quote:
I bought a house in river ridge, a safe suburb of New Orleans. It was a house built in 1960 I paid 230k for in 2015 The house just sold for 385k That’s ridiculous in 9 years the rise in price. The salary rise isn’t remotely close.

So just to confirm, we can only use hypotheticals that show crazy increases in value moving them out of new buyers price ranges and not hypotheticals that show that in actuality there are affordable alternatives if you zoom out on the map or don’t pick the absolute top neighborhoods in the area.

This post was edited on 5/6/24 at 11:55 am

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Posted by Salmon

On the trails

Member since Feb 2008

84250 posts

Posted on 5/6/24 at 11:55 am to poochie

quote:
and not hypotheticals that show that in actuality there are affordable alternatives if you zoom out on the map or don’t pick the absolute top neighborhoods in the area.

once again, the point being that previous generations didn't have to move out further or move to shittier neighborhoods

they could afford desirable neighborhoods

and now they can't by increasing numbers

and that sucks

why is that so hard to admit?

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Posted by lsupride87

Member since Dec 2007

99559 posts

Posted on 5/6/24 at 12:01 pm to poochie

quote:
So just to confirm, we can only use hypotheticals that show crazy increases in value moving them out of new buyers price ranges and not hypotheticals that show that in actuality there are affordable alternatives if you zoom out on the map or don’t pick the absolute top neighborhoods in the area.

I was asked about my personal situation

But no hypotheticals and anecdotal stories aren’t important. What is important is what is the situation at large?

And the facts are the American wage is weaker compared to goods than previously before

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