The most prestigious law school admissions discussion board in the world.
|
 |
 
|
NY Federal Reserve Chief: Take out a HELOC or 2nd mortgage to consume more! Hehe
| Zippy Nursing Home | 05/21/19 |
| stimulating yellow field useless brakes | 05/21/19 |
| Zippy Nursing Home | 05/21/19 |
| supple trump supporter national | 05/21/19 |
| Zippy Nursing Home | 05/21/19 |
| Indecent sapphire cumskin | 05/22/19 |
| Exhilarant School Ratface | 05/23/19 |
| Shaky soul-stirring university sound barrier | 06/10/19 |
| supple trump supporter national | 06/10/19 |
| navy awkward piazza mad-dog skullcap | 05/22/19 |
| Indecent sapphire cumskin | 05/22/19 |
| provocative chrome tank | 05/22/19 |
| Motley outnumbered quadroon | 05/22/19 |
| Zippy Nursing Home | 05/22/19 |
| Hairraiser partner stead | 05/22/19 |
| Zippy Nursing Home | 05/22/19 |
| Glassy hateful background story | 05/22/19 |
| Indecent sapphire cumskin | 05/22/19 |
| Zippy Nursing Home | 05/22/19 |
| Rambunctious Idiot | 05/27/19 |
| unhinged stage | 05/22/19 |
| floppy bonkers area | 05/22/19 |
| Wine titillating parlour gunner | 05/22/19 |
| Zippy Nursing Home | 05/22/19 |
| Glassy hateful background story | 05/22/19 |
| Zippy Nursing Home | 05/22/19 |
| floppy bonkers area | 05/22/19 |
| Glassy hateful background story | 05/22/19 |
| Zippy Nursing Home | 05/22/19 |
| Glassy hateful background story | 05/22/19 |
| maize yarmulke | 05/22/19 |
| Zippy Nursing Home | 05/23/19 |
| Wild indian lodge doctorate | 05/22/19 |
| Zippy Nursing Home | 06/10/19 |
| razzmatazz dilemma becky | 05/22/19 |
| Demanding crotch associate | 05/23/19 |
| Zippy Nursing Home | 05/27/19 |
| maize yarmulke | 05/28/19 |
| chestnut mexican | 05/28/19 |
| maize yarmulke | 06/10/19 |
| Zippy Nursing Home | 06/10/19 |
| Peach location | 06/10/19 |
| contagious fighting office striped hyena | 06/10/19 |
| Shaky soul-stirring university sound barrier | 09/18/20 |
Poast new message in this thread
Date: May 21st, 2019 9:29 PM Author: Zippy Nursing Home Global Capitalism in a fucking nutshell
https://www.marketwatch.com/amp/story/guid/48948286-DCBE-11E6-AB45-A19C54550C01
New York Fed President William Dudley on Tuesday encouraged homeowners to find “prudent” ways to tap into the equity that has built up in the homes, saying the boost in consumption would be a welcome shot-in-the-arm to the economy.
The shape of household finances was a hidden strength of the economy, he said.
“The good news is that, while the current expansion is quite old in chronological terms, it is still relatively young in terms of the health of household finances,” Dudley said in a speech to the National Retail Federation.
“Whatever the timing, a return to a reasonable pattern of home equity extraction would be a positive development for retailers, and would provide a boost to economic growth,” Dudley said.
Homeowners may have overlearned the lessons from the housing boom and bust, the New York Fed [resident said.
Even though home values have risen over 40% since 2012, housing debt has stayed virtually flat, he said.
“The previous behavior of using housing debt to finance other kinds of consumption seems to have completely disappeared,” and people are leaving the wealth generated by rising home prices “locked up” in their homes, he said. |
Date: May 21st, 2019 9:37 PM Author: stimulating yellow field useless brakes (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38269228) |
|
Date: May 21st, 2019 9:56 PM Author: Zippy Nursing Home (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38269395) |
|
Date: May 21st, 2019 9:58 PM Author: supple trump supporter national For someone in his position to say this... It should be a capital offense. (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38269406) |
 |
Date: May 21st, 2019 9:58 PM Author: Zippy Nursing Home Guy should be fucking strung up
But the issue is everyone on the Fed thinks this |
|
Date: May 22nd, 2019 6:51 AM Author: Indecent sapphire cumskin (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38270586) |
|
Date: May 23rd, 2019 8:12 AM Author: Exhilarant School Ratface (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38276125) |
|
Date: June 10th, 2019 3:59 PM Author: Shaky soul-stirring university sound barrier (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38368477) |
|
Date: June 10th, 2019 6:22 PM Author: supple trump supporter national I stand by this poast. (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38369187) |
|
Date: May 22nd, 2019 6:50 AM Author: navy awkward piazza mad-dog skullcap unreal (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38270585) |
|
Date: May 22nd, 2019 6:51 AM Author: Indecent sapphire cumskin (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38270587) |
|
Date: May 22nd, 2019 6:52 AM Author: provocative chrome tank (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38270590) |
|
Date: May 22nd, 2019 7:03 AM Author: Motley outnumbered quadroon The equity should be leveraged to finance taco trucks and second homes -- not retail sales. That's his only mistake. Proles should be using home equity for investment properties or small business development. (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38270597) |
|
Date: May 22nd, 2019 9:54 AM Author: Zippy Nursing Home (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38271034) |
|
