Housing Bubble 2: Return of the Ugly

Eheran , in I'm mad and I'm not going to take it anymore.

Is this pushing some agenda or is this actually a thing (and reason for said actions) in Europe?

SeattleRain OP Mod ,

I guess you'll have to make up your own mind.

TheFonz , in Why Many Regret Moving to Texas Post-Pandemic

I agree Texas has many issues and I personally would never live there (primarily as a parent and because the education sucks balls), this article is written so vaguely and broadly you could substitute any state for any of the statements:

Depending on the location in Texas, the school system could be disappointing. “Families moving to Texas with school-aged children might find themselves disappointed with the public education options available in their chosen communities

This is literally every state. This feels like a ChatGPT dump.

AncientFutureNow , in Why Many Regret Moving to Texas Post-Pandemic

Nelson says, "Ha Ha!"

GrayBackgroundMusic , in Why Many Regret Moving to Texas Post-Pandemic

I moved out of Texas, post pandemic. I miss my friends and family, but I like that my lights stay on when it gets cold and the government isn't trying to prosecute me because my kid is trans. Fuck Abbot and all his cronies.

eran_morad , in Why Many Regret Moving to Texas Post-Pandemic

Fuckem.

Stern , in Why Many Regret Moving to Texas Post-Pandemic
@Stern@lemmy.world avatar

Red folk in blue states think, "oh im tired of these blue states i want one that aligns with my values" not realizing that red states are RED states. Y'all playing tee ball republican, these mafuggas are roiding up and hittin' dingers out the park.

jumjummy ,

It’s always hilarious to see these people complaining about all the Democrat leadership in a deep blue state. Fuck it, sell your house that you have massive equity in thanks to blue state policies, move to a true red state and see how you like it. Quit trying to fuck up these blue states and turn them into a Florida or Texas hellhole.

bitchkat , in Say goodbye to the 20% down payment. Zillow says you’ll need to put down roughly 35%, or almost $128,000, to afford a typical home

What's the percentage of people who are currently putting down 20%? Lots and lots of people where buying a home is stretching finances (most first time home owners), end up getting FHA loans with like 3% down. This sounds like people are buying houses that are way out of their price range and they need to put down a lot of principal to get their loan down to what they qualify to borrow.

IsThisAnAI , in Say goodbye to the 20% down payment. Zillow says you’ll need to put down roughly 35%, or almost $128,000, to afford a typical home

What a shitty headline 🤣.

IsThisAnAI , in Is everything a lie?

Stop lying like Daddy Trump 😐

Oisteink , in Why Many Regret Moving to Texas Post-Pandemic

Has anyone checked how those that didn’t move to Texas are feeling? Remorse or Joy?

bitchkat ,

I can report that I didn't move to Texas. I do not regret that decision. I also didn't move to Florida, Alabama, Missississpi, Alabama, Louisiana, Arkansas, either Carolina, Missouri, Kansas, Wisconsin, Kentucky, Tennessee, etc.

Oisteink ,

How about Norway? Do you regret not moving here? You can pay more for everything but there’s less Americans

thesporkeffect ,

The literal only reason I haven't is seasonal depression.

Benaaasaaas ,

I dunno, it'd be pretty hard to pay more for healthcare in Norway.

Oisteink ,

Oh - we do have private healthcare too and it’s improving year by year! As politicians have somehow managed to decrease tax income to the state while GDP grows, public healthcare goes downhill. Like the rest of our society

ghostface ,

American here, didn't Norway fix their incarnation rate? We should listen right?

Oisteink , in 900 Foreclosures in Irving Texas, USA.

What’s SRF?

ZBobbert ,

I had the same question, google seems to think it's a "Single Family Rental" which makes sense in this context.

Oisteink ,

Thanks - I see that I managed to misspell the TBF.l

viking , in Say goodbye to the 20% down payment. Zillow says you’ll need to put down roughly 35%, or almost $128,000, to afford a typical home
@viking@infosec.pub avatar

So that puts the average house price at 348k? That's actually better than I thought.

13esq , in Hmmm

Definitely don't marry number 1 because then you won't get your hard earned tip.

Definitely evict number 3 because if she successfully sublet the room, then another hard working landlord might have gone hungry.

So by that logic, raise rent on 1, the tip is even bigger now! Marry number 2 by default and evict number 3 for trying to game free money out of the system, that's my job!

Deceptichum ,
@Deceptichum@sh.itjust.works avatar

Nope.

Raise the rent on number 1, because they will never complain.

Marry 3, they’re of sound financial mind and clearly show aspirations of landlordism by attempting to rent out their rental. Plus she saved money on repairs.

That leaves evict 2, good, how dare they tip me less than a waiter.

NewNewAccount ,

You’re going to marry a dadgum communist?!?

SkyezOpen ,

She did a capitalism by subletting, she clearly bought the manifesto to burn later.

Also she can repair stuff so you can make her do that and maybe get those pesky exposed wires taken care of (for a small rent increase, of course).

RandomVideos ,

You have to know your enemies before defeating them

This can be interpreted in 2 different ways

edgemaster72 , (edited )
@edgemaster72@lemmy.world avatar

Right conclusion, mostly right reasoning. Evict 2 because of the Funko collection, obvs.

hk_a , in Is everything a lie?

This is wrong. Home prices were replaced by rental price equivalent: https://www.fullstackeconomics.com/p/why-the-government-took-home-prices-out-of-the-consumer-price-index , for the simple reason that people usually have mortgages and changes in the mortgage rate weren't included in the old calculation.

Kecessa ,

The real bullshit is replacing products to use the alternatives people are buying due to inflation to make it seem like inflation is lower.

If I'm buying tofu instead of chicken that shouldn't be what the calculation is based on, otherwise we'll go all the way down to only have beans and rice in the basket and say "See, inflation isn't so bad!"

Num10ck ,

kind of like how the Dow Jones and the S&P500 and the Russel2000 type indexes will adjust what they contain, which makes it seem like growth is higher.

Kecessa ,

Yeah, it's kind of misrepresentation by medias that they refer to indexes so much when talking about markets health, ideally they would mostly talk about broad market ETFs' performance instead since they would be invested in everything at once.

breadsmasher , in Why Many Regret Moving to Texas Post-Pandemic
@breadsmasher@lemmy.world avatar

Cause texas is hardcore red voting gun toting nutjobs?

bitchkat ,

And they hate women!

capital ,

The state was 52% Trump in 2020.

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