Are we headed for another 2008?

[MattB]

This is unironically evidence that the market is beginning to correct.

Or it is evidence the property was mispriced when listed. Did you know the property was purchased by the seller for $325K on 2/2/22 (~2.5 months ago)? Do you think it increase in value by $125K in just over 2 months? $75K even?

314 N 14th St, Gunnison, CO 81230 | Zillow

314 N 14th St, Gunnison CO, is a Single Family home that contains 1224 sq ft and was built in 1882.This home last sold for $325,000 in July 2022. The Zestimate for this Single Family is $336,200, which has decreased by $33,607 in the last 30 days.The Rent Zestimate for this Single Family is...

www.zillow.com

 

[mlgc20]

We are long overdue for a recession. And it seems obvious we are headed that way if not already there. Having said that, I’m not worried about some sort of financial apocalypse. The “sky is falling“ rhetoric has been pretty consistent since I can remember. I will continue to keep a reasonable stock of food and ammo on hand though, just in case.

 

[kayvon]

Or it is evidence the property was mispriced when listed. Did you know the property was purchased by the seller for $325K on 2/2/22 (~2.5 months ago)? Do you think it increase in value by $125K in just over 2 months? $75K even?

314 N 14th St, Gunnison, CO 81230 | Zillow

314 N 14th St, Gunnison CO, is a Single Family home that contains 1224 sq ft and was built in 1882.This home last sold for $325,000 in July 2022. The Zestimate for this Single Family is $336,200, which has decreased by $33,607 in the last 30 days.The Rent Zestimate for this Single Family is...

www.zillow.com

It's definitely mispriced, but I think it won't break even. It's an example of someone who bought at the top of the market and (probably) won't be able to bail in time.

 

[Elkangle]

Or it is evidence the property was mispriced when listed. Did you know the property was purchased by the seller for $325K on 2/2/22 (~2.5 months ago)? Do you think it increase in value by $125K in just over 2 months? $75K even?

314 N 14th St, Gunnison, CO 81230 | Zillow

314 N 14th St, Gunnison CO, is a Single Family home that contains 1224 sq ft and was built in 1882.This home last sold for $325,000 in July 2022. The Zestimate for this Single Family is $336,200, which has decreased by $33,607 in the last 30 days.The Rent Zestimate for this Single Family is...

www.zillow.com

Just a heads up but that property receives a mule deer land owner tag

 

[CJ19]

Thankfully i have insulated myself from all this fiat currency BS with my defi investments over on coinbase.

 

[sasquatch]

I care about quality of life, freedom of choice, and longevity of a free society based on available habitat and resources...not quantity of life forced by politics that are fixated on destroying all that.

It's strange that people believe resources and the growth rate's of the human population are sustainable.

There will be a rude awakening...very rude.

This.

However I believe the powers at be realize, that the only way out of this massive debt cycle is with more consumers/people to divide it amongst.

I’m convinced that the big push behind open borders is because Our child rate slowed and the population was flattening.

One day, you will have to go to the zoo to see a squirrel.


Sent from my iPhone using Tapatalk Pro

 

[sasquatch]

The hard part is getting there and after what happened in the last two years, its even harder.

Where I live between the combined increase in overall cost of housing and interest rates, the cost of a home has risen 55% in 18 months. Used cars are up ~35% in that same time period. I work for the second biggest employer in the area and we got 5% raises. We also went without raises for two years due to COVID and the crunch it put on us. The median house cost in the US is now over 10X the median income. People cannot manage any of that without going into debt.

Stay at home longer, pack lunches, stop the one click buying, stop needing 4 bedroom houses, drive older used cars. That’s just a few ways to save

Yea, some do it but cmon, you have to know that’s rare.

Look around, you won’t see anyone doing what grandpa did. They have to live a life of luxury now.


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[sasquatch]

You are wise and obviously have seen life beyond the county line.

If you are born to a single parent home, your odds of entering the justice system are higher than a two parent.

If you are born to a teenage parent, your odds of entering the justice system are higher than to a parent 20 or older.

If your parent did not graduate high school, your odds of entering the justice system are higher than if your parent(s) graduated high school.

