It's official, homes are like ammo

[Sigarms]

Nice! I am sure we have probably paddled with some of the same people at some point. Yeah I don't kayak nearly as much as I did back in the day, I actually didn't kayak at all last year. My 9 yo really likes rafting so most of our river time is in the raft. Hope to get in a hard boat sometime this year.

The BEST summer time job I NEVER knew about until I didn't need it was being a raft guide or video boater No real money, but off the fun scale and loving every moment of life.

My best friends wife is still an office manager for a rafting company in WV. My boys have to be 18 before they can work on the river, but if they decide to be bums, that's where I'll ship them LOL

 

[Sigarms]

It's official, homes are like ammo​

Don't apply here. I have plenty and plenty of components too. Just sold off some excess powder and 1000 .223's. Made out like a bandit btw. Example, 8 pound unopened jug of Varget, bought for 135 bucks, sold for 400 cash. .223's, 55 grain H spire points boat tails, $95 cents a pop. Just sold 1000 the other day.

Not short of anything. Bricks of primers too, all Federal and CCI. 22's for my squirrel gun, 5 bricks. .17 HMR's, 20 boxes, just an example.

Like you, not short on anything per ammo. Also very happy with the price point of our home and land when we bought it about 16 years ago.

Thing is, go out and look for a home or ammo right now and then let me know what deals your finding

 

[HawkinsHollow]

I swear if ammo ever comes back down I am buying 1000 rounds of every caliber I have. I have always been a 50 to 100 rounds at one time guy, if I needed more ammo I would just go to the store. This shortage has changed me. Let's just hope it comes back down to normalish prices some day.

 

[Larry Caldwell]

Are house prices going up, or is the dollar going down? The Fed has been dumping $trillions into the money supply. Last year the national debt went up about 25%. Nobody would loan the feds that much money, so the Fed bought the bonds. We already had a growing economy, and that tax cut dumped a huge economic stimulus on top of it. Nothing like that has ever been done in history. Deficits that huge have been reserved for world wars and depressions.

I'm old enough to remember the currency crisis of the '70, and the draconian measures Volker had to take to salvage the dollar. If you plan to borrow money, do it now, while money is cheap. If the Fed is forced to raise interest rates to prop up the dollar, the stock market will crash and the only people buying houses will have cash in hand. If you have bought groceries lately, you know that inflation is already picking up. Asset inflation has been going gangbusters for a while. Real estate in my area went up 12.6% last year, and the stock market has lost all connection to reality.

Isn't free money grand?

 

[Jstpssng]

I swear if ammo ever comes back down I am buying 1000 rounds of every caliber I have. I have always been a 50 to 100 rounds at one time guy, if I needed more ammo I would just go to the store. This shortage has changed me. Let's just hope it comes back down to normalish prices some day.

Ditto here. The problem with that though, is "they" are trying to outlaw lead ammo. If that ever happens it will be as if we'd stocked up on buggy whips.

 

[MoKelly]

Ditto here. The problem with that though, is "they" are trying to outlaw lead ammo. If that ever happens it will be as if we'd stocked up on buggy whips.

I always believed gun control folks would eventually move from trying to make guns go away to making ammo go away.

Looks like that may be happening.

MoKelly

 

[3gunr]

I could use some small rifle primers, How much for a case or two?

 

[Sigarms]

Dumb question on buying a home...

Always brought up that any price you pay for a home, you put 20% down.

Honestly, my wife felt the same way when we went looking for a home (we are so different, her being smart and a good Christian and me being not so much of either) but we think a lot alike which I find amazing.

We did put 20% down when we bought the house and land, and the good news is my wife told me that when the kids move out, I can finally buy my dream car because that's money I saved before I met her and we bought this place LMAO.

On a sell price on a home, don't banks require a % down first to ensure you have money? I just assumed so because that's kind of common sense (don't see a bank loaning money to a combined gross income of 50k for a 500k home).

Right now, our mortage with house and land is running about 20% of our combined gross income. Don't banks look at your income and what percentage of that income will have to go to your monthly payment? Perhaps I'm naive, but why would a bank loan 200k on a home if they knew people buying it couldn't afford to make the mortage payments?

OR is the interest that banks don't tell you about that make the American dream come true?

This is where I'm kind of dumb and a "fly by the seats of your pants" kind of guy.

 

[5030]

I swear if ammo ever comes back down I am buying 1000 rounds of every caliber I have. I have always been a 50 to 100 rounds at one time guy, if I needed more ammo I would just go to the store. This shortage has changed me. Let's just hope it comes back down to normalish prices some day.

Cannot remember when the last time I bought store bought ammo. Has to be at least 10 years ago.

 

[5030]

Isn't free money grand?

Until uncontrolled inflation eats everything up.