Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.
Oh the humanity!
Comments
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Why's that?HHusky said:
10.25% was an issue when I bought my first home too.thechatch said:
You’re such a dishonest little shit. Look at the median cost of a home.HHusky said:
Mortgage rates can go all the way to 7?!?!Bob_C said:
Only worth like $1000/month to the buyer on a $400k mortgage. No biggie.HHusky said:
Oh no!Fire_Marshall_Bill said:Mortgage rates are over 7. Not that long ago they were 3.5 or something. Winning!
Over 7%!!!
unprecedented
if you're under 30
I realize you don’t give a fuck because at 65 or whatever you’re across the finish line on your home loan, but this is a huge problem for people in their 20s and 30s wanting to own their own house.
But keep up with the snark and glib replies that always fall flat. Even the dummies on this board see right through your bullshit.
You seem to ignore the fact that sellers are also impacted by rising rates.
But rates at 3 - 4% was always going to be the aberration. -
At some point the serfs are going to wake up and realize they would rather be able to own property vs get a free abortion. They rightfully should come for your social security also.HHusky said:
10.25% was an issue when I bought my first home too.thechatch said:
You’re such a dishonest little shit. Look at the median cost of a home.HHusky said:
Mortgage rates can go all the way to 7?!?!Bob_C said:
Only worth like $1000/month to the buyer on a $400k mortgage. No biggie.HHusky said:
Oh no!Fire_Marshall_Bill said:Mortgage rates are over 7. Not that long ago they were 3.5 or something. Winning!
Over 7%!!!
unprecedented
if you're under 30
I realize you don’t give a fuck because at 65 or whatever you’re across the finish line on your home loan, but this is a huge problem for people in their 20s and 30s wanting to own their own house.
But keep up with the snark and glib replies that always fall flat. Even the dummies on this board see right through your bullshit.
You seem to ignore the fact that sellers are also impacted by rising rates.
But rates at 3 - 4% was always going to be the aberration. -
you're strugglingHHusky said:
whooshhardhat said:
Lol shit dick, it's directly from themHHusky said:
This doesn't support your girlfriend's claim, Milly.hardhat said:Lol
Again: From the party that called the Trump economy the worst since the depression before covid
https://democrats.org/news/donald-trump-has-the-worst-economic-record-in-modern-u-s-history/
reading is FUN-da-mental
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Great, and what was the cost of that home? It doesn't work when home prices are incredibly inflated and rates are skyrocketingHHusky said:
10.25% was an issue when I bought my first home too.thechatch said:
You’re such a dishonest little shit. Look at the median cost of a home.HHusky said:
Mortgage rates can go all the way to 7?!?!Bob_C said:
Only worth like $1000/month to the buyer on a $400k mortgage. No biggie.HHusky said:
Oh no!Fire_Marshall_Bill said:Mortgage rates are over 7. Not that long ago they were 3.5 or something. Winning!
Over 7%!!!
unprecedented
if you're under 30
I realize you don’t give a fuck because at 65 or whatever you’re across the finish line on your home loan, but this is a huge problem for people in their 20s and 30s wanting to own their own house.
But keep up with the snark and glib replies that always fall flat. Even the dummies on this board see right through your bullshit.
You seem to ignore the fact that sellers are also impacted by rising rates.
But rates at 3 - 4% was always going to be the aberration.
If you think the macroeconomic climate is remotely comparable to whenever you were young, you're as addled as Biden -
Black Rock is able to buy houses at these rates and prices.Sources said:
Great, and what was the cost of that home? It doesn't work when home prices are incredibly inflated and rates are skyrocketingHHusky said:
10.25% was an issue when I bought my first home too.thechatch said:
You’re such a dishonest little shit. Look at the median cost of a home.HHusky said:
Mortgage rates can go all the way to 7?!?!Bob_C said:
Only worth like $1000/month to the buyer on a $400k mortgage. No biggie.HHusky said:
Oh no!Fire_Marshall_Bill said:Mortgage rates are over 7. Not that long ago they were 3.5 or something. Winning!
