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My Thoughts on the Helicopter Money
Comments
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Huh?Pitchfork51 said:GreenRiverGatorz said:
I forget who to attribute this to, but someone here in the tug has always steadfastly stood by their mantra of "no strong economy was ever built on the shoulders of fags."Pitchfork51 said:
plus everyone in seattle is a fagGreenRiverGatorz said:
True. But that's a function of luck for most homeowners in the area. I'm sure there are some savvy buyers who were able to prognasticate that Seattle would have some of the highest growth in real estate in the world, and maybe you're one of them, but I'd wager that most just got lucky growing up and then buying in a metro area that eventually became an economic hub for the world.creepycoug said:
Very true.UW_Doog_Bot said:
Deficits matter but relatively.YellowSnow said:
Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.pawz said:
Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.YellowSnow said:
It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.SFGbob said:How many of those people who supposedly can't afford a $500 emergency have been on a vacation in the last 5 years that cost them $2,000 to 3,000? How many of them drive a car less than 3 years old? How many of them have smart phones and big screen TVs? How many of them eat out 3 to four times a week?
This panic if fucking up a lot of our short term life plans (seriously) but unless we get into Weimar Germany with the dollar we'll be fine.
We?re so fucked.
But still, fuck all you deficit lovers. They do matter.
A $500,000 mortgage in California isn't a $500,000 mortgage in North Dakota.
My house has been paid for for years now, but I've considered borrowing again to double down on Seattle real estate ... move to better house in an even better hood in Seattle. People say, "you don't want a mortgage payment when you're retired." My response: I have no plans to retire in said house. But it will increase in value in absolute dollars, if not by % increase, more than the one that's paid for. No investment I've made has performed better for me than my house in this area.
Then there's the unlucky homeowner who grew up in some second rate Midwest city who bought a house in adulthood when industry was still rolling there, and then proceeded to watch that investment plummet. I'm not saying Seattle is going to eventually crater like a Detroit, so don't twist. I guess my only rambling point is that nothing ever holds in real estate and who knows how we'll fare in the next macroeconomic "chapter" of life.
so theres that
Really makes you think.
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I wouldn't touch real estate with a ten foot pole right now unless you're a first time buyer. And even then, I'd wait a couple months to see if everything gets back on track. If it takes more than 3 months, then it will be bargain city by this time next year.creepycoug said:
Very true.UW_Doog_Bot said:
Deficits matter but relatively.YellowSnow said:
Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.pawz said:
Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.YellowSnow said:
It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.SFGbob said:How many of those people who supposedly can't afford a $500 emergency have been on a vacation in the last 5 years that cost them $2,000 to 3,000? How many of them drive a car less than 3 years old? How many of them have smart phones and big screen TVs? How many of them eat out 3 to four times a week?
This panic if fucking up a lot of our short term life plans (seriously) but unless we get into Weimar Germany with the dollar we'll be fine.
We?re so fucked.
But still, fuck all you deficit lovers. They do matter.
A $500,000 mortgage in California isn't a $500,000 mortgage in North Dakota.
My house has been paid for for years now, but I've considered borrowing again to double down on Seattle real estate ... move to better house in an even better hood in Seattle. People say, "you don't want a mortgage payment when you're retired." My response: I have no plans to retire in said house. But it will increase in value in absolute dollars, if not by % increase, more than the one that's paid for. No investment I've made has performed better for me than my house in this area. -
Location location location.GreenRiverGatorz said:
True. But that's a function of luck for most homeowners in the area. I'm sure there are some savvy buyers who were able to prognasticate that Seattle would have some of the highest growth in real estate in the world, and maybe you're one of them, but I'd wager that most just got lucky growing up and then buying in a metro area that eventually became an economic hub for the world.creepycoug said:
Very true.UW_Doog_Bot said:
Deficits matter but relatively.YellowSnow said:
Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.pawz said:
Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.YellowSnow said:
It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.SFGbob said:How many of those people who supposedly can't afford a $500 emergency have been on a vacation in the last 5 years that cost them $2,000 to 3,000? How many of them drive a car less than 3 years old? How many of them have smart phones and big screen TVs? How many of them eat out 3 to four times a week?
