For a 20 year old house?? Who said you had to buy new? And I’m no boomer, I’m X. You know, the generation that is responsible for all y’all spoiled entitled frickers

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Posted by JiminyCricket

Member since Jun 2017

3722 posts

Posted on 4/17/24 at 3:52 pm to Sput

Yes, I was referencing houses built between 05-07 so pretty damn close to 20 year old houses. This has been done ad nauseum on here relative to your belief that housing is still actually affordable for younger people. Time and again, the math has been shown to reveal that housing is absolutely more expensive when adjusted for inflation than your generation. It’s a fact.

You can argue with it, you can blame young people for wanting huge houses if you want but it’s undeniable the fiscally irresponsible policies of our government has made home ownership much more difficult.

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Posted by Lightning

Texas

Member since May 2014

2311 posts

Posted on 4/18/24 at 2:54 am to Sput

quote:
quote: For a 1400 sq ft house in my area, you're looking at around 250k ish.

For a 20 year old house?? Who said you had to buy new? And I’m no boomer, I’m X. You know, the generation that is responsible for all y’all spoiled entitled frickers

Try a 65 year old house.

Just searched my city (DFW area) - there are 2 homes for sale that are around 1500 sqft and under $250k.

House 1: 1250sqft, built in 1959, has some decent interior updates, listed for $240k

House 2: 1472 sqft, built in 1955, not updated, listed as a “fixer upper” for $225k

This is an older, very middle class area, the majority of the homes here were built in the 80s. I’m not talking about Prosper or any of the hot DFW growth areas. New builds in this area are -$500k.

Markets vary of course, but the fact that you assumed “Who said you had to buy new?” about a $250k price tag is laughable and shows how out of touch you are on housing prices.

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