Greg Samaha

Eating protein and ignoring symptoms of body dysmorphia since 2020.

[Greg Samaha @SamahaGreg]

@CannonTROU @Timcast This metric is easily explained by only homes at higher price points changing hands. It says nothing about what people are paying for a “typical home”. Low transaction volume is skewed more towards the more affordable section of the market

[Greg Samaha @SamahaGreg]

@investinguab Buy gold sell real estate is a cohesive position if you’re predicting dollar flight and your real estate is US based.

[Greg Samaha @SamahaGreg]

@simonwilson2304 @EuropeanHerSoc Duck eggs look like that too. I guess ducks are really chickens, they’ve just been fooling us this whole time. I’m glad you caught it. They should give you the Nobel prize.

[Greg Samaha @SamahaGreg]

@TonyNashNerd P.S. your argument is like saying truck prices have gone down per pound but the per pound price has only gone down because new trucks are behemoths. Who gives a fuck about the per pound price has gone down. I don’t want an F-450, I want the equivalent of a 2000 Tacoma

[Greg Samaha @SamahaGreg]

@TonyNashNerd Lots have gotten smaller and homes have gotten bigger. People do not have the option of a reasonable starter home. The elevated home price per square foot was based on a smaller home. Adjust for home size and land value and I’m sure the graph will be very different.

[Greg Samaha @SamahaGreg]

@StumpGuyTy @AmazingP18614 Why would they not have their own machine?

[Greg Samaha @SamahaGreg]

@Jacob_Naviaux @theficouple Yes, they will loan 43% of gross. That’s easily 50% of take home.

[Greg Samaha @SamahaGreg]

@DefiWimar 1200 was the low last cycle. Not going there again.

[Greg Samaha @SamahaGreg]

@EzathAI @WhaleNoName “No incentive to list” is case specific. Primary residence with no income problems or life events - no incentive, I agree. But that is an unusual seller. There is almost always some sort of selling motivation due to life or cost (investment that doesn’t cash flow, divorce etc)

[Greg Samaha @SamahaGreg]

@scotlandsawake @grok who is this meme of?

[Greg Samaha @SamahaGreg]

@jonbrooks Sounds like they came up with a way to identify the riskier homes and intend to prune them from their portfolio. It happens in commercial insurance but we send inspectors (economically viable to send a person at larger premiums).

[Greg Samaha @SamahaGreg]

@RFMpropagandist @jonbrooks Adds to rental stock, which pressures rents, which expands the delta vs a mortgage on a similar property, which reduces buyers, which reduces prices. Housing stock is housing stock.

[Greg Samaha @SamahaGreg]

@anishmoonka This is far too long of a post to tell everyone that they’re selling cars to unsophisticated subprime buyers and foisting the paper on idiots who don’t recognize the ticking time-bomb in their portfolio.

Interest rates go up, and they for sure are “going somewhere” - bk court

[Greg Samaha @SamahaGreg]

@crazychrisisba @jonbrooks Just go on Zillow and find a house that is 700,000. Then click any equivalent house in the same neighborhood that is off market but close in square footage. Zillow will give you a rent estimate and you’ll see what he’s saying.

[Greg Samaha @SamahaGreg]

@brivael This would be true, but musk has been collecting money from the government in huge sums.

[Greg Samaha @SamahaGreg]

@FaceMelterM66 @silvertrade He’s proposing that many longs were offered above market to close their position early, which they took rather than rolling into a future month where delivery isn’t looking likely.

[Greg Samaha @SamahaGreg]

@jameshenryand @Ole_S_Hansen There will be no ‘default’ in the same way that the us government will never ‘default’ on treasuries. They can both default in spirit and all that’s needed to fracture trust.

[Greg Samaha @SamahaGreg]

@minombrejonas @PGATUOR How could she honestly not want to hear what ANYONE else thinks about anything? There’s not ONE person who she thinks “this person is smart & or funny, I want their take on things”?

[Greg Samaha @SamahaGreg]

@ChrisTakushi @NorthmanTrader That sounds amazing. I can’t believe we’ve stumbled into such a panacea.

[Greg Samaha @SamahaGreg]

@moneyslap999 @lowstakesdre Having fun peddling garbage?