@asaio87 Everyone making claims about the ineffectiveness of Ai coding will be humbled in 6 months to a year. Coding is nearly solved and you might as well be realistic about it now, or delude yourself and kick the can down the road to deal later I guess?
@legen_eth In a world without mortgages, buyers would only be able to purchase with the cash they have on hand; meaning prices would need to come down to values home buyers can afford out of pocket.
50 year mortgages = more leverage
Introducing more leverage increases home prices
I don’t like 50 year mortgages as the solution to the housing affordability crisis.
It will ultimately reward the banks, mortgage lenders. and home builders while people pay far more in interest over time and die before they ever pay off their home.
In debt forever, in debt for life!
Instead stop companies and asset managers from buying up single family homes, which has driven the price of homes and forced homebuyers to compete with corporations that turn thousands of homes into permanent rental homes.
Let people with a good rent history qualify for mortgages.
And..
PASS MY BILL - NO CAPITAL GAINS TAXES ON THE SALE OF YOUR PRIMARY HOME.
This will help people keep the equity they have earned owning their home for a very long time and likely allow them to lower the price of their home for sale since they won’t be paying taxes after they sell their home.
It really will help seniors sell their houses and keep their equity, which also in turn gives them money they need and that gets put back in the economy.
@nejatian@EricaCa43827494 In a world without mortgages, buyers would only be able to purchase with the cash they have on hand; meaning prices would need to come down to values home buyers can afford out of pocket.
50 year mortgages = more leverage
Introducing more leverage increases home prices
@CryptoWendyO In a world without mortgages buyers would only be able to purchase with the cash they have on hand; meaning prices would need to come down to values home buyers can afford out of pocket.
50 year mortgages = more leverage
Introducing more leverage increases home prices
@a_conniea94998@MHolvast@CowGhostof@onlyascing@mjfree Last time they reduced the fed funds rate mortgage rates actually went up after because it's not as simple as you think... but you're not looking for logic are you?
Rubic's exchange token $RBC will get #staking in the next 3 months according to the #roadmap!
@CryptoRubic exchange
Almost 100 chains added 🤯
Over 330.000 users and growing
3M market cap
Integrated best rate finder
If you're in crypto and cheering this, I don't know what to tell you. There's just no way that legitimizing two of the largest grift and scams in the existence of the industry is a good thing. Can blame it on the admin being ignorant, misinformed or bought, but this ain't it.
If this tweet is true (yes, I am braking my Trump 72 hour rule for this one):
1. It’s a terrible idea to spend tax payer money buying the crypto bags of the people who donated many millions to him
2. It’s an even worse idea to pick winners like this
Why not a USTech strategic reserve, where we buy Apple, Google and Microsoft shares with tax payer money?
Why not a real estate strategic reserve where we buy the RE assets from huge companies?
This is a giant distraction for Trump’s important mission of
a. fiscal responsibility (balancing the budget, DOGE, etc)
b. immigration and
c. Ending wars/avoiding new ones.
That’s why he was elected — not to buy crypto bags from the donor class.
Also, a USCR will create endless investigations into how much the XRP, SOL and ADA owners donated to Trump.
Then another wave of investigations into how much of those tokens (and related projects) are owned by the administration, their families and the colleagues around them.
And for what purpose? How is it strategic at this moment in time to own crypto as opposed to say health care, closing the border or lowering the debt?
Also, we can just TAX crypto and put that money in a USCR.
Then you don’t have to TAX AMERICANS to buy the bags of the crypto people who donated a HUGE amount of money to Trump.
This will be the issue that derails his second term.
@burrytracker So many clueless takes tonight on CT tonight and all the macro gurus just keep copying each other.
China announced they were changing the way this was calculated 2 months ago, but all the gurus think is “oh maybe China just doubled the money supply over night”