People the just closed on our old place last Friday have marked their place down 15% and still Archived Message Posted by Chilango on June 13, 2022, 15:37:24, in reply to "I'm glad I'm not trying to buy a place right now. *" cannot sell. We definitely lucked out not hilding the bag on two places and they are not so lucky. As well, very similar condo on same block as hours is having trouble at same price that we listed at and sold in 12 hours. Things have certainly turned. Previous Message Previous Message https://twitter.com/CNBCTheExchange/status/1536397986875551745?s=20&t= Message Thread: | This response ↓ Thanks Chilango! 30 year mortgage rate hits 6% - bigbop85 June 13, 2022, 14:59:50 that pairs wonderfully with this: "Landlords Ready War Chests to Buy in Cooling US Housing Market" - reggiedunlop June 13, 2022, 16:33:51 “War chest”. So dramatic!* - Stu June 13, 2022, 17:28:40 time for you to get in the landlord game!* - Dilbert June 13, 2022, 17:28:01 And those landlords get to write off all of their interest expense, while homeowners are capped* - meanjeans June 13, 2022, 17:17:03 Interest isn't capped - SALT is capped, no? - Dilbert June 13, 2022, 17:27:20 Both are capped * - meanjeans June 13, 2022, 17:49:11 what's the current cap?* - torinese June 13, 2022, 17:24:18 First $1 million of loan if you bought prior to 2018, first $750k of loan if you bought after * - meanjeans June 13, 2022, 17:48:41 So ####ing stupid* - longsnapper June 13, 2022, 17:23:36 Hooray,Uncle Joe! My money market fund is finally yielding something.* - Stu June 13, 2022, 16:25:54 Biden is putting JF out of business! - CubsWonWorldSeries June 13, 2022, 16:07:58 Next refi boom will be shooting fish in a barrel again* - JeffFrank June 13, 2022, 19:19:55 anyone else celebrating? - suburbanmyth June 13, 2022, 16:06:08 The ghost of paul Volcker? - Sounder June 13, 2022, 16:12:06 Aren't you the one bemoaning inflation?* - Chilango June 13, 2022, 15:35:27 Do you like inflation or not?* - ghost_of_clt June 13, 2022, 15:11:36 GOP likes having the issue as a weapon to offset bad polling on abortion rights* - JeffFrank June 13, 2022, 15:18:20 The rest of the world is going to be awful jealous when MTG and Jim Jordan fix inflation here and - Toonces June 13, 2022, 15:25:44 there is no "fixing it" * - Throwsize June 13, 2022, 15:35:22 Particularly when the cause atypical and you only have one tool* - Chilango June 13, 2022, 15:40:16 MTG and Gym Jordan are definitely two tools. * - doubledown June 13, 2022, 15:42:45 What’s their plan to fix it - TarheelIllini June 13, 2022, 15:32:19 End all public programs. - WhitmansFolly June 13, 2022, 19:17:23 They dont have the tools* - Stu June 13, 2022, 16:27:00 Blame the Jews* - IlliniRunner June 13, 2022, 15:34:57 Arrest Drag Queens* - assassin June 13, 2022, 15:49:17 What’s their plan to fix it - TarheelIllini June 13, 2022, 15:32:17 Hold hearings* - Chilango June 13, 2022, 15:40:35 Just locked FHA purchase 5.5%* - JeffFrank June 13, 2022, 15:09:40 I'm glad I'm not trying to buy a place right now. * - doubledown June 13, 2022, 15:07:58 People the just closed on our old place last Friday have marked their place down 15% and still - Chilango June 13, 2022, 15:37:24 Was thinking about a vacation home, but lost all my money in crypto* - Sounder June 13, 2022, 15:08:55 I just looked up what it would cost to get the house I have today, at today's interest and price - doubledown June 13, 2022, 15:15:52   Searching