- 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: Is the "housing shortage" overblown?
Posted on 5/12/24 at 12:18 pm to StayStrapped
Posted on 5/12/24 at 12:18 pm to StayStrapped
Forces much more powerful than individual buyers are manipulating the market to make it more difficult to own.
0
Posted on 5/12/24 at 12:24 pm to El Segundo Guy
quote:
A first time homebuyer in their 20s has no business looking at $400k homes unless they're a high earner.
It’s not uncommon for college grads to pull 60-75 after 2-3 years in the workforce. With a solid DINK game, 400k for a couple kids making 150k after saving for a year isn’t stretching, nor is that a high earner in many RE markets.
And kids that age still like going into the city. So they will buy in or close to the city more so than not.
Kids like convenience.
Posted on 5/12/24 at 12:33 pm to AUFANATL
quote:
Nashville and East TN are the exception, not the norm. Very high population and economic growth in areas that were ready for it. Of course that has still come at a price - the cost of housing has exploded, traffic has gotten terrible and the crappy public school systems still push people into expensive private schools.
Cost of housing has exploded - correct
Traffic has gotten terrible - in Nashville, yes. Knoxville’s has gotten worse, but it’s manageable.
Crappy public schools - lol not really. I’ve got two small kids. From Knoxville, lived in Nashville. For almost a decade, and recently moved back. We know a lot of families with school-aged kids and we know exactly one family that sends their kids to private school. My oldest goes to a public elementary school and I’m very happy with his school/education.
Posted on 5/12/24 at 12:40 pm to VOLhalla
All the locals complain about the traffic in Nashville, but I guess after living in Baton Rouge and Houston (it’s relative i know), it really hasn’t seemed that bad.
Agree with everything you are saying. One thing I have noticed is the amount of people from California that are living here. 4 of the 12 kids on my sons team are from Cali. They got the deep pockets to pay cash for houses over here.
I can’t really comment on the public school system bc everyone in Brentwood and Franklin seem to send their kids to public schools but I would imagine that might be skewed a bit bc it’s brentwood and Franklin lol.
Agree with everything you are saying. One thing I have noticed is the amount of people from California that are living here. 4 of the 12 kids on my sons team are from Cali. They got the deep pockets to pay cash for houses over here.
I can’t really comment on the public school system bc everyone in Brentwood and Franklin seem to send their kids to public schools but I would imagine that might be skewed a bit bc it’s brentwood and Franklin lol.
Posted on 5/12/24 at 12:44 pm to Violent Hip Swivel
quote:
Where this whole "big cities used to be really nice but now they're shite holes" narrative is coming fron is beyond me.
Between having small kids and Covid we haven’t traveled a whole lot, but almost every city we go to with some regularity has improved. Got family in Greenville, SC and that place has exploded. Same with the downtown area of Richmond, VA.
The only city that we go to that’s worse today than 30 years ago is Huntington , WV. That place got hit real hard with an aging population, brain-drain, and opioids. And I think it may have improved a little over the past five years.
I haven’t witnessed this “cities are shitholes” personally. I’ve seen the opposite
Posted on 5/12/24 at 12:54 pm to FredbullTN
quote:
Agree with everything you are saying. One thing I have noticed is the amount of people from California that are living here. 4 of the 12 kids on my sons team are from Cali. They got the deep pockets to pay cash for houses over here. I can’t really comment on the public school system bc everyone in Brentwood and Franklin seem to send their kids to public schools but I would imagine that might be skewed a bit bc it’s brentwood and Franklin lol.
We lived in East Nashville and I’d say about 20% of license plates were from Cali or Texas. Roads were crazy with wrecks whenever there was ice. There are even quite a few of the same types in Knoxville too.
The couples we know in East Nash all send their kids to public schools there. The whole area has gentrified quickly and almost totally, including the schools
This post was edited on 5/12/24 at 12:58 pm
Posted on 5/12/24 at 2:31 pm to StayStrapped
In North Texas yes
Seems like half the Middle East has moved here.
Seems like half the Middle East has moved here.
Page 3 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News