Date: May 22nd, 2019 10:10 AM Author: Hairraiser partner stead H E H E E H E |
|
Date: May 22nd, 2019 11:18 AM Author: Zippy Nursing Home (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38271399) |
|
Date: May 22nd, 2019 11:43 AM Author: Glassy hateful background story "a return to a reasonable pattern of home equity extraction"
"a return to a reasonable pattern of home equity extraction"
"a return to a reasonable pattern of home equity extraction"
"a return to a reasonable pattern of home equity extraction"
"a return to a reasonable pattern of home equity extraction" |
|
Date: May 22nd, 2019 11:54 AM Author: Indecent sapphire cumskin (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38271568) |
|
Date: May 22nd, 2019 1:26 PM Author: Zippy Nursing Home (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38272098) |
|
Date: May 27th, 2019 2:58 PM Author: Rambunctious Idiot (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38296519) |
|
Date: May 22nd, 2019 11:46 AM Author: unhinged stage "It's an investment in your self! And those get those best returns." (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38271541) |
|
Date: May 22nd, 2019 11:52 AM Author: floppy bonkers area holy shit evan ur crazy (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38271561) |
|
Date: May 22nd, 2019 12:00 PM Author: Wine titillating parlour gunner (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38271597) |
|
Date: May 22nd, 2019 12:28 PM Author: Zippy Nursing Home (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38271747) |
|
Date: May 22nd, 2019 3:16 PM Author: Glassy hateful background story On the HELOCs though, in all seriousness it’s not a bad idea to tap those, just not for consumer spending. Once you’ve got a decent LTV ratio on a piece of real estate (through appreciation or paying it down), it can be a good strategy to pull out enough for a down payment on a second, income-producing property. (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38272766) |
|
Date: May 22nd, 2019 3:31 PM Author: Zippy Nursing Home (Bankrupt guy in 2009) (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38272840) |
|
Date: May 22nd, 2019 4:18 PM Author: floppy bonkers area (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38273095) |
|
Date: May 22nd, 2019 6:10 PM Author: Glassy hateful background story I bought up a couple of cheap properties in 2010 and 2011. Wish I’d done more.
All from owner-occupiers, though. Non-luxury rental properties that cash flow are not that vulnerable to recession because rental demand tends to go up, not down, in a recession. Buying expecting appreciation is risky, though. |
|
Date: May 22nd, 2019 6:11 PM Author: Zippy Nursing Home That's a far cry from owning two properties with mortgages in 2007/2008 (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38273662) |
|
Date: May 22nd, 2019 6:13 PM Author: Glassy hateful background story My overall LTV is like 60%. I’m not overleveraged. (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38273675) |
|
Date: May 22nd, 2019 6:16 PM Author: maize yarmulke "Even though home values have risen over 40% since 2012, housing debt has stayed virtually flat, he said."
Outrageous! |
|
Date: May 23rd, 2019 8:10 AM Author: Zippy Nursing Home Note how they choose 2012, not 2008 (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38276123) |
|
Date: May 22nd, 2019 6:51 PM Author: Wild indian lodge doctorate LOL. The people who run our economy are so desperate to see growth continue at unsustainable rates that they'll resort to shit like this. (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38273829) |
|
Date: June 10th, 2019 4:00 PM Author: Zippy Nursing Home (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38368486) |
|
Date: May 22nd, 2019 6:52 PM Author: razzmatazz dilemma becky “Homeowners may have overlearned the lessons from the housing boom and bust, the New York Fed president said.”
*GC sends you to a consumer re-education camp* |
|
Date: May 23rd, 2019 8:17 AM Author: Demanding crotch associate I admire this level of shamelessness (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38276135) |
|
Date: May 27th, 2019 2:56 PM Author: Zippy Nursing Home (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38296512) |
|
Date: May 28th, 2019 4:20 AM Author: maize yarmulke 💰 (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38300030) |
|
Date: May 28th, 2019 4:49 AM Author: chestnut mexican hope he gets raped by a pack of niggers (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38300043) |
|
Date: June 10th, 2019 3:51 PM Author: maize yarmulke Report: Americans in DEBT up to eyeballs. Econ Crash = Mad Max scenario
http://xoxohth.com/thread.php?thread_id=4279848&forum_id=2 |
|
Date: June 10th, 2019 6:11 PM Author: Zippy Nursing Home (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38369160) |
|
Date: June 10th, 2019 7:15 PM Author: Peach location Truly absurd. (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38369378) |
|
Date: June 10th, 2019 7:45 PM Author: contagious fighting office striped hyena Obviously irresponsible to advocate this for average American.
Personally looking to do this though and do a cash out refi at 2.8%. That’s basically free money and looking to invest in another property. |
|
Date: September 18th, 2020 2:45 PM Author: Shaky soul-stirring university sound barrier is this smart?
help |