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re: The High Cost of a Home Is Turning American Millennials Into the New Serfs
Posted on 8/21/17 at 5:25 pm to dbeck
Posted on 8/21/17 at 5:25 pm to dbeck
quote:
It was a tiny 1 story shithole starter home way out in the suburbs.
Nobody is building small homes like that anymore.
nailed it.
at least in texas, or more specifically where i live in texas, contractors aren't able to make profit on the smaller homes therefore they are focusing on 200k plus homes. Small piece of shite houses from just a couple years ago are up 30-40k, and many of these "first time buyer" type houses are getting multiple offers, and are off the market quick.
This post was edited on 8/21/17 at 5:26 pm
2
Posted on 8/21/17 at 5:31 pm to PhilipMarlowe
quote:
contractors aren't able to make profit on the smaller homes therefore they are focusing on 200k plus homes.
$200k is a big house. I'm lost.
$200k would not even get you a 50x20 small lot where I live.
Posted on 8/21/17 at 5:32 pm to PhilipMarlowe
Were contractors ever making a profit on smaller less than 200k homes?
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