Message from @ophiuchus
Discord ID: 490908747422629891
There is no real predicting of a market cycle. For example if the average time between recessions is 7 years, none of the sample recessions will have lasted 7 years.
The S&P500 is like... doing better than it should be doing, honestly.
Ehh yeah and then another 18 months and another...
No explicit predicting, however watching for the yield curve to invert is a standard hallmark.
You're a bit older than me, though 😏
I'm in the get a house, get married, have kids mindset full stop though.
Oh no doubt.
@Deleted User and mow the lawn
If the market doesn't take a serious turn for the worse in the next year and a half, I'm buying. There's no stopping me
Hell yeah brother. BOOMERTOWN Usa
By then, my savings will be more than sufficient for a very sizeable down payment
Never get a 30 year
I’m sure you know that but still
30 years are the worst thing on the planet
I plan on putting down at least half the value of the home
15 should be no problem for you then
I’m not incredibly well versed in real estate finance but uh. Spending over twice what a property is worth just sounds unpleasant.
Obviously, given my profession, I won't be able to live like a king, but I'm very frugal and have some money tucked away
I'm looking at $150k properties
It's hard to do, but shit, it's a goal
You can get houses for 6k here
You wouldn’t want to live in them.
You can find tear downs around here for that kind of money, but it's hard to secure loans, and demolition is expensive
I mean, most here are that cheap because of the area.
Ooooooooh
*the area*
OOOOOOOOH
Yeah it’s cheap because it’s in Darfur.
False Flag
Mhmm.
Just something pretty I saw.
There's an Instagram account called "Cheap Old Houses" that features *gorgeous* old fixer uppers all over the country for less than 100k. Caveat, they're all in *certain neighborhoods* or really economically depressed areas. My Victorian renovation dreams are still on hold.
@micbwilli Cool, but holy crap, it's gonna send me into a seizure, lol.
I wish it would slow down a little. Definitely looks cool. @micbwilli
ah, my daily dose of epilepsy is going well
hahah
I didn't know gifs played instantly on discord.
don't mind me, I'll be on the floor writhing
@Salo Saloson make sure to lay on your side so you don't choke on the mouth foam.