2024 U.S. Presidential General Election Thread

[ADevilYouKhow]

https://www.wsj.com/politics/elections/trump-arlington-cemetery-visit-harris-walz-542a91b3

Wow

 

[Jesus H. Christ]

I think I'm done poll watching (!!!!)

I won't believe anything until election day.

 

[CrimsonTider]

They are though.

Take the median housing price of Q2 2024 which is 412,300. The average 30yr fixed conventional as of today is 6.34, now let's say you put down 5% on that house. At today's current rate, the P&I is ~2,435 a month.

Drop that rate down to 4% and the P&I will be ~1,870. That's $565 a month breh. That amount keeps many FTHBs out of the market as many can not swing that much a month. Now mind you we just hit 6.34 as rates have been hovering around 7 since mid-2023.

it doesn’t work like this, A lower rate will lead to an Appreciation in home prices.

Theres still a lot of house at that price they’re just not in areas that FTHB want to live in.

focusing on the rate is not realistic

 

[PoorAndDangerous]

first time buyers can get like a 5% mortgage through the fha but you're dumb ass doesn't know anything about the world around you

They have 100% financing options on ARM’s too

 

[Hood Critic]

look at this idiot, bragging that mortgage rates "fell" to 6.4 when they were 3 before covid

i'm not the one trying to create a reality. have some fukking shame

Thank you for proving my point stable genius #2.

Triple A mortgage rates before covid were 3.65-3.75%.

The average person was getting 4-4.25%.

 

[CrimsonTider]

I don't see why people keep pushing that stat. Home prices have trended up since 2000 sans the calamity of 2008. I do remember some of my neighbors getting some insane offers during the pandemic.

No one wants decreases because that means unemploymen and negative gdp growth

 

[I Really Mean It]

trump is losing it.

 

[CrimsonTider]

That's because interest rate is 7%.

When adjusted for a lower rate it's under 2K. I belive the interest rate will be cut after election. It has to be....too political now for the fed to cut rate

Interest rate cuts will make home prices increase even more.


there Isn’t going To be discounted homes unless the Great Recession repeats itself

 

[the cac mamba]

Triple A mortgage rates before covid were 3.65-3.75%.

and then they doubled, because we printed 3 two trillion dollar covid bills without paying for a dime of them

 

[I Really Mean It]

i know how mad Blue MAGA gets about bringing up objective facts, i'm not necessarily blaming biden or kamala for inheriting an inflation time bomb, but the fact is that they did. it's a tough problem to be incumbent for

the spectator? why do you keep posting bad faith journalism? you look sus constantly posting tweets from far right sources.

 

[the cac mamba]

the spectator? why do you keep posting bad faith journalism? you look sus constantly posting tweets from far right sources.

i don't know or care what the spectator is. objective facts are objective facts

feel free to find me a better graphic on twitter, and i'll replace that tweet, so as not to offend your tender sensibilities. bonus points if you find me a left wing source addressing the difference in monthly mortgage payments

 

[Adonai]

it doesn’t work like this, A lower rate will lead to an Appreciation in home prices.

Theres still a lot of house at that price they’re just not in areas that FTHB want to live in.

focusing on the rate is not realistic

I'm not sure what you're trying to say. Houses, in general, will always appreciate unless there's a recession. I just pointed out that FTHBs are priced out of the market due to interest rates more than current prices.

 

[I Really Mean It]

i don't know or care what the spectator is. objective facts are objective facts

feel free to find me a better graphic on twitter, and i'll replace that tweet, so as not to offend your tender sensibilities. bonus points if you find me a left wing source addressing the difference in monthly mortgage payments

spectator isn’t real journalism; it’s an incredibly slanted, pro-tory rag.

it’s the type of actual fake news that trump conspicuously ignores while disingenuously harping on about the mainstream media’s bias.

 

[the cac mamba]

spectator isn’t real journalism; it’s an incredibly slanted, pro-tory rag.

it’s the type of actual fake news that trump conspicuously ignores while disingenuously harping on about the mainstream media’s bias.

well luckily i can just run the numbers on my own fukking mortgage from 2020, compared to what it would cost to buy today, to verify that what they're saying is true

what the hell are you denying, breh? houses went up. the interest rates went up. so monthly mortgage went up

 

[88m3]

nice grammar, dumbass. and only a shameless, dikkeating shill would try to pretend that the cost of homeownership hasnt skyrocketed since 2020

Blue MAGA for the win

You're wrong as usual but keep yelling at clouds and moving goal posts

it's funny watching you scramble to make things up to "win" online

his point about 1st time homebuyers is valid

eat shyt