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re: WSJ Piece: Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks
Posted on 4/27/24 at 8:37 am to ragincajun03
Posted on 4/27/24 at 8:37 am to ragincajun03
I currently have a 2000 sf home in a decent but not “posh” neighborhood. No way i’m upgrading with today’s prices and rates. Hell, i probably couldn’t afford to buy it today. I regularly get calls and texts from “people” wanting to buy it without even looking at it. My neighborhood has more renters these days than ever. I bet they are paying twice my mortgage in rent.
2
Posted on 4/27/24 at 8:40 am to Rick9Plus
quote:
I currently have a 2000 sf home in a decent but not “posh” neighborhood. No way i’m upgrading with today’s prices and rates.
This is pretty much my story. 1800sf house that we got for a steal from an old family member. Insane new houses going up in this old neighborhood are at least $600k.
Posted on 4/28/24 at 9:15 am to Rick9Plus
quote:
My neighborhood has more renters these days than ever. I bet they are paying twice my mortgage in rent.
Same here. Lived in my cul de sac for 24 years. We now have three rental homes in my circle. Luckily two of the owners still live in the subdivision and charge a high rent. All three have good folk living in them but vey different than the previous years.
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