If you are born to a parent(s) that have been the the justice system, your odds of entering the justice system are higher than if you parent has not been in the justice system.

Every life is precious but some lives are dealt such a poor hand the outcome is very high that precious life in not going to be a productive member of society.

So, as you champion more lives being saved then be responsible and plan accordingly as you line up to support more social programs at higher tax rates to yourself because you want every life to not only be precious but to have a real chance at success rather as a statistic sitting in a prison cell or being buried at a young age when they tried to rob you.

If you think your success in life was mostly due to your decades of hard work rather than being dealt a hand in life that was well above what most people are dealt in America much less the world then please get into the Big Brother or Big Sister program and spend some time serving meals at a local shelter. When you see a 8 year old kid that is getting one good meal a day and has been in 5 school districts so far then you might be a little more humble when telling that kid years later at 18 to just pull himself up by his bootstraps and work harder. The fundamentals that 8 year old has missed will be a head wind to doing well in middle school much less graduating high school. Nutritional deficits negatively and permanently impact brain development. Brain connectors increase in number when someone reads to you as a toddler.

I like to think I worked hard to get ahead in life. My three closest friends in school each later did time in state penitentiary. One did Federal time. My town was poor but most of us were white and had two parents in the home so people from other towns looked down on us but was not racial hate towards us. We were skinny but no one put cigarettes out on us. We had crappy dental care. Educational opportunities were all public schools that lacked significant property tax support so the teachers were not pick of the litter and textbooks were old and science labs were very basic. I had plenty of safety nets compared to peers I never knew as a kid but were growing up with immigrant parents or in homes with substance abuse. I met some of those peers in college and later in grad school. I realized I had safety nets they never had and most of the power brokers in society liked how I looked and that I was male. So, yes, I worked hard but caught some breaks I did not even know were based on things I did not control and am not even sure when some of those breaks happened. Did I out-hustle the other sales reps on my team to get that promotion or was the pool reduced because some did not look like me so never were my competition? Did I get hired because I seemed "like a fit" with Acme Inc's culture which was not very diverse?

There is no free lunch. If you want more babies then some are destined for bad outcomes and that cost needs to come out of additional taxes and more things taken off your porch and from under you vehicle.

Someone realizes you can’t be against welfare abuses while also being “prob life”

The two go hand in hand.

Most of these abortions are not coming from good middle class or higher families that can provide a well being for their children!! Poverty is not fun


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[Cowbell]

Ten states...Alabama, Arkansas, Kentucky, Mississippi, Missouri, Ohio, Oklahoma, Tennessee, Texas and Louisiana.

Pregnancies a year from rape in the US is somewhere in the neighborhood of 32-50K a year, depending on your source, so its not an insignificant number.

92% of abortions in this country are for no reason at all. You can try and justify all you want - but it's still murder.

Buzz / I hope you find a relationship with Christ man - that's a much bigger issue than all this doomsday stuff....

 

[Yoder]

I have a good idea, let's force a 15 year old girl, knocked up by her uncle, to have the baby...that should help with the formula shortage.

Oh wait...that's what we're about to do.

Sounds "reasonable".

No we're not. She could get the morning after pill or she could just go to the next state over if her state would ban it. You are also talking about a very small percentage of baby killings. Maybe you should go on a sex strike or gain 150 lbs, die your hair blue and go protest in front of the Supreme court.

 

[darcytribe]

Thankfully i have insulated myself from all this fiat currency BS with my defi investments over on coinbase.

 

[BuzzH]

92% of abortions in this country are for no reason at all. You can try and justify all you want - but it's still murder.

Buzz / I hope you find a relationship with Christ man - that's a much bigger issue than all this doomsday stuff....

And I hope you find a relationship with science and reality.

 

[Newtosavage]

I can afford my mortgage and don't carry any other debt. Both my wifes and my job are stable and secure. Toys like boats, snowmobiles and cars are paid off.

No worries here.

This.

Never in our history have so many owned so many pointless toys, myself included. When I was a kid, if a family had a boat it was a jonboat with maybe a 15 or 25 hp motor. Very few people had nice fishing boats because they had other priorities for their money. Same is true with ATV's and side-by-sides now. Same is true for hunting leases and hunting trips. Same is true with trucks. Nowdays it's nothing to see a $50k truck pulling a $50k RV "toy hauler" loaded with a $15k side by side because someone wants to go "camping" on the weekend. I see it literally every weekend.

