IMSA_Fan
| Favorite team: | Clemson  |
| Location: | |
| Biography: | |
| Interests: | |
| Occupation: | |
| Number of Posts: | 551 |
| Registered on: | 7/26/2024 |
| Online Status: | Not Online |
Recent Posts
Message
You guys need to stop arguing about what constitutes a starter home and just look at price per square foot over time. Housing prices and building costs are insane nationally and the data backs it up. Average housing costs have jumped from $40ish per sq ft in the mid-80s to $200+ per in 2025. That number is a lot more extreme when you only look at top 50 metros. We did sell our 1500 sq ft starter home that was built in the 1950s and never went through a full complete renovation for in a HCOL area for $397 sq ft a few years ago.
The biggest change by far is the essentially required shift to two working parent households which has changed the dynamic massively.
The other thing that is straggling everyone are the massive increases in home, auto and health insurance. It’s gotten completely out of hand.
The biggest change by far is the essentially required shift to two working parent households which has changed the dynamic massively.
The other thing that is straggling everyone are the massive increases in home, auto and health insurance. It’s gotten completely out of hand.
1
re: Trump directs Tulsi to declassify documents surrounding Amelia Earhart’s disappearance …
Posted by IMSA_Fan on 11/15/25 at 9:43 am to Thundercles
quote:
If you think about it, it is odd that a young woman of no particular renown had the money and resources to own a plane and fly around the world. Who funded it all? Her last flight had a lot of oddities I recall. It's feasible she was out a secret mission that went awry.
She came from quite a wealthy family
That would very much give the perception that he’s not strong enough to stand up to the Dems at this stage of his life
re: Is it within Trump's authority to command the release of the Epstein Files?
Posted by IMSA_Fan on 11/15/25 at 9:17 am to Perfect Circle
Yes - the POTUS can declassify any document that he choose to
He could make this all go away if he would just release the files (if he is indeed innocent).
quote:
This is the issue with the portable mortgage. The bank owns the asset. The bank assessed the risk on the individual person and property. What if bank says no bueno on the new asset and persons present credit risk? How do you force a bank into a business venture they now deem unsound?
You don’t — banks are almost always going to say no, and contract law is firmly on their side. Honestly, in the long run, banks should move away from fixed-rate mortgages and focus on adjustable-rate products instead. Fixed rates were a major factor in the failures of SVB and First Republic, and shifting away from them would create a much healthier housing market overall.
quote:
This is because of my previous point. Blackrock and other investors are buying up homes quickly because they know people need a place to live. The investors know they can buy a home with cash, bypassing banks. Buy a home at 250k, charge 2k rent a month. They know they can recover the cost of the home in 10 years or less by renting. Then, they STILL have the asset after they have recovered their investment.
This is the issue the admin needs to work on
Yeah there is no way it is going to drive down prices. Did interest rates falling significantly during Covid drive down rates?
I feel like the banks would totally drop out of the mortgage industry if this happens. Many of them are already underwater due to the loans they made when interest rates were basically at zero that they want to get out of as soon as possible
We’re very much heading for Democrat’s “Green Utopia” the next time they take office if the SCOTUS refuses to strike this down
Ok boomer…
It was good enough for JD Vance to find his wife and you people worship him.
It was good enough for JD Vance to find his wife and you people worship him.
re: No SCOTUS Ruling on Tariffs Until Next Year?
Posted by IMSA_Fan on 11/12/25 at 5:25 am to wackatimesthree
The SCOTUS needs to answer for their f-up allowing tariff revenue to be collected while this case played out in court, given the potential economic impacts
re: Trump fatigue
Posted by IMSA_Fan on 11/11/25 at 1:14 pm to RobertFootball
quote:
I have Clemson fatigue. Suck it, taters. See you in a few weeks and we make it back to back beatings.
Yeah - I just don’t care this year
re: Trump fatigue
Posted by IMSA_Fan on 11/11/25 at 12:58 pm to roll to victory
He’s run so far left economically, and it’s clearly not working. While the right complains about New York City electing a socialist, just look at the GOP’s own leadership. Trump has been one of the most economically left-leaning presidents in history — from wealth redistribution through direct cash handouts and massive deficit expansion, $1T per year in new taxes on goods and raw materials via his tariff agenda, the government taking ownership stakes in major corporations, pursuing an extremely protectionist / anti-free market trade agenda, and pressuring the Fed to keep rates artificially low. It’s remarkable how closely this mirrors aspects of modern monetary theory, where fiscal restraint is effectively abandoned in pursuit of short-term political or populist goals.
quote:
How did he win the popular vote if hes unpolpular along with a sweep
The same way Joe Biden did it
quote:
His American first strategy is tariff handouts to the poor haha. We are in trouble
I still have no idea how the current Republican coalition holds together. In many ways, Trump has been one of the most economically left-leaning presidents we’ve ever had — from wealth redistribution via cash handouts and massive deficit expansion, to the government taking ownership stakes in major corporations, pursuing an extremely protectionist trade agenda and pushing high inflationary agenda / exerting pressure on the Fed to push rates down. It’s remarkable how closely this mirrors aspects of modern monetary theory, where fiscal restraint is largely abandoned in favor of short-term political or populist goals.
50Y mortgages and 15Y car loans are terrible ideas because they massively inflate total interest costs while slowing equity or value buildup to a crawl. A 50Y mortgage keeps borrowers paying mostly interest for decades, locking them into debt well into retirement and artificially driving up home prices. Similarly, a 15Y car loan traps people in negative equity on a rapidly depreciating asset, forcing them to pay interest and maintenance long after the car’s value has collapsed. Both products create an illusion of affordability, but in reality they erode wealth, inflate asset bubbles, and weaken overall financial stability.
This is what happens when you mix sports with politics. It’s stupid the Commanders and the NFL allowed this to happen and the admin agreed to do this, especially in the most Democratic metro in the country
re: Trump and Republicans destroying ghoulish democrats on every front.
Posted by IMSA_Fan on 11/11/25 at 6:00 am to BarberitosDawg
Except at the ballot box in the 2025 elections…
re: SCOTUS agrees to decide if mail-in ballots can arrive after Election Day
Posted by IMSA_Fan on 11/10/25 at 9:25 am to Major Dutch Schaefer
What is the constitutional argument that they shouldnt be legal?
Popular
25
