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My Thoughts on the Helicopter Money

2

Comments

  • YellowSnow
    YellowSnow Moderator, Swaye's Wigwam Posts: 37,216 Founders Club

    GTO or Chevelle

    Same car really

    Pontiac was above Chevy. Below Buick and Oldsmobile.
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,025
    I need to ask my driver about all this proletariat car talk.

  • GrundleStiltzkin
    GrundleStiltzkin Member Posts: 61,516 Standard Supporter
    The Cuban tort tugger is right, you know
  • YellowSnow
    YellowSnow Moderator, Swaye's Wigwam Posts: 37,216 Founders Club

    GTO or Chevelle

    Same car really

    Guess I’ll need to do my jerb now.

    @GrundleStiltzkin Pod this would be a good cover for the Rev

    https://youtube.com/watch?v=o_FSicQWimU
  • Pitchfork51
    Pitchfork51 Member Posts: 27,662
    dflea said:

    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?

    It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.

    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.
    I drove a 2004 Sequoia into the fucking ground. Like 357k.

    Jiminy. Them’s are soccer tournament parent miles. My 2006 only has 94k.
    My Tacoma just refuses to die, and I just can't bring myself to replace it until it does. I haven't even looked at the odo in months, but it was approaching 350k last time I looked. The light on the dial that shows where the heat's coming out went out on it a month or so ago.

    I've never seen socialism so popular as the last couple weeks. Apparently, all the kids are into it now.

    Are the feds going to hand out money to everybody? If so, I'm spending mine on fishing gear.

    I'm buying camera lenses and booze.
  • creepycoug
    creepycoug Member Posts: 24,016
    edited March 2020
    Dawgtona said:

    2005 Dodge mini van. 260k before splurging on a new Sentra in 2016

    40 mpg Greta

    My dream car would be a restored and updated 60s American Muscle car

    I'm sure luxury cars are nice but a horrible investment

    GTO or GTFO
    Dad #1 had a 1967 GTO white w/black vinyl top.

    He sold to a a dumbass in California that wrecked it in less than a week.
    Dad #1 had a beautiful Navy blue '66 or '67 GTO with white interior. I was like 1 or 2 and have no recollection of it, but there are loads family pics of that car ... it was the first time anyone in the fam. had a brand new car, which my grandfather bought for my father for graduating from college. Apparently the thing hauled ass.

    My old man still, to this day, talks about that car. All. the. tim.

    +, you all know how Cubans feel about American cars. We? love them. The classics anyway.
  • pawz
    pawz Member, Moderator, Swaye's Wigwam Posts: 22,427 Founders Club

    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?

    It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.

    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.
    Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.

    We?re so fucked.
  • YellowSnow
    YellowSnow Moderator, Swaye's Wigwam Posts: 37,216 Founders Club
    pawz said:

    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?

    It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.

    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.
    Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.

    We?re so fucked.
    Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.

    But still, fuck all you deficit lovers. They do matter.
  • Sledog
    Sledog Member Posts: 37,677 Standard Supporter
    I've had a 55 Chevy 210, 69 Z28 and a 65 Chevelle. No hot rods right now. Dirt road.
  • Pitchfork51
    Pitchfork51 Member Posts: 27,662
    I still can't believe the bitch ass employees at my company are complaining about who works from home.

    Like bro....no wages cut...no nothing. You guys are in a good position
  • UW_Doog_Bot
    UW_Doog_Bot Member, Swaye's Wigwam Posts: 18,044 Founders Club

    pawz said:

    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?

    It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.

    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.
    Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.

    We?re so fucked.
    Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.

    But still, fuck all you deficit lovers. They do matter.
    Deficits matter but relatively.

    A $500,000 mortgage in California isn't a $500,000 mortgage in North Dakota.
  • creepycoug
    creepycoug Member Posts: 24,016

    pawz said:

    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?

    It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.

    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.
    Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.

    We?re so fucked.
    Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.

