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Bidenomics


Jamie_B

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  • 3 months later...

To be clear there are absolutely things I do not like.

 

Investment groups should not be allowed to buy homes, that is a HUGE part of the problem with the cost of housing, not to mention we need to be building more houses to drive prices down.

 

It has been shown that 50% if the inflation numbers are coming from what is basically "greedflation" or corporations price gouging, Biden has done nothing to address that.

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  • 2 weeks later...
On 4/10/2024 at 6:21 PM, Jamie_B said:

This has been a problem before Biden but he hasn't done anything to address it.

 

 

 

I finally had a chance to watch this and I found it interesting. This is right in my wheelhouse as I’m an escrow officer for a title company. 
 

I don’t see a whole lot of institutional investor transactions, but that is mainly because they have their own title companies that handle their transactions. However, I do look at the weekly transactions list in the Cincinnati Enquirer, where they list the buyers’ and sellers’ names, and I do see a lot of institutional investors listed as buyers, sellers, or both. I also have seen an uptick in cash transactions to where right now, they’re running between 40-50% of my business. I do also have a couple of “mom and pop” investors that I work with on a regular basis. I do have my agents tell me from time to time that their sellers tell them up front that they will not sell to an investor. Right now with the market being so hot, they have that luxury. 
 

You’re right when you say it’s been an issue for years, going back to the housing meltdown of 2008, (which is another whole rabbit hole I could bore you with, but I won’t). I remember I had one closing where the buyer walked in, asked, “Which property is this?” We told him. He pulled out from his shirt pocket a bunch of cashiers checks, pulled out the right one, handed it to me, signed his paperwork, and left very quickly because he had another closing to get to. He did also mention that it was his 5th closing that day and he had 3 more to go to. IIRC, the company was Stillwater Investments, which used to be a big investor. This was like back in 2010??

 

Question is-how can Congress, the President, or even local legislators regulate this?  
 

As for the whole commission ruling, I don’t think you’ll see a whole lot change on that front, in spite of all the supposed drama about it. The agents have to change how they ask for compensation on the buyer’s side and can still ask the seller to pay their commission, and HUD/VA/USDA are already in the process of modifying their guidelines to allow sellers to pay the buyer’s commission without affecting the limits on what the seller can pay on behalf of the buyer, and FNMA/FHLMC is working on that also. The short and long of this whole ruling is that sellers are no longer REQUIRED to offer buyer compensation in the MLS.

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  • 4 weeks later...
11 hours ago, claptonrocks said:

Because their an inept group of 

morons running this country down.

Not hard to see that.

 

Meaning whatever asinine shit-spigot you get your information from has already instructed you to think this way, so no examination, discussion, or insight is necessary. Goose-stepping right along. Such a good little, er, "patriot".

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9 hours ago, claptonrocks said:

Biden just released 1 mil barrels of oil .

We use 13 mil a day..

Prices should drop 2 cents per gallon 

 

Thanks Joe for the savings...

What a crock of shit he is.

 

 

Yeah IDK why he doesn't turn the magic price dial down, everyone knows it's right there on his desk in the Oval Office next to the one for Coors Light.

 

Absolutely horrible the way paying 2 entire cents more a gallon for gas is destroying America.  We should probably just give up and let the Russians take over.

 

Next thing you know they'll let women drive cars!

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4 hours ago, T-Dub said:

 

 

Yeah IDK why he doesn't turn the magic price dial down, everyone knows it's right there on his desk in the Oval Office next to the one for Coors Light.

 

Absolutely horrible the way paying 2 entire cents more a gallon for gas is destroying America.  We should probably just give up and let the Russians take over.

 

Next thing you know they'll let women drive cars!

Well just damn ..

You find no fault with this abhorrent

leadership regardless how many mistakes they make.

Are you biased?..😎

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3 hours ago, claptonrocks said:

Well just damn ..

You find no fault with this abhorrent

leadership regardless how many mistakes they make.

Are you biased?..😎

 

How many people did Trump let die because he didn't take Covid more seriously?

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On 5/26/2024 at 12:16 AM, T-Dub said:

 

 

Yeah IDK why he doesn't turn the magic price dial down, everyone knows it's right there on his desk in the Oval Office next to the one for Coors Light.

 

Absolutely horrible the way paying 2 entire cents more a gallon for gas is destroying America.  We should probably just give up and let the Russians take over.

 

Next thing you know they'll let women drive cars!

Apparently you don't drive much.

Gas at 3.60 now.

Incredible jump from Trumps term.

 

But go on believing everything You Read from your liberal sources.

 

 

 

 

 

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On 5/26/2024 at 8:06 AM, Jamie_B said:

 

How many people did Trump let die because he didn't take Covid more seriously?

How much did you know about Fauci's virus?

No one knew the extent of the horror it would cause initially .

 

Try being real once in a while.

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6 minutes ago, claptonrocks said:

How much did you know about Fauci's virus?

No one knew the extent of the horror it would cause initially .

 

Try being real once in a while.

 

Oh fuck off with this Fauci virus conspiracy theory nonsense. 

 

And the extent of the horror isn't what I am talking about, but his willingness to take it seriously.

 

Try reading once in a while.

 

Pandemic Officials Say Trump Administration Marginalized Them, Interfered, Could Have Prevented Many Deaths

 

 

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1 hour ago, Jamie_B said:

 

Oh fuck off with this Fauci virus conspiracy theory nonsense. 

 

And the extent of the horror isn't what I am talking about, but his willingness to take it seriously.

 

Try reading once in a while.

 

Pandemic Officials Say Trump Administration Marginalized Them, Interfered, Could Have Prevented Many Deaths

 

 

I do read a variety of views .

Your course is liberalism .

I don't agree.

Do you wear your Facuci badge out in public?

 

You think I'm stupid.

I think your ideas are.

 

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31 minutes ago, claptonrocks said:

I do read a variety of views .

Your course is liberalism .

I don't agree.

Do you wear your Facuci badge out in public?

 

You think I'm stupid.

I think your ideas are.

 

 

You clearly haven't read what Dr. Brix had to say, she was in the Trump camp.

 

And I think you're in a cult.

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