- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- 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: Crowder with Reasonable Fix to Housing Affordability
Posted on 12/11/25 at 11:15 am to back9Tiger
Posted on 12/11/25 at 11:15 am to back9Tiger
quote:
This is a huge driver, but let's not forget Mortgage Interest Rates and insurance costs
Mortgage rates are still pretty mid-low
They just seem high because....prices are too high
quote:
insurance costs
That was part of my post. Lowering prices + labor/materials will lowers insurance rates.
ETA: lowered prices will also reduce property tax costs to consumers
This post was edited on 12/11/25 at 11:16 am
1
Posted on 12/11/25 at 11:19 am to RollTide4547
quote:
RollTide4547
Wore a mask while driving alone
Campaigned for MeeMaw because of her strong lockdown stance
Posted on 12/11/25 at 11:20 am to SlowFlowPro
quote:
Not that drastic, but yes, to your larger point.
Home prices are way too high.
quote:
The pop of the bubble will have pain for some
But less pain overall for the market and a dane market will be much better overall and for the long term..
Ok so unfortunately I was right.
You do realize this exact thing happened in 2008 don't you? Do you remember who that went?
Posted on 12/11/25 at 11:25 am to Snipe
quote:
You do realize this exact thing happened in 2008 don't you?
And then government created a new bubble and we never returned to natural market forces.
That's not a good thing.
We never let the market reach it's proper bottom and then printed/distributed trillions AND kept rates artificially low to prop up prices via government.
All that did was create another bubble. covid started the process of popping it.
Posted on 12/11/25 at 11:30 am to SlowFlowPro
quote:
ETA: lowered prices will also reduce property tax costs to consumers
Agreed.
Posted on 12/11/25 at 11:31 am to goldennugget
quote:Why?
I know boomers won't like it
Posted on 12/11/25 at 11:34 am to SlowFlowPro
quote:Agree.
oo focused on immigrants (legal and illegal) and socialist policies (tax incentives).
The 1st ideas about Blackstone, and out of state leasing groups make sense.
Posted on 12/11/25 at 11:36 am to scottydoesntknow
quote:Sounds more like someone who would whine, bitch, gripe and complain that they "just can't buy a home because of the mean boomers". Bitches always blame others.
Wore a mask while driving alone
In 1981 the median home price was 69K, the Avg Int rate that year was 16.64%, median family income was 22400. Mortgage payment (on 100% of price) would have been 962 which was 51.57% of the median monthly income.
In 2024 the median home price is 400K, avg int rate is 6.8%, median family income is 90K. Mortgage payment (on 100% of price) is 2607 which is 34.77% of the median monthly income.
How exactly is a home buyer worse off today than a home buyer in 1981?
Posted on 12/11/25 at 11:37 am to SlowFlowPro
quote:
We never let the market reach it's proper bottom and then printed/distributed trillions AND kept rates artificially low to prop up prices via government.
How much further would you like to see the US economy fall. People were walking away from their house and telling mortgage companies you can have it back I'll fill bankruptcy and wait the 7-10 years for the markets to rebound.
Millions of them. The mortgage companies were waiving the notes just to keep people in the houses because they couldn't do anything with them and were collapsing themselves. They figured if at least they could keep the people in the houses the would have a vested interest in maintaining it. If course the government had to steep in and stop the collapse before it destroyed the country. It wasn't just houses, the stock markets imploded.
This is a terrible poorly thought out plan with limited short sight on the big picture.
You know what else was born out of the 2008 housing crash?
Blackrock and other foreign investment companies swooping in and buying up all the properties.
Posted on 12/11/25 at 11:41 am to Snipe
quote:
You know what else was born out of the 2008 housing crash?
Blackrock and other foreign investment companies swooping in and buying up all the properties.
You're just making my point for me
Posted on 12/11/25 at 11:58 am to RollTide4547
quote:
RollTide4547
Thinks Isrul is our greatest ally and that Jews in 2025 are God's chosen people
Also thinks John McCain was a great American and would have been a great President
This post was edited on 12/11/25 at 11:59 am
Posted on 12/11/25 at 12:04 pm to scottydoesntknow
quote:You seem to be resorting to personal attacks and ridicule. That's a big sign that you've lost the argument.
Thinks Isrul is our greatest ally and that Jews in 2025 are God's chosen people
Posted on 12/11/25 at 12:08 pm to tide06
quote:
If we boot the illegals and lock up the home grown degens from the inner cities to the country we can all live where ever the hell we want without having to base American housing values on a tenuous balance between access to jobs and avoiding criminal culture run rampant.
Covid cash/laws enabled Americans to buy investments (short term/long term rentals) which drove the market sky high.
Posted on 12/11/25 at 12:21 pm to RollTide4547
quote:
RollTide4547
Can dish it out but whines and cries when its dished back at him
Posted on 12/11/25 at 12:24 pm to RogerTheShrubber
quote:in 2019-2020 there were a finite number of single family homes. According to the great google, in 2020 140.5 million housing units, 126.8 million occupied. Biden let in 20+ million illegals and they all had to stay somewhere. There were 14 million vacant homes and then we over doubled the demand for homes (purchasing and renting) by allowing the illegal vermin in. The price had no choice but increase exponentially.
Covid cash/laws enabled Americans to buy investments (short term/long term rentals) which drove the market sky high.
Posted on 12/11/25 at 12:25 pm to scottydoesntknow
quote:How so? I called young folks out for not adapting and overcoming. Are you adapting and overcoming or are you complaining and blaming others?
Can dish it out but whines and cries when its dished back at him
This post was edited on 12/11/25 at 12:27 pm
Posted on 12/11/25 at 12:30 pm to SlowFlowPro
quote:
What we need is real market forces to let the bubble pop and the housing valuation insanity to pop.
The is no affordability issue. We live in a capitalist society and if people could not afford the homes that are out there then builders would quit building them. This happens all the time… market gives, market takes away.
What we do have is a society that wants to outlive their means. If you want a better house then get a better job or work harder.
Posted on 12/11/25 at 12:32 pm to RollTide4547
quote:
How so? I called young folks out for not adapting and overcoming. Are you adapting and overcoming or are you complaining and blaming others?
Im not young, and did far more to adapt and overcome than you ever did. Im not gonna sit by and let boomers generalize and criticize young people for reaping the economic and social consequences of boomer bailouts
Posted on 12/11/25 at 12:34 pm to scottydoesntknow
quote:You know this how? You know my age how?
did far more to adapt and overcome than you ever did.
quote:Did you even look at the numbers I posted? Here they are again.
Im not gonna sit by and let boomers generalize and criticize young people for reaping the economic and social consequences of boomer bailouts
In 1981 the median home price was 69K, the Avg Int rate that year was 16.64%, median family income was 22400. Mortgage payment (on 100% of price) would have been 962 which was 51.57% of the median monthly income.
In 2024 the median home price is 400K, avg int rate is 6.8%, median family income is 90K. Mortgage payment (on 100% of price) is 2607 which is 34.77% of the median monthly income.
Page 3 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News