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re: I think people need to accept that the housing window has closed

Posted on 7/31/26 at 12:49 pm to
Posted by Gus007
TN
Member since Jul 2018
14903 posts
Posted on 7/31/26 at 12:49 pm to
quote:

All joking aside, what I have seen that is changing is people are not planning to temporarily settle. They want the nice 3-4 beds, 2+ baths, in a nice neighborhood right away, and won't consider eating shite for a few years to also make that happen.


Fact! Young folks don'e want to learn a Trade, start at the bottom, and work until the earn enough for a down payments.
Posted by baldona
Florida
Member since Feb 2016
24380 posts
Posted on 7/31/26 at 12:49 pm to
quote:

within 20 minutes of downtown.


Why do you need to be within 20 mins of downtown? That's where your issues are? If you want a great location you either go very small, crappy, or pay a ton.

Why is that wrong?
Posted by NIH
Member since Aug 2008
124439 posts
Posted on 7/31/26 at 12:49 pm to
Trump is bringing affordability back!
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
76001 posts
Posted on 7/31/26 at 12:50 pm to
quote:

How much did you buy it for in 2017, and what is your best guess of what it's worth today? I'm willing to bet that it's worth significantly more than what it was worth in 2017, even when adjusted for inflation. Even with an extra decade of wear and tear. That's the big disconnect.


You didn't finish reading my post.
Posted by HouseMom
Member since Jun 2020
1951 posts
Posted on 7/31/26 at 12:51 pm to
quote:

If you live in DFW with no kids and a household income of $140k your options are as follows 1. Rent a nice 2 bedroom apartment close to work, within 20 minute commute. About $2500 a month


Why do you need a 2 bedroom? A 1 bedroom will be significantly cheaper.

quote:

Buy a builder grade 3/2 over an hour away from your office for $375k


You're not getting into Highland Park on your salaries. Your salaries are the equivalent of two first-year teachers in Dallas. You live in a very expensive metro, so your housing situation will always involve a commute (this is normal, btw).
Posted by GoCrazyAuburn
Member since Feb 2010
41693 posts
Posted on 7/31/26 at 12:51 pm to
quote:

Why do you need to be within 20 mins of downtown?


Historically, the average commute has been around 20 minutes, so it is a reasonable criteria to use. Things are much closer to 30 minutes being the average now unfortunately.
Posted by CPA Yung Boi
Member since Apr 2026
193 posts
Posted on 7/31/26 at 12:51 pm to
quote:

Why do you need to be within 20 mins of downtown? That's where your issues are? If you want a great location you either go very small, crappy, or pay a ton.



People with good jobs shouldn’t be forced to commute almost an hour each way just to afford a decent place to live. It’s really not thar complicated.

If you want to to save money, great, but you shouldn’t have to
Posted by Dire Wolf
bawcomville
Member since Sep 2008
40672 posts
Posted on 7/31/26 at 12:52 pm to
quote:

se are just the houses and not condos.

All of these are in bad areas?
Posted by oldtrucker
Marianna, Fl
Member since Apr 2013
3812 posts
Posted on 7/31/26 at 12:53 pm to
They still making those double wides.
Posted by Mid Iowa Tiger
Undisclosed Secure Location
Member since Feb 2008
25108 posts
Posted on 7/31/26 at 12:55 pm to
I won probably five houses in my life. Well me in the bank. I’ve never had an issue finding a home to live live in and own. I’m renting right now solely because the short amount of time I’m going to live in the area I’m in.

I also am looking at buying property and building yet another home for my retirement. I don’t think homeownership is nearly as impossible as a lot of people want to believe.

Posted by baldona
Florida
Member since Feb 2016
24380 posts
Posted on 7/31/26 at 12:56 pm to
quote:

Historically, the average commute has been around 20 minutes, so it is a reasonable criteria to use. Things are much closer to 30 minutes being the average now unfortunately.


Commute to work, yes. Not commute to downtown for everyone. MOST people don't work in downtown.

