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NY Federal Reserve Chief: Take out a HELOC or 2nd mortgage to consume more! Hehe
| tripping bespoke theater puppy | 05/21/19 |
| Arrogant Area Dopamine | 05/21/19 |
| tripping bespoke theater puppy | 05/21/19 |
| territorial lay | 05/21/19 |
| tripping bespoke theater puppy | 05/21/19 |
| big goal in life public bath | 05/22/19 |
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| territorial lay | 06/10/19 |
| Mauve shrine | 05/22/19 |
| big goal in life public bath | 05/22/19 |
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| vigorous gold hall | 05/22/19 |
| tripping bespoke theater puppy | 05/22/19 |
| Diverse fear-inspiring idea he suggested hell | 05/22/19 |
| tripping bespoke theater puppy | 05/22/19 |
| soul-stirring giraffe | 05/22/19 |
| big goal in life public bath | 05/22/19 |
| tripping bespoke theater puppy | 05/22/19 |
| Charcoal free-loading factory reset button | 05/27/19 |
| Umber casino | 05/22/19 |
| exhilarant boistinker | 05/22/19 |
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| tripping bespoke theater puppy | 05/22/19 |
| soul-stirring giraffe | 05/22/19 |
| tripping bespoke theater puppy | 05/22/19 |
| exhilarant boistinker | 05/22/19 |
| soul-stirring giraffe | 05/22/19 |
| tripping bespoke theater puppy | 05/22/19 |
| soul-stirring giraffe | 05/22/19 |
| rough-skinned razzle pit | 05/22/19 |
| tripping bespoke theater puppy | 05/23/19 |
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| tripping bespoke theater puppy | 06/10/19 |
| Wild Trump Supporter Library | 05/22/19 |
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| tripping bespoke theater puppy | 05/27/19 |
| rough-skinned razzle pit | 05/28/19 |
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| rough-skinned razzle pit | 06/10/19 |
| tripping bespoke theater puppy | 06/10/19 |
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| spruce stage | 09/18/20 |
Poast new message in this thread
Date: May 21st, 2019 9:29 PM Author: tripping bespoke theater puppy 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: Arrogant Area Dopamine (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38269228) |
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Date: May 21st, 2019 9:56 PM Author: tripping bespoke theater puppy (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38269395) |
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Date: May 21st, 2019 9:58 PM Author: territorial lay 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) |
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Date: May 21st, 2019 9:58 PM Author: tripping bespoke theater puppy Guy should be fucking strung up
But the issue is everyone on the Fed thinks this |
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Date: May 22nd, 2019 6:51 AM Author: big goal in life public bath (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38270586) |
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Date: May 23rd, 2019 8:12 AM Author: Bat Shit Crazy Ape House (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38276125) |
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Date: June 10th, 2019 3:59 PM Author: spruce stage (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38368477) |
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Date: June 10th, 2019 6:22 PM Author: territorial lay I stand by this poast. (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38369187) |
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Date: May 22nd, 2019 6:50 AM Author: Mauve shrine unreal (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38270585) |
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Date: May 22nd, 2019 6:51 AM Author: big goal in life public bath (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38270587) |
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Date: May 22nd, 2019 6:52 AM Author: maniacal whorehouse lettuce (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38270590) |
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Date: May 22nd, 2019 7:03 AM Author: vigorous gold hall 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) |
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Date: May 22nd, 2019 9:54 AM Author: tripping bespoke theater puppy (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38271034) |
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Date: May 22nd, 2019 10:10 AM Author: Diverse fear-inspiring idea he suggested hell H E H E E H E |
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Date: May 22nd, 2019 11:18 AM Author: tripping bespoke theater puppy (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38271399) |
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Date: May 22nd, 2019 11:43 AM Author: soul-stirring giraffe "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" |
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Date: May 22nd, 2019 11:54 AM Author: big goal in life public bath (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38271568) |
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Date: May 22nd, 2019 1:26 PM Author: tripping bespoke theater puppy (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38272098) |
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Date: May 27th, 2019 2:58 PM Author: Charcoal free-loading factory reset button (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38296519) |
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Date: May 22nd, 2019 11:46 AM Author: Umber casino "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) |
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Date: May 22nd, 2019 11:52 AM Author: exhilarant boistinker holy shit evan ur crazy (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38271561) |
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Date: May 22nd, 2019 12:00 PM Author: Twisted organic girlfriend (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38271597) |
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Date: May 22nd, 2019 12:28 PM Author: tripping bespoke theater puppy (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38271747) |
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Date: May 22nd, 2019 3:16 PM Author: soul-stirring giraffe 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) |
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Date: May 22nd, 2019 3:31 PM Author: tripping bespoke theater puppy (Bankrupt guy in 2009) (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38272840) |
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Date: May 22nd, 2019 4:18 PM Author: exhilarant boistinker (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38273095) |
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Date: May 22nd, 2019 6:10 PM Author: soul-stirring giraffe 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. |
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Date: May 22nd, 2019 6:11 PM Author: tripping bespoke theater puppy 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) |
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Date: May 22nd, 2019 6:13 PM Author: soul-stirring giraffe My overall LTV is like 60%. I’m not overleveraged. (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38273675) |
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Date: May 22nd, 2019 6:16 PM Author: rough-skinned razzle pit "Even though home values have risen over 40% since 2012, housing debt has stayed virtually flat, he said."
Outrageous! |
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Date: May 23rd, 2019 8:10 AM Author: tripping bespoke theater puppy Note how they choose 2012, not 2008 (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38276123) |
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Date: May 22nd, 2019 6:51 PM Author: Iridescent Boltzmann Native 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) |
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Date: June 10th, 2019 4:00 PM Author: tripping bespoke theater puppy (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38368486) |
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Date: May 22nd, 2019 6:52 PM Author: Wild Trump Supporter Library “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* |
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Date: May 23rd, 2019 8:17 AM Author: Charismatic address selfie I admire this level of shamelessness (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38276135) |
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Date: May 27th, 2019 2:56 PM Author: tripping bespoke theater puppy (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38296512) |
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Date: May 28th, 2019 4:20 AM Author: rough-skinned razzle pit 💰 (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38300030) |
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Date: May 28th, 2019 4:49 AM Author: fishy wagecucks hope he gets raped by a pack of niggers (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38300043) |
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Date: June 10th, 2019 3:51 PM Author: rough-skinned razzle pit Report: Americans in DEBT up to eyeballs. Econ Crash = Mad Max scenario
http://xoxohth.com/thread.php?thread_id=4279848&forum_id=2 |
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Date: June 10th, 2019 6:11 PM Author: tripping bespoke theater puppy (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38369160) |
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Date: June 10th, 2019 7:15 PM Author: big-titted naked french chef Truly absurd. (http://www.autoadmit.com/thread.php?thread_id=4266518&forum_id=2#38369378) |
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Date: June 10th, 2019 7:45 PM Author: Nofapping burgundy fat ankles scourge upon the earth 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. |
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Date: September 18th, 2020 2:45 PM Author: spruce stage is this smart?
help |