re: For all the young people crying about home prices, here you go.

$459/ sq. ft. for fricking Sea Can.

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This. OP is somewhat disingenuous because of the fact of where he is posting. Value is in the lot not the house.

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I think that’s the point

Y’all call young people lazy and stupid, but we’re selling lots for $400k. What would you have them do?

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Y’all call young people lazy and stupid, but we’re selling lots for $400k. What would you have them do?

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im not calling anyone anything. i think the housing market today sucks for young people. im 44.....am i old?


But also, dont look in areas that rich people are desperately trying to get into.

there is a house for sale 5-10 minutes away for hundred grand less and in a good area that would actually be a good small family home.

more reasonable

another across esplanade for 40k cheaper and bigger.

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Remember when you made a post every day for 9 months telling us the housing market was going to collapse at any moment? Man what a time.

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I never said collapse or anything close to 2008 but you guys keep claiming that.

I said a correction was due and I also highlighted numerous times how Gov intervention stopped the market from naturally occurring. But guess what many markets are seeing happen now?

I also correctly pointed out that Biden was allowing Covid forbearance long past its need to keep foreclosures from picking up. I also said that about 8-9 months after Trump ended it in September, we would see an uptick, and guess what ATTOM and Corelogic have been publishing reports on? Yep, 18 straight months of YoY increases in foreclosure activity, but it is currently accelerating at a faster pace, which is in line with my 8-9 month prediction.

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Foreclosure Starts and Completions

Starts: Lenders initiated foreclosure proceedings on 28,414 U.S. properties during April 2026, down 6 percent from March and up 12 percent above the level seen one year earlier.

Completions (REOs): Lenders repossessed 5,098 properties in April 2026, down 3 percent from the previous month but up 42 percent from April 2025.

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U.S. Foreclosure Rates by State – April 2026


I could post a lot more data for you all, but you all would claim I was predicting a crash because the understanding you guys have of the market is either the extreme of what happened in 2008 or the extreme Covid-era buying frenzy. There is no middle for any of you to understand the nuances of the market local to you, much less nationally.

None of this stuff happens overnight. 2008 was literally 30 years in the making



But hey...keep using hyperbole to claim I was wrong just because I warned everyone early

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Value is in the lot not the house.

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LMFAO it's a 6k sq ft lot on a cut through street. Ridiculous

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basically has another lot on it

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That's what the realtor is trying to sell, but "double lot" is really just two half lots

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LMFAO it's a 6k sq ft lot on a cut through street. Ridiculous

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do u even seven thousand five bro?

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110 years ago, that place would cost you $5K.

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Back in the 1920’s my grandparents lived in Morgan City. The local movie house had some kind of cash prize contest on a certain night every week and the prize was progressive, if someone didn’t win it the prize would rollover until someone won it. My grandmother and her sister would go every week because the prize had built up to what at that time was a substantial amount of money.

And my grandmother won it, $1200 cash. My grandparents used that money and $1000 my grandfather had saved up and bought a house. $2200 total. My dad and all his siblings were born in that house.

My grandfather worked for the railroad and when WWII started he got transferred to NOLA because of increased shipments that were destined to the Higgins boat yards. They had intended to move back to Morgan City when the war was over but never did. My grandfather kept the house through the tears and rented it out. I remember being a kid and going with my grandfather to check on and do repairs to the house. It wasn’t a bad house, kind of similar in looks to the posted house, but my grandfather really kept in up. He didn’t finally sell the house until the ‘70s.

Its being sold for the land. That is a big lot in Old Metairie. Its actually cheap land compared to the rest Old Metairie.

A single lot by my house goes for 750k, and I am not even ny the country club in MCG.

300-400k in metairie (not Old Metairie) gets you a solid house.

What an odd hill to die on.

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Home affordability has plummeted compared to 2000. Nationally, the median home price-to-income ratio has nearly doubled, soaring from $163,500 (roughly 4 times the median income) in 2000 to over $420,000 (more than 7 times the median income) today. Consequently, a standard 20% down payment now consumes over 70% of the median household income, more than double what it required in 2000.

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