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Started By
Message
re: How much was your house worth 20 years ago?
Posted on 8/30/22 at 2:19 pm to PeteRose
Posted on 8/30/22 at 2:19 pm to PeteRose
I bought my first house in '97, for 117K, sold it in 2012 for 180, guy I sold it to just sold it for 250.
My house note was 709 a month.
Bought my current house in'12 for 320, It just appraised close to 500..
My house note was 709 a month.
Bought my current house in'12 for 320, It just appraised close to 500..
This post was edited on 8/30/22 at 2:21 pm
0
Posted on 8/30/22 at 2:22 pm to PrecedentedTimes
quote:
2,650sq ft
You call that living?
When embellishing and trying to look like an OT baller goes wrong..........
Posted on 8/30/22 at 2:26 pm to MusclesofBrussels
Anything regarding financials I just assume he is lying 
Posted on 8/30/22 at 2:26 pm to SuperSaint
Where were you a
???
And to stay on topic - my house is worth double what it was 10 years ago, and it’ll be paid off in a few years - when I’m in my mid forties
quote:
junkie criminal bartender in New Orleans
???
And to stay on topic - my house is worth double what it was 10 years ago, and it’ll be paid off in a few years - when I’m in my mid forties
Posted on 8/30/22 at 2:26 pm to lsupride87
quote:
Here is the deal though
In 1970s you are comparing a dad who didn’t co to college and worked in a manufacturing plant or manager at a grocery store whose wife didn’t work and they had 4 kids in private school could live the life above
The couple now in your modern example is two college grads both working with only two kids and they are priced out
That’s how absurd it’s got.
If you actually try to compare apples to apples, and use the 1970family above and conpre to a married couple where the wife doesn’t work and the husband is a grocery store manager or equivalent, they are living in an apartment in a sketchy area now building zero wealth while the 70s couple was in a house and doing everything you listed above
No I'm talking the guy who worked construction at the plant or operators the plant and had no kids in private.
I agree with you about wages but your comparisons are dog shite imo.
Posted on 8/30/22 at 2:34 pm to PeteRose
20 years ago, $80/sq ft
8 years ago, $160/sq ft
Today, $300/sq ft
House was built 110 years ago.
8 years ago, $160/sq ft
Today, $300/sq ft
House was built 110 years ago.
This post was edited on 8/30/22 at 2:37 pm
Posted on 8/30/22 at 3:11 pm to PeteRose
Have they done any upgrades over the past 21 years?
Posted on 8/30/22 at 3:19 pm to lsupride87
quote:
No, just no The average wage to average house cost ratio is the worst it’s ever been in American history. Even worse than the Great Depression I swear it’s impossible to get old people to accept this simple fact
This is mostly the west coast, NY and Washington DC that’s skewing the frick out of this number where cost of housing is 10* the average income.
The top 10 least affordable cities are all on the west coast, then you have NY.
This post was edited on 8/30/22 at 3:21 pm
Posted on 8/30/22 at 5:13 pm to dgnx6
Paid 166k three years ago. Now it's worth 380k. Not bad unless you're trying to buy now.
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