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Old 02-23-2019, 10:20 AM
 
Location: Cape Cod
20,424 posts, read 13,402,241 times
Reputation: 31368

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Quote:
Originally Posted by Dave120 View Post
Recessions are part of the economic cycle, regardless of who is president. Same goes with real estate - real estate prices have already started declining in "hot" markets like New York City and Vancouver.



That is so true. The economy inflates and deflates and is a natural cycle like breathing.

We are still enjoying a positive economy and if you want to bring politics into it I would say Obama got us rolling and despite what the Dems told us would happen (Trump trashing the economy and nuking the world) Trump is keeping it moving forward. MAGA right?



I would recommend OP to enjoy it now but don't over extend yourself especially with real estate because all it will take is for the stock market to start playing games and the banks extending loans to buyers that can't afford it.

The problem comes when prices get too high and there is still demand and the banks lower their standards to sign more people up.



Real estate will always be a good bet as long as their is demand for it. It is like politics and picking a winner is like rolling the dice.
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Old 02-23-2019, 10:51 AM
 
Location: Spring Hope, NC
1,553 posts, read 2,317,830 times
Reputation: 2670
Thankfully I moved out of a Greater Boston suburb back in 2015; now retired in a milder climate, with very little if any traffic. The road conditions and E-way traffic was always a nightmare.

All the best to future investers.
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Old 02-23-2019, 05:31 PM
 
6,062 posts, read 6,894,269 times
Reputation: 14715
I have a serious question:
Were your parents alcoholics, cousins, or both?


That would explain a lot.
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Old 02-23-2019, 06:27 PM
 
622 posts, read 479,739 times
Reputation: 240
Quote:
Originally Posted by G-fused View Post
I have a serious question:
Were your parents alcoholics, cousins, or both?


That would explain a lot.
It explains how immature and idiotic most reddit posters are. In their simple minds they think trump = bad and then bash the post with childish crap like that.
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Old 02-24-2019, 12:01 AM
 
579 posts, read 465,338 times
Reputation: 2111
Really funny.

How kind of the Trump supporter to come into the Boston thread and help out all these lefties and socialists.

Thanks soooo much. What ever would we do without you to keep us informed.
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Old 02-24-2019, 12:02 PM
 
Location: North Quabbin, MA
1,006 posts, read 1,356,158 times
Reputation: 2604
Quote:
Originally Posted by panchilly View Post
It explains how immature and idiotic most reddit posters are. In their simple minds they think trump = bad and then bash the post with childish crap like that.
Trump is a pathological liar and a hack. I won’t deny that some of his deregulating policies have juiced the economy by enabling a sweet little transparent smash-n-grab for the corporate elite, but the right can do a lot better than him to prove to the world that the USA is still a role model for anything at all besides bottom barrel capitalism that buys its classless “winners” a diet of well done steaks with ketchup on the side and gold plated toilet seats while the everyday “peasants” who can’t afford health care and don’t want a lifetime of debt go untreated and die of treatable diseases. And in line with the theme of most of your posts, yes, things are going VERY well right now for finance and tech bros and engineers. Basically, I see where free market capitalists like some of his policies and get why he was elected because running Hillary was such a mistake by the Dems. But in every other aspect of leading a country and respecting its institutions and ethical values and not transparently lying on TV and social media every single day, and not tacitly encouraging gun nuts to kill journalists, the current GOP needs to take a long look in the mirror and get itself some standards.

Last edited by FCMA; 02-24-2019 at 12:30 PM..
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Old 02-24-2019, 12:22 PM
 
Location: New England
2,190 posts, read 1,935,482 times
Reputation: 1967
Quote:
Originally Posted by panchilly View Post
It explains how immature and idiotic most reddit posters are. In their simple minds they think trump = bad and then bash the post with childish crap like that.
Your original post seems immature. You understand that the president has very little control over the economy right? He doesn't even make the laws, he only signs them.

I myself question weather running a deficit when the economy is doing well is wise. It seems like short term gain for long term pain.
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Old 02-24-2019, 02:55 PM
 
622 posts, read 479,739 times
Reputation: 240
Quote:
Originally Posted by tysmith95 View Post
Your original post seems immature. You understand that the president has very little control over the economy right? He doesn't even make the laws, he only signs them.

I myself question weather running a deficit when the economy is doing well is wise. It seems like short term gain for long term pain.
What are you even talking about? Of course the president has a significant influence on the economy. You are dead wrong. He signed the tax cut act. Hillary would not have signed that tax cut. Hillary would not have exited the Paris climate accord. Trump is having a large impact on the economy through his support of deregulation, tax cutting, and other pro-capitalist free market policies.
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Old 02-24-2019, 06:42 PM
 
1,276 posts, read 1,194,954 times
Reputation: 1191
Quote:
Originally Posted by panchilly View Post
What are you even talking about? Of course the president has a significant influence on the economy. You are dead wrong. He signed the tax cut act. Hillary would not have signed that tax cut. Hillary would not have exited the Paris climate accord. Trump is having a large impact on the economy through his support of deregulation, tax cutting, and other pro-capitalist free market policies.
Figures you would be a Trump guy. A guy who says he believes Putin over our own intelligence. A guy who says there were "some good people" among white nationalists. A guy who has had 4 team members get caught lying about Russia. That's literally just the tip of the iceberg.

ANd I agree, presidents have little impact on the economy, much has been written about it do some reading.
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Old 02-25-2019, 05:40 AM
 
Location: North of Boston
549 posts, read 669,105 times
Reputation: 614
Quote:
Originally Posted by tysmith95 View Post
Your original post seems immature. You understand that the president has very little control over the economy right? He doesn't even make the laws, he only signs them.

I myself question weather running a deficit when the economy is doing well is wise. It seems like short term gain for long term pain.
not immature. maybe ill informed (based on your set of facts [which is do or don't agree with. its immaterial]). but immature is the wrong word.
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