- 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: For all the Millennials crying about housing costs, here you go
Posted on 5/13/26 at 3:41 pm to UFFan
Posted on 5/13/26 at 3:41 pm to UFFan
quote:
It's being sold for over $800,000.
It's really just a further indication of how ridiculously expensive housing is today.
No it is not. It is an indication of what the market will bear. If nobody wants to buy it or lender will not fund it then the price goes down. That is free market economy.
Charles Koch had some brilliant theorems even though I despised working for him. You cant assign a value to anything. The value is what someone is willing to pay for it.
There is no right to "cheaper" high priced housing.
0
Posted on 5/13/26 at 3:43 pm to Dire Wolf
quote:
27k before closing costs while only being in it 18 months so all you paid was interest and built zero equity
And capital gains tax.
Posted on 5/13/26 at 3:46 pm to Supermoto Tiger
quote:
Let's use this as an example:
1. Be an early buyer in a DSLD subdivision.
2. What's an early buyer? Buy the 1st house finished in the new subdivision.
3. Say that house is 203K
4. There are 60 homes in the subdivision
5. In 18 months, the subdivision will be completely built out.
6. Sell your 203K home for 230K once the subdivision is completed.
7. Profit = 27K
Do this 3-4 times in a brand new DSLD subdivision
and with in 6 years the young couple will pocket 110K downpayment.
The American dream: where an engineer and his teacher wife have to move 4 times in 8 years (the minimum to not have to pay income tax which would pretty much wipe away all your profits from this scheme) from DSDL house to DSDL house in order to hopefully afford something decent by the time they’re 40.
WHAT A LIFE!
quote:
My response:
Well, you don't want it bad enough.
My response:
What an idiot
Posted on 5/13/26 at 4:14 pm to CPA Yung Boi
People do and did a lot you don't seem to want to do in order to get ahead though. Do you not see that you're making our point for us?
Posted on 5/13/26 at 4:16 pm to Supermoto Tiger
quote:
Let's use this as an example:
1. Be an early buyer in a DSLD subdivision.
2. What's an early buyer? Buy the 1st house finished in the new subdivision.
3. Say that house is 203K
4. There are 60 homes in the subdivision
5. In 18 months, the subdivision will be completely built out.
6. Sell your 203K home for 230K once the subdivision is completed.
7. Profit = 27K
Do this 3-4 times in a brand new DSLD subdivision
and with in 6 years the young couple will pocket 110K downpayment.
New Couple says:
"Oh it's not worth doing that and having to move so often and deal with all of the dust and construction going on"
My response:
Well, you don't want it bad enough.
This might be the most retarded thing I've seen in one of these housing prices threads lmao.
Posted on 5/13/26 at 4:17 pm to lazlodawg
quote:
People do and did a lot you don't seem to want to do in order to get ahead though. Do you not see that you're making our point for us?
It’s useless to try and explain things to these entitled generations. Let them stay broke and bitching about it.
Posted on 5/13/26 at 4:24 pm to Everyday Is Saturday
quote:
Old Metairie lifestyle is killing you
I'm doing quite well in my now 3rd Old Metairie home. Needed a bigger house to accommodate all these damn kids my wife is spitting out.
Posted on 5/13/26 at 4:27 pm to JohnnyKilroy
Congrats man!
Posted on 5/13/26 at 4:28 pm to lazlodawg
Thanks!
Posted on 5/13/26 at 4:29 pm to Supermoto Tiger
quote:
But you made 27K in 18 months
Holy shite this guy is an idiot
Posted on 5/13/26 at 4:31 pm to lazlodawg
quote:
People do and did a lot you don't seem to want to do in order to get ahead though. Do you not see that you're making our point for us?
His point is completely retarded because it ignores reality.
Posted on 5/13/26 at 4:33 pm to Supermoto Tiger
quote:
2. When I was 20-30, it was 0 moving cost because me and m,y friends moved everything.
Your friends moved you for free 6 times in 10 years?
Posted on 5/13/26 at 4:36 pm to JohnnyKilroy
quote:
His point is completely retarded because it ignores reality.
You’d be exponentially better off just putting your money in QQQ or VTSAX.
Posted on 5/13/26 at 4:36 pm to slidingstop
quote:
Young people all insist on remote jobs. They want to live "close" to things so they can walk or ride an uber for cheap to bars and restaurants and stuff. Heaven forbid they have to make a twenty minute drive to be entertained
Boomers got to drive drunk from 14 to 40 years old and once they got tired of it they started groups like madd so that the following generations had to pay extra money to have fun
Posted on 5/13/26 at 5:12 pm to lionward2014
quote:
"20 miles outside of the city center" could be over a 45+ minute commute depending on the city at rush hour. Not wanting to dive 1.5 hours a day is not being lazy, it's totally reasonable quality of life decision. Couldn't imagine doing that with small children. Growing up my dad had an hour commute and it sucked getting to only see him for an hour or so in the afternoons on the days he worked.
What did your father do that prevented him some spending the hours of 6-10PM with you?
I drove anywhere from 1-1.5 hours each way and had all kinds of time with the kids in the afternoon and evenings.
Posted on 5/13/26 at 5:14 pm to Mizz-SEC
quote:
What did your father do that prevented him some spending the hours of 6-10PM with you?
What kind of self-respecting man hits the door at 5PM every day? Lazy fricks, I swear.
Posted on 5/13/26 at 5:15 pm to Klark Kent
quote:
you can get a looooot more house and yard in the Texas burbs for $800k.
H1B gonna fix all that
Posted on 5/13/26 at 5:23 pm to JohnnyKilroy
Seriously. It's no wonder all they could afford were shitty 800 sqft 2/1 starter homes with linoleum flooring and formica countertops. I could never allow myself such squalor.
Posted on 5/13/26 at 5:25 pm to JohnnyKilroy
I bought my first house in BR for about 100k That house now goes for about 200k. 3 BR 1700 sf. The houses are out there. People just want the perfect house now right out the gate.
This post was edited on 5/13/26 at 5:28 pm
Posted on 5/13/26 at 5:28 pm to chryso
Damn baw just pick a reply
Page 7 of 10
Popular
Back to top
Follow TigerDroppings for LSU Football News