If the economy is so bad, how can "average" people afford all these pointless toys?

Maybe the answer is the economy has been really good for a couple decades now and we're just in for a reality check.

 

[southLA]

I’m convinced that the big push behind open borders is because Our child rate slowed and the population was flattening

This isn't even really that debatable. Populations across the world are getting older and running into labor shortages, with a few exceptions. The US needs cheap labor and it's coming in buses across the southern border.

 

[Gutshot007]

Votes

 

[CoStick]

Please don't feel too bad for them while they roll around in their 2022 $80,000 pickup because 2019's model was a bit tired and they could depreciate the whole thing!

Feel bad for guys in Kansas, Oklahoma, Texas fighting drought. . . Feel bad for cow calf guys that have been marginally profitable for 8 years if profitable at all.

Corn/soybean farmers in the corn belt. . . Nah no worries man, last year was near record profits and this year will still return amazing profits for anyone with a plan. It won't be 2012 or 2021 profitability, but profiting $200 to $400 per acre after all expenses including family living are paid (not to mention all the tax breaks), they will be just fine! Little jimmy might even get a $60,000 "work" truck to drive to school when he turns 16! Crop insurance front end was locked around 5.90 on corn. . . That is very profitable for every farmer I work with if they can raise a crop, and will cover costs if they can't raise one.

(For the record I like farmers and work directly with them, they both literally and figuratively put food on my table as well as many being close friends, but let's just be honest about them. Gone are the days of the meek, salt of the earth, dirt poor farmers (at least in the short term). Now farmers, as a whole, are wealth and very profitable. I'm having conversations along the lines of where do we spend money and upgrade to avoid a tax hit vs how do we restructure our debt to try to get by)

Might be a good time to reduce or eliminate subsidies.

 

[String&stick]

92% of abortions in this country are for no reason at all. You can try and justify all you want - but it's still murder.

Buzz / I hope you find a relationship with Christ man - that's a much bigger issue than all this doomsday stuff....

Heading directly towards thread lockdown so what the hell. . .

So abortion is murder. . . Now let's take the next logical step, a miscarriage occurs. . . We should probably investigate, maybe this woman ate deli meat when she shouldn't have, maybe she exercised too much, maybe she did something the doctor didn't recommend. Should we put her in jail? Laugh all you want it's happened in country's with strict abortion laws!

You say 92% of abortions happen for no reason??? Lovely fake stat. If you think any woman would seek a major medical procedure, potentially jeopardize her future fertility, and risk some severe side effects/results for "no reason" you're crazy.

Abortions occur because a woman doesn't want to have a baby. . . Maybe that's because she doesn't want the fast track to poverty that is single motherhood. Maybe it's because she was raped and even though she didn't report it due to the shame and embarrassment that comes along with the exam/rape kit she decides she doesn't want to raise a monsters child! Maybe she's 16 and wants to go to college and create a good life for herself. Maybe she's 14 and doesn't want to risk damaging her body and altering the entire course of her life, most likely for the worse. I would say the number of abortions that occur on a whim are extremely small.

But you're entitled to your opinion, just own the whole situation. Support increased taxes for: better social programs, more food stamps, paid childcare. Vote for people that support 6 months of paid maternity leave. Campaign for child support payments to begin at conception, if it's a life the man needs to support it too! Vote for free community college so some of these kids have a chance to get educated or get a trade. Child tax credit should kick in with a verified pregnancy by a doctor. Also please vote against the death penalty 100% of the time! A life is a life, period. Last I checked an eye for an eye went away with Christ's death and resurrection. That person has a chance to repent and turn back to Christ so long as they are alive and we should support that and give them that chance!

What I have experienced is that the evangelical right are very hard and fast against abortion, but they are also very quick to judge a teenage pregnancy or an unwed pregnancy and shun the female involved. Instead of loving support it's shame and a cold shoulder most of the time. These are my experiences but I've left 2 churches in very, very hard R republican nebraska over situations like this where the talk didn't line up with the walk. One of them a pastor was given the benefit of the doubt and two girls were scoffed at until more info came out proving them right.

