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re: WSJ Piece: Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks

Posted on 4/27/24 at 12:30 pm to
Posted by Locoguan0
Baton Rouge, LA
Member since Nov 2017
4447 posts
Posted on 4/27/24 at 12:30 pm to
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.
Posted by rintintin
Life is Life
Member since Nov 2008
16227 posts
Posted on 4/27/24 at 12:34 pm to
quote:

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.


Except for every single piece of data available showing that housing affordability is at historic lows.

Other than that, yeah you're right.
Posted by North Dallas Tiger
United States of America
Member since Mar 2024
3296 posts
Posted on 4/27/24 at 12:37 pm to
quote:

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.
Ok boomer
Posted by Limitlesstigers
Lafayette
Member since Nov 2019
3001 posts
Posted on 4/27/24 at 4:00 pm to
quote:

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.


Because none of those places have jobs, dipshit. The Boomer School of Economics strikes again.
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