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Started By
Message
re: Real estate in BTR is stupid right now.
Posted on 8/29/16 at 10:03 am to Asgard Device
Posted on 8/29/16 at 10:03 am to Asgard Device
quote:
$125/sq
Thats doesnt seem like a bad price
1
Posted on 8/29/16 at 10:04 am to Asgard Device
You're wayyyyyy overreacting.
Posted on 8/29/16 at 10:05 am to LSURussian
Buddy had house on market during flood in prairieville stayed dry hasn't raised price still no hits.
Posted on 8/29/16 at 10:05 am to doubleb
quote:
Louisiana collects no property taxes now so how will they double, triple or quadruple???
I think he meant Louisianans will pay more due to the Parish and Local governments having to compensate for more and more lost state dollars with the expansion of programs in the state and corruption. I look for JBE to spend the money as wisely as Blanco did, then for constitutional amendments to come up where politicians politic their base to protect this money because xyz, when xyz is really their retirement fund due to kickbacks from contractors. You would think the people of Louisiana would get fed up with the corruption and mismanagement, but we keep re-electing state reps who are part of the problem and keep voting on constitutional amendments that continue to drive budget numbers through the ceiling and beyond what the state can afford.
Posted on 8/29/16 at 10:05 am to Asgard Device
Haha U Poor.
Posted on 8/29/16 at 10:08 am to Nado Jenkins83
quote:
I could care less.
In percentages, how much less could you care?
Posted on 8/29/16 at 10:11 am to Chad504boy
I bought my house a year and half before Katrina for $150/sqft....
sold it 6 years later for $215/sqft
The people I sold it to just sold it in June for $270/sqft
crazy
sold it 6 years later for $215/sqft
The people I sold it to just sold it in June for $270/sqft
crazy
Posted on 8/29/16 at 10:11 am to Chad504boy
quote:because people are still dealing with tragedy,gutting their homes,ETC. Just wait the next month will be very telling with real estate in LP and Ascension.
Buddy had house on market during flood in prairieville stayed dry hasn't raised price still no hits.
Posted on 8/29/16 at 10:11 am to Chad504boy
quote:
Buddy had house on market during flood in prairieville stayed dry hasn't raised price still no hits.
I bet if he offered to rent it people would be knocking down the door.
At this point I would expect most people to be looking for a rental while they rebuild, not looking to buy.
Posted on 8/29/16 at 10:12 am to meauxjeaux2
quote:
Just wait the next month will be very telling with real estate in LP and Ascension.
I wouldn't think the people that want to relocate due to flood loss will be prepared to buy any time soon?
Posted on 8/29/16 at 10:13 am to Asgard Device
quote:
Real estate in BTR is stupid right now
quote:
People are asking for $125/sq ft for houses that are 25-30 miles away from ANY significant job centers
So real estate not in BR, but outside of BR is what you meant to say. Oh and I don't know where you paid less than $150/sf for the last decade inside of BR in anything other than a shithole.
Posted on 8/29/16 at 10:13 am to Shankopotomus
quote:
If it fails to sell, they were wrong and it'll sort itself out
Don't hate capitalism my friend
Acting like building/development is capitalist is a fricking joke.
Zoning restrictions, an enormous lobby, and politics make it a lot like insider trading.
Posted on 8/29/16 at 10:15 am to Asgard Device
When was the last time you shopped for a house in Austin ? $125 per ft gets u the ghetto. Better try $350+
Posted on 8/29/16 at 10:15 am to Asgard Device
sorry you don't understand supply and demand.
Posted on 8/29/16 at 10:16 am to Asgard Device
quote:
Real estate in BTR is stupid right now.
If they are getting what they are asking....
Posted on 8/29/16 at 10:16 am to Asgard Device
$125 is the average rate before the flooding. That is assuming the house has some basic improvements like granite tops and the likes.
Posted on 8/29/16 at 10:20 am to Asgard Device
If you don't like it, sell your house for that inflated price and GTFO.
Posted on 8/29/16 at 10:21 am to Asgard Device
I bought my house last year for $120 sq/ft in Baton Rouge. It was on the market for 1 day.
Sold my house in Livingston Parish for $123 sq/ft. Sold in 2 days.
The house across the street from me recently sold their house before the flood for $135 sq/ft. Sold in less than a week.
My buddy in Ascension recently sold his house before the flood for 135sq/ft. Sold in less than a week.
I think you're full of shite Mr. Device.
Also, just b/c i live in Baton Rouge now, doesn't mean you just get to waltz through the streets and get to work in no time at all. When we lived in Walker, it took my wife 30 minutes to get to work, 21 miles away. We now live 6 miles from her work and it takes her 20 minutes to get to work. Unless you live around the corner from your work, traffic will get you whether you live in the city or in Ascension/Livingston.
Sold my house in Livingston Parish for $123 sq/ft. Sold in 2 days.
The house across the street from me recently sold their house before the flood for $135 sq/ft. Sold in less than a week.
My buddy in Ascension recently sold his house before the flood for 135sq/ft. Sold in less than a week.
I think you're full of shite Mr. Device.
Also, just b/c i live in Baton Rouge now, doesn't mean you just get to waltz through the streets and get to work in no time at all. When we lived in Walker, it took my wife 30 minutes to get to work, 21 miles away. We now live 6 miles from her work and it takes her 20 minutes to get to work. Unless you live around the corner from your work, traffic will get you whether you live in the city or in Ascension/Livingston.
This post was edited on 8/29/16 at 10:26 am
Posted on 8/29/16 at 10:24 am to Nado Jenkins83
quote:
I could care less.
Then, by all means...
Posted on 8/29/16 at 10:30 am to DirtyMikeandtheBoys
quote:
Oh and I don't know where you paid less than $150/sf for the last decade inside of BR in anything other than a shithole.
Really? That's almost as asinine as the OP.
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