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Is the "housing shortage" overblown?

Posted on 5/11/24 at 9:10 am
Posted by StayStrapped
Member since Apr 2024
71 posts
Posted on 5/11/24 at 9:10 am
Maybe I don't know because I've owned for a while but is there really that much of a dire situation where we have a massive shortage of homes?
Posted by notiger1997
Metairie
Member since May 2009
58243 posts
Posted on 5/11/24 at 9:19 am to
There is not really a shortage of housing. There is a shortage of what people consider to be affordable homes in desirable areas.
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
78903 posts
Posted on 5/11/24 at 9:34 am to
Crime/ decaying cities take huge anm off inventory off the market. Revitalizing cities- having sensible public policy- ie not allowing Democrats to run cities into the ground - would result in a massive amounts of real estate being available. But if we just have de facto no go zones for law abiding family types, and we keep moving further and further out of cities- we will have to rely on the creation of new construction inventory .
Posted by Civildawg
Member since May 2012
8590 posts
Posted on 5/11/24 at 9:35 am to
quote:

There is not really a shortage of housing. There is a shortage of what people consider to be affordable homes in desirable areas


This
Posted by BluegrassBelle
RIP Hefty Lefty - 1981-2019
Member since Nov 2010
99241 posts
Posted on 5/11/24 at 9:38 am to
quote:

There is not really a shortage of housing. There is a shortage of what people consider to be affordable homes in desirable areas.


That and there’s a real lack of legitimate, affordable starter homes in even “decent” areas of a lot of cities. You shouldn’t have to live in the hood just to avoid buying something a solid bedroom and 400 square feet bigger than what you actually need.
This post was edited on 5/11/24 at 9:41 am
Posted by Eighteen
Member since Dec 2006
33943 posts
Posted on 5/11/24 at 9:42 am to
quote:

Crime/ decaying cities take huge anm off inventory off the market. Revitalizing cities- having sensible public policy- ie not allowing Democrats to run cities into the ground - would result in a massive amounts of real estate being available. But if we just have de facto no go zones for law abiding family types, and we keep moving further and further out of cities- we will have to rely on the creation of new construction inventory .


Yep. You can hyper localize this and take this right to LSU. Cheap and convenient student housing right off campus and in Tigerland is all now basically off market to students, so these big mega student “luxury” apartment complexes were built farther off campus and cost more. And they have to keep building them to meet student housing demand.

Ghetto shitholes have such big ramifications long term for cities because they are full of perfect older, cheap starter apartments homes that single people or new families would buy, but can’t do so because they aren’t safe. So now they have to pay more to live in more inconvenient locations. It’s sad reality if current America

Posted by Spankum
Miss-sippi
Member since Jan 2007
56101 posts
Posted on 5/11/24 at 10:16 am to
quote:

You shouldn’t have to live in the hood just to avoid buying something a solid bedroom and 400 square feet bigger than what you actually need.



Absolutely true…unfortunately, neighborhoods like you describe quickly go to shite. Most people don’t like to hear it, but the key is to have a strong homeowner’s association.
Posted by Saunson69
Member since May 2023
1908 posts
Posted on 5/11/24 at 10:17 am to
quote:

There is not really a shortage of housing. There is a shortage of what people consider to be affordable homes in desirable areas.


This false. Google US home supply graphs. It is down by 75% from a few years ago.
This post was edited on 5/11/24 at 10:18 am
Posted by VOLhalla
Knoxville
Member since Feb 2011
4455 posts
Posted on 5/11/24 at 10:41 am to
quote:

Crime/ decaying cities take huge anm off inventory off the market. Revitalizing cities- having sensible public policy- ie not allowing Democrats to run cities into the ground - would result in a massive amounts of real estate being available. But if we just have de facto no go zones for law abiding family types, and we keep moving further and further out of cities- we will have to rely on the creation of new construction inventory .


