I mean I'd rather not see your posts either all things being equal.

If u live in CA25 vote for Cenk today, its a movement to separate corporation and state and now is the chance.

I'm not sure if anything interesting is happening in politics today but my offer on a house was accepted, so I'm excited.

Also now I have to ****ing move.

Congrats! May you find the nittiest inspector and the odds be ever in your favor etc.

Thanks! We're getting the nuttiest inspector In town anyway.

My phone autocorrected that but I'm a leave it.

The nuttiest nit should be fine.

Is this your first house owning?

If so, congratulations and welcome to taking the biggest step from a proletariat to a capitalist.

I'd say that's probably as good an incentive as any to make the path to home ownership a reality for everyone vs being forced into renting for life. American Dream and all that jazz

I bought a condo in like 2005, so this is my second foray into home ownership. We've been renting for the last few years though.

Maybe we should do more of this

https://www.sciencedirect.com/scienc...49386720300050

I'm sure the party that brands itself as pro-life will adopt the policy post-haste.

Congrats

There's no excuse to have lawn furniture in your living room now though

Congrats...

That's a weak. Infant mortality would drop if we spent trillions of dollars to expand Medicare to the world. Why stop at the US?

And for the record, I took a pass on the low-hanging fruit and infant mortality in abortion.

I've moved the Nathaniel Woods conversation to its own thread:

https://forumserver.twoplustwo.com/2...ystem-1764212/

Sounds fine to me.

WN,

I just closed on a house Monday. First time I've closed on anything since 2005. Times have changed. You're gonna be harassed for weeks by your agent, loan officer, and attorney.

Either way, congrats on this step.

Why stop at a trillion? Let’s do 100 trillion.

Identity politics & neo liberalism

On one hand, mortgages have never been cheaper. On the other, I think house prices are inflated. If you're going to risk overpaying for a house, now is definitely the time to do it.

One thing COVID-19 has done for me is save $1000 in hotel costs this week. I booked hotels in Vegas for the 10th-17th back in January, but I'm getting a $1000 credit after calling my agent to try and rebook at the new coronavirus rates. If I show up tomorrow and don't see anyone else in the lobby, I'm hoping for a free upgrade to the Presidential Suite.

A complete lack of warm bodies in Vegas probably means the slots are going to be tighter than [inappropriate reference here], right? I am not much of a slots guy, but with the entire family in tow, there won't be much time to sit at a poker table.

There is nothing to suggest interest rates are going up in the next few months, and there are definitely some reasons to think that home prices could lag the market. It would seem to be a horrible idea to buy right now and not wait a couple weeks or a month to see what happens there.

Home supply right now is essentially non-existent. With rates being so low and there still being useful first-time home buyer programs, demand can only go up from here.

So while it's not ideal that the stock market is currently shitting itself, I can't imagine housing prices will really go down that much in the short term.

The risk is definitely that people look to tap into equity and sell high, jacking up supply. But why would they? People are employed and making more than they were before. They're able to refinance if they're in a tough spot, and with employment opportunities at an all time high, there aren't many people needing to move for work. So unless you think a lot of people are about to downsize or become renters, I just don't see where the home supply comes from.

Oh yeah, no way that changes.

Why would it?

Oil prices going down means energy is cheaper and is usually fantastic for economic output.

I'd accuse you of being part of the camp who thinks that the DJI is somehow linked to the overall economy, but it's been way way up and we've had a Republican in office, so that can't be right.

What has changed since a month ago, beyond the prospect of a lot of old people dying off and thus no longer suckling on the public teat?

Bernie is toast, so there's no reason to be a bear on the economy going forward.