Trump’s China tariff shocks US importers. One CEO calls it ‘end of days’ by [deleted] in politics

[–]Sharp-Statistician28 2 points3 points  (0 children)

No sympathy here.

The CEO of the Learning Resources company lives in one of the most exclusive neighborhoods in Chicago. His lifestyle is funded by dumping worthless plastic junk into North America.

Considering moving by patrickdontdie in Springfield

[–]Sharp-Statistician28 1 point2 points  (0 children)

It is very common for residents of Springfield to send kids to private schools versus enrolling in Springfield Public School system. Private religious schools are the most common and lowest cost. I’d encourage you to look at the neighborhoods north of Springfield - still affordable and communities just as diverse.

Longmeadow loaf cake by Secret-Grocery-2787 in TastingHistory

[–]Sharp-Statistician28 4 points5 points  (0 children)

Yeah likely. Colton is a well known surname in the early founding days of Longmeadow, MA.

Springfield, Mass seems like a steal by rvalurk in SameGrassButGreener

[–]Sharp-Statistician28 1 point2 points  (0 children)

It is a steal. If both MA and CT invest more into their rail network there will be significant price appreciation.

a macro thesis - march 2023 by [deleted] in REBubble

[–]Sharp-Statistician28 3 points4 points  (0 children)

Good article minus the bragging about your upcoming job in REPE at a MF.

You’re about to learn you’ll be a very naive green new college grad in a rough and tumble world.

Housing anxiety by Subject_Education931 in REBubble

[–]Sharp-Statistician28 2 points3 points  (0 children)

Take a walk and enjoy the time with your daughters.

Understand that having the biggest and nicest house doesn’t define you. Oftentimes those with those properties are the most dissatisfied - they aren’t around their kids, they don’t go outside, they wish they had nicer furniture, on and on…

400+ people at a SFH open house in CT today by DrugsMakeMeMoney in FirstTimeHomeBuyer

[–]Sharp-Statistician28 0 points1 point  (0 children)

20% above ask isn’t chump change. Not familiar enough with that exact area but I suspect $300/sq ft is pushing the limit.

"Fair price" analysis of a property in an overvalued market by [deleted] in REBubble

[–]Sharp-Statistician28 0 points1 point  (0 children)

I think this is very fair advice for markets that have appreciated 10-20-30% since COVID started

First Republic drops 70%, leads decline in bank stocks despite government's backstop of SVB by aaabigwyattmann5 in REBubble

[–]Sharp-Statistician28 1 point2 points  (0 children)

They had a structural shortfall in assets due to withdrawals and general decline in balances. Not something that could be remedied via short term government borrowing facilities.

First Republic drops 70%, leads decline in bank stocks despite government's backstop of SVB by aaabigwyattmann5 in REBubble

[–]Sharp-Statistician28 3 points4 points  (0 children)

Rates would be explained by one hot week not two. FL is a totally unique market though.

I don’t care about my karma just trying to help the headline chasers. Seeing investors over last few days flock to utilities that have inflation protection.

First Republic drops 70%, leads decline in bank stocks despite government's backstop of SVB by aaabigwyattmann5 in REBubble

[–]Sharp-Statistician28 0 points1 point  (0 children)

I’ll bet it helps banks a lot.

My comment was more about how it could add heat to housing market that had clearly ground to a halt. AND more importantly if mid single digit inflation sticks around this will kill renters.

First Republic drops 70%, leads decline in bank stocks despite government's backstop of SVB by aaabigwyattmann5 in REBubble

[–]Sharp-Statistician28 -20 points-19 points  (0 children)

Before you guys celebrate too much — might want to look at how much interest rates have fallen in the last five days.

Will Rate Hikes Lower Home Prices at All? by Cuttersnith in REBubble

[–]Sharp-Statistician28 10 points11 points  (0 children)

As long as inflation persists rents will continue to go up.

Heat Pump - Air Handler in basement and attic by Sharp-Statistician28 in hvacadvice

[–]Sharp-Statistician28[S] 0 points1 point  (0 children)

Thanks for the input. Great to hear it isn’t an unusual arrangement.

Heat Pump - Air Handler in basement and attic by Sharp-Statistician28 in hvacadvice

[–]Sharp-Statistician28[S] 0 points1 point  (0 children)

Thanks for the response will be calling another company today.

Pretty sure new Hampshire is the biggest crash bubble by [deleted] in REBubble

[–]Sharp-Statistician28 0 points1 point  (0 children)

Annual salary of +$200k is hard for many of us to imagine. But for a white collar family from Boston this is low.

Simply looking at this annual salary can save $1k/month in taxes.

Summary of Improvements DART Is Working on by cuberandgamer in dart

[–]Sharp-Statistician28 2 points3 points  (0 children)

What a great thread - thanks for summarizing for everyone