homeownership more accessible and attractive.
  • Government stimulus and savings: Fiscal stimulus, including direct payments and expanded unemployment benefits, combined with reduced opportunities for discretionary spending (such as travel and dining out), allowed many households to accumulate savings. These savings could then be used for down payments on a home.
  • Investor activity: As housing values rose, large institutional investors and "iBuyers" aggressively purchased homes as investment properties. This added to the competition for limited inventory, especially for starter homes, and helped to further drive up prices.
Existing housing shortage
  • Chronic underbuilding: The U.S. had a significant housing supply issue leading up to the pandemic, largely due to a slowdown in new construction following the 2008 financial crisis. When demand surged, the market was already operating with historically low inventory.
  • Disrupted new construction: The pandemic further hampered new construction due to supply chain disruptions and labor shortages, making it impossible for builders to keep up with the sudden jump in demand.
  • Homeowners locked in low rates: When mortgage rates rose in 2022 to combat inflation, many homeowners who had locked in low rates during the pandemic were disincentivized from selling. This phenomenon, known as the "rate-lock effect," significantly reduced the inventory of existing homes for sale, keeping prices elevated even as sales slowed.
 

notFromhere

Heisman
Sep 7, 2016
20,884
62,621
113
Pitiful answer from the Pope. Anyone who has ever discussed or argued with a liberal about abortion, this is the thoughtless, stock answer you would always get.




“I think that is very important to look at the overall work that this Senator has done during, if I'm not mistaken, 40 years of service in the United States Senate.

I understand the difficulty and the tensions but I think as I myself has spoken to pass, it’s important to look at many issues that are related to what is the teaching of the Church.

Someone who says I'm against abortion but I'm in favor of the death penalty, is not really pro-life. So someone who says that I'm against abortion but I'm agreement with the inhuman treatment of immigrants who in are the United States I don't know if that's pro-life; so they're very complex issues. I don't know if anyone has all the truth on them, but I would ask first and foremost that there'd be greater respect for one another, and that we search together both as human beings and that case is American citizens or citizens of the state of Illinois, as well as Catholics to say we need to, you know, really look closely at all of these ethical issues and to find the way forward as Church. Church teaching on each one of those issues is very clear. Thank you.”






isn't that convenient.

"Look at his overall body of work..."

Oh, OK. Let's apply that to the Catholic Church. Let's look at the inquisitions, the 100s of years of priesthood abuse scandals, silence during WW2, and the genocide of indigenous people all over the place. Lets look at them taking our money to use for flooding this country with illegal immigrants while refusing to take anyone into vatican city.

So should we judge the church by what they've done overall instead of any good things they've done recently OR individually? Let's do that then.

Completely a garbage political response by this pope.
 

notFromhere

Heisman
Sep 7, 2016
20,884
62,621
113
Yeah, interest conflicts written all over this venture. Good luck, although once media sharks begin circling, I fear her enterprise is short-lived.



Unless she's blogging or doing shopping network videos from the front lawn, it's a big nothing-burger. She can take photos anywhere and I don't care. Probably one of the few safe places she can take photos the way the leftists are these days.
 

notFromhere

Heisman
Sep 7, 2016
20,884
62,621
113
I'm kinda limited on how much Ice Cream I can buy to eat at home as it is. If I do go buy it, I either have to make sure I have a cooler in my car or go to the Country Mart where I live to get it, because they're the only place I can go and get it home before it melts.

We take a cooler with us if we're going to get frozen desserts at the store. Nothing stays frozen long with all of the fillers that are used to make them smooth. Very few ice creams are solid at the store these days.
 

notFromhere

Heisman
Sep 7, 2016
20,884
62,621
113
The fact he's still in office nearly 30 years later is the root of one of the major problems with our Government. We need Term Limits badly.

If you waved 100k in front of that vampire, he wouldn't be able to stop drooling all over himself. He goes whichever way the money blows. If they don't keep illegals voting, and cant stop their corruption from being outed and stopped, their party is toast.
 

notFromhere

Heisman
Sep 7, 2016
20,884
62,621
113
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.

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.
 

notFromhere

Heisman
Sep 7, 2016
20,884
62,621
113
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.

Yep. Banks seemed to conspire to drive prices up. From 2019 onward. That's when they had a complicit agency, doj, and congress. No one was going to step up. This was all planned in advance.