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re: How someone affords a median lifestyle in Dallas Texas

Posted on 4/4/24 at 11:48 am to
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
260980 posts
Posted on 4/4/24 at 11:48 am to
quote:



It isn't, but I think someone making decent money should be able to afford a decent place.



Thats pretty subjective.
Posted by North Dallas Tiger
Geaux Tigahs
Member since Mar 2024
2223 posts
Posted on 4/4/24 at 11:48 am to
I am from here and live here. Probably one of the very few on this website that can say that...

Living modestly is not generally the norm.

Most of the cats I grew up with are trust fund babies, and these concerns you raise mean jack shite to them.

Take that for what it's worth.
Posted by fareplay
Member since Nov 2012
4900 posts
Posted on 4/4/24 at 11:48 am to
This is my point. Even if I do what the boomers want and live like a bot and save as much money as I can, it ain’t enough. They want you to live like the 1950s but pay 2024 prices
Posted by fareplay
Member since Nov 2012
4900 posts
Posted on 4/4/24 at 11:49 am to
If most people you hang with are trust fund babies, I think it’s safe to assume they aren’t representing average Dallas citizens
Posted by Pettifogger
Capitol Hill Autonomous Zone
Member since Feb 2012
79271 posts
Posted on 4/4/24 at 11:50 am to
Is decentralization the solution?

We have geographic expanse in this country and it's not used. People are tethered to cities. There are entire swaths of industry/professions where 95% of the country is just not an option for you.

We've got to figure out how to bring in more housing and space for housing into play.
Posted by lsuguy84
CO
Member since Feb 2009
19812 posts
Posted on 4/4/24 at 11:50 am to
quote:

Even if I do what the boomers want and live like a bot and save as much money as I can, it ain’t enough


Sounds like a “you” problem
Posted by MC5601
Tyler, Texas
Member since Jan 2010
3895 posts
Posted on 4/4/24 at 11:51 am to
quote:

If most people you hang with are trust fund babies, I think it’s safe to assume they aren’t representing average Dallas citizens


They certainly aren't average Dallas citizens but there are thousands of them. Can't tell you how many people I know who had their parents buy them a $600-700k house shortly after college. It's nuts. Just don't remind them of the fact that their parents bought the house for them or they'll lose their ****
This post was edited on 4/4/24 at 11:53 am
Posted by fareplay
Member since Nov 2012
4900 posts
Posted on 4/4/24 at 11:51 am to
“You” is more than half of America tbh.
Posted by North Dallas Tiger
Geaux Tigahs
Member since Mar 2024
2223 posts
Posted on 4/4/24 at 11:51 am to
That is correct.
Posted by SidewalkTiger
Midwest, USA
Member since Dec 2019
52844 posts
Posted on 4/4/24 at 11:52 am to
quote:

We've got to figure out how to bring in more housing and space for housing into play.


Remote work kills two birds with one stone.

You utilize more rural areas, you also don't need as much commercial real estate in the cities.
Posted by Pettifogger
Capitol Hill Autonomous Zone
Member since Feb 2012
79271 posts
Posted on 4/4/24 at 11:52 am to
Dallas is particularly bad for that reason. I know a lot of high income families who have interest in Dallas but don't want to live in Frisco and can't afford the handful of higher end/closer end areas.
Posted by mchias1
Member since Dec 2009
808 posts
Posted on 4/4/24 at 11:52 am to
Who are these boomers with a gun to your head forcing you do or buy anything??

This is a free country. You want to spend your income on frivolous shite then bitch because you can't afford anything, go ahead. But that's no one else's problem but yours.
Posted by fareplay
Member since Nov 2012
4900 posts
Posted on 4/4/24 at 11:52 am to
My sister lives in university park with your friends most likely and can’t see that anyone outside of the bubble live like they do. It’s sad but once you become rich you don’t care about other poors
Posted by 50_Tiger
Dallas TX
Member since Jan 2016
40137 posts
Posted on 4/4/24 at 11:52 am to


Prop tax is low and most nice areas have a ~75-80 a month HOA fee.
Posted by Oilfieldbiology
Member since Nov 2016
37559 posts
Posted on 4/4/24 at 11:52 am to
quote:

Is decentralization the solution?


Yes. It’s impossible to find doctors wanting to move to rural hospitals because they all want to live in big population centers. People are abandoning the country side and abandoning family farms to move to the cities to work white collar jobs.

I have no idea how to fix it, but it’s a huge issue.
Posted by lsuguy84
CO
Member since Feb 2009
19812 posts
Posted on 4/4/24 at 11:53 am to
If you’re struggling with your $700k-1.1 million dollar household income (your words, not mine), you have serious problems you need to work out. I’d stop fricking around on TD and get my shite figured out.
Posted by Thundercles
Mars
Member since Sep 2010
5080 posts
Posted on 4/4/24 at 11:53 am to
\
quote:

Even if I do what the boomers want and live like a bot and save as much money as I can, it ain’t enough. They want you to live like the 1950s but pay 2024 prices


There's a huge disconnect in housing prices and locations where the jobs are. It's happening in every major city where careers start and grow in major cities but people simply can't afford to live well in the city on anything less than 100k.
Posted by Pettifogger
Capitol Hill Autonomous Zone
Member since Feb 2012
79271 posts
Posted on 4/4/24 at 11:54 am to
quote:

Remote work kills two birds with one stone.

You utilize more rural areas, you also don't need as much commercial real estate in the cities.


I agree. We talked a fair amount during COVID about the hope that remote work would reinvigorate idyllic small communities and some of that has happened. I know some people who took the jump.

Of course, most of them did it by moving to a small town on a nice lake and driving up the prices and building massive custom homes, so probably not the grand solution we're looking for, at least yet.
Posted by CunningLinguist
Dallas, TX
Member since Mar 2006
18778 posts
Posted on 4/4/24 at 11:54 am to
Those are rookie numbers for someone like living in Southlake, like me. We’ve been here since 2015 so we were well ahead of current boom for home prices.

You have to live on the outskirts of the metroplex to get a largish house in nice area in 2024.
Posted by fareplay
Member since Nov 2012
4900 posts
Posted on 4/4/24 at 11:54 am to
My wife was offered 1MM to take a job in rural NY 3 hours away from NYC and turned it down. It isn’t worth it, people aren’t robots
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