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tbone_

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  1. Nm
  2. That’s why they sell so many guitars I think
  3. Ah, my bad. I thought we were having an actual discussion among grown ups using facts. I’ve only been building apartments and houses for nearly 30 years so what do I know. Carry on with whatever it is you are doing I guess. I’m moving on.
  4. I know. Still.
  5. Also sorry, I read your post wrong. You said the last decade. That’s true. They probably have nearly doubled over the last decade. Again, supply and demand, and the incomes to pay for it are the contributing factors.
  6. Actually that’s not true. Incomes have been growing much faster than rents over the last 2 years or so. And they did not double, at least not in the averages. But they did go up a shitload in 2H2020 and 2021 - 20-30% for that period in many markets. Too much for sure. The issue for falling rents isn’t income. It’s too much supply. But starts have fallen off a cliff recently so the supply is getting absorbed and there won’t be much new supply coming before long. Housing economists are predicting significant rent growth coming in 27/28/29 because of the combination of falling supply and growing incomes. And oh by the way, we all hear lots of talk these days that we need more housing to bring the prices down. Well guess what gets more housing built? Landlords and their capital partners believing there is blood to suck. Because we live in a world where housing only gets built if people think they can earn more money doing it than in some other endeavor. You know what isn’t a good environment for new housing to get built? One where new supply is rampant and rents are falling. Weird paradox for sure.
  7. Well no fucking shit. Now do it with the defense to at least be fair.
  8. Counterpoint - a large portion of the inflation calc is housing costs. All of the housing economists I follow say the calc the govt uses for the housing portion lags way behind or just does not get the housing costs change correct. It’s still going up according to the CPI when me and every other housing developer in the country can tell you that hasn’t been happening at all for the last two years. If it just lags and finally catches up, it’s going to put significant downward pressure on the CPI calc for a while. Your eggs and k cups may be going up in costs but rents sure as fuck aren’t.
  9. Costco coffee in the big brown can ftw. Who cares if you pour out half the pot every day. It’s so much cheaper than pods and you don’t throw away a billion little plastic cups a year. Outlaw plastic bags and straws but allow k cups and plastic water bottles by the zillion? Makes perfect sense.
  10. This is seriously bad ass https://youtu.be/g5BMI88QO_w?si=xZwPiHKUvErltZGM
  11. Get wrapped around the axle about it like everyone else
  12. I like watching movies from that era just for that reason. Reminds me of what life was like as a kid. Dog Day Afternoon is fantastic.
  13. Getting drunk and the bar and passing out in the bathroom while waiting for the table to be ready.
  14. I watched portions of 8-10 college football games yesterday. I’d start every qb I saw over Arch next week. Every one. And I’d probably start the top back up for each of those teams too. Including the Texas and Utep backups.
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