That was a Forbes report using fucking Zillow. Census data has 38%. But, as I say, free and clear is only part of the picture, as the 30-40% free and clears are matched by another 40-50% who’ve paid down over a long period of time and are approaching free and clear or at least halfway.
Rentals will pay what they need to live somewhere, which will be enough tk cover a sub-3% mortgage whenever it was bought.
Again, only people getting fucked are recent, highly levered buyers with no equity and high rates who get laid off and have no parental support, no savings and can’t rent it out. That’s a really tiny percentage of the market.
I mean, but is that the desire or is that the echo chamber.
I used to be on Quora, before it went tk shit. I loved the fact that there was so much random shit on there, you could talk to an actual astronaught, who posted pictures from the ISS, you could see geologists shots of actual lava flows and shit. It was the most useless waste of time ever, and I mean how much do we as humans love useless wastes of time? But then as time went on I would find myself just arguing with people kn the app, to the point there I spent way more time than I want to admit arguing on the internet... And one day I got home, fired up the app, started arguing and got hit with one of those "moments of clarity" and I was like what in the actual fuck am I doing? I'm arguing with nobodies who mean less than shit to me, about stuff we have no fucking impact on, with someone who doesn't give a shit what I'm saying at all.
Just deleted the app right there. But the Algo had been funnelling me over time away from all the crazy interesting shit into smaller and smaller and smaller echo chambers, and then randomly it would show polar opposite radical viewpoints which would get you all fired up.
I mean, sure, you are "engaged" with the app, but it's essentially radicalizing because it just keeps pushing you into the echo chamber then feeding you the occasional radical polar opposite view to reinforce your ever more radicalized view that the opposite side is "the enemy" and if you arnt at least semi self aware and congnizent of that happening, I mean shit.. I think that's totally why we are in the climate we are in currently politically. Shit wasn't like this pre 2012 and has just been going downhill rapidly since then.
So, do people want an echo chamber? Or are they fed into one?
Heard an interview with D Senator from OR who said he won’t vote for it because it authorizes a new Nat Gas pipeline…at this late hour if you are messing around with ticky tack griping it’s borderline negligent
Careful with Nat gas
Lot of people expecting a buy zone at $2, but it has the chance to continue down to $1.8.
If $1.8 fails, then its going to be really really bad.
(Currency.com natural gas)
what's the bullish case for nat gas? overabundance of supply and weak industrial demand seems bearish imo. forecast in EU is that some regions prices will reach 0. Puts on Euronatgas is still an easy play
yea it's going up in the long-term no clue what's going to happen in the near-term. I'm playing energy pipelines which are fee-based revenues not tied to nat gas price.