312,000 Jobs Added In December, Manufacturing Growing 714% Faster Under Trump Than Obama - Forbes
Get out now.. before it crashes
stocks?
- Thread starter Fling
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312,000 Jobs Added In December, Manufacturing Growing 714% Faster Under Trump Than Obama - Forbes
Get out now.. before it crashes
Philly land prices plummet, as weakening housing market tightens purse strings
Philly region’s housing market in 2019: The slowdown will continue, experts say
how that working out for you?
buying at the top of a real estate market making lots of people rich i hear
but you also don't grasp bubbles
no problem buddy
https://www.zillow.com/homes/for_sale/40.495982,-79.77439,40.405326,-79.928198_rect/12_zm/1_fr/
homes near this area also aren't doing so well
you notice all them blue dots on this map?
I do
and those are called forclosures
as the number of them grow (which they are and will)
the price of your home goes down
the price of real estate in your area goes down
and that is what most of us learned in that thing called the '08 housing bubble
but while i think of you......i have to think for you
because apparently you didn't learn anything
and that is ok......because you are unique
you are special
none of this involves you this time
just others.......
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here is a good example from that area that is of more concern to you
this is called an economic slowdown
a downturn
but good job with your investments
hopefully that was code for you sold your stocks and paid off your own mortgage with them
in which case that wouldn't be a bad idea
might be your best option imo
I wouldn't laugh at you for that at all
but doubling down like you are some kind of investment guru like Kushner (who sucks) will cause me to
cause that is just silly
1/4/2019 Price change $385,000 -1% $78 RE/MAX SELECT REALTY
11/15/2018 Price change $389,000 -2.5% $79 Coldwell Banker Real Estate Services - Squirrel Hill
11/5/2018 Price change $399,000 -3.9% $81 Coldwell Banker Real Estate Services - Squirrel Hill
9/4/2018 Price change $415,000 -2.4% $84 Coldwell Banker Real Estate Services - Squirrel Hill
you didn't spot the issue here......
7/30/2018 Price change $425,000 -3.2% $86 Coldwell Banker Real Estate Services - Squirrel Hill
6/22/2018 Price change $439,000 -2.2% $89 Coldwell Banker Real Estate Services - Squirrel Hill
6/15/2018 Price change $449,000 -2.2% $91 Coldwell Banker Real Estate Services - Squirrel Hill
5/6/2018 Listed for sale $459,000 +5.5% $93 COLDWELL BANKER REAL ESTATE
this is called an economic slowdown
a downturn
but good job with your investments
hopefully that was code for you sold your stocks and paid off your own mortgage with them
in which case that wouldn't be a bad idea
might be your best option imo
I wouldn't laugh at you for that at all
but doubling down like you are some kind of investment guru like Kushner (who sucks) will cause me to
cause that is just silly
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Thanks for the tutorial Tele. I can assure you the 2 rentals I scooped up are occupied on year leases, and the flip that's about half done is coming along just fine.
Again, thanks for looking out.
that doesn't sound bad
rentals far better than housing flips atm
i don't see rent going down anytime soon and it will still outperform stocks imo
you know I always enjoy elaboration
been watching that "first time flippers" show and wow is that painful
you don't sound like you are doing that so gfg
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It'll be our 3rd flip.
Bought it for $121,500. Looking at a 7 month holding cost of ~$9k. Reno budget is $35k + realtor and closing costs of ~$20k.
Comps are in the $240ish range.
What is everyone's thoughts on 'legalization stocks'. It sounds like it could be a good buy, then again it also sounds like it could all fold up in an instant and evaporate
Funny you say that. The only stocks I hung on to after dumping everything in August are pot stocks.
Funny you say that. The only stocks I hung on to after dumping everything in August are pot stocks.
are they doing anything for you?
I'm in Cronos Group and Marimed fairly heavy.
Neither are going gangbusters, but they look like the safest commodity in a market this volatile.
when has anyone ever bought land and held it for more than 5 years and lost money? Land is one of the few things that seems to always make money.
as we add more people to the planet, it becomes a much more scarce resource
leads to a rise in value
/shrug
Land is not a scarce resource. It has absolutely nothing to do with the amount of land available, and everything to do with the desirability of said land's location.
95% of humans occupy less than 10% of Earth's land.
Land is not a scarce resource. It has absolutely nothing to do with the amount of land available, and everything to do with the desirability of said land's location.
95% of humans occupy less than 10% of Earth's land.
proof you really are a
hint: imagine our population reached 50 billion, now put into context of what I said and... how desirable does it become then?
proof you really are a
hint: imagine our population reached 50 billion, now put into context of what I said and... how desirable does it become then?
jfc
so long as someone is blowing that bubble it always seems to increase
not the case everywhere it seems
not even always the case here......very cyclical as we can see despite some major interest rate and sub prime loaning schemes
same thing that makes college student loans so profitable (when they shouldn't be)
and the thing that really makes land useless is property tax issues imo
Greek Taxes Are So High That People Are Turning down Inheritances - Foundation for Economic Education
something to keep in mind for IL, CA, NY, NJ, and a few other states right now
they will be following them right down that insolvent debt rabbit hole imo
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