- 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: With housing costs exploding...what is next trend in homebuilding?
Posted on 10/31/21 at 10:01 am to CAD703X
Posted on 10/31/21 at 10:01 am to CAD703X
quote:
You'll always have an asset that rides the waves and you'll always have a place to lay your head at night.
Unless you can’t pay your property taxes, which they control.
Posted on 10/31/21 at 10:03 am to ApexTiger
Imagine trying to keep up with maintenance on tens of thousands of homes. Black Rock will most likely rue the day they got into this level of renting homes. As a professional in the real estate field, I can assure you the damage a renter can do to a home far exceeds several years of rental income. The cost of repairs and forced evictions on a mass scale will temper their ownership enthusiasm.
Posted on 10/31/21 at 10:06 am to SDVTiger
quote:
They are going raise them end of the year
Zero percent chance.
Zero.
Posted on 10/31/21 at 10:06 am to BamaCoaster
quote:
This will never, ever, ever happen.
Fed will never raise rates again.
It happens next year. They have no choice. Jerome Powell will do it before his term expires.
Posted on 10/31/21 at 10:07 am to SDVTiger
quote:
What were home values when rates were 10%
My folks home in Spring Texas was 2500 two story, detached garage
they paid 102k in 1980...not sure what the rate was in 1980
In the mid 1980's rates went to 13%
My folks lived in that house for 31 years, sold it for 165k 10 years ago
didn't appreciate much IMHO.
I bet that same house is north of 300k
I was under contract to build a house earlier this year, the lumber package was 92k (up from 55k 5 months prior)....that's just the lumber for a 3100 sq.ft build
100 grand doesn't go far in today's world
This post was edited on 10/31/21 at 10:08 am
Posted on 10/31/21 at 10:07 am to ApexTiger
A couple here seem to think that the Fed will raise rates to curb inflation.
Oh no they won’t. At least not until Trump wins in 2024.
The Fed is a political operative and they are going to allow inflation to drive up the price of everything so wages will also inflate. That way they can brag that they raised wages so those unskilled workers at McDonalds can make a ‘living wage’.
I fully expect housing to continue to increase dramatically until 2024. Then they raise rates and it all comes crashing down.
Oh no they won’t. At least not until Trump wins in 2024.
The Fed is a political operative and they are going to allow inflation to drive up the price of everything so wages will also inflate. That way they can brag that they raised wages so those unskilled workers at McDonalds can make a ‘living wage’.
I fully expect housing to continue to increase dramatically until 2024. Then they raise rates and it all comes crashing down.
Posted on 10/31/21 at 10:08 am to ApexTiger
quote:
100 grand doesn't go far in today's world
Not when your economic policies encourage scarcity.
Posted on 10/31/21 at 10:09 am to LSUwag
It will be the following for the foreseeable future:
Tiny homes
Apartments
Mobile homes
Multi family units
Rv’s
Tiny homes
Apartments
Mobile homes
Multi family units
Rv’s
Posted on 10/31/21 at 10:09 am to Ag Zwin
quote:
Move away from cities that are overpriced and into smaller ones with better value and quality of life.
Sioux Falls, Boise, etc.
Anything available with temps above zero?
Posted on 10/31/21 at 10:10 am to CAD703X
quote:
With money being ruined by Brandon the 500k in your 401k might only be worth 75k in buying power.. Who knows where it's going?
This is the most insidious component of the “Great Reset”…..destroy the wealth of prudent savers/responsible Americans through surging inflation.
Posted on 10/31/21 at 10:15 am to LSUwag
quote:
The Fed is a political operative and they are going to allow inflation to drive up the price of everything so wages will also inflate. That way they can brag that they raised wages so those unskilled workers at McDonalds can make a ‘living wage’.
I think that’s exactly why they will raise rates. The average American is feeling the effects of shitty Joe Biden economic policies. If they do nothing to curb inflation, there will be a revolt at the polls.
Posted on 10/31/21 at 10:17 am to Dawgfanman
quote:yep that's definitely the soft spot.
Unless you can’t pay your property taxes, which they control.
Posted on 10/31/21 at 10:20 am to ApexTiger
quote:
Anything available with temps above zero?
No shite. frick that living in the north
Posted on 10/31/21 at 10:23 am to ultratiger89
There are a handful of RV parks coming in and I see people living in them full time more often.
