- 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 insanity of housing prices these days
Posted on 12/25/21 at 7:47 pm to LSUFanHouston
Posted on 12/25/21 at 7:47 pm to LSUFanHouston
Yeah, my wife and I bring in around $140k a year and live in a $220k 4 bedroom house with one $16k car note and another paid off car.
I feel we're firmly middle class, but with prices of new vehicles and houses either everyone makes a shite ton more, or we just place our money a lot different.
I feel we're firmly middle class, but with prices of new vehicles and houses either everyone makes a shite ton more, or we just place our money a lot different.
0
Posted on 12/25/21 at 7:48 pm to LSUFanHouston
There was a time when people could not sell a house in Chalmette. People would bury a statue of St. Joseph upside down in the front yard for luck in selling a house that was there.
Posted on 12/25/21 at 9:58 pm to LSUFanHouston
Being in control of the rental market is the point. "You'll own nothing, and you'll be happy."
Me, I live a bit outside of the GNO/ BR area. Paid about $75/ sf for about 3,400 sf, 2010 construction. Although it's not new construction, it was obviously not damaged during Katrina. It's on about 10 acres and we purchased it in 2018.
The property was supposed to be the original owners' retirement home, but they went bankrupt and divorced while building it and had to sell at a loss (they've since made up their losses and are both doing ok, we hear). But there are deals to be had, you just have to keep looking and jump on it when you find it.
Edit: for clarity
Me, I live a bit outside of the GNO/ BR area. Paid about $75/ sf for about 3,400 sf, 2010 construction. Although it's not new construction, it was obviously not damaged during Katrina. It's on about 10 acres and we purchased it in 2018.
The property was supposed to be the original owners' retirement home, but they went bankrupt and divorced while building it and had to sell at a loss (they've since made up their losses and are both doing ok, we hear). But there are deals to be had, you just have to keep looking and jump on it when you find it.
Edit: for clarity
This post was edited on 12/26/21 at 12:16 am
Posted on 12/25/21 at 10:10 pm to AcadieAnne
quote:
2010 construction not damaged during Katrina.
Fun Fact: Hurricane Katrina occurred in the year 2005 .
Posted on 12/25/21 at 10:13 pm to LSUFanHouston
My next door middle eastern neighbors house is not as nice /big as ours and just sold for 370k. 4/3 2400 sq feet in Alexandria. Makes me wonder what I could get for mine right now and move us out of this shithole city.
Posted on 12/25/21 at 10:13 pm to BK Lounge
Yeah, should have been more clear about that. I only mentioned it because posters were talking about old vs new construction, and 2010 ain't new.
Thanks for pointing that out!
Thanks for pointing that out!
Posted on 12/25/21 at 10:16 pm to LSUFanHouston
my neighborhood in DT Charleston (Wagener Terrace) has 2/1 at 1300 square feet going for $500+ Get bent.
I rent like a poor paying someone else’s mortgage.
This post was edited on 12/25/21 at 10:23 pm
Posted on 12/25/21 at 11:02 pm to LSUFanHouston
We bought at the end of March this year outside Nashville and ours is worth $156,500 more than we paid then. We could get every bit of that if not more. It’s nuts.
Posted on 12/25/21 at 11:06 pm to TheWhizzinator
Ours apparently went up about $60k in just the year since we bought it (2020). We got in right before it got really crazy and lucked out that the folks who looked at it the hour before we did ended up not offering.
ETA: We’ve also had people reach out about wanting to buy even though we’re not selling. It’s crazy.
ETA: We’ve also had people reach out about wanting to buy even though we’re not selling. It’s crazy.
This post was edited on 12/25/21 at 11:07 pm
Posted on 12/25/21 at 11:09 pm to BluegrassBelle
New construction in Prarieville near Oak Grove is going for $245 sq foot.
Posted on 12/26/21 at 9:30 am to BluegrassBelle
We bought in October 2020 in BR near Webb golf course and had it appraised again last month and the appraisal was $85k above what we paid for it a year ago. Seems like that’s too high but what do I know.
Posted on 12/26/21 at 11:10 am to Shexter
The copier is low on toner
Posted on 12/26/21 at 11:41 am to Big Ole Baw
quote:
None of this shite is some grand conspiracy.
bullshite.
This is real
Posted on 12/26/21 at 11:56 am to Adam Banks
Well I will certainly still own my house and vehicle in 9 years, article is pure clickbait
This post was edited on 12/26/21 at 11:57 am
Posted on 12/26/21 at 12:03 pm to LSUFanHouston
In Bear Point...@ 10% in the past few months.
Posted on 12/26/21 at 12:03 pm to Ed Osteen
That is the organization that is comprised of the world’s biggest CEOs. This is their goal. The world economic forum isn’t some blogger on buzzfeed with 3 years to a journalism degree.
They may not be successful for 100% of America by 2030 but if you read about blackrock etc buying up real estate and then do the math on home prices+ the average income and you will see that anyone who doesn’t currently own a home is going to have issues. The math doesn’t add up for individuals. The corporations and investment firms are gobbling everything up and are running rent up as well to where you can no longer rent to build up the savings to buy.
They may not be successful for 100% of America by 2030 but if you read about blackrock etc buying up real estate and then do the math on home prices+ the average income and you will see that anyone who doesn’t currently own a home is going to have issues. The math doesn’t add up for individuals. The corporations and investment firms are gobbling everything up and are running rent up as well to where you can no longer rent to build up the savings to buy.
This post was edited on 12/26/21 at 12:06 pm
Posted on 12/26/21 at 12:40 pm to Adam Banks
I agree on the housing, we are already seeing that play out and it is not going to get any better. People waiting for the bubble to pop are just costing themselves money. But cmon, that headline is complete click bait
“You will own nothing and you will be happy”
“You will own nothing and you will be happy”
Posted on 12/26/21 at 12:45 pm to LSUFanHouston
You are paying for access to the greatest accent in the south.
Posted on 12/26/21 at 1:00 pm to Ed Osteen
quote:
I agree on the housing, we are already seeing that play out and it is not going to get any better. People waiting for the bubble to pop are just costing themselves money. But cmon, that headline is complete click bait
So you agree that the primary asset and wealth creator in the US for the last 100 years is actively being taken away but you think the headline is click bait?
Makes sense
Posted on 12/26/21 at 1:16 pm to Adam Banks
Again, “You will own nothing and you will be happy ”
Clickbait is bait to make you click, it doesn’t mean it’s all bullshite. Not sure why a few of you are so focused on me pointing it out. Didn’t mean to derail
quote:
Clickbait - content whose main purpose is to attract attention and encourage visitors to click on a link to a particular web page.
Clickbait is bait to make you click, it doesn’t mean it’s all bullshite. Not sure why a few of you are so focused on me pointing it out. Didn’t mean to derail
Page 5 of 7
Popular
Back to top
Follow TigerDroppings for LSU Football News