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re: Is The Economy really bad?

Posted on 8/25/25 at 4:10 pm to
Posted by iwyLSUiwy
I'm your huckleberry
Member since Apr 2008
42259 posts
Posted on 8/25/25 at 4:10 pm to
quote:

Link 3 homes in Baton Rouge for $250k that aren’t built with particle board cabinets and/or aren’t in the ghetto

Requirement: must be within 15-20 minutes of downtown BR


I keep Realtor/Zillow open all day bc we're in the market for a new house. I am pretty much on your side of the argument here. Figured this would be a fun search. Only know the North LA market so curious as to BR.

232K, 6.2 miles from LSU

220K, 5.8 miles from LSU

220K, 10 miles from LSU

A few perfectly fine starter hoes. Those were all on the first page of search results, not really doing any detailed searching.
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
72070 posts
Posted on 8/25/25 at 4:14 pm to
Ahhhhhhhh ok, you got me, I left off the affordable part of that post. Good job mr Aktually.

Point stands, and all of the data backs it up. Kids these days do not have the options people had even 10 years ago, much less 20+.

Yall can argue about stopping coffee and ground meat purchases all you want to justify to yourself that kids these days are just pussies and you weren't, but data is not on your side and you are wrong. I don't understand why it's unthinkable to admit that the kids today are facing stiff economic headwinds.
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
72070 posts
Posted on 8/25/25 at 4:16 pm to
quote:

“Just move an hour away from your job each way so you can afford a house on two incomes” - also the OT


fify
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
36965 posts
Posted on 8/25/25 at 4:16 pm to
quote:

We spent the last 4 years complaining about inflation and egg prices but now everything is better so quit bitching


Inflation is now under control. If you want prices to go down, that's deflation and a longer conversation can be had about how that would be bad.

The little 20-something progressives should've thought about things before casting their vote for Joe and bringing about more expensive everything. Too bad virtue signals are not recognized as legal tender.

But luckily everything in NYC will soon be affordable cuz they've got the guy who is gonna fix those expensive houses and food. 0% of the time these recycled socialist ideas work every time
This post was edited on 8/25/25 at 4:19 pm
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 8/25/25 at 4:16 pm to
quote:

A few perfectly fine starter hoes. Those were all on the first page of search results, not really doing any detailed searching.


Those are all fine for starter homes. However they’re right on that line of 20 minutes from downtown. So in order to get something affordable as a better than average earner in your mid to late 20s, you have to commute half an hour each way in a mid sized city like BR, which should be on the lower end on cost of living.

That’s my entire point. It, of course, isn’t impossible. Just way shittier than it used to be
Posted by Bonkers119
Baton Rouge
Member since Dec 2015
11990 posts
Posted on 8/25/25 at 4:18 pm to
That same ground beef was $9.26 in January, so it's gone up .74 cents in 7 months (8%). This rate of inflation isn't sustainable for most Americans.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 8/25/25 at 4:19 pm to
quote:

Yall can argue about stopping coffee and ground meat purchases all you want to justify to yourself that kids these days are just pussies and you weren't


Just take a stop back and think about absurd it is that people are arguing that dual income college graduates shouldn’t eat ground beef to not live in an apartment owned by Blackrock. I feel like I’m taking crazy pills
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
36965 posts
Posted on 8/25/25 at 4:20 pm to
quote:

Those are all fine for starter homes. However they’re right on that line of 20 minutes from downtown. So in order to get something affordable as a better than average earner in your mid to late 20s, you have to commute half an hour each way in a mid sized city like BR, which should be on the lower end on cost of living.


Hold up...so you're telling me that location is a factor in home prices and homes in better locations are more expensive?
Posted by DrrTiger
Gulf of America
Member since Nov 2023
2543 posts
Posted on 8/25/25 at 4:20 pm to
quote:

That same ground beef was $9.26 in January, so it's gone up .74 cents in 7 months (8%). This rate of inflation isn't sustainable for most Americans.


Voting blue has consequences.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 8/25/25 at 4:21 pm to
quote:

Voting blue has consequences.


