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Mud_Till_May
USA Fan
Member since Aug 2014
4805 posts
 Online 

Housing prices are alarming
A person now has to go into debt to purchase a house. Families cant get a block structure to live in.

Doesnt get a roof over your head anymore. 2 bed 1 bath shotgun house is 150 plus


Displaced
LSU Fan
Member since Dec 2011
25661 posts

re: Housing prices are alarming
quote:

A person now has to go into debt to purchase a house. Families cant get a block structure to live in.

What exactly do you think a mortgage is...


TDsngumbo
USA Fan
Member since Oct 2011
17019 posts

re: Housing prices are alarming
Have you been under a rock since 1999?

ETA: also, what the above poster said too!
This post was edited on 6/10 at 7:01 am


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300
Spirit of Dunson
Columbia Fan
Member since Mar 2007
22930 posts

re: Housing prices are alarming
Thanks, Trump.


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1462
Revelator
Member since Nov 2008
36239 posts

re: Housing prices are alarming
quote:

A person now has to go into debt to purchase a house.



This has been a common practice for a long long time. Who has the cash to pay off a house?


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800
Mud_Till_May
USA Fan
Member since Aug 2014
4805 posts
 Online 

re: Housing prices are alarming
Why do I have to purchase a mortgage just to live in a house. Why cant I just save and buy?


baldona
Auburn Fan
Florida
Member since Feb 2016
9613 posts

re: Housing prices are alarming
quote:

Families cant get a block structure to live in.


Who has done this since WW2?


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90
SpeckTigerLure
LSU Fan
Member since Nov 2016
479 posts

re: Housing prices are alarming
Dumbest post of the year! Look up definition of a mortgage dummy


CaptainJ47
Hawaii Fan
Gonzales
Member since Nov 2007
5400 posts

re: Housing prices are alarming
You can but frankly with interest rates as low as they are paying cash for a house would be foolish. You should be able to earn more than 4% on your money annualized over 30 years by investing.


Mud_Till_May
USA Fan
Member since Aug 2014
4805 posts
 Online 

re: Housing prices are alarming
quote:

Dumbest post of the year! Look up definition of a mortgage dummy


I know what a mortgage is dummy but it sucks to have to get one. I just want to buy things out right.


Mud_Till_May
USA Fan
Member since Aug 2014
4805 posts
 Online 

re: Housing prices are alarming
quote:

You can but frankly with interest rates as low as they are paying cash for a house would be foolish. You should be able to earn more than 4% on your money annualized over 30 years by investing.


Thats gambling. I just want to live.


Displaced
LSU Fan
Member since Dec 2011
25661 posts

re: Housing prices are alarming
quote:

Why cant I just save and buy?

You can. Well, maybe not you, but some people can.


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390
FlagLake
LSU Fan
"Da Ship"
Member since Feb 2006
1720 posts

re: Housing prices are alarming
quote:

Why do I have to purchase a mortgage just to live in a house. Why cant I just save and buy?


Who said you have to get a mortgage? Save up and buy a house if you want.


Mud_Till_May
USA Fan
Member since Aug 2014
4805 posts
 Online 

re: Housing prices are alarming
Thats what Im doing.


ddbnsb
New Orleans Saints Fan
Raised in New Orleans
Member since Dec 2005
2404 posts
 Online 

re: Housing prices are alarming
quote:

I know what a mortgage is dummy but it sucks to have to get one. I just want to buy things out right.


then save for 30 yrs and buy a house.


Pvt Hudson
Texas A&M Fan
Member since Jan 2013
936 posts

re: Housing prices are alarming
quote:

know what a mortgage is dummy but it sucks to have to get one. I just want to buy things out right.


So pay $1500/month in rent so you can save up $200k to buy a house in 10 years.


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500
TDsngumbo
USA Fan
Member since Oct 2011
17019 posts

re: Housing prices are alarming
You can do that if you want. Nobody’s stopping you.

You must be a registered Democrat.


Mud_Till_May
USA Fan
Member since Aug 2014
4805 posts
 Online 

re: Housing prices are alarming
Nobody here agrees that housing prices are too high?


Mud_Till_May
USA Fan
Member since Aug 2014
4805 posts
 Online 

re: Housing prices are alarming
quote:

You can do that if you want. Nobody’s stopping you.

You must be a registered Democrat.




Im a democrat because I dont want to get a mortgage?


DarthRebel
USA Fan
Member since Feb 2013
11543 posts

re: Housing prices are alarming
quote:

Why do I have to purchase a mortgage just to live in a house. Why cant I just save and buy?


You can and you are welcome to. There is no law preventing you from using your own cash to buy a house.

My interest rate is 3% right now though, so it would not be that wise to just buy it outright.


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