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New 2024 Committment According to Ben Steele: Joshua Clark by TAMU, Knower of Ball
[Today at 12:12:48 AM]
[Paint Touches] What does the potential NCAA settlement mean for MU? by TAMU, Knower of Ball
[May 22, 2024, 09:36:22 PM]
NM by mu_hilltopper
[May 22, 2024, 07:26:16 PM]
[New to PT] Big East Roster Tracker by rocky_warrior
[May 22, 2024, 06:25:06 PM]
Recruiting as of 5/15/24 by BCHoopster
[May 22, 2024, 06:19:00 PM]
So....What are we ranked on Monday - 11/1/2024? by tower912
[May 22, 2024, 01:36:06 PM]
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81
Over the past five years he has purchased two rental properties and is doing great.
I had to chuckle. Sounds like a terrible economy the government has created for him. lol.
82
Which I admitted was a personal anecdote that could lead me to be biased.
But again, I await your data-based dunking.
Income disparity increases every year Wage growth has been basically flat until the last year or so, and even then it isn't keeping up with inflation Housing/rent prices compared to earning power Unemployment during prime earning years (10% in 09 as a lot of millennials were graduating, and it took until 2016 to come under 5%) https://www.theatlantic.com/sponsored/deloitte-shifts/making-it-millennial/259/It's from 2015, but it explains why Millennials got very slow start to their adulthood.
83
« Last post by tower912 on May 22, 2024, 04:45:16 PM »
Both can be true. Actually, all can be true. Say it with me, gentlemen, there are always headwinds.
84
I have dozens of friends in their 30s who it took months to buy a starter home. The old folks are staying in their homes longer and only moving out when they're loaded into a hearse. Couple that with a massive lack of new builds and the housing market is less attainable for entry than ever for Americans.
I suggest you do a cursory search on the MLS of what you consider a starter home, and look at what they cost and how few there are.
Yeah, but he was right about how hard the 70s & 80s were for young people, don't minimize that. Stagnant wages and crazy inflation coupled with sky-high interest rates. The 70s economy was really rough, and the economy today is not rough at all relatively. https://www.federalreservehistory.org/essays/great-inflation#:~:text=This%2C%20then%2C%20became%20the%20era,unemployment%20was%20over%207.5%20percent. 1974 - inflation over 12 percent, unemployment was above 7 percent, interest rates 10% 1980 - inflation near 14.5 percent, unemployment was above 7.5 percent, interest rates above 13% Mortgage rates weren't back below 10% until 1991.
85
I have dozens of friends in their 30s who it took months to buy a starter home. The old folks are staying in their homes longer and only moving out when they're loaded into a hearse. Couple that with a massive lack of new builds and the housing market is less attainable for entry than ever for Americans.
I suggest you do a cursory search on the MLS of what you consider a starter home, and look at what they cost and how few there are.
location location location My B-i-L is now in assisted living in Peshtigo, way up nort. We are selling his home on 2 acres in Amberg, just accepted an offer on Saturday, 5K above asking but still just $60K .
86
The settlement is ridiculous but schools like MU are stuck.
Really hope to hear some good news regarding the Big East and a new Fox broadcasting deal soon.
87
Rocky
My middle son has an accounting degree and decided to become a mechanic instead. Over the past five years he has purchased two rental properties and is doing great. There is no doubt that you can do very well investing in real estate. My son is very fair on rent cost and will end up in great position down the road.
My generation would have been better served if more than a few of us entered the trades instead of college.
88
Not sure if it's been brought up here yet but the new chase sapphire lounge at LGA is very nice. need to keep expanding that network of lounges.
89
People who live in glass houses shouldn't throw stones!
I have dozens of friends in their 30s who it took months to buy a starter home. The old folks are staying in their homes longer and only moving out when they're loaded into a hearse. Couple that with a massive lack of new builds and the housing market is less attainable for entry than ever for Americans. I suggest you do a cursory search on the MLS of what you consider a starter home, and look at what they cost and how few there are.
90
« Last post by Goose on May 22, 2024, 04:27:36 PM »
Rocky
My middle son has an accounting degree and decided to become a mechanic instead. Over the past five years he has purchased two rental properties and is doing great. There is no doubt that you can do very well investing in real estate. My son is very fair on rent cost and will end up in great position down the road.
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