Only makes sense if the interest rate is higher tgan inflation.pay off credit

Sign up, and you can customize which countdowns you see. Sign up

Report problem with this ad

Apr 1, 2021
8:07:42am

Backcountry All-American

Only makes sense if the interest rate is higher tgan inflation.pay off credit

Cards, but take on as much mortgage as possible.

Report problem with this ad

Backcountry

Previous username: The Lone Wolf
New username: Simple Jack
Bio page: Backcountry
Joined: Sep 6, 2008
Last login: Aug 8, 2023
Total posts: 0 (0 FO)

Report problem with this ad

Messages

Author

Time

Why home prices will probably abate soon enough

grosven

3/31/21 10:31pm

I have to believe a major correction will happen when evictions resume.

shoganai

3/31/21 10:33pm

Are we referring to foreclosures here?

Parkercoug82

3/31/21 10:34pm

I'm assuming rental evictions will have some effect, as well.

shoganai

3/31/21 10:35pm

How so? So a bunch of people get evicted and then what? Where do they go?

brazilcoug

3/31/21 10:45pm

They reenter the market as low income, high risk tenants.

shoganai

3/31/21 10:50pm

Yeah, but how does that hurt the market?

brazilcoug

3/31/21 10:53pm

I would assume a sudden rush in low-income demand would create downward pressure

shoganai

3/31/21 10:56pm

In the case of Vegas, tons of people living here rent free despite record

Jericho

3/31/21 11:45pm

This has been occurring in the CA real estate market for a few decades.

BringBackRoyalBlue

3/31/21 10:34pm

Once families decide to live multi-generational under the same roof, it

Jstak17

3/31/21 10:40pm

Either that or with new minimum wage and inflation

cougarfann888

3/31/21 10:35pm

Rising interest rates will halt the rise.

3/31/21 10:37pm

Coupled with, purchasing power mean reversion, the effect could be significant.

grosven

3/31/21 10:46pm

It’s a mix of low interest rates left over from Trump mixed with stimulus money

cougarblue

3/31/21 10:39pm

Um...yes....interest rates have been to low

byukarl

3/31/21 10:41pm

Monthly payment matters, not necessarily the price. With interest rates this low

Backcountry

3/31/21 10:44pm

Be very interesting as inflation ticks up. Pressure will build to increase

Jstak17

3/31/21 10:47pm

I agree. This is a fascinating time. Central banks and the government have

Backcountry

3/31/21 10:53pm

In general, what is the best thing we can do to protect us from Real inflation?

JohnnyC

3/31/21 11:01pm

Eliminate debt and invest in inflation hedges.

shoganai

3/31/21 11:13pm

Eliminating debt doesn’t make sense with inflation right?

kotacoug

4/1/21 1:17am

Is it fixed rate or variable? If fixed, then keep it. If variable, convert to

4/1/21 1:23am

Only makes sense if the interest rate is higher tgan inflation.pay off credit

Backcountry

4/1/21 8:07am

Honestly, I'd love to know myself. I've committed hours every day for the last

Backcountry

3/31/21 11:18pm

IMO, Best to cover all bases if you can. Consider it as insurance 4 the unknown.

grandpacoug

4/1/21 9:20am

Appreciation will slow, but housing prices will not decrease. Loan standards are

valleus

3/31/21 11:28pm

Honestly, this seems like the likeliest story here-- a tale of two types of

jkccoug

3/31/21 11:32pm

Why worry? Last time this happened it turned out fine . . .

jkccoug

3/31/21 11:31pm

Tell this to Europe... We might see a small correction, but I doubt it. Not with millions coming in as well.

EternalOptimism

4/1/21 2:11am

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad