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re: The Housing Market - Boomers need to understand that they've waited too long
Posted on 5/31/25 at 1:26 pm to Mingo Was His NameO
Posted on 5/31/25 at 1:26 pm to Mingo Was His NameO
quote:Here we go. Name calling again.
Are you stupid or dense? Based on your posting history, it very likely could be both
If you can't win the argument then insult.
1
Posted on 5/31/25 at 1:28 pm to Redbone
quote:
Here we go. Name calling again. If you can't win the argument then insult.
I thought we were going our separate ways? Can’t keep your word paw paw? Be better!
Posted on 5/31/25 at 1:29 pm to Mingo Was His NameO
quote:You really this ignorant? What are you? 10? WOW!
Current elders don’t respect themselves or anyone else. Starts at the top baw
Posted on 5/31/25 at 1:29 pm to Mingo Was His NameO
Is that your excuse? The MB 
Posted on 5/31/25 at 1:33 pm to Mingo Was His NameO
quote:Yeah, I messed up. The repetitiveness just grabbed me.
I thought we were going our separate ways?
Posted on 5/31/25 at 1:34 pm to Odysseus32
quote:One of the biggest mistakes sellers make is pricing. Price too high, it sits. After a while buyers wonder what’s wrong with the house.
Obviously you can find some homes with updated layouts and reasonable pricing, but they sell pretty quick.
Realtors all too frequently have no idea how to value one either, so it becomes difficult to know what to price something at.
I’ve got a background as both Appraiser and Realtor so I have a pretty good idea how to comp a house based on the sales in its area.
Posted on 5/31/25 at 1:38 pm to Odysseus32
quote:
Ellick
It’s a damned shame what’s happened to that town.
20 years ago it was a nice little town. Today it’s an absolute shite hole
Posted on 5/31/25 at 1:55 pm to Odysseus32
quote:No and I'm happy I'm not noticing.
Is anyone else noticing this in their area?
Posted on 5/31/25 at 1:58 pm to Odysseus32
Lumping all people into singular generations is stupid. However, if that’s the route you want to take, Gen Z is going to be the one to really screw shite up. A large percentage entering the work force are lazy, have a false sense of entitlement, and have zero vision for the future that won’t be contradicted. Boomers get a weird amount of hate on here. If a boomer prices their home too high for some reason, what do I care? The market will correct itself eventually.
All that aside…I’d live in any one of those homes so long as I wasn’t at risk for randomly getting gunned down mowing my yard. I don’t know that city well enough. The idea of updating a home is overrated. Obviously, plumbing and wiring need to be solid, and the structure itself. Otherwise, rip out the carpet. Wood paneling? Colors other than grey or white? A sunken room? Sloped ceilings? I couldn’t care less. That stuff has way more character than the cookie cutter shite or some farm house style copied from HGTV.
All that aside…I’d live in any one of those homes so long as I wasn’t at risk for randomly getting gunned down mowing my yard. I don’t know that city well enough. The idea of updating a home is overrated. Obviously, plumbing and wiring need to be solid, and the structure itself. Otherwise, rip out the carpet. Wood paneling? Colors other than grey or white? A sunken room? Sloped ceilings? I couldn’t care less. That stuff has way more character than the cookie cutter shite or some farm house style copied from HGTV.
Posted on 5/31/25 at 2:06 pm to TexasTiger08
quote:
If a boomer prices their home too high for some reason, what do I care?
Imagine being this clueless
Posted on 5/31/25 at 2:09 pm to Mingo Was His NameO
Am I missing something else the OP was implying?
Posted on 5/31/25 at 2:21 pm to RougeDawg
quote:
Real estate is going to get wild in about eight years.
Houses will be bought up in block package deals by real estate companies with hedge fund money. The general public will seldom have the chance to buy them one at a time. All of these houses will then be rental-only, often with rents higher than what a mortgage would have been. Our kids are going to live in a country where they rent or lease everything; owning nothing of value more expensive than an iPhone or X-Box. Most people will not be able to afford to own a house in 30 years, unless something drastically changes. Which I pray happens. Because were heading towards a future where many investors think all the non-stock/bond income will be from becoming a landlord to millions.
Posted on 5/31/25 at 2:23 pm to DesScorp
quote:
Most people will not be able to afford to own a house in 30 years, unless something drastically changes.
You’re right, but it’s also part of capitalism when Blackrock buys up a bunch of houses. This board loves capitalism.
Posted on 5/31/25 at 2:30 pm to BigPerm30
quote:
Amazing that we went from the greatest generation to the shittiest in a few years.
"The Greatest Generation" =/= "Boomers"
TGG: born between 1901 - 1927
BB: born between 1946 - 1964
Posted on 5/31/25 at 2:33 pm to Odysseus32
quote:
Owners are in their 70s/80s/dead and themselves or the estate are trying to get upwards of $300k in an area with a dead job market, rising crime, and brain drain.
This. My parents have been trying like hell to get me to move back to our hometown but I can't find a decent paying job in my field to make it work. Whenever I tell them this they say I'm "making that up" or use some kind of anecdotal "so in so's kid has a job" argument. They don't seem to understand how economics work or how much the labor market has changed. I've given up, I'm not going to to take an 70% pay cut to live in a podunk town with zero opportunity and a bad public school system.
Posted on 5/31/25 at 3:17 pm to CatsGoneWild
quote:
Housing market in Ohio is still booming.
Mmmm..... Opioid Death Capital of America...
Posted on 5/31/25 at 3:34 pm to Odysseus32
Waited too long? I am not the one who seriously inflated the value of our home purchased [and graduallyremodeled] since 1990
Posted on 5/31/25 at 3:38 pm to BigPerm30
quote:
only generation still watching and voting based on fake news.
Yes. There is no one else voting based on fake news..
Posted on 5/31/25 at 3:45 pm to Odysseus32
People who focus of $ p/ sq ft are funny. The value of real estate has been, and always will be based on location. Location makes a $250K a $750K house, and vice versa.
Posted on 5/31/25 at 3:52 pm to Odysseus32
quote:
The Housing Market - Boomers need to understand that they've waited too long
This has nothing to do with boomers, as they don’t typically live in 5,500 sf houses! More likely the kids of boomers who overextended themselves.
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