The Stock Market Is Not The Economy Thread II

[Meresgi]

we been starting to look, hope that shit drops as much as possible

You can buy a house in a shit part of Albuquerque NM for only 400k now

[Byrthnoth]

Rates are going way up, so it makes sense that sticker prices drop. Lenders are taking their cut.

[Day]

terrible time to be looking right now I know that, rates are up and so are prices fml

[Salodin]

terrible time to be looking right now I know that, rates are up and so are prices fml

Don't worry homey, were getting in now and can refinance like all these other Kings during the next Republican boom in 4-8 years

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[Malithar]

I dunno much about the housing market or how it all works. I bought my house about 22 months ago for $140k and got the gears moving to get it sold about a month ago. Listed at $180k and got an offer within a day for $199.5k. We're just waiting on loan approval and the appraisal now. I had put $18k~ into it, but that amount still shocked me. Hoping that things don't tank before the appraisal hits and they low ball me.

[Salodin]

I dunno much about the housing market or how it all works. I bought my house about 22 months ago for $140k and got the gears moving to get it sold about a month ago. Listed at $180k and got an offer within a day for $199.5k. We're just waiting on loan approval and the appraisal now. I had put $18k~ into it, but that amount still shocked me. Hoping that things don't tank before the appraisal hits and they low ball me.

Fuck this economy lol

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[synistar]

My dad's house has gone from $800k to $1.3M for just existing the past 3+ years.

There's a fucking section of stucco that I haven't bothered getting repaired since pre-pandemic because someone else who will buy it will rip up that entire wall, rewire the house, modernize everything, then flip the house for $2M+

[Buffy]

My “pay off the house summer 2022” plan has not enjoyed the recent stock price swoon

[archibaldcrane]

Lol

https://twitter.com/ChrisJBakke/stat...S5oC4xYFA&s=19

[archibaldcrane]

https://twitter.com/JStein_WaPo/stat...-jCaG7mdA&s=19

[Yabby]

Bandaid on a bullet wound, but better than nothing. Just enough of a carrot to get some votes in the mid-terms.

[archibaldcrane]

Self-inflicted gunshot tho

[Salodin]

Don't care, free 10k. If they can make it so student loans aren't held against you as heavily for debt to income purposes that'd be great too

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[Penthesilea]

Or just make the loans under a percentage point.

[Fondue]

does this mean I should take out a loan for the last year of my degree?

[archibaldcrane]

does this mean I should take out a loan for the last year of my degree?

Literally

Probably yes, worth the risk at least

[kuronosan]

Meh, only like 5% of mine but if it helps others whatever.

My guess is they let loans go into repayment. $10k is essentially interest at this point.

[thetruepandagod]

Literally

Probably yes, worth the risk at least

this better not fuck me archi

[Andalusian girls]

have exactly 10,500 in student debt lesgo

[Jaybar]

This is only Federal loans, right? Not private? Can't recall if the Parent Plus loans fall under that because it could effectively be 20k I get forgiven since that one is under my mom's name.