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Old 06-16-2021, 11:43 PM   #1
Rain Man Rain Man is online now
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I want to know wtf is going on in Antelope County, NE that warrants a 15.49% increase.
I'm guessing that a person must have moved there.
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Old 06-17-2021, 10:49 AM   #2
htismaqe htismaqe is offline
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All I know is that I can't move because the market moves too ****ing fast.

Found a house the other day and it was sold in 10 hours.
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Old 06-17-2021, 10:52 AM   #3
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And rents are skyrocketing out here as a result.
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Old 06-17-2021, 11:10 AM   #4
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And rents are skyrocketing out here as a result.
The only winners in all of this are landlords and county assessors.
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Old 06-17-2021, 11:12 AM   #5
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The only winners in all of this are landlords and county assessors.
Sellers are making out OK.
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Old 06-17-2021, 11:14 AM   #6
Bugeater Bugeater is offline
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Sellers are making out OK.
They're just going to give it all back assuming they're buying another home to live in.
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Old 06-17-2021, 12:08 PM   #7
Buehler445 Buehler445 is offline
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They're just going to give it all back assuming they're buying another home to live in.
This. Pretty much just estates of dead ****s.
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Old 06-17-2021, 11:14 AM   #8
htismaqe htismaqe is offline
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Originally Posted by eDave View Post
Sellers are making out OK.
Yep.
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Old 06-21-2021, 03:55 AM   #9
R8RFAN R8RFAN is offline
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All debt is still bad
Credit Card use is OK as long as you never carry a balance. If you carry a balance you should be using cash or debit cards as you are not disciplined enough to use credit.
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Old 06-21-2021, 06:25 AM   #10
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All debt is still bad
Credit Card use is OK as long as you never carry a balance. If you carry a balance you should be using cash or debit cards as you are not disciplined enough to use credit.
Everyone’s situation is different. So credit card use is different for everyone as well. You can’t place what works for you and state that’s what everyone should do as well. It’s silly. You are assuming that because someone doesn’t pay off their credit card bills monthly means that they are undisciplined. Again, that is just not correct. I don’t like carrying credit card balances, but that’s my situation and what works for me.
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Old 06-21-2021, 06:57 AM   #11
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All debt is still bad
Credit Card use is OK as long as you never carry a balance. If you carry a balance you should be using cash or debit cards as you are not disciplined enough to use credit.
2.5% mortgage rate.

Not bad debt as I put 25% of my salary into investment accounts.
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Old 06-21-2021, 07:57 AM   #12
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Originally Posted by R8RFAN View Post
All debt is still bad
Credit Card use is OK as long as you never carry a balance. If you carry a balance you should be using cash or debit cards as you are not disciplined enough to use credit.
$6k down on a $200k house. Now worth about $500k. Such bad debt.
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Old 06-21-2021, 08:37 AM   #13
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$6k down on a $200k house. Now worth about $500k. Such bad debt.
Yeah, that’s just ignoring math. He assumes all people don’t understand how to
manage debt. I have a $2MM commercial line of credit with my bank. I could use my money to manage my business, but why would I? My interest rate to borrow vs what I can make on my money in the market is a wide spread.

He’s swallowing far too much Dave Ramsey, which is primarily good for people that can’t manage (or understand) debt.
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Old 06-21-2021, 09:29 AM   #14
Buehler445 Buehler445 is offline
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Yeah, that’s just ignoring math. He assumes all people don’t understand how to
manage debt. I have a $2MM commercial line of credit with my bank. I could use my money to manage my business, but why would I? My interest rate to borrow vs what I can make on my money in the market is a wide spread.

He’s swallowing far too much Dave Ramsey, which is primarily good for people that can’t manage (or understand) debt.
Yeah, if I didn't use leverage I'd probably farm like 500 acres. And own none.

Dave Ramsey is unequivocally not applicable to business.
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Old 06-21-2021, 11:40 AM   #15
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Quote:
Originally Posted by ChiTown View Post
Yeah, that’s just ignoring math. He assumes all people don’t understand how to
manage debt. I have a $2MM commercial line of credit with my bank. I could use my money to manage my business, but why would I? My interest rate to borrow vs what I can make on my money in the market is a wide spread.

He’s swallowing far too much Dave Ramsey, which is primarily good for people that can’t manage (or understand) debt.
Ditto. I just use borrow money for business purposes which is smart business and tax wise.
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