Breesus, not defending some people's poor choices, but let's look at New Orleans. Where are you going to find a reasonably priced house in a not shite area in NOLA? Looking at areas with decent public schools you are severely limited in your choices. So you can send your kids to pricate school at the cost of college tuition to save money on your house.

So do people make poor choice buying $500k houses straight out of college? Yes. But let's be honest about how difficult it is to find a reasonably priced home in a reasonably good area. It's why I've been commuting from Hammond to various places in BR and the south shore for the last decade.

1 ...

Report Post

Posted by Freauxzen

Utah

Member since Feb 2006

37537 posts

Posted on 8/22/17 at 10:13 am to elprez00

quote:
Breesus, not defending some people's poor choices, but let's look at New Orleans. Where are you going to find a reasonably priced house in a not shite area in NOLA? Looking at areas with decent public schools you are severely limited in your choices. So you can send your kids to pricate school at the cost of college tuition to save money on your house.

So do people make poor choice buying $500k houses straight out of college? Yes. But let's be honest about how difficult it is to find a reasonably priced home in a reasonably good area. It's why I've been commuting from Hammond to various places in BR and the south shore for the last decade.

Wait, you mean to tell me that Boomers both want Late Gen Xer/Millenials to make affordable decisions on housing markets and buy cheap, small houses essentially in the boonies due to suburban expansion and improvement, while at the same time chasing high power, urban/developed city/white collar jobs that typically exist near pricey/competitive housing markets?

Nooooooooo.

1 ...

Report Post

O-T Lounge - Replies to Post

Return To Board

Page 1

Return To Board