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re: For all the Millennials crying about housing costs, here you go

Posted on 5/13/26 at 12:11 pm to
Posted by canyon
MM23
Member since Dec 2003
22193 posts
Posted on 5/13/26 at 12:11 pm to
quote:

you guest it,


stupid arse. no wonder you suck at home ownership
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
41085 posts
Posted on 5/13/26 at 12:12 pm to
quote:

Nah, they are pricing it like it’s on the good side of Metairie Rd. I doubt they get anywhere near their asking price




It will go for at least 750-775. There have been several 1M+ (and a few 2M+) sales in the last few months on that side of metairie road within a couple blocks of the house in the OP.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
41085 posts
Posted on 5/13/26 at 12:13 pm to
quote:


Metairie on the lake >>> north side of Metairie road by 4 blocks and it’s not even close.
Posted by bee Rye
New orleans
Member since Jan 2006
34580 posts
Posted on 5/13/26 at 12:15 pm to
quote:

There have been several 1M+ (and a few 2M+) sales in the last few months on that side of metairie road within a couple blocks of the house in the OP.


Most of which were 3500 sq ft or larger
Posted by Jake88
Member since Apr 2005
79926 posts
Posted on 5/13/26 at 12:16 pm to
quote:

Where are these located not in terrible/ghetto areas or areas so congested that they're incredibly expensive (like CA)
DSLD homes
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
41085 posts
Posted on 5/13/26 at 12:19 pm to
a teardown just sold two streets over for $1.1M.
Posted by danilo
Member since Nov 2008
25699 posts
Posted on 5/13/26 at 12:21 pm to
There are many homes in Gentilly for under 300k. Believe in Old Jefferson too
This post was edited on 5/13/26 at 12:24 pm
Posted by bee Rye
New orleans
Member since Jan 2006
34580 posts
Posted on 5/13/26 at 12:21 pm to
You keep laughing, what makes old Metairie near I-10 better than Metairie on the lake in any metric other than being closer to the really rich people between Metairie Rd and the railroad tracks?

Identical access to goods and services, identical commute times to downtown, one is full of only nice homes, one is a mix of older smaller homes with some newer ones sprinkled in. Please tell me
This post was edited on 5/13/26 at 12:22 pm
Posted by Defenseiskey
Houston, TX
Member since Nov 2010
2149 posts
Posted on 5/13/26 at 12:23 pm to
quote:

We should not resent the boomer


"Not most boomers, but it's usually a boomer."

I mean people who show up at city council meetings to stop affordable housing, cut education after they benefited from it, outsource jobs, send our tax dollars and young men to an "ally" that actually hates us are usually boomers. Its not most of them but its always them.

I think the gender wars, racial tension, and generational conflicts are generally manufactured by the "elites" but I can see why the optics look bad for Boomers.

This post was edited on 5/13/26 at 12:28 pm
Posted by Weekend Warrior79
Member since Aug 2014
21729 posts
Posted on 5/13/26 at 12:25 pm to
quote:

you can get a looooot more house and yard in the Texas burbs for $800k.

To be fair, you can get a looooot more house and yard in other parts of Metairie
Posted by SoggyCerealClub
Member since Apr 2026
106 posts
Posted on 5/13/26 at 12:26 pm to
quote:

Another major issue to me is the concept of a "starter home" is lost on this younger generation. When I think starter home i think of like 1000 SF, probably 2 bedrooms with maybe a full sized 2nd bathroom, no frills

These don’t exist.

I would consider my 1500 sqft 3 bed, 2 bath house with no frills a starter home. I paid $145k in 2021 and I can now sell it for over $200k. The issue isn’t the homes, it’s the prices.
Posted by LemmyLives
Texas
Member since Mar 2019
16072 posts
Posted on 5/13/26 at 12:28 pm to
quote:

cut education

Per capita spending on K-12 has been going up since we made fire.
Posted by Sus-Scrofa
Member since Feb 2013
11056 posts
Posted on 5/13/26 at 12:29 pm to
Probably could have bought it for 300k at 2.5% six years ago
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
41085 posts
Posted on 5/13/26 at 12:31 pm to
quote:

You keep laughing, what makes old Metairie near I-10 better than Metairie on the lake in any metric other than being closer to the really rich people between Metairie Rd and the railroad tracks?





Yea man, the price per square foot is hundreds of dollars different for like, no reason. Crazy.

I bet if you think really hard you could figure it out
Posted by Defenseiskey
Houston, TX
Member since Nov 2010
2149 posts
Posted on 5/13/26 at 12:37 pm to
quote:

Per capita spending on K-12 has been going up since we made fire.


Higher education has inflated more than any other expense since the 1980's and that's mostly due to cuts at the state level.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
476619 posts
Posted on 5/13/26 at 12:38 pm to
quote:

DSLD homes


Where is DSLD making "1000 SF, probably 2 bedrooms with maybe a full sized 2nd bathroom," homes?
This post was edited on 5/13/26 at 12:39 pm
Posted by Scruffy
Kansas City
Member since Jul 2011
77256 posts
Posted on 5/13/26 at 12:41 pm to
quote:

DSLD homes
They aren’t building 1000 sqft homes.
Posted by bee Rye
New orleans
Member since Jan 2006
34580 posts
Posted on 5/13/26 at 12:41 pm to
quote:

Yea man, the price per square foot is hundreds of dollars different for like, no reason. Crazy.


617 Codifer, 315 Helios, 314 Hesper. Those are the most recent sales for similarly sized houses in the area, none are over half a million.
Posted by St Augustine
The Pauper of the Surf
Member since Mar 2006
72124 posts
Posted on 5/13/26 at 12:42 pm to
quote:

sure, in theory. i doubt that’s reality.


I’m 45 and a millennial and am on my second house

There are plenty of us with kids in middle to high school and houses grinding through the busy parts of life. This idea that all millennials are working 18 hours a week at Starbucks is funny.
This post was edited on 5/13/26 at 12:47 pm
Posted by jwalk38
Member since Nov 2021
166 posts
Posted on 5/13/26 at 12:45 pm to
Anyone who spends anything close to that asking price deserves what is coming to them.
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