Did you know about the bad economic data? Hopefully the Fed can keep help keep our dying nation afloat somehow. The Wall Street rigging seems to be going pretty well overall. Although a lot of people hate the Fed I am impressed at how well things are going in the USA seeing as how we should probably already be in a complete crisis.
Friday 2-22
#king
495.968 SP
2716 VP
i think it will come like ''the Wallstreet guys'' already admins, it be rough economies the next 2 to 5 years!
The question for me is: will the phase of the next years lead in to global depression, for multiple reasons like: china's - US interest problem (Trade War), Brexit crisis, EU Data-security laws GDPR, and general stagnation in World market, to name a few topics...?
What is your opinion ?
Greets
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Right now it looks like S*** is heading for the fan. I would have to assume the USA is beginning the dying nation process and I doubt we will be much of a global superpower in 20 years. Hopefully we can avoid hyperinflation but we shall see.
I am optimistic about Russia and China though. Russia seems to be doing very well even with sanctions and China might be ready to assume it's role as the global superpower and let the USA dollar fall.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think we are near another financial collapse, I got my tax assessment on my property and it was twenty six thousand more than last year. There's just no way. The last time it got anywhere near that was right before the last collapse it came in at one hundred twenty six thousand, after the housing crash it dropped and dropped and dropped until it was a mere six thousand more than I paid for the place, one year and I'd been in a net negative. Plus all the building for the gentrification of downtown I notice is slowing quite a bit. All the buildings they have built with apartment above and retail below sit half empty in regards to occupancy whether retail or the apartments. It's been that way for most of them since they were built. Probably a lot harder than they thought to find a demand for dog house spaced apartments for twelve hundred or more a month.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Are you living in a mansion or something? lol Are you out in Kent county?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes, about a mile down the road from the "gentrification" mode. I mean I get it that my property is a duplex a mile from a highly developing area, across from a park that some young millennial couple looking to live cheaply but close to an area like that would love but my house doesn't have a lot of the newer upgrades seen in other large homes around me that have been bought and upgraded...that makes a difference, those owners expect an increase for the investment they put into them, if I did the same I'd probably feel the same but no realtor is coming through here with outdated kitchens, bathrooms, older furnaces, dated roof and say my house is worth as much as those who have had upgrades.
Most the houses around me are still single family homes but have been bought by investors who have gone in and torn out everything, totally updated them, even put bedrooms in the basements with egress windows so they could get more college kids in a house...which is against ordinances that says you can only have four unrelated adults to a household (which the city lets them get away with, it's not like I haven't complained but it's all the colleges coming in downtown that is bringing in the revitalization) These people are ranking in rents from two thousand a month to twenty five hundred, on a duplex around the corner they are getting three thousand, so I can see where they don't complain about increase property value with the kind of profits they are making, considering most these homes went on the market for about thirty, forty thousand when the market crashed.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Why don't you get some college roommates and cash in or move and cash in?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I don't know why I can't push myself to go see an investor, I guess you get stuck in that rut of thinking of sacrificing your life to better the life for the kids and grand kids. It really sucks but I don't know how to change that mindset I guess.
For now I like living alone, first time in a long time there's no stress or drama involved on a daily basis. When you get a roommate it all sounds good at first but it rarely works out in the long run.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yeah I'm somewhat similar. You might be able to move out though and get very high rent. At least you have a nice nest egg even if you do nothing at all though.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I tried moving out a few years back, managing a set of tenants living next to you isn't bad but managing two sets when you don't can be challenging...though I do have to say that was a period when the neighborhood was going into a decline and finding good people who wanted to rent around here anymore was getting tougher, now things have turned around or are turning around it might prove different. I've given thought to that, I haven't ruled out moving and letting my kid continue to rent next door...with rents as high as they are I'd have to trek out a ways though not to get soaked in a high rent payment. lol.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
hi sunlit, the housing market is tough. Also a nice market measurement tool the fasts your describing in for post, the tax issue.
in which city is property, just curious ;O)
I live in Germany and we have a similar the bubble situation like 2008 in the US.
World markets are tense. But is guess in Germany the housing market will be blowing up for longer in the big city's. The reason for that is lacking space....
I hope we get the new economies running soon, maybe the is your change stop the coming depression !
Greetings form Germany!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I live in Michigan...a couple hours away from mysearchisover.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @mysearchisover! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You got a 0.86% upvote from @minnowvotes courtesy of @mysearchisover!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit