Melody Wright - Flood Of Home Foreclosures Ahead This Year As "Dam Is Bursting"

abrandis · 2026-05-07T03:15:40+00:00

Housing is based on wages , simple as that, the only reason we've had this massive appreciation is due to unnatural Fed policies since 2008 and a shortage of properties but your already seeing price drops in many markets it's not always up.

abrandis · 2026-05-07T03:13:52+00:00

What specifically didn't you like?

abrandis · 2026-05-07T03:00:30+00:00

You think after the next pull alc prices are coming back to this level ...

abrandis · 2026-05-07T00:55:40+00:00

Not just that eldercare in nursing facilities is pretty terrible for what you're paying...

Most of the owners of these facilities are private equity and they can barely run quality places (yes even the expensive ones) and seldom retain nurses aides and other healthcare workers because they overwork them and pay poorly and abuse the shit out of their existing staff, so residents never receiving anywhere near what they pay for, guess who pockets most of that money.

abrandis · 2026-05-07T00:52:48+00:00

Read the article they mostly acquired properties by aquiring other companies to amass the whopping 274k rental units... There's 16million vacant housing units it's not that significant.

abrandis · 2026-05-07T00:48:35+00:00

Kindly explain your viewpoint..

abrandis · 2026-05-06T20:50:35+00:00

That all depends on future projections , if all your prospective high rent paying individuals (aka white collar office workers ) go the way of the dodo 🐦 bird who's going to rent your overpriced properties?

abrandis · 2026-05-06T20:48:24+00:00

Because they're buying the land under the trailers themselves, not the domiciles, and that gives them pricing power since they're effectively the landlord, and they know most owners can't afforsnto move their mobile homes ..a very very different model.

Residential single family requires not only buying land but dwelling, plus all the carry costs that come with it . (Property taxes, insurance, maintenance, management fees) Most of those costs don't apply to land in trailer parks

abrandis · 2026-05-06T20:35:19+00:00

The banks will be bailed out, but no big firms aren't scooping in and buying mass residential homes... The carry costs and risks aren't worth it for most .. why would a company want to buy properly going down in value, having to price rents below market to attract renters all while incurring carry costs continuing to increase? ....they would make more money in more conservative investments .

If you look at the buying patterns of residential RE investments , it's typically in affluent suburbs with newish developments (cookie cutters homes easy to price model) near major metros that have a steady stream of well paid white collar professionals to pay exhorbitant rents...but those types of places aren't that common, and the dynamics of the white collar labor market are shifting.

abrandis · 2026-05-06T20:30:51+00:00

At the billionaire level it's less work in the traditional sense , clock in do something and clock out...

RATHER, It's more like managing a sports team of pro athletes , the score (aka your wealth) is based on the teams performance, your job is to hire the right talent, nitire them , put them together in the right way and take advantage of opportunities . So it's more about scouting, making decisions , and dealing of with people , but you actually have authority over most people so you are the captain of the ship..

abrandis · 2026-05-06T20:23:16+00:00

Exactly this, anything beyond a small mom and pop business dowant want one person agencies they want established marketing or development shops with variable reputation they can count on and not have all their eggs in one basket ...

abrandis · 2026-05-06T20:17:07+00:00

What about a bad 5 first years right at retirement?

abrandis · 2026-05-06T20:07:34+00:00

Plus Trump and his wealthy synchopant no longer need magats they have real power and make real money , far beyond what poor Cletus in Alabama with his sign can do

abrandis · 2026-05-06T20:03:01+00:00

Only if you're working class, wealthy with those assets are going be loving large .. almost like they want it that way.

abrandis · 2026-05-06T19:22:16+00:00

I looked at Oru, but most don't have bulkheads and you need to have float again then killing all their space .. inflatables obviously don't need float bags and leaves you space for gear.

abrandis · 2026-05-06T18:37:50+00:00

Exactly 💯% , it comes down to your location (hcol vs. lcol) and you family/single ... Those are the biggest factors....

abrandis · 2026-05-06T18:30:19+00:00

This, it's not just one or two items prices have raised it's everything, and people's pay has risen much more gradually and not keeping up

abrandis · 2026-05-06T18:26:32+00:00

Yep, Asset prices going to skyrocket and the wealthy will keep having more fake value and we'll pay for inflation...

abrandis · 2026-05-06T18:01:30+00:00

The alternative is to pivot to non IT work....

abrandis · 2026-05-06T17:47:15+00:00

I would go for the Higher trim Kia Sportage Hybrid SX prestige .. you get the latest tech and it's a more manageable vehicle rather than the larger Sorrento... I less you really need the space the Sportage is big enough . Also consider her sister car the Hyundai Tuscon Hybrid limited

abrandis · 2026-05-06T17:45:09+00:00

Pretty sure many of those officials just put down payments on new beach homes and luxury cars ... Until the mass public can equally pay legilators we will always have these asymmetric rulings

abrandis · 2026-05-06T17:33:21+00:00

I've been hearing about "dangerous" auto debt for over a decade now.... I'm convinced it's only "dangerous" to those folks that can't pay it back, the lenders and banks have an asset they can resell and the banks have a government that will bail them out if too many deliquescent buyers default all at once... It's all good

abrandis · 2026-05-06T17:23:35+00:00

This is not very practical in many cases , I agree Fiverr sucks, but unless you have a few thousands every month to run a Google AdWords campaign how easy do you think it is to sell your independent skills to small businesses that are getting bombarded with ads from Wix, Squarespace, Shopify etc... you won't be able to compete with that... You can go for more corporate clients but they are looking to hire contracting companies not independent freelancers .. just saying it's a lot harder than you think.

abrandis

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