- 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: These real estate markets may be on the cusp of a San Francisco-style affordability crisis
Posted on 3/18/22 at 7:16 am to Street Hawk
Posted on 3/18/22 at 7:16 am to Street Hawk
It’s rough out there for buyers. I was in one yesterday I called the sellers agent after to see how many offers there were so I could talk with my clients about how far over list we’d need to be to have a shot.
Told them I never knew so many people had that much cash laying around, as cash offers seem to come in on a lot of the ones I’m involved with, and I show 500 plus a year
Told them I never knew so many people had that much cash laying around, as cash offers seem to come in on a lot of the ones I’m involved with, and I show 500 plus a year
1
Posted on 3/18/22 at 7:17 am to Street Hawk
The other day I said selling silver in 2011 was my only luckily timed investment move. I guess buying a house in Missoula in 2005 was a good slow play.
Posted on 3/18/22 at 7:18 am to TejasHorn
quote:
A lot of the crazy prices for dumps you see in CA and WA, etc is the land value not the run down house sitting on it.
No shite?
Posted on 3/18/22 at 7:32 am to HempHead
My friends bought an old 2/1 in Anaconda in '18 for $60k that needed complete gutting, from an old family friend's estate. Everyone in town thought they'd overpaid.
It's an odd, rough n tumble place (which is good in this day of invasion from the Left Coast), but so close to Discovery and Georgetown Lake. Also, the best St. Paddy's Day parade and celebration I've ever seen.
It's an odd, rough n tumble place (which is good in this day of invasion from the Left Coast), but so close to Discovery and Georgetown Lake. Also, the best St. Paddy's Day parade and celebration I've ever seen.
Posted on 3/18/22 at 7:36 am to HempHead
quote:
Butte, Anaconda, Livingston, Ennis, Three Forks, Manhattan, and West Yellowstone are still accessible to folks who aren't coming from the coasts.
Anaconda don't want none unless you got some, son.
Some $$$, obviously.
Posted on 3/18/22 at 7:39 am to Irregardless
Government protecting property values is a huge part of this problem.
Posted on 3/18/22 at 7:47 am to lynxcat
quote:
Expected to be 6-7 0.25% increases over the next year or so.
Fat chance
Posted on 3/18/22 at 7:50 am to Upperdecker
quote:
frick Montana is top of my list for places to move too
Also on Californians list
Posted on 3/18/22 at 7:50 am to Irregardless
quote:
Property values won’t be climbing much either.
Let me know when lumber prices start decreasing. Housing prices may stall but there won’t be a crash.
Posted on 3/18/22 at 7:52 am to Tigerbait357
Ok that is just fantasy.
You have to put a 1 at the front of that total due to the land value.
You have to put a 1 at the front of that total due to the land value.
Posted on 3/18/22 at 8:27 am to Street Hawk
Willing to bet it's all the assholes from California or New York sprinting out of the cities they ruined and driving up the price
Posted on 3/18/22 at 8:43 am to liz18lsu
quote:
I'm in FL (gulf side) and I could easily sell my house for over $1M. But where would I go? I
Bali. Your million would make you an oligarch there. I know people that were poor in the US living like kings there.
Posted on 3/18/22 at 9:13 am to Dragula
quote:
Amazed so many Californians are flocking to Montana when it's so vastly different in culture and climate.
Because the overlords are trying to push surplus D voters out of Cali and New York…
Posted on 3/18/22 at 9:13 am to Street Hawk
This crisis is expanding through the rest of the country.
It's going to be so much harder for first time homebuyers.
It's going to be so much harder for first time homebuyers.
Posted on 3/18/22 at 9:20 am to frequent flyer
(no message)
This post was edited on 3/18/22 at 10:55 am
Posted on 3/18/22 at 9:22 am to lechateau
quote:
Expected to be 6-7 0.25% increases over the next year or so.
quote:
Fat chance
why do you not believe this? The Federal Reserve has forecasted 6 more interest rate hikes in the next year.
A simple google search “Interest Rates 2022”
CNBC Article
NY Times Article
USA Today Article
Reuters Article
and that’s just the first 4 articles that popped up.
This post was edited on 3/18/22 at 9:42 am
Posted on 3/18/22 at 9:23 am to Street Hawk
Look at all those beautiful places about to be overrun in left wing shitstains.
Posted on 3/18/22 at 9:25 am to red sox fan 13
quote:
Sorry Montana locals. Y’all fricked
Seriously, people ought to stop selling to people with a California address.
Make them live in the squalor they created.
Posted on 3/18/22 at 9:25 am to lechateau
quote:
frick Montana is top of my list for places to move too
--------------------------------------------------------------------------------
Also on Californians list
Much of its seasonal or investment property.
Posted on 3/18/22 at 10:20 am to Zappas Stache
Well, for starters your God given right to a 6% annual increase in property values in places like Mandeville are coming to an end.
I suspect the Feds will go for Volcker- light. Raise rates but only do it in small increments in an attempt to choke off inflation.
You can't have it both ways. You cannot have endless appreciation of key asset classes and not be subject to inflation. But if you think inflation is bad, get ready for deflation.
I suspect the Feds will go for Volcker- light. Raise rates but only do it in small increments in an attempt to choke off inflation.
You can't have it both ways. You cannot have endless appreciation of key asset classes and not be subject to inflation. But if you think inflation is bad, get ready for deflation.
Page 3 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News