Anyone else think the home prices in Jacksonville are getting outrageous. Not sure how anyone under 40 is able to buy a home anymore.

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Ye Olde Capitalism

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Transplants from more expensive living states have moved in and pay more for the homes because they are still less expensive than their home town. I have friends who were saving for a down payment that is now again out of reach.

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Talk with a few mortgage brokers, get your credit up-it can still be done, 5% down.

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P sure everyone except for the out of towners who move here and buy it up agree with you

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Moving to NYC this summer, making 40x rent for most places but don't have any credit score (non US citizen).

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I've heard from multiple people about how inflated the assets are and high the P/E ratio is, hence not a good time to invest in the market. Long term investors, how do you deal with this argument? P.s. I understand the time in the market>time the market.

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I don’t get it: Why would anyone invest, for example, in a 6% dividend yield etf with a 0.50% ER (ie EMHY) instead of a 9% dividend yield etf with a 2.5 ER (ie YYY)? Wouldn’t you still be getting better results with the expensive one?

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Has anyone noticed how attractive realtors are or is it just me? Recent studies show the more attractive the real estate agents, the higher the listing price of the home.

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How do real estate lenders take cash flow into consideration? For example, typically I would probably only be approved for a $500k loan ($125k comp and $100k for down payment), but if I’m buying a multi-family home and planning to live in a unit and rent the others, will lenders approve a bigger loan?

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Something to brighten your day 🤗
I was listening to a Mufti Menk lecture yesterday on this topic. Surah Nashra is also about burdens we bear. Within this Surah,Allah SWT speaks about how He is the one that granted the cure, purity, and strength after the backs were about to break. Allah SWT takes us to this point to refine us. We never know our capabilities until we are tested and challenged. This is when we realize we can do it and we can get through it 🫶🏻! IA you got this 🫶🏻!

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Additional Posts in The Jacksonville Bowl

What does everyone here make?

I'll go first. Accounting, 3 YOE & CPA, 75k in industry

Who do you think the jags will pick first in the draft this week?

If only this bowl was made months ago:/ about to move out of Jax.

Fave thing to do around town?

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Beautiful main street bridge

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Looking to change jobs in accounting, have an offer from Macquarie which supposedly has a decent sized office here (300+ people?). Anyone have any insights into culture?

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If you want something fun and festive to do check out the gingerbread extravaganza at Old St Andrews. I thought it'd be a 10 min visit tops but we were so blown away by all the details we spent 10 mins looking at just this one house with all the vignettes inside

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Is anyone going to Jax river jams?

Macquarie Group how does everyone feel their year in review went? First time so not sure what to expect

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Stories of a Jax night out?

I'll go first: on a last night out for a navy guy I'd dated for like 6mo he dragged us to king street where i never enjoy, at the bar w the toss the ring game a couple was fucking in the bathroom and the guy in front of me in line was mad about it taking so long so he started banging on the door trying to break it down and started to fight them when they came out. So we escaped to kickbacks where a customer threw a drink at the waitress who subsequently pulled a 🔪

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