2024 Presidential Election thread

[Motown Bombers]

1 minute ago, Tigeraholic1 said:

2016 3.65 2019 4.13 22 6.34 23 5.50 24 6.30

So the rates were already going up under Trump. 

[Sports_Freak]

1 minute ago, Tiger337 said:

What was wrong with his reaction to the pandemic?  Was it because he pretended it was not real? Made jokes about it? Took no responsibility and blamed everybody else? Suggested that people could inject themselves with disinfectant or shine a light up their ass? Gave billions of dollar in stimulus payments to people who didn't need it?  That all seems reasonable to me.  

And the fact that Obama left him a playbook on how to deal with a deadly virus, before it even got to be a pandemic. Shutting down the CDC offices in Wuhan to save money? An argument can easily be made that the entire pandemic was Trump's fault. Catching that virus early would have stopped it. And don't forget when he said "No, I don't take responsibility."

[gehringer_2]

1 minute ago, oblong said:

and frankly interest rates were too low.  I'm not an expert, don't pretend to be, so correct me all you want, but when rates are low people buy too much, more than they need.  

And near zero rates have even worse results in the corporate world, it removes investment discipline and a lot money gets put into stupid investments - pumps up bubbles that will only burst later, etc.

[smr-nj]

…. Are some people forgetting (or disputing) that there was a transition of power, by for Christ’s sake, are you going to call what went on as “peaceful”???? And are we going to call the countless lawsuits and inquiries that CHALLENGED perfectly fine votes, and called out election workers, putting their very lives in danger - are you calling that PEACEFUL?? 
Add to that all the violent rhetoric from the damn CANDIDATE himself every damned day for four years…

What of any of this is peaceful??  What of any of this is truthful?? Don’t liars, at some point, deserve to be called out for their behavior?!

[CMRivdogs]

Just now, oblong said:

and frankly interest rates were too low.  I'm not an expert, don't pretend to be, so correct me all you want, but when rates are low people buy too much, more than they need.  Interest rates are not a refleciton of the economy.  They should be just high enough to make you think twice on doing something but not too high to make a necessity prohibitive.  4-6% is fair I think.

The near zero rates we saw created a mirage and set expectations out of whack on what should be normal.

 

I can’t complain about interest rates. The new build house that we signed a contract on in September 2019 and closed in June 2020 priced in at 3.9 per cent. First time in nearly 40 years we may actually make a profit on a home. 
 

In 2019 we were probably expecting a 5-6% rate. Much better than the 18% in the late 80s under a Republican 

[Tigeraholic1]

5 minutes ago, Motown Bombers said:

Whatever you need to do to justify your vote for Trump. Trump has made it clear he’s a racist Nazi. It will be a peaceful transfer to Harris because Biden is in charge and not Trump. 

I don't need to justify anything. I have a right to vote for whomever I want, correct? Will you call me a natzi if I do?

[Motown Bombers]

1 minute ago, Tigeraholic1 said:

I don't need to justify anything. I have a right to vote for whomever I want, correct? Will you call me a natzi if I do?

Yes I will. Aren’t you guys the **** your feelings party?

[mtutiger]

Excerpt from Nate Cohn's new article...

Even this guy lol

[Tiger337]

1 minute ago, Tigeraholic1 said:

I don't need to justify anything. I have a right to vote for whomever I want, correct? Will you call me a natzi if I do?

I would not call you a Nazi.  

[LaceyLou]

4 minutes ago, oblong said:

and frankly interest rates were too low.  I'm not an expert, don't pretend to be, so correct me all you want, but when rates are low people buy too much, more than they need.  Interest rates are not a refleciton of the economy.  They should be just high enough to make you think twice on doing something but not too high to make a necessity prohibitive.  4-6% is fair I think.

The near zero rates we saw created a mirage and set expectations out of whack on what should be normal.

 

You pretty much described what happened in a lot of housing markets-also a lot more people were buying so a lot of homes sold for way more than asking price (read: a lot of first time buyers were priced out anyway).

I seem to remember my parents having double digit interest rates in the 80s.

And for a lot of places, it isn't interest rates causing higher prices, but a shortage of homes. A long, honest look at zoning rules and NIMBYism might be a better way to address the lack of starter homes.

[mtutiger]

11 minutes ago, oblong said:

I'm finally playing with the 270 to win map... and I have a hard time seeing a reasonable path for Trump.

You start with 2020 as a baseline.   7 states had a margin under 3%, 6 won by Biden.  We all know what states they were.  Given how Georgia has gone lately, it's hard for me to say that will flip.  It will be close.  Same with Michigan.  I'm bullish on PA given the Puerto Rico comments.

If Harris keeps those 3, she can lose the other 3 and let him keep NC.  She still has 276.  If she loses GA, then she needs WI or AZ.  Not out of the realm of possibility.  The NC visits by Trump are interesting because if she wins that then that takes care of needing WI or AZ in that scenario.

 

 

 

His most viable path is PA/GA/NC... which is why he seems to be focusing his final three days so heavily on holding NC

My thing is that despite the flood of tied polls for PA and WI polling slightly better for Harris than PA is, I would be surprised if WI is to the left of PA when it's all said and done.

[Tigeraholic1]

1 minute ago, Motown Bombers said:

Yes I will. Aren’t you guys the **** your feelings party?

