re: "Starter home" will cost >$1 million in 237 cities.

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In North Alabama where I live you can find plenty of houses that are 2500-3000 sq feet and you will pay somewhere around 225k to 250k.

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I live outside of Florence and you are totally and completely fricking wrong. There might be a couple in that price range but the need a ton of work. A ready to move in house at that size here is $150 a square foot minimum. That's 375k-$450k. No one is selling their home right now for $90 a square foot. This is Florence where there's shite for jobs, unless you want an hour commute.

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Do you think homes like that will continue to appreciate?

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If I knew that, I’d be floating down my lazy river with a fancy martini instead of drinking Busch Lights in my play pool.
Fact is you have to buy sometime and prices don’t typically go down.

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costs over a million dollars in 237 cities. In California only four counties have median home values over a million bucks, let alone a starter home.

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They defined starter home as 33rd percentile per city limit.
If that’s the case, I probably live in a million dollar starter home here in Texas.

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Because the people who start these threads will always pick the most expensive areas, and then use that to claim that all housing in all areas of the country is unattainable. It's disingenuous at best.

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So you have a frick you, I got mine attitude

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ChucktownBadger lives in Charleston and rents because he can't afford a home there.

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Listed for $550,000.

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I'd move somewhere else before I paid over a half million for that

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I can afford one.

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wanna be in a better down payment position.

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Your stances in these threads just are always confusing. Because you're a renter in one of the worst valued markets in the south acting like the old posters who own their homes and had access to quality small/starter homes 40 years ago.

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Your stances in these threads just are always confusing. Because you're a renter in one of the worst valued markets in the south acting like the old posters who own their homes and had access to quality small/starter homes 40 years ago.

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I owned for 12 years in Chicago before I moved here and was saving for that initial purchase for about 10 years (remember the run up in prices before the crash in 2008? I waited that out and just kept saving).

I accept that prices are incredibly high/inflated here, precisely because it's a desirable place to live and there's limited inventory due to local regulations and geography. I knew that coming in. I also have no problem waiting things out...the market fluctuates, and we just had one of the largest migrations this country has ever seen with covid and the George Floyd bullshite. So I'm gonna wait a bit and enjoy life

I'm trying to get a few buddies to come to the Gamecock season kickoff party at Boone Hall Plantation. We can meet there and check knuckles

ETA: Oddly enough, our friend and neighbor downstairs in her 70s went the opposite way. She owned for years downtown and sold to have less responsibilities and issues to deal with. She's just gonna rent going forward.

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If I knew that, I’d be floating down my lazy river with a fancy martini instead of drinking Busch Lights in my play pool.

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For sure.

I’d like to start buying up rentals. But from what I can tell is seems like I would end up paying 300-400k for a house that would rent for 2k. That violates the 1% rule and therefore I’d be banking on appreciation.

These lists are such bullshite. Total data driven and it’s always extremely skewed. Not realistic what so ever

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IDK what property taxes are like out there in Commieforni

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Not as bad as you might think. There was a citizen initiative amendment to the state Constitution in 1978 limiting property taxes.