This panic if fucking up a lot of our short term life plans (seriously) but unless we get into Weimar Germany with the dollar we'll be fine.
We?re so fucked.
But still, fuck all you deficit lovers. They do matter.
A $500,000 mortgage in California isn't a $500,000 mortgage in North Dakota.
My house has been paid for for years now, but I've considered borrowing again to double down on Seattle real estate ... move to better house in an even better hood in Seattle. People say, "you don't want a mortgage payment when you're retired." My response: I have no plans to retire in said house. But it will increase in value in absolute dollars, if not by % increase, more than the one that's paid for. No investment I've made has performed better for me than my house in this area.
Then there's the unlucky homeowner who grew up in some second rate Midwest city who bought a house in adulthood when industry was still rolling there, and then proceeded to watch that investment plummet. I'm not saying Seattle is going to eventually crater like a Detroit, so don't twist. I guess my only rambling point is that nothing ever holds in real estate and who knows how we'll fare in the next macroeconomic "chapter" of life. -
If COVID-19 crashes the Seattle real estate market long term it will mean we've got bigger problems as a country.creepycoug said:
Location location location.GreenRiverGatorz said:
True. But that's a function of luck for most homeowners in the area. I'm sure there are some savvy buyers who were able to prognasticate that Seattle would have some of the highest growth in real estate in the world, and maybe you're one of them, but I'd wager that most just got lucky growing up and then buying in a metro area that eventually became an economic hub for the world.creepycoug said:
Very true.UW_Doog_Bot said:
Deficits matter but relatively.YellowSnow said:
Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.pawz said:
Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.YellowSnow said:
It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.SFGbob said:How many of those people who supposedly can't afford a $500 emergency have been on a vacation in the last 5 years that cost them $2,000 to 3,000? How many of them drive a car less than 3 years old? How many of them have smart phones and big screen TVs? How many of them eat out 3 to four times a week?
This panic if fucking up a lot of our short term life plans (seriously) but unless we get into Weimar Germany with the dollar we'll be fine.
We?re so fucked.
But still, fuck all you deficit lovers. They do matter.
A $500,000 mortgage in California isn't a $500,000 mortgage in North Dakota.
My house has been paid for for years now, but I've considered borrowing again to double down on Seattle real estate ... move to better house in an even better hood in Seattle. People say, "you don't want a mortgage payment when you're retired." My response: I have no plans to retire in said house. But it will increase in value in absolute dollars, if not by % increase, more than the one that's paid for. No investment I've made has performed better for me than my house in this area.
Then there's the unlucky homeowner who grew up in some second rate Midwest city who bought a house in adulthood when industry was still rolling there, and then proceeded to watch that investment plummet. I'm not saying Seattle is going to eventually crater like a Detroit, so don't twist. I guess my only rambling point is that nothing ever holds in real estate and who knows how we'll fare in the next macroeconomic "chapter" of life. -
I'll take Typhus over COVID-19 and give the points in crashing the Seattle real estate market.YellowSnow said:
If COVID-19 crashes the Seattle real estate market long term it will mean we've got bigger problems as a country.creepycoug said:
Location location location.GreenRiverGatorz said:
True. But that's a function of luck for most homeowners in the area. I'm sure there are some savvy buyers who were able to prognasticate that Seattle would have some of the highest growth in real estate in the world, and maybe you're one of them, but I'd wager that most just got lucky growing up and then buying in a metro area that eventually became an economic hub for the world.creepycoug said:
Very true.UW_Doog_Bot said:
Deficits matter but relatively.YellowSnow said:
Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.pawz said:
Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.YellowSnow said:
It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.SFGbob said:How many of those people who supposedly can't afford a $500 emergency have been on a vacation in the last 5 years that cost them $2,000 to 3,000? How many of them drive a car less than 3 years old? How many of them have smart phones and big screen TVs? How many of them eat out 3 to four times a week?
