Housing market trash

benXJ said:
but i was told that we needed to import millions more poeple every year to do all these jobs?! everything is fine! everything is great!

right?!

/sorry
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Bebop said:
I need the number of your dealer, that's some good stuff you're on.
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@Bebop I wish you were right, but @benXJ ain't wrong, he's just exaggerating a point about needing "good" immigrants and extending that over to all immigrants and blowing it out of proportion.

It's not that we need millions more people, its that large corporations need different people so they can get government money, and government needs reasons to give out money to build dependency and condition society. The two have done a great job at working hand in hand over the years, its really nothing new, there's just different ways to manipulate information and perception these days.
 
jeepinmatt said:
government needs reasons to give out money to build dependency and condition society.
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Quoted because this is so very important to understand.
 
jeepinmatt said:
@Bebop I wish you were right, but @benXJ ain't wrong, he's just exaggerating a point about needing "good" immigrants and extending that over to all immigrants and blowing it out of proportion.

It's not that we need millions more people, its that large corporations need different people so they can get government money, and government needs reasons to give out money to build dependency and condition society. The two have done a great job at working hand in hand over the years, its really nothing new, there's just different ways to manipulate information and perception these days.
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Let me try to understand.
Corporations import foreigners because the gov gives them money for this purpose ?
 
Bebop said:
Let me try to understand.
Corporations import foreigners because the gov gives them money for this purpose ?
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The government wants power and control (feigned as importance or hierarchy, goes back to the days of the Constitutional Convention and Federalist papers), and corporations want money. Government has realized that handing out money will help them achieve their goals, but if they do it directly, a large portion of the population will be offended and they won't get re-elected. However, if it is washed through corporations as tax incentives/credits/rebates and special interest programs, people are either unaware, unoffended, or not intelligent enough to understand what is happening. The latest thing is to hire low cost migrants and offer them immigration assistance. I haven't researched enough to know how the government is washing money into this, but I guarantee you they are:
www.dailymail.co.uk

Tyson Foods sacks Iowa staff, offers job-and-lawyer deal to migrants

Tyson Foods seeks to hire 42,000 immigrants this year, and offers them $16.50-an-hour wages and free immigration lawyers in New York, a major destination for asylum seekers.
www.dailymail.co.uk www.dailymail.co.uk
 
Bebop said:
Let me try to understand.
Corporations import foreigners because the gov gives them money for this purpose ?
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corporations lobby the feds/states to bend rules, look the other way, offer incentives and kickbacks, freebies on and on to let low skilled people in by the millions to drive wages down

this also has the double whammy affect of many of these poor, unskilled, destitute people need immediate gov't assistance.....this grows the gov't power over an ever increasing # of people

they can now take more money from you and give it to more people (this is how the gov't derives and holds power)
and what are you gonna do......say something?
how dare you not want to help poor people!
think of the children!
you monster!

and round and round we go
 
Andy J. said:
Everyone who has a mortgage refinanced to sub-3% and is locked in. Everyone who needs a mortgage is locked out. Good times.
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Crazy part is that if covid didn't happen, it most likely wouldn't have dropped below 5-6%. But, housing prices would not have inflated the way they have. So, I guess it's a wash.
 
benXJ said:
Not in Raleigh. Houses are still stupid expensive and are selling even at 7% interest rates.

Even the fed sees this and isn't budging
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Try to buy a house in a place like Brevard, Hendersonville, Asheville or similar mountain towns. No negotiation on price and most buyers are all cash.
It's good for homeowners like me but bad for locals trying to buy.
 
Jody Treadway said:
Try to buy a house in a place like Brevard, Hendersonville, Asheville or similar mountain towns. No negotiation on price and most buyers are all cash.
It's good for homeowners like me but bad for locals trying to buy.
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thats what i was saying?

houses are still selling at stupid prices.....financed or not.

houses are moving, money is flowing. interest rates are staying.
 
CasterTroy said:
See also Blackrock
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This, i am hearing rumours of large corporations coming in and trying to buy land. Again it's only hearsay but I can believe it. The river arts district isn't going to come back because the folks that were there can't afford the risk of rebuilding or the expected cost of insurance. But massive companies don't care, the storm will have most likely changed this city and surrounding areas permanently.
 
Monkeynono said:
This, i am hearing rumours of large corporations coming in and trying to buy land. Again it's only hearsay but I can believe it. The river arts district isn't going to come back because the folks that were there can't afford the risk of rebuilding or the expected cost of insurance. But massive companies don't care, the storm will have most likely changed this city and surrounding areas permanently.
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I suspect that some areas (Asheville, Chimney Rock, etc) will be similar to what happened in Gatlinburg. After the fire devastated much of downtown, the family businesses ended up having to sell to corporations, because rebuilding was too costly.
 
benXJ said:
thats what i was saying?

houses are still selling at stupid prices.....financed or not.

houses are moving, money is flowing. interest rates are staying.
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I'm agreeing with you. Pointing out other areas are like Raleigh.
People want to live in places like Raleigh where you can make a good living and/or places like I mentioned where there's an abundance of natural beauty.
 
NC is full of those exceptions: Raleigh metro, Charlotte Metro, anywhere near a heavy tourist location such as Asheville/Boone/NC Beaches. I am confident things will get WORSE in the real estate market in the mountains becuase you have THOUSANDS of people displaced and suddenly in search of a home, AND less homes available. The market was already high, but I imagine the next couple months will be STUPID.
 
jeepinmatt said:
NC is full of those exceptions: Raleigh metro, Charlotte Metro, anywhere near a heavy tourist location such as Asheville/Boone/NC Beaches. I am confident things will get WORSE in the real estate market in the mountains becuase you have THOUSANDS of people displaced and suddenly in search of a home, AND less homes available. The market was already high, but I imagine the next couple months will be STUPID.
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For sure rentals (long & short-term) will atleast. I suspect that the costs of new construction will hits highs again, maybe higher than during covid, as these towns begin to rebuild, and there are only no many people and supplies to go around. The part that has me curious, will construction slow in other parts of the state from contractors heading up there for projects?
 
justjeepin86 said:
Crazy part is that if covid didn't happen, it most likely wouldn't have dropped below 5-6%. But, housing prices would not have inflated the way they have. So, I guess it's a wash.
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Nah interest rates were sub 5% LONG before covid.
Freddie crossed the 5% threshold in April of '09.
It didnt come back up over 5% until May '22

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paradisePWoffrd said:
For sure rentals (long & short-term) will atleast. I suspect that the costs of new construction will hits highs again, maybe higher than during covid, as these towns begin to rebuild, and there are only no many people and supplies to go around. The part that has me curious, will construction slow in other parts of the state from contractors heading up there for projects?
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I kind of doubt it will slow elsewhere. Our state is a pretty great place to live/work compared to a lot of others.
We're already seeing more immediate material needs up here. Really can't get material in quickly enough to get it out.
 
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