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Message
re: Where does the money come from to support home prices in Lakeview?
Posted on 4/3/22 at 10:19 pm to tigahbruh
Posted on 4/3/22 at 10:19 pm to tigahbruh
quote:
They go into massive debt and give up any discretionary income solely so they can have "New Orleans" on their address.
quote:
tigahbruh
I hope you don't really think this.
1
Posted on 4/4/22 at 6:30 am to Sid in Lakeshore
It's probably not terribly far from the truth.....but it's not confined to Lakeview. I have a friend who is a VP for a bank in Mandeville. He sees the same thing. He sees that people stay overleveraged until their mid to late 40's. Plus he says so many use their houses as a piggy bank to help facilitate the lifestyle. Another advantage to home ownership.
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