There aren’t enough homes or jobs. What do?
[flagged]
Nobody’s buying homes, nobody’s switching jobs, America’s mobility is stalling
111–120 of 176 posts
Re: Nobody’s buying homes, nobody’s switching jobs, America’s mobility is stalling
#112[deleted]
Re: Nobody’s buying homes, nobody’s switching jobs, America’s mobility is stalling
#113Earlier quoted context omitted.
Money doesn't sit in the stock market. Value, sure, but the money goes right back into the economy.
Money only goes to the company to get reinvested when the company sells shares, so at IPO time, when an insider sells, when more shares are issued, etc... Otherwise, it's one asset holder selling to another asset holder, usually at ever increasing prices. So yes, a lot of money is simply sitting in the stock market. Now, some does come back in the form of share buybacks and dividends. That being said, the average div…
When I buy a stock the seller gets the money. The money doesn't "go in to the stock market".
Re: Nobody’s buying homes, nobody’s switching jobs, America’s mobility is stalling
#114WSJ seems to block the normal archives, but absent a gift link, this twitter referral seems to work: https://x.com/lindsaywise/status/1956170542601421040
With an appropriate amount of x: https://xcancel.com/lindsaywise/status/1956170542601421040
Re: Nobody’s buying homes, nobody’s switching jobs, America’s mobility is stalling
#115There aren’t enough homes or jobs. What do?
Build jails and send in the troops ...duh
Re: Nobody’s buying homes, nobody’s switching jobs, America’s mobility is stalling
#116Earlier quoted context omitted.
Money only goes to the company to get reinvested when the company sells shares, so at IPO time, when an insider sells, when more shares are issued, etc... Otherwise, it's one asset holder selling to another asset holder, usually at ever increasing prices. So yes, a lot of money is simply sitting in the stock market. Now, some does come back in the form of share buybacks and dividends. That being said, the average div…
When I buy a stock the seller gets the money. The money doesn't "go in to the stock market".
Question really comes to what does the seller do with that money? Buy some other stock? Buy some other asset. What fraction they actually spend to buy goods and services?
Re: Nobody’s buying homes, nobody’s switching jobs, America’s mobility is stalling
#117Earlier quoted context omitted.
> Even if you sell your house for a million dollar where will You move to? Literally anywhere in the "bottom" 99% of the country by real estate costs?
median home price was 410k in 2025Q2 [1] so it may take most/all the net gains to purchase a median house. 1. https://fred.stlouisfed.org/series/MSPUS
General median home price is a metric but of a limited value. There are a lot of homes in remote areas and they don't cost much. The only downside is that they cost so little because they are in remote areas without jobs. One can buy such house only to retire.
Re: Nobody’s buying homes, nobody’s switching jobs, America’s mobility is stalling
#118Homes are unaffordable to most. Even if you sell your house for a million dollar where will You move to? As far jobs are concerned the job market is completely fucked up. Their is oversupply and there are no wage increase. It does not take a genius to understand why there is no mobility.
> Even if you sell your house for a million dollar where will You move to? Literally anywhere in the "bottom" 99% of the country by real estate costs?
And what would you do there? Are there enough jobs in those areas?
Re: Nobody’s buying homes, nobody’s switching jobs, America’s mobility is stalling
#119Earlier quoted context omitted.
I don’t think we’re ever going to build houses again at the rate we did before the 2008 GFC. A substantial portion of people who work in construction are undocumented (and will be targeted for deportation by this admin for the remains of their term), zoning remains a challenge, cost of materials continues to inflate. How many years would it take to get back up to speed? 5? 10? What does the economy look like then? Wi…
Supply and demand for labor will work itself out- prices will go up, companies will invest in efficiency, etc. People just need time to figure out the details, and the legal right to do the job.
How does supply/demand work itself out when an exogenous force is rapidly contracting the supply?
Humans take time to be produced.
Re: Nobody’s buying homes, nobody’s switching jobs, America’s mobility is stalling
#120Earlier quoted context omitted.
I think if you believed 7-8% loans were normal, you might be more likely to bite the bullet and make your move. But if you believe 3-4% is normal, then you’re probably waiting for rates to return to “normal.” I think it’s a side effect of years of low interest rates… people are conditioned now to believe low is normal, and they want to hang on until we get back to that. I was hoping rates would stay “high” for a whil…
Real estate market will soften as the economy comes off the rails [1]. 6-12 months from now should have more motivated sellers depending on market (foreclosures in Clark County Las Vegas market are up 32% year over year June 2025, for example [2]). Short sales and foreclosure auctions are also options. If you still want to buy down the road, be in the strongest financial position possible to get financing and make an…
How do you reconcile this opinion when only a day ago you were arguing that reduced demand for clild care would not cause a reduction in cost?