Search

Notices

Hormuz impacts

Thread Tools
 
Search this Thread
 
Old 03-12-2026 | 04:21 PM
  #91  
Line Holder
 
Joined: Aug 2024
Posts: 881
Likes: 271
Default

Originally Posted by Gone Flying
I have not seen 5% in awhile without a significant buy down. I wouldn’t be surprised to see 7% soon for most conventional loans. It was there just over a year ago.

also the price of a home relative to median income in 1980 was significantly lower than it is now.
hopefully it’ll bring home prices down to a more rational level.
Old 03-12-2026 | 04:33 PM
  #92  
Line Holder
 
Joined: Sep 2015
Posts: 229
Likes: 58
Default

Originally Posted by Uninteresting
hopefully it’ll bring home prices down to a more rational level.
Doubtful. Inventory is still pretty low. Higher interest rates means less people wanting to sell and the removal of further homes from the market. It’s a weird cycle we’re in.
Old 03-12-2026 | 05:18 PM
  #93  
Line Holder
 
Joined: Oct 2025
Posts: 259
Likes: 157
Default

Originally Posted by Uninteresting
hopefully it’ll bring home prices down to a more rational level.
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.
Old 03-12-2026 | 05:19 PM
  #94  
FangsF15's Avatar
Moderator
 
Joined: Sep 2011
Posts: 8,354
Likes: 1,377
Default

Originally Posted by CBreezy
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/
Sounds like a midair. Second aircraft landed safely. Prayers for that crew.
Old 03-12-2026 | 05:32 PM
  #95  
Line Holder
 
Joined: Oct 2009
Posts: 1,154
Likes: 192
Default

Originally Posted by m3113n1a1
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.
I would argue that "we" are unlikely to "win" for the simple fact that at this point it isn't certain what constitutes winning.

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.
Old 03-12-2026 | 05:41 PM
  #96  
Line Holder
Veteran: Navy
5 Years
 
Joined: Feb 2020
Posts: 1,191
Likes: 340
Default

Originally Posted by Joe Bauers
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.
Actually the Senate just passed a bill that would do just that. Something like 80-10 it was passed.

But the House sounds like it doesn’t want to take it up.
Old 03-12-2026 | 06:22 PM
  #97  
Line Holder
 
Joined: Jul 2023
Posts: 710
Likes: 248
Default

Originally Posted by DeltaboundRedux
Found it interesting to learn that KC-135s had crew parachutes until 2008 but don't anymore, (although they saved some crew in the 1960s.)

Thoughts and prayers.
Thise were intended for controlled bailouts (STRATCOM OPLAN really) and were stored in the aft of the plane by the APU. Useless in a “no-time” emergency. Maybe the TOADs wore them during missions. I don’t know.
Old 03-13-2026 | 02:56 AM
  #98  
Trip7's Avatar
Gets Weekends Off
 
Joined: Dec 2007
Posts: 6,220
Likes: 273
Default

Originally Posted by CRJphlyer
Doubtful. Inventory is still pretty low. Higher interest rates means less people wanting to sell and the removal of further homes from the market. It’s a weird cycle we’re in.
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
Old 03-13-2026 | 03:11 AM
  #99  
Line Holder
 
Joined: Sep 2015
Posts: 229
Likes: 58
Default

Originally Posted by Trip7
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
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.
Old 03-13-2026 | 04:02 AM
  #100  
Line Holder
 
Joined: Oct 2025
Posts: 259
Likes: 157
Default

Originally Posted by SideStickMonkey
Actually the Senate just passed a bill that would do just that. Something like 80-10 it was passed.

But the House sounds like it doesn’t want to take it up.
I haven't seen any details about this yet.

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.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Pilot1001
Pilot Health
60
04-06-2024 07:02 AM
preflight
Endeavor Air
175
10-19-2021 12:03 PM
preflight
Endeavor Air
53
01-26-2019 10:51 PM
FlyingJman
United
26
04-06-2016 03:26 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices