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The Economy #7701541
10/26/22 07:46 PM
10/26/22 07:46 PM
Joined: Dec 2008
Posts: 25,444
Eastern Shore of Maryland
HobbieTrapper Offline OP
"Chippendale Trapper"
HobbieTrapper  Offline OP
"Chippendale Trapper"

Joined: Dec 2008
Posts: 25,444
Eastern Shore of Maryland
How bad does it have to get to slow this down?

[Linked Image]
[Linked Image]
[Linked Image]
[Linked Image]

$400,000 and up. frown


-Goofy-
Re: The Economy [Re: HobbieTrapper] #7701542
10/26/22 07:47 PM
10/26/22 07:47 PM
Joined: Jan 2018
Posts: 3,692
MN
D
Donnersurvivor Offline
trapper
Donnersurvivor  Offline
trapper
D

Joined: Jan 2018
Posts: 3,692
MN
It's slowing down fast

Re: The Economy [Re: HobbieTrapper] #7701544
10/26/22 07:49 PM
10/26/22 07:49 PM
Joined: Oct 2013
Posts: 8,457
East of the Mason-Dixon Line
DelawareRob Offline
trapper
DelawareRob  Offline
trapper

Joined: Oct 2013
Posts: 8,457
East of the Mason-Dixon Line
Itís pretty bad if that is only $400K.


Who is John Galt?

You don't rise to the occasion, you fall to the level of your training.

Semper Paratus
Re: The Economy [Re: HobbieTrapper] #7701545
10/26/22 07:50 PM
10/26/22 07:50 PM
Joined: Dec 2008
Posts: 25,444
Eastern Shore of Maryland
HobbieTrapper Offline OP
"Chippendale Trapper"
HobbieTrapper  Offline OP
"Chippendale Trapper"

Joined: Dec 2008
Posts: 25,444
Eastern Shore of Maryland
According to the folks putting them together, they canít slap them together fast enough. Whoís buying them houses?


-Goofy-
Re: The Economy [Re: DelawareRob] #7701549
10/26/22 07:51 PM
10/26/22 07:51 PM
Joined: Dec 2008
Posts: 25,444
Eastern Shore of Maryland
HobbieTrapper Offline OP
"Chippendale Trapper"
HobbieTrapper  Offline OP
"Chippendale Trapper"

Joined: Dec 2008
Posts: 25,444
Eastern Shore of Maryland
Originally Posted by DelawareRob
Itís pretty bad if that is only $400K.


Thereís probably one house in the there that is $400k and itís right next to the recycling center. lol


-Goofy-
Re: The Economy [Re: HobbieTrapper] #7701550
10/26/22 07:52 PM
10/26/22 07:52 PM
Joined: Oct 2013
Posts: 8,457
East of the Mason-Dixon Line
DelawareRob Offline
trapper
DelawareRob  Offline
trapper

Joined: Oct 2013
Posts: 8,457
East of the Mason-Dixon Line
Originally Posted by HobbieTrapper
According to the folks putting them together, they canít slap them together fast enough. Whoís buying them houses?


People from DC, NY and NJ who are escaping high taxes. So they can come here and demand higher taxes.


Who is John Galt?

You don't rise to the occasion, you fall to the level of your training.

Semper Paratus
Re: The Economy [Re: DelawareRob] #7701552
10/26/22 07:53 PM
10/26/22 07:53 PM
Joined: Dec 2008
Posts: 25,444
Eastern Shore of Maryland
HobbieTrapper Offline OP
"Chippendale Trapper"
HobbieTrapper  Offline OP
"Chippendale Trapper"

Joined: Dec 2008
Posts: 25,444
Eastern Shore of Maryland
Originally Posted by DelawareRob
Originally Posted by HobbieTrapper
According to the folks putting them together, they canít slap them together fast enough. Whoís buying them houses?


People from DC, NY and NJ who are escaping high taxes. So they can come here and demand higher taxes.


lol


-Goofy-
Re: The Economy [Re: HobbieTrapper] #7701649
10/26/22 09:17 PM
10/26/22 09:17 PM
Joined: May 2009
Posts: 12,743
Champaign County, Ohio.
K
KeithC Offline
trapper
KeithC  Offline
trapper
K

Joined: May 2009
Posts: 12,743
Champaign County, Ohio.
There's been a little over 500,000 legal immigrants, 2,760,000 known illegal aliens and many more unknown illegal aliens that moved here this year. The US pays for the housing of most of those people. That's a huge boom for the housing market.

Keith

Re: The Economy [Re: HobbieTrapper] #7701657
10/26/22 09:37 PM
10/26/22 09:37 PM
Joined: Mar 2014
Posts: 752
Ontario, Canada
S
sweetwilliam Offline
trapper
sweetwilliam  Offline
trapper
S

Joined: Mar 2014
Posts: 752
Ontario, Canada
There building for the market that isn't going to happen if you want a new cheap house next year the banks will have lots

Re: The Economy [Re: HobbieTrapper] #7701666
10/26/22 09:49 PM
10/26/22 09:49 PM
Joined: Nov 2010
Posts: 1,622
Idaho
V
vegasjim Offline
trapper
vegasjim  Offline
trapper
V

Joined: Nov 2010
Posts: 1,622
Idaho
It is slowing now.

Re: The Economy [Re: sweetwilliam] #7701677
10/26/22 10:05 PM
10/26/22 10:05 PM
Joined: Jan 2018
Posts: 3,692
MN
D
Donnersurvivor Offline
trapper
Donnersurvivor  Offline
trapper
D

Joined: Jan 2018
Posts: 3,692
MN
Originally Posted by sweetwilliam
There building for the market that isn't going to happen if you want a new cheap house next year the banks will have lots


Even if they come down. 30% they still won't be "cheap". Houses here that sold for 175k 3 years ago are now 380k,

Re: The Economy [Re: HobbieTrapper] #7701678
10/26/22 10:08 PM
10/26/22 10:08 PM
Joined: Dec 2006
Posts: 18,723
Sandhills Nebraska
G
Gary Benson Offline
trapper
Gary Benson  Offline
trapper
G

Joined: Dec 2006
Posts: 18,723
Sandhills Nebraska
Old money.
We just waited 3 months for concrete, 3 months for floor trusses, and who knows how long for roof trussses. .
People have retired from good jobs with big 401k accounts. Landowners have big assets now if they bought land 20+ yrs ago. It's a big country and there's big money out there.


Life ain't supposed to be easy.
Re: The Economy [Re: HobbieTrapper] #7701680
10/26/22 10:09 PM
10/26/22 10:09 PM
Joined: Feb 2020
Posts: 5,878
Indiana
P
Providence Farm Offline
trapper
Providence Farm  Offline
trapper
P

Joined: Feb 2020
Posts: 5,878
Indiana
The bubble will burst and I think within the next year.

Re: The Economy [Re: sweetwilliam] #7701693
10/26/22 10:31 PM
10/26/22 10:31 PM
Joined: Oct 2013
Posts: 8,457
East of the Mason-Dixon Line
DelawareRob Offline
trapper
DelawareRob  Offline
trapper

Joined: Oct 2013
Posts: 8,457
East of the Mason-Dixon Line
Originally Posted by sweetwilliam
There building for the market that isn't going to happen if you want a new cheap house next year the banks will have lots


400k is cheap where Hobbie is talking about.


Who is John Galt?

You don't rise to the occasion, you fall to the level of your training.

Semper Paratus
Re: The Economy [Re: DelawareRob] #7701698
10/26/22 10:36 PM
10/26/22 10:36 PM
Joined: Dec 2006
Posts: 10,353
East-Central Wisconsin
B
bblwi Offline
trapper
bblwi  Offline
trapper
B

Joined: Dec 2006
Posts: 10,353
East-Central Wisconsin
Economy is in general slowing down. Steel prices are going lower and some commodities are more available. However it is really something to see the economy as strong as it is or has been with all the head winds that it is facing. The economy really wants to grow even with all the inpediments. The younger generation needs two good jobs and put together a savings plan and create wealth while they are working so they can do all the activities they like doing which require a lot of funds compard to baby boomers like myself.

Bryce

Re: The Economy [Re: HobbieTrapper] #7701706
10/26/22 10:58 PM
10/26/22 10:58 PM
Joined: Aug 2011
Posts: 39,467
james bay frontierOnt.
B
Boco Offline
trapper
Boco  Offline
trapper
B

Joined: Aug 2011
Posts: 39,467
james bay frontierOnt.
Be like all them big cities in China that the commies built to create work,but no one lives there.
Same difference in the west-only its all hired purchase-same thing-other peoples money-then the bottom falls out and down comes the whole shebang like a house of cards.

Last edited by Boco; 10/26/22 11:00 PM.

Forget that fear of gravity-get a little savagery in your life.
Re: The Economy [Re: DelawareRob] #7701804
10/27/22 05:18 AM
10/27/22 05:18 AM
Joined: Dec 2008
Posts: 25,444
Eastern Shore of Maryland
HobbieTrapper Offline OP
"Chippendale Trapper"
HobbieTrapper  Offline OP
"Chippendale Trapper"

Joined: Dec 2008
Posts: 25,444
Eastern Shore of Maryland
Originally Posted by DelawareRob
Originally Posted by sweetwilliam
There building for the market that isn't going to happen if you want a new cheap house next year the banks will have lots


400k is cheap where Hobbie is talking about.


Youíre right Rob, I visited the website and they start at $700k., again I ask, who is buying these places?


-Goofy-
Re: The Economy [Re: HobbieTrapper] #7701813
10/27/22 05:30 AM
10/27/22 05:30 AM
Joined: Aug 2017
Posts: 8,611
Texas - Michigan
Mark June Offline
trapper
Mark June  Offline
trapper

Joined: Aug 2017
Posts: 8,611
Texas - Michigan
Baby boomer's kids wink


Dallas Theological Seminary
https://www.dts.edu
https://www.markjuneslures.com/
Predator Trapping Academy Host



Re: The Economy [Re: HobbieTrapper] #7701815
10/27/22 05:32 AM
10/27/22 05:32 AM
Joined: Aug 2017
Posts: 8,611
Texas - Michigan
Mark June Offline
trapper
Mark June  Offline
trapper

Joined: Aug 2017
Posts: 8,611
Texas - Michigan
Plus the young among us don't raise kids now, they raise dogs. You know how much freed up cash you have without kids?
Zillions.
So they by a house with internet and an HOA fee and bingo was his name o....

grin


Dallas Theological Seminary
https://www.dts.edu
https://www.markjuneslures.com/
Predator Trapping Academy Host



Re: The Economy [Re: HobbieTrapper] #7701819
10/27/22 05:37 AM
10/27/22 05:37 AM
Joined: Aug 2012
Posts: 8,410
Arkansas
J
J Staton Offline
trapper
J Staton  Offline
trapper
J

Joined: Aug 2012
Posts: 8,410
Arkansas
I bet it's college graduates buying those fancy houses. With blue collar workers set to be paying off their student loans, they can now afford a higher mortgage payment.lol


James 1: 19-20
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