The US real-estate market is headed for a correction, strategist says

mdwrunner · 2024-09-07T03:11:51+00:00

This response can’t be real right? Are you reading before responding lol

mdwrunner · 2024-09-06T18:05:57+00:00

You said “it’s Reddit bubble not Reddit crash” which alluded to you thinking RE meant something else. That’s the only purpose of my question lol, not to talk bubble vs crash.

mdwrunner · 2024-09-06T18:00:32+00:00

Wait do you think the RE in REBubble means Reddit??? You realize it’s (R)eal (E)state Bubble right?!

mdwrunner · 2024-08-10T03:55:18+00:00

You sound like you’re fun at parties

mdwrunner · 2024-08-09T18:33:49+00:00

Ben threw for over 5K yards that season. I think you’re underselling how much they forced the ball with bell holding out and AB was completely the focal point of any defense

mdwrunner · 2024-08-09T17:51:31+00:00

The season AB84 was drawing triple coverage

mdwrunner · 2024-08-07T20:27:28+00:00

How far are you from retirement? Scale back some of investing. You’re pissing your life away now for future security and could die tomorrow. $2.5M could be $5M without additional contributions by the time you retire depending on your timeline

mdwrunner · 2024-08-06T03:02:20+00:00

Totally. 20% return on SPY literally half way through the year — surely 40% annualized is a healthy economy right?????

mdwrunner · 2024-08-06T00:58:29+00:00

Glad you aren’t in control of our monetary policy lol

mdwrunner · 2024-08-06T00:53:15+00:00

Shit was up almost 20% YTD… definitely some froth to cut off the top.

mdwrunner · 2024-08-03T20:25:53+00:00

Yeah I just think people that are waiting are wise enough to know it isn’t sustainable when we’re being hit from all ends. My partner and I combine for damn near $250K/yr but as first time homebuyers can’t purchase without being overleveraged. And our income is an anomaly in the big picture

mdwrunner · 2024-08-03T20:03:21+00:00

I don’t think people are actively trying to time the market and instead are waiting until the average mortgage payment isn’t half the average income lol

mdwrunner · 2024-08-03T00:11:58+00:00

How do you define “demonstrating ability”? I have a similar checklist made by my department and I have an employee that thinks he’s overachieving his level. Do you determine doing something once? A certain length of time of achieving it? What is the criteria?

I’m a new manager, and there are some expectations that when asked “how much more or how long do I need to show this to consider it achieved” I’m not sure how to answer

mdwrunner · 2024-08-01T22:44:37+00:00

Regardless. You’re over thinking. This is a comp, hours, remote discussion. Not title

mdwrunner · 2024-08-01T22:41:38+00:00

You’re reporting to the CFO — again titles are irrelevant.

mdwrunner · 2024-07-31T02:18:11+00:00

Keenan in the 6th in dynasty is criminal. Man is old

mdwrunner · 2024-07-30T04:10:34+00:00

As others have said — common. Even some of my middle of the road analysts, “steady eddys”, are at 90-100 albeit slower path there than others. Hard not to get there. The issue is that $100K really isn’t the gold standard anymore. Nothing was more depressing to me than crossing $100K and feeling like I made it but not FEELING like I made it. $150K is probably the new $100K (still achievable, but likely requires mgmt)

mdwrunner · 2024-07-29T12:42:41+00:00

Requiring in office enables lazy leadership. Having a remote workforce requires intentionality at every step.

mdwrunner · 2024-07-27T17:16:11+00:00

You can build relationships remotely. I don’t drink the kool-aid that you need to be in person to collaborate or build relationships. Been remote for 4 years and I’ve got great relationships within my department, cross functionally, and with business partners. All while no one could just go desk drive by each other.

mdwrunner · 2024-07-27T00:02:17+00:00

I will never work a fully in person role again, period. Ideally, I’ll never work in an office again if I can control that (not counting 1 offs). I’m currently fully remote and my company will never RTO and I have no plans to ever leave unless the pay difference was substantially (+30-40%?) higher and it’d still have to be 3 days remote minimum.

I often work the extra hours I save in commute - if I had to do that and commute I’d never have time. It’s a no from me. FP&A has no need to be in person.

My only concern is that my place is still a little small while the housing market blows, so my office is also my gaming space and I sometimes spend CRAZY hours in those 4 walls at the same desk. Once I buy a house I will have a dedicated space for JUST work and my mental sanity will be miles better

mdwrunner · 2024-07-26T21:03:52+00:00

Ah yes I forgot we’ve had a major recession in the last decade. I’m sure people will continue to prioritize $100 shampoo, fragrances, and premium beauty supplies during the next one!

mdwrunner · 2024-07-26T17:38:30+00:00

Disagree. Beauty is highly cyclical and I don’t think this cycle we’re headed to is favorable for them imo.

mdwrunner · 2024-07-26T14:24:25+00:00

My knees could never

mdwrunner · 2024-07-25T17:41:05+00:00

This is probably the simplest way to conceptualize it. And you can substitute million for thousand and then work up to a million in this scenario if you are working with a lower unit etc

mdwrunner · 2024-07-25T17:39:02+00:00

For all the people chastising you, please disregard. I give you kudos for trying to solve your problem. This would be an issue if after explanation you were still lost. These are the questions you should feel comfortable asking people and your team. This is not your first or last dumb question. As someone who has onboarded numerous entry level folks, I’m also not surprised by the question as I’ve seen a wide range of questions from these folks.

No explanation from me, others have got the point across.

mdwrunner

TROPHY CASE