Official Political Picture Thread - Topic

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Nov 10 2016 03:22pm

Quote (excellence @ Nov 10 2016 03:16pm)

over time yes, rates for various loan types will go up. this will also, hopefully, restore banks paying interest on deposits. so the common person can hopefully get to the point where they have cds that pay a decent amount.

http://www.bankrate.com/cd.aspx

5 years for .81%? lmao

i think i noticed this at the debates too if im not mistaken

u misunderstand i think. I'm saying IF trump raises it too fast then properties will be dirt cheap comparatively. Right now real estate is inflated in price compared to true value due to a low interest rate to spur spending right?

excellence

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#8162

Nov 10 2016 03:31pm

Quote (thesnipa @ 10 Nov 2016 17:22)

oh i think see now.
real-estate is becoming overvalued due to funny money again, but its not the exact same scenario as in 2006-2007.
a sharp increase in rates would lower home prices because it becomes more expensive for a buyer to finance (get a loan) them.

thesnipa

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#8163

Nov 10 2016 03:33pm

Quote (excellence @ Nov 10 2016 03:31pm)

right, so if for instance Trump tanked the market, blamed it on the fed for creating the bubble in the first place (rightly so), then who would be in a better position? surely not a guy who has billions into real estate development with a now increased purchasing position.

excellence

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#8164

Nov 10 2016 03:41pm

Quote (thesnipa @ 10 Nov 2016 17:33)

right, so if for instance Trump tanked the market, blamed it on the fed for creating the bubble in the first place (rightly so), then who would be in a better position? surely not a guy who has billions into real estate development with a now increased purchasing position.

it's a stretch to say that Trump would exert enough pressure on Yellen to raise rates so much overnight that it'd tank the market strictly so he can buy real estate. it'd immediately ruin his legacy as president.
id be in a phenomenal position, but apensniper would probably buy all the real estate first.

Santara

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#8165

Nov 10 2016 03:46pm

Quote (Master_Zappy @ Nov 10 2016 04:09pm)

interesting, Trump doesnt wear his wedding ring.

I noticed the same thing and was about to comment.

/e we're not alone. http://www.nytimes.com/2016/05/08/fashion/weddings/trump-men-wedding-rings.html?_r=0

This post was edited by Santara on Nov 10 2016 03:49pm

majorblood

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#8166

Nov 10 2016 04:50pm

Quote (Master_Zappy @ Nov 10 2016 01:09pm)

interesting, Trump doesnt wear his wedding ring.

gets in the way when he grabs pussy

Thor123422

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