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teef

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Posts posted by teef

  1. 8 minutes ago, OrangeBills said:

     

    By all means, what would be your solution then?

     

    Lower rates?  By all means, call Mr. Fed who currently hates America (really, the President, but hurting Americans — TRUFLATION has US Inflation at 2.4% and the Owners Equivalent Rent lag effect SHOULD be understood by our fearless Fed leaders but apparently they are stupid)

     

    Lower prices?  Hmmm, that genie is out of the bottle unless we want a Depression to lower prices back down?  Not good for anybody.

     

    So, aside from Time Machine and remove mail-in ballots from the 2020 election and COVID hysteria nonsense…what should we do now?  The only real answer is longer loan duration.  Your response is that’s not good for Consumers, but your answer should really be we should not have elected Democrats.  We ARE trying to solve for this disastrous Biden Administration.

    i'm not smart enough to have a solution to something like this, but killing people with interest certainly isn't the solution.  there's just a lock on the market right now.  the older generation aren't leaving their home at a similar rate in the past, people are in no rush to buy due to rates.  when houses do come on the market, there's still bidding wars, (i think no as bad) and the over pay happens.  maybe lowering the rates will get people to become comfortable with buying and selling again, opening the market and lowering prices.  more homes on the market, the less bidding, the lower the price, etc.    this isn't just a biden issue.  it's just to easy to place blame that way.

  2. 2 minutes ago, OrangeBills said:

     

    Perhaps you missed the prior 4 year term of President Biden when prices, particularly Auto prices, and rates, the financing part, all skyrocketed like they never have in our Nation’s history.

     

    People are desperate to get cars, so they’ll extend out as long as possible to get the monthly payment down to a level they can afford.

     

    THIS IS THE BIDEN ADMINISTRATION’S FAULT

    that administration did us zero favors, but that not the way to right the ship.

  3. 6 minutes ago, JFKjr said:

    We can thank Kathy Hochul for signing the "All Electric Buildings" proposal into law, starting in 2026. All new buildings under six stories must be ALL electric, no gas.

     

    How convenient when AI has exorbitant electricity demands.

     

    Too bad consumers won't have any choice.

    i think they put a hold on that didn't they?  there's just no way that's going to work at this point in time, (as far as i can tell).

    • Haha (+1) 1
  4. 3 minutes ago, AlBUNDY4TDS said:

    I live with my 91 year old grandfather so he can stay in his house.

     

    *****.

    Do you have 20 k you can spend tomorrow if you needed to without pulling from a 401k?

    that's actually super good of you.  i've have 85 year old parents who refuse to leave their home.  i do have 20k i can spend tomorrow if needed.  i've been very lucky with my work, but i think i was more lucky that my dad is an accountant, and he's always taught us how to manage our money.  in my personal life and business life, i have savings accounts set up where i can exists for months if a crisis happen.  i'm wildly paranoid about that stuff.  the money i spend alone on disability is gross.

    • Like (+1) 1
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  5. 10 minutes ago, AlBUNDY4TDS said:

    I could but didn't want to have higher monthly payments, the same reason anyone would take higher term length.

     

    And if a 50 year loan is the only way a young person can enter the housing market, why the ***** do u care?

     

    Nobody I know my age can take on a 30 year mortgage by themselves.

    you're 40.  you act like you're a kid.  i car about 50 year mortgages because it's an incredibly bad idea for the younger generation.  that is not a solution to fix the housing market at all, but unfortunately there's people who aren't financially savy and will thinks it's a good idea because it came from this administration.  even in that thread there were comments such as, "if the dems don't like it, it must be good".   suggesting people take on a mortgage like that where it's almost all interest for over what 30 years plus.  that's far more damaging anything posted in this thread, but who cares right?  

     

    again, you're a 40 year old man.  if you don't know anyone that can take on a 30 year mortgage at this point in your life, you must hang out with #######s.  i see young people come through my office on the regular who are buy homes on a 30 year.  get your ***** together already.

    • Haha (+1) 1
  6. 1 minute ago, AlBUNDY4TDS said:

    Lol, you should take a break from here.

     

     Other people's opinions clearly bother you, boomer.

    And I took a 7 year loan and am paying it off early. So you're wrong again.

    no...you don't care.  a 50 year mortgage is far more damaging to the younger generation than anything in this thread, yet the op wasn't told what to think and can't for his opinions so he leans into nonsense like this.   so, why didn't you just take you a 5 year loan and pay on principal?  you couldn't afford the 5 year loan.

  7. 19 minutes ago, AlBUNDY4TDS said:

    Typical car loan is now 69 months.

     

    What it should be is still your opinion.

    please explain how stealing tax dollars doesn't change our lives?

    no car loan should be more than 5 years.  you can dictate to the dealer what you want, so there shouldn't be any reason to ever go over...unless you can't afford the car.

     

    and how will this news effect you directly.  i'm not saying it's not news but it's of low importance to the daily lives of people  it won't change how you and i live.  on top of that, don't act like an overly concerned citizen.  how many times have i seen you jump into a thread just to state, "who cares".  you don't care about this. 

    • Haha (+1) 1
  8. 31 minutes ago, BillsFanNC said:

    ⬆️

     

    Speak up teef. Please. 

     

    😂

    so the guy that lied to me about being on ignore so he can avoid discussion, who also lies about not being able to tag or quote people for the same reason wants someone to speak up.  bro...you are the ultimate adult snowflake.  

    6 minutes ago, AlBUNDY4TDS said:

    So why didn't you say that instead of throwing up some tds nonsense?

     

    Nobody is forcing you to get a 50 year mortgage.

    The typical car loan was never 7 years, but here we are.

     

    I'm about to pay off my car 2 years early.

     

    It didn't kill me.

    it's not tds nonsense at all.  this is what directly effect the american people, where this ***** doesn't change our lives...at all.   again if someone commits the crime, f them.  a typical car loan still isn't 7 years.  it should be no more than 5.  

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