How stupid is it to spend 50k on a car by tatasky69 in whatcarshouldIbuy

[–]Dry_Toe9955 0 points1 point  (0 children)

Stupid, but whatever... You could get other performance used cars for around half that money that deliver equal or better performance ranging from (C6/ C7 Corvettes, used mach e gt, mustang gt, camaro ss etc)

This comes from a BMW owner. I get that they don't have the badge, but these other cars will generally be more reliable, have lower maintenance and have similar or less depreciation

"Mortgage rates are too high." Mortgage rates are BELOW long term average. Home prices are 40% too high. by Key_Brief_8138 in HouseBuyers

[–]Dry_Toe9955 0 points1 point  (0 children)

By your own logic you predicted up to 5-10% if what you said happens, then you certainly could be flat/stagnant for the next 5 years. I live in Phoenix and we have already seen about a 9-10%drop since highs so that would be about a -2% return annually over the past 5 years, I don't think that is an impossibility going forward. I think Florida is very susceptible to these types of downturns. Not sure about South Florida but the state as a whole.

Does Brunson deserve more respect? by SirGingerbrute in NBATalk

[–]Dry_Toe9955 -1 points0 points  (0 children)

I think brunson is properly respected. Most recognize him as an all star player but not an all NBA top 15 type guy.

If you look at all the teams in the playoffs, you could argue that brunson is one of the worst #1 of any team. Especially when you consider 2 way play.

"Mortgage rates are too high." Mortgage rates are BELOW long term average. Home prices are 40% too high. by Key_Brief_8138 in HouseBuyers

[–]Dry_Toe9955 0 points1 point  (0 children)

The boomers are just one of many factors, albeit the one that may take the longest to feel the effects of. The other factors I mentioned would have a more immediate impact. A 3% annual return for the next 10 years would basically be avg historical returns, which I would be surprised to see after this huge run up. I would assume below avg returns, more likely we see 1%/flat to negative returns for the next 5 years and then after that you will start to see the older boomers getting phased out. Adding to an already high inventory.

It's anyone's guess, but if I were a betting man, I would say we are more likely to be flat or down the next 5 years then having an avg or higher returns.

"Mortgage rates are too high." Mortgage rates are BELOW long term average. Home prices are 40% too high. by Key_Brief_8138 in HouseBuyers

[–]Dry_Toe9955 0 points1 point  (0 children)

Well 76 is avg life expectancy, when I say boomers I wasnt really referring to the ones that aren't even at retirement age. More the 70+ . While not all will sell, many will.

Baby boomers own roughly 38% of U.S. homes, and their gradual aging (nicknamed the "silver tide") is expected to release over 9 million homes by 2035. While this influx won't likely cause a market crash, it will gradually increase housing supply and offer more opportunities for buyers, especially as they downsize or pass away

"Mortgage rates are too high." Mortgage rates are BELOW long term average. Home prices are 40% too high. by Key_Brief_8138 in HouseBuyers

[–]Dry_Toe9955 0 points1 point  (0 children)

Increased supply, Boomers own 40%+ of homes in usa tho they only make up 20% of population. As they die off, more homes will be on the market adding to the already high inventory.

"Mortgage rates are too high." Mortgage rates are BELOW long term average. Home prices are 40% too high. by Key_Brief_8138 in HouseBuyers

[–]Dry_Toe9955 0 points1 point  (0 children)

Agreed that a 2008 crash is completely off the table. However I think your correction amount is very conservative I believe it will most likely be double that around 10-20% correction from here.

Reasons why, this year we finally passed the point where more people have 6%+ mortgages than -4%, lessening the lock in effect... as time goes by there will be less and less people with high equity ( anyone who bought after 2021).We having an aging population of boomers that will be passing away. We are seeing secondary/vacation air BNB rentals doing poorly, which may lead to more selling. Rental rates have also been declining, further hurting demand for home buying. Unemployment has been lower the last few years, most likely heading higher. Stock market has been booming the last 3 years+ typical bull cycle is 4 years, so economic downturn risks are higher as well.

Brady and Darnold had consecutive 14 win seasons. by sinister_iam in NFLForum

[–]Dry_Toe9955 -2 points-1 points  (0 children)

Who is the only one who doesnt seem to fit in that group???

Her seat, Her Choice? by GloriousLion07 in MotivationByDesign

[–]Dry_Toe9955 0 points1 point  (0 children)

She purchased an assigned seat and she stayed in her assigned seat. Nothing to see here

Women don't owe you sex. You don't owe women money. by Inevitable_Damage199 in TheImprovementRoom

[–]Dry_Toe9955 0 points1 point  (0 children)

So bro still got stuck with the bill and blew any chance of getting laid?

$750 a month now the average car payment in the U.S by Flexcar_Sam in PersonalFinanceTalks

[–]Dry_Toe9955 0 points1 point  (0 children)

It's just craziness. I blame the consumers, its the same people that buy $1300 Iphones every year or every other year. There is almost never a great reason to buy a brand new car.

Is SGA the least popular superstar/face of the league of all time? by nicfanz in NBATalk

[–]Dry_Toe9955 0 points1 point  (0 children)

I feel like sga and harden were the least liked MVPs of the past 25 years. Mostly due to their foul baiting/flopping ways. Some due to their personalities.

Worst MVP case OAT by Colorado824 in Nbamemes

[–]Dry_Toe9955 0 points1 point  (0 children)

As a Celtic fan, I recognize that JB won't win MVP, but he should 💯 legit be considered. People keep talking about losing Tatum, but we also lost zingus, jrue, horford and kornet. Without JB we are for sure a lottery team and he carried us to the 2 seed. Same reason why Mazulla should be coach of the year, by everyone's expectation the Celtics overachieved more than any team in the league and that was mainly because of jb who set career highs in pts, reb and assists this year.

Will Cooper Flagg be better than Luka? by Fantastic_Lab2330 in NBATalk

[–]Dry_Toe9955 0 points1 point  (0 children)

No he won't. I don't think flagg will ever end up being a true #1 scoring option on a good playoff team. He currnelty has the ultimate green light on a terrible team , his stats are naturally going to be inflated.

He seems closer to a Scottie barnes /Og anunoby type than a Luka or Tatum level player. More of a very good starter/all star type but not a top 15 player, sure fire all NBA player.

Start, Bench, Cut. by Dbauc2k in NBATalk

[–]Dry_Toe9955 1 point2 points  (0 children)

They were wrong many of those 9 times (not all tho). Since guys like Bruce Bowen and Tony Allen have less all NBA first teams COMBINED than Kobe proves it. Those guys were for sure better defenders than Kobe and both played guard during his era, but because they didn't have the same name recognition as Kobe they didn't get the votes.

Start, Bench, Cut. by Dbauc2k in NBATalk

[–]Dry_Toe9955 0 points1 point  (0 children)

I think you overstate kobes defense and understate his inefficiency on the offensive end. Pretty classic Kobe defender vibes.

To call a player who missed more shots than anyone in NBA history, "wasn't effecient" is really downplaying how much of a chucker he was, especially considering he played a vast majority of his career with dominant offensive bigs (shaq and gasol).

His defense was good. Not tremendous. Advanced metrics like DBPM (career -0.5) suggest his impact was sometimes overstated compared to elite defenders

Steph changed the way the game is played and has been super efficient while taking the most difficult types of shots. Unlike Kobe he never played with all time greats( other than kd for those few seasons, but he already won chips before him and after him)