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Message

re: The “time price” of square foot of housing is 24% lower than the 1950s

Posted on 6/1/26 at 8:31 pm to
Posted by Sun God
Member since Jul 2009
52090 posts
Posted on 6/1/26 at 8:31 pm to
$1.5 million

Yeah that’s right in the terminex/bank teller wheelhouse
Posted by MikeD
Baton Rouge
Member since Jan 2004
8469 posts
Posted on 6/1/26 at 8:31 pm to
Much like cars, houses have had features added that drive the cost up. Some are features and some due to regulations. I’d get rid of several features in my car that added cost and will never be used.
Posted by Sun God
Member since Jul 2009
52090 posts
Posted on 6/1/26 at 8:32 pm to
quote:

I don't think it has sold in over a decade.

Hm wonder why
Posted by Ingeniero
Baton Rouge
Member since Dec 2013
23088 posts
Posted on 6/1/26 at 8:32 pm to
A few things:

That post isn't accounting for the fact that the percentage of Americans holding college degrees went from around 7% in 1956 to 42% in 2025. That skews the average salary upwards and ignores the lower middle class.

Y'all also aren't going to like that the author cites zoning laws as a reason for the inflation of housing costs. The libtards are going to put y'all in one of those spooky walkable cities if you follow that line of argument
Posted by Sun God
Member since Jul 2009
52090 posts
Posted on 6/1/26 at 8:33 pm to
Cars are at least better built now

New houses not so much
Posted by Scruffy
Kansas City
Member since Jul 2011
77415 posts
Posted on 6/1/26 at 8:34 pm to
quote:

1979 or early 1980
Bruh, your father bought a home and could afford a mortgage on less than $1500 a month in today’s dollars.



You guys REALLY need to do the math before making comments.
Posted by Gee Grenouille
Member since Jul 2018
8153 posts
Posted on 6/1/26 at 8:35 pm to
quote:

Yea, they’d sell to a couple where the wife is a bank teller and the husband a pest control employee.


I make $225,000 a year and have 3 college degrees. I bought a 75 year old house that cost $185,000. That was three years ago. It had one bathroom. We added another in the large laundry room. Comparable houses in that neighborhood don’t last a day on the market and it’s not a bunch of poors buying them. I’m not saying there are people out there in my financial situation that will buy more than they need but plenty of upper middle class people buy cheaper housing.
Posted by Techdave
Laffy
Member since Apr 2014
859 posts
Posted on 6/1/26 at 8:35 pm to
quote:

Cars are at least better built now New houses not so much


I would argue that today’s houses are a million times more energy efficient. Double pane windows, more efficient HVAC, better insulation.
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
74283 posts
Posted on 6/1/26 at 8:35 pm to
I can tell you with a million % confidence that a college educated couple with jobs in finance, stem, health, etc are not living in that home or remotely buying it

This is the home yuppies are moving into as first time buyers


From my own neck of the woods

LINK
Posted by lazlodawg
Member since Sep 2017
616 posts
Posted on 6/1/26 at 8:37 pm to
quote:


Hm wonder why


Do you feel like you're making a point here?
Posted by UptownJoeBrown
Baton Rouge
Member since Jul 2024
10164 posts
Posted on 6/1/26 at 8:37 pm to
quote:

The idea that a recently married couple- the wife a nurse and the husband in finance- would buy this house is a fricking joke.


Sounds like people need to tamper their expectations when buying their first home.
Posted by Breauxsif
Member since May 2012
22552 posts
Posted on 6/1/26 at 8:37 pm to
So you're saying living in CA is better than BR?
Posted by Scruffy
Kansas City
Member since Jul 2011
77415 posts
Posted on 6/1/26 at 8:38 pm to
quote:

I can tell you with a million % confidence that a college educated couple with jobs in finance, stem, health, etc are not living in that home or remotely buying it
I can tell you with a million % confidence that they are.

Just my single anecdotal example:

Friends of ours, wife is finance and husband manages real estate purchases for Amazon. They live in a single story home like that with 2 kids.

Your view isn’t even based on anecdotes. It is simply a skewed opinion based on what you “feel” is reality.
Posted by LCA131
Home of the Fake Sig lines
Member since Feb 2008
77278 posts
Posted on 6/1/26 at 8:40 pm to
quote:

can tell you with a million % confidence


Is that the same confidence level when you said the ghetto shooting was right beside the White House?

How can you make these crazy rants then come back on here like you're sane?
Posted by Sun God
Member since Jul 2009
52090 posts
Posted on 6/1/26 at 8:40 pm to
My point is your 75 dollar a week anecdote means absolutely zilch in buying a home in the last 50 years and that the reason that house is still on the market after that long is it’s probably falling apart or in foreclosure or both
This post was edited on 6/1/26 at 8:42 pm
Posted by lazlodawg
Member since Sep 2017
616 posts
Posted on 6/1/26 at 8:41 pm to
quote:

Bruh, your father bought a home and could afford a mortgage on less than $1500 a month in today’s dollars.

?

You guys REALLY need to do the math before making comments.


You are assuming that my mother didn't work as well? She made $130 per week. Bruh. They shared a used Datsun b210.
Posted by Scruffy
Kansas City
Member since Jul 2011
77415 posts
Posted on 6/1/26 at 8:41 pm to
quote:

My point is your 75 dollar a week anecdote means absolutely zilch in buying a home in the last 50 years
That is $1500 a month in today’s dollars.

You would be laughed out of the bank if you even tried to get a loan with that amount of income.
Posted by Sun God
Member since Jul 2009
52090 posts
Posted on 6/1/26 at 8:43 pm to
quote:

You are assuming that my mother didn't work as well? She made $130 per week.

Well shite what else haven’t you told us?

Did they win the lottery too?
Posted by lazlodawg
Member since Sep 2017
616 posts
Posted on 6/1/26 at 8:44 pm to
My point is they fricking struggled and shite was hard. How many people that are bitching would live there and share one beat to shite used car just to try to improve their lot? Not many. Instead they just complain about how tough things are now and nobody knows their sorrow.
Posted by lazlodawg
Member since Sep 2017
616 posts
Posted on 6/1/26 at 8:45 pm to
quote:

Well shite what else haven’t you told us?

Did they win the lottery too?


Wow.
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