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Qeekly Finance Thread - 2026-11-07

A weekly thread to discuss financial matters - from personal all the way up to global.

Ground Rules

  • Remember that we're all just Internet randos. Don't bet your life savings on a hot tip from this thread.
  • Keep culture war in the culture war thread. Yes, global events may impact our personal finances, but that does not mean we have to incessantly harp on culture war aspects here. If you are going to discuss it, please stick to the practical impacts of it on an individual level.
  • Be kind. Remember that everyone here comes from different circumstances. We all have different resources available and different risk tolerances.
  • Don't let the perfect be the enemy of the good. Better is better. Celebrate people when they take a step up and work to move their finances in the right direction. Don't flame out because they haven't followed what you consider the optimal path. Everybody has to start somewhere.
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I expect that now, after Dems have won the elections, "affordability crisis" will be only ever mentioned when it is necessary to push some legislation through the feeble resistance of Republicans in the Congress (and of course when criticizing Trump). I find the idea that somebody up there cares whether I can afford certain house (or any housing at all) hopelessly naive. Somebody is always buying those houses. We're nowhere at the point where the market is frozen because nobody can afford any housing. Heck, even in California the housing market is pretty lively - I have absolutely no idea who those people who can afford it are, but the empiric fact is they exist, and there's enough of them to support the market. So why would anybody worry about anything?