Housing is a free market here in the good ole US of A. The individual private citizens that own property aren't going to accept a cheaper price for their property just because consumer goods are cheaper?
The price of bacon and oil could go to zero. I'm still not giving away any of my houses.
You're a fvcking clueless kid. Quit pretending to understand how things work.
You stupid stupid stupid little man....
When supply goes down while demand goes up the price goes up.
The Chinese aren't buying your house you moron they are buying houses that are for sale and reducing the number of houses on the market.
You don't even understand freshman economics and you calling other people stupid. JESUS CHRIST you lefties are pathetic.
So how does Trump's cheap bacon plan solve that problem?
News flash idiot. People that own property are free to sell to anyone they want. That's the free market at work. I don't give a sh*t who's buying it.
Trump's nonsense word salad doesn't solve anything.
Please leave it to the adults. Your answers here out you a child that thinks he understands everything, but lacks an understanding of anything.
You're so far off that, I may as well be talking to a house plant.
I'm not misleading anyone I'm just not regurgitating your cult nonsense back at you so a person like yourself who lives and breathes in confirmation bias is bristling.
The case will be thrown out on appeal because the judge was corrupt and incompetent.
Cope and seethe.
You posted the following regarding the Trump Hooker Porn trial:
"The jury was incorrectly instructed that Cohen being guilty of a crime meant Trump was guilty of the same crime. This is wrong and the corrupt judge knew it was wrong when he tainted the jury."
That was Post #3835 on page 192 of this thread.
It was a falsehood and a lie. You knew it was a lie when you posted it.
But there is something missing in you. You have no native inhibitions that prevent you from lying and making a jackass out of yourself. Normal people have those, but you don't. You just lie even knowing you will be exposed as a liar. It's really fvcking weird. I think like less than 1% of the population has the DSM classified defect that you have.
Housing is a free market here in the good ole US of A. The individual private citizens that own property aren't going to accept a cheaper price for their property just because consumer goods are cheaper?
The price of bacon and oil could go to zero. I'm still not giving away any of my houses.
You're a fvcking clueless kid. Quit pretending to understand how things work.
You stupid stupid stupid little man....
When supply goes down while demand goes up the price goes up.
The Chinese aren't buying your house you moron they are buying houses that are for sale and reducing the number of houses on the market.
You don't even understand freshman economics and you calling other people stupid. JESUS CHRIST you lefties are pathetic.
This right here gives you away. No adult uses the term freshmen economics. You know who does - kids in school.
Your a snot nosed 20 something that pretends to be an adult on a running forum, to promote right wing politics of all things. Good lord, what a miserable existence.
Explain it genius - How does Bacon, China and Drilling for Oil solve the housing crises?
Are we gonna build houses out of all that cheap Bacon?
You're the biggest fool on the internet.
I explained the bacon and energy even if you aren't smart enough to understand.
China is buying sh*t loads of American real estate. I'd explain how that impacts hone prices but it would be pointless as you wouldn't understand.
Your reputation will never recover here on LRC. Your fellow MAG@s have seen you for what you are. They will never trust anything you say ever again.
But you can try to atone with your personal savior, whoever that might be. There is usually some kind of last-ditch path to salvation, even for a humiliated lying wretch like yourself.
Q: How are you planning to vote on Florida's abortion referendum? TRUMP: Uh, I'm going to announce that. I'm gonna actually have a press conference on that at some point in the near future, so I don't want to tell you now.
We'll get that the same time as his tax returns he promised in 2016 and his Obama care replacement plan, which of course is never.
When supply goes down while demand goes up the price goes up.
The Chinese aren't buying your house you moron they are buying houses that are for sale and reducing the number of houses on the market.
You don't even understand freshman economics and you calling other people stupid. JESUS CHRIST you lefties are pathetic.
This right here gives you away. No adult uses the term freshmen economics. You know who does - kids in school.
Your a snot nosed 20 something that pretends to be an adult on a running forum, to promote right wing politics of all things. Good lord, what a miserable existence.
Anyone's who's been to college knows what that phrase means... Freshman economics or economics 101 is basic entry level economics.
You don't have even the remotest understanding if basic economics.
Your single mother has absolutely failed you and your sperm donor clearly left her before her heels hit the mattress for a good reason.
So how does Trump's cheap bacon plan solve that problem?
News flash idiot. People that own property are free to sell to anyone they want. That's the free market at work. I don't give a sh*t who's buying it.
Trump's nonsense word salad doesn't solve anything.
