Jump to content

IGotWorms

Members
  • Content Count

    66,355
  • Joined

  • Last visited

  • Days Won

    69

Everything posted by IGotWorms

  1. IGotWorms

    Renting V Owning

    Call me dumb, but if I can put myself in the group with 40x net worth, on average, I’m probably gonna go ahead and do that
  2. IGotWorms

    Renting V Owning

    Study: Homeowner Wealth Is 40 Times Higher Than Renters Property appreciation has surged along with home prices in the last decade, giving most homeowners more than $100,000 in equity over that time period and lending further evidence that homeownership is an important avenue to build household wealth. Middle-income homeowners have seen their properties appreciate by 68% since 2012, accumulating $122,100 in wealth, according to a new report from the National Association of REALTORS® released during the 2023 REALTOR® Broker Summit. Low-income homeowners who earn less than 80% of their area’s median income saw $98,900 in equity gains in the same time period, while upper-income households who earn more than 200% of their area’s median income accrued $150,800 in equity, according to NAR’s report, “Wealth Gains by Income and Racial/Ethnic Group.” “This analysis shows how homeownership is a catalyst for building wealth for people from all walks of life,” says NAR Chief Economist Lawrence Yun. “A monthly mortgage payment is often considered a forced savings account that helps homeowners build a net worth about 40 times higher than that of a renter.” Along with these wealth gains, homeowners also saw their debt drop by 21% over the last decade, the report shows. In recent years, many homeowners were able to refinance their mortgages and secure an interest rate below 4%. And because of those smaller monthly payments, many homeowners have paid off an even larger amount of their mortgage, the report notes. https://www.nar.realtor/magazine/real-estate-news/study-homeowner-wealth-is-40-times-higher-than-renters#:~:text=“A monthly mortgage payment is,than that of a renter.” 40 times???! Ouch!!
  3. IGotWorms

    Egg sammich. Meat.

    Bacon and sausage are good, but ham is almost always the wrong answer
  4. IGotWorms

    Renting V Owning

    Hey, that’s no way to talk about @seafoam1 !
  5. IGotWorms

    Why do the feds do this?

    Also I’m pretty sure peefoam doesn’t know what “cavalier” means Did you mean “chivalrous”?
  6. IGotWorms

    Why do the feds do this?

    Irony!!
  7. IGotWorms

    Why do the feds do this?

    CDub started this thread, numbnuts
  8. Love gives em a lifeline
  9. IGotWorms

    Why do the feds do this?

    What’s funny is that this dude is saying exactly the same stuff the Geek righties like to say. Yet, they can’t believe he’s real!
  10. IGotWorms

    Why do the feds do this?

    That’s not even a photo from this event. It’s the middle of summer
  11. IGotWorms

    Trump's Cognitive Decline and Health

    Ah I see, so you want to forum shop. It’s not so much an issue about the jury pool then. The NY case isn’t all that compelling anyway. Maybe it becomes moreso but I kinda doubt it
  12. IGotWorms

    Trump's Cognitive Decline and Health

    There’s 8,500,000 million people in NYC. You can find 12 who don’t know or give a fock about politics
  13. Man, them ravens are a buzz saw
  14. IGotWorms

    Trump's Cognitive Decline and Health

    How would that make a difference, if it was still in the United States? It’s going to be a challenge anywhere
  15. IGotWorms

    Trump's Cognitive Decline and Health

    He’s just thinking of “that focking b1tch I hate! ” Which used to be Nancy, now it’s Nikki. So you can see how he’d confuse it
  16. IGotWorms

    Trump's Cognitive Decline and Health

    Especially since he then, you know, tried to overthrow the government
  17. IGotWorms

    Trump's Cognitive Decline and Health

    Why wouldn’t he? It’ll certainly be hard to find impartial jurors but you only need 12 people out of hundreds of thousands or millions (whatever the population base is for the various jurisdictions)
  18. IGotWorms

    Trump's Cognitive Decline and Health

    We’ll find out, we’ll find out, and that’s what trial is for
  19. IGotWorms

    Trump's Cognitive Decline and Health

    I think some people other than “nut jobs” care about things like trying to overthrow the government, disclosure of sensitive national security secrets, and felony charges
  20. IGotWorms

    Trump's Cognitive Decline and Health

    Trump won’t debate either, so I don’t know if this’ll happen. But it would be helpful if it does. Let’s see if either one of these old focks is still sentient and sane
×