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re: Baffled as to how single people afford houses currently
Posted on 10/12/23 at 10:04 am to Thundercles
Posted on 10/12/23 at 10:04 am to Thundercles
We need to start building affordable housing. And by that, I don't mean government assistance. Scale the homes back down in square footage. in 1970, the average home was about 1500sf, 3b/2b home, 8'ceilings.
Now, every one expects a starter house to be 4b/4b 2500sf, 10' ceilings because low rates allowed it.
Now, every one expects a starter house to be 4b/4b 2500sf, 10' ceilings because low rates allowed it.
2
Posted on 10/12/23 at 10:10 am to Cdawg
I was just thinking about that this morning. Working on my grandma's house which is about 1100 Sq ft with 2BR/1ba and she raised 5 kids in there who all turned out just fine.
I could build that house myself in a few months for about $40k even with today's insane material costs. Prices are high now, but expectations are much more so ridiculous.
I could build that house myself in a few months for about $40k even with today's insane material costs. Prices are high now, but expectations are much more so ridiculous.
Posted on 10/12/23 at 10:18 am to Cdawg
quote:
We need to start building affordable housing. And by that, I don't mean government assistance. Scale the homes back down in square footage. in 1970, the average home was about 1500sf, 3b/2b home, 8'ceilings.
Now, every one expects a starter house to be 4b/4b 2500sf, 10' ceilings because low rates allowed it.
So true. Around here, nobody has built a reasonable 1,500sqft 3bd/2bath house in decades.
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