Comments by "Robert Rochester" (@RARochester) on "FRONTLINE PBS | Official" channel.

The stock market is not for the working class; the " financial advisors " are making a living off of your money. They get paid the same percentage regardless of whether your principal goes up or down ( management fees ); buy real estate, it appreciates and you get to write off practically everything. What's more, you should be able to receive passive income on the property. Put your money in TANGIBLE assets.
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I was thinking the same thing when I saw Thain and Paulson.
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@genxx2724 that's my point.
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@txmxer Home prices were lower in the 80's; there's an inverse relationship between home prices and interest rates ( historically ); in other words, high interest rates low home prices; low interest rates then high home prices; unfortunately, this old model has changed due to the fact home prices are high as well as high interest rates. The reason for this appears to be wealthy LEGAL immigrants are emigrating to the US thus keeping prices high plus housing starts are not keeping pace and further to this; high interest rates, with regard to mortgages; means more to write off on your taxes ( if you're wealthy this works well ). I do not see prices coming down; at best they may stabilize. This is overall; yes, there are exceptions but those are just pockets that do not reflect the market as a whole.
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@txmxer When I wrote that home prices were lower in the 80's I assumed you would understand that its relative to the current market. It is immigrants that are driving prices up " coupled " with American citizens along with real estate investment firms. If you were to reference the corporations you alluded to; they own less than 40% of the real estate rental market. This was an easy google search: Institutional investors As of June 2022, institutional investors owned roughly 574,000 single-family homes, which is 3.8% of the 15.1 million single-unit rental properties in the US. According to MetLife Investment Management, institutional investors could control 40% of US single-family rental homes by 2030. The following is JUST for the state of California: Less than 2% of single-family homes are owned by investors with 10 properties or more, statewide, according to the California Research Bureau. What institutional investor-friendly markets have in common: Rapidly growing populations and relatively low real estate prices compared to rents.Mar 7, 2024. So you can believe what you will; that is your prerogative.
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@Allthhegoodonesaretaken I'm sure you're coping with higher rent; higher mortgage payments; higher gas prices; higher grocery bills; higher HOA fees ( if you live and own in such a development ); higher car insurance; higher homeowners insurance; higher property taxes; higher cost of living in general since Democrats stole the office. Biden is a record setting POTUS; record numbers of illegal immigrants; record increases in homes being unaffordable; record college education debt; record credit card debt; record layoffs in the tech sector and now massive layoffs in the automobile ( EV ) sector. I'm suppose you're doing well.........
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@ThomasFromTN does observation sound better ?
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And stop going to Starbucks EVERY morning......
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I wanna take her to bed......
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Comey is no hero but a two faced opportunist that cannot be trusted; he cost Hillary dearly with bringing up ( again ) the emails at a critical time in the campaign and then tried to shakedown the new president. These were tactics used by J Edgar Hoover to keep his job; the same tactic that J Edgar used against Kennedy he ( Comey ) used against Trump. A true slimeball.......
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This is my kind of chick; good looking and intelligent.
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