This panic if fucking up a lot of our short term life plans (seriously) but unless we get into Weimar Germany with the dollar we'll be fine.
We?re so fucked.
But still, fuck all you deficit lovers. They do matter.
A $500,000 mortgage in California isn't a $500,000 mortgage in North Dakota.
My house has been paid for for years now, but I've considered borrowing again to double down on Seattle real estate ... move to better house in an even better hood in Seattle. People say, "you don't want a mortgage payment when you're retired." My response: I have no plans to retire in said house. But it will increase in value in absolute dollars, if not by % increase, more than the one that's paid for. No investment I've made has performed better for me than my house in this area.
Then there's the unlucky homeowner who grew up in some second rate Midwest city who bought a house in adulthood when industry was still rolling there, and then proceeded to watch that investment plummet. I'm not saying Seattle is going to eventually crater like a Detroit, so don't twist. I guess my only rambling point is that nothing ever holds in real estate and who knows how we'll fare in the next macroeconomic "chapter" of life. -
And why have we not heard of any of the homeless camps getting ravaged by the COVID-19?PurpleThrobber said:
I'll take Typhus over COVID-19 and give the points in crashing the Seattle real estate market.YellowSnow said:
If COVID-19 crashes the Seattle real estate market long term it will mean we've got bigger problems as a country.creepycoug said:
Location location location.GreenRiverGatorz said:
True. But that's a function of luck for most homeowners in the area. I'm sure there are some savvy buyers who were able to prognasticate that Seattle would have some of the highest growth in real estate in the world, and maybe you're one of them, but I'd wager that most just got lucky growing up and then buying in a metro area that eventually became an economic hub for the world.creepycoug said:
Very true.UW_Doog_Bot said:
Deficits matter but relatively.YellowSnow said:
Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.pawz said:
Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.YellowSnow said:
It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.SFGbob said:How many of those people who supposedly can't afford a $500 emergency have been on a vacation in the last 5 years that cost them $2,000 to 3,000? How many of them drive a car less than 3 years old? How many of them have smart phones and big screen TVs? How many of them eat out 3 to four times a week?
This panic if fucking up a lot of our short term life plans (seriously) but unless we get into Weimar Germany with the dollar we'll be fine.
We?re so fucked.
But still, fuck all you deficit lovers. They do matter.
A $500,000 mortgage in California isn't a $500,000 mortgage in North Dakota.
My house has been paid for for years now, but I've considered borrowing again to double down on Seattle real estate ... move to better house in an even better hood in Seattle. People say, "you don't want a mortgage payment when you're retired." My response: I have no plans to retire in said house. But it will increase in value in absolute dollars, if not by % increase, more than the one that's paid for. No investment I've made has performed better for me than my house in this area.
Then there's the unlucky homeowner who grew up in some second rate Midwest city who bought a house in adulthood when industry was still rolling there, and then proceeded to watch that investment plummet. I'm not saying Seattle is going to eventually crater like a Detroit, so don't twist. I guess my only rambling point is that nothing ever holds in real estate and who knows how we'll fare in the next macroeconomic "chapter" of life.
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Because nobody, not even the Democrats, actually give a shit about the homeless.PurpleThrobber said:
And why have we not heard of any of the homeless camps getting ravaged by the COVID-19?PurpleThrobber said:
I'll take Typhus over COVID-19 and give the points in crashing the Seattle real estate market.YellowSnow said:
If COVID-19 crashes the Seattle real estate market long term it will mean we've got bigger problems as a country.creepycoug said:
Location location location.GreenRiverGatorz said:
True. But that's a function of luck for most homeowners in the area. I'm sure there are some savvy buyers who were able to prognasticate that Seattle would have some of the highest growth in real estate in the world, and maybe you're one of them, but I'd wager that most just got lucky growing up and then buying in a metro area that eventually became an economic hub for the world.creepycoug said:
Very true.UW_Doog_Bot said:
Deficits matter but relatively.YellowSnow said:
Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.pawz said:
Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.YellowSnow said:
It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.SFGbob said:How many of those people who supposedly can't afford a $500 emergency have been on a vacation in the last 5 years that cost them $2,000 to 3,000? How many of them drive a car less than 3 years old? How many of them have smart phones and big screen TVs? How many of them eat out 3 to four times a week?
This panic if fucking up a lot of our short term life plans (seriously) but unless we get into Weimar Germany with the dollar we'll be fine.
We?re so fucked.
But still, fuck all you deficit lovers. They do matter.
A $500,000 mortgage in California isn't a $500,000 mortgage in North Dakota.
My house has been paid for for years now, but I've considered borrowing again to double down on Seattle real estate ... move to better house in an even better hood in Seattle. People say, "you don't want a mortgage payment when you're retired." My response: I have no plans to retire in said house. But it will increase in value in absolute dollars, if not by % increase, more than the one that's paid for. No investment I've made has performed better for me than my house in this area.
Then there's the unlucky homeowner who grew up in some second rate Midwest city who bought a house in adulthood when industry was still rolling there, and then proceeded to watch that investment plummet. I'm not saying Seattle is going to eventually crater like a Detroit, so don't twist. I guess my only rambling point is that nothing ever holds in real estate and who knows how we'll fare in the next macroeconomic "chapter" of life. -
And yet you keep sharing blanketsSwaye said:
Because nobody, not even the Democrats, actually give a shit about the homeless.PurpleThrobber said:
And why have we not heard of any of the homeless camps getting ravaged by the COVID-19?PurpleThrobber said:
I'll take Typhus over COVID-19 and give the points in crashing the Seattle real estate market.YellowSnow said:
If COVID-19 crashes the Seattle real estate market long term it will mean we've got bigger problems as a country.creepycoug said:
Location location location.GreenRiverGatorz said:
True. But that's a function of luck for most homeowners in the area. I'm sure there are some savvy buyers who were able to prognasticate that Seattle would have some of the highest growth in real estate in the world, and maybe you're one of them, but I'd wager that most just got lucky growing up and then buying in a metro area that eventually became an economic hub for the world.creepycoug said:
Very true.UW_Doog_Bot said:
Deficits matter but relatively.YellowSnow said:
Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.pawz said:
Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.YellowSnow said:
It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.SFGbob said:How many of those people who supposedly can't afford a $500 emergency have been on a vacation in the last 5 years that cost them $2,000 to 3,000? How many of them drive a car less than 3 years old? How many of them have smart phones and big screen TVs? How many of them eat out 3 to four times a week?
This panic if fucking up a lot of our short term life plans (seriously) but unless we get into Weimar Germany with the dollar we'll be fine.
We?re so fucked.
But still, fuck all you deficit lovers. They do matter.
A $500,000 mortgage in California isn't a $500,000 mortgage in North Dakota.
My house has been paid for for years now, but I've considered borrowing again to double down on Seattle real estate ... move to better house in an even better hood in Seattle. People say, "you don't want a mortgage payment when you're retired." My response: I have no plans to retire in said house. But it will increase in value in absolute dollars, if not by % increase, more than the one that's paid for. No investment I've made has performed better for me than my house in this area.
Then there's the unlucky homeowner who grew up in some second rate Midwest city who bought a house in adulthood when industry was still rolling there, and then proceeded to watch that investment plummet. I'm not saying Seattle is going to eventually crater like a Detroit, so don't twist. I guess my only rambling point is that nothing ever holds in real estate and who knows how we'll fare in the next macroeconomic "chapter" of life. -
Being on the front line of the W Bellevue real estate market, can confirm.YellowSnow said:
If COVID-19 crashes the Seattle real estate market long term it will mean we've got bigger problems as a country.creepycoug said:
Location location location.GreenRiverGatorz said:
True. But that's a function of luck for most homeowners in the area. I'm sure there are some savvy buyers who were able to prognasticate that Seattle would have some of the highest growth in real estate in the world, and maybe you're one of them, but I'd wager that most just got lucky growing up and then buying in a metro area that eventually became an economic hub for the world.creepycoug said:
Very true.UW_Doog_Bot said:
Deficits matter but relatively.YellowSnow said:
Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.pawz said:
Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.YellowSnow said:
It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.SFGbob said:How many of those people who supposedly can't afford a $500 emergency have been on a vacation in the last 5 years that cost them $2,000 to 3,000? How many of them drive a car less than 3 years old? How many of them have smart phones and big screen TVs? How many of them eat out 3 to four times a week?