For the right being pro liberty and personal freedoms, they sure like to tell other people what they can and cannot do with their body!

(I'm a conservative but identify more and more as a libertarian before you accuse me of being an evil commie or democrat)

 

[Gman12]

Please don't feel too bad for them while they roll around in their 2022 $80,000 pickup because 2019's model was a bit tired and they could depreciate the whole thing!

Feel bad for guys in Kansas, Oklahoma, Texas fighting drought. . . Feel bad for cow calf guys that have been marginally profitable for 8 years if profitable at all.

Corn/soybean farmers in the corn belt. . . Nah no worries man, last year was near record profits and this year will still return amazing profits for anyone with a plan. It won't be 2012 or 2021 profitability, but profiting $200 to $400 per acre after all expenses including family living are paid (not to mention all the tax breaks), they will be just fine! Little jimmy might even get a $60,000 "work" truck to drive to school when he turns 16! Crop insurance front end was locked around 5.90 on corn. . . That is very profitable for every farmer I work with if they can raise a crop, and will cover costs if they can't raise one.

(For the record I like farmers and work directly with them, they both literally and figuratively put food on my table as well as many being close friends, but let's just be honest about them. Gone are the days of the meek, salt of the earth, dirt poor farmers (at least in the short term). Now farmers, as a whole, are wealth and very profitable. I'm having conversations along the lines of where do we spend money and upgrade to avoid a tax hit vs how do we restructure our debt to try to get by)

Coming from a family of farmers, I am always sympathetic. None of my family or friends farm huge tracts of land and most work several hundred acres up to 2000. I am sure there are plenty out there who have done very well for themselves and that is great news. But the average farmer that I know does not fit that description here in Virginia. There is always the stress of getting timely rains, not enough rain and sometimes too much rain. Equipment breaks at the absolute worst times and having to buy new equipment cost more than most peoples houses.

I am not sure that I agree with your math when it comes to the 2022 crops. It will be a tough year to make money this year with the input costs having increased so much. Chemicals, fertilizer and fuel have doubled (tripled in some cases, ie roundup). If costs rise by 100% and the crop prices only increase this year by 20% then my math says it won't be good for farmers in general.

 

[2531usmc]

This.

Never in our history have so many owned so many pointless toys, myself included. When I was a kid, if a family had a boat it was a jonboat with maybe a 15 or 25 hp motor. Very few people had nice fishing boats because they had other priorities for their money. Same is true with ATV's and side-by-sides now. Same is true for hunting leases and hunting trips. Same is true with trucks. Nowdays it's nothing to see a $50k truck pulling a $50k RV "toy hauler" loaded with a $15k side by side because someone wants to go "camping" on the weekend. I see it literally every weekend.

If the economy is so bad, how can "average" people afford all these pointless toys?

Maybe the answer is the economy has been really good for a couple decades now and we're just in for a reality check.

That’s an easy one to answer

Our economy and our communities are kept aloft on a sea of debt which keeps expanding…until the day it doesn’t.
I‘m old enough to remember what hard times and double digit inflation was like. But the problems then were small potatoes compared to our upcoming challenges with multi trillion annual debts and a total debt load of approx $30T

 

[Broomd]

Don't feed the trolls, guys.
These are the same people fixated on racism and 'white supremacy' when 19 MILLION black babies have been aborted since 1973, I'd be curious to read/study the dire situations related to that, .001, .002% of 'necessary' situations?

The sickness and hypocrisy can't even be quantified.

And for the record...
In 1992 (we were young!) my late wife was diagnosed with cancer, our unborn daughter was in utero. The doctors pleaded for us to terminate the 'fetus' ..wife and I said 'hell no.'
So, our baby got chemo as well as mom.
Mom lived about two years after delivering our healthy daughter, she's 29 y/o now, 6' tall, a gorgeous woman. I WOULD HAVE LOST BOTH OF THEM.

When you read the horror stories DON"T BELIEVE ALL OF THE BULLSHIT. There are very rare cases when termination may be relevant, but most of the time it's a ploy to justify infanticide.

I've been through the fire with this, I can speak from experience.