| Msg ID: 2748827 |
Who had the worst deficits and who fixed it +5/-0
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| Author:bladeslap
11/4/2022 8:30:30 PM |
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| Msg ID: 2748828 |
Creepy Joe added 4 TRILLION! (useful idiot! ) (NT) +1/-4
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| Author:Shooting Shark
11/4/2022 8:43:03 PM Reply to: 2748827 |
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| Msg ID: 2748841 |
Educate yourself +4/-2
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| Author:bladeslap
11/5/2022 9:31:21 AM Reply to: 2748828 |
Deficit and debt. Educate yourself then we'll talk |
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| Msg ID: 2748919 |
Educate yourself +3/-1
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| Author:Shooting Shark
11/6/2022 5:29:06 PM Reply to: 2748841 |
You have to be kidding, Buddha. deficits add up to debt. and a "guiet tax" called "inflation" Creepy Joe screwed the poor and the middle class with his Covid scam spending spree. ( Caused massive inflation) and let's not forget HE Wanted More!! He shut off oil too. Ridiculous!!! Thats why cave dwelling will be the new normal for Democrats November 8th useful idiot! |
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| Msg ID: 2748904 |
Did you pay cash for your house, car? Do you leveraage your investments? (NT) +2/-0
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| Author:TheCrow
11/6/2022 12:15:08 PM Reply to: 2748828 |
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| Msg ID: 2748908 |
Yes, I pay cash +1/-2
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| Author:Old Guy
11/6/2022 1:53:49 PM Reply to: 2748904 |
Houses and cars are not considered real investments. Cars lose their value, houses normally do increase in value, but you don't gain because all homes will gain in a corresponding relationship. because all homes go go up, so you cannot keep replacing and get ahead, not considered a income producing investment. But then you are a useful idiot and do not understand the market place.
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| Msg ID: 2748945 |
OOOOH- 2007 calling with some really bad, recessionary news: +3/-0
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| Author:TheCrow
11/6/2022 11:06:16 PM Reply to: 2748908 |
OOOOH- 2007 calling with some really really bad, recessionary news:: " ...because all homes go go up...' Houses are not exempt from market forces. When the correction to irrationally high house prices occurs, a lot of mortgages default as people abandon over-priced houses, REITs lose their value.... lots aof bad things happen because the rule you propose is fallacious. Even in 'hot home markets' some spec houses are losers in overbuilt developments, or built to a style that passed... Or infrastructure changes- I has a house with a school 4 lots down, a major traffic artery 0.6 mile of walk-able streets away grocery stores, etc. Eleven years later they built a divided highway through all that and the house was in a cul de sac with 12 others. The sub-prime mortgage crisis collapsed that market affecting all house prices, not just those buying and flipping.
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| Msg ID: 2748950 |
OOOOH- 2007 calling with some really bad, recessionary news: +1/-2
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| Author:Old Guy
11/7/2022 12:00:18 AM Reply to: 2748945 |
No body said houses are exempt from market forces. I said prices normally go up! I have not proposed any kind of rule. But if I was to, I would say that your post about highly leveraging your personal home is a horrible idea. The Subprime loan crisis proved that. I would and have leveraged income producing property that show a good capitalization rate and/or tax benefits. Today the housing market is in a crisis, because of inflation and as verable interest home loans start to push home payments up, we could have one more housing crisis. All because of Biden. Prices are not going up and in some areas declining. Most home building has come to a stop.
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