Recent content by Willy

This is a good place as any to inquire: My wife and I have bought a house and are selling our former house. The rate on our new house is 6.75% (ugh). We should net about $140K from selling our home after replenishing our emergency reserves. Loan amount on the new house is ~$400K and we have no...

I'm struggling to think of a good reason why Universities, hospitals, and churches should all remain tax exempt. All of them are primarily in the business of making money. They should all be taxed.

Due to bank mergers and lack of downtime, bank systems are essentially a hodgepodge of various mainframe systems built in the 70s. There absolutely is a need to upgrade those systems, but 24/7 banking makes that very difficult to do.

New fear unlocked.

I don't think those covered by Medicaid can afford LTC insurance.

Musk is treating the federal government like a private equity transaction. Step #1: reduce expenses to bare minimum by cutting everything that can be cut. What's Step #2? I assume privatizing and selling various responsibilities. If PE is any indicator, government debt will be addressed as...

It is odd. I think the answer is that people are generally ok with someone making $10MM/year to coach football, or $50MM per year to tour and release records, because they believe that money isn't generated unethically. But there is absolutely a disconnect and it will likely be addressed by...

Which may be the intent...

And the 21-22 was influenced by the NCAA tournament run.

Anecdotally, housing prices have started to come down significantly in the Winston area. We've been looking at putting our house on the market for the last 18 months. Looking at comps, our value has likely declined 10% over that time frame. Perhaps a little more.

I agree. He is trying to collapse what he perceives as the liberal economy - science, higher education, nonprofits. He will remove regs on other industries - oil, banking, tobacco - your traditional conservative industries.

I think it’s clear this administration intends to wreck industries they believe to be liberal - including higher ed.

I may be giving Trump too much credit, but I wonder if the tariff talk was just posturing to artificially lower the stock market under the last weeks of Biden and to jump under him when he actually doesn’t impose.

It seems like we are going to reach a tipping point soon where many places are completely uninsurable. I work in commercial real estate, and I have projects where insurance costs have doubled since they were underwritten 3 years ago, effectively making them unable to stabilize through operations...

It's somewhat ironic that it's likely easier to make the CFB playoffs in football because the ACC is so poor, and at the same time it's much more difficult to make the NCAAT in the ACC because the ACC is so poor. A mediocre football team could go 11-2 while in the ACC without being very good and...