    But still, fuck all you deficit lovers. They do matter.
    Deficits matter but relatively.

    A $500,000 mortgage in California isn't a $500,000 mortgage in North Dakota.
    Very true.

    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.
  • UW_Doog_Bot
    UW_Doog_Bot Member, Swaye's Wigwam Posts: 18,044 Founders Club

    pawz said:

    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?

    It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.

    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.
    Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.

    We?re so fucked.
    Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.

    But still, fuck all you deficit lovers. They do matter.
    Deficits matter but relatively.

    A $500,000 mortgage in California isn't a $500,000 mortgage in North Dakota.
    Very true.

    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.
    Leveraging can be a good thing.
  • GrundleStiltzkin
    GrundleStiltzkin Member Posts: 61,516 Standard Supporter

    pawz said:

    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?

    It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.

    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.
    Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.

    We?re so fucked.
    Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.

    But still, fuck all you deficit lovers. They do matter.
    Deficits matter but relatively.

    A $500,000 mortgage in California isn't a $500,000 mortgage in North Dakota.
    Very true.

    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.
    Leveraging can be a good thing.
    @ArchimedesDwag true???
  • GreenRiverGatorz
    GreenRiverGatorz Member Posts: 10,165

    pawz said:

    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?

    It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.

    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.
    Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.

    We?re so fucked.
    Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.

    But still, fuck all you deficit lovers. They do matter.
    Deficits matter but relatively.

    A $500,000 mortgage in California isn't a $500,000 mortgage in North Dakota.
    Very true.

    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.
    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.

    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.

  • Pitchfork51
    Pitchfork51 Member Posts: 27,662

    pawz said:

    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?

    It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.

    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.
    Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.

    We?re so fucked.
    Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.

    But still, fuck all you deficit lovers. They do matter.
    Deficits matter but relatively.

    A $500,000 mortgage in California isn't a $500,000 mortgage in North Dakota.
    Very true.

    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.
    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.

    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.

    plus everyone in seattle is a fag

    so theres that
  • GreenRiverGatorz
    GreenRiverGatorz Member Posts: 10,165

    pawz said:

    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?

    It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.

    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.
    Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.

    We?re so fucked.
    Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.

    But still, fuck all you deficit lovers. They do matter.
    Deficits matter but relatively.

    A $500,000 mortgage in California isn't a $500,000 mortgage in North Dakota.
    Very true.

    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.
    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.

    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.

    plus everyone in seattle is a fag

    so theres that
    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."

    Really makes you think.
  • Pitchfork51
    Pitchfork51 Member Posts: 27,662

    pawz said:

    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?

    It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.

    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.
    Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.

    We?re so fucked.
    Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.

    But still, fuck all you deficit lovers. They do matter.
    Deficits matter but relatively.

    A $500,000 mortgage in California isn't a $500,000 mortgage in North Dakota.
    Very true.

    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.
    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.

    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.

    plus everyone in seattle is a fag

    so theres that
    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."

    Really makes you think.

  • GreenRiverGatorz
    GreenRiverGatorz Member Posts: 10,165

    pawz said:

    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?

    It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.

    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.
    Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.

    We?re so fucked.
    Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.

    But still, fuck all you deficit lovers. They do matter.
    Deficits matter but relatively.

    A $500,000 mortgage in California isn't a $500,000 mortgage in North Dakota.
    Very true.

    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.
    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.

    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.

    plus everyone in seattle is a fag

    so theres that
    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."

    Really makes you think.

    Huh?
  • Kaepsknee
    Kaepsknee Member Posts: 14,913
    edited March 2020

    pawz said:

    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?

    It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.

    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.
    Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.

    We?re so fucked.
    Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.

    But still, fuck all you deficit lovers. They do matter.
    Deficits matter but relatively.

    A $500,000 mortgage in California isn't a $500,000 mortgage in North Dakota.
    Very true.

    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.
    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
    creepycoug Member Posts: 24,016

    pawz said:

    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?

    It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.

    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.
    Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.