If you are a young college graduate or married and work downtown Nashville then you can easily afford an Apt that's well within 20 mins. Your job will be paying better.

Otherwise you don't NEED to live within 20 mins of downtown during rush hour.

Most of Nashville can be within 20 mins of downtown at say 8pm if you want to go out.
Posted by GoCrazyAuburn
Member since Feb 2010
41693 posts
Posted on 7/31/26 at 12:56 pm to
quote:

They still making those double wides.


Baw, you aint ready for my compound
Posted by baldona
Florida
Member since Feb 2016
24380 posts
Posted on 7/31/26 at 12:57 pm to
quote:


People with good jobs shouldn’t be forced to commute almost an hour each way just to afford a decent place to live. It’s really not thar complicated.

If you want to to save money, great, but you shouldn’t have to


What dream world are you living in? Again, no one is forcing anyone to do anything.

You can live in a small 1 bedroom downtown if you want.

No one FORCED you to take that job if it has a long commute.
Posted by CPA Yung Boi
Member since Apr 2026
193 posts
Posted on 7/31/26 at 12:58 pm to
quote:

Why do you need a 2 bedroom? A 1 bedroom will be significantly cheaper.


God, some of you are miserable. You do t need two bedrooms, but a 750sq foot one bedroom is going to run you somewhere around. $1700. A married couple, both with jobs exceeding the median income of this country SHOULD be able to live above the bare fricking minimum. This is a simple concept.

Well just live in a shoe box and never go out to dinner with friends and don’t go on vacation and you’ll be able to buy an 1800 sq foot house with particle board cabinets by the time you’re 35. THE AMERICAN DREAM,
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
96148 posts
Posted on 7/31/26 at 12:58 pm to
quote:

People with good jobs shouldn’t be forced to commute almost an hour each way just to afford a decent place to live. It’s really not thar complicated.

If you want to to save money, great, but you shouldn’t have to


Do you understand how the market works --- at all?
Posted by GoCrazyAuburn
Member since Feb 2010
41693 posts
Posted on 7/31/26 at 12:58 pm to
quote:

Commute to work, yes. Not commute to downtown for everyone. MOST people don't work in downtown.


I'd argue most people do work near the downtown area. Regardless, I'm fairly certain the poster was using that as the metric for the 20 min requirement, whether you thought that or not.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
79494 posts
Posted on 7/31/26 at 12:59 pm to
Exactly, they arent.
Posted by Crowknowsbest
Member since May 2012
26996 posts
Posted on 7/31/26 at 12:59 pm to
quote:

Anyhow, while we schooled up and careered up and saved up, we could finally buy a nice suburban house in 2017. In our late 30's.

It can still be done if you are willing to crank out some shitty years first. At least I hope that's the case.

It can still be done, but 2017 is a long time ago relative to housing costs.
Posted by MC5601
Tyler, Texas
Member since Jan 2010
4309 posts
Posted on 7/31/26 at 1:02 pm to
The upper middle class house that was affordable at $350k per year in 2019 is now $600-700k in most major cities. Salaries have not gone up anywhere near that much in the same time frame. If you purchased before 2020 you’re good because you sit on great equity. Anyone trying to enter the game as a first time buyer will have a very hard time. 55% of Americans say they could not afford the home they currently live in if they were to buy at current market prices
Posted by Kingshakabooboo
Member since Nov 2012
1996 posts
Posted on 7/31/26 at 1:03 pm to
horseshite!!!!

I do agree that it is almost impossible to only have only one working spouse these days and that is a problem. But the idea that home ownership is impossible for new couples today is completely wrong. Within the past 5 years, bit of my kids have finished college and trade school, married, and each bought their first home.

Daughter is an OTA, married a welder, bought a nice 3/2 1500 sf home for $220,00 in Bossier.

Son is a plumber, married a dental hygienist, bought a nice 4/2 2000 sf home for $320,000 in Bossier. ** I did advise him to stay $280 or less but he did what he did.

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