Over 7%!!!
unprecedented
if you're under 30
I realize you don’t give a fuck because at 65 or whatever you’re across the finish line on your home loan, but this is a huge problem for people in their 20s and 30s wanting to own their own house.
But keep up with the snark and glib replies that always fall flat. Even the dummies on this board see right through your bullshit.
You seem to ignore the fact that sellers are also impacted by rising rates.
But rates at 3 - 4% was always going to be the aberration.
If you think the macroeconomic climate is remotely comparable to whenever you were young, you're as addled as Biden
Doubtful the Big Guy is getting his standard 10% off the top for cornering the housing market.
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In fact, those two conditions cannot co-exist for very long.Sources said:
Great, and what was the cost of that home? It doesn't work when home prices are incredibly inflated and rates are skyrocketingHHusky said:
10.25% was an issue when I bought my first home too.thechatch said:
You’re such a dishonest little shit. Look at the median cost of a home.HHusky said:
Mortgage rates can go all the way to 7?!?!Bob_C said:
Only worth like $1000/month to the buyer on a $400k mortgage. No biggie.HHusky said:
Oh no!Fire_Marshall_Bill said:Mortgage rates are over 7. Not that long ago they were 3.5 or something. Winning!
Over 7%!!!
unprecedented
if you're under 30
I realize you don’t give a fuck because at 65 or whatever you’re across the finish line on your home loan, but this is a huge problem for people in their 20s and 30s wanting to own their own house.
But keep up with the snark and glib replies that always fall flat. Even the dummies on this board see right through your bullshit.
You seem to ignore the fact that sellers are also impacted by rising rates.
But rates at 3 - 4% was always going to be the aberration.
If you think the macroeconomic climate is remotely comparable to whenever you were young, you're as addled as Biden
I bought into the year 1990's "incredibly inflated" home values and paid 10.25% for the loan. The price then seemed just as absurd then as prices do now and within the year there was a "correction". And interest rates came all the way down to 6 - 7% too by 1993.
Nothing new under the sun. -
Just because it has precedent doesn't mean it's nothing to worry about. In addition, you're ignoring several distinctions:HHusky said:
In fact, those two conditions cannot co-exist for very long.Sources said:
Great, and what was the cost of that home? It doesn't work when home prices are incredibly inflated and rates are skyrocketingHHusky said:
10.25% was an issue when I bought my first home too.thechatch said:
You’re such a dishonest little shit. Look at the median cost of a home.HHusky said:
Mortgage rates can go all the way to 7?!?!Bob_C said:
Only worth like $1000/month to the buyer on a $400k mortgage. No biggie.HHusky said:
Oh no!Fire_Marshall_Bill said:Mortgage rates are over 7. Not that long ago they were 3.5 or something. Winning!
Over 7%!!!
unprecedented
if you're under 30
I realize you don’t give a fuck because at 65 or whatever you’re across the finish line on your home loan, but this is a huge problem for people in their 20s and 30s wanting to own their own house.
But keep up with the snark and glib replies that always fall flat. Even the dummies on this board see right through your bullshit.
You seem to ignore the fact that sellers are also impacted by rising rates.
But rates at 3 - 4% was always going to be the aberration.
If you think the macroeconomic climate is remotely comparable to whenever you were young, you're as addled as Biden
I bought into the year 1990's "incredibly inflated" home values and paid 10.25% for the loan. The price then seemed just as absurd then as prices do now and within the year there was a "correction". And interest rates came all the way down to 6 - 7% too by 1993.
Nothing new under the sun.
(1) influx of institutional money into residential real estate (e.g., BlackRock as someone mentioned above, Vanguard, RedFin, Zillow, etc.)
