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tbone_

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Everything posted by tbone_

  1. I weighed in at 6-1, 246 at my annual physical last month. Too bad I’m out of eligibility.
  2. You might want to re look at the stock prices of the big publics over the last 6 months. Also, for what it’s worth the incentives may look like shenanigans to buyers but the accountants and analysts have no problem accurately discerning actual revenue, cost, and margin. And yes, the big publics are in choppy waters right now. While they may own their own mortgage companies, they are not the investors in those loans, so they are still subject to market forces. Owning the originator may make it easier to execute a rate buy down but the cash to do so still comes straight out of margin.
  3. Fuck ohio and georgia can suck my dick.
  4. North by northwest. Outstanding.
  5. He probably owns the boat
  6. AZ coach seems like an idiot
  7. Is anyone good enough to beat Duke?
  8. I’d find someone else to fix the Marantz
  9. Love that Gretsch. How does it sound through the Matchless?
  10. I’m not familiar with the policy. But I wouldn’t lower rents because of lower taxes, absent some other reason to do so.
  11. Yea the rate is down. Prices are still high. Why do we argue about this?
  12. Me neither. But I can tell you what row I was in for Ratt and Twisted Sister at the Bronco Bowl in 1984.
  13. I have low hopes. Happy to be wrong.
  14. I mean we’ve all accepted the concept now that Trump was behind Elon buying twitter right?
  15. The unforgettable fire and Joshua tree were good albums. The rest I can do without.
  16. I hope maga loads up on it. And averages down all the way to bk. How’s DJT doing btw?
  17. Whoever told you that is clueless. I work for a company run by people as fair as I’ve ever run across in this industry. We raised rents 30% from mid 2020 to early 2022. Because we could. And we would have been chumps for not doing it. And our partners would have skewered us if we didn’t. When supply and demand is out of whack, those who benefit bend those who don’t over. This shit isn’t complicated.
  18. Dropping rates will make housing more expensive, not cheaper. Might make the payment more affordable. I’ve been in the housing development business since 1996. Only time I’ve seen costs come down in a meaningful way was 2008. Unless that happens again, we aren’t getting a cost reset.
  19. Fuck your unhappiness. My life is awesome.
  20. Well of course he needs that info Although I’m not really sure it’s any worse than the orange jackass already having it
  21. That’s because people in the policy space don’t know shit. Allowing more density will help, sort of. But it won’t be any cheaper to build (or rent/sell) And the more you allow the more expensive it will be to build due to constrained supply of labor. Supply and demand - how does it work? lol The cost aint coming down. And neither is the price as long as the capital required to pay for it demands a market return. Source: based on my 30 years of experience as a housing developer.
  22. I’d ban all sales of Tesla if I was Canada
  23. Affordability isn’t coming down, at least not on the cost side without some sort of real shock (a la 2008) to the system. Either incomes need to grow, or supply (baby boomers selling en mass) needs to increase. There is no other way around it. And yes, what we’ve done with the housing market is a total fuck you to our kids Also, always important to remember, improving affordability means your house too. Want to improve affordability? Sell your house for 65% of what it’s worth. No one does that and no one will ever do that. It’s a complete joke to hear people talk about improving affordability.
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