CashmereThoughts
Veteran
Expensive home prices isn’t an indicator of a bad economy. The wages are the indicator here
Housing is now unaffordable for a record half of all U.S. renters, study finds
- Thread starter Neuromancer
- Start date
Simple problems...the prices of homes are over valued.....if you put together the cost of materials and permits on building a new home.....the value isnt just there....how is a home built in the 1920s in the same ballpark....you have people buying older homes at crazy prices that aint never been renovated...your basically buying a ticking time bomb...developers are building shoddy homes..because its a hustle and buyers know no better...simply these home are not worth what they are valued at...
like some one said car prices are ridiculous too
people have to stand up and say naww....instead of blindly making these purchases
like some one said car prices are ridiculous too
people have to stand up and say naww....instead of blindly making these purchases
dont matter shyt still over priced.....
Gritsngravy
Superstar
Sounds like banks trying to manipulate the real estate market to they benefit
yep, house of cards.....they dont want to lose these "house investments"....they dont want to solve shyt
its crazy in nyc you have vacant homes and condos owned by foreigners... but let you try and buy in another country like china or japan and see..
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Ezekiel 25:17
Veteran
Then don't live in a major city? Is someone forcing people to live in a major city?
Also cut out debt. No reason to buy a new car if what you got drives fine. No reason to have near maxed credit cards
Rasille
All Star
These prices are out of control and not sustainable
HarlemHottie
Uptown Thoroughbred
Everybody in here blaming the mom in the OP is clowns. They're actively cutting her hours. Who do you think she's being replaced with? This is happening across the whole service economy. My mother went to an event recently- not a single ADOS working in the entire venue. She checked.
Wrong thread!
You keep prices down and revenue up, by lowering the costs of production & labor. That is the main reason why we have so many sanctuary cities, inviting in migrants to do jobs at below normal wages. Unfortunately, in a capitalistic society, not everyone can be in a particular class. So those whom are in the same class as the migrants, low skill, no skill wage earners, must compete with those people for the same jobs. That includes a lot of my ethnicity, but is not limited to only mine. The larger the labor pool, the easier it is to clamp down on the cost of labor. Doing that comes at the expense of the labor force, which in this case is at the expense of American citizens to draw in non-citizens who will do the work for significantly less.
This intentional reduction in labor cost at the expense of American citizens is being publicly spearheaded by Democrats (policies), and privately supported by Republicans (businesses). So both are intentionally contributing to the problem, each playing their part, giving an illusion to the masses of American citizens that they are on opposite sides of the migrant issue. Look deeply enough, below the surface level speaking points, and you will see they are of the same accord on this issue, in my opinion.
This intentional reduction in labor cost at the expense of American citizens is being publicly spearheaded by Democrats (policies), and privately supported by Republicans (businesses). So both are intentionally contributing to the problem, each playing their part, giving an illusion to the masses of American citizens that they are on opposite sides of the migrant issue. Look deeply enough, below the surface level speaking points, and you will see they are of the same accord on this issue, in my opinion.
For the past 4 years, these housing crash channels been getting rich telling everyone theres going to be a foreclosure crisis and prices will fall off a cliff, meanwhile ~30% of new buyers in the south are paying all cash and 40% of current homeowners have no mortgage at all.
Same thing with these car channels. I'd like to buy a truck within the next year and these prices are barely moving down for vehicles people actually want but let them tell it, Dealerships are about to cut prices 40% to stay in business.
Same thing with these car channels. I'd like to buy a truck within the next year and these prices are barely moving down for vehicles people actually want but let them tell it, Dealerships are about to cut prices 40% to stay in business.
