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Old 05-16-2021, 08:27 AM
 
1,766 posts, read 1,223,464 times
Reputation: 2904

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I have posted numerous news articles how first time homebuyers are priced out of the housing market and we have a serious housing crisis and none of you care. These are your fellow Americans. What is wrong with you people???

Last edited by C2BP; 05-16-2021 at 08:48 AM..

 
Old 05-16-2021, 09:00 AM
 
1,766 posts, read 1,223,464 times
Reputation: 2904
Quote:
Originally Posted by Dingo Gibby View Post
Dude, quit your whining and move to Jamestown, NY: https://www.realtor.com/realestatean...h/Jamestown_NY We definitely have a better climate than South Dakota, and we certainly have much water than South Dakota, Utah, and Phoenix.
I should move from South California to Jamestown NY? Where I live you probably couldn’t afford to buy a parking place. But hey keep cheering for the Fed and destruction of our national currency.
 
Old 05-16-2021, 09:06 AM
 
10,609 posts, read 5,647,123 times
Reputation: 18905
From your threads and posts, it is clear you've never taken any actual economics classes at the University level. At the same time, you certainly have interest in the topic.

There are several great online economics courses you may be interested in, many of which are free. Why don't you sign up for & take a few courses below. If you have difficulty with your homework or the tests, let us know and many of us will be eager to offer our assistance.

https://www.stlouisfed.org/education...s-and-students
https://www.edx.org/learn/economics
https://ocw.mit.edu/courses/economic...ples-economics

https://www.youtube.com/watch?v=5BrbsyxOh3g
https://www.classcentral.com/subject/economics
https://online-learning.harvard.edu/subject/economics
https://www.openculture.com/economics_free_courses
https://www.coursera.org/learn/money-banking

You can even study economics online at Khan Academy:
https://www.khanacademy.org/economic...macroeconomics
https://www.khanacademy.org/economic...ey-and-banking
 
Old 05-16-2021, 09:37 AM
 
2,747 posts, read 1,781,904 times
Reputation: 4438
Quote:
Originally Posted by C2BP View Post
I should move from South California to Jamestown NY? Where I live you probably couldn’t afford to buy a parking place. But hey keep cheering for the Fed and destruction of our national currency.
? Complain about real estate prices generally then brag about how expensive real estate is where you live?

Do you ever think before you type something?
 
Old 05-16-2021, 09:40 AM
 
Location: Sierra Vista, AZ
17,531 posts, read 24,695,782 times
Reputation: 9980
Quote:
Originally Posted by C2BP View Post
Yes, I fully agree.
if they are not living in it, certainly.
 
Old 05-16-2021, 10:37 AM
 
Location: Knoxville, TN
5,818 posts, read 2,669,748 times
Reputation: 5707
Quote:
Originally Posted by Taggerung View Post
Don't worry, once we get the long overdue 'crack-up boom' most of these houses won't be worth the chipboard, drywall, and plastic they're made out of.
Not in the South.
 
Old 05-16-2021, 12:28 PM
 
1,766 posts, read 1,223,464 times
Reputation: 2904
Quote:
Originally Posted by SuiteLiving View Post
? Complain about real estate prices generally then brag about how expensive real estate is where you live?

Do you ever think before you type something?
Real estate prices are going up because of money printing and destruction or devaluation of our NATIONAL CURRENCY. Same thing with the Stock Market. That is all the FED is doing.....ongoing destruction of our NATIONAL CURRENCY.

If you raise interest rates and you strengthen our national currency real estate prices would collapse overnight. The FED hasn’t fixed anything in America since 2008 and is continuously digging our hole dipper and dipper.

The whole world is laughing at us. We are officially United States of Zimbabwe. Bankrupt Nation using monetary shenanigans to stay afloat.
 
Old 05-16-2021, 02:36 PM
 
1,766 posts, read 1,223,464 times
Reputation: 2904
Quote:
Originally Posted by Dingo Gibby View Post
LOL. You're the one whining about how you can't afford to buy a house, not me.

My first house was an ugly 2 family in a sketchy neighborhood. Luckily I sold it before the neighborhood totally tanked. Unfortunately, I didn't own it when real estate in the neighborhood turned around and rents soared. Oh, well ...

I live in Jamestown because I've chosen to live here. I'm a small place person, and Jamestown is the perfect size for me: big enough to have amenities, small enough to lack most big city problems. I'm 2 minutes from a great park to walk my dog, ten minutes from a free boat launch on a natural lake, fifteen minutes from public beaches, half an hour from skiing. Before I retired, my commute to work -- clear across the city -- took about 15 minutes. That it has bargain real estate is just a bonus.

If you want SoCal, then you will have to lower your expectations ... less than a 1000 square feet, 1 bath, out-dated kitchen in a sketchy neighborhood that you hope will turn around. No en-suite bath or granite countertops or "open concept" design for you unless you get off your rump and put in serious sweat equity to get it. That's the traditional way that young home owners move up the housing ladder. You can always buy a house with a rental unit and become a landlord yourself or -- heaven forbid -- find a roommate to help with the mortgage.

If you want 3 beds, 2 baths and turnkey, you'll have to move elsewhere. There are lots of places in the US a whole lot cheaper than SoCal.
Lol, I own my house free and clear and this isn’t about me. Are you so blind and not able to see that our housing market is speeding towards social disaster. American houses that would otherwise have been bought by young couples and families as their starter homes are being snatched by Wall Street Vultures and Speculators with deep pockets and free money from the FED. In every state, especially in the cities where young people have been chasing jobs, affordable housing is a problem; rents are soaring and the vultures are flocking.

Aside from having wealthy parents or winning by gambling on DOGCOIN, majority of potential first time homebuyers are priced out of the housing market.
 
Old 05-16-2021, 04:16 PM
 
22,661 posts, read 24,594,911 times
Reputation: 20339
Do not fight Fedgov, just accept the reality.

Fedgov can and probably will send the stock and housing markets up and up for a very long time to come.
 
Old 05-16-2021, 04:27 PM
 
2,747 posts, read 1,781,904 times
Reputation: 4438
Quote:
Originally Posted by C2BP View Post
Real estate prices are going up because of money printing and destruction or devaluation of our NATIONAL CURRENCY. Same thing with the Stock Market. That is all the FED is doing.....ongoing destruction of our NATIONAL CURRENCY.

If you raise interest rates and you strengthen our national currency real estate prices would collapse overnight. The FED hasn’t fixed anything in America since 2008 and is continuously digging our hole dipper and dipper.

The whole world is laughing at us. We are officially United States of Zimbabwe. Bankrupt Nation using monetary shenanigans to stay afloat.
I understood your babble the first of your 10,000 times saying it. My point is you're ridiculing another part of the country because their real estate is so much cheaper than SoCal, when your whole diatribe is about how expensive real estate is.

All CAPS does not make your point valid or relevant. Using them just shows you're desperate for attention.

Last edited by SuiteLiving; 05-16-2021 at 04:54 PM..
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