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Terrel L. Shields said:
what purpose does jacking up property prices do for a permanent resident. It means the snowflakes built 10 miles out of town, then go to the county quorum court to complain about the smell of cattle or chickens, then sue the next door neighbor over a 2' discrepancy in the survey of 80 acres, or the farmer plowing and planting after dark, and then drive up property taxes because our state is very up to date of their market values. I'd be much happier with much lower property price. It's value to me is "in use"... not "market". And why don't you sell your house? Let me guess. Prop 13 or whatever it was called means if you move your property taxes will explode.
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A thousand times this. Had a few homes sell out in the county and the new owners are raising a stink over the stink of cows. I'd laugh if it wasn't so frustrating.

My house could go to 3X and I wouldn't want to move because this is where my life is. It would cause all sorts of problems, taxes, insurance, etc. Plus if your house goes 3X then your next hypothetical home does the same. If the gap was $100k now it's $300k and no longer possible. Exploding residential prices helps 1. investors and 2. people who use a home as a piggy bank.
 
"Exploding residential prices helps 1. investors and 2. people who use a home as a piggy bank."

3. Heirs....
 
Whtwhale said:
A thousand times this. Had a few homes sell out in the county and the new owners are raising a stink over the stink of cows. I'd laugh if it wasn't so frustrating.

My house could go to 3X and I wouldn't want to move because this is where my life is. It would cause all sorts of problems, taxes, insurance, etc. Plus if your house goes 3X then your next hypothetical home does the same. If the gap was $100k now it's $300k and no longer possible. Exploding residential prices helps 1. investors and 2. people who use a home as a piggy bank.
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Can't disagree. But you forgot the third exception: It also helps people who are looking to sell high and move to another state where they can buy low.

Now THAT works. Trust me. ;)
 
Got to get Pelosi back into the Speaker House so Bay Area can get more millions in government spending.
 
Stock market is getting close to where it was when Biden took over. Meanwhile official inflation is 17 percent in less than 3 years and 23 percent by the more accurate Big Mac inflation measure which has been 1.5% higher since the official CPI was manipulated in the mid 90s.

That’s a 15 - 20 percent drop in stock market value. While prices for goods and services are increasing.

The increase in gross national product is in dollar amounts and not adjusted for inflation. People are buying the same or less goods and services but paying more. That’s not growth
 
Essexfenwick said:
Stock market is getting close to where it was when Biden took over. Meanwhile official inflation is 17 percent in less than 3 years and 23 percent by the more accurate Big Mac inflation measure which has been 1.5% higher since the official CPI was manipulated in the mid 90s.

That’s a 15 - 20 percent drop in stock market value. While prices for goods and services are increasing.

The increase in gross national product is in dollar amounts and not adjusted for inflation. People are buying the same or less goods and services but paying more. That’s not growth
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If Trump produced those same numbers you'd be calling it amazing, incredible growth , a hot jog market etc
 
J Grant said:
If Trump produced those same numbers you'd be calling it amazing, incredible growth , a hot jog market etc
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Those numbers would be stellar under Trump level low inflation. Trumps stock market beat inflation. Plus no wars. In addition low inflation. Also a secure border. A stable banking system plus a strong real estate market. Also higher ACT scores and higher life expectancies. In addition Trump had fewer covid deaths and fewer vaccine deaths than Biden. Plus cities were cleaner and safer. Trump looks golden after this total failure.
 
Was it really due to the IOMBR....
Or the well planned/timed CHINA VIRUS....
CAN I GET AN AMEN....
 
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