- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- 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: Let go of 30% of workforce yesterday.
Posted on 9/20/25 at 2:14 pm to baldona
Posted on 9/20/25 at 2:14 pm to baldona
quote:
There’s plenty of homes under 2,000 sq ft around me that are under $400,000.
$200/sf is not affordable for most, even if you cut the size in half.
I think people forget your basic job, 2 full incomes at high school graduate entry level full time jobs could easily buy a nice house 30 years ago. Now you need 4 people in those jobs rooming together just to rent an apartment. If we want to go way back a single income like that use to be able to pay all the household bills and buy a house.
I am not in those most people, my wife and I both have good jobs and we can afford a $400,000 house.
2
Posted on 9/20/25 at 2:45 pm to armsdealer
(no message)
This post was edited on 10/12/25 at 4:53 pm
Posted on 9/20/25 at 3:12 pm to Longhorn Actual
quote:
I always tried to pay my rent for the entire year/lease term up front and they never would let me. Apparently it's tough to evict someone if they've fully paid in advance
I let tenants pay in advance after their first year before, but it's case by case. You never know what you're getting into with a tenant no matter how good they look on paper or how good they sell themselves to you. And to be fair, even if they were great the first year that doesn't guarantee they will be the second year. Sure, it's nice to get the money up front but not so great if that tenant decides to move in a roommate or pets or other things that need to be discussed. shite happens in people's lives, and sorry to say usually more so with folks who rent.
This post was edited on 9/20/25 at 3:13 pm
Posted on 9/20/25 at 3:58 pm to el Gaucho
quote:
You trying to sell your starter home baw
LOL… no I’ve actually been involved with most of the residential construction in South Louisiana for the last 15 years
Commercial/industrial also
Posted on 9/20/25 at 5:37 pm to RealDawg
quote:How the hell does this work? How do you “finance” a lease thats paid on a monthly basis to begin with?
2-You will see “rental financing”. Financing of rent over a period of time which guarantees investors but is essentially the used car model for consumers. Don’t pay, they repo you and put you for collection then rent it again and collect another deposit.
Posted on 9/21/25 at 5:07 am to RealDawg
Just out of curiosity, what are you guys seeing for average build costs per sq ft single family homes at the moment?
Posted on 9/22/25 at 7:04 am to Allthatfades
quote:
I’d never want to live under the same roof as another family or adult
I'd rather live in a 200sqft tinyhome than live with other adults I'm not married to. ...... By a lot.
Posted on 9/22/25 at 9:11 am to The Torch
quote:
I work with a girl from Taiwan who's family does this, the kids went to college then came home and they all pitched in to buy a big house so they have 4 people working to pay the mortgage.
This system works for other countries because they all actually work to pay the mortgage and contribute. American's let their children stay at home, play video games, and don't make them work to help pay the bills.
Posted on 9/22/25 at 4:01 pm to lsugerberbaby
quote:
American's let their children stay at home, play video games, and don't make them work to help pay the bills.
They also let their children eat avocado and toast from starbucks! Very sickening!
Posted on 9/22/25 at 10:07 pm to lepdagod
DR Horton is like bottom of barrel. DSLD builds way better homes, but people just like to rip them like they are DR Horton. DSLD is only in gulf states unlike Horton.
Posted on 9/22/25 at 10:54 pm to liz18lsu
quote:
I live in a weird bubble here in SWFL. Snowbirds with gobs of cash. During the COVID peak, they were buying at ridiculous prices. And the new construction keeps going, even now. Rental prices here are equivalent to the mortgage of a $500K home. Within a square mile of my home, they have built condos (only two-lane road access), a giant shopping center with condos, apartments, bars, restaurants, etc. I am all for more options, but "season" when the area quadruples in size was already bad enough.
Real Estate in the Destin is stupid crazy right now
Posted on 9/23/25 at 8:00 am to RealDawg
It seems to be hitting some areas harder than others. We're trying to buy property/house in Coeur d'Alene, ID and we're not seeing prices fall that much or at all. We're hoping they do fall, but so far not much has fallen and if it has not materially. What I'm seeing is an expectation that prices rise over the next year some 1.5 percent...in Coeur d'Alene. Do you foresee a wide spread impact or more market based by location?
Posted on 9/23/25 at 8:11 am to TheosDeddy
quote:
Florida bubble will burst eventually when locals get fed up with prices
There's no Floridian's moving to Kansas or Nebraska.
Posted on 9/23/25 at 9:42 am to RealDawg
quote:
You will see “rental financing”. Financing of rent over a period of time which guarantees investors but is essentially the used car model for consumers.
This is some scumbag shite right here. Price people out of the market then make them slaves.
Posted on 9/23/25 at 11:02 am to WestSideTiger
Wow, what a messed up arrangement this would be. What’s the lender’s collateral? What would interest rates be?
And if the tenant doesn’t pay the loan, there’s no privity of estate to have them evicted under the lease, right? I suppose the lease is written in a way that makes the lender a third party beneficiary?
Seems crazy.
And if the tenant doesn’t pay the loan, there’s no privity of estate to have them evicted under the lease, right? I suppose the lease is written in a way that makes the lender a third party beneficiary?
Seems crazy.
Posted on 9/23/25 at 11:14 am to IMSA_Fan
Rural area west of Houston is > $200/sqft. Guy I know is GC'ing his own construction and expects to be ~$185/sqft.
In 2021, my wife & I built a fully custom home for $161/sqft financed at 2.75%. Sounds great except we're now slaves to our own equity, I doubt we'll see that type of deal again in our lifetime.
In 2021, my wife & I built a fully custom home for $161/sqft financed at 2.75%. Sounds great except we're now slaves to our own equity, I doubt we'll see that type of deal again in our lifetime.
Posted on 9/23/25 at 11:18 am to AllbyMyRelf
Building prices are high, but demand is low outside of spec homes. All spec homes in a mega subdivision near me are already sold and some haven’t even poured a slab yet(maybe about 15 homes). These are the last homes available in that subdivision. I know a few custom home builders and they do not have 30% of the builds they had just a couple years ago. Just dirt got me thinking because I have a neighbor who is building a custom home right now. He is paying over double what I paid per load of dirt just 3 years ago. Something eventually has to give.
Posted on 9/23/25 at 11:43 am to RealDawg
quote:What do you mean? A recovery in transaction volume?
We don’t see housing recovering until 2027.
quote:This is still a tiny, tiny sliver of housing stock. At all time highs, this is like 80K units or something.
Now, more and more of the planned single neighborhoods are being bought as rental developments. This shift equates to more tract style pricing/purchaing and mentality.
Everyone wants to blame everything on this type of thing, but I don't buy it.
quote:This seems like a crazy prediction. During the housing bubble of the mid-aughts, ownership went up to like 70% from it's long-term average of 66% or something like that. No chance at all it goes into the 40s.
1-At least a 20% further swing toward more rental versus ownership. People simply can’t afford to buy and salaries aren’t going to match the huge price swing up Covid and Fed caused any time soon.
Posted on 9/23/25 at 11:48 am to Big Scrub TX
quote:
This is still a tiny, tiny sliver of housing stock. At all time highs, this is like 80K units or something.
Everyone wants to blame everything on this type of thing, but I don't buy it.
The deceptiveness of institutional home buying, particularly of “affordable” housing (middle class people can actually afford it), is pretty clear to me. Less and less “normal” people are able to afford homes, and you hear anecdote and anecdote about full cash offers coming in for people selling.
Now that’s what doesn’t add up
Posted on 9/23/25 at 12:37 pm to Mingo Was His NameO
quote:
The deceptiveness of institutional home buying, particularly of “affordable” housing (middle class people can actually afford it), is pretty clear to me. Less and less “normal” people are able to afford homes, and you hear anecdote and anecdote about full cash offers coming in for people selling.
Now that’s what doesn’t add up
Lots of Boomer money floating around out there being handed or passed down on death. Closing on sale of one of my rentals next week. Buyer is all cash that came from Boomer inheritance. You are only going to be seeing more and more of this the next decade plus.
Page 5 of 6
Popular
Back to top
Follow TigerDroppings for LSU Football News