Good luck buying that house

Posted on February 24, 2025 by grim

From Apollo:

Median Age of Homebuyers: 56

This entry was posted in Demographics, Economics, Housing Bubble, National Real Estate. Bookmark the permalink.

43 Responses to Good luck buying that house

  1. Hold my beer says:
    February 24, 2025 at 6:33 am

    First

  4. hughesrep says:
    February 24, 2025 at 7:15 am

    The FO phase of FAFO.

  5. Juice Box says:
    February 24, 2025 at 7:22 am

    Federal layoffs are only matching Tech Companies so far.

    “Public disclosures show more than 26,000 federal workers have already been fired, excluding buyouts, according to a research note Wednesday from investment bank Piper Sandler.”

    Silicon Valley about 80 tech companies including Meta, Amazon, Microsoft, Workday have laid off about 26,000 since the beginning of the year.

  6. crushednjmillenial says:
    February 24, 2025 at 7:30 am

    I celebrate the administration’s confronting the parasitic, wasteful, corrupt and hithereto unaccountable federal bureaucracy which has been weaponized against the American people.

    The federal government and the deep state does not serve the interests of the average American. Not sure if it even serves the interests of the top 10% of Americans. It might be as small as the top .1%, which equates to something like $30M or $50M household net worth level.

  7. Chad Powers says:
    February 24, 2025 at 7:46 am

    The federal government/work force has gotten way too big. Maybe cutting it back will make it more transparent on what money is being spent on. It seems funds were be used to support ideology and perhaps illegal activities.

  8. Libturd says:
    February 24, 2025 at 8:16 am

    See my post from last night.

    Indiscriminately firing workers is not good for those fired or those who remain. Look at the people who Trump is appointing. It’s is overwhelmingly clear it is his own Deep State. Heck, the SCOTUS already is.

    Gotta keep DJT and $TRUMP as high as possible. It’s the only thing that matters. Keep an eye on those Tesla and SpaceX subsidies.

  9. Libturd says:
    February 24, 2025 at 8:25 am

    Elon waving a chainsaw. It’s not a show for the morons.

  10. Libturd says:
    February 24, 2025 at 8:50 am

    Guantanamo? Another show.

  11. BRT says:
    February 24, 2025 at 9:14 am

    When the Keystone pipeline permits were cancelled on Day 1, the mantra from media, admin, everyone was, “go find another career, maybe learn to code”.

  12. Dark Phoenix says:
    February 24, 2025 at 9:31 am

    The AfD is on it already. It’s already headed south.

    Chad Powers says:
    February 24, 2025 at 7:46 am
    The federal government/work force has gotten way too big. Maybe cutting it back will make it more transparent on what money is being spent on. It seems funds were be used to support ideology and perhaps illegal activities.

  13. Dark Phoenix says:
    February 24, 2025 at 9:37 am

    American women terrorizing others in another country:

    A newborn baby died after an American tourist threw the infant out of a hotel window moments after giving birth, local police report.

    The 18-year-old mother allegedly threw her baby from the second floor of an Ibis Styles hotel ‘with the umbilical cord’, authorities said.

    Emergency services took the baby to the Robert-Debre hospital after witnesses reported the harrowing scenes around 6am this morning.

    The Paris prosecutor’s office told Le Parisien that the child did not survive the fall and succumbed to injuries.

    An investigation has been opened for ‘homicide of a minor under 15,’ the city’s public prosecutor told the outlet.

    The office said that the mother was ‘part of a group of young adults travelling in Europe’.

  14. RentL0rd says:
    February 24, 2025 at 10:45 am

    Can the newly appointed Deputy FBI director get FBI clearance?

    Destroying the FBI in such an open fashion, for our enemies to watch, is suicidal.

    I wonder what percentage of MAGA is having second thoughts?

  15. RentL0rd says:
    February 24, 2025 at 10:54 am

    Microsoft pulling back on AI investment is interesting. What do they know we don’t? Co-pilot not getting enough adoption from the customer base?

    With a lot of products – customers are just getting forced to use AI and pay more even when the results are sub par.

  16. Juice Box says:
    February 24, 2025 at 11:41 am

    Rent – Nuclear powerplants and data centers are expensive.

    MSFT is trying to jam Copilot into all of their Office subscriptions. Microsoft 365 Personal well they added $3 a month when you renew now it’s now $12.99 a month. 84 million subscribers to that personal version. That is $3 Billion a year in additional revenue if you don’t opt out. Yes you have to opt out.

    Copilot business version is listed at $30 per user per month…..That cost as much as the entire Office 365 E3 subscription of $33.75 without MS Teams. Yes it’s integrated and they index all of your work data for you. Will it do my job? Hardly..it still cannot filter junk email properly. I have another AI system and $$ subscription to do that.

  17. njtownhomer says:
    February 24, 2025 at 11:54 am

    Told my 15 yr old use Replit to create a website he wanted with no coding skills. Windsurf, Cursor are doing a much better job than Copilot. Sorry MSFT they became the laggard again. Amazon will release a system I think NOVA, they also never managed to lead. Pathetic tech leadership. Except AWS, there is no innovation at AMZN.

  18. RentL0rd says:
    February 24, 2025 at 12:00 pm

    Subscription is the new tax. When the tech overlords decide to tax you, what choice do you have?

  19. BRT says:
    February 24, 2025 at 12:34 pm

    Never bothered with any subscriptions. I still use Office 2000. I use Igor Pro for spreadsheets from 2001. I still play my mp3s off winamp. I also have never had a streaming service.

  20. Libturd says:
    February 24, 2025 at 12:43 pm

    I also use old versions of Office to avoid subscriptions. WinAmp? That’s a name I haven’t heard of in a while. I so subscribe to SiriusXM for Stern, but only pay $5 a month and steal my son’s spotify account. Probably going to drop Amazon soon for Walmart +. It’s too expensive and their shipping has gotten bad. Walmart gets it to you same day most of the time and no minimum. They won’t be able to do this if more people find out about them. I am lucky that the grocery delivery is pretty amazing around here. Also same day and free with Plus. In Florida, where Gator Jr. goes to school, it’s unusable.

    And in other news, I see Musk thinks he can sell Twitter for what he paid for it. Among it’s diving revenue which can only be offset by continuing to fire workers. I expect his moron supporters will jump on that terrible investment too.

    Watch for DJT adds everywhere. It’s the only reason Trump is in it.

  21. Libturd says:
    February 24, 2025 at 12:44 pm

    ads. Sorry.

  22. Libturd says:
    February 24, 2025 at 12:47 pm

    Ooh. Trump coin down another 6% to $15. And DJT down again today to $26.50. What’s Trump going to do when they both go to zero? The narcissist is probably too stupid to sell any along the way too.

  23. Juice Box says:
    February 24, 2025 at 12:47 pm

    I don’t pay for MSFT either as I have company subscription and all. I have had Copilot for a while now. It’s just ok.. My kids all use Google with their School provided Chromebooks anyway…My kids may never use MSFT software in their lives.

    Vertical AI agents is the next wave…tons of companies developing them now. I am on a project or two as well….The future holds these AI agents and AI robots need to work together and when that happens they might decide to unionize or worse rebel.

  24. Juice Box says:
    February 24, 2025 at 12:52 pm

    Lib – Portnoy has been on a one man mission to expose the meme coin fraudsters out there. He did his own rug pull on $GREED coin he created last week, and then did it again and perhaps again to just show how foolish these coins and these “investors” are.

    https://tribune.com.pk/story/2529818/dave-portnoy-faces-backlash-after-dumping-solana-meme-coin-greed-and-launching-sequel-token-greed2

  25. Fast Eddie says:
    February 24, 2025 at 2:25 pm

    Eddie has made it home from Atlanta so they’ll be no sprinkling of Chex Mix on his grave. The plane ride to and from was flawless. Three races over two days, cool temps, fun events and surrounded by All-American folks. Men remove hats during the invocation and national anthem with hand over hearts, people say excuse me and there’s no road rage leaving the event.

    I haven’t seen any news over the last three days but I understand Germany has the slogan, “Make Germany Great Again” as the AfD party was successful in the election?

    And Joy Reid of MSNBC was fired? Was it the over the top fake news and flame-throwing attitude that did it? I mean, beside sucking hard.

    And what’s this I read that some people fired by DOGE didn’t even know they were fired for days since they don’t show up anywhere and never open an email? I know this is true because working for a municipality years ago, people would punch in then go shopping, hang out in a coffee shop for an hour or so, drive municipal trucks around or work some side hustle. Not all, but way too many. I left because a) I felt like I was stealing money and b) my brain wasn’t getting any activity on the job.

  26. LAX says:
    February 24, 2025 at 2:57 pm

    2:25 Yawn

  27. Libturd says:
    February 24, 2025 at 3:20 pm

    Ever watch those Nazi rally films. Everyone in perfect sync. That ended well. Nationalism is a good thing, but only when what you are devoted to is actually a good thing. Otherwise, you are pretty much in a cult.

  28. Libturd says:
    February 24, 2025 at 3:22 pm

    Thanks Juice. Trump coin in the $14s. I wish there had been an easy way to short it. DJT too. It’s so clearly fraudulent. Whatever. The SHOW must go on.

    Thanks for the Portnoy link. He is way smarter than people give him credit for. I personally love his antics, but most simply don’t get it.

  29. Libturd says:
    February 24, 2025 at 3:25 pm

    Eggs, at my farmer’s market were over $8. It used to be the spot.

    Thanks Fraudster Trump

  30. Chad Powers says:
    February 24, 2025 at 3:26 pm

    In the German elections the CDU/CSU came in first with 28.52% of the vote, and the AfD was second with 20.8%. The AfD won’t be part of the new coalition government because the major political parties have promised not to form a government with them. Not sure what the new coalition government will look like right now. They have some weeks to put it together. The problem will be if the new government doesn’t deliver. If that happens then I think the AfD will come in first in the next elections. The economy isn‘t good here. High energy costs since the Ukrainian war started blew the German business model out of the water.

  31. Juice Box says:
    February 24, 2025 at 3:32 pm

    Harris Poll from Harvard is out. Lots of interesting polling data.

    Slides 30,31 and 32 about DOGE.

    A OVERWHELMING MAJORITY OF VOTERS SAY THE GOVERNMENT
    SHOULD REDUCE GOVERNMENT EXPENSES OVER INCREASING
    TAXES, AND A FULL EXAMINATION OF EXPENDITURES IS NEEDED

    7 IN 10 VOTERS THINK GOVERNMENT EXPENDITURES ARE FILLED
    WITH WASTE AND AGREE WITH CUTTING $1T IN EXPENSES

    OVER HALF OF VOTERS SAY COURT RESTRICTIONS ON DOGE’S ACCESS
    TO EXPENDITURE INFO IS BASED ON THE LAW, NOT PARTISAN POLITICS

    https://harvardharrispoll.com/wp-content/uploads/2025/02/HHP_Feb2025_vFinal.pdf

  32. Fast Eddie says:
    February 24, 2025 at 3:48 pm

    So, an email is going out and government workers are asked to provide five bullet points outlining what they’ve done this week. A lot are not even answering which means they’re not even opening emails. The average salary for FED workers is $144,000 per with full benefits. There’s an ocean of abuse that is mind-numbing. This is a long time coming.

  33. LAX says:
    February 24, 2025 at 3:48 pm

    I am sure you will find waste in the government and all states need to more accountable with how they spend taxpayer dollars. I completely agree with that.

  34. LAX says:
    February 24, 2025 at 3:49 pm

    3:48 that’s one narrative. But how much do you really know about an ocean of abuse? How much do you really know about government in general?

  35. LAX says:
    February 24, 2025 at 3:58 pm

    It’ll be interesting to see how this all plays out. My guess? Trump will tank the economy and hardship will provide an opening for Democrats in two years restoring balance to the legislature.

  36. LAX says:
    February 24, 2025 at 4:14 pm

    and now this:

    Police are investigating the violent beating of a man by a group of juveniles that was caught on video in the Carthay neighborhood of Los Angeles over the weekend.

    The incident was reported around 4:30 p.m. Saturday at the intersection of San Vicente Boulevard and McCarthy Vista when, for unknown reasons, a driver became involved in a dispute with some minors.

    The dispute escalated, and the group confronted the man, which led to a physical altercation, a Los Angeles Police Department spokesperson said on Monday.

    https://ktla.com/news/local-news/juveniles-attack-l-a-motorist-in-violent-beating-caught-on-video/

  37. Dark Pheonix says:
    February 24, 2025 at 4:46 pm

    Just because they are children and he is an adult doesn’t mean he didn’t deserve it. Haven’t seen the video or the specifics yet though just look at what respecting your elders has gotten you at this point.

    Boomer you did this ^^^^^^

  38. Hold my beer says:
    February 24, 2025 at 4:52 pm

    Phoenix

    The kids were blocking traffic and vandalizing cars including the victim’s car. It’s LA.
    If caught those kids will get sentenced to ice cream without hot fudge as their punishment.

  39. Hold my beer says:
    February 24, 2025 at 4:53 pm

    Phoenix

    I made the spinach dal for lunch today off that Indian recipe site. Was pretty good but needed a bit more salt.

  40. Libturd says:
    February 24, 2025 at 4:58 pm

    Juice.

    Again, let’s see if savings actually occur. And if they do, let’s see where they go. Of course we all believe in shrinking the size of government. Again, doing it all willy nilly might not yield the result we all want. I judge Trump’s value by the worth of DJT and his coin. So far, it’s down biggly since they were released, Trump was elected and post-inauguration. Again, the best thing that could come out of this is if someone sane realizes debt is an issue and smartly grows the economy instead of wrecking it for their personal gain.

    If you all weren’t watching, markets are not liking what Trump is doing one bit. The market is forward looking. Surprisingly, even crypto is down.

  41. BRT says:
    February 24, 2025 at 5:09 pm

    Of course we all believe in shrinking the size of government

    Not true

  42. LAX says:
    February 24, 2025 at 5:48 pm

    Lobbyist Grover Norquist is a well-known proponent of the strategy and has famously said, “My goal is to cut government in half in twenty-five years, to get it down to the size where we can drown it in the bathtub.”

  43. LAX says:
    February 24, 2025 at 5:50 pm

    Our goal is to inflict pain. It is not good enough to win; it has to be a painful and devastating defeat. We’re sending a message here. It is like when the king would take his opponent’s head and spike it on a pole for everyone to see.

    GROVER from the National Review, quoted in The Republican Noise Machine by David Brock, Crown Publishers 2004, pg. 50

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