If I wanted to work again, I'd become a certified mobile RV mechanic. They are very busy and will only get busier.
If I wanted to work again, I'd become a certified mobile RV mechanic. They are very busy and will only get busier.
Posted on 10/31/21 at 10:24 am to fjlee90
quote:
The average American is feeling the effects of shitty Joe Biden economic policies. If they do nothing to curb inflation, there will be a revolt at the polls.
Did you pay attention to the last election?
Elections are rigged, my friend. Biting is only an exercise to make us think we have any say in who they select.
Pay close attention to Virginia on Tuesday if you don’t believe me.
Posted on 10/31/21 at 10:25 am to ApexTiger
quote:
Larger homes so more family members can live under one roof?
This was big 100 years ago. You can still see large homes built around 1920. They were designed for elderly parents, husband/wife, and young children.
That fell out of favor as younger generations moved away and the parents didn't like grandma hanging around giving unwanted advice.
One new trend is a small adjacent house for grandparents. That increases privacy and a sense of self sufficiency. There are several in my neighborhood. But it requires a bigger lot.
Posted on 10/31/21 at 10:27 am to ultratiger89
I looking for 40 or so acres in northeast Alabama.I think I will just put a well built mobile home on it.
Posted on 10/31/21 at 10:29 am to Zach
Here in Nashville the ballers are buying large plots of land and building multiple residences on it for extended family, etc.
Seems to be a trend. I have at least 2 friends who have done this.
Definitely has a similar feel to people who got freaked out after 911 and went full doomsday prep.
Seems to be a trend. I have at least 2 friends who have done this.
Definitely has a similar feel to people who got freaked out after 911 and went full doomsday prep.
Posted on 10/31/21 at 10:29 am to ApexTiger
There is so much wrong with the mass corporate ownership of single family housing. As usual congress is asleep at the wheel or they are taking their ques from the big corporate money takeover of single family housing.
Look down the road at the affects of corporate ownership of single family housing. Corporate activism for political causes is real so what happens when the political class uses the corporate owned landlords to force their will that could not pass through the voters.
How about 1) No guns and ammunition written into the lease. 2) no terrorist actions by any resident - interesting that now exercising your first amendment right to speak at a school board meeting could be a terroristic act. 3) How about no flying a flag. 4) How about no combustible cars or lawn equipment. Think of this as an HOA on steroids! Yea, and now look at who controls the HOA's in these communities that are majority corporate owned. The Corporations would take control of the HOA and in doing so they could raise the HOA fees to force non corporate owners out OR charge high fees that they could then pass on to the renters.
There is so much abuse that is possible with mass corporate owned single family housing.
A simple law that would restrict public traded companies from owning single family housing would solve this immediately. Banks are prohibited from owning property for a good reason and investment firms should fall right in line with the banking laws.
Look down the road at the affects of corporate ownership of single family housing. Corporate activism for political causes is real so what happens when the political class uses the corporate owned landlords to force their will that could not pass through the voters.
How about 1) No guns and ammunition written into the lease. 2) no terrorist actions by any resident - interesting that now exercising your first amendment right to speak at a school board meeting could be a terroristic act. 3) How about no flying a flag. 4) How about no combustible cars or lawn equipment. Think of this as an HOA on steroids! Yea, and now look at who controls the HOA's in these communities that are majority corporate owned. The Corporations would take control of the HOA and in doing so they could raise the HOA fees to force non corporate owners out OR charge high fees that they could then pass on to the renters.
There is so much abuse that is possible with mass corporate owned single family housing.
A simple law that would restrict public traded companies from owning single family housing would solve this immediately. Banks are prohibited from owning property for a good reason and investment firms should fall right in line with the banking laws.
Posted on 10/31/21 at 10:30 am to NPComb
quote:
- reduced housing size like in the EU
quote:
Apartments moved into subdivisions
I can say with absolute certainty that this is happening here in California. This is being done for reasons of “sustainability” courtesy of the state government. These homes have no front, back or side yards worth mentioning and your single car garage starts at the curbside. Also, apartments are popping up all over the place. Two bedroom apartments around Fresno are going for $1,500 and three bedrooms are in excess of $2,000. It’s insane but it’s California so maybe it’s just normal for here.
I don’t understand it whatsoever. I want space, and a couple acres would be great.
Popular
Back to top
Follow TigerDroppings for LSU Football News