So if you saw me at Tigers game would you punch me in the face? I would buy you a beer, hope you like IPA's.

[Sports_Freak]

5 minutes ago, Tigeraholic1 said:

I don't need to justify anything. I have a right to vote for whomever I want, correct? Will you call me a natzi if I do?

I would only say you're totally misinformed and unaware of the actual facts, the same as any Trump voter. Even the ones who appear to be racist nazis.

Not all Republicans are racists. But all racists are Republicans. 

[Tigeraholic1]

3 minutes ago, Tiger337 said:

I would not call you a Nazi.  

Thanks. I hope we can some day get back to a normal country that does not hate each other. 

[gehringer_2]

8 minutes ago, CMRivdogs said:

Bankers, building industry. What was the rate before COVID?

 

For a good part of my lifetime, a 6.5% mortgage would have been considered a  good deal, and most boomers probably paid at least that on average over the lifetime of their mortgages. The 15 yrs of very low rates sort of masked the fact that without abnormally low mortgage costs,  housing prices were rising out of reach of too many people. So the issue for housing costs in the US is less mortgage cost than the price of housing. This is a multifaceted problem that has grown up slowly over the years and it touches on zoning, building codes,  transportation policy, urban policy etc. It took a long time to develop and is going to take a while to unwind. To their credit, the Dems are at least talking like they realize housing costs are being driven by shortage, but it's going to take a lot more than down payment subsidies to fix it.

[Motown Bombers]

4 minutes ago, Tigeraholic1 said:

So if you saw me at Tigers game would you punch me in the face? I would buy you a beer, hope you like IPA's.

I’m not a Trumper so I wouldn’t resort to violence. I just don’t associate with Nazi sympathizers. 

[romad1]

54 minutes ago, smr-nj said:

I’d love to be able to affirm that notion, but I really dislike visiting ANY public bathroom and attempt to hold it til I get home….(which has become a lot harder to do as I age. 😳)

Keeping it real. 

[Tigeraholic1]

1 minute ago, gehringer_2 said:

For a good part of my lifetime, a 6.5% mortgage would have been considered a  good deal, and most boomers probably paid at least that on average over the lifetime of their mortgages. The 15 yrs of very low rates sort of masked the fact that without abnormally low mortgage costs,  housing prices were rising out of reach of too many people. So the issue for housing costs in the US is less mortgage cost than the price of housing. This is a multifaceted problem that has grown up slowly over the years and it touches on zoning, building codes,  transportation policy, urban policy etc. It took a long time to develop and is going to take a while to unwind. To their credit, the Dems are at least talking like they realize housing costs are being driven by shortage, but it's going to take a lot more than down payment subsidies to fix it.

The problem I see in my area is everyone that was smart and refinanced in the past 4-5 years are sitting on 2.5% locked 30YM. They have no interest in buying at the much higher rate. In turn, new home const is at a full stop. I count 6, 1/4 built housing additions that have not built anything new most of this year. There is no demand.

[Tiger337]

17 minutes ago, Tigeraholic1 said:

2016 3.65 2019 4.13 22 6.34 23 5.50 24 6.30

The federal reserve raised thes rate due to world-wide inflation cause by Covid reactions.   

Many have argued that Trump pressured the Federal Reserve to keep the rates near zero for too long.  

[Tiger337]

11 minutes ago, Tigeraholic1 said:

So if you saw me at Tigers game would you punch me in the face? I would buy you a beer, hope you like IPA's.

I would not mention politics and just have a good discussion about baseball with you.  I would only punch you in the face if you wore a Yankees cap.  

[Tigeraholic1]

22 minutes ago, Motown Bombers said:

So the rates were already going up under Trump. 

If you count less then 1% over four years going up then yes.

[gehringer_2]

1 minute ago, Tigeraholic1 said:

The problem I see in my area is everyone that was smart and refinanced in the past 4-5 years are sitting on 2.5% locked 30YM. They have no interest in buying at the much higher rate. In turn, new home const is at a full stop. I count 6, 1/4 built housing additions that have not built anything new most of this year. There is no demand.

Correct. "Low rate lock in" is absolutely freezing the resale market. But for decades we were building 2M+ new units of new housing every year - which was considered sort of the equilibrium requirement. That has fallen way off in the last decade or two. So sure - given the lack of new housing the stiffness in the used market just makes things worse.

[smr-nj]

2 minutes ago, Tiger337 said:

I would not mention politics and just have a good discussion about baseball with you.  I would only punch you in the face if you wore a Yankees cap.  

😳

[Kacie]

24 minutes ago, Tigeraholic1 said:

So everyone that votes for Trump is a racist natzi? Seriously, there will be millions that do, what happens when it is a peaceful transistion of power to Harris. Will society accept it and move on? Will the left look at at RW folks as less than americans? I want nothing but peace and prosperity for all americans, I am not sure we will ever get back to that.

Um...hmmmm, er...uh...yep!  Pretty much. I do hope you're correct about the peaceful transfer to Harris, but I won't hold my breath.  Chances are it's the Trump people who won't get over it and move on.   I may forgive some of the Trump voters that I know,  but I'll never forget. Ever.  What's the saying, when people show you who they are, believe them?  

[Sports_Freak]

3 minutes ago, Tiger337 said:

I would not mention politics and just have a good discussion about baseball with you.  I would only punch you in the face if you wore a Yankees cap.  

Out of likes so..

😆