- This topic has 815 replies, 23 voices, and was last updated 2 years, 4 months ago by Coronita.
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April 29, 2022 at 12:22 PM #825302April 29, 2022 at 1:49 PM #825303AnonymousGuest
Back to the subject at hand, the nasdaq is cratering faster than I even expected, and still the Fed has only raised .25% up to now. This is a very bad sign for the economy and future of housing market.
Regarding tech workers going back to the office, I will repeat that the tech industry has been living in fantasy land of easy money for the last 10 years thanks to the Fed. Now with this support gone, the tech economy is cratering much like the .com bust.
April 29, 2022 at 2:06 PM #825304AnonymousGuest[quote=sdrealtor]Coward[/quote]
Only a real estate hack like yourself would equate courage with how much real estate someone purchased or did not purchase. What a strange world you live in.
If you had any courage, you would drop some real money (not play money) into NAIL. I dare you. Show me you have a pair.
April 29, 2022 at 2:17 PM #825305CoronitaParticipant[quote=deadzone]Back to the subject at hand, the nasdaq is cratering faster than I even expected, and still the Fed has only raised .25% up to now. This is a very bad sign for the economy and future of housing market.
Regarding tech workers going back to the office, I will repeat that the tech industry has been living in fantasy land of easy money for the last 10 years thanks to the Fed. Now with this support gone, the tech economy is cratering much like the .com bust.[/quote]
Lol..uh no….
There’s a minor issue called supply chain shortage that is crimping supply that you conveniently glossed over that made companies like Apple unable to meet demand. Minor issue like Shanghai pretty much shut down for the past 2 months that you either conveniently ignore or just are lacking awareness. Again, lack of understanding on your part. Just like calling Robinhood a tech company that you conveniently dodge not that you were called out as being erroneous in that.
And of course now that you are flat out wrong about return to office and remote workers going away, you’re now just changing your tune to something else ie (stock market) to seek validation of a reason for housing to fall off the cliff… Well shit, I’d one says 10 different things , ones got to be right by conincidence…lol…
Let’s go back to the original point you were trying to make here. Return to work…now going to affect the housing market…now that that’s not really happening (and in your case being near UTC where return to college actually made the housing situation worse for UTC, a lot worse), you are conveniently pivoting to the stock market and trying to connect the dot there to why housing will now decline in SD.
shit, you’re looking for any reason to validate what appears to be a much needed housing price decline you apparently desperately need. It’s kinda funny…lol…
April 29, 2022 at 2:41 PM #825306anParticipant[quote=deadzone][quote=sdrealtor]Coward[/quote]
If you had any courage, you would drop some real money (not play money) into NAIL. I dare you. Show me you have a pair.[/quote]
Is that courage or stupidity?April 29, 2022 at 2:45 PM #825307anParticipantBack to the original topic: https://news.yahoo.com/airbnb-allow-employees-permanently-home-150017087.html
I know people at Amazon and they’re still working from home with no sign of forcing them to go back to the office.
April 29, 2022 at 3:16 PM #825308CoronitaParticipant[quote=an][quote=deadzone][quote=sdrealtor]Coward[/quote]
If you had any courage, you would drop some real money (not play money) into NAIL. I dare you. Show me you have a pair.[/quote]
Is that courage or stupidity?[/quote]Why take a one shot one hand gamble if you aren’t desperate and don’t need to? That’s just being financially irresponsible. If you had $1million you wouldn’t bet it all or significant portion in Vegas. Why would you do it here? That’s not investing. That’s gambling.
April 29, 2022 at 3:20 PM #825309sdrealtorParticipant[quote=deadzone][quote=sdrealtor]Coward[/quote]
Only a real estate hack like yourself would equate courage with how much real estate someone purchased or did not purchase. What a strange world you live in.
If you had any courage, you would drop some real money (not play money) into NAIL. I dare you. Show me you have a pair.[/quote]
You are a coward and failed. It’s not about how much you bought, it’s about providing your family a safe and secure home when you were able to do so. You cannot do that here anymore because you lacked the courage
If you could go back in time 10 years would you buy real estate here?
Why didn’t you then?
