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re: Salary of $115,627 needed in order to qualify for a mortgage on a typical American home
Posted on 10/19/23 at 6:12 am to GeorgeReymond
Posted on 10/19/23 at 6:12 am to GeorgeReymond
You don't buy a starter home in a central business district.
Hell... back in the 80s and 90s, people were buying starter homes outside the perimeter. Atlanta was the business district.
In the 2000s that had been pushed towards the outskirts of Lawrenceville and into counties like Barrow.
Today... Lawrenceville is the central business district (and it is further than your map shows).
You have to push out further.
Do you know what a central business district is?
Hell... back in the 80s and 90s, people were buying starter homes outside the perimeter. Atlanta was the business district.
In the 2000s that had been pushed towards the outskirts of Lawrenceville and into counties like Barrow.
Today... Lawrenceville is the central business district (and it is further than your map shows).
You have to push out further.
Do you know what a central business district is?
1
Posted on 10/19/23 at 7:04 am to meansonny
Lawrenceville is not a ‘central business district’ unless its moved to Downtown, Midtown, Buckhead, Cumberland, or Perimeter Center.
Again, we’re no longer in the 80s and 90s. I know how starter homes worked and where they were traditionally built.
Developers just aren’t building them at the same pace they used to. Here’s a few articles on the subject.
Business Insider
Realtor.com
NY Post
These are the <$250k homes for sale in the east Atlanta metro which includes this steal for $230k.
LINK
Where are those starter homes again.. Athens?
Again, we’re no longer in the 80s and 90s. I know how starter homes worked and where they were traditionally built.
Developers just aren’t building them at the same pace they used to. Here’s a few articles on the subject.
Business Insider
Realtor.com
NY Post
These are the <$250k homes for sale in the east Atlanta metro which includes this steal for $230k.
LINK
Where are those starter homes again.. Athens?
This post was edited on 10/19/23 at 7:10 am
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