President Joe Biden - Kamala Harris Administration

#41,951
#41,951
utvols88 said:
That's an issue as well. For my area, another issue is a lack of turnover. A house is sold to someone outside of the state but another doesn't go up because it was out of state. When you have most of the sales OOS AND paying 30k+ over asking, it becomes a bigger problem than just being undervalued. COL doesn't have a chance to improve while housing is unaffordable.
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There is a house a few houses from me that sold for way over market price 6 months or so ago. To this day, no one has moved into it. Whoever owns it has not tried to rent it, it just sits there, empty. I'm wondering if I can find some illegals and rent it out to them, as it appears to have power and water and the grass gets mowed.
 
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#41,952
#41,952
utvols88 said:
I can definitely speak for my region of NE FL, houses that were worth maybe 300k were going for 600k. That's gonna smack people in the face post crazy inflation and the layoffs that have started and will continue. The problem is that the rate is higher now so it's not like they can find a place that is cheaper without major sq ft change. I have some good capital ready for it too.
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I've been saying for years that we've been suppressing rates for way too long. Should have started increasing rates 7 or 8 years ago. 15 years ago 6% was a good rate.
 
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#41,953
#41,953
VolStrom said:
There is a house a few houses from me that sold for way over market price 6 months or so ago. To this day, no one has moved into it. Whoever owns it has not tried to rent it, it just sits there, empty. I'm wondering if I can find some illegals and rent it out to them, as it appears to have power and water and the grass gets mowed.
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Who owns it? That should be posted
 
#41,955
#41,955
BlackRock, Inc. is an American multi-national investment company based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with US$10 trillion in assets under management as of January 2022. Wikipedia

That is some crazy ****.
 
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#41,956
#41,956
Orangeburst said:
BlackRock, Inc. is an American multi-national investment company based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with US$10 trillion in assets under management as of January 2022. Wikipedia

That is some crazy ****.
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Black Rock is owned and operated by the Clinton’s!
 
#41,959
#41,959
VolStrom said:
There is a house a few houses from me that sold for way over market price 6 months or so ago. To this day, no one has moved into it. Whoever owns it has not tried to rent it, it just sits there, empty. I'm wondering if I can find some illegals and rent it out to them, as it appears to have power and water and the grass gets mowed.
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If the grass is getting mowed the illegals already know about it.




It's a joke, people. Lighten up.
 
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#41,964
#41,964
BreatheUT said:
US Will Add $19 Trillion in Debt Over Next Decade: CBO


US Will Add $19 Trillion in Debt Over Next Decade: CBO
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US Budget Deficit Projected To Be -$20 TRILLION Over Next 10 Years (Biden Ignores The Inflation Tax, Interest Costs On US Debt Forecast To TRIPLE Over Next 10 Years)


"President Biden loves to demonize his opponents like Republicans over spending and the Federal budget. Biden argued that his budget won’t increase taxes on Americans making less than $400,000 a year and will ultimately cut the deficit by $2 trillion over the next decade. The president has yet to release his budget plan but has promised to do so by March 9.

Of course, Biden ignores “the inflation tax” which is crippling American households (negative REAL hourly earnings growth for 22 straight months). And while he won’t raise taxes on Americans making less than $400,000 (he doesn’t have the authority), he loves to spend money like most of Congress. Without tax increases, The Federal Government will have to issue MORE debt and run budget deficits in perpetuity."


IT'S AN OUT OF CONTROL SPENDING PROBLEM, NOT A TAX PROBLEM
 
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#41,965
#41,965
jmacvols1 said:
US Budget Deficit Projected To Be -$20 TRILLION Over Next 10 Years (Biden Ignores The Inflation Tax, Interest Costs On US Debt Forecast To TRIPLE Over Next 10 Years)


"President Biden loves to demonize his opponents like Republicans over spending and the Federal budget. Biden argued that his budget won’t increase taxes on Americans making less than $400,000 a year and will ultimately cut the deficit by $2 trillion over the next decade. The president has yet to release his budget plan but has promised to do so by March 9.

Of course, Biden ignores “the inflation tax” which is crippling American households (negative REAL hourly earnings growth for 22 straight months). And while he won’t raise taxes on Americans making less than $400,000 (he doesn’t have the authority), he loves to spend money like most of Congress. Without tax increases, The Federal Government will have to issue MORE debt and run budget deficits in perpetuity."


IT'S AN OUT OF CONTROL SPENDING PROBLEM, NOT A TAX PROBLEM
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Triple interest is gonna be like $1.5T
yikes
 
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