Recruiting Forum Football Talk IV

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As other prices continue to rise...people will be more apt to sit on equity vs signing up for higher interest rates on more expensive homes. Cars are already high because supply is low. Fuel is..well..you know. Inflation is going in the wrong direction.

All signs point to the booming housing market flattening out...if all of the above swings back the other way relatively quickly that would change the outlook.

But I'm not sure that happens

People staying put means housing prices will continue rising if anything because it means incredibly low inventory and more competition for what does hit the market. Millennials want to buy homes. The oldest of Gen Z is nearly home buying age. With rent rising so quickly people would rather lock-in mortgage payments even if it means overextending themselves now.
 
I refinanced last month at 2.25 cut 10 years off my note. Awesome sauce.
Love it. Have refi’d 3x over the past 12 years. I think that was my rate when we did it again in 2020. It’s bonkers how much money is saved. So many people don’t want to put the effort into it, but it’s worth the hassle. It’s marginally more work than doing your taxes. Do it, folks!
 
People staying put means housing prices will continue rising if anything because it means incredibly low inventory and more competition for what does hit the market. Millennials want to buy homes. The oldest of Gen Z is nearly home buying age. With rent rising so quickly people would rather lock-in mortgage payments even if it means overextending themselves now.
The boomers are nearing their old age though. This has been a concern for quite a while now. When the boomers either go to nursing homes or pass on, there will be a lottt of sold homes and young folks that can hardly afford anything...may still be 5+ years out, but it is a cliff that will be reached over the next decade.
 
The boomers are nearing their old age though. This has been a concern for quite a while now. When the boomers either go to nursing homes or pass on, there will be a lottt of sold homes and young folks that can hardly afford anything...may still be 5+ years out, but it is a cliff that will be reached over the next decade.
As a boomer, I resemble that remark!
 
Gotta shoot the ball well from the perimeter again today. Vescovi was relatively quiet last night. I think he needs a big game today for us to win. I expect the officials to be extremely kind to the cats for obvious reasons.
Gotta be tough for a sharpshooter in a new environment he’s never played in to dial in.
 
Gotta shoot the ball well from the perimeter again today. Vescovi was relatively quiet last night. I think he needs a big game today for us to win. I expect the officials to be extremely kind to the cats for obvious reasons.
Need their big guy in foul trouble to have a chance. That is their biggest advantage.
 
Four star Tennessee kid from Knoxville has almost no interest in the Vols.

NCAA 2014 the most realistic game in gaming history.

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That reminds me.... You can get Madden 22 for free on Twitch Prime/Amazon Gaming right now. I know it's not the same and tbh, I haven't played a Madden game in eons but free for Prime members is a pretty great deal.
 
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Am I just cheap and poor or does $90,000 seem a little high for a Jeep?

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I agree, but people grew up with wranglers and then had family's and switched to Cherokees and Grand Cherokees. When they want an even bigger car they would have to switch to something like a Tahoe, well this is for the jeep loyal customers that want a competitor to the Tahoe.
 
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I agree, but people grew up with wranglers and then had family's and switched to Cherokees and Grand Cherokees. When they want an even bigger car they would have to switch to something like a Tahoe, well this is for the jeep loyal customers that want a competitor to the Tahoe.
You an buy 2 new Tahoes for about what jeep is asking for a base model
 
I would rather drive a car I can afford. I have no one I care to impress.
Depreciating assets are silly. I wrote hundreds of mortgages and auto and personal loans at my past job and autos were by far the average person's buggest personal financial mistake as far as I could tell. That and a crazy amount of takeout food 😅 You wouldn't believe some bank accounts transactions...just miles of mcdys, outback, grubhub, etc.
 
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