What about 0% interest rates (See home values recently) ** -- GoochlandHoo 02/22/2021 12:42PMInsert a Link
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What about 0% interest rates (See home values recently) ** -- GoochlandHoo 02/22/2021 12:42PM Goldman has stated that "households have accumulated about $1.5 Trillion -- 79 Wahoo 02/22/2021 08:56AM A lot of that money is likely in the hands of older retirees.. -- NJHoo 02/22/2021 11:25AM Most of this excess savings is in the 1% -- DTsBicep 02/22/2021 12:31PM Just finished this article suggesting the Fed’s full focus on consumer -- hoolstoptheheels 02/22/2021 08:51AM Agreed. We are living in a fantasy world -- HoodatB 02/22/2021 09:38AM Exactly. I have been saying for YEARS that interest is manageable now but -- 81_Hokie 02/22/2021 11:21AM The bigger issue is going to be places outside of the US..... -- Zhoo 02/22/2021 09:49AM I think there are certain areas where it’s becoming a problem. Education, -- HooAskedYou 02/22/2021 09:31AM Copper has simply soared. Ag prices (although these have a somewhat -- Shenhoo 02/22/2021 09:37AM A wealthy friend is building a new house...he is putting in copper gutters -- Tuckahokie 02/22/2021 10:15AM What is the life of copper gutters and downspouts -- Zhoo 02/22/2021 12:12PM Speaking of Aspen, we booked a trip out -- Shenhoo 02/22/2021 10:20AM Sweet...I think the Aspens change color in September (at least up high like -- Tuckahokie 02/22/2021 10:27AM My number one goal is to hear an elk bugle. It's a bucket list -- Shenhoo 02/22/2021 10:31AM Housing is interesting. In general, there should not be the underlying -- HooAskedYou 02/22/2021 09:42AM I think it’s the combination -- BocaHoo91 02/22/2021 09:53AM Speaking of housing, another commodity that has skyrocketed is lumber. ** -- Shenhoo 02/22/2021 09:55AM Yeah. New development down here is -- BocaHoo91 02/22/2021 10:05AM I don't see where the demand comes from -- CMUHoo 02/22/2021 10:43AM Ultimately if people don't buy them, it's hard to see how -- BocaHoo91 02/22/2021 10:55AM I agree. But the houses spend a long time on the market. -- CMUHoo 02/22/2021 11:11AM Certainly developers are able to write off development costs -- BocaHoo91 02/22/2021 11:24AM That makes sense -- CMUHoo 02/22/2021 11:42AM It’s a balancing act. You -- BocaHoo91 02/22/2021 11:44AM When did banks stop requiring developers to sell X amount of inventory -- Zhoo 02/22/2021 12:14PM I’m not a developer, so -- BocaHoo91 02/22/2021 12:19PM Thats what should happen -- Zhoo 02/22/2021 12:42PM Some think that. I am not among them. I think lots of wealth is -- hoolstoptheheels 02/22/2021 09:36AM I've been expecting it since 2008, but I've been proven wrong -- HoosWillWin 02/22/2021 09:29AM Home prices in my town are up 18% in the past 12 months. -- PBCHoo 02/22/2021 09:36AM How are housing prices going to go if you go from 3% mortgage to 6%? If -- HoodatB 02/22/2021 09:41AM Yeah. Something seems wrong. ** -- HoosWillWin 02/22/2021 09:40AM Yeah. Harrisonburg is not usually a really heated market. We've looked at -- Shenhoo 02/22/2021 09:39AM Same in the Boro. ** -- hooshouse 02/22/2021 10:12AM Weakening dollar making imports more expensive is one issue ** -- 79 Wahoo 02/22/2021 08:49AM