This panic if fucking up a lot of our short term life plans (seriously) but unless we get into Weimar Germany with the dollar we'll be fine.
We?re so fucked.
But still, fuck all you deficit lovers. They do matter.
A $500,000 mortgage in California isn't a $500,000 mortgage in North Dakota.
My house has been paid for for years now, but I've considered borrowing again to double down on Seattle real estate ... move to better house in an even better hood in Seattle. People say, "you don't want a mortgage payment when you're retired." My response: I have no plans to retire in said house. But it will increase in value in absolute dollars, if not by % increase, more than the one that's paid for. No investment I've made has performed better for me than my house in this area.
Then there's the unlucky homeowner who grew up in some second rate Midwest city who bought a house in adulthood when industry was still rolling there, and then proceeded to watch that investment plummet. I'm not saying Seattle is going to eventually crater like a Detroit, so don't twist. I guess my only rambling point is that nothing ever holds in real estate and who knows how we'll fare in the next macroeconomic "chapter" of life.
1000000% -
You don't just get handies from meth chicks out in the open. C'mon. Common knowledge.Pitchfork51 said:
And yet you keep sharing blanketsSwaye said:
Because nobody, not even the Democrats, actually give a shit about the homeless.PurpleThrobber said:
And why have we not heard of any of the homeless camps getting ravaged by the COVID-19?PurpleThrobber said:
I'll take Typhus over COVID-19 and give the points in crashing the Seattle real estate market.YellowSnow said:
If COVID-19 crashes the Seattle real estate market long term it will mean we've got bigger problems as a country.creepycoug said:
Location location location.GreenRiverGatorz said:
True. But that's a function of luck for most homeowners in the area. I'm sure there are some savvy buyers who were able to prognasticate that Seattle would have some of the highest growth in real estate in the world, and maybe you're one of them, but I'd wager that most just got lucky growing up and then buying in a metro area that eventually became an economic hub for the world.creepycoug said:
Very true.UW_Doog_Bot said:
Deficits matter but relatively.YellowSnow said:
Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.pawz said:
Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.YellowSnow said:
It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.SFGbob said:How many of those people who supposedly can't afford a $500 emergency have been on a vacation in the last 5 years that cost them $2,000 to 3,000? How many of them drive a car less than 3 years old? How many of them have smart phones and big screen TVs? How many of them eat out 3 to four times a week?
This panic if fucking up a lot of our short term life plans (seriously) but unless we get into Weimar Germany with the dollar we'll be fine.
We?re so fucked.
But still, fuck all you deficit lovers. They do matter.
A $500,000 mortgage in California isn't a $500,000 mortgage in North Dakota.
My house has been paid for for years now, but I've considered borrowing again to double down on Seattle real estate ... move to better house in an even better hood in Seattle. People say, "you don't want a mortgage payment when you're retired." My response: I have no plans to retire in said house. But it will increase in value in absolute dollars, if not by % increase, more than the one that's paid for. No investment I've made has performed better for me than my house in this area.
Then there's the unlucky homeowner who grew up in some second rate Midwest city who bought a house in adulthood when industry was still rolling there, and then proceeded to watch that investment plummet. I'm not saying Seattle is going to eventually crater like a Detroit, so don't twist. I guess my only rambling point is that nothing ever holds in real estate and who knows how we'll fare in the next macroeconomic "chapter" of life.