(2) influx of foreign interests (Chinese in particular)
(3) wages have not risen as a commensurate level to housing prices and it's not close -
In a working free market, you are correct.HHusky said:
In fact, those two conditions cannot co-exist for very long.Sources said:
Great, and what was the cost of that home? It doesn't work when home prices are incredibly inflated and rates are skyrocketingHHusky said:
10.25% was an issue when I bought my first home too.thechatch said:
You’re such a dishonest little shit. Look at the median cost of a home.HHusky said:
Mortgage rates can go all the way to 7?!?!Bob_C said:
Only worth like $1000/month to the buyer on a $400k mortgage. No biggie.HHusky said:
Oh no!Fire_Marshall_Bill said:Mortgage rates are over 7. Not that long ago they were 3.5 or something. Winning!
Over 7%!!!
unprecedented
if you're under 30
I realize you don’t give a fuck because at 65 or whatever you’re across the finish line on your home loan, but this is a huge problem for people in their 20s and 30s wanting to own their own house.
But keep up with the snark and glib replies that always fall flat. Even the dummies on this board see right through your bullshit.
You seem to ignore the fact that sellers are also impacted by rising rates.
But rates at 3 - 4% was always going to be the aberration.
If you think the macroeconomic climate is remotely comparable to whenever you were young, you're as addled as Biden
I bought into the year 1990's "incredibly inflated" home values and paid 10.25% for the loan. The price then seemed just as absurd then as prices do now and within the year there was a "correction". And interest rates came all the way down to 6 - 7% too by 1993.
Nothing new under the sun. -
You bought that home for less than $50k. You also were much younger than the avg 1st time buyer today at 36. Things are multiples worse for them today because of people like you.HHusky said:
10.25% was an issue when I bought my first home too.thechatch said:
You’re such a dishonest little shit. Look at the median cost of a home.HHusky said:
Mortgage rates can go all the way to 7?!?!Bob_C said:
Only worth like $1000/month to the buyer on a $400k mortgage. No biggie.HHusky said:
Oh no!Fire_Marshall_Bill said:Mortgage rates are over 7. Not that long ago they were 3.5 or something. Winning!
Over 7%!!!
unprecedented
if you're under 30
I realize you don’t give a fuck because at 65 or whatever you’re across the finish line on your home loan, but this is a huge problem for people in their 20s and 30s wanting to own their own house.
But keep up with the snark and glib replies that always fall flat. Even the dummies on this board see right through your bullshit.
You seem to ignore the fact that sellers are also impacted by rising rates.
But rates at 3 - 4% was always going to be the aberration. -
You bought your first home in your 40's? Fuck you must have been really poor.HHusky said:
In fact, those two conditions cannot co-exist for very long.Sources said:
Great, and what was the cost of that home? It doesn't work when home prices are incredibly inflated and rates are skyrocketingHHusky said:
10.25% was an issue when I bought my first home too.thechatch said:
You’re such a dishonest little shit. Look at the median cost of a home.HHusky said:
Mortgage rates can go all the way to 7?!?!Bob_C said:
Only worth like $1000/month to the buyer on a $400k mortgage. No biggie.HHusky said:
Oh no!Fire_Marshall_Bill said:Mortgage rates are over 7. Not that long ago they were 3.5 or something. Winning!
Over 7%!!!
unprecedented
if you're under 30
I realize you don’t give a fuck because at 65 or whatever you’re across the finish line on your home loan, but this is a huge problem for people in their 20s and 30s wanting to own their own house.
But keep up with the snark and glib replies that always fall flat. Even the dummies on this board see right through your bullshit.
You seem to ignore the fact that sellers are also impacted by rising rates.
But rates at 3 - 4% was always going to be the aberration.
If you think the macroeconomic climate is remotely comparable to whenever you were young, you're as addled as Biden
I bought into the year 1990's "incredibly inflated" home values and paid 10.25% for the loan. The price then seemed just as absurd then as prices do now and within the year there was a "correction". And interest rates came all the way down to 6 - 7% too by 1993.
Nothing new under the sun.
