Yeah I’m on Florida’s side

I wonder what hotel they’re staying at

11 minutes ago, BDawk_ASamuel said:

I wonder what hotel they’re staying at

I didn’t realize so many people didn’t like Charles.

18 minutes ago, BDawk_ASamuel said:

I wonder what hotel they’re staying at

Could produce some interesting video for the 2028 election season.

"They don't collect benefits".......

WASHINGTON (AP) — President Donald Trump’s administration this week provided deportation officials with personal data -- including the immigration status -- on millions of Medicaid enrollees, a move that could make it easier to locate people as part of his sweeping immigration crackdown.

2 hours ago, TEW said:

You’re probably right that the majority of housing occupied by immigrants are rentals. But wouldn’t the trickle down effect be significantly lower rent prices, which would allow faster savings for down payments? And with the baby boomers aging and beginning to die off, won’t the stock single family homes begin to increase?

Housing is a significant issue where I live in Northern California. One of the dynamics of that issue is that developers don’t want to build houses that are affordable. They want to build houses that because of their size and amenities are unaffordable for young families, especially young families with children. The large homes that the boomers raised their children in are priced well over $1 million, which at $500 per square foot only gets you 2,000 square feet for that $1 million. The result is that an empty nest couple both working in the tech industry inhabits the house with 2.0 people, and the prior owners more than likely raised 2 or 3 children there. So the density of that house plunged between 100% and 150%. The result is that in 2023, the average household size was 2.51 people, which is down from 3.33 in 1960 and a peak of 5.79 in 1790.

That means we need 1.83 houses to house the same population that required 1 house in 1960. Your economic expertise clearly tells you what that does to the supply/demand curve for housing prices. Bottom-line, there will be no decrease in housing prices in our lifetime.

Good conversation. Thanks.

6 hours ago, TEW said:

And if building new housing increases the cost of housing by "resetting” home sale comps higher, then that isn’t a solution.

So we need cheaper housing and we can’t solve it through building.

You drank the kool-aid. Abandoned what little reason you held on to.

7 hours ago, TEW said:

Well, I think you’ve supported my point.

It seems that the fertility crisis is largely a financial issue. People want a certain standard of living, and will have fewer/no children to maintain that standard of living. So this is the largest impediment.

And if building new housing increases the cost of housing by "resetting” home sale comps higher, then that isn’t a solution.

So we need cheaper housing and we can’t solve it through building.

If only there were a way to free up 20 million or so homes without building new ones, like removing tens of millions of non Americans from the pool of buyers and renters…

The high cost of homes is absolutely directly proportional to zoning laws limiting the use of lands to build housing. Outside of the four super populated counties in Florida there’s like zero zoning, so all kinds of developments and apartments are going up. The prices have gone up since the Rona but not to the level they should have given the net flow of internal immigration to FL because they’re constantly building. I think you’re overthinking the dynamic a bit.

Also what kind of homes do you generally think illegals live in? Do you think there’s like one or two per 2,800 sq ft ranch or something?

3 hours ago, mattwill said:

Housing is a significant issue where I live in Northern California. One of the dynamics of that issue is that developers don’t want to build houses that are affordable. They want to build houses that because of their size and amenities are unaffordable for young families, especially young families with children. The large homes that the boomers raised their children in are priced well over $1 million, which at $500 per square foot only gets you 2,000 square feet for that $1 million. The result is that an empty nest couple both working in the tech industry inhabits the house with 2.0 people, and the prior owners more than likely raised 2 or 3 children there. So the density of that house plunged between 100% and 150%. The result is that in 2023, the average household size was 2.51 people, which is down from 3.33 in 1960 and a peak of 5.79 in 1790.

That means we need 1.83 houses to house the same population that required 1 house in 1960. Your economic expertise clearly tells you what that does to the supply/demand curve for housing prices. Bottom-line, there will be no decrease in housing prices in our lifetime.

Good conversation. Thanks.

While only building homes for the higher brackets isn’t ideal, it does free up inventory that the next bracket below fills, and so on. Doesn’t move the needle a whole lot, but it still moves it a tiny bit.

15 minutes ago, Bill said:

While only building homes for the higher brackets isn’t ideal, it does free up inventory that the next bracket below fills, and so on. Doesn’t move the needle a whole lot, but it still moves it a tiny bit.

