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re: This is what you get buying a DSLD home

Posted on 4/3/22 at 6:39 am to
Posted by Solo Cam
Member since Sep 2015
32630 posts
Posted on 4/3/22 at 6:39 am to
quote:

What? No. Post tension is not going to be that close to the corner.
Lol I'm not going to argue with you. That's 100% PT

No doubt in my mind.
Posted by tilco
Spanish Fort, AL
Member since Nov 2013
13476 posts
Posted on 4/3/22 at 6:42 am to
When we were buying we wanted a new home. Went In models from dsld, dr horton, holiday, and Truland. They were all dogshit except Truland. Now it’s not perfect but they were the only company that looked like they gave a shite.

Now dsld is building a bigass subdivision across the street from us :/
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134846 posts
Posted on 4/3/22 at 7:09 am to
quote:

DSLD
quote:

client is a hedge fund that buys these for rentals

From one group of shitheads to another

This is the future. You'll own nothing and you'll be happy
Posted by djangochained
Gardere
Member since Jul 2013
19054 posts
Posted on 4/3/22 at 7:41 am to
quote:

Gonzales. Our house would sell for $250 now


This post was edited on 4/10/22 at 8:32 pm
Posted by dirtytigers
225
Member since Dec 2014
2459 posts
Posted on 4/3/22 at 7:50 am to
My company does Post Tension design-build construction. That is 100% a PT slab, just shoddy finishing work. We lay cables for DSLD across South La, they do all their slabs PT to reduce liability.
Posted by member12
Bob's Country Bunker
Member since May 2008
32095 posts
Posted on 4/3/22 at 8:04 am to
quote:

frick Blackrock to hell.

My thought (maybe just hoped) Louisiana was under their radar.

When rental revenue declines or if they run into a need for capital, they are going to unload a huge amount of homes on the market all at once.
This post was edited on 4/3/22 at 8:05 am
Posted by latxwoman
Member since Mar 2019
749 posts
Posted on 4/3/22 at 8:11 am to
quote:

When rental revenue declines or if they run into a need for capital, they are going to unload a huge amount of homes on the market all at once


This will happen, but it should take at least 5-10 years. To be honest, this is the Wild West - and none of us really have any idea what will happen. We are all speculating at this point. I've been saying for years that Covid foreclosures would tank the market, but it's not happening. I am, however, seeing fewer homes being put up for sale. Last year, I had 4 homes on my block for sale, and they sold immediately. This year only one, and it's patiently waiting for an offer.
This post was edited on 4/3/22 at 8:12 am
Posted by DesScorp
Alabama
Member since Sep 2017
6484 posts
Posted on 4/3/22 at 8:20 am to
quote:

There's no stopping it and it's only going to get worse. In 2 or 3 years, once pandemic-induced foreclosures make their way through the system, hedge funds will be snatching those up in bulk too.


I never dreamed I’d see the “free market” as an evil, destructive force, but I am rapidly getting there.
Posted by DesScorp
Alabama
Member since Sep 2017
6484 posts
Posted on 4/3/22 at 8:38 am to
quote:

Because socialism and communism have been such bastions of non-exploitation.


If Capitalism’s answer is a world where “you’ll own nothing and you’ll love it”, then it has failed us just as badly as the other two.
Posted by lsupride87
Member since Dec 2007
95013 posts
Posted on 4/3/22 at 9:30 am to
quote:

No reason why a two-parent working middle class family in their 30s shouldn't be able to afford a decent house in a nice area with good schools.
Those houses for for 450k in south Louisiana. You consider that “affordable”? We are creating a wealth gap in this country that’s going to have an ugly outcome
Posted by southernelite
Dallas
Member since Sep 2009
53177 posts
Posted on 4/3/22 at 11:06 am to
Some people in here real defensive about DSLD/DR Horton and other McMansion Builders.
Posted by redstick13
Lower Saxony
Member since Feb 2007
38488 posts
Posted on 4/3/22 at 11:13 am to
quote:

I think the whole area Northeast of the Burton is going to finally start blowing up too. Watch what happens to some of those pastures around there.



Most of that area is very prone to flooding. There's gonna be a certain dude on Hwy 14 making some bank on dirt if that's where the next builds are. But you're right, the area east towards Iowa is the natural expansion. Problem is most or all of that is owned by Sweetlake Land & Oil / Chalkley Estate and they aren't selling. The private land owners in the area aren't selling either. I know of an acre in that general area that just sold for $45,000 and it's nothing special.
Posted by redstick13
Lower Saxony
Member since Feb 2007
38488 posts
Posted on 4/3/22 at 11:21 am to
quote:

Waterside off of 14 is nice and they also have the Monarch Way development that has some multi-million dollar houses.


That place at the end of Monarch is enormous. They did that little area right, unlike the bullshite going up in Morganfield.
Posted by mikelbr
Baton Rouge
Member since Apr 2008
47474 posts
Posted on 4/3/22 at 11:25 am to
quote:

Some people in here real defensive about DSLD/DR Horton and other McMansion Builders.




Because the misguided disdain is about as valid as the 80s urban legend that Aids Needles were being put in Payphone coin returns.

Baseless and stupid.

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