The Real timschochet 3,331 Posted April 13, 2023 https://www.axios.com/2023/04/13/rent-inflation-highest-since-1981-but-signs-of-peak Great news for the USA, terrible news for Republicans. What are you guys going to run on now? You think transgender issues and CRT are going to win national elections? 1 Share this post Link to post Share on other sites
Reality 2,711 Posted April 13, 2023 This is only referring to rent and where is this incredible news? The intrigue: Falling rents, or at least rent that's not rising at a rapid clip, is undoubtedly good for renters who've been getting crushed over the past few years. But for the real estate sector, it's a growing problem. Property values on multifamily apartments are falling at the same time that interest rates are soaring and landlords' ability to push rents up even higher is weakening. That's an issue for anyone who bought buildings in 2021, when rates were rock-bottom, using a floating rate mortgage, as the WSJ explains. The market's already seeing some foreclosures. The bottom line: Rents are still pretty high, but the astronomical increases we've seen are likely going away. Share this post Link to post Share on other sites
Engorgeous George 1,346 Posted April 13, 2023 I am put in mind of the story of the eternal optimist kid. He comes down stairs on Christmas morning, sees a pile of horse apples under the tree and joyfully starts digging. When asked why so happy he declares with all this horse poop here there just has to be a pony under here someplace. Share this post Link to post Share on other sites
League Champion 1,593 Posted April 13, 2023 Wow!!! One day single Moms will be able to afford diapers and baby formula again. That's amazing! Share this post Link to post Share on other sites
RLLD 3,588 Posted April 13, 2023 59 minutes ago, The Real timschochet said: https://www.axios.com/2023/04/13/rent-inflation-highest-since-1981-but-signs-of-peak Great news for the USA, terrible news for Republicans. What are you guys going to run on now? You think transgender issues and CRT are going to win national elections? Could we wait a few weeks so they can <ahem> "revise" their numbers as they have done in almost every other instance where lies about economic performance are trotted out? Share this post Link to post Share on other sites
edjr 5,784 Posted April 13, 2023 How bout that housing market Share this post Link to post Share on other sites
Pimpadeaux 2,370 Posted April 13, 2023 2 hours ago, Engorgeous George said: I am put in mind of the story of the eternal optimist kid. He comes down stairs on Christmas morning, sees a pile of horse apples under the tree and joyfully starts digging. When asked why so happy he declares with all this horse poop here there just has to be a pony under here someplace. Horse apples are a large green fruit, not poop. Their primary usage in my neighborhood were war weapons among the kids. Share this post Link to post Share on other sites
jerryskids 5,461 Posted April 13, 2023 2 hours ago, The Real timschochet said: https://www.axios.com/2023/04/13/rent-inflation-highest-since-1981-but-signs-of-peak Great news for the USA, terrible news for Republicans. What are you guys going to run on now? You think transgender issues and CRT are going to win national elections? The RATE of rent increases is going down. Meaning, they are still going up, just not as crazy high as before. Congrats on your poopy pony I guess. 2 Share this post Link to post Share on other sites
Horseman 1,593 Posted April 13, 2023 Foking idiot doesn't even read the article, again. Guy just runs on headlines and doesn't even get that part right. Rent inflation. Most economists I've listened to say inflation is going to be pretty steady through the end of the year and into next before we see any significant decrease. Feds are set to raise interests rates again next month. Target rate of 2% is a long ways out folks. Share this post Link to post Share on other sites
RLLD 3,588 Posted April 13, 2023 1 minute ago, Horseman said: Foking idiot doesn't even read the article, again. Guy just runs on headlines and doesn't even get that part right. Rent inflation. Most economists I've listened to say inflation is going to be pretty steady through the end of the year and into next before we see any significant decrease. Feds are set to raise interests rates again next month. Target rate of 2% is a long ways out folks. It will take more time to wring the Biden cash infusion out of the system, but at least its under way. Oddly, the best way to know it is effective is to see unemployment increasing. TBH the Fed craves unemployment, maybe not directly, but that is a pointed measure of their effectiveness....if unemployment rises, they feel like they have control. Share this post Link to post Share on other sites
Hardcore troubadour 13,033 Posted April 13, 2023 It’s only at 5 pct? Cool. Share this post Link to post Share on other sites
MLCKAA 422 Posted April 13, 2023 Ha! It’s like… Govt: “We cut spending!” Accountant: “You reduced the amount that you increased spending.” Share this post Link to post Share on other sites
Engorgeous George 1,346 Posted April 13, 2023 1 hour ago, Pimpadeaux said: Horse apples are a large green fruit, not poop. Their primary usage in my neighborhood were war weapons among the kids. Common expression in Wisconsin in the 60's. There were horse apples and cow pies which were reflective of the consistency of the two distinct items.. I guess it was a regional thing. Country boy here so I recognized deer scat, owl scat, pheasant poop, goose grease from duck slicks, muskrat shite from beaver. Share this post Link to post Share on other sites
RaiderHaters Revenge 3,689 Posted April 13, 2023 Libtards… Under democrats items for up 100%….it’s Repubs fault. Then come down 5%…. Yay we’re the bestest Share this post Link to post Share on other sites
Reality 2,711 Posted April 13, 2023 15 minutes ago, RaiderHaters Revenge said: Libtards… Under democrats items for up 100%….it’s Repubs fault. Then come down 5%…. Yay we’re the bestest Gas up $1.50, administrations have 0 impact. Drops a nickel off all time highs... [/Joe Biden] I did that [/Joe Biden] Share this post Link to post Share on other sites
Bert 1,115 Posted April 13, 2023 1 hour ago, RLLD said: It will take more time to wring the Biden cash infusion out of the system, but at least its under way. Oddly, the best way to know it is effective is to see unemployment increasing. TBH the Fed craves unemployment, maybe not directly, but that is a pointed measure of their effectiveness....if unemployment rises, they feel like they have control. Fact Share this post Link to post Share on other sites
posty 2,320 Posted April 13, 2023 2 hours ago, Horseman said: Foking idiot doesn't even read the article, again. Guy just runs on headlines and doesn't even get that part right. Rent inflation. Most economists I've listened to say inflation is going to be pretty steady through the end of the year and into next before we see any significant decrease. Feds are set to raise interests rates again next month. Target rate of 2% is a long ways out folks. Reading is too difficult for Tim... Share this post Link to post Share on other sites
jonmx 1,766 Posted April 13, 2023 2 hours ago, MLCKAA said: Ha! It’s like… Govt: “We cut spending!” Accountant: “You reduced the amount that you increased spending.” And the real economic story of the day is the fed is expecting the current bank crisis to lead to a recession. I am sure Democrats will be excited about running on their economic recession. Share this post Link to post Share on other sites
easilyscan 575 Posted April 13, 2023 2 hours ago, MLCKAA said: Ha! It’s like… Govt: “We cut spending!” Accountant: “You reduced the amount that you increased spending.” Democrats play a game similar to this in my state every 2 years when they plan the new budget. They'll come out & try to scare the low information voters by saying Republicans want to slash spending & lay off police, firefighters, teachers, etc. When in fact, all they're doing is fighting to limit the % democrats want to 'increase' spending. Unfortunately, due to an increasing number of low information people, it works. Share this post Link to post Share on other sites
posty 2,320 Posted April 13, 2023 1 hour ago, jonmx said: And the real economic story of the day is the fed is expecting the current bank crisis to lead to a recession. I am sure Democrats will be excited about running on their economic recession. It will be Trump's recession... They will say that what they did would have fixed it, but the Biden policies hadn't had time to fully remove Trump's errors... Share this post Link to post Share on other sites
lickin_starfish 1,537 Posted April 13, 2023 I can't believe there are people who look around and think: "Yup, I like the way the economy is headed". Wait until BRICS is fully formed, and see what happens to inflation. Share this post Link to post Share on other sites
jerryskids 5,461 Posted April 13, 2023 4 minutes ago, lickin_starfish said: I can't believe there are people who look around and think: "Yup, I like the way the economy is headed". Wait until BRICS is fully formed, and see what happens to inflation. If BRICS keeps moving towards the Yuan as currency and the dollar devalues, inflation could get bloody. Share this post Link to post Share on other sites
RLLD 3,588 Posted April 13, 2023 5 minutes ago, jerryskids said: If BRICS keeps moving towards the Yuan as currency and the dollar devalues, inflation could get bloody. Correct. But I have to tell you it is in fact already happening. I am seeing it happen in markets across the board where I speculate. They are all moving to unseat the dollar...its going to be ugly. Biden could have prevented this, the focking buffoon. Share this post Link to post Share on other sites
Cloaca du jour 2,094 Posted April 13, 2023 Hey realtesticle...how about the loans on all the empty office space in NY, CA, etc etc. Millions of square ft sitting empty...that is gonna hurt when all those companys default on the loans or leases.... Maybe they can make tenements out of em. 1 Share this post Link to post Share on other sites
Cloaca du jour 2,094 Posted April 13, 2023 9 minutes ago, RLLD said: Correct. But I have to tell you it is in fact already happening. I am seeing it happen in markets across the board where I speculate. They are all moving to unseat the dollar...its going to be ugly. Biden could have prevented this, the focking buffoon. Biden doesnt know what day it is. His Obama handlers are to blame Share this post Link to post Share on other sites
The Real timschochet 3,331 Posted April 13, 2023 2 hours ago, Cloaca du jour said: Hey realtesticle...how about the loans on all the empty office space in NY, CA, etc etc. Millions of square ft sitting empty...that is gonna hurt when all those companys default on the loans or leases.... Maybe they can make tenements out of em. It’s a serious problem. It’s not a Democratic problem (nor a Republican one.) Share this post Link to post Share on other sites
EternalShinyAndChrome 2,810 Posted April 13, 2023 I just paid $3.79 for a gallon of gas today. WTF are you talking about, jack@ss? That is HIGHER, not LOWER which leads to the question: Do you know how math works? Share this post Link to post Share on other sites
jerryskids 5,461 Posted April 13, 2023 3 hours ago, RLLD said: Correct. But I have to tell you it is in fact already happening. I am seeing it happen in markets across the board where I speculate. They are all moving to unseat the dollar...its going to be ugly. Biden could have prevented this, the focking buffoon. That's why I said "keeps moving." This is serious -- we've always speculated on a hypothetical of the dollar losing its status as the global trade currency, but now it is indeed moving in that direction through specific actions. No bueno. Share this post Link to post Share on other sites
thegeneral 1,594 Posted May 10, 2023 Inflation now under 5%. Share this post Link to post Share on other sites
GutterBoy 2,542 Posted May 10, 2023 Father Biden saving us all Share this post Link to post Share on other sites
The Real timschochet 3,331 Posted May 10, 2023 This is really good news. But it won’t matter if we don’t raise the debt ceiling. Share this post Link to post Share on other sites
The Real timschochet 3,331 Posted May 10, 2023 Also, while I generally approve of Biden’s economic policies, I don’t give him credit for this or any other good economic news. Pretty much any good or bad thing that occurs economically during Biden’s first term has its roots in the Trump administration. 1 Share this post Link to post Share on other sites
RLLD 3,588 Posted May 10, 2023 Take this as a win for people, for as long as it lasts. If we can find a way to unwind the money poured into the economy that is a big win, and I give credit to Biden for relenting on the policies that created the problem as this only helps. Share this post Link to post Share on other sites
Hardcore troubadour 13,033 Posted May 10, 2023 3.70 a gallon. Stfu. Share this post Link to post Share on other sites
RaiderHaters Revenge 3,689 Posted May 10, 2023 libtards celebrate when something goes from 3$ to 6$ then down to 5.50 3 Share this post Link to post Share on other sites
Reality 2,711 Posted May 10, 2023 So, this 5% is year over year? Yeah, I'll hold off on the celebration. People are getting crushed by consumer prices. Share this post Link to post Share on other sites
Strike 4,133 Posted May 10, 2023 1 hour ago, RaiderHaters Revenge said: libtards celebrate when something goes from 3$ to 6$ then down to 5.50 Yeah, it's like they don't understand that the inflation number is simply a comparison to the number from a year ago. Share this post Link to post Share on other sites
thegeneral 1,594 Posted May 10, 2023 22 minutes ago, Strike said: 1 hour ago, RaiderHaters Revenge said: libtards celebrate when something goes from 3$ to 6$ then down to 5.50 Yeah, it's like they don't understand that the inflation number i Going up is bad, going down is good. Share this post Link to post Share on other sites
