Discussion about this post

User's avatar
CynthiaW's avatar

On our perennial topic of housing, here's some blither (but I repeat myself) from the Charlotte Observer:

The Charlotte region’s residential real estate market may lean in favor of buyers now, but ultimately affordability is a hindrance. Mortgage rates are slightly lower, inventory has marginally risen and price reductions have rocketed. But home sales are still down across the Charlotte area, according to the Canopy Realtor Association’s September housing market report.

Read more at: https://www.charlotteobserver.com/news/business/article294367099.html#storylink=cpy

***

I don't know whether I'm laughing harder at "price reductions have rocketed" or at the larger thesis that the market is good for buyers, but people aren't buying.

Are we heading toward one of those Totally Unexpected (Drink!) situations where supply exceeds demand, and therefore, prices fall? We'll just have to see. Meanwhile, I'll sit here in the 'burbs with my $786/mo payment - thank you, Federal Reserve, for believing in MMT - and aestivate.

Expand full comment
CynthiaW's avatar

Those who follow the story of my church may be interested in a new episode. A week ago - that is, last Tuesday, the 15th, I sent a U.S. Mail letter to the new Bishop, thanking him for writing a nice "Letter to the Faithful", explaining some of our miseries, and asking him to come to the parish, that it would not be too much trouble, no matter what the front office says. ("As if they would do anything," scoffed the Liturgy Committee chairwoman, Elaine from my Weight Watchers meeting. "The Welcome Committee and the Hispanic Volunteers and Jim ('my fixer') would handle it.")

Today, only a week later, I received an email from the Bishop (I had including my email address with my U.S. Mail address), to wit:

Dear Cynthia,

Thank you so much for your letter. I am sorry for the way you are feeling at [Parish X]. I will do my best to look into the situation and hope to be able to visit the parish soon. Know of my prayers for you.

This may not seem like much, but to get a reply in only 3 business days from when he would have received my letter, and a personal note, is really something, especially since - hurricane and all - he has a lot going on. I replied that it means the world to me to know there's someone Out There who will respond.

Expand full comment
80 more comments...

No posts

Ready for more?