It moves the needle in a balanced Supply/Demand scenario, but the reality of the majority of housing markets in the US is that they are out of balance, with Demand significantly outstripping Supply. That is why the suggestion of @TEW is the only kind of change to either Supply or Demand that is capable of moving the needle … a massive change. But as I pointed out earlier, TEW’s massive population change comes with consequences in lots of parts of the Economy other than Housing.

Another factor that makes your "next bracket fills” argument unlikely is the increased and increasing entry into the market of institutional investors adding a new component of Demand. Those institutional investors are buying homes with the express purpose of transforming them from owner-occupancy into renter-occupancy. That new component of Demand is doubly "strong” in its upward pressure on sales prices. Since it is new, incremental Demand, that puts upward pressure on prices. But in addition institutional Demand is much more price elastic than individual Demand is. Said another way, institutional investors are much better able to handle price increases than individuals are. The reason for that is that if an institutional investor has to pay $50,000 more to purchase a house then they simply increase the rent they are asking for the house, but if an individual buyer has to pay $50,000 more for the house there is no one to pass that additional cost on to. It probably means a $50,000 increase in their mortgage amount borrowed.

Bottom- line, our society’s decision to look at housing as an investment with desired Return on Investment has created the affordability issues we face.

13 hours ago, JohnSnowsHair said:

You drank the kool-aid. Abandoned what little reason you held on to.

Is that the same as the Covid flavored kool-aid?

TACO at it again...

https://www.cbsnews.com/news/ice-directed-to-pause-immigration-arrests-at-farms-hotels-and-restaurants/

The Trump administration has directed Immigration and Customs Enforcement to halt arrests at farms, restaurants and hotels amid concerns that the president's crackdown on illegal immigration is hurting key industries, two sources familiar with the abrupt policy change told CBS News.

6 hours ago, The_Omega said:

So you're saying he's qualified to be president now?

On 6/13/2025 at 10:55 PM, mattwill said:

It moves the needle in a balanced Supply/Demand scenario, but the reality of the majority of housing markets in the US is that they are out of balance, with Demand significantly outstripping Supply. That is why the suggestion of @TEW is the only kind of change to either Supply or Demand that is capable of moving the needle … a massive change. But as I pointed out earlier, TEW’s massive population change comes with consequences in lots of parts of the Economy other than Housing.

Another factor that makes your "next bracket fills” argument unlikely is the increased and increasing entry into the market of institutional investors adding a new component of Demand. Those institutional investors are buying homes with the express purpose of transforming them from owner-occupancy into renter-occupancy. That new component of Demand is doubly "strong” in its upward pressure on sales prices. Since it is new, incremental Demand, that puts upward pressure on prices. But in addition institutional Demand is much more price elastic than individual Demand is. Said another way, institutional investors are much better able to handle price increases than individuals are. The reason for that is that if an institutional investor has to pay $50,000 more to purchase a house then they simply increase the rent they are asking for the house, but if an individual buyer has to pay $50,000 more for the house there is no one to pass that additional cost on to. It probably means a $50,000 increase in their mortgage amount borrowed.

Bottom- line, our society’s decision to look at housing as an investment with desired Return on Investment has created the affordability issues we face.

Housing being an investment and institutional investors are a symptom of the problem, not the problem itself. The investors are only there because the product itself is scarce, and the scarcer the product the more easy it is to make money off of it.

Institutional investors and viewing housing as an investment have absolutely zero to do with the overall problem. Its like blaming a headache on not taking Acetaminophen when there's a brain tumor. It's crap zoning and over regulation.

I think you may be looking too in depth at a tree when there's a whole forest out there.

17 hours ago, Mike030270 said:

Pro: The Marines acted with restraint and were very courteous wrt the detainment.

Cons: It happened in the first place.

You retards called Biden a dictator when he said you shouldn't post lies on twitter

15 hours ago, It Hurts said:

the cartel does that daily (minus the american flag) and the mexican police stand by and let it happen.

wow, what an awesome analogy, dope.

The Independent

ICE could run out of money next month and is already $1bn...

The Department of Homeland Security has requested an extra $2 billion to meet its needs by the end of September

Interesting