Mike Hawk

@stonetoss Back in the day when they sold PC games at GameStop I would go in and find games I wanted and take pictures of the CD keys with my flip phone. Go home, find a torrent and then use the legitimate cd key.

@VladTheInflator Folks who are already homeowners with over 300k in equity on their current home.

@VladTheInflator 800k houses should be extremely rare At the classic ratio of 4X your income you’d need to be pulling in 200k a year or be married and both people bringing in six figure salaries. Completely unrealistic for first time buyers. Only the rich or folks who are already homeowners.

Sure are a lot of $800,000 houses in cities where the median income is $80k

'F*CK YOU... you little beady-eyed rat' — Alex Jones unleashes on Ben Shapiro for calling him foreign agent 'B*tch, you don't point your finger at a 100% Americana bona fide real McCoy, b*tch!' 'You're the one on the Israeli payroll. Take your little Mossad a*s, Shapiro...'

Trump won the war.

Most sellers bought before the interest rate was raised. Those folks who bought with 3-4% interest rates are pricing their homes like interest rates are still low. Reality hasn’t set in yet. But even if it does, they’re still paying far less than anyone looking to get into the market today. They’re basically stuck. Any house they buy afterwards will be at the newer and higher rates too.

@EricSpracklen I remember when my friend was looking at paying 200K for a new home in Northern VA. I remember thinking that it was the top of the housing market. Same house now 900K. It doesn't matter when you get in, you need to just get in.

The housing market crash is just getting started, and more data is backing that up daily. Where are all the real estate experts that said sellers are still winning?

@OwenShroyer1776 Reject modernity. Embrace tradition.

Just switched some lights in my house from yellow light to white light. Absolutely disgusting. Hedonistic. Switching back to yellow IMMEDIATELY.

3-0 KC

KC goes up 2-0

Get married and bring in a dual income before buying a house. Houses become more attainable with two incomes. Live in an area that doesn’t have a stupid high cost of living. Move to a cheaper area if you have to. Never ever have a child out of wedlock. That’s a sure fire way to be poor forever. Don’t buy brand new cars. Buy a gently used car with under 55k miles for roughly 20 grand. Much cheaper car payment at under 400 dollars. Buying brand new cars is a massive waste of money. Cars lose half their value in the first few years. Let someone else be the sucker who eats the depreciation on it. Weddings can be done for way less than 50 grand. You just have to be resourceful and scope out venues and prices in advance. Early planning is key! Yes medical care is stupid expensive. I don’t really have an answer on that one. TLDR: It’s possible but requires very careful planning and doing the steps above in the correct order to work out.

People keep asking why Gen Z is checking out. Why they are not buying houses. Not getting married. Not having kids. Not participating in the economy the way previous generations did. Here is why. A house costs eight times their salary. A kid costs $2,000 a month before food and clothes. A wedding costs $50,000. A car payment is $800. A doctor visit can bankrupt them. They didn't opt out of the American Dream. The American Dream got priced out of their reach before they ever had a chance to reach for it.

It shouldn’t take a dual income to afford a house but that’s the reality of the situation. Get married and get your financial and living situation sorted out before having children.

@LeadingReport I’ll believe it when I see it

A deal between the U.S. and Iran could happen this week, per ABC News.

@TannerIngalls @EricSpracklen That’s why the fed raised rates. There was too little supply and way too much demand in 2022 that caused prices to skyrocket. High rates put downward pressure on prices.

Are interest rates going to go to 2%? There are literally no buyers at this price point and interest rate combination, been this way for several years and nobody is lowering prices. I'd say at this point your definition of "explode" is a slightly higher sales volume than last year...

The entire housing market is about to explode. And I’ll be here saying I told you so.

@EricSpracklen Not very familiar with Florida real estate but at only 1300 square feet it definitely seems overpriced especially when you consider the high cost of homeowners insurance in Florida.

🚨HOUSING MARKET INSANITY🚨 Bradenton, Florida 3 bedrooms - 2 bath - 1,331sqft Built in 1988 Basic pool Kitchen doubles as office Sold in 2008 for $104,900 Listed today at $420,000 AFTER a $10,000 price cut on Friday. QUESTION: Is it overpriced? ANSWER: By 30-50%

Everyone who bought before the interest rate hike has “golden handcuffs”. They can’t sell for what they bought the house for with interest rates more than double their 2022 levels. Housing prices skyrocketed because of cheap money being lent out to everyone. The FED can’t lower interest rates back down to 2022 levels without risking more massive price hikes and runaway inflation. Prices are likely to be a slow bleed for the foreseeable future. Sellers aren’t willing to take a haircut and aren’t very motivated to move when they will have to assume a new mortgage at today’s interest rates. It’ll be a slow process but eventually these current rates will become the new normal. The FED keeping rates artificially low for so long actually hurt affordability because people seem to think that’s normal.

This is a great point. If the housing market was still booming, buyers would be losing offers over asking price like they were in 2022. The entire market is an illusion right now. The price correction is going to be catastrophic for so many that bought recently.

@EricSpracklen Probably would have even been sub 200k prior to 2020. But still very obtainable at 250k in the Midwest.

@EricSpracklen This is still a 250k dollar house in the Midwest. Stop living in areas with astronomical costs of living or move to more affordable areas. Actually don’t move. It’ll drive up real estate prices here too.

Someone told me to look up how ridiculous the housing market was in Washington so I did and now I think I want to throw up. This house is 42 years old and the seller still wants $1,095,000 AFTER $105,000 in price cuts in the last 4 months. Purchased in 2003 for $263,850.

Indiana Gov. Mike Braun wants to eliminate property taxes for seniors and those who have paid off their mortgage. This is the same state government that removed tax relief for first time homeowners in a property tax bill last year because it would have allegedly harmed local schools. Yet under this proposal, Braun would pay zero dollars in property taxes on his huge, nearly 10,000 square foot home with hundreds of thousands of dollars of taxpayer-funded improvements. The hypocrisy & hatred of young adults here is insane. It’s incredibly anti-family.

@LeadingReport @grok is this true?

President Trump indicates he will sign bill making daylight saving time permanent.