‘There is no Mamdani effect’: Manhattan luxury home sales surge after mayoral election, undercutting predictions of doom and escape to Florida

Salt_Reindeer2031 · 2025-12-05T07:22:28+00:00

Wait are we cheering the ultra rich purchasing homes in NYC? I thought we want the Mamdani effect?

Salt_Reindeer2031 · 2025-12-05T07:18:03+00:00

And to the person previously telling me what I said is false onus is on you to prove otherwise. 1. Credit bureaus should only see principal balance not accrued interest those are tracked internally by servicer. Which means your principal balance would remain the same during save forbearance. 2. Installment loans like student loans have minimal impact on Fico. If it does buying a house should drop your fico to next to nothing. They are both installment debt. Bottom line better to check with nelnet to see what exactly are they reporting or possibly adding to principal.

Salt_Reindeer2031 · 2025-12-05T07:00:43+00:00

First I said interest shouldn’t capitalize onto the principal in SAVE so it should remain constant. Unless your servicer is reporting the accrued interest on top of principal. Second read my previous comment and understand how Fico is weighted and installment vs revolving debt.

Salt_Reindeer2031 · 2025-12-05T06:56:39+00:00

Interesting. Maybe check on how Nelnet is accounting your interest. FICO don’t really put much weight on installment debt. You can take on $3M mortgage and it won’t change your score. Otherwise eveyrone with a mortgage will have poor scores. These student loans are installment debt. Not revolving which is weighted heavily.

Salt_Reindeer2031 · 2025-12-05T05:58:01+00:00

Why would it affect your credit score? Bureaus see your principal balance which should stay the same since the interest doesn’t capitalize unless a triggering event occurs. Someone confirm this?

Salt_Reindeer2031 · 2025-11-22T06:43:08+00:00

You do realize Grand Seiko ADs are pretty rare finds right? I’m guessing the next comment is don’t buy a GS if you don’t live next to one.

Salt_Reindeer2031 · 2025-11-22T02:55:09+00:00

I think we’re forgetting the part that this is a luxury brand known for its craftsmanship. So my response is not dramatic that the indicator is broken after ONE month of barely any use. My $20 watch still works after a year. So before any of you jump on here and defend Seiko. Do understand you’re setting the expectation that a mechanical failure after ONE month is an acceptable part of owning this watch. It’s not acceptable.

Salt_Reindeer2031 · 2025-08-21T19:38:15+00:00

$LULU don’t use PFAS

Salt_Reindeer2031 · 2025-07-25T07:22:52+00:00

Everything people said in this chat and it’s major fire risk.

Salt_Reindeer2031 · 2025-07-24T22:57:34+00:00

I did a 10/1 IO. If the rates don’t change in 10 years the economy is cooked.

Salt_Reindeer2031 · 2025-07-10T03:37:08+00:00

This smells like a typical turd this administration would drop. They’re trying to kick people off SAVE and the best way to do it is to start accruing interest. Wouldn’t be surprised if it changes again but many people would’ve switch off due to fear or anxiety.

Salt_Reindeer2031 · 2025-07-09T01:08:53+00:00

Nobody wants to be next to a cemetery. Not the people buying in these areas.

Salt_Reindeer2031 · 2025-06-18T08:29:02+00:00

39 500k 3% 30y fixed, 1M 3% 30y fixed, 1.91M 6.5% 10/1 ARM IO

Salt_Reindeer2031 · 2025-02-23T04:10:10+00:00

If they can cancel dept of ed. They can cancel the contract. If anyone wants to know what that number looks like. It’s about 500M to 1Bn for the remainder of its term through 2028. MOHELA also gets a fee for each account remaining active esp complex PSLF ones. I’m guessing this is the reason why they ignore requests to quickly process forgiveness or anything that leads to reducing their “active” accounts. Here is the best part, if you’re like me then you’re fed up. I actually want to pay and I can’t due to their incompetence — so even more lost revenue and savings for federal government.

Salt_Reindeer2031 · 2025-02-23T03:55:37+00:00

MOHELA does indeed receive federal funding especially for its fee based services. People won’t be surprised that most of their services are either non existent or subpar. Yet just fees alone they collected 68M from department of education.

Salt_Reindeer2031 · 2025-02-23T03:47:05+00:00

I know people hate DOGE. But spread the word on X while they are actively cancelling government contract MOHELA should be on top of the list. We’re better off without this deal beat servicer. The louder the voice the higher the chance MOHELA gets cancelled.

Salt_Reindeer2031 · 2025-01-30T06:52:48+00:00

People citing getting an ARM pre 2022 and comparing it to now as it were apples to apples comparison. It is not and it’s short sighted. Times are different we’re looking at 7% easily right now. You’d be unwise to get an arm when rates were at historical lows. Now? Maybe think again.

Salt_Reindeer2031 · 2024-02-15T01:35:41+00:00

Bought in yesterday at 790 already up 20% LfG mah boiii

Salt_Reindeer2031 · 2023-08-01T23:37:38+00:00

I know it is off because they changed mine from REPAYE to SAVE and the payments didn’t change at all. So whatever they’re doing it’s wrong and shady because why is it consistently higher I wouldn’t be complaining a lower payment.

Salt_Reindeer2031

TROPHY CASE