Ken Co

1.5K posts

Ken Co

Ken Co

@KenTheManCo

California, USA Katılım Mayıs 2023
44 Takip Edilen127 Takipçiler
MC Squared
MC Squared@mcsquared34·
Parasite cheat code
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Maybe You're Just Wrong?
Maybe You're Just Wrong?@MaybeUrJusWrong·
Thats YOUR problem. Those were CHOICES that YOU made. Our parents went to school too or decided their careers, weighing the pros and cons. My generation and likely yours... just went to college because they were following the masses and educational propaganda that says you have to go.. not knowing even what you wanted to do. Then you got a degree in some random something that you were half interested in. Half of you dont even have a fucking job in the degree you got. Schooling was fucking dumb, you should have done something else that didnt take 100k$ for a worthless piece of paper and you would have likely been making the sme or more money and actually had something to show for it... Instead people bitch about their own doing and then blame everyone else for their woes... Thats you... you dont listen to anyone else, you are just trying to make yourself feel better.
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Trulyobjective1
Trulyobjective1@trulyobjective·
To the contrary, that president was the one to end the support of the Maduro regime. The next president did nothing to resolve the issues with Venezuela, therefore Trump came back into office, removed Maduro and restored relations with Venezuela. This just goes to show how little the previous administration did in 4 years.
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Ken Co
Ken Co@KenTheManCo·
@bubby_max @carnivorechris1 @mcsquared34 @grok Again if you want to point to one off situation for your justification thats fine. Generally people dont see owning a house as a risky investment. Perhaps there is the fact that risk is subjective. Some people skydive, while more people do not. This disagreement was pedantic.
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Maybe You're Just Wrong?
Maybe You're Just Wrong?@MaybeUrJusWrong·
Firstly, theres not 50 million people looking to buy a house in the US at any given time... Currently theres about 1.5m people looking to buy, with over 2 million houses on the market. Buyers dont buy just whatever they can afford, reasonably... they want what suits them... what their dream is. Unfortunately, a lot of people have visions of grandure and will not accept something that is not perfect. "This house is too small" i see a lot of families say, for perfectly reasonably sized houses... 1250-1500sqft... They want large houses. Large houses cost more money... The average "middle class" house went in the 80s from 1600sqft to 2025's 2500sqft... There are a whole host of reasons and data points that should be taken in when talking about the cost of housing and why someone can or cant afford one. If everyone was financially reasonable and people wernt pushed into an ideology that would make someone demand having an M class while working part time at McDonalds... there would be a lot less complaining about pricing.
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Ken Co
Ken Co@KenTheManCo·
@bubby_max @carnivorechris1 @mcsquared34 @grok Everybody knows of the 2008 housing crisis. But a one time event doesnt prove that investing in residential property is all of a sudden a bad investment. It would be like saying the S&P is a bad investment because it goes down sometimes 🤣
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Ken Co
Ken Co@KenTheManCo·
@bubby_max @carnivorechris1 @mcsquared34 @grok Here brother, go ahead show me what you got. I found that in 5 seconds. Im intuition is normally right in these things. If im wrong im not scared to admit it. Im not being paid to hold the beliefs I have so fuck it.
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Ken Co
Ken Co@KenTheManCo·
@MaybeUrJusWrong @carnivorechris1 @mcsquared34 Its what the graph was illustrating for us to begin with!!!! How are people so fucking dense. No dude gohead and send me a screenshot of how wages back then equal 80k and how to even be qualified to buy the median home you need 114k to even get the fucking loan. Jesus.
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Ken Co
Ken Co@KenTheManCo·
@MaybeUrJusWrong @carnivorechris1 @mcsquared34 Yep wonder how they managed its almost like theybused to have more buying power. If you want to discount people's struggles today with anecdotal bullshit and an iron will to continue the grift go-ahead and continue to look down on the peasants. Never quit the grift my friend.
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Maybe You're Just Wrong?
Maybe You're Just Wrong?@MaybeUrJusWrong·
25% on average yearly, yes. That is common for the last 30 years and likely back to about 40 years. It was not as high in the 70s and 80s, due to absolutely bonkers interest rates which would kill any sort of profit seeking. In the 70s and 80s they had 10-20% interest rates, hovering 13-16% for a very longperiod of time. So, not likely to have 25% back then, but this also applied to normal buyers?? So the houses were similarly priced as today 180-250k typical home today with the typical home being 40-80k back then... which is equiv to today. pretty much. Except they had double the interest rate today and still double the interest rate at the peak... from our covid peak. So people complaining about being priced out of payments is a joke... our parents did it.
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Ken Co
Ken Co@KenTheManCo·
@bubby_max @carnivorechris1 @mcsquared34 @grok Okay well ive provided you with evidence that supports my claims. You've basically said "nuh uh" so forget it bro. Believe what you want to believe right or wrong? Believe like your being paid to believe what I you do. I no longer care.
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Ken Co
Ken Co@KenTheManCo·
@LiberCanuck I was being sarcastic, I know it gets lost in text so sorry for the country fusion. Those banker fucks should have been hung to dry, completely agree with you.
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LiberCanuck
LiberCanuck@LiberCanuck·
@KenTheManCo We should never bail out any banks, we need them to learn their lessons the hard way. Yea there are still investment buyers but lending conditions have been much tighter than the 2008 era.
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Ken Co
Ken Co@KenTheManCo·
@bubby_max @carnivorechris1 @mcsquared34 @grok The logic is flawed. You need to ask first; why a huge population of under 40 years olds are no longer able to participate in the market. The trend of older home buyers is certainly a new trend. Anythings value is driven by market forces and speculation.
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