- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: The average US house now requires a salary of $106k-a-year - $50k more than in 2020
Posted on 3/5/24 at 12:28 pm to Hiyoka
Posted on 3/5/24 at 12:28 pm to Hiyoka
quote:
How exactly do you suggest people “call out the bullshite” that will actually affect positive change?
As long as investors are doing ok, housing prices will never adjust.
Home ownership is primarily an investment today, which wasn't the case decades ago.
2
Posted on 3/5/24 at 12:29 pm to HouseMom
quote:
Now everyone's in debt up to their eyeballs because it looks good on Instagram. It's really very sad.
You think people are taking on student loan debt for intsagram likes?
Holy fricking shite lmao
Posted on 3/5/24 at 12:29 pm to Turnblad85
Are you expecting people to pay a mortgage with their HSA or maternity leave?
Posted on 3/5/24 at 12:30 pm to LNCHBOX
quote:
Hopefully so, everything was much more affordable back then.
Prices rose almost 10% over the course of the trump admin. Would have been even higher if they didn’t shut the economy down.
Posted on 3/5/24 at 12:32 pm to JohnnyKilroy
quote:
Prices rose almost 10% over the course of the trump admin. Would have been even higher if they didn’t shut the economy down.
I admire your continued support of the direction we have been under the last 3+ years. 
Posted on 3/5/24 at 12:32 pm to Epic Cajun
I’m 1990 and feel I got fricked hard. When I was looking for houses it was moved and stuff was 1M for a house with no central ac.
My kid will have it much harder
My kid will have it much harder
This post was edited on 3/5/24 at 12:33 pm
Posted on 3/5/24 at 12:33 pm to stout
quote:
The window quotes I have gotten so far are all around $30K no labor.
Damn, how many windows? I haven't sourced anything but coastal impact windows in the last 10 years and a typical vinyl egress (3052) impact window is ~$650.
Posted on 3/5/24 at 12:34 pm to JohnnyKilroy
quote:
You think people are taking on student loan debt for intsagram likes? Holy fricking shite lmao
I didn't say ANY student loan debt. I said people are taking on massive student loan debt because it looks good to other people.
I'm at the age where my kids and friends' kids are square in the middle of this. It is mind boggling where people are going to school without scholarships.
People talk about this like it's some badge of honor, and I'm over here telling my kids to go to community college for 2 years first. (I can completely afford to pay for their college outright.)
Baton Rouge Community College is like $4000 for 30 hours.
Posted on 3/5/24 at 12:35 pm to fareplay
quote:
My kid will have it much harder
Don't you and your wife pull in 1 million per year?
I think you will be ok
Posted on 3/5/24 at 12:36 pm to stout
I’m sure the governments solution to this will be to make it easier to get approved for a loan so that more people qualify, completely ignoring the fact that they won’t be able to keep up with payments and will end up in foreclosure
Posted on 3/5/24 at 12:38 pm to RogerTheShrubber
quote:
As long as investors are doing ok, housing prices will never adjust.
Home ownership is primarily an investment today, which wasn't the case decades ago.
According to PEW trust, 1/4 of homes in 2022 were owned by corporations. I would gather that percentage is higher now. Prices will not depress until companies decide that it is not a lucrative business. My guess is that is not going to happen anytime soon, and that prices will remain high.
Posted on 3/5/24 at 12:39 pm to Basura Blanco
quote:
Damn, how many windows? I haven't sourced anything but coastal impact windows in the last 10 years and a typical vinyl egress (3052) impact window is ~$650.
31 on the main house including some huge windows and sadly a few arch windows that I hate.
5 on the guest house
Posted on 3/5/24 at 12:40 pm to Boss
quote:
I would gather that percentage is higher now. Prices will not depress until companies decide that it is not a lucrative business.
The Pandemic provided the perfect chance for people to hop in the investment game. I dont blame them, it was there for the taking.
But it definitely hurt the first time homebuyers and still grips the market.
Posted on 3/5/24 at 12:44 pm to Turnblad85
(no message)
This post was edited on 3/21/24 at 12:11 pm
Posted on 3/5/24 at 12:46 pm to RogerTheShrubber
Yup. We bought our latest house in 2018 for 522k. Houses in our neighborhood are selling for between 850-1 million. We could afford that price tag, but I wouldn't want to.
We have set up trusts for our two kids so that they will each end up having a couple of 100,000 for a downpayment on a house. We have also told them that we will pay for one degree. So they will definitely be ahead.
We have set up trusts for our two kids so that they will each end up having a couple of 100,000 for a downpayment on a house. We have also told them that we will pay for one degree. So they will definitely be ahead.
Posted on 3/5/24 at 12:46 pm to Deactived
Our income doesn’t guarantee our kid will make similar nor will it be enough for them to not work hard. The fields we are in today may not be relevant tomorrow and they have to learn new skills while paying inflated prices
This post was edited on 3/5/24 at 12:47 pm
Posted on 3/5/24 at 12:47 pm to JohnnyKilroy
quote:
Prices rose almost 10% over the course of the trump admin.
10% inflation over FOUR years is about as good as anyone could expect. That's BELOW the historical average. Jesus, Biden and his oligarchs had 10% in one year.
Comments like this are really disturbing. There's a huge segment of the population that his been so brainwashed they would just rather see the world burn then to have their favorite political team lose, regardless of what is slapping them in the face everyday.
Posted on 3/5/24 at 12:48 pm to Mason Dixon Swine
quote:
HSA or maternity leave
are you under the impression that these two things are what completely encompasses benefits?
Money spent in one place cannot be spent in another. A $1000/mo healthcare premium takes away from funds that could be spent on a mortgage note.
Posted on 3/5/24 at 12:54 pm to AUFANATL
quote:
10% inflation over FOUR years is about as good as anyone could expect. That's BELOW the historical average. Jesus, Biden and his oligarchs had 10% in one year.
Which is funny because there’s a lot of regular posters who believe we should have 0% inflation and that we NEED deflation NOW.
quote:
Comments like this are really disturbing. There's a huge segment of the population that his been so brainwashed they would just rather see the world burn then to have their favorite political team lose, regardless of what is slapping them in the face everyday.
I will be voting for trump a 5th time in November.
Page 9 of 13
Popular
Back to top
Follow TigerDroppings for LSU Football News