People will eventually pay the piper.
We are headed for one hell of a crash
- Thread starter divinnole
- Start date
That is largely to do with the renter eviction ban policy. It’s set to expire at the end of June but no doubt the manic money printer will come to the rescue.
yeah but you can only kick the can so far down the street before it’s time to pay the piper, right?
at some point, no pun intended, but rent is gonna be due..
Unless they are kicking it far enough down the street that people are all back to work and mostly caught up on bills
In the SE, it's not a supply issue for wood. It's a production issue. Can't manufacture the wood because many sawmills shut down. You can't just restart them in minutes. Demand caught everyone by surprise and now we're dealing with the effects of the closings. Plenty of supply in our region. Hence why the logger isn't gaining and the mfg is.
Yeah, but unfortunately, when they have to pay rent again they will just move out and all the landlord is left the security deposit. Been there.
All this policy has done is screw folks that have a rental home.
Swell. More retired New Yorkers in Florida. They bring here the same insanity they claim they are trying to get away from. 😀
This is the nightmare no one realizes... the trickle down this causes is unreal. It's similar to debt forgiveness of all kind. Who's going to pay for it? The middle class which is not going to see a pay raise from a $15 minimum wage or any kind of progressive ideology.
We're heading to weird times and the lunatics want to tax people to a point where half if not more of the country will gross the same income after taxes. What's the point of making $120k a year when the final amount earned is that of a cashier at Wal-Mart?
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I wouldn't say that. The new blue state isn't the same it was 20 years ago. Bill Maher is starting to look left of center which is scary. We are in weird time and hopefully we evolve into a true Republic as intended. State rights have been increasingly growing stronger and stronger the past couple years which is how it should have been for a long time.
He used to be the definition of the far left, the medium has shifted... he's even pointing out some lunacy.
The problem is, relatively speaking, nobody watches that. Social media is the devil.
Ya... it manipulates everything. I'll argue the world is the same as it always has been, we just learn about stuff instantly instead of weeks or months later.
That and certain people are just obsessed with being outraged about anything and everything. That mindset and manipulative media is the perfect storm to infect the masses that are just too lazy to verify anything that they hear for themselves, or just don’t want to diminish the narrative they have attached themselves to.
Exactly... they want to feel important so they scream real loud through their twitter feed
Not likely. Everyone has been talking about inflation risk all year. Yet, the price of gold has fallen. Think about that....
Further, it would be hard for the dollar to "tank" if the fed is raising rates to fight inflation.
My point earlier was that there is nothing special or unique about the lumber under the brand Yella Wood.
Almost every lumber yard sells pressure treated wood. Not a knock on Yella, just a fact
Anyone that wants to work, is already working. There are help wanted signs everywhere. Only bums aren't working right now
He helped create a lot of the lunacy.
"Bums" is a pretty large group right now.
Do you know how trees work within the context of the environment? Do you know what a Carbon Sink is?
Sure, might be nutty in a vacuum-context, but on the whole, Carbon Sinks are good. They use Carbon and convert it into Oxygen, thus cooling the immediate atmosphere whilst increasing the chances of the ecosystem to survive.
I'm a hippie by heart, and a Centrist (try to be) by politics, but I hope you have enjoyed this discussion in Biology 101.
Carbon dioxide has a negligible effect on local temperature as compared to something like water vapor.
I'm not poopooing global warming or anything, as that's a global macro issue, but carbon sinks are not helping your local temperatures compared to other factors.
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Received a weird and carefully-worded "warning" from my marina that the staff in the bar/restaurant on Mother's Day might be "limited." TRANSLATION: "we can't guarantee that we can find enough people to work on a busy Sunday....some of our usual staffers have not yet blown through their stimulus checks, so please be patient with us as we work through a delicate situation." LOL.
I guess there are those that want to turn GA into something similar to the republic of California. Lot of thick underbrush and trees and a potential fire hazard. And as always, let the consumers pay.
Lots of people taking advantage of the supply and demand situation. Price gouging. Many items are 6x times normal prices. I reload cartridges for my rifle and handguns. In the past, you could get primers for 45 dollars for 1000 primers. If you can even find primers, they are now typically 250 dollars for 1000 primers. Just an example. WE really need to have consumer protection laws back in place. Corporate America is taking over the country nowadays.
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Come on down, just please leave NY style politics in NY : )
I would like to respectfully disagree....I do not see demand for housing changing for many years....builders have been under building for years and the demand for housing is not going away...unless a lot of commercial and retail space can somehow be repurposed into housing it is just going to take a long time for supply to catch up. Especially the demand for housing is going to be very great in small to medium sized cities in red states with healthy job growth.
Maybe. I do not think the growth in the stock market reflects the reality for normal hard working folks.
IMHO this is another example of our government doing something really dumb by not letting tenants have the normal fear of negative consequences of not paying....who does the government think is going to be willing to rent to these people once they finally get evicted??? I wouldn't.
Been there, done that, or at least 2 out of 3. Seen it all before.
Stock Market............yea maybe.
Real Estate.......depends on where, but Florida definitely big check.
Crypto.........greater fool theory.........never ends well for the holders at the end. (the end is unknowable)
I am working for builders in East Tennessee. If a loan for a 250 to 400k house falls through, we could sell the house 50 times over in one day. Crazy.
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Most of it, yes, but the politics are making it unlivable.
Very smart. I put 25 % down and doubled my mortgage payments every month and a few times threw 10k at a monthly payment and paid my house off in five years. It was my priority.
It takes a special kind of stupid not to understand this.
Desantis working on this problem currently.