Please leave it to the adults. Your answers here out you a child that thinks he understands everything, but lacks an understanding of anything.
You're so far off that, I may as well be talking to a house plant.
You're actually getting dumber by the minute
Lol.
Good luck affording the new house if you sell today. And enjoy that 6% interest rate on your new mortgage.
Ask your mom how much her property taxes have gone up in the last 3 years.
Even if you don't sell you still get punished by inflated real estate values via property taxes.
Again Kid, showing that you don't how understand anything works. If I sell today I can buy one or two with cash. See those "inflated values" are real money to the people that own the property. That's how it works.
By the way that dreaded 6% interest rate is still historically low. If you put 20% down and get 5x leverage and house prices rise by a conservative 2-3% you're still way ahead. If they rise by the more resent 8-10% you're even further ahead.
You'd understand that if you weren't some dumb kid pretending to be an adult.
This right here gives you away. No adult uses the term freshmen economics. You know who does - kids in school.
Your a snot nosed 20 something that pretends to be an adult on a running forum, to promote right wing politics of all things. Good lord, what a miserable existence.
Anyone's who's been to college knows what that phrase means... Freshman economics or economics 101 is basic entry level economics.
You don't have even the remotest understanding if basic economics.
Your single mother has absolutely failed you and your sperm donor clearly left her before her heels hit the mattress for a good reason.
Anyone that's grown up past college doesn't speak in terms of college courses. It's not present in their minds, they've moved on.
Just like anyone that's grown past childhood, stops using the your mom insult.
Good luck affording the new house if you sell today. And enjoy that 6% interest rate on your new mortgage.
Ask your mom how much her property taxes have gone up in the last 3 years.
Even if you don't sell you still get punished by inflated real estate values via property taxes.
Again Kid, showing that you don't how understand anything works. If I sell today I can buy one or two with cash. See those "inflated values" are real money to the people that own the property. That's how it works.
By the way that dreaded 6% interest rate is still historically low. If you put 20% down and get 5x leverage and house prices rise by a conservative 2-3% you're still way ahead. If they rise by the more resent 8-10% you're even further ahead.
You'd understand that if you weren't some dumb kid pretending to be an adult.
Your stupid is showing yet again.
Most people don't sell their house and by one half the size. They get an equivalent house in a new area or they upgrade. Anyone trying to do this in this market is getting screwed right now.
If you're old and ready to downgrade you could sell and pay cash for a much smaller house sure.
6% is high compared to most years this century. The current average rate is 6.78% according to the Fed which is higher than every year other than 2000,2001,2002, and 2023.
My mortgage is 2.25%.
The average in January 2020 was 3.72%.
Real estate is a hedge against inflation. House prices are up because inflation is up.
National polls are struggling to grapple with the revived Democratic presidential ticket, but two that have been updating regularly show an advantage for Donald Trump over Kamala Harris.
Tim Walz: -Stocks the boys bathroom with tampons -Invites male cross dressers to dance at the state capitol -Believes in “transitioning” children -Was the faculty advisor for the gay club at his school in the 90s -Greets his wife with a hand shake - Loved and adored by trans activists Someone do the math on this one and let me know what you come up with
Again Kid, showing that you don't how understand anything works. If I sell today I can buy one or two with cash. See those "inflated values" are real money to the people that own the property. That's how it works.
By the way that dreaded 6% interest rate is still historically low. If you put 20% down and get 5x leverage and house prices rise by a conservative 2-3% you're still way ahead. If they rise by the more resent 8-10% you're even further ahead.
You'd understand that if you weren't some dumb kid pretending to be an adult.
Your stupid is showing yet again.
Most people don't sell their house and by one half the size. They get an equivalent house in a new area or they upgrade. Anyone trying to do this in this market is getting screwed right now.
If you're old and ready to downgrade you could sell and pay cash for a much smaller house sure.
6% is high compared to most years this century. The current average rate is 6.78% according to the Fed which is higher than every year other than 2000,2001,2002, and 2023.
My mortgage is 2.25%.
The average in January 2020 was 3.72%.
Real estate is a hedge against inflation. House prices are up because inflation is up.
Low mortgage rates are an indication of a weak economy not a strong one.
Mortgage rates track off bond yields, so mortgage rates typically go up when the economy is good, since investors are putting their money in the stock market. When the economy slows investors move money out of the stock market and into the bond market, which causes bond prices to rise and their yields to decrease.
That is why rates were high past couple years, because the economy was very strong and the stock market was performing well. You will notice that mortgage rates fell this week. That is because of the stock market sell off last week.
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