I don’t live in Louisiana, but this idea of urban decay is the exact opposite of what’s happened in Tennessee. 20 years ago downtown Nashville was basically half of what it is now. Downtown Knoxville was almost dead. Areas like East Nashville were dangerous and North Knoxville had very few businesses. Now both downtowns are busy and growing. East Nashville and North Knoxville are filled with millennial homeowners, breweries, and good restaurants. Cities here aren’t decaying, they are thriving
Posted by fr33manator
Baton Rouge
Member since Oct 2010
124523 posts
Posted on 5/11/24 at 10:45 am to
More of an out of control inflation and mortgage rate problem than a housing shortage
Posted by KamaCausey_LSU
Member since Apr 2013
14578 posts
Posted on 5/11/24 at 10:46 am to
There's a massive shortage of affordable homes in low crime/safe areas.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
67000 posts
Posted on 5/11/24 at 10:47 am to
quote:

You shouldn’t have to live in the hood


the hood seems to be common denominator of a lot of problems in western culture.
Posted by Koach K
Member since Nov 2016
4104 posts
Posted on 5/11/24 at 10:50 am to
They are all bunkkkkked up in Florida living the dream here from what I can tell. The market for the backyard whack-off/call-of-duty shed for the ne’er-do-well long-term houseguest must be booming.
This post was edited on 5/11/24 at 12:49 pm
Posted by lsuconnman
Baton rouge
Member since Feb 2007
2689 posts
Posted on 5/11/24 at 10:53 am to
quote:

Is the "housing shortage" overblown?


Yes.

There’s more than enough housing for renters.
Posted by scottydoesntknow
Member since Nov 2023
2101 posts
Posted on 5/11/24 at 11:07 am to
quote:

That and there’s a real lack of legitimate, affordable starter homes in even “decent” areas of a lot of cities. You shouldn’t have to live in the hood just to avoid buying something a solid bedroom and 400 square feet bigger than what you actually need.


There will never be a resurgence of the old affordable neighborhoods with houses close to the city. Segregation of schools allowed for this. White folks simply just dont want to send their kids to schools where they are in constant fear and wont learn anything
Posted by Klark Kent
Houston via BR
Member since Jan 2008
67000 posts
Posted on 5/11/24 at 11:12 am to
quote:

There will never be a resurgence of the old affordable neighborhoods with houses close to the city. Segregation of schools allowed for this. White folks simply just dont want to send their kids to schools where they are in constant fear and wont learn anything


not wrong.


once my kids hit elementary age we plan on selling our current home which is a convenient commute to chase school zones. the safer, cleaner, and higher the school district will be our priority. which means moving further and further from inner city Houston.
Posted by SteelerBravesDawg
Member since Sep 2020
34984 posts
Posted on 5/11/24 at 11:19 am to
quote:

I don’t live in Louisiana, but this idea of urban decay is the exact opposite of what’s happened in Tennessee. 20 years ago downtown Nashville was basically half of what it is now. Downtown Knoxville was almost dead. Areas like East Nashville were dangerous and North Knoxville had very few businesses. Now both downtowns are busy and growing. East Nashville and North Knoxville are filled with millennial homeowners, breweries, and good restaurants. Cities here aren’t decaying, they are thriving

Atlanta is the same way. Not downtown but the neighborhoods in W.Midtown and the eastern sections of the city(Grant Park, Kirkwood, East Lake, E.Atlanta, Virginia Highland) have exploded the last 15 years and the city has gentrified to the point that it is no longer majority-minority.
Posted by SG_Geaux
Beautiful St George
Member since Aug 2004
78055 posts
Posted on 5/11/24 at 11:54 am to
quote:

the "housing shortage" overblown?


Yes. I live in a really nice neighborhood. Less than 5 yrs old and 10% of the house are for sale.
Posted by BuckyCheese
Member since Jan 2015
49752 posts
Posted on 5/11/24 at 11:56 am to
quote:

Absolutely true…unfortunately, neighborhoods like you describe quickly go to shite. Most people don’t like to hear it, but the key is to have a strong homeowner’s association.



Redlining was a thing for a reason.
Posted by Limitlesstigers
Lafayette
Member since Nov 2019
2906 posts
Posted on 5/11/24 at 12:00 pm to
There's a shortage of housing in places that have jobs.

It was easy for me to find an affordable house in Opelousas, not so much in Houston.
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