You're jealous of me. It will get you nowhere. Sorry chump.
Buyers market begins
- Thread starter evince
- Start date
You're jealous of me. It will get you nowhere. Sorry chump.
I actually already posted a link to an Economist article entitled "A shortfall in immigration has become an economic problem for America."
You say more people have left the workforce, and you say that leaving the workforce is always bad. Retirement is the primary reason people are currently leaving the workforce.
T. A. Gardner
Serial Thread Killer
Actually, no. This is wrong. What the shift is, that as interest rates rise there are fewer and fewer people qualifying for mortgages and houses are staying on the market longer. This is forcing discounts on price to entice those buyers still in the market.
For example, I sold two houses and some land just before the market peaked. The houses went to Next Door, a national flipper company. Now, roughly three months later both have had their flip done, whatever that entailed, and have been on the market sitting below what Next Door paid for them for at least 60 days. The neighbor to one of those also sold. Their house is sitting on the market as well.
But the driving reason is increasing interest rates, not a lack of buyers. If you can't get the money together or aren't a cash buyer you simply cannot buy a house. So, the market is going down because Joke and his Minions of Ignorance are driving the economy into the ground.
He just makes numbers up. Like his claim that there are fewer people employed now than there were three months ago. Which is false. There is not a shred of truth in the statement. So he will claim he meant the Fed target interest rate, which was very near 0. But there is not a tenfold increase in all other rates. McRocket would prefer to argue the corners, because the substance of his arguments is nonsensical.
So...you ignore established, English language rules.
And make up your own rules for what words mean.
I tried to help to educate you.
And all you do is bury your head in the sand and refuse to admit your OBVIOUS mistake.
Whatever pal.
Make a fool of yourself.
No problem for me.
We are done here - for now.
Bye.
evince
Truthmatters
You are making a small fool of yourself.
The term you are looking for is 'envy'.
NOT 'jealousy'.
How can I be jealous of your wife?
I can only be jealous of my wife (if I had one).
(not that I am envious of you AT ALL from what I know of you.
I would take the money you claim to have.
But I will pass on EVRYTHING else...thanks.)
If you are going to be a troll?
At least learn what the words you use actually mean.
That way you will not look so ridiculous/uneducated.
Bye now.
It’s now a buyers market you fucking idiot
There you go...again.
Making broad assumptions with NOTHING to back it up.
The Employment-Population Ratio has dropped since March (down is bad).
That provides evidence (though - not conclusive) that the loss of jobs is NOT due to retirements.
But simply due to a lack of jobs available.
https://www.bls.gov/charts/employment-situation/employment-population-ratio.htm
'Homebuilders say U.S. is in a 'housing recession' as sentiment turns negative
'The National Association of Home Builders/Wells Fargo Housing Market Index dropped 6 points in August to 49. Anything below 50 is considered negative.
This marks the eighth straight decline in the index.
"Tighter monetary policy from the Federal Reserve and persistently elevated construction costs have brought on a housing recession," said NAHB Chief Economist Robert Dietz.'
https://www.msn.com/en-us/money/rea...ssion-as-sentiment-turns-negative/ar-AA10FZhv
We are just entering a real estate recession.
And you say it is a good time to buy.
FUCK you are a moron on this.
Earth to your brain?
It is only a buyers market once the recession is over/is ending.
Not at the beginning.
DUH!!!!!!!!!!!!!!!!!!!!!
So...you ignore established, English language rules.
And make up your own rules for what words mean.
I tried to help to educate you.
And all you do is bury your head in the sand and refuse to admit your OBVIOUS mistake.
Whatever pal.
Make a fool of yourself.
No problem for me.
We are done here - for now.
Bye.
Bye!!!!!!
I don't care about articles with opinions.
Surely you know that you can find a dozen articles arguing for and against what you are saying.
Articles mean little.
I care ONLY (in terms of macroeconomics) in cold, hard data from unbiased sources.
Do you have a link to those?
NiftyNiblick
1960s Chick Magnet
The best years of life are between fifty and sixty, give or take.
You've paid off your mortgage and your kids' tuitions.
You've still got enough physically to have a hell of a good time--Vegas, Caribbean cruises, Manhattan, Europe--whatever floats your boat.
Then you're seventy-five and falling the fuck apart.
But you remember how good it was, at least until dementia sets in.
Is it a buyers' market now? What the fuck should I buy?
I haven't bought a new suit since Enzo Fosella finally closed his tailor shop (in his late eighties) and retired on Cape Cod.
But where the fuck would I wear it? I don't need a new suit for the crematory.
New equipment won't help my golf game which has fallen to crap. What should I buy?
What are you folks buying in this buyers' market? Stocks? What fun are those?
You've paid off your mortgage and your kids' tuitions.
You've still got enough physically to have a hell of a good time--Vegas, Caribbean cruises, Manhattan, Europe--whatever floats your boat.
Then you're seventy-five and falling the fuck apart.
But you remember how good it was, at least until dementia sets in.
Is it a buyers' market now? What the fuck should I buy?
I haven't bought a new suit since Enzo Fosella finally closed his tailor shop (in his late eighties) and retired on Cape Cod.
But where the fuck would I wear it? I don't need a new suit for the crematory.
New equipment won't help my golf game which has fallen to crap. What should I buy?
What are you folks buying in this buyers' market? Stocks? What fun are those?
Sooooo...you are saying that at the beginning of a real estate recession is a buyer's market?
Whatever troll.
evince
Truthmatters
This
Okay...answer me this.
Is it better to buy real estate when prices have started to fall (like now) from their peak?
Or wait until they are at/near the bottom?
evince
Truthmatters
This
evince
Truthmatters
This
evince
Truthmatters
This
NOTE TO BOARD:
Evince OBVIOUSLY knows NOTHING about the Real Estate market.
Her posts are clearly just politically and/or troll-oriented.
Take NO ADVICE from her on it.
My guess is she is pushing this narrative for either personal reasons or political ones.
Or maybe she is just stupid.
Because only a complete fool would think the beginning of a real estate recession is a good time to buy a house.
Once again, I despise BOTH parties.
Last edited: