Hormuz impacts
#91
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Joined: Aug 2024
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hopefully it’ll bring home prices down to a more rational level.
#93
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Joined: Oct 2025
Posts: 259
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The only thing that is going to bring home prices down besides a significant recession is more inventory. Lots of people are trapped in their 3% mortgage and we get further behind every month as far as inventory goes.
One thing that could be done (but won't) is to reduce regulation and red tape for builders. The Nation Association of Builders did a study and the nation wide average is right at 33% of the cost of building is red tape and regulations.
One thing that could be done (but won't) is to reduce regulation and red tape for builders. The Nation Association of Builders did a study and the nation wide average is right at 33% of the cost of building is red tape and regulations.
#94
Kinda related but unrelated. We just lost a tanker in friendly airspace in Iraq. Reach out to your tanker friends today.
https://www.centcom.mil/MEDIA/PRESS-...135-over-iraq/
https://www.centcom.mil/MEDIA/PRESS-...135-over-iraq/
#95
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Joined: Oct 2009
Posts: 1,154
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The strait is extremely important to the entire global economy including us.
Even if it is more important to them, they are willing to sacrifice themselves much more than we are right now. Sure, eventually they'll have to give up, but I wouldn't underestimate their resolve. In the mean time Americans are going to grow increasingly upset as they watch their 401ks plummet, food become more expensive, airline ticket prices sky rocket, and their family members die overseas. We'll win eventually, but it's not gonna be quick and painless.
Bond yields are up significantly too, so good luck to any Americans trying to get a cheap mortgage.
Even if it is more important to them, they are willing to sacrifice themselves much more than we are right now. Sure, eventually they'll have to give up, but I wouldn't underestimate their resolve. In the mean time Americans are going to grow increasingly upset as they watch their 401ks plummet, food become more expensive, airline ticket prices sky rocket, and their family members die overseas. We'll win eventually, but it's not gonna be quick and painless.
Bond yields are up significantly too, so good luck to any Americans trying to get a cheap mortgage.
Military operations that are begun without clearly defined political objectives have a poor history of long term political success.
And yes, the purpose of military actions are to achieve desired political outcomes.
An "unconditional surrender" would require a long-term occupation force while the prostrate surrendering nation is reconstructed.
Is the USA up to that? Do we have anyone with the wisdom that was demonstrated by Generals Marshall and MacArthur after German and Japanese surrender?
As we haven't seen their like since, it seems our post WW2 society is unlikely to see such men again. (I will let the reader consider why that may be so)
If it is only to prevent Iran from achieving nuclear capability, various pooh-bahs have been saying Iran is days or weeks away from "the bomb" since at least the early 90's.
The only verifiable interruption to their nuclear weapons aspirations was achieved via diplomacy. (unfortunately that door was closed in 2018)
Arguably there is no longer any internal debate inside Iranian leadership circles whether or not they should build a bomb.
Unless the USA stations military personnel in Iran for the foreseeable future, Iran will almost assuredly build some weapons so as to not suffer such attack again. (there is currently unaccounted for enriched uranium)
Personal opinion.
Whatever inside info that Mossad was getting from Iran, it is likely that this war has severed that source. If my speculation in this regard is correct, troops have to physically be present, in large numbers, so as to be able to detect activity that until now was likely provided by intelligence sources.
Again, will the USA public stand for that?
Would the Iranian people stand for it?
Quite possibly neither.
Much of this post is speculative, the first 3 sentences are not.
Which means that the next weeks, months, years and decades are very much an open question.
Even when we think we have arrived at an answer, it will likely only be for a short while.
#96
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Joined: Feb 2020
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But the House sounds like it doesn’t want to take it up.
#97
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Joined: Jul 2023
Posts: 710
Likes: 248
#98
Very weird cycle. With so many remote jobs many Americans are feed up with the home prices, health care costs and are packing up and moving abroad. Portugal, France, and Spain are popular spots for expats these days. Even Mexico
#99
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Joined: Sep 2015
Posts: 229
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When my kids are out of the house in the coming years, I think we’ll live abroad (likely Central America) until grand kids perhaps come along. Had enough of the spastic gyrations of the American political system and increasing costs/declining quality of our healthcare.
#100
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Joined: Oct 2025
Posts: 259
Likes: 157
The trouble is, there are over 3,000 counties in the US and each one has their own requirements in addition to the building code. Unless congress passes a law that would unify all the requirements (i think there would be constitutional problems with that) I don't see things changing.
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