Trump was inaugurated in January and republicans took control of the house and senate at the same time.

Not that it has much to do about anything, just pointing out you’re retarded
Posted by HouseMom
Member since Jun 2020
1933 posts
Posted on 8/25/25 at 4:22 pm to
quote:

“This is what we all have, but you don’t need it”


Wrong again. Our first home was 1323 LA and we were in love with our little house. Our second home? Barely over 1800.

quote:

“Just move an hour away from your job each way so you can afford a house” - also the OT


Location has been a driver of real estate "value" since forever. It's simple supply and demand. And Denham Springs isn't an hour from Baton Rouge. Goodness.
Posted by Bonkers119
Baton Rouge
Member since Dec 2015
11990 posts
Posted on 8/25/25 at 4:23 pm to
quote:

Voting blue has consequences.


Oh your brain is really empty.
Posted by Sun God
Member since Jul 2009
51912 posts
Posted on 8/25/25 at 4:23 pm to
Why did you skip this part of Mingo’s post?
quote:

That’s my entire point. It, of course, isn’t impossible. Just way shittier than it used to be
Posted by Dire Wolf
bawcomville
Member since Sep 2008
40316 posts
Posted on 8/25/25 at 4:23 pm to
Two ghetto adjacent houses that knowing the area will likely be ghetto in a decade. Those cheap cookie cutter neighborhoods have a tendency of going downward fast

3rd is in the hood and in 100 year flood plane

First two are fine if you don’t want to be in it long

Mingo, likely intentionally, added the impossible qualifier of being 15-20 minutes from downtown. No where is 15-20 minutes from anywhere in Baton Rouge
This post was edited on 8/25/25 at 4:24 pm
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 8/25/25 at 4:24 pm to
quote:

Our first home was 1323 LA and we were in love with our little house


Were you 38 like the average first time home buyer now?

quote:

Location has been a driver of real estate "value" since forever.


Ok, and it’s less affordable for everyone now, so what’s your point for this statement?

quote:

It's simple supply and demand


It’s actually not but someone who has proved themselves a moron, this doesn’t surprise me
Posted by Klark Kent
Houston via BR
Member since Jan 2008
74772 posts
Posted on 8/25/25 at 4:25 pm to
Got any ground beef prices prior to January?
Posted by Gravitiger
Member since Jun 2011
12433 posts
Posted on 8/25/25 at 4:25 pm to
quote:

You need to make about 350 a year now to be solid middle class
That's top 5% of income earners
Posted by UtahCajun
Member since Jul 2021
5408 posts
Posted on 8/25/25 at 4:26 pm to
quote:

There’s no affordable homes in a city like Spokane where it’s not a legitimate concern that your neighbors home may explode or where you have to live next to someone leaning over in their front yard for 36 hours straight


I hate to admit it, but the dude is right. What he says here is true for any urban area these days.

I just made a big mistake. I bought a house in March. It is a small house in the nicer outskirts of Iowa City. For the time I will be here, I should have rented. We paid $500K for it. We are the first to ever live in it. It is already lost $10K in value and it looks like midwest housing markets may take a big downturn. We could have gotten cheaper, but even 100+ YO houses in drug infested areas were around $400K at the time(probably just a bit less). Iowa city is inflated over the rest of Iowa.

Oh well, I can absorb the loss. This isn't my only house. I have 5 or so years here. Maybe I can make back a bit of what I will lose. I do understand many cannot currently.
This post was edited on 8/25/25 at 4:27 pm
Posted by DrrTiger
Gulf of America
Member since Nov 2023
2543 posts
Posted on 8/25/25 at 4:26 pm to
quote:

Trump was inaugurated in January


I was paying $3 a pound for ground beef before Biden “took office.”

That damn Drumpf though, amirite?
Posted by N2cars
Member since Feb 2008
39568 posts
Posted on 8/25/25 at 4:26 pm to
Yeah, that's not at all correct.

Ray Charles* could see that.




*Ray Charles was a fantastic musician, who was also blind.
This post was edited on 8/25/25 at 4:27 pm
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