For the Superbird? Idk but that’s crazy. Family sold it after the buyers passing iirc. Lol
The majority has a shot. Click the up arrow in quoted post to see results from 12/2024. Let’s run the same poll since we are midway through the year!
Where will the S&P close at the end of 2025?
- <5400
- 5401-5800
- 5801-6200
- 6201-6600
- Over 6600
0
voters
Poll closed. Nice distribution with 6201-6600 slightly edging out over 6600.
Nice to see LH is allergic to bears! 
He hates Trump so much, that he can’t even hide it. 
3 Likes
they both expect shit to hit a fan. And for Trump Powell is a perfect scape goat. “Not being able” to fire him as a win-win. He can always say the economy crashed because of the rates, not tariffs, gov policy, etc.
Watch the video with Trump and Powell. Can’t make it up (adds some more to the above about the firing).
They gonna limit section 8 to 2 years. Guess it’s time to find new tenants.
This is going to kill small towns and other economically depressed areas like coal country and the rust belt. There’s an whole industry in real estate that’s basically buying in the midwest and doing section 8 there. If S8 is cancelled, you’re going to see major issues in states like Ohio, Michigan, Western PA, KY, etc.
2 Likes
It’s about tenant rotation. It won’t hit rental income - just need to pick up new tenants every couple of years.
Which means vacancy rates increase. Which means rental income goes down. Which means cap rates get compressed. It doesn’t really affect me all that much cause I’m in SJ though.
Section 8 is notorious for being slow to inspect and slow to pay. Leaving an apartment empty for a month is normal due to extended inspection times. So if you have a new s8 tenant every 2 years, you lose anywhere from 2-3 months of income.
2 Likes
And what’s the probability that s8 tenants who ‘lost’ their eligibility suddenly able to pay the rent or willing to move out without eviction notice.
1 Like
The probability of me getting a GT3RS is higher. So add another month or 3 depending on what state/county you’re in. S8 is objectively a trash program but, landlords put with it because it’s guaranteed and forever. The program is so bad that states like NJ force landlords to take it. What people don’t realize is that S8 isn’t “free” rent, it’s heavily subsidized rent to the tune of 500-1k a month usually. People are still required to pay 30% of income to housing.
2 Likes
Has anyone ever seen a market that only goes up. Seems unbelievable.
Historic highs everyday. Stocks just keep rising…
Guess the consumer can now afford even higher priced leases with all the free money they are banking from a continously rising stock market.
Yes, since the S&P 500 was created over 60 years ago, it has only gone up with some bumps along the way.
1 Like
The value of the dollar is going continuously down.
2 Likes
that’s why the market is up
So basically we have a falling dollar which leads to inflationary pressures yet they are screaming to lower rates…
Ahhhh got it…
So markets up dollar down and everyone is cheerful and happy with this. .less purchasing power yet your costco stock just went up 92 cents. Ahhh haaa. Brilliant.
I did not cheer - I am an idiot who bet against market
Very ironic that you chose Costco as the example winning stock when it just dipped this month lol
1 Like
Doesnt matter the stock i chose it was just an example how everyone is cheering market highs yet at the same time their purchasing power is declining at an alarming rate…
Aside from that its really the poor and working middle-class that feel it the most …the few shares of nvdia or pltr they own isnt going to cut it when the premiums on their insurance and groceries are outpacing their threshold of purchasing power because of an ever declining and collapsing dollar…
Oh wait i forgot, lets invest in bitcoin
Haaaaa…that will save the masses from the collapsing dollar. Rihhttttttt
1 Like