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Message
re: Housing Prices: The Whole Country Is Starting to Look Like California
Posted on 7/1/25 at 6:18 am to VooDude
Posted on 7/1/25 at 6:18 am to VooDude
quote:
Fixing the housing crisis is as simple as building a high speed rail network across the country.
It would just be easier to lower home prices and the fed lower interest rates.
Young people are totally out of the market right now
2
Posted on 7/1/25 at 6:20 am to mike4lsu
This reads like it was written by a 12 yr old.
Posted on 7/1/25 at 6:25 am to Eurocat
quote:I’ve been saying this for years. It’s not so much an affordable housing crisis. Although some areas are legit prone to this. In Seattle, WA, teachers and cops can’t live in their neighborhoods. In Northern VA, no chance at ever owning a home. However, there’s plenty of move in ready housing even in booming Huntsville, AL for less than 200k. It’s just in the part of town that is dominated by minorities. It’s not “unsafe” like Baton Rouge or Shreveport. But young white people won’t buy houses there.
It seems like the housing crisis is always in the places young hip twenty somethings want to live, or newlyweds with a kid or two
Posted on 7/1/25 at 6:29 am to alajones
The country is starting to look like a shithole country.
Posted on 7/1/25 at 6:34 am to Samso
If true they will regret it.
Posted on 7/1/25 at 6:35 am to FLBooGoTigs1
quote:
would just be easier to lower home prices and the fed lower interest rates.
Not sure how you can just lower home prices and when the fed cuts and mortgage rates follow values will go up again
Posted on 7/1/25 at 6:40 am to Koach K
We dont have a housing crisis. We have a crime crisis.
The problem is vast swaths of urban development are basically uninhabitable if you care about being safe. Fix that and the "housing crisis" is resolved.
The problem is vast swaths of urban development are basically uninhabitable if you care about being safe. Fix that and the "housing crisis" is resolved.
Posted on 7/1/25 at 6:41 am to SDVTiger
I was just saying because the cross country train solution may take alot longer.
Posted on 7/1/25 at 7:12 am to VooDude
Posted on 7/1/25 at 7:15 am to alajones
quote:
oming Huntsville, AL for less than 200k. It’s just in the part of town that is dominated by minorities. It’s not “unsafe” like Baton Rouge or Shreveport. But young white people won’t buy houses there.
They are trying to blend the races.
Even in nice parts of town they build apartments that I see minorities moving into. It’s very interesting.
Posted on 7/1/25 at 7:16 am to Eurocat
quote:
But if you get a corporate job in NY at, say Colgate-Palmolive, then you probably will be able to afford the nice house.
That isn't the case anymore
Posted on 7/1/25 at 7:16 am to mike4lsu
quote:
11. The new fed chair (appointed next year) will lower interest rate to less that 1% and housing will become affordable again.
lol no
Posted on 7/1/25 at 7:19 am to hikingfan
Too many baws read “Rich Dad, Poor Dad”
Posted on 7/1/25 at 7:30 am to Eurocat
quote:
But is there really a housing crisis in Pittsburgh? In Milwaukee? Miami might have one, but what about Jacksonville? Birmingham Ala?
I say that every time one of these stupid threads comes up. We just had one of the largest migrations in our countries history with covid and then stupid policy for four years that drove a bunch of inflation. The market will adjust like it always does. It’s already happening in a lot of those places (like Florida and Texas).
Posted on 7/1/25 at 7:30 am to hikingfan
Phoenix, Miami, Atlanta, and Dallas.
Isn't "the whole country"
You really want to help the housing crisis out? Stop allowing so many immigrants- the patels are taking over DFW and stop allowing major corporations to buy massive amounts of single family residences.
Black rock shouldn't be buying millions of single family homes, that helps no one.
Isn't "the whole country"
You really want to help the housing crisis out? Stop allowing so many immigrants- the patels are taking over DFW and stop allowing major corporations to buy massive amounts of single family residences.
Black rock shouldn't be buying millions of single family homes, that helps no one.
Posted on 7/1/25 at 7:36 am to Solo Cam
quote:
Black rock shouldn't be buying millions of single family homes, that helps no one.
quote:
We want to make perfectly clear: BlackRock is not buying individual houses in the U.S. A number of other large asset managers and private equity firms are very active today in purchasing single-family residences. BlackRock is sometimes confused with them.
I don’t know why people keep repeating the Black Rock thing. Pretty sure it’s Blackstone you should be saying.
Posted on 7/1/25 at 7:38 am to hikingfan
I doubt it would "fix" housing prices, but having increasing tax rates for someone's second and even higher tax rate for third or forth home wouldn't hurt.
Also, Add 10-25% if you own a home and aren't a citizen.
Also, Add 10-25% if you own a home and aren't a citizen.
Posted on 7/1/25 at 7:39 am to hikingfan
We don't have a shortage of housing. We have a shortage of liveable areas. Large parts of major metro areas are completely off limits. Imagine how much the housing market would open up if a young white family just starting out in life could realistically buy a house on the south side of Chicago, for instance.
The president of El Salvador would have this problem fixed in a week.
The president of El Salvador would have this problem fixed in a week.
Posted on 7/1/25 at 7:41 am to VooDude
quote:
Housing Prices: The Whole Country Is Starting to Look Like California
quote:
NY for a few years. It’s shite, but if Japan can do it, so can we? Might have to kill the unions first.
There is a major difference between NYC and Japan, that makes NYCs version shite. That won't be allowed to be changed, so your dream rail will be shitty in less than a month and a total fail. Seems to be the norm for all major cities public transportation.
Tldr: we aren't Japan.
This post was edited on 7/1/25 at 7:42 am
Posted on 7/1/25 at 7:42 am to Eurocat
quote:
Second thing, if there is really this crisis, where are all the illegal immigrants living?
They are in places like Atlanta driving up the costs of housing.
They aren’t in buffalo.
This post was edited on 7/1/25 at 7:43 am
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