Author Topic: New To Investing Thread  (Read 171300 times)

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Offline steve dave

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Re: New To Investing Thread
« Reply #3850 on: April 24, 2021, 10:34:36 AM »
I think it's largely related to people moving between school years

oooh, that's a good one. given I have dozens of children you'd think I would think of that. but nope.

Offline michigancat

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Re: New To Investing Thread
« Reply #3851 on: April 24, 2021, 10:37:39 AM »
It's still surprising the jump is that large every year

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Re: New To Investing Thread
« Reply #3852 on: April 24, 2021, 10:39:36 AM »
Supply & demand. Most people aren’t looking to move mid school year, so quite a bit fewer houses listed.

Offline IPA4Me

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Re: New To Investing Thread
« Reply #3853 on: April 24, 2021, 02:55:58 PM »
My favorite...

Oh man. I got so much equity in my house.

*Here's your new tax assessment.*

Eff that man. My house ain't worth that much.

Heh.

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Offline steve dave

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Re: New To Investing Thread
« Reply #3854 on: April 27, 2021, 08:16:32 AM »


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Offline ben ji

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Offline steve dave

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Re: New To Investing Thread
« Reply #3856 on: April 27, 2021, 08:27:42 AM »
Everyone refi’d over the last year


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Offline KITNfury

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Re: New To Investing Thread
« Reply #3857 on: April 27, 2021, 08:54:20 AM »
Housing prices can be influenced by a lot of things but the big buckets you can throw most of them in are 1. Interest rates and 2. Supply and demand.

Interest rates are straight forward and pretty obvious. Although the Fed does not directly control real estate interest rates, they heavily influence them. I don't believe the Fed will raise interest rates  significantly for at least 1-2 years, maybe more, for a large variety of reasons.

Supply is short and probably will remain that way. Almost all materials for housing is way up in price. Labor to build those houses are short, so they cost more. The super hot market could be a bubble in the eyes of developers, so it's scary to go balls deep in developments when everything is expensive to build and the bubble could theoretically pop before you could sell at a profit. Long story short, new houses aren't coming online near fast enough to satisfy the demand.

The wild card is how many people are delinquent on payments and how many will get foreclosed. Almost everyone has equity in their homes right now and I believe the demand is strong enough that any people at risk of foreclosure will be able to sell at a profit this not creating a big supply of empty houses like in 2008-2010.
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Offline chum1

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Re: New To Investing Thread
« Reply #3858 on: April 28, 2021, 12:48:08 PM »
Lol. I had a plan to long term buy 3-4 augmented reality stocks a few years ago. This was one of them. I have absolutely no idea what happened with that plan, but it was never executed.


Offline steve dave

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Re: New To Investing Thread
« Reply #3859 on: May 03, 2021, 08:41:24 AM »
This chart scares the crap out of me




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New To Investing Thread
« Reply #3860 on: May 03, 2021, 10:09:21 AM »
Because bonds are worthless and interest rates are zero right? Isn’t it that simple? I mean I’ve been at 100% pretty much since I started.