That’s really the question at hand
We keep answering your questions but you never do
April 29, 2022 at 3:27 PM #825310XBoxBoyParticipant[quote=an]Back to the original topic: https://news.yahoo.com/airbnb-allow-employees-permanently-home-150017087.html
I know people at Amazon and they’re still working from home with no sign of forcing them to go back to the office.[/quote]
Yes, please can we go back to the original topic?
April 29, 2022 at 3:39 PM #825311sdrealtorParticipantFamily member who is a healthcare provider recently started a job with a company she formerly worked for. Work from home has never been an option before. Company has been around over 50 years and has always been the unquestioned leader in the industry. Her job is work from home. Her and her team consult with patients over zoom regarding a medical device. The company signed a 10 year contract to provide services to VA patients. This job is not going away
April 29, 2022 at 5:08 PM #825312AnonymousGuest[quote=sdrealtor
If you could go back in time 10 years would you buy real estate here?Why didn’t you then?
That’s really the question at hand
We keep answering your questions but you never do[/ quote]
Why do you care so much about the financial decisions I made or didn’t make 10 years ago? That is none of your business and nobody else on piggington gives a shit what happened 10 years ago as it is irrelevant to today.
If there were a time machine, I would go back and put all my money into Tesla stock and Bitcoin. I would not buy RE just to be clear. And I would be rich as fuck if I had done that. But needless to say, I am plenty well off as it is. Not dwelling on the past as much as you keep wanting to live in the past.
So the question at had is not what I did 10 years ago, only you and your perverted mind care about that. The question is what is happening now, and all signs point to an epic market collapse.
April 29, 2022 at 5:15 PM #825313AnonymousGuest[quote=Coronita]
shit, you’re looking for any reason to validate what appears to be a much needed housing price decline you apparently desperately need. It’s kinda funny…lol…[/quote]What’s funny is how you keep trying to make excuses for why tech stocks are collapsing. Anything but accepting the reality that there is a market collapse occurring, in slow motion, right before your eyes.
And of course this won’t affect housing prices, right? And these rapidly rising interest rates? Nothing to worry about, right? And work from home is here to stay forever right? LOL is right.
April 30, 2022 at 10:19 PM #825317sdrealtorParticipant[quote=deadzone][quote=sdrealtor
If you could go back in time 10 years would you buy real estate here?Why didn’t you then?
That’s really the question at hand
We keep answering your questions but you never do[/ quote]
Why do you care so much about the financial decisions I made or didn’t make 10 years ago? That is none of your business and nobody else on piggington gives a shit what happened 10 years ago as it is irrelevant to today.
If there were a time machine, I would go back and put all my money into Tesla stock and Bitcoin. I would not buy RE just to be clear. And I would be rich as fuck if I had done that. But needless to say, I am plenty well off as it is. Not dwelling on the past as much as you keep wanting to live in the past.
So the question at had is not what I did 10 years ago, only you and your perverted mind care about that. The question is what is happening now, and all signs point to an epic market collapse.[/quote]
Same old nonsense. Change the question. Ten years ago it was a stretch to even consider Tesla or bitcoin. Hell it was 5 years ago. But ten years ago real estate was obvious to everyone else but you. You just go on thinking your so smart. Those that did are sitting on homes that went up 3-5x and if they did as most leveraging 5x with 20% down their equity is 15 to 25x with favorable tax treatment, a low rate mortgage and a low tax bill that continues to pay dividends. It was a no brainer thousands upon thousands here in SD have enjoyed. There’s no way anyone put down 6 figures into Tesla or bitcoin but we all did with homes.
For you the present and future will be the same as the past. You’ll sit on the sidelines wishing bad things upon others while reaping nothing yourself. You try to convince us this is all bad for the vast majority when in fact the vast majority own homes. You lost then, you’ll lose again
It’s pretty obvious you have no idea how this all actually works and have never owned a home
May 1, 2022 at 6:42 AM #825318CoronitaParticipantEarly Retirement.
That’s what’s on my mind regularly for someone that’s been working since the dot.com days.
2 more years and off to college my kid goes. 529k and custodial accounts ready all the way to grad school if necessary….I paid my dues by planning early and letting compounding over 16 years work.
The question that I keep coming back to is…What next? I don’t have an answer for this. I don’t really like to travel.
May 1, 2022 at 7:22 AM #825319The-ShovelerParticipantYea me too,
Retirement scares the crap out of me to be honest. -
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