You will own nothing and you will be happy.

AssHatZombie said:
and the inflation. don't forget the inflation caused by years of wreckless juicing by keynesian psychotic war criminals.
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You know what eventually overcomes inflation- TIME, Competition, and the FREE ENTERPRISE SYSTEM.

Notice what is inflated the most- ESSENTIALS! Gasoline, Food, Housing, Medical expenses, Medial Insurance, Automobile Insurance, and automobiles, automobile repairs and parts.

When people are spending all of their money on essentials- they won't be able to afford anything but the essentials.

So the demand for non-essential spending goes down and LET THE SALES BEGIN.

And people start to realize that they can do without BACON AND EGGS FOR BREAKFAST- Expensive vacations, $20 Movie tickets to see CRAPPY movies, $10 for a box of popcorn- MONSTER SPORTS TRUCKS- SPORTS CARS, LUXURY CARS, NEW CLOTHES, NEW HOMES, NEW FURNITURE- JEWELRY- $5,000 guitars (Does anyone really need that?) and the demand for them goes away and LET THE SALES BEGIN!

THE BUBBLE IS ABOUT TO BURST.

Yesterday, I paid $4.05 a gallon for gasoline- There is cat food now on the shelves again. There is baby formula on the shelves again- Kroger has roasts on sale for $3.99 a lb. again.

That giant sucking sound, you are hearing now is the price of things going down!

We'll be back to normalcy soon, and I believe we will have record sales this CHRISTMAS season!

Remember- Nothing is ever as good as it seems- AND NOTHING IS EVER AS BAD AS IT SEEMS EITHER. I've seen better- AND I'VE SEEN WORSE! Stick around long enough and let the good times roll again!
 
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Geeko Sportivo said:
You know what eventually overcomes inflation- TIME, Competition, and the FREE ENTERPRISE SYSTEM.

Notice what is inflated the most- ESSENTIALS! Gasoline, Food, Housing, Medical expenses, Medial Insurance, Automobile Insurance, and automobiles, automobile repairs and parts.

When people are spending all of their money on essentials- they won't be able to afford anything but the essentials.

So the demand for non-essential spending goes down and LET THE SALES BEGIN.

And people start to realize that they can do without BACON AND EGGS- MONSTER TRUCKS- SPORTS CARS, LUXURY CARS, NEW CLOTHES, NEW HOMES, NEW FURNITURE- and the demand for them goes away and LET THE SALES BEGIN!

THE BUBBLE IS ABOUT TO BURST.

Yesterday, I paid $4.05 a gallon for gasoline- There is cat food now on the shelves again. There is baby formula on the shelves again- Kroger has roasts on sale for $3.99 a lb. again.

That giant sucking sound, you are hearing now is the price of things going down!

We'll be back to normalcy soon, and I believe we will have record sales this CHRISTMAS season!

Remember- Nothing is ever as good as it seems- AND NOTHING IS EVER AS BAD AS IT SEEMS EITHER. I've seen better- AND I'VE SEEN WORSE! Stick around long enough and let the good times roll again!
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stfu, neocon lemming.
 
Shoresy said:
Yes yes we are and it's not only recession it's stagflation worse than under Carter
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You know less about economics than a fifth grader. No, not worse than 1979 by any measure. And no, we are not experiencing stagflation. Run along.
 
Stone said:
I have a theory. Why would Blackrock and other investment firms be buying homes up when they are on a high? Actually,....they are offering over asking price just to get the property. Why would they do this? Certainly goes against conventional thinking. You buy low and sell high of course. In fact,...everything points to the real estate market heading for a major drop in value. In fact the worlds economic system is heading for a crater. Hmmmmm.

My theory? They want them for rental properties only. But why would you want to be in the rental business during a massive recession/depression event only to spend all of your time in and out of eviction court and chasing money from people who dont have it because they are broke? You wouldnt.

But what if economic conditions changed so drastically that there would be no home ownership any more? With no way to pay the rent on your own the GOVT would basically section 8 the whole country and pay your rent for you. The investment firms would now have guaranteed payments month after month year after year in perpetuity and YOU would be a slave living in your quarters with your minimum basic needs met.

You will own nothing and you will be happy.
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Don't you pretend to be some sort of business person/daddy lackey? This has been happening in New York, California, and Colorado for decades, including the Great Recession. Investors buy rental properties in premier markets because they know they can make 50% in five years. No inspection. All cash. Above asking. In fact, many of them never even lease the properties they buy because it's easier to leave them dark than to deal with tenants who complain about plumbing and pay the rent late.

Your "theory" about home ownership disappearing is as stupid as you are.
 
Concart said:
Galacticly stupid post. Beyond fucking stupid. Yes you utter fucking assclown. No one will have a job. So how in the fu k do you suppose the government would get this money? Jesus Christ just fucking stop posting. Your abject fucking stupidity is making everyone who reads dumber. My God a five year old could figure this the fuck out. Rents have increased faster than home values. How do you even tie your fucking shoes in the morning?
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He was probably just drunk on Natty Light at 8:30 in the morning.
 
Geeko Sportivo said:
Markets can over-inflate, and when they do, they create a huge bubble. New home housing starts are down and have been down for several years. When they aren't building new homes the price of used homes goes up. Prices are ridiculous right now, and that is good for people that already have homes. Unfortunately, there is a whole generation of younger people that are needing homes and they are priced out of the market.

You are right that the price of homes have about topped out, and the bubble is about to bust.

So, this is not a good time to buy real estate as you'll end up being stuck with a house that will lose money if you should want to sell after the bubble bursts.

And to be honest, it is not really a time to sell your used home either, as you will be shocked at the prices you will have to pay to get back into a house with the same footage and amenities as you have now!

One of the reasons for the housing crisis is a lot of cities are putting moratoriums on building affordable housing. Any new homes in my town are up into the 500K range and the city council just rejected proposals to build any and all new affordable housing that was pending.

Our town is run by a Republican White mayor that owns a real estate company, and he owns every property on our town square. And all the City council members are white Republicans and every one of them are in the Real Estate Business.

What we have here is a conflict of interests.
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You sound like a total racist. What does them being WHITE have to do with a damn thing? Jealous much?
 
goat said:
Class war is destroying this nation. You think you're a lord and the rest of us are serfs. The rulers designed it that way to keep us bickering over petty bullshit. Will dems ever have the courage to storm the capitol?
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You're as stupid as Stone is.

The political elite and the corporations that own them are destroying this country.

If Democrats storm the Capitol, they should all be shot. Just like you traitor bitches should have been.
 
Diesel said:
You're as stupid as Stone is.

The political elite and the corporations that own them are destroying this country.

If Democrats storm the Capitol, they should all be shot. Just like you traitor bitches should have been.
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shooting is a bit of an overreaction to a mostly peaceful protest, dont you think?
 
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