We need major recession

[jalaganna]

8 hours ago, sarvayogi said:

3 rental homes...andulo okati 4 plex...340k base me and spouse...

2008 recession lo sanka nakipoindi first nee lanti batch ee, personally know a guy who had 12 homes in Florida, ended up being almost bankrupt

have a plan to save at least the home you are living

edo 2 stones ekkuva ragane nee intelligence anukoku. those stones will stop coming one day and you will hate yourselves for your stupid ideas.

do not bite more than you can chew

[sarvayogi]

4 minutes ago, jalaganna said:

2008 recession lo sanka nakipoindi first nee lanti batch ee, personally know a guy who had 12 homes in Florida, ended up being almost bankrupt

have a plan to save at least the home you are living

edo 2 stones ekkuva ragane nee intelligence anukoku. those stones will stop coming one day and you will hate yourselves for your stupid ideas.

do not bite more than you can chew

the recession if we get now is far far different from what 2008 happened..you need to get some basics straight first. Try to read on macroeconomics when you have time

[jagadesh01]

actually this time is very different from 2008, as fed has done almost a decade of quantitative easing, and most of the largest market cap companies are doing financial engineering for their stock prices, consumer spending seems to not slowing down at all atleast at the rate the fed wants, their is lot of parallel economy i think which complicates analyzing the market this time relative to 2008, i think the market will be fine we will have no recesion at-least in housing(please do read the home ownership and home ageing patern changes when you get some time). Also, at the same time their will lot of white collar correction(aka.. IT jobs inculded) though which doesn't mean much this time(my opinion i am not sure here as there are lot of un-knowns). And finally this whole decade is going to be expensive for the reason being reshoring/friend-shoring of industries and manufacturing activity from china, which will make things expensive if not keeping them at the same price, also here as for the reason being governments will have heavy hand through policy/regulation or sometime direct monetery investments the free fall as in 2008 is hard to comprehend. Again it's my opinion and even then i am myself don't know with certainity(adi teliste ikada enduku rasta😜).

[Manishican]

47 minutes ago, jalaganna said:

2008 recession lo sanka nakipoindi first nee lanti batch ee, personally know a guy who had 12 homes in Florida, ended up being almost bankrupt

have a plan to save at least the home you are living

edo 2 stones ekkuva ragane nee intelligence anukoku. those stones will stop coming one day and you will hate yourselves for your stupid ideas.

do not bite more than you can chew

I hope this recession will be bad as 2008 to bring everything back to atleast pre covid levels but not possible as banks are very strict in giving home loans compared to 2008. Also this will be a fed induced recession if there is any. Fed will start cutting interest rates as soon as it sees some job losses. This is the reason no one is listening. The only thing that can happen to get a 2008 similar recession is debt default which I doubt will happen.

[erisetipova]

On 5/13/2023 at 5:28 PM, sarvayogi said:

True...I get 10500 rental income along with 27000 me and spouse base income..

At times I donno what to do other than just keep buying homes..

commercial real estate okati chusa....3.9 M cheptunnadu...chudali If I can afford 

@tennisIuvrredux bro what is this fake story ya ?

[erisetipova]

On 5/13/2023 at 9:50 PM, Original Profile said:

Ivvale oka house warming ayyindhi. Phoenix lo 3000 sqft house 1.2M. Community lo new houses Ki names kuda tesukovatledu due to waitlist

@sarvayogi stays in 69M home giving BJ to @kingjames 

[manchulomajjiga]

On 5/13/2023 at 3:42 PM, Manishican said:

Aa house prices endhi

Aa inflation endhi

Aa interest rates endhi

Evadu thaggatledhu

People doing multiple jobs

People buying multiple homes

Unfortunately we need major recession to get things back to pre covid level.

True fking house prices man asalu ma vuru lo 2016 lo 200k petti konna vadu nidrapoyevadu kadu today 500k easy ga pettestunnaru

[Ravi860]

22 minutes ago, manchulomajjiga said:

True fking house prices man asalu ma vuru lo 2016 lo 200k petti konna vadu nidrapoyevadu kadu today 500k easy ga pettestunnaru

500k ante below middle class home la undi these days. Very cheap la chesesaru 

[manchulomajjiga]

1 minute ago, Ravi860 said:

500k ante below middle class home la undi these days. Very cheap la chesesaru 

Yaa fking no value ! 

[Manishican]

I think fed is one of the main culprit. If Any recession everyone believes fed will start cutting interest rates and start printing money

[Manishican]

https://www.google.com/amp/s/www.marketwatch.com/amp/story/mccarthy-says-still-far-apart-on-debt-ceiling-deal-with-biden-ddd9b6fa

[AllamTea23]

On 5/14/2023 at 3:58 AM, sarvayogi said:

True...I get 10500 rental income along with 27000 me and spouse base income..

At times I donno what to do other than just keep buying homes..

commercial real estate okati chusa....3.9 M cheptunnadu...chudali If I can afford 

buy gas stations, abacus coaching

[karna11]

On 5/13/2023 at 6:28 PM, sarvayogi said:

True...I get 10500 rental income along with 27000 me and spouse base income..

At times I donno what to do other than just keep buying homes..

commercial real estate okati chusa....3.9 M cheptunnadu...chudali If I can afford 

Entha pay chesthunnav taxes file chesinappudu.

[babu_bangaram]

people are sitting on tons of cash(printed earlier) ... crash aithe house konalo ... stocks konalo ani confusion lo vunaaru .....

[Manishican]

2 hours ago, babu_bangaram said:

people are sitting on tons of cash(printed earlier) ... crash aithe house konalo ... stocks konalo ani confusion lo vunaaru .....

Only job losses will cool down everything