[Pugchief]

Originally Posted by Retiredsteve

Yet here we are 250 years later

Yes, here we are. After multiple near financial disasters that manipulation of the markets caused. I always enjoy privatizing profits while publicizing the risks.

[Pugchief]

Originally Posted by Bwanajim

My girlfriend bought her house here in February 2022 and paid 3% interest rate. I bought my house eight months later and my interest rate would've been 8%.!!! go ahead and tell me there's not a problem.🤷🏼*♂️🤷🏼*♂️
We did not have that kind of a crazy inflation in eight months.
So tell me why? I believe most of us know.
Fortunately I was able to pay cash for my house.

Not sure we do. Why don't you tell us your theory?

[Aces4]

Originally Posted by Bwanajim

My girlfriend bought her house here in February 2022 and paid 3% interest rate. I bought my house eight months later and my interest rate would've been 8%.!!! go ahead and tell me there's not a problem.🤷🏼*♂️🤷🏼*♂️
We did not have that kind of a crazy inflation in eight months.
So tell me why? I believe most of us know.
Fortunately I was able to pay cash for my house.

Yep, there is a problem. Your girlfriend should be paying more interest and free money should be removed from the loan system. Interest rates on borrowing should NEVER drop below 5%, at the very least, and right there you would stop the crazy inflation. But in order to prop up the economy, the new venue has been to come and see how low the borrowing interest rates can be lowered. Let's face it, the debt is HUGE and we are all going to have to sacrifice and pay for it and unfortunately, our children and their children will see the worst of it.

[Normal]

Originally Posted by mvbird

If the Federal Reserve finally lowers (and continues to lower) interest rates in September, I think house prices may increase.


Discussion ?

Meaning you know currently they are decreasing right? Newsweek, Redfin and several sources all indicate a 11% decrease over the past year here in the Villages. IMHO price increases will come sooner but likely later (Mid 26). I think the increase will correlate with the economy and be a gradual thing over an extended time period. Few economists were factoring in Tariffs and other impediments that have now developed.

[Ptmcbriz]

Originally Posted by Aces4

Don't you mean many businesses in Germany will be going out of business? It really pays to shop American.

America manufactures very little anymore. Too often it’s impossible to compete with cheap labor elsewhere and we don’t have the facilities which take many years to build. No one here manufactures these specialized bikes for disabilities and customizes to the length of your legs and arms. This German company supplies many of these bikes to the VA for those with missing limbs.

We are a global economy now. If the US sneezes everyone else catches a cold.

[Ptmcbriz]

Originally Posted by Aces4

Why? We now have charity services for everyone. Get in line and get your free bookbag filled with supplies. And come fall, there will be a clothing drive for thousands of new or barely used jackets, gloves and hats. It's a joke at this point and we have many who won't do for themselves. That is what should make you unhappy, capable people learning not to work. Do some need those services? Absolutely, but my guess would be 80% of them do not.

If you ever lived under the stress of poverty you wouldn’t jump to these inaccurate assumptions. No one WANTS to live with scarcity. Charities don’t come close to helping everyone in need. Way too many children are hungry at school which distracts them from learning.

[kingofbeer]

Originally Posted by Pugchief

No Econ 101 is leave the market alone and it will work itself out naturally.

Unintended consequences are the hallmark of virtually everything the government tries to "fix".

That is the fed's mandate and that is how they operate.

[kingofbeer]

Originally Posted by Aces4

Why? We now have charity services for everyone. Get in line and get your free bookbag filled with supplies. And come fall, there will be a clothing drive for thousands of new or barely used jackets, gloves and hats. It's a joke at this point and we have many who won't do for themselves. That is what should make you unhappy, capable people learning not to work. Do some need those services? Absolutely, but my guess would be 80% of them do not.

This has nothing to do with interest rates. I have no problem donating things I don't need or don't use to charity.

[kingofbeer]

Originally Posted by Bwanajim

There should be an independent agency, but noticed they lowered interest rates three times last year when the inflation was worse.
This year , they refused to lower them at all.
If they lower them even a quarter percent housing sales will skyrocket and the economy will be better off. That's simple economics 101.

I doubt the housing sales will skyrocket. Tariffs are causing consumers and home buyers to worry.

[Stu from NYC]

Originally Posted by Aces4

Baloney, where are the stats showing small farmers are going broke and committing suicide?

