- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: WSJ Piece: Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks
Posted on 4/27/24 at 12:17 pm to ragincajun03
Posted on 4/27/24 at 12:17 pm to ragincajun03
Fiance and I figured this out a couple of years ago. World is about to be has and has nots, and we are busting out asses to be part of the has crowd. If you're making less than 150k as a house hold in most places, you're gonna be lower class sooner than later.
0
Posted on 4/27/24 at 12:26 pm to ragincajun03
Yeah, I hear you. Would like to move, but I have a 15 year 2.25% rare, so the only way I can justify moving is to buy/build for what I can sell mine for with no mortgage at all
Posted on 4/27/24 at 12:29 pm to ragincajun03
quote:
The gains are heavily concentrated in older Americans who are already homeowners and who invested many years ago when prices were lower.
Now let’s compare the amount of overtime and extra shifts they pulled compared to millennials now
Posted on 4/27/24 at 12:30 pm to ragincajun03
There is no housing crisis.
There is no housing cost crisis.
There are a lot of people who unwilling to live in a place that isn't their dream location. I bought in St. George (oh, yeah, that's right) because the same house in a decent neighborhood in town would cost twice as much. Simple as that.
Look at Colorado. Everyone wants to live in the Front Range cities with quick access to the mountains. No one wants to live an hour east in the prairie lands because it is not the dream. No matter that the houses are half the price.
There is no housing cost crisis.
There are a lot of people who unwilling to live in a place that isn't their dream location. I bought in St. George (oh, yeah, that's right) because the same house in a decent neighborhood in town would cost twice as much. Simple as that.
Look at Colorado. Everyone wants to live in the Front Range cities with quick access to the mountains. No one wants to live an hour east in the prairie lands because it is not the dream. No matter that the houses are half the price.
Posted on 4/27/24 at 1:23 pm to ragincajun03
Everything fricking sucks right now and I think it continues that way. Taxes and prices are out of control. We’ve lost control of our spending.
Posted on 4/27/24 at 2:50 pm to ragincajun03
Boomers really screwed up the housing market. They complain about people using terms such as rizz and cap or trans when that really has 0 effects on anyones life. What they did to housing which effects every single person in the US makes them the worst generation in history.
I assume there will be a large correction within 5 years. It literally can't keep going on as is. There just isn't enough money from ordinary citizens to be able to. It'll sit unoccupied. Losing money.
Young people using weird terms and wanting to be a girl as a guy, who cares. Housing prices are much more important.
I assume there will be a large correction within 5 years. It literally can't keep going on as is. There just isn't enough money from ordinary citizens to be able to. It'll sit unoccupied. Losing money.
Young people using weird terms and wanting to be a girl as a guy, who cares. Housing prices are much more important.
This post was edited on 4/27/24 at 2:57 pm
Posted on 4/27/24 at 3:40 pm to ragincajun03
Joe Biden and the rest of the federal govt are doing a great job. They really are. Things are swell. I hope the aliens blow us up soon.
Posted on 4/27/24 at 4:03 pm to ragincajun03
quote:
WSJ Piece: Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks
This post was edited on 4/27/24 at 4:04 pm
Posted on 4/27/24 at 5:41 pm to ragincajun03
The boomers have to hurry up and go away. They ruin everything.
Posted on 4/28/24 at 12:25 am to ragincajun03
You know they are right, I am getting left behind and in light of that I think some reduced income and property taxes would likely be of major assistance to me to help me catch up
Posted on 4/28/24 at 1:12 am to ragincajun03
quote:what is their monthly income and what is their discretionary spending? Sorry if that was mentioned...
Anthony and Caitlin Fumo expected their well-paying jobs and chunk of savings to support a move closer to their parents in the suburbs of New Jersey.
Posted on 4/28/24 at 1:23 am to ragincajun03
Trusting the FED to supply an honest economic analysis is like trusting China to supply honest Covid information. Literally nothing they do is in our best interest. Their existence is against the interest of this country.
Posted on 4/28/24 at 7:06 am to ragincajun03
quote:True.
But when you think about it, the current 7% to 8% if what 80s and early 90s babies' parents were used to as the norm.
But it doesn't help Gen-Y folks who put off ownership.
Posted on 4/28/24 at 9:04 am to ragincajun03
simple all the shite hole cities and bad crime area are places with people who have credit scores under 500.
so what we do is obvious
housing crime problems are solved.
when your credit goes below 500 you are safe other wise shipped to haiti or a nice labor camp building the wall where they can learn a skill or they get put behind the wall.
gentrification would provide plenty of jobs.
so what we do is obvious
housing crime problems are solved.
when your credit goes below 500 you are safe other wise shipped to haiti or a nice labor camp building the wall where they can learn a skill or they get put behind the wall.
gentrification would provide plenty of jobs.
Posted on 4/28/24 at 9:37 am to ragincajun03
quote:
But when you think about it, the current 7% to 8% if what 80s and early 90s babies' parents were used to as the norm.
Houses didn’t cost $400k in the 70s and 80s.
Posted on 4/28/24 at 10:52 am to ragincajun03
We moved into our starter home about 5-6 years ago, then shortly after pandemic had our first kid in it... it's not tiny but could be bugger for us, but u feel stuck here. Could we a fford to buy bigger? With some stretching yes... but I feel like doing so would require me setting a pile of money on fire
Posted on 4/28/24 at 12:41 pm to ragincajun03
House just sold recently. If everything works out, going to make nearly 100k off the sale to put down and the payment on our new house will still be close to double what current one is.
frick every worthless slime ball in DC
frick every worthless slime ball in DC
Posted on 4/28/24 at 3:52 pm to ragincajun03
quote:
but we would like to have really nice things like outdoor kitchen, etc.
my kitchen leads out to my back porch and I just have a grill like a heathen.
An outdoor kitchen would save me a few steps and not worth it.
Posted on 4/28/24 at 4:06 pm to ragincajun03
quote:
But when you think about it, the current 7% to 8% if what 80s and early 90s babies' parents were used to as the norm.
Yeah but buying power was almost triple then what it is today.
This post was edited on 4/28/24 at 4:11 pm
Posted on 4/28/24 at 4:09 pm to ragincajun03
Private Equity is buying up all the homes and renting them. It’s big business. That’s a big part of the equation.
People need to recalibrate expectations and realize that buying a home in a high demand area is not to be expected for everyone right now.
People need to recalibrate expectations and realize that buying a home in a high demand area is not to be expected for everyone right now.
Page 2 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News