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75% of the largest U.S. metro areas saw real home price declines over the past year. Rates have normalized, but prices haven't...yet. My latest on whether U.S. housing is starting to crash: https://t.co/HsPGtyscV6
A lot of this comes down to poorer kids just not knowing what to do. I didn't know that I had to apply for an internship in the WINTER of my sophomore year to get a sophomore summer internship to...
I've been saying for years we will see a rise in ageism and I think it's finally started. Just read the comments.
This supports something I've suspected for a while—incomes are becoming LESS important for homebuying than in the past. As wealth transfers become the more common way to acquire a home, income will matter less and less.
I'm convinced that something like 50%+ of all Twitter impressions are bots. Here's some data on two different articles I posted (one back in 2020 and one last week). The 2020 one had 15k clicks on 400k impressions The 2026 one had...
There's a simple solution to this: -Joint bank account (all income goes in, all shared expenses come out) -Each spouse keeps separate account -Any surplus (in joint account) gets split (50/50) and sent to separate accounts -For big purchases, each party deposits back into...
Even if your rental properties do outperform the market (unlikely), when you include the "return on hassle", it's not even close. The cost of your time, dealing with tenants, etc., is far higher than a few percentage points a year.
This is the big problem I see with U.S. housing. If incomes can't support prices, something has to give. While wealth transfers can offset this temporarily, most people won't have such a windfall. If incomes don't rise, prices will fall in...
Hot take: no one has ever run out of money using the 4% Rule. Why? Because, in the real world, people are flexible. During a market crash, no one is going to increase their spending by inflation because "the rule said...
It's even worse than this guy makes it seem. If someone rents out their "$1.2M" home for $4k/month, that's the all-in cost (property tax, insurance, maintenance, etc.) So, the mortgage would have to be even LESS than $4k/month, valuing the home even...
I'm trying to decide which asset class will have worse returns over the next 5 years: Private assets or U.S. residential real estate. Private assets are illiquid and investors are getting impatient, while home prices have outrun incomes and no one...