Is it possible they are unhappy with the EV they purchased?

Sarcasm Sheldon

[Stu from NYC]

Originally Posted by Bwanajim

My girlfriend bought her house here in February 2022 and paid 3% interest rate. I bought my house eight months later and my interest rate would've been 8%.!!! go ahead and tell me there's not a problem.🤷🏼*♂️🤷🏼*♂️
We did not have that kind of a crazy inflation in eight months.
So tell me why? I believe most of us know.
Fortunately I was able to pay cash for my house.

3% interest on a mortgage is an historically low rate. In 1990 our last mortgage paid about 8% and thought it was a good price.

Interest rates go up and they go down.

[Aces4]

Originally Posted by Ptmcbriz

If you ever lived under the stress of poverty you wouldn’t jump to these inaccurate assumptions. No one WANTS to live with scarcity. Charities don’t come close to helping everyone in need. Way too many children are hungry at school which distracts them from learning.

We didn't grow up with silver spoons in our mouths. My generation grew up with scarcity, hand me downs, smaller home meals with no junk snacks, two pair of shoes a year. One pair was for school and the other pair for church on weekends and they weren't fancy. I first flew in an airplane when I was 24 and it was many years before I flew again. I didn't see Disney as a kid...This list could go on and on and there is far too much excessive spending in America for junk we don't need. Why are people having children they cannot afford? I said earlier that, of course, there are always extenuating circumstances and people are more than willing to help the truly needy who have had a life changing event.
That's not the case now, lines form for the freebies and we keep enabling dependence rather than independence in this country. We could use a world with fewer material things and better brain training for the practical way to live.

[Aces4]

Originally Posted by Stu from NYC

Is it possible they are unhappy with the EV they purchased?

Sarcasm Sheldon

Funny! They wouldn't waste their money on an EV at this point in time. Give 'em a good ole diesel engine.

[Aces4]

[QUOTE=kingofbeer;2452549]I doubt the housing sales will skyrocket. Tariffs are causing consumers and home buyers to worry.[/

Worry about what?

[Aces4]

Originally Posted by Ptmcbriz

America manufactures very little anymore. Too often it’s impossible to compete with cheap labor elsewhere and we don’t have the facilities which take many years to build. No one here manufactures these specialized bikes for disabilities and customizes to the length of your legs and arms. This German company supplies many of these bikes to the VA for those with missing limbs.

We are a global economy now. If the US sneezes everyone else catches a cold.

Sneezes or belches? You've been fed a line...
Per AI:
Yes, several US-based manufacturers and companies offer handicap-adjusted electric bicycles, often referred to as adaptive bikes or electric trikes.
Here are some examples of US-based manufacturers and retailers focused on providing adaptive cycling solutions:
Worksman Cycles: This US-based manufacturer builds a wide range of cycles, including adaptive trikes and bikes for individuals with disabilities. They emphasize affordability and customization options to suit individual needs.
Adaptive BIKETOWN: This company offers various adaptive cycling options, including electrically assisted trikes and tandem bikes designed for comfort and stability.
eSpecial Needs: This retailer carries the DUET Wheelchair Bicycle Tandem, which has been in North America for over 20 years. It accommodates a wide range of ages and sizes and can be disconnected for independent use of the wheelchair.
Sixthreezero: This company offers step-through electric bikes that are designed to be accessible for individuals with mobility issues. They emphasize comfort, ease of mounting and dismounting, and adjustable features.
Emerys Cycling Triathlon & Fitness: This company offers assessments and modifies bicycles to fit individual needs, including solutions for those with strokes, cerebral palsy, spina bifida, and more.
In addition to these US-based options, other manufacturers are highlighted for their focus on adaptive features in e-bikes, like HOVSCO. Key features that make electric bikes suitable for individuals with disabilities often include:
Step-through frames: Easier to mount and dismount, especially for those with limited mobility.
Tricycle designs: Offer enhanced stability, which is beneficial for balance impairments.
Customizable support: Adjustable seating, handlebars, and other components to fit individual needs.
Electric assist: Reduces the effort required for pedaling, making cycling accessible for individuals with limited strength or endurance.
Accessible controls: Features like low-reach brake levers or hand controls.
If you are looking for an adaptive electric bicycle, it's recommended to consult with an e-bike retailer to discuss your specific needs and find the best option for you.