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Started By
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re: The ‘growing crisis of the young American male’ could send home prices falling for years
Posted on 4/3/24 at 6:04 pm to TigerBaitOohHaHa
Posted on 4/3/24 at 6:04 pm to TigerBaitOohHaHa
quote:
Further, I thought I had read recently that single women are more likely to be homeowners than single men. So, unlike previous generations where unwed women lived with their parents, what we have here is the inverse. The net effect being the same.
Most of those homes were acquired in divorce, that was just another "you go girl" article liberals are pushing.
As young men reject marriage, a lot of these women won't be able to do that in the next few decades.
0
Posted on 4/3/24 at 6:14 pm to jizzle6609
quote:
A man clears his debt
That sounds nice, but it can be very self-defeating. At 2.50% "clearing my debt" any faster than it comes due would be a brainless move. The bank basically screwed up and the present value of their screw-up is well into six figures.
Posted on 4/3/24 at 6:15 pm to Howyouluhdat
quote:
There’s other options then having to buy a home. My kids better be gone after college if they want to live with me post high school. That’s how they build independence. Get some roommates and live in an apt or cheap arse house that 4 of you can rent. Hell I paid 200 bucks a month to sleep on a couch for a year with my buddies. Didn’t even have my own room
Think a lot of it just depends what they’re doing with their life. If kid is just fricking around, move out and split the costs. If he’s working toward something to truly better himself, trying to start own business, grinding to save up, I’d welcome him to stay until he achieves his goal.
Posted on 4/4/24 at 10:17 am to LNCHBOX
quote:
Seems pretty obvious he isn't talking about the 6-8 months or so where prices were relatively low and interest rates were sub 3%.
Ok?
Outside of a select few metros, home values across the country have only continued to increase throughout 2021 to present.
Posted on 4/4/24 at 10:19 am to jizzle6609
quote:
you do not want a mortgage when you are preparing to retire.
Says who?
If rates are low enough I’d never pay it off. Even in retirement.
Posted on 4/4/24 at 10:22 am to jizzle6609
quote:
I have no idea what you are talking about we are a poor family.
Im just giving out friendly advice.
Seems odd to be lecturing everyone on how to be successful
Posted on 4/4/24 at 10:24 am to ragincajun03
Yet another reason we must supplement our population with immigrants.
And those who think falling prices are good news have a rude awakening if they find themselves in a deflationary spiral. Luckily that almost certainly won’t happen.
And those who think falling prices are good news have a rude awakening if they find themselves in a deflationary spiral. Luckily that almost certainly won’t happen.
Posted on 4/4/24 at 10:25 am to Penrod
A
Not sure how allowing millions of lowly educated people in the country will help prop up an over inflated housing market. Will be a long time before they're buying.
quote:
nd those who think falling prices are good news have a rude awakening if they find themselves in a deflationary spiral.
Not sure how allowing millions of lowly educated people in the country will help prop up an over inflated housing market. Will be a long time before they're buying.
Posted on 4/4/24 at 10:31 am to bad93ex
quote:
Why should they pay the exorbitant prices for a home? My sons can stick around along as they're pulling their own weight.
I have zero problem with my sons staying at my house at anytime. As long as they are productive and moving forward in their life. There could be many possible reasons they are saving money.
Posted on 4/4/24 at 10:33 am to ragincajun03
No, because more women are home owners, meaning they are takin gup that mantle, and single men still buy homes.
So the demand wont go away.
So the demand wont go away.
Posted on 4/4/24 at 10:36 am to dgnx6
Single women also carry more debt than single men and that doesn’t including real estate.
Posted on 4/4/24 at 10:37 am to VolSquatch
quote:
Some of it is. The male perspective is misguided if not outright offensive to some of these women.
Women thinking the sexual revolution and birth control would save them are the misguided ones.
More single motherhood than ever and increase in female suicides.
quote:
Suicide rates for women increased 4 percent in 2022, according to latest CDC data. The latest CDC data shows a significant increase for women between the ages of 25 and 34.
Seems the feminists are the misguided ones
Posted on 4/4/24 at 10:43 am to JohnnyKilroy
quote:
home values across the country have only continued to increase throughout 2021 to present.
That was his point
If they start falling and you got caught up in the insane bidding wars during 2021-2022, you might be in trouble. Posted on 4/4/24 at 10:51 am to LNCHBOX
quote:
That was his point If they start falling and you got caught up in the insane bidding wars during 2021-2022, you might be in trouble.
And my point was that valuations have continued to rise since then, so even a moderate correction will still leave you with more equity than you had when you purchased.
People on this board have been predicting that people who bought in 2020 and 2021 were in for a rude awakening for going on 4 years now.
Posted on 4/4/24 at 10:56 am to JohnnyKilroy
quote:
And my point was that valuations have continued to rise since then, so even a moderate correction will still leave you with more equity than you had when you purchased.
Prices in my area are down from their recent highs, and houses re staying on the market longer. It very much depends on where you got in on how true your statement is.
quote:
People on this board have been predicting that people who bought in 2020
No one has said this. 2020 was the best buying opportunity of my lifetime
Posted on 4/4/24 at 11:15 am to ragincajun03
Seattle area has more men than women and the house I bid for went 150k above asking. I think this is a bit overblown.
As long as payment is over 30 years, people will sacrifice other stuff to buy homes.
As long as payment is over 30 years, people will sacrifice other stuff to buy homes.
This post was edited on 4/4/24 at 11:16 am
Posted on 4/4/24 at 11:22 am to LNCHBOX
quote:
2020 was the best buying opportunity of my lifetime
Are you 4 years old?
2009-2019 was much better.
quote:
No one has said this
Stout spent nearly 8 months in 2021 with thread after thread arguing that 2020 buyers were headed for destruction.
This post was edited on 4/4/24 at 11:24 am
Posted on 4/4/24 at 11:29 am to JohnnyKilroy
quote:
Stout spent nearly 8 months in 2021 with thread after thread arguing that 2020 buyers were headed for destruction.
There were posts on here in 2017 and 2018 when I was lurking just reading before I joined with posters saying "what idiots are buying homes at these prices this isn't sustainable!!!!!!!"
People are dumb when it comes to the housing market. They get too emotional and can't see the big picture.
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