April 3Apr 3 1 minute ago, FrankPizz said:In 2005 when I was buying, 500 billion is now 900 billion in 2026. So home prices then in 2005 adjusted to inflation now is similar really.Our whole economy is based on bullshit at this point. We dont make anything abd just about every job created last month was in Healthcare. Its not sustainable.
April 3Apr 3 11 minutes ago, FrankPizz said:My first condo was 279, its now going for 415. Our combine salary then was like 62k, now those same jobs combined are probably 100k. Very similar really.You're the exception to the rule. In metro areas housing is triple the costs what they were 20 to 25 years ago. Wages are not. And it doesn't track linearly. If you make 50k maybe you can swing a 300k purchase with a good rate. If you make 150k you're not swinging 900k lolInterest is much more, insurance is more, taxes are more, etc.
April 3Apr 3 Just now, Sundog said:You're the exception to the rule.In metro areas housing is triple the costs what they were 20 to 25 years ago.Wages are not. And it doesn't track linearly.If you make 50k maybe you can swing a 300k purchase with a good rate.If you make 150k you're not swinging 900k lolInterest is much more, insurance is more, taxes are more, etc.Maybe suburbs are the exception. Metro areas have always been overpriced for what you get imo. The closer to the city, the more you will pay. Metro areas you can get away without having a car too. When I went into NY for work a few weeks back, like no one had a car, and if they did, it was one for the family. Having 5 cars here sucks
April 3Apr 3 Just now, FrankPizz said:Maybe suburbs are the exception. Metro areas have always been overpriced for what you get imoYou're not going to get a 25 year old to buy in the middle of nowhere though. They need a job. Odds of success are higher in more densely populated areas.
April 3Apr 3 Author 55 minutes ago, Snowlover76 said:Even here its stupid overpriced.A little, it was always about 5 times annual average salary, so out here is relatively fair.But in the east, it's absolutely ridiculous. And then you pile on ridiculous property taxes.
April 3Apr 3 Author 17 minutes ago, Sundog said:You're not going to get a 25 year old to buy in the middle of nowhere though. They need a job. Odds of success are higher in more densely populated areas.Maybe, maybe not. A lot more young people are working online these days. I think it's more about night life and things to do for young people.
April 3Apr 3 Author 21 minutes ago, Snowlover76 said:This isn't sustainable at all long termIt might be. As people live longer, they also stay sick longer.
April 3Apr 3 11 minutes ago, Analog1888 said:It might be. As people live longer, they also stay sick longer.Boomers are mostly going to be gone in 10 years. Its not sustainable to be a nursing home with nukes. You need a diverse economy
April 3Apr 3 Author 5 minutes ago, Snowlover76 said:Boomers are mostly going to be gone in 10 years. Its not sustainable to be a nursing home with nukes. You need a diverse economyAI and outsourcing are part of the problem. And I'm not sure there's a solution to either one.
April 3Apr 3 6 minutes ago, Analog1888 said:AI and outsourcing are part of the problem. And I'm not sure there's a solution to either one.Oracle just cut 30k. Willing to bet a lot of that 30k will be either outsourced to India or will be H1B slaves. Larry Ellison is a world class shitbag
April 3Apr 3 16 minutes ago, Snowlover76 said:Oracle just cut 30k. Willing to bet a lot of that 30k will be either outsourced to India or will be H1B slaves.Larry Ellison is a world class shitbagIt was already reported that they applied for over 3,000 H1Bs even as they did the layoffs. And people are pissed off. https://nypost.com/2026/04/02/us-news/outrage-over-oracles-thousands-of-h-1b-requests-amid-layoffs/
April 3Apr 3 Infrastructure isn't sexy to the donor class though. And Republicans always melt down over spending for things that benefit Americans but could care less about 1.5 trillion on defense spending
April 3Apr 3 2 hours ago, Snowlover76 said:Infrastructure isn't sexy to the donor class though. And Republicans always melt down over spending for things that benefit Americans but could care less about 1.5 trillion on defense spendingThis is what I'm talking about. This looks really bad.
April 3Apr 3 Author 2 hours ago, Snowlover76 said:Infrastructure isn't sexy to the donor class though. And Republicans always melt down over spending for things that benefit Americans but could care less about 1.5 trillion on defense spendingYeah I could definitely support infrastructure. My area has nice roads, but plenty of America could use better roads, railroads, and airports
April 3Apr 3 17 minutes ago, Sundog said:This is what I'm talking about. This looks really bad.The US loses ever war game vs China.I don't like it either but the US is alone in this Globalists world man.Im not sure we have a choice. I know its hard to see the future but the US has built Chinas military and their goal is to displace the US.I want infrastructure too - but we are in a bad spot here
April 3Apr 3 4 hours ago, Snowlover76 said:Oracle just cut 30k. Willing to bet a lot of that 30k will be either outsourced to India or will be H1B slaves.Larry Ellison is a world class shitbagA.I
April 3Apr 3 2 minutes ago, THE GREAT Ben Solo said:The US loses ever war game vs China.I don't like it either but the US is alone in this Globalists world man.Im not sure we have a choice. I know its hard to see the future but the US has built Chinas military and their goal is to displace the US.I want infrastructure too - but we are in a bad spot hereIt won't help us in the end if these actions usher in a leftist government. The optics are really bad.
April 3Apr 3 19 minutes ago, THE GREAT Ben Solo said:The US loses ever war game vs China.I don't like it either but the US is alone in this Globalists world man.Im not sure we have a choice. I know its hard to see the future but the US has built Chinas military and their goal is to displace the US.I want infrastructure too - but we are in a bad spot hereWe also lose the battle against the debt which will be well over 40 trillion by the end of the year
Create an account or sign in to comment