Dr. Boomer knew how to push your buttons, i see.probably need to add a paragraph about income stagnation
Had a fun conversation with a boomer MD about how residents now have it so easy now with their 58k salaries because back is his day 1977 he only got paid 18k.
The button pushing came with the sexist shitDr. Boomer knew how to push your buttons, i see.
Much easier to understand than previous post
I will let you know when I do so at least one of us can make money. Opened limit up again today and quickly switched to limit down. Speculators...
Change that walnut farm idea to a pot farm, and you will make a bunch of new friends!Oh shit, my M2 money supply chart didn't post...fixed
@wllm1313 -- oh, don't get me started on income stagnation...I'm probably not making friends today already!
Houses are much less expensive in rural areas in the southeast US and some of the rural midwest.
www.realtor.com
Glad that I live in rural Iowa.Sad when that almost looks reasonable.
623 W Empire Ave, Coeur D Alene, ID 83814 - Home for Rent | realtor.com®
View 32 photos for 623 W Empire Ave, Coeur D Alene, ID 83814, a 1 beds, 1 baths, 700 Sq. Ft. rental home with a rental price of $1695 per month. Browse property photos, details, and floor plans on realtor.com®.518 N 7th St, Coeur d'Alene, ID 83814 | realtor.com®
View detailed information about property 518 N 7th St, Coeur d'Alene, ID 83814 including listing details, property photos, school and neighborhood data, and much more.www.realtor.com
1111 E Garden Ave, Coeur d'Alene, ID 83814 | realtor.com®
View 27 photos for 1111 E Garden Ave, Coeur d'Alene, ID 83814, a 2 bed, 1 bath, 1,168 Sq. Ft. single family home built in 1943 that was last sold on 12/20/2021.
Will be interesting to see what this duplex will sell for. There were 3 duplexes on this block listed at $250k the winter of 2017-2018. I know one savvy investor that bought one of those duplexes and sold it a year ago.
3140 N 13th St, Coeur d'Alene, ID 83815 | realtor.com®
View detailed information about property 3140 N 13th St, Coeur d'Alene, ID 83815 including listing details, property photos, school and neighborhood data, and much more.
Problem is that it will show no growth over the years of ownership.
Depends on the clientele. mtmuley
I wasn't talking about myself or the clientele. I was referring to the house of cards holding up the world and US economy. Going to be a rough strech coming soon. Debt is not going to be your friend.
If you maintain employment and wages rise (as they typically due during inflationary times) fixed-rate debt against tangible assets that hold/grow value is actually a good thing. Even during economic downturns, the large majority of folks keep their jobs, and if they navigate it right end up better off in the long run. Of course, for the minority that loses employment in the downturn it can be bad. But we can't always live our lives assuming the worst case at every turn.
Be prepared or be blissfully ignorant. Choice is yours.
Debt fear is one of the most overplayed emotions when it comes to finances. I am not saying carrying 21% maxed out credit cards generated by too many $12 coffees is ok, but debt in pursuit of housing and solid not overly-speculative investments is not something to be feared if done well. In fact, if you show me a truly debt-free person or company I will show you a person/company that doesn't understand money and has left a lot of it on the table. Debt is a goldilocks question - it has to be just right. Too much is bad, too little is bad.Be prepared or be blissfully ignorant. Choice is yours.
Consumer debt totals $15.6 trillion in 2021, a record-breaking increase
Total debt at the end of the year came to $15.6 trillion, an increase of $333 billion in the fourth quarter and just over $1 trillion for the year.www.cnbc.com
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