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re: Homebuyer affordability slipped 5th straight month; Median Single Family Price: $446,400

Posted on 7/19/26 at 9:57 am to
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
33222 posts
Posted on 7/19/26 at 9:57 am to
quote:

No shite. No one is denying this. The point is that in some areas the cost equivalent of what use to be buying a house 30 minutes outside of the city is now buying a house 1.5 hours outside of the city.

But don’t worry, a few strip malls popped up out there as well, so everyone should be rock solid for work and leisure
Posted by dgnx6
Member since Feb 2006
90993 posts
Posted on 7/19/26 at 9:58 am to
quote:

Boomers: “well son if you stopped going to Starbucks, you could afford a house.”


And that boomer has 5 houses, one being from their parents.

If the son is patient...











Posted by LSBoosie
Member since Jun 2020
19484 posts
Posted on 7/19/26 at 9:59 am to
I wasn’t even planning on getting in an argument with anyone in this thread, I just want to scroll. But then you’ve got idiots like night vision saying that everyone young person that wants a house should just go buy some land and get a few buddies to help build the thing makes it hard not to respond…
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
33222 posts
Posted on 7/19/26 at 10:00 am to
quote:

I wasn’t even planning on getting in an argument with anyone in this thread, I just want to scroll. But then you’ve got idiots like night vision saying that everyone young person that wants a house should just go buy some land and get a few buddies to help build the thing makes it hard not to respond…

I hear ya. I’ve been making a concerted effort as of late to stop arguing as much on here, but I couldn’t help myself with this one. I’ll try again tomorrow
Posted by Klark Kent
Houston via BR
Member since Jan 2008
75566 posts
Posted on 7/19/26 at 10:00 am to
exactly!
Posted by Crimson Wraith
Member since Jan 2014
30253 posts
Posted on 7/19/26 at 10:01 am to
What is the main thing holding you down?
Posted by HeadyMurphey
Los Santos
Member since Jan 2008
17312 posts
Posted on 7/19/26 at 10:02 am to
quote:

Put another way, buying 15 minutes from the city center is vastly more expensive now than it was, say, thirty years ago


The need to even visit this hypothetical city is even less than ever with the build out of suburbia and WFH culture.

I agree it is more challenging to buy now versus previous generations. I am not sure how that is exclusive to this current youth. It is obvious that expectations have soared as well.
Posted by LSBoosie
Member since Jun 2020
19484 posts
Posted on 7/19/26 at 10:03 am to
quote:

What is the main thing holding you down?

In what sense?
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
41619 posts
Posted on 7/19/26 at 10:03 am to
quote:

idiots like night vision saying that everyone young person that wants a house should just go buy some land and get a few buddies to help build the thing makes it hard not to respond


Could be worse. At least we don’t have rog in here telling us how he built his own house by himself while working part time and going to LSU as a full time student.
Posted by Boss
Member since Dec 2007
1855 posts
Posted on 7/19/26 at 10:05 am to
And now that people work from home and being 1.5 outside the city isn’t the same as it used to be.
Posted by Crimson Wraith
Member since Jan 2014
30253 posts
Posted on 7/19/26 at 10:06 am to
How many ways are you being held back?
Posted by dgnx6
Member since Feb 2006
90993 posts
Posted on 7/19/26 at 10:07 am to
quote:

My point was that people “buying in the country” were vastly closer to the city than people “buying in the country” now.




That depends. When we first moved to the metro Atlanta area we lived an hour out. They built big neighborhoods and cheap houses. My parents always complained about traffic. As time went on and they made more money, we moved in the perimeter. Where we lived at first is where the Hispanics live now.

Those cheaper houses are still there. They didn't move further out, immigrants moved in.







Posted by LSBoosie
Member since Jun 2020
19484 posts
Posted on 7/19/26 at 10:10 am to
quote:

I agree it is more challenging to buy now versus previous generations.

That’s kind of the point.
quote:

I am not sure how that is exclusive to this current youth.

It’s not. But it’s more relevant to first time home buyers which primarily tend to be younger people.
Posted by LSBoosie
Member since Jun 2020
19484 posts
Posted on 7/19/26 at 10:12 am to
quote:

And now that people work from home and being 1.5 outside the city isn’t the same as it used to be.

You don’t think people that work from home want to be close the city as well? What about all of the people that don’t work from home?
Posted by LSBoosie
Member since Jun 2020
19484 posts
Posted on 7/19/26 at 10:17 am to
quote:

How many ways are you being held back?

You are going to have to be more specific. I’m not sure what you are referring to.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
75566 posts
Posted on 7/19/26 at 10:19 am to
quote:

While there are always defensive boomers, I generally find the non-angsty homeowner millennials to outnumber the angsty renter millennials on these threads


True. And I definitely sympathize more with the angsty non-homeowner millenials over the “if you didn’t buy Starbucks” boomer types. Unfortunately, I think it’s only going to get progressively worse for the younger generations.
Posted by danman6336
Member since Jan 2005
19551 posts
Posted on 7/19/26 at 10:22 am to
quote:

Join the service for one stint, get a VA loan, no money down required.
Sick, all I have to do is years of military service to be able to afford a house in 2026?
Posted by TDTOM
Member since Jan 2021
25941 posts
Posted on 7/19/26 at 10:24 am to
You are going to get smoked here, but you are 100% on point.
Posted by LSBoosie
Member since Jun 2020
19484 posts
Posted on 7/19/26 at 10:26 am to
quote:

Sick, all I have to do is years of military service to be able to afford a house in 2026?

To be fair, he said you can also just go buy some land and have a couple of buddies come help you build a house on it… what could go wrong?
This post was edited on 7/19/26 at 10:28 am
Posted by Night Vision
Affordable Housing For OT Board
Member since Feb 2018
23330 posts
Posted on 7/19/26 at 10:28 am to
quote:

he said you can also just go buy some land and have a couple of buddies come help you build a house on it…


That's not what I said. I explained the Jim Walter process that was used.

Keep pissing and moaning and see where that gets you.
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