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Location:With populists, expect populism
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Registered on:1/18/2004
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re: Portable mortgages

Posted by SlowFlowPro on 11/12/25 at 9:21 pm to
quote:

Blackrock and other investors are buying up homes quickly

That's a 2021-2022 point, not a 2025 point

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He sees the numbers and knows there is NOT enough homegrown tech talent to handle the AI onslaught.


Hundreds of thousands of tech workers have been laid off recently.

Why hasn't H1B adjusted to this economic reality? What sense does this argument make if we're literally laying off 4-5-6 hundred thousand tech workers?
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How “organic” was it to hear Trump himself tell Laura Ingraham that we need to import Asian workers because there isn’t any talent in America?



Or Scott Bessent "cleaning it up" by saying we need foreign workers to train Americans in industries that India isn't even good at (ship building, chip manufacturing, etc.)?

re: Portable mortgages

Posted by SlowFlowPro on 11/12/25 at 9:13 pm to
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It increases inventory


a. You need buyers. They're still buying severely inflated assets at high rates. How does this plan help them be able to afford the homes?

b. Is the person selling an owner of multiple properties? Seems like the inventory ends up a net 0 if not
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You know ball


I've been telling people it was all bullshite since 2016 :lol:
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Mass deportations and a closed border is being ignored?

Is that literally all you think MAGA was in 2016? REALLY?
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It is, maybe some Indian workers Trump loves got it trending.


That would be one epic fricking troll :lol:

Hiring an Indian bot farm to get "MAGA is dead" trending.
Saying "MAGA is dead" is not some complicated concept, especially when so much of the original sales pitch is being ignored/reversed.

re: Portable mortgages

Posted by SlowFlowPro on 11/12/25 at 8:58 pm to
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It makes sense because I am paying cash from the sale of my home

But your original loan was only $180k, right?

And you've paid that down some, right?

Why would you ever get to exceed the delta on the new loan at the low rate?

So let's say you borrowed 180k and owed 160k. You sell for 400k and can only bring over that $160k of "old rate" in the new mortgage , right?

re: Portable mortgages

Posted by SlowFlowPro on 11/12/25 at 8:49 pm to
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The house is now worth 400k. That means I can sell the house for 400k and buy a NEW house for 400k and keep my 2.25 rate.

This makes no sense.

The remainder of your old mortgage? That makes sense.

The scenario you posted would just force banks to raise rates incredibly higher for everyone who didn't buy at times of insanely low rates.

re: Portable mortgages

Posted by SlowFlowPro on 11/12/25 at 8:48 pm to
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This is why we can't have nice things. No policy will ever benefit everyone 100% equally

The 2 issues are

1. This doesn't address the actual problem (RE values being inflated)

2. This only helps a population who is already at an advantage. How does this help a person who is buying (without a current mortgage) today?
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People need to learn to recognize when AI chatbots are flooding the board. There are tells. There are always tells. AI knows how to imitate being human, but it's incapable of replicating the nuances of the human condition.


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LINK

Bawhahahahahahahaha - what says you panicians


re: Portable mortgages

Posted by SlowFlowPro on 11/12/25 at 8:12 pm to
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Trump is addressing the replacement of federal income taxes with tariffs


They are not. Scott Bessent came out a few days ago and shot this down directly.

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along with massive cutting the size and scope of the federal government


Also has not happened.

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Congress is trying to pay themselves millions with tax dollars for being spied on all the while our govt spies on us every day.


Correct

Rules for thee, not for me in full effect.
Individual Educational Plan.

You get one in special ed, but special ed accounts for the entire distribution, from kids with severe mental handicaps to genius IQs.
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An IEP is a death sentence for any children.

*on one pole

Any kid in Gifted/Talented will have an IEP, just FYI
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I don't agree b

Then what else could cause (1) the extreme reversal and (2) current gap?

If not institutional barriers, what else is even an option, in your mind?
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Comey had submitted as exhibits transcripts prepared by third parties. Even the government didn’t see anything substantive here and only mentioned this in footnotes.