    We?re so fucked.
    Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.

    But still, fuck all you deficit lovers. They do matter.
    Deficits matter but relatively.

    A $500,000 mortgage in California isn't a $500,000 mortgage in North Dakota.
    Very true.

    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.
    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.

    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.

    Location location location.
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,025

    pawz said:

    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?

    It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.

    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.
    Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.

    We?re so fucked.
    Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.

    But still, fuck all you deficit lovers. They do matter.
    Deficits matter but relatively.

    A $500,000 mortgage in California isn't a $500,000 mortgage in North Dakota.
    Very true.

    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.
    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.

    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.

    Location location location.
    If COVID-19 crashes the Seattle real estate market long term it will mean we've got bigger problems as a country.
    I'll take Typhus over COVID-19 and give the points in crashing the Seattle real estate market.
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,025

    pawz said:

    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?

    It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.

    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.
    Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.

    We?re so fucked.
    Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.

    But still, fuck all you deficit lovers. They do matter.
    Deficits matter but relatively.

    A $500,000 mortgage in California isn't a $500,000 mortgage in North Dakota.
    Very true.

    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.
    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.

    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.

    Location location location.
    If COVID-19 crashes the Seattle real estate market long term it will mean we've got bigger problems as a country.
    I'll take Typhus over COVID-19 and give the points in crashing the Seattle real estate market.
    And why have we not heard of any of the homeless camps getting ravaged by the COVID-19?
  • Pitchfork51
    Pitchfork51 Member Posts: 27,662
    Swaye said:

    pawz said:

    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?

    It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.

    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.
    Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.

    We?re so fucked.
    Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.

    But still, fuck all you deficit lovers. They do matter.
    Deficits matter but relatively.

    A $500,000 mortgage in California isn't a $500,000 mortgage in North Dakota.
    Very true.

    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.
    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.

    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.

    Location location location.
    If COVID-19 crashes the Seattle real estate market long term it will mean we've got bigger problems as a country.
    I'll take Typhus over COVID-19 and give the points in crashing the Seattle real estate market.
    And why have we not heard of any of the homeless camps getting ravaged by the COVID-19?
    Because nobody, not even the Democrats, actually give a shit about the homeless.
    And yet you keep sharing blankets
  • pawz
    pawz Member, Moderator, Swaye's Wigwam Posts: 22,427 Founders Club

    pawz said:

    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?

    It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.

    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.
    Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.

    We?re so fucked.
    Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.

    But still, fuck all you deficit lovers. They do matter.
    Deficits matter but relatively.

    A $500,000 mortgage in California isn't a $500,000 mortgage in North Dakota.
    Very true.

    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.
    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.

    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.

    Location location location.
    If COVID-19 crashes the Seattle real estate market long term it will mean we've got bigger problems as a country.
    Being on the front line of the W Bellevue real estate market, can confirm.

    1000000%
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,025

    Swaye said:

    pawz said:

    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?

    It's pretty pathetic. My 4 Runner is 14 years old. Not as old as yours was @SFGbob but still.

    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.
    Today, this is my greatest fear. $23 TRILLION and printing more by the nano second.

    We?re so fucked.
    Yes and no. We? are not Weimar Germany. Axe @UW_Doog_Bot - we go down, the whole World goes down.

    But still, fuck all you deficit lovers. They do matter.
    Deficits matter but relatively.

    A $500,000 mortgage in California isn't a $500,000 mortgage in North Dakota.
    Very true.

    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.
    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.

    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.

    Location location location.
    If COVID-19 crashes the Seattle real estate market long term it will mean we've got bigger problems as a country.
    I'll take Typhus over COVID-19 and give the points in crashing the Seattle real estate market.
    And why have we not heard of any of the homeless camps getting ravaged by the COVID-19?
    Because nobody, not even the Democrats, actually give a shit about the homeless.
    And yet you keep sharing blankets
    You don't just get handies from meth chicks out in